Member Info for BigBear2

Be wise to get in soon IMHO, I have likewise been having a watching brief here and have taken the plunge, it's going to be one of those stocks that really shifts on anything vaguely positive, just been having a read again of the dub surface upgrade and firming up of near field targets to Darwin and therefore would have a high cos. 1.5 billion barrels, no wonder the bod won't let the majors in cheap. Even some of my other dogs dinners turn around I will add here if still sub 2p but doubt I will get the chance

The million dollar question is do we need sea lion sanctioned before BOR can get a decent farm in. BOR would lead you to believe the answer to that is no, as Darwin is a stand alone commercial discovery.

It is those doubts that is allowing unbelievable leverage on these levels. You refer to the calamitous drop to 10p, that's a 6 bagger from these levels...and very achievable. I think what needs to happen is they agree to farm out more than they had planned for a free carry appraisal on Darwin...say keep 25%, get a free carry, then look to drill Sullivan when the SP recovers.

Complete t(ssers these MMs, folks buying @ 1.75, show is as a red with silly advertised spread.. Do you self a favour lads tick the bid ask up to over 2p and you'll get an avalanche of buys

Just started on that media, reckon I will have a say on BOR today. Bid/ask rising again..1.63 to sell, 1.83 to buy, bit of volume and we will clear 2p

I've been doing just that, as I said this is a $500 mill market cap company once the assets are deemed viable again

Early days yet... I have lost count of the mumber of excellent entry points I have had and sold out due to boredom, only in the coming days/weeks(or most annnoyingly the day after selling) missed out on massive rises.... We'd all love the gift of perfect timing...but ask yourself this... Is the market cap of BOR even vaguely sensible ?? You may end up holding longer than planned but your odds of a least a bagger and maybe many times higher are very good here. From these levels its a stonking buy, albeit one thay may require a little patience. 7 days or so till next management udaate...

Yup every dollar on Brent makes BOR's Darwin more commercially attractive...

taking shares at premium to bid in quantity - they want them!

Very well put. I am aware its tumbleweed right now but that only serves to exaggerate the absurdity of the SP. Like most I have took some very heavy hits on the market in the O & G downturn, but from where I am standing BOR offers the chance to turn around those losses in a relatively stress free manner from these levels. You rightly point out that sea lion being sanctioned will have a massive effect here. For a bit of fun probably worth considering the effect of potential price catalysts here:- • Farm in for Darwin appraisal well (assuming free carried, retaining 35% interest) – Minimum 10p rerate • Sea Lion Sactioning ?? • Darwin Financing post successful appraisal ??

Not quite sure why you would regret it, here's hoping for another steady 5-10% today

Could well be, but quite simply sub 2p it's insane value. I missed the last bounce off 1.5 and no way was I going to pass it up again. A week till next formal update from mgt and who knows they may surprise us with something. Any news that gets them drilling again will see one of the biggest rerates in aim history.

From Fri

Nice work, this has every chance of breaching 10p for some reason the mkt have written off Bor. This should settle in the 2.5-3p range leading up to next results. GL all..,

I am aware that most buying are probably just here for the trade but it's worth re-stating BOR have A LOT of gas(3.5 TCF) and super light oil (condensate) 'Management's current un-risked P50 Best Estimate resource is 3.5 tcf of wet gas in place with 360 million barrels of recoverable condensate.'

Due in the next week or so. Any sniff of a farm in and this will instantly multi-bag.... The market is essentially pricing nothing in for a 3.5 TCF gas discovery....

As per last time this moved they will take it up in lumps the mkt cap is ridiculous and they are just riinsing out a few who were bored with the drop I ain't giving these away cheap I remember when they were 1 quid plus!

around sub 2p...

1.94 on the ask...

Yup a tickle of volume and we are back in the 2s