Borders & Southern Petro... Share Discussion Threads

[gus 3000] 02/4/2019 17:27

All i can say today is

Thankyou

Thought we just had xmas not so long ago........

The story of Bor will indeed happen,patience only required.

[adg] 02/4/2019 16:26

Sadly, For a first time in a while i can see now that they are clearly reducing to the square root of SFA !

PS I hold 200k so not bashing - just being realistic

I once called them a few years ago and found the director or finance guy (don't recall who but it was one of the 2) were pretty uncommunicative and unhelpful.

Sadly I have this written off now to the CGT offset account !!

Would be VERY happy to be proven wrong.

[brian boru] 01/4/2019 10:50

Gus, I think you mean BOR have been in Reverse Gear for 7 years and have watched the Speedo decline from 100 to 2p and are running out of fuel rapidly.

[younasm] 01/4/2019 07:43

Disappointed

[gus 3000] 01/4/2019 07:35

Got themselves and investment bank to help,positive news on data room sessions and continued high interest.

For a first time in a while i can see now that they have moved up a gear in their search,a sense of urgency now and i can see a farmout during 2019

[bit coin] 01/4/2019 07:09

disappointing, higher expenses and still No Farm partner

[gus 3000] 31/3/2019 17:52

Borders and Southern results soon,holding up to half a billion barrels of high grade super light oil,real possibility of a light crude oil rim around the asset.


Geographical near assets thought to contain millions of barrels more


Possibly the last known super light oil mega field known that is yet undeveloped.

Successful drill,appraisal and flow test only required-91000 barrels a day planned.

Out of all aim companies,this is the best investment case to date.However its not without risk so do your own research.

Farm out discussions on going,news next week

[gus 3000] 28/3/2019 20:17

Well they are trying aren't they? A raft of AT trades,taking out the bid(not big stuff tho)

Marker was set with a 800 AT trade at 2.11p,value of around £160 to wipe off around £750k off the company m cap.The market makers probably made enough for their dinner today and no more,a 500k order actioned end of play,mm's brought it down to fill-£10k worth!

Finals next week,and i do not expect fireworks but hope to hear something positive.Questions will be asked soon by the big holders,if the board cannot do it then they need to move out and let somebody else try.

I will buy more soon at 2p or sub 2p,this stock will not be at this price in 12 months believe me.

RKH fid will double it for starters,if not treble it and more.

The whole market is very very cheap.AIM has been on the floor for a while but just penetrated sub zero ,through the floor.Crazy days and i feel something dark is looming for the markets in general.But hey ho,bor can only go down another 2p to zero! Nuts,great time to spread bet,buy whatever.Better than the lottery for sure.

[adg] 23/3/2019 13:36

Yes quite easily a 1000% increase given the right scenario and sequence of events, but will be pretty much dependent on the FI opening up as a new oil producing Province which is reliant on Sealion development - could be a different story here in 9 to 12 months for sure

[the monkster] 21/3/2019 22:12

Anyone think there could be 100 pc increase from here ??

[jnbrw] 15/3/2019 12:05

Not true, maybe in a couple of progressive euro nations oil demand will fall but globally oil consumption is set to grow and then stay at sustained levels. Increasing prosperity and a rising middle class in China, India, and other emerging economies mean that millions will become affluent consumers boosting consumption. Need to get some facts before you post.

[brian boru] 15/3/2019 11:55

By the time infrastructure is in place the need for oil will be diminished by around 50% if Musk had perfected his battery technology- with poo around $20 not much hope for super expensive drills in deep deep water miles from civilisation, imho

[jnbrw] 15/3/2019 09:45

Once Falklands infrastructure is in place and the development plan is approved, other co's will move in to take a part of the action.

[gus 3000] 14/3/2019 20:58

Very true whoppy.seemingly missed by some dopes.Its all about the outage,90,000boe a day.

Where else do you get that?

Bloody superb,project pay back at current brent within 3-4 years!!

No brainer

[whoppy] 14/3/2019 20:49

Rig day rates are about $155k. When BOR drilled it was $500k. It's a lot cheaper to drill now and the excellent reservoir porosity means they only need to drill 5-6 wells and a couple of re-injection wells for the dry gas and they can produce 90,000 barrels a day. Very attractive, imo.

[markymar] 14/3/2019 20:25

Whoppy look at the cost of drilling for BOR to RKH and different rigs they had to use for explorationA huge difference in cost trying to get the stuff out the ground hence partners walked away easier places in the world to make money so it's on back burner for many years.

[markymar] 14/3/2019 20:20

Gus,RKH made 2 million dollars from last up date in September they have 40 million in bank so your talking swaddle.What's my beef is you hyping this up to new investors reading this thinking they can make a fortune.Until the likes of RKH and PMO start pulling oil out the ground and infrastructure in place will the likes of Bor see interest again so many many years away.Hence BOR partners walked away and so did the income keeping them a floatRKH is shallow water and any interest from fellow oiles will look in that direction not BOR as just far to expensive to extract oil as far to deep.

[whocareswhats] 14/3/2019 20:08

It was a buy gus but a cross trade it will show up on london stock exchance good news hopefully take off soon

[gus 3000] 14/3/2019 19:56

Hi Scored,cross trade or not(and i am not sure it was).The broker has been gathering at this level to fill this order for a while,expect ping a ding time soon.

[gus 3000] 14/3/2019 19:55

Markymar,which planet do you live on?

RKH sold 60% of their asset to a near bankrupt oil producer who is struggling to repay its debts.RKH never put any assurances or timelines in their agreement which is why they have waited for years and are still waiting.PMO granted are recovering but need to borrow or farm out to make the project real and i hope they succeed.

RKH cash pile out is dangerously low and they may need to raise more cash,therefore diluting your holding.

RKH asset is a medium grade crude that will need treatment.

BOR-have half a billion barrels of api 48,super light oil.100% owned,cash in the bank and over 90000 barrels a day throughout when in production,which is more than RKH by far.A simple floater to produce like RKH.

No partner as of yet true,but soon it will happen.

Its all about liquid gas,super light oil for the future.Medium and heavy grade crudes are nothing special,plenty of the stuff all over the world.

I hope all the projects happen for the FKI,not sure what your issue is?

[jnbrw] 14/3/2019 15:02

Bought some as looking good for Falklands revival this year

[whoppy] 14/3/2019 14:26

If BOR's prospects are too deep and expensive, then how did they make the Darwin discovery?

[brian boru] 14/3/2019 14:02

Harsh but true..........