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I'm pretty sure that HE1 will wait now and get the Exalo rig as soon as Invictus are finished with it and let it go. This is the rig that HE1 wanted in the first place and they might just as well wait for it and get an agreement that as soon as Invictus let it go it is off to Tanzania.

AJMHO

MM's are hiding a lot of the buys. 2p easily - maybe more!
1.38p to buy; 1.22p to sell.

It's hard to believe that with 9 working days still left in January and no promise of an early date in February that the share price will not drop further than so far today. And why top-up at a higher price than necessary?

Me too!

'Baron continues to work intensively with ERCE on the subsurface technical understanding which lies behind the resource calculations and the Company expects the ERCE CPR to be completed during February 2023.'

That doesn't sound like early February to me. And completion date isn't necessarily the release date either.

'Hard to believe some folk are now selling at the placing price, Not many in profit here unless you got in last year at 0.7. I'm holding and looking to add'

That's a lot of TOSH. For 3 years - 2020-2022 inclusive - the share price was between 0.05p and 0.10p. In fact, only the punters who have bought into BOIL since late September/October of last year (2022) have ever paid more than 0.10p for this share.

I believe that most of the LTH's here are holding shares bought far nearer 0.05p than the current SP.

Looking positive here now.

The CPR is due to be completed, and hopefully released, during February. I was given the info just 2 days ago on this board that the belief was that this was due in January. And Dunrobin news, which was due in January, will also now be in February. But it is still looking positive.

Is that gas they are flaring? - or can and are they flaring oil? If it is gas what are they going to do with it - apart from flaring it, which may or may not be allowed in big quantities?

'News on both assets due next month' that's the fast part of the proceedings as news of the results of the 'application in the UK offshore 33rd Round of licensing' won't be until the end of the third quarter 2023.

'The influx was caused by the well intersecting an apparent major natural fracture network in the reservoir, and the resultant flowing hydrocarbons are currently being diverted safely at surface through the drilling rig flare stack whereby they are subsequently flared.'

If the flowing hydrocarbons are being flared surely this means that this is gas. They cannot flare oil can they? I thought the danger in this basin was too much unusable gas in the wells?

Disagree - 'Full assay results have been received for all nine holes completed at its Shinganda drilling programme. Copper assay results for the first four holes were previously reported (RNS dated 20 July 2022) and are reported here again for completeness.'

This was drilled last May.

This looks good but this hole and the assays were previously released on 22cnd July 2022 - · 'Assay results include 50.3m @ 1.53% Cu from 21m downhole depth in SHDD002, with a sub-interval of 7m @ 4.36% Cu, including 2.0m @ 11.31% Cu. Gold assays are awaited'.

So basically it has taken 6 months to add the gold assays - 50.3m @ 0.30g/t.

Thanks, RiseAboveTheRest that's great.

It is important to get it released as soon as possible as it will give the required credibility to the farm-out process.

Hi, just a quick question please. Am I correct in thinking that a CPR is in progress for the Chuditch-1 discovery? and if so do we have a proposed release date - ie. this month, next month, in Q1 2023, etc.

I have looked through all of the recent RNS's since the CPR was mentioned but I cannot find any dates so I am wondering whether a proposed date might have been given out in any of the presentations or podcasts.

Cheers in advance.

We could have done with a podcast from the ever-busy Mr Sanderson - (maybe he didn't want to take the risk of having to answer any questions relating to his mismanagement of Horse Hill).

In the absence of a podcast let's hope that instead we get an update soon giving details of how much oil they are hoping to find and all the details of the pad, rig and planned spud dates.

Come on Mr Sanderson, it is time for a podcast or presentation to give shareholders all the required info regarding this forthcoming drill. All is forgiven for your poor management over the last couple of years. Now is the time for a fresh start so please get talking and let us what the targets are and all the details of the pad, rig and planned spud dates. Please.

Total lack of trades here. I think that punters are maybe awaiting clarification of the proposed drill.

Maybe a podcast would be a good idea to give some clarification on timescales, what is required pre-drill, targets, etc. though I fear that a podcast might be a bit beyond the skill set of Mr Sanderson as yet. Still we can only hope that one of the many podcasters might manage to track him down and get him to talk.

Or is that 0.1p - rather than 1p. It's a while since I have held any shares here and as I posted earlier I was one '0' out with my sums when I bought earlier.

As soon as the idiotic sellers and posters disappear off then I expect that the share price here will rise quite nicely. This is a long overdue but positive move forwards. 1p and even 2p looks to be quite possible.

With the CEO being Chilean it sounds as if this might get up and running quickly and on time. Other AIM-listed companies such as Bacanora and Kodal have proven up their Lithium resource assets and then got completely stuck with year after year passing and no or little progress. Neither of these is anywhere near getting into production.

The current price of lithium very much reflects the general lack of vindication in companies getting their assets into production and it doesn't look like the high lithium prices are going to go away in the near future with demand constantly outstripping supply.

Sorry, that doesn't work either. Evolution10 is obviously ahead of me here.