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What pi's all 32-38 Billion, we did not churn like this on Copl and we had 4 of them
in play Hardon selling and HSBC Holdings, Royal Bank of Canada Holdings and the
Clarendon FUND all buying
So far we have Miton with only 421m
and copl was a pretty much done deal rto aq worth £200m , day 1 production and set
to increase to 15,000 barrels per DAY, with copl a MC of £15
Boil is all down to the question of sport round WHAT HAPPENS NEXT , hopefully an approach
from on of those 42 International oil and gas companies that attended the conference briefs
on Chuditch and available High res Seismic the day after our sudden raise on 24th March
The situation is the $64 Billion oil and condensate field Greater Sunrise has been their for
47 years WAITING, parliament seem to be talking we need money by 2024/25 so the plans
to build on the island no longer fit for purpose, IF they broke ground now it would not
be ready until years after their sovereign wealth fund which basically funds the entire
annual budget had been emptied
Woodside the operator of the 50/50 OZ/TL venture (per agreement largest part in oz
designated territory, reservoir that is) is now as 20 years ago proposing lets get it
moving and had 2 plans in place back then , floating platform initially, then via tie
in , to the Bayu Undan to Darwin Pipeline once in place
Chuditch just like it has been sitting in limbo STRANDED, little point in spending forturnes
in FFD full field development , multiple wells etc etc, if you have nowhere to send it
The new head of the local Noc Ex Premier Oil and Petronas, promoted last year to head the
progression of assets, has come out with similar rhetoric that East Timor is open for business
and unlike many regions, will not be charging successful bidders an award signing FEE, they
want the new 18 licenses active asap
The license round delayed until bids now close October, if planning the same as last year
awards December and completion January was the schedule, our SundaGas having spent
the past 3 years helping with events, conferences etc, was also expected to be bidding
so fingers crossed we could pick up another gem of a slot
Either way if clarity given by Gov OR Woodside they now have a firm plan for production
Sunrise and likewise Chuditch NO LONGER STRANDED and doubt if any of the major
players in the area will not be looking at another potential as big if not bigger field
as $64 Billion Sunrise , by Shells mapping DISCOVERY drill and GIIP figures
and the name of that license is CHUDITCH
:))
"So WHO else has been churning or soaking up all those billions for the previous 5 weeks all calmed down this week" no mystery it's just pi to pi.
MANNAN it's BLUE
skies all around me with that rare bright ball in the sky
off to have lunch in the garden lol
:))
Give me a call when it’s in blue
we have 2 Doctor Butlers
so should be able to dish up some medicine to treat our SP ill's
:))
one at SundaGas and our own, hence the nepotism invite for a 100% rto back
in November 2019 when SG awarded the license lol
Churn started forward selling on the 24th announcement, originally listed as 1.9 billion
on LSE and later amended to 1.73b but well over 2 billion on day 1
Miton original declaration 29th March had 403m on the 26th, which was the on or around
date for shares market entry , so unclear if they took as part of the placing or accumulated
on the 24th
The following days little volume until the 29th when only 308m on lse
So we have churned like no other I can remember, 32-38 Billion between the two
exchange, the upper figure as all the previous data on the lse went wonky donkey
pre 22nd April dropping by 6.2 billion , not just volume but number of daily trades
on the trade receap pages of the Exchange also corrupt, we had had many days of
600-800 trade days
Suddenly like the volume also wonky donkey, with now the 9th April showing the highest
at around 450 on half the volume of the 24th (ya would think they did not want us to know
what was going on lol)
Miton then bought a few more although % holding dropped due to 2nd tranche being added
from the placing
So WHO else has been churning or soaking up all those billions for the previous 5 weeks
all calmed down this week
inflation woes ...
that being said. We have a 9 mil MCAP!
Just needs a lil bit of patience. I would like a TR1
As a Coventry fan our recent history says we should have a good summer and push on for promotion
Lets hope BOIL has a Mark Robins to help
Yes Shaa bad day for the markets in all.
FTSE 100 DOWN 2%
FTSE 250 DOWN 2%
NASDAQ FUTURES DOWN 1.28%
OIL DOWN 0.5%
Nothing has changed here, vast potential remains...
Admission and total voting rights
Application has been made for the 1,525,000,000 First Fundraising Shares to be issued pursuant to the First Fundraising to be admitted to trading on AIM ("First Admission") and the date on which First Admission is expected to become effective is on or around 26 March 2021.
Upon First Admission, the Company's issued ordinary share capital will consist of 5,951,409,576 Ordinary Shares with one voting right each. The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of Ordinary Shares and voting rights in the Company will be 5,951,409,576. With effect from First Admission, this figure may be used by Shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
Application will also be made to the London Stock Exchange for the 4,475,000,000 Second Fundraising Shares to be issued pursuant to the Second Fundraising to be admitted to trading on AIM ("Second Admission") and, conditional, inter alia, on the approval of Shareholders at the General Meeting, the date on which Second Admission is expected to become effective is on or around 14 April 2021.
with the volume we had for 5 weeks since the placing , it ought to be
now is just investing traders skimmers and scalpers leaving
for the INVESTORS , its now the waiting game for further news as someone said
earlier surely a TR1 or few must be out there, well over 30 billion shares churned
between lse and aqse
Come on BOD , keep the momentum up with some steady , if not spectacular news
until the main event unfolds
Being nearer to the action, SundaGas and our local NOC partner(GOV) Timor Gap/ANPM
must be able to shed some light on the future of Timor Leste territory processing of
production
The new man in charge since last August and his Government have already stated Sovereign
wealth fund that virtually funds the annual budget on its own, will be like the current oil
fields and Bayu Gas (all depleted by 2022) will likewise be depleted within 10 years, that
includes factoring potential of Sunrise and Buffalo
Sunrise can only happen if they let Woodside carry out its 20 year wanted sending it all to
Darwin (sunrise TL/OZ 50/50 under the maritime agreement)
The previous heels dug in President demands for ALL to be processed on the Island , failed to
attract funding for the new $16-20 Billion Tasi Mane refinery complex on the south east coast
of the island , even China belt and road declined the offer to fund and build
Tasi Mane as said not even broken ground with a shovel , so the fund will be long depleted if
it ever was built, ball now in TL Gov corner , rescind the previous el pres decree put into law
and get Sunrise into production asap and those sitting on the side lines , will flood your
data and bidding rooms with offers for the 18 new license to fill your coffers back up
Make it clear your statements Tasi Mane probably not financially viable leave doubt to
potential investors, say it loud and clear Timor Leste open for business , send it where
you like for processing , just give us our cut for our coffer , ASAP lol
:))
True, shares taking a pounding and we haven’t drifted down too much
We don’t know that for a fact
what stopping here to rise ?
the placing shares gone long time ago
who does not love a footy analogy lol
but if I was pulling that line, hmmm
Real Madrid taking over Accrington Stanley lol
If Man City are still at Elland Road then we’re probably waiting for Leeds Utd to come and kick us out so they can play a match. Although using this analogy, if they pay us 10p a share to get back to Maine Rd that would be pretty handy :)
Loving this analysis haha.
Even from a United fan ;)
So what you’re saying HFB is we’re Man City in the 90s languishing in the 1st division and at Eland Road forever in the shadows of the reds across the road and then suddenly, just like that, the Thai billionaire then the Emirati trillionnaires see our value and come and swoop in and now the blue moon is on the cusp of greatness!
Seems abit gloomy on here this morning.
If it helps anyone, I brought in at 0.06, 0.09, 0.11 and 0.12
Average share price of over 0.1 so I've been mainly negative. Doesn't worry me one bit! :) its just a waiting game now. No stress at all. No constant reviewing the daily rise and fall. Just awaiting some exciting news to come through!
I can spend more time now doing research and looking into the potential of Chuditch and global economics regarding LNG etc.
as said Tim , this one is nothing to do with Boil itself, this is all about a region
back in play and we hold the biggest know find in the region, its all about
who comes to claim it and the deal we get
Shells development figures and discovery well GIIP place it in the same league
as Sunrise (recent valuation $64 Billion in Gas and Condensate) provided no
new U turn by TL Gov, unlikely as they are desperate for replacement revenues
by 2025
The Tasi Mane previous plan South Coast new Refineries complex/port, has not even
had a spade break ground and if started today would not be available for production
until beyond 2030 (they will not U turn risking zero funds for 5-10 years)
Woodside the operator of both Sunrise and a large facility in Darwin , have always
expressed a wish for floating platform or backfill via Bayu Undan pipeline to Darwin
we are right next door, so would on development have the same infrastructure
available to backfill after Sunrise
As soon as Woodside confirm after 47 years Sunrise is to flow, someone will want our
no longer stranded huge gas asset that could be as big if not bigger than 64b Sunrise
per Shell development figures in 1998 GLA
:))
its a blood bath across the whole market happy to sit on these and switch off now
ncar, good question, and one I am pondering myself here.
Did ii buy into this, or has it just been mass pi's buying the placement shares?
No funding for the next several months - possibly a year plus. Great prospects on the ground. We’ve doubled our claim in the area with the recent earn in. The SP hasn’t massively retraced from recent highs. (For perspective, look at this mornings bloodbath at AMGO). Decent volumes compared to pre 24th March. Free expert research by way of HFB et all on this board. Nothing goes in a straight line. So I’ll keep holding these golden tickets.
Same here iam not going to look back in on this until copl is back, and if its down i will lower may average, hopefully it will be back above my 0.9 average.
Madness. Can't be doing with looking ...have a good week everyone lol