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Eco, Baron, Deltic, Challenger, Orcadian, Rockhopper, Longboat. There's loads.
Deals and farmouts are currently being done all over the place.
e.g. ?
Deals and farmouts are currently being done all over the place. With the huge prize on offer, Borders isn't being left out.
I personally think the deal here will be concluded post successful RKH /Navitas FID. This seems to be the key to unlock the geographical door and once open, others will enter with us being taken out, farmed into or financed for us to go it alone.
If they are going to raise a bit of cash and shareholders are excluded from participating, but the existing large holders are participating, then let's insist that they at least pay a premium to the sp, say 3p, so we are not hit with a cheap fund raise like last time.
Shareholders need to be protected and compensated for not being able to take part. A raise at a higher sp will also show that the big shareholders have confidence in the new CEO's ability of securing a deal and send a signal to the market.
That's even if they do a raise.
I will be brutally honest , my expectation is of yet another bland, we are exploring funding options, update....but I hope I am wrong.
....my money is on the end of themonth
About time we had something now BOD
Wow.. can currently buy at 2.3p. this close to a farmout. The sp has dropped on nothing volume. Maybe MM's are shaking out holders...everything is ripe for a deal.
.......lets just hope it doesnt get its strings cut Gus....lol.
And it begins it's no trade climb back up again...... Bor is like a thunderbirds character- pulled, yanked, twisted at all times....
Off book pre arranged transfer of stock Rookie
Remember the £85k at 3p. Probably the same buyer.
2 big sales rolled through from the 3rd of may. But who’s been buying them? There hasn’t been that many buyers on the open market to absorb them size trades since Friday.
KO pco
Yes I know. Can't edit unfortunately.
Please pardon the pedantry : we're
I see were in bargain territory again.
Deepwater drilling booming again as oil companies look for bigger fields. South Atlantic margin is of great interest to oil companies.
https://oilprice.com/Energy/Energy-General/Deepwater-Exploration-Is-Booming-Again.html
Well good noises coming from the South Atlantic politically
A drill ship with 3 well options capable of drilling at Darwin. BP and Total opening up a new basin in the South Falklands on an already discovered 460 million barrels would be a quick money earner, if the new Argentine government are fine with it. They want better trading relations and need the UK at the IMF.
Which is bit dim looking at the scale of Brazil's oil reserves haha.
Good research PoC, I did not know that there are operations in that area.
Nigel, Valaris Renaissance DS-15 is contracted out to BP and Total for operations in Brazil until Jul 25. Two 160 day options and one 120 day option. See fleet status link.
https://s23.q4cdn.com/956522167/files/doc_downloads/fleet-status-report/2024/04302024-Fleet-Status-Report_FINAL.pdf
Thanks POC👍