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Lets hope it all falls in place-Hannam and Partners "expect" to see the farm out concluded within 2025, so theoretically 4 months more of waiting............ then the show really is on the road.......

They want it under support (under 10p) but nobody is selling.............. when will these doughnuts who are probably eating doughnuts realise??

Personally LTT i have every confidence Navitas will achieve FID and before everyone thinks (i think October)

Nice to hear from the top that new institutions are buying here, which probably explains the volatility here up and down since last week. 12.25p Friday-10p Wednesday, nothing changed! FID and Farmout news soon then whooooosh............

Always smelly when MM'S push the price down to sell, it's normally the other way around-pump and sell. Interesting, lets see what they are up to.

MM'S want this down, I went on level 2 and shook it up to 10.70 this morning for a little play but they want it down. I can only presume to flush out the weak, heavy buying last week in the 11's and early 12's hasn't convinced me otherwise. We shall see.

Theres nothing happening down here, MM's need to raise this back up to aquire stock.

Farm in news SOON

FID SOON

OC, no envy from me mate, that's for sure! Tongue in cheek comments, you shouldn't take things so personally with a post boast......

Second post from me, it's a monster and a rerate is on the cards. I see some crazy share price predictions here but you need to remember how many shares we have in circulation, consolidation is needed in the future- around 4 old shares for 1 new . First target for me -3p.

OC- Should have waited till Friday and sold at 12p, you could have congratulated yourself some more........ maybe a meal out for 1 or a trip to the pictures for 1......... or even a romantic night out for 1..........

They're doing a good job kicking it down today, take out the reducing bid and drop the ask with it then do the reverse on the way back up........

Hi Phil- I would tend to ignore external noise from "poster experts" LOL. The plan is fully researched, costed and off the shelf, in addition to being backed up by many experts and external agencies. Just more toy spanners being thrown at us! Onwards and upwards.

AIM market is often about sentiment rather than common sense, my view is that we are still en route to a reasonably sensible place in regard to our risked NAV and we also have I hope RKH FID and our own farmout. If we have FID I suspect a 25-30p price region and 40-50p on a good farmout and drilling schedule, but who know when AIM investors get going and sentiment and excitement has returned, the sky's the limit.

Thanks Blinker, good video-frank and honest. I think Borders has a long long way to go in our recovery with our current trajectory heading nearer to our true pre farmout risked NAV of 23p, so for me by 15p is crossed out and replaced with 20p as my next target given the current sentiment. We then have FID and of course Farm Out with the latter re rating the stock, sticky hands and sentiment will drive this higher and higher. There isn't a great deal of free float here and viewing the last 5 minutes on level 2 Friday told me everything I needed to know- stock is needed!

Interesting about our break even prices at 40 usd, using some maths and AI it actually decreases to around 28-31 usd with a payback of 5 years using Obee's determined OPEX costs when he was here. Makes it even more attractive, not sure why the board keep on focusing with 12-24 months payback with a 40 usd breakeven when I think the 5 year payback at 30 usd sounds even better and more feasible given the unstable oil market prices.

Very chaotic on level 2 near close, very which just underlines my opinion that some sort of news is on the way soon. MM'S don't normally react like that, some clearly trying to acquire stock and others trying to get the price back down below 12 with the latter achieving this.

Stubborn little iceberg that keeps on refilling at 12p before the gates open.......... 15 mins left to melt it.

Happy . You need to get your facts right !! " Bor would need 300m to 350m USD to drill just 2 appraisal wells" -Fact its going to cost 300 million (without contingency) USD to drill all 3 wells to cover appraisal, 2 producers and a gas injector well (appraisal will be used as a producer) " any production of condensate would be complex and probably require some gas flaring"- There's NO flaring dummy and its off the shelf tech. Bye for now xxxx

Ready for the next move up soon, bidder will buy a load at 10.7

Hi Phil, I didn't reply to his last message (he's on filter here but I do see them on mobile) He mentions that he has never hear "competitive tension" in commercial negotiations before. However Harry clearly mentions it time after time after time, in pod casts, interviews and so on- it's his most spoken phrase in regard to farm out discussions! Anyway back to business-11's and 12's with us shortly....... book looks nice and strong this morning