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......I guess maybe not...lol.
Well who is he, the Hugh Mason I found is an engineer from Alberta, qualified Association of Professional Engineers, Geoscientists of Alberta, is this him?
**Well things just got even more interesting.**
Either , Farming partner , or, taken over....IMHO-DYOR
Well Phil at least we know who spent the £83k at 3p, but where did all the rest of the stock come from? Certainly not the open market otherwise we would be 10p and not 2!!! Interesting to see who has reduced or got out, like AB- he has declared his holding in his own name. Singapore based hub with a lot of capital available, off shore etc- another piece of the jigsaw puzzle?
Https://www.asiabiztoday.com/2018/01/31/successful-entrepreneurs-are-great-story-tellers-hugh-mason/
Is this the guy?
Well things just got even more interesting.
Any thoughts on todays RNS guys ?
7,7 % holding
Singapore connection??
Yes Gus, I have been wondering myself about that one.
Lets not forget that £83,000 buy a couple weeks ago at 3p
Same here Phil, I have no interest in an RNS off our new CEO to say hello ETC. get to work and deliver the goods, that’s more my thinking and hopefully this is the case.
LTT - Rest assured, shareholders and the market will be the last to know what's going on. You say if anything was happening then people would be buying 3.5 - 4.5, even 5p a share...well, that's exactly what's been happening. Alan Brimacome has bought 75 million shares at those prices and is still continuing to buy and is not stopping at 10%.. It kind of answers your question I hope.
There is one option I hadnt considered though, I believe going over 10% gives ADB a block on any takeover going unconditional, so maybe because of the CEO change he increased his position as insurance.
I may be on my own in this but I honestly wasnt expecting an RNS from the new CEO before the next scheduled update, which could be this week or any time up to the end of next month, I too however would have been a whole lot more nervous had it not been for ADB increasing to over 10% at exactly the same time, I still feel that is no coincidence and I am certain he knows more about our new CEO than I do.
Hi Ant, nobody to notice last time but I will say ti again. The RNS from Borders advised that Baker IS a director of Alana Capital and Baker Melling. However Alana Capital is dissolved and Baker has never been a director of that company, Baker Milling isn't active either. It's pretty poor that they couldn't even get this right and why the false info? What's the point?
Love your optimism Pages, but if there really was something in the wind about the deal you mention, wouldn't people be buying? Wouldn't they be filling their boots in the knowledge that this would be double, treble or more on an announcement? I would, I wouldn't be fishing around I'd be buying as many as I could up to 3.5 or 4.5, even 5p per share as any such deal where Borders partners Navitas and RKH and gets a slice of Sea Lion would be well worth it!
I think it's currently and chicken and egg situation, they haven't been able to get money for Darwin development so how can they get money to partner Navitas and RKH. Once Navitas hits the FID button and/or says where funding is coming from, then Darwin becomes more valuable, but no before.
Darwin is still a stranded asset until there are boots on the ground, just look at RKH, languishing around 13p per share with OM award sold although awaiting FIG approval, with a possible 80M euros to be banked by year end which is around RKH current market cap. So RKH 35% of Sea Lion and Navitas deal is valued at NOTHING. Sam Moody couldn't raise cash now even with a partner who is planning ahead and asking for tenders for accommodation in the Falklands and a site for equipment storage and mud for drilling. They want this ready for the 2nd and 3rd Q 2025. Even so with all the news about what they are doing, Navitas have said nothing much about a partner/funding/FIG apart from "FID is planned for end of 2024". So how could Darwin raise some cash?
Don't get me wrong I would love you to be right and things plough forward, but I just cannot see it at the moment.
Regards LTT a hopeful shareholder.
Well said Gus, wtf is going on !!!
No updates or welcome from our new CEO, it’s not a good sign and so far nothing has changed. I’d have made communication with investors one of my main priorities
If it wasn’t for our discovery and the Calgary guys I’d have no confidence at all.
Brimacombe buying at this price when he's up you'd think. About 1:30pm.
We only get rumours with this share, so any sourced info should be viewed cautiously, however what goes on in the background will come to fruition when all the details have been completed. Until then, the company can't say anything. Obviously the likes of Alan Brimacombe who has 10% will be more clued up and the fact we have a new CEO who is a finance specialist for oil and gas can only mean that BOR are in finance negotiations of some sort. Bonds, farmout, sale, any one of these options monetises the asset, so it's all good imo.
A great buying opportunity on this no volume drop will quickly push the price up.
Personally I don't believe it one bit, but the bond issue I have voiced before and that could be a go-er. After all, if nobody is really that interested then we have to do it by ourselves. It's not super big money in the grand scheme of oil development and is definitely possible. On another note I just saw an A trade for under £50 drop our value by nearly 10%, the games continue and can continue when the stock is so stagnant.
2nd hand source, and no.
So POC you're a 3rd hand source. Does that Canadian company that took over ARG's licence come into it ?
Kind thanks page of cups surprised its dropped at 2p will buy a load if she hits
Buffit. I can't tell other than a 2nd hand source who has contacts..sorry can't be more precise.
Scoredagain, I believe Navitas bond issue as part of a farmout deal for their share with BOR's own finance piggy backed on the back of the farmout deal allowing BOR to fund retain a bigger percentage. If RKH join in, then funding less onerous.
Page of cups thats new to me with the bond issue where can i read up on it
Can you tell us where you heard it ?