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Oops hit the button before i finished the post, was just going to add the sp will move solidly and not retrace as more and more news de-risks Baron Oil.
atb.
Well guys you’ve all given it your best shot by being so positive,but it seems only a big money announcement from TL or a JV will convince the market
MD
Not wrong MD, like when Boil first took a stake in Jan 2020, using Shells figures, all the market still seems to see , is the doubt and uncertainty, that beset the area for decades. World press reporting the changes, now others not just us, talking new exploration, seismic, mapping drilling etc ,etc, as you say still falling on deaf ears.
Our 500-1000mbo/e potential , still priced at a Kids Freddo bar of Chocolate a barrel (poo over $90)
Mr Market will catch on one day🤦♂️🙄
The demon duo , need it to happen and quickly , another report today THEIR PEOPLE ARE STARVING.
https://www.wfp.org/news/timor-leste-facing-high-food-insecurity-latest-report-warns
Just a waiting game now. Happy the we have been given some PR it is time to let the team get on with job.
Busy week for them with further planning.
News that is due are new bod appointments.
New drilling location picked for next well on gas field offshore Timor-Leste
https://www.offshore-energy.biz/new-drilling-location-picked-for-next-well-on-gas-field-offshore-timor-leste/
Bit slow on the copy and paste today Trade, posted that 07:46 this morning 😉😂🤣😂
Placing before 1st July for further support of drilling and strengthen JV terms ..... heard it here first!
38 billion shares in issue before we drill is my guess
Are you back again littlepiece? I thought you were out? Or did you leave your pool cue behind?
Quick one VT…
Why do you change you username?
HFB, Passiton… VT… what’s the point if you’re going to still spout the same stuff.
Everyone knows it’s you… just like everyone knew Adam from Eternia was He-Man… same craic… different clothes.
Wow. There is Negativity and then there is you
Really?
Asking a simple question that most invested are wondering.
Pull your pants up snowflake
JC - im not that sausage from twitter - i was a genuine holder that takes the placings - another one is due.
IF you believe its not ... tell me where the company states we are fully funded and no more raises will be due?
If you’re a placee, WTF are you on here?
you’re just here to stir ****. you know full well the contents of the recent rnss. are you just sad to see yeo go? no more confetti for you 😭
So how much do BOIL currently have in cash........
Tell me how much the drill costs and how much they have in total from Timor Gap etc....then tell me how much the rig costs....drill costs.....crew per day costs.........delays which is likely will be more costs..........running the day to day wages for BOIL costs.............Come on they have no where near enough cash!
More Dilution and you are stupid to think otherwise!!
Example for you and i know they are completely different companies...investors thought Prem would be raking in cash by now so no more funds would be needed and theyve had what ? 4/5 more since?
you are silly to think otherwise guys come on!
he's a deaf dumb and blind moamm of the first order ,he obviously can not read or hear, all he has to do is listen to ab's recent interviews and read the latest rna messages sitting on the rns/other news wires like
ceo interview
dr andy butler, baron's ceo, has given a video interview on the ************* platform which is available at https://www.***************************/baron-oil-ceo-discusses-strategic-vision-and-growth-plans-for-chuditch-gas-project-video/4121149240. in this interview, dr andy butler discusses baron's updated financial strategy, emphasising the goal of securing project-level funding without diluting equity at the plc level.
he's just low life , flat fore headed pollution to the board, caught him on camera
https://media2.giphy.com/media/v1.y2lkptc5mgi3njexmtl3b2t3n3ozoth6am9qa3q0zzfomnrlbdgwddlqznjjnggxbmw1bizlcd12mv9pbnrlcm5hbf9nawzfynlfawqmy3q9zw/rwkmet94u6uxo/giphy.gif
Before the massive knobhead picks on the links not being real, from this RNA Message 27th March
https://www.lse.co.uk/rns/BOIL/update-on-chuditch-psc-operations-and-ir-materials-c142zcnilhrxgwf.html
You're not answering my comments head on - links that dont mention anything about raising and cash and silly memes
Nice buy just come in; someone's confident.
In this interview, Dr Andy Butler discusses baron's updated financial strategy, emphasising the goal of securing project-level funding without diluting equity at the plc level.
16th February RNA
Placing and Subscription and the WRAP Retail Offer have raised gross proceeds of approximately £3.26 million for the Company.
8th February RNA
As part of the Farm-Up arrangements, TIMOR GAP will make a cash payment to SundaGas of c.US$1 million to cover back costs within 30 days.
25th Sept RNA
Available cash (excluding monies held as security for the bank guarantee in Timor-Leste) as at 30 June 2023 was £4,619,000
RNA 30th Nov 2023
Gas Development Options
The Company continues to evaluate all potential options for gas export from the Chuditch field in order to be able to fast
track the concept selection processes anticipated following a successful Chuditch-2 appraisal well. However, no decisions on FUTURE CONCEPT SELECTION can be taken until the Chuditch-2 appraisal drilling results have been
evaluated, and in full
collaboration with TIMOR GAP as joint venture partner in the Chuditch PSC, ANP and the Ministry of Petroleum and Mineral Resources of the Government of Timor-Leste.
So let that collaboration be , hey AB you got the gas, YES, ok can we have it for Metinaro, YES , But only if excess production can be sold on the world market , at the right price,, ahhhhhhhh okay dokey as its you AB We AGREE
If only Carlsberg did .......... 🤔
Cash position circa £6.5m + $1m from back costs from Timor Gap Farm up so circa £7.5m. All in all not less than £6m right now.
The only thing silly around this board the past two days , is the silly putty between your ears Moamm. 🤡