Member Info for gus0

Mogger

I share with the invested doughnut-not the uninvested.

Borders stock price will rise exponentially as RKH gets nearer to FID. The stock is currently illiquid with low order book depths, few trades and the spread very high. " Sticky hands" and insiders owning nearly 60% of the stock will only make new buyers pay more as the days go by.

False icerbergs being placed on the ASK are trying to give the impression of adequate stock availability when the opposite is actually the truth, institutional buying is also noted mid 6's but it's very difficult to create a relatively decent holding without significantly moving the price North.

Lack of free stock will drive the price higher and higher as we go down the last road to farm out

Exciting days here.

Borders farmout.....

"There are already companies that are ready to make a bid and others that are close to this"

" We anticipate a farm out deal being concluded by year end 2025"

Borders is so undervalued it's insane!! Research notes-

RKH 2C Share is 255 is 255mmbbl.

BOR is 317 mmbbl (including Darwin West which is now regarded as the same low risk as an appraisal well (81%)

RKH Market cap is now 7x more than Borders and Southern

Borders has 8.4 billion barrels of unrisked resource

Broker anticipates a farm out deal being concluded by year end .

Risked valuation now 25p+ and unrisked £1.60+

It doesn't matter, this stock is only going one way and that's up. No new exploration licences being given, 2 discoveries and we have one of them (the better one ironically when it comes to asset quality)

This has got to get going soon-RKH at year high's . News everywhere can't be too far away.

Could be finally done with the 6's?........ fingers crossed, level 2 looks strong for a change.

That pesky little UT trade again at close to wipe off millions here. Amazing what £2.65 can do in a stagnant stock like BOR- closes the price 10% down!!!

Needs a rocket put under its ar*e, insane market cap

Strange action here or lack of i should add, iceberg placed every day just below the named brokers to stop progress. Looks like fishing is continuing mid 6's until they decide otherwise, noticeable all the larger trades were conducted at 6.5-6.65p last week. Lets hope this graveyard stock resurrects soon, the lack of liquidity is shocking and a progress report from the board would be nice Harry?

Risked NAV is 23p which is where this stock should be now and not 6p, unrisked is well over a £1

If it was red every day but never went down in value, would it also be a joke share?

Personally i would take the funds out of a very toppy RKH and stick them in here waiting for the rise.... pre fid RKH at 62p is a very inflated price.

I think it's ready to go again here soon, curious really why we aren't tracking RKH on at least a reasonably discounted level. No new drilling in the FI unless you have the golden ticket, we are one of 2 with a firm discovery and entry to Charlie's Chocolate Factory. Bit of a no brainer really parking here with some cash but then again the market can be very very slow to follow, to the point-almost backward.

Hi Phil. All bull from your fellow posters on the other side. FI are not issuing any NEW licences for oil exploration at present but honouring all EXISTING licences. Licence renewals apply to RKH as well as BOR end of 2026 and historically the government have been supportive of all for licence extensions if the need arises. Presumably the weaker party would be the old Argos licence area where they are still in exploration stages rather than the discoveries, HB has communicated to me that the FI government have been and are hugely supportive of BOR to date. Suspension of new licences actually strengthens our hand considerably, if somebody wants a part of the FI oil bonanza then they have to either- A- Farm into Sea Lion and be at least one of 3, farm into Borders and be one of 2 and operator or go exploring with JHL Associates.

There you go, its very easy to mess around with the spread here like the MM'S always do. Lets wait for the real rise soon.

I think i will bring it back down with a 20p investment

The cheap UT or A trade keeps this "where" they want it, when it's finished- we will move on up. Won't be long.

Bid seems to be heating up but quite patient, selling has totally dried up but then again not too many buyers either apart from the late trades posted. The control freaks have made a point of closing this below 7 by hook or by crook but have now chosen to close above 7, I expect to see some action in the 7's which is the next gear here out of many starting tomorrow. Bloody slow here tho...... but steady at least.

Yep it's defo him, he can't help himself! Quite sad really, filtered.

Well as usual games played here that make no sense, no rush for me.