The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Honestly though. How are we still at 5-6m market cap with the assets at hand being worth more than PREM and we have coming revenue from the grid with gas peakers and later down the line Burwell batteries. PREM has a couple of dudes with a spade, a hammer and bucket (seriously check their twitter) and its worth over 10x Corcel.
Hard to see a reason not to buy at this level. Just jumped in here.
Yeah this isn't on MM's lol. There isn't the volume for anything else.
Still holding and actually bought more today because it's the right sector at the right time and very cheap.
Only sensible option is to short Jadestone.
Also, still holding. This isn't ADVs fault.
Not even a little bit concerned here. Management have been direct so far so I've got no reason to lose trust at this stage. With that in mind they've said no raises before B10 and they've confirmed B10 is on schedule albeit towards the back end of expected timeframes (from late oct now to early Nov). Spud to take 1 month and results possible end of year.
The interview was fully positive confirming B10 is on track, reconfirming their holdings and releasing slightly more details on new projects which we NEED going forward. He even said that they will try to do the majority of the funding via debt.
Don't understand the FUD. Maybe if they prove at a later date to be wrong but at this time, I've seen nothing but right moves and positive news.... honestly people happy to pump **** like HE0.1 to nearly 200m mcap on 30% CoS not too long ago lol. This is 86%.
So truth be told I did sell BOIL on the huge ramp earlier in the year after getting in at 0.059p but I've bought back in this last week. There's some volatility again and that was a half decent RNS dropped today. It feels a lot more comfortable now that the North Sea site is back on the cards (maybe) where before it felt like a dead asset. With multiple projects each able to multi bag it seems smart to have at least some money in here. Still playing with 7 digit market caps!
Experienced BoD that are invested in the company quite heavily themselves.
Chance of success is incredibly high.
On success, their real earnings will be multiple times higher than their entire market cap at present.
BoD said they would likely have another couple of deals by end of year.
Already got their partner in Carnarvon.
Nice time to top up. Let's go.
So much negative press and Uskmouth has decent odds of being the bad outcome despite logic and reason. I may be wrong but I think there will be an even lower entry than this soon. If you're long, as in years, then it's probably a good buy but for short term market I don't see a recovery in the coming weeks/few months.
Honestly surprised to see it at this level. Would fully expect it to be holding above 0.1. I think we may be suffering a case of AIM impatience again.
Need that rig. Any idea when it'll be hired? I think people might finally wake up to the insane potential and also relative safety of this project when they do. Really can't believe how quiet it is.
Just keep holding just keep holding.
Only a few months now. Dont wanna miss out on the early stages of this one.
Got a good support around this price which is very good. Up a lot of the other week so to find support here and not just dump is promising. I do think it can edge towards 0.2 slowly but to go higher it needs some news and for short term without it we will keep treading water in the 0.1 to 0.12 range. Same as usual. Great asset, great region, great time. Just gotta have patience.
Just watched that presentation and yeah... the expected viability of Buffalo as low at $30 per barrel during rising oil prices, high odds of success, huge returns in short time span, experienced board who have actual significant holdings in the company unlike most AIM companies, good operator do exploit the resource after ADV do their thing.... all that and expecting to get 2 more deals in 2021 too.
Normally oil and gas small caps seem risky but I've never felt so comfortable putting my money into something like this and the best bit is that the hype crowd has not yet arrived.
Something to consider is just how important oil and gas is to timor leste. Their exposure to the industry is basically the overwhelming majority of their economy. I'd love to see BOIL bought out by Shell or someone else, although Shells debt sheet isn't looking pretty at present.
This isn't an overnight stock, but I dont think in investing terms it'll be long before a nice payday.
As far as I can tell, this is basically the low risk high risk low mcap share in the sector. The odds of success are huge. Its surely a matter of time before people recognise it. Only thing holding it back is exposure.
Still thinking it is a good buy, only reservation is theres still more warrants at this price bracket. Could be worth a day trade? Depends if you want to risk it. On no news I think this is a great sell to buy back at 2p or under. On news, you miss the train.
This kind of dip and overreaction is perfect opportunity for people who didn't previously hold. I'm in as of today, this price is hard to resist. Fully expect a slow trend back up to somewhere in the middle of now price and before price.
If youre playing a stock like this for 10% youre a day trader. Games up.
I see a small rocket near term, without news a fairer SP would be closer to the 0.2p Mark. Even that is Conservative with many oil and gas explorers trending towards 10-20% of asset value as the mcap before exploitation, which would put us more like 3-6p but IMO that would be off a short term JV or closer to chuditch drills.
Predicting less than 1% of asset value, with near term positive news doesnt seem radical. Id say ignore the 10p crew because that's fantasy. This has short term catalysts worth double or more and long term if you have the balls this, providing good results, is gonna sit in integer pennies in years to come.