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Falkland sovereign wealth rating A+ good for investment.
https://en.mercopress.com/2024/03/26/falkland-islands-a-rating-retained-signals-economic-strength
MMs know that they can suck sellers out due to boredom. A couple of k sells just gone through. Drip feeding while they no doubt fill another £58k buy order that everyone will forget about.
What we need is news of a partner and then the buying will start, can’t rely on our Canadian friend.
LTT
Be great if we break 3p. It's been resisting for a while. Just need our buyer to buy a few.
Hopefully this will shift soon, there is almost zero activity and certainly no sellers at this level. I suspect the bid will pop into the 3's soon.
Just down to impatience - I'm working on overcoming it !
Why would you want to? Lol
I'm also frustrated I can't do a sell at 3p.
I’ve got a limit buy for £6 k set at 3p but MMs don’t seem interested in taking it.
Considering taking up a modest holding. Here is a case study of the Jackdaw field. Half recoverable condensate and multiples of taxation. GCR erroneous I think as they use bbls per mscf. I think they mean mmscf but that is to be established.
https://www.searchanddiscovery.com/documents/2015/41699ryan/ndx_ryan.pdf
Still interested in PRD due acreage proximate to Corrib. Gradually the bovine herd is being dispensed with after promises of outlandish share prices. Now mostly disbelieved.
Cough Cough.....RKH will probably lead the way even though our economics and asset is better, once RKH get their FID we will fly and others will arrive for definite. We are a long way behind RKH on first oil, as you all know but that could change very quickly.
Spreed657 thanks for that info, very interesting opinion from local Falklanders that Darwin will lead the way. It would be quicker to develop to first oil and revenues than Sea Lion. A big plus for BOR. As Nigel has alluded to, light oil condensate with no impurities in high demand. Very valuable and not many huge condensate fields around. Darwin is the biggest worldwide. Await the farmout news... I expect it's a big US player.
Fin, I am a holder of harbour energy, like you I see no future in the North Sea. Our politicians and the woke west are committing economic suicide to ‘build back better’. It’s Intentional, there’s no way it’s short sightedness.
Anyway, I think BOR will be a massive share again some day soon and I hope we all make a fortune off it.
Covered before no doubt but the new maritime regulatory guidelines to cease the use of heavy fuel oil (HFO). HFO is inefficient in energy transfer terms therefore more direct GHG's but importantly produces NOx gases (not Nitrous Oxide) which in themselves react with volatile organic compounds to form Tropospheric Ozone, a GHG!
Sulphur Dioxide is also produced, the complex chemistry of this compound and whether it is a primary or secondary GHG completely evades me however, it is most definitely a pollutant.
This is why I think the new entry major investors are here, regulation forces change, often for the better. With mods to shipping propulsion systems lightly refined condensate (in fact Darwin condensate is a very light oil) is the perfect fuel.
I’m actually here on the Falklands. During my time, I have spoken to several locals about oil. They have all without exception been very confident that it will be a viable project in the next two years. Darwin is currently the most likely to lead the way. I know it’s only hearsay, but there appears to be a very positive outlook.
Correct. The 650+350 (650 Non-ISA and 350 ISA) was me. About 30k GBP. Nothing very unusual, but for the sake of information, I finally gave up on my remaining stake in ENQ, which I consider to be moribund. North Sea has no immediate future, although I believe ENQ is a great and well run company, and I'd be delighted to get back in there at some future time, I cannot stay with ENQ in the current UK political attitude towards North Sea and insane windfall robberies. I sold 2/3 of my ENQ a few months back, today sold the remaining 1/3 and bought 50:50 BOR and CHAR.
So, I'm with you now, GL ENQ, GL BOR, and of course GLALTH.
Fin
No idea why my phone put ‘mate’ in that sentence.lol
Another £15k buy rolling through mate after close
About time but Ill believe it when it happens.
I didn't
Someone’s still feeding the MMs if I can buy for 3.05p.
Dont believe it NOT SAYING POSTER LYING meaning any tweet can say anything have a great weekend all and you phil 164
I certainly hope this is true, but I have to say it makes absolutely no sense to me that anyone in the know would send such a tweet.
Probably same buyer 1 million shares 350+650k
10k buy this morning and now a delayed 20k buy aswell. Seems odd the bid jumped up substantially when rob posted