London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
New or knew ?
HI all
I have a feeling Andy sat back a bit
While the two clowns where in charge
He new he was going to move up the board
Mabe not the top job but he is there now
Dont think he will sit on his hands anymore
Hes going to let it go now and tell as many people as poss
He wansts his name in the spotlight
And to bring this home
i think its been hes plan al along
gla
Trade volume increased wed, thurs and again on Fri, could be some pressure arriving tomorrow. With what's to come its no wonder sentiment is high.
I agree Andys in the right frame of mind to take this forward quickly and with the right backers. He seems very astute and comes with contacts and experience. Lets see how it all unfolds this week.
Yep looking forward to it lots of positivity around with this one with more news due this could rise vary quick looking at the volume of trades last week
Confidence seems sky high now ,, next few news drops will see a big rise in SP ,, looking forward to it .
Started: TheHoopedBaron, 15 Jun 2024 18:23
Last post: TheHoopedBaron, Today 11:04
Andy Butler is doing more PR and presentations etc than any member of the Timor establishment.
It wouldnt surprise me if his recent PR efforts are with Timor backing and be a conditional factor in a further farm-up.
He has the ear of industry insiders that no politician can provide. His involvement is worth Billions to Timor and perhaps BOIL will be rewarded with assistance with drill funding.
Lets hope so...
There are plenty non equity options out their, it just depends on Andy’s ability to strike such a deal. Given the potential longevity of the project I’d personally like to see some private debt being issued in the form of a long term bond. These deals are more lucrative for investors offering solid returns on interest. My only concern would be investors may want some form of guarantee of commercial o gas before striking a deal.
Id expect any additional farmup will not cost as big a slice of our 60% as JV with a third party.
This will allow us to command a better deal when eventally seeking a production partner / buyer as the drill results will add value to the asset
I reckon a farm up may be an option they will look at too, as a small struggling nation the economics of the additional investment would reap some serious rewards for them. it is also worth noting the lack of alternatives for them too enter at this time.
all eyes are on this now, its been years in the making and Andy is allover it and the right markets like a bad rash.
My gut feeling has been telling me that an additional farm up is on the cards.
The project is risk free to Timor given Chuditch 1 is proven.
Makes sense to me that Timor funds the drill as either a secondary farm up or with loan funds using Chuditch 1 as collateral.
Its in their best intetests to get this drilled too and without hassle.
GLA
Started: miker444, 15 Jun 2024 14:19
Last post: seav1ew, 15 Jun 2024 17:06
Taffy, read and watch the company's output, make up your own mind.
This is doing well now, almost jumped ship but glad I didn’t now, we expecting this to carry on or….
It's certainly local only a few 1000k's away
Nice one Solstice. I believe it is the Valaris 247.
All the technical data you could want to see there relating to the rig.
Afternoon Miker.
No apology required and no hard feelings.
I was wondering if there was any mention of the Valaris 247 rig being the that we suspected would be lined up for the drill?
It all looks good to go here and I'm wondering if the news of a JV partner may drop at the end of the week, following the AGM.
Odins then I stand corrected and happy to apologise, it just didn't make sense as it quoted the rns but as i say apologies in order.
atb.
Started: miker444, 15 Jun 2024 11:51
Last post: Odins, 15 Jun 2024 14:05
Afternoon Miker.
I was refering to the link to something that Kylie posted the other day.
I don't know what it was, because I couldn't download it
Nothing new in the presentations doesn’t mean an RNS on a jv can’t land at any point. That in my opinion isn’t going to change what’s presented only that the financing is good to go. Timor gap may decide to farm up further?
Morning JC.
As per the latest RNS:
"No new information will be presented at these events."
Started: demolition123, 15 Jun 2024 09:15
Last post: PAS14, 15 Jun 2024 13:12
ATrades
Posted in: BOIL
Posts: 2,467
Price: 0.10
No Opinion
RE: MCap14 Jun 2024 13:50
Relentless buying again. Next leg up coming , strong finish coming
ATrades, good luck with your strategy. You might get lucky and be able to get in at 0.5 !
Agree Demolition123...I've only been playing around with shares for a few years but I've seen horror stories where people have lost 50 or 60K on one share (cineworld being one)....others such as hemogenyx where admittedly the rewards are potentially huge, people sitting with hundreds of thousands invested but faced with an absolute total news blackout from the company. For your own sanity don't invest what you can't afford to loose be it house deposit or a maxed out credit card.
Funny how quickly people change their narrative after selling!
Right now all that rampy one liners are done , I do think there will be another raise , look into Februarys raise, it will be at a significant discount so staying out now to let it happen and then will fill my boots 0.050 looks like a good number from current position, they don’t care about share holders, play this game wisely and eliminate as much risk as possible. Anyone saying it’s not a possibility is chatting tosh.
Gordon totally agree, the post was regarding that was Odins reply at 08 50 on June 11th which he quoted a sentence from the rns which he has not read.
Lots to come and I expect 'new news' to come not long after AGM and name change to Sunda Energy.
atb.
Started: Sharealot, 15 Jun 2024 10:21
Last post: Odins, 15 Jun 2024 11:45
Morning Gordon.
I tried to download the document and for some reason it wouldn't let me.
Can anyone tell me the highlights please?
Lots to come! I suggest people read the recent RNS along side the pdf Kylie sent round Thursday evening! It’s all systems go and although there may be nothing new sentiment and anticipation are only rising!!
Lots happening over the next couple of weeks including multiple industry conferences, Proactive interview next week, AGM and name change. Personally expecting a positive announcement once name changed to Sunda energy!
Well there's nothing to share newswise with BOIL that we don't already know Sharealot.. I was trying to make the point that AIM stocks and microcaps are a risky place and don't go mad.
I am afraid boards are no longer used for sharing info, but to try and sway the price for people own gains!
Started: Eddie563_1, 15 Jun 2024 03:48
Last post: Meadow1948, 15 Jun 2024 11:16
Saying that there are some good poster on this board and anyone should be able to spot them!
Eddie it's laughable I've been called out by a pathetic liar Christoffmcd last night.This is the same person I caught lying on the 4th June and proved it 100%, if anyone is interested they can check the posts. It's people like this that new people to the board should be wary of along with mostly the rampers and to a lesser extent derampers that are posting every minute.New people to Baron just do a bit of research and make your own mind up
Eddie, it was over on the He1 bb too also yesterday, complete buffoon
Search the threads and click on their name to view their history. Not found! Oh but wait? To the moon! Etc etc etc
Then there are frequent members of this board that call out Meadow and I for slamming the dubious crew. Yes some are still here however they are not known and should be as case n point.
Started: NettlesTheCat, 14 Jun 2024 12:41
Last post: PottyTime, 14 Jun 2024 21:20
Sold my laggard VANQ buy more here. If good timing is on your side, then selling one share at the bottom and deftly hopping across to another share heading out of its lows can work wonders.
A few glasses of Asti Spumante and Ben and Jerry ice cream for a grand week here. Have a very pleasant weekend all.
Can't wait
Great info ifiknewidberich9.
I’ve been far too focused on my other shares but recent data has obviously got me enthused with BOIL again, to say the least.
I’ll do some catch up work and hopefully contribute a little more here. 👍
Seems like a decent forum,
What’s the likelihood of Andy striking some form of private debt in the form of bonds? Long term to maturity would be favourable, perhaps staged drawdowns to keep repayments lower pre production?
Think we are safe, Andy has plans to make Sunda a major regional gas company, with new assets and organic growth, he can best do that with a steady stream of revenues or a decent royalty on Chuditch production. If he can pull off the non equity asset level funding and retain a decent slice of Chuditch into production, happy days, then Chuditch just becomes the first in a line of such assets.
Started: Christoffmcd, 14 Jun 2024 20:59
Last post: Christoffmcd, 14 Jun 2024 20:59
Good to see aledgedly LTH,s ,trading on Spreadex ,selling out mid morning , forthere 10% now can’t get back in under .11 ,let’s hope it flies first thing Monday ,whey know who they are , bloody Judas
Started: demolition123, 14 Jun 2024 16:00
Last post: Gordonbennett1, 14 Jun 2024 17:35
I don't care what anyone says that was another good day in the lead up to expected news flow, which will be rich in coming days/weeks. Have a great weekend all and watch out for news flow on TL.
1640 UT close 0.102p, volume 1907m trades 1075 says it all, Monday and next week a blockbuster. IAWT.
It seems the team had moved to superdry
RNS Monday 7am 🙏
😂
Filthy-Agreed
Andy has got us back to 0.1p. Something to celebrate. Only a staging post but I like what I’m hearing and very excited about the weeks and months ahead. We have a great project and an excellent team.
RNS Monday morning hopefully
Started: Corporatejoke, 14 Jun 2024 16:32
Last post: Corporatejoke, 14 Jun 2024 16:32
Hopefully no sale under 10p per share AB needs to hold out for this cause we all know we’re heading for production 😎
Started: JAllis, 14 Jun 2024 15:03
Last post: ifiknewidberich9, 14 Jun 2024 16:01
JV partner funding drill for a large slice of our 60%
Sector investor finance house , for the same
Bank loan like his previous Singapore loan
All non dilutive non equity plays.
Circle the wagons, even the Indians want to get some Timor , oil and gas
https://en.tatoli.tl/2024/06/06/shm-shipcare-expresses-interest-to-invest-in-several-areas-in-timor/18/
what's that now , China , Japan , Korea , Australia , Kuwait , Qatar , Brunei , Indonesia and India , all offering or wanting investment in Timor Oil and Gas, Andy said some very interesting offers being made, with that motley crew, you think he will not get the NON EQUITY funding he is looking for.
No raise needed. Only at asset level 😁
So Jallis thinks there could be a capital raise?
What do the rest think?
IT is a possibility, isn't it?
If raise, then at what price? 25% discount to this rise, i.e 0.7 or thereabouts?
Andy and Sunda will give it some large , making us all happy, deal , fully funded , retain some equity/royalty production, revenues fund his new assets empire build, acorn into an oak the Andy plan here.
Started: Giovs, 14 Jun 2024 13:52
Last post: Gordonbennett1, 14 Jun 2024 15:25
HE1 traders will move in here in anticipation of big news over the weekend. Suspect we will see some news on events
Should be Gordon, starting today local developments, next Monday-Tuesday the London events and the AGM to change to Sunda Energy, Andy and Sunda will bring the market thunder.
Holding well any dip is scooped up straight away. Wouldn’t want to be our this over the weekend with a live conference going on!
And you Gordon is nowhere to seen on your previous pumps when they fall back.
Funny how the knobs only comment when the price suits them. No where to be seen when it’s perky
Started: Giovs, 14 Jun 2024 15:05
Last post: Giovs, 14 Jun 2024 15:05
Great pm so far , not :(
Started: Giovs, 14 Jun 2024 14:59
Last post: ifiknewidberich9, 14 Jun 2024 15:02
Andy said in one of his reports , looking to firm up the deal/s in Q2 , gives him two more weeks to meet his own deadline, next week or the one after, he is expecting , just like we are.
Next week it is then
Started: GordomRamsMe, 14 Jun 2024 14:48
Last post: GordomRamsMe, 14 Jun 2024 14:48
SDRY brother. Look at the AGM notes!!
20X possible here now that they have a rescue plan and are NOT going into administration.
Started: ifiknewidberich9, 14 Jun 2024 11:18
Last post: Sharequests, 14 Jun 2024 13:37
People should realise there is highly unlikely to be a red dot Monday. The agm will give the opportunity for a name change. Once the name is no longer associated with oil, certain companies will be more open to them announcing a partnership with Sunda Energy. Let the 10-20% daily rises continue until the name change, then watch an announcement of a JV type deal.
150m gas pay zone appraisal well step out from confirmed Shell discovery.
We're moving forward with fast-track development type of thinking.'
The work that we've done has demonstrated that in our mid-case, the resource for the discovery is about 1.2 trillion cubic feet of gas. So that's more than a 50 per cent increase in the resources that we thought were present.'
Last time we weren’t anywhere near sticking a drill in the ground, we are on the cusp now! .2 will be blown to piecesa in my opinion
Started: go_ly_dow, 14 Jun 2024 13:35
Last post: go_ly_dow, 14 Jun 2024 13:35
GLA
Started: Saber_, 14 Jun 2024 12:22
Last post: MePension, 14 Jun 2024 12:38
At the moment ball park figures.
25b shares
@ 0.1p is a Mcap of £25M
@ 1p is a Mcap of £250M
@ 10p is a Mcap of £2.5B
@ £1 is a Mcap of £25B
Only with a share consolidation, currently 25.51 Billion shares, that's £25.51b market for £1, maybe 5-10p if drill boosts the gas volumes in place, way beyond current known levels.
Assuming everything goes well could boils share price be £1 in the next few years?
Started: solstace, 14 Jun 2024 11:19
Last post: ifiknewidberich9, 14 Jun 2024 11:35
That they do , brassic lint , in just a few years, unless they get some new revenues, resolved or not Sunrise when all built is still years away , Chuditch can fill that gap until it is, shown by the sudden urgency and increase in their own stake in Chuditch from a free carry 25% to a paying their way 40%. Follow the money.
Yup its all happening not only next week but now! TL Gas conference kicked off today and BOIL are centre stage offering one of the biggest producing wells for years to come. TL Need this just as much if not more than BOIL.
Andy will reveals somethings before the AGM , todays Timor meeting, next weeks Seapex/GESBG events plus the additional two side BAR drinks events sponsored by ENVOI and Boil , farm out forum etc, then AGM and name change, then
Sunda with give it some thunder ,, thunder ,, thunder Chud ho
https://asiapacific.ges-gb.org.uk/promotions-and-farm-out-forum/
https://asiapacific.ges-gb.org.uk/networking/
Monday 17 June | 18.00 – 20.00
Ice-breaker Reception | The Pilgrim Pub (247 Kennington Lane, LONDON SE11 5QU)
Tuesday 18 June | 18:00 – 20.00
Evening Networking Reception | The Kia Oval Join us for the main social event at Asia Pacific 2024 where you will have the opportunity to network with your colleagues and friends over a glass of wine in the Corinthian Roof Terrace Bar.
Presentations/conferences and AGM
SEAPEX / GESGB Asia Pacific Technical Conference
A presentation prepared by the technical team of Baron's subsidiary SundaGas Banda Unipessoal Lda will feature at the 'Asia Pacific 2024' geoscience technical conference on 18-19 June 2024 in London, which is co-organised by the SE Asia Petroleum Exploration Society (SEAPEX) and the Geoscience Energy Society of Great Britain (GESGB). This presentation, which will cover the geological and commercial setting of the Timor Sea region, will be available to view on the Company's website www.baronoilplc.com from 18 June 2024.
Proactive One2One Investor Forum
Baron will be presenting at the Proactive One2One Investor Forum in London on 19 June 2024. This event is targeted at private and institutional investors and the Company's participation will include a presentation followed by a Q&A session and informal networking. Details of the event can be found at https://www.proactiveinvestors.co.uk/register/event_details/445#. As well as physical attendance, investors will have the opportunity to see the event via a video recording which will subsequently be made available on the Company's website.
Annual General Meeting ("AGM")
As previously announced, the Company will hold its AGM on 21 June 2024 at 11 a.m. BST on 21 June 2024 at Riverbank House, 2 Swan Lane, London, EC4R 3TT. Shareholders are requested to bring photo ID in order to be able to enter Riverbank House.
All Baron shareholders are welcome to attend in person but are also encouraged to vote on the AGM resolutions in advance by proxy. As well as the formal business of the AGM, the meeting will include a presentation and an opportunity for shareholders to ask questions of the Company's directors. Full details of the AGM and resolutions can be found in the AGM Notice which is available at: https://baronoilplc.com/investors/documents-circulars/.
Started: Giovs, 14 Jun 2024 11:07
Last post: Singlehandidly, 14 Jun 2024 11:19
LOL rampers, pumpers, shysters, derampers all appear during these grand times.
I see it as the price of success. Bin the lot of them and enjoy the footy or something instead folks.
Ahhhhhhh
Just joined you in here Gordon, why not nice wee profit from clon the other day see how this pans out, i know whos making money here, and thats the MM on their spread GLA
Giovs you are not wrong, bid ticking up nicely again!
Shame this will be 100s % next few trading days
Started: Giovs, 14 Jun 2024 10:46
Last post: ifiknewidberich9, 14 Jun 2024 11:11
Read it again clueless airhead , you just agreed your posting is worthless
Interesting , your view of Dealer , with your 58 posts of nothing, zero links , just runaway guesswork.
Happy for those that took profits today but this is just the start of something special IMO. Cash has been raised to fund us to JV which will make this a legendary AIM share with the multi-bags it will see.
The fake BS ramping on boil today has been sick.
No chance of .15 today. We have seen the day's high and profits are being booked. Next week is another matter....