Member Info for gus0

Malaysia- still long and strong.Will be back when we clear the 7's, until then nothing to discuss.

Just popping in and had a look for you-level 2 looks very bad/ sorry. GL

Defensive cash raise is now out of the way, Borders can look predators in the eye knowing that all costs are covered until the end of 2026. Rigs available-Namibia coming off hire through 2025, RKH FID due any day and massive interest in Bor. I won't be posting as much now as we are on this final road, but will pop my head in from time to time, the news will be coming from the RNS button which I expect to see red on numerous occasions. Plus I really haven't got the time to go back and forth keyboard warrior style with certain neanderthals, who lack the ability to communicate modern English correctly and certainly haven't the wisdom to engage our board on behalf of all. I will pop my head in after we get through 7p resistance- onwards and upwards to all the long term holders and the real new holders, not the 10p tomorrow prats.

Bit of a pointless post then Brightspot? Anyway thanks for your guidance on the matter, one appraisal well is needed which will also be used as a producer. Due to the asset liquidity it's scheduled to be a no brainer and the appraisal is a box ticker. It will be a minimum of 3 wells drilled and you may well be right on the 70/30 split with a free carry on the drilling..... Exon has just exited and ceased all operations in Argentina.........

A couple of positives- no more cash needed until end of 2026. They raised 2026 expenses at nearly 5p rather than under 2p if they raised the normal 2 years worth of cash a couple months back and it was a small dilution due to this. Market obviously knew hence the drop from late 6's to late 4's, worth noting Harry's comment of getting the right deal rather than the first deal.

I'm expecting the run to continue here imminently with a new 5p bottom and a smash through 7p resistance. RKH on the road to 50p......

I think Bor will be back on the right line going up soon. It's a huge opportunity for many to take a very very cheap stake in the new Falklands oil frontier, multi billion dollar discovery ready to be pumped. Opportunities such as this do not come along very often-if ever.

Exactly LTT- well put.

Here it goes....... bear trap? I wonder

It's quite strange that we are not following RKH trajectory, albeit at a lower level. I still think the squeeze down is false and we will higher highs soon. Shall see, but right now there seems to be little to no interest buying or selling- weird given what's coming.

It's going backwards for sure due to no volume and I mean ZERO volume. I don't care to be honest, who sells their stock in a multi billion pound oil field next door to one that's getting developed at a price that is 99.99999% undervalued. Only the crazy!!

As I do now!

Are we dipping to 4's? Is the Bor curse back? Possibly for traders, but for me I have never been so confident with this stock.

Board are very confident they can pump 30,000 barrels per day from 2 producers, it's huge which is why we are so attractive. Few wells needed unlike RKH that need a lot due to having a different asset. Our Capex is much more affordable and opex superb.

Tincan, we dont have LNG but Condensate (totally different) and a bit of LPG. Condensate is the valuable part thankfully and similar to a light oil, sells around Brent price. Its a kind of hybrid, very light oil and the Alba Field has the same API has ours. Dopey Trump can't get rid of his LNG and has just serious p@ssed off the bigger buyer of it-China.

I don't think the price is getting walked down, market makers are seeking stock at the cheapest possible price taking us to low 5's from high 6's. There was a bit of a sell off late 6's which suggests initial resistance is 7p here, common sense should prevail though- the gap between RKH and Bor is too great and it needs narrowing, post FID that gap of course will get bigger. BOR are definitely on the shopping list for either takeover or partnering. Harry said that rigs were targeted that's coming off hire in 2025 in Namibia, rig sharing conversations with NAVITAS has been going on for months (since H joined). Bruce is fine tuning the target zones on the acreage if drilling is more than Darwin East. I suppose the question I never gave them during our conversations was- yes all good and well about chats with Nav, rig sharing, rigs identified, zone targets being fine tuned but who's paying for it? Seemed almost a little back to front by doing all this without the cash to actually action it, perhaps something is imminent- who knows!

Mira rig will fit the bill for BOTH basins and is in Namibia. When I had my meeting with the board, this is one of the vessels the board were targeting. First piece of the jigsaw puzzle then, second piece- who's paying........?

Its so manipulated, hit it down - 5.45-£54.50 trade, 5.3-£1402.00 trade, 5.2-£184.86 trade, 5.1-£397.22, 5.05-£1185 trade- All done on the exchange to control the price. The fisherman didn't catch much down here so they sent it back up- 5.15p- £1545 5.2p-£556.82 5.25p-£521.80 5.35p-£133.75 and a cheeky £2.35 trade just before close. Incredible really is.

Pathetic volume, fishing at the bottom again-this needs to go higher if they really want stock. Lets wait and see, my guess is that the 6's beckon soon.

What's the betting that the ask gets taken out , and then the bid is raised. Not working in the 5's to get stock, their bid needs to be high 5s or in the 6's