Member Info for gus0

They have been filling an order, lumpy 500k trades going through. Should ping back up later, I still think we will see a holdings RNS soon

Ah thanks Geo...... all the best

Discounted offering of one seventh of your holding, applies to everyone who held shares in the company up to yesterday. Which perhaps is why yesterday was such a crazy volume day, those in the know again.......

Grim, the bidder wants to buy the shares as low as possible. However there is no reason the price will go anywhere near the offer raise, its subscription deal and a very tiny raise. Totally different than the norm on AIM

Geo, quite a fancy username for a market trader. Anth and I are LTH amongst others and he was merely pointing out that it is short sighted and slightly stupid depending on what your plan is. I hold 1.56% of the share capital here and saw a very lovely profit on my account yesterday which is now not there, however I am not short sighted and will be staying here for a proper pay day. Good luck with your plans though LOL

Oh well sellers woke up, clearly a big buyer here taking nearly 7 million just today. Lots of lumpy stuff which I have seen before, often MM's selling to each other. Somebody wanted to take this stock to the 2 and 3's because the 1's had long gone which is why the ask got took out big time to place themselves where the action is.

Rinse and repeat as always, once the 2's and 3's are exhausted, we go up/ simple as that.

Something a bit hot here, could it be half a billion barrels of liquid gas and not a medium crude?

Who would have thought that liquid gas is more in demand than the black stuff all those years ago!

What this FreeAds for other stock??? Go and get shagged on the correct board.

Lack of selling surprises me, our bidder will be frustrated. So expect that bid to tick up throughout the day in order to tempt, if no offering then the ask gets taken out again and welcome to 5p land

Yep, knew it was coming. 6p then 10p next targets for me. Significant re rate on the cards

Volume is a bit dire which is the main force obviously that moves prices up or down. I think when people actually realise that the world is in short supply of liquid gas, prices are sky high and we are weaning off Russia's exclusivity on a daily basis plus our market cap is around a 99.9999% discount to NAV- we should see some serious buying. Even a 90% discount to NAV would put this stock at around 70p.

I am sure the board are talking to UKEF about financing options for our asset. Boris just acknowledged that we are going to develop more of our own hydrocarbons and that doesn't mean just the North Sea which is diminishing daily.

This stock could explode at any moment, liquid gas recoverable at nearly half a billion barrels- RECOVERABLE.

100% owned. Tiny m cap.

The world order in gas supply has changed for good.

Hi Anth, the buyer (on the bid) was trying to buy on the cheap starting with a low bid of 1.1 and then moving it to 1.2 and then 1.3. They didn't scoop very much at this price level, so had to move it up to 1.62 to get any sellers and even then not much came through. So what I am saying is the bidder doesn't want to pay more than they have to and will drop it as far as they can to get cheap shares. The more they move their bid up then the ask goes up as well, and subsequently the price of the stock increases. So in my humble opinion, there are no sellers at this level so the bidder will need to increase more and more to get their shares, hence why I think we will go into the 2's shortly.

The long and short of it is that BOR is in a totally different place now than it was 2 weeks ago.

Hi Anth, I agree with Groove- they are looking for sellers rather than buyers. A low bid for most of the day in hope of a bargain and a toppy ask at 1.9 to deter any buyers, as you saw though the bid had to go up substantially to get any sellers to be tempted and feed the bidder. Back to 2's tomorrow I suspect.

Page. He is not a director per se.......
Non-Executive Chairman means a Non-Employee Director who has been designated by the Board to serve as the Chairman of the Board.

Page- F**k off

POC, why are you here troll?

Your 18.22 post is not in an official RNS, this was made by you dumbo
Your 18.39 post. I keep telling you Harry is chairman and not a director, he took all of the subscription for himself and is a related party.

Finally it would look very bad if the directors took a load of shares at 1.3p knowing what's on the way, hence why they are offering us LTH them first.

Stupid as.....

Typo- "Interesting that in the RNS that the small funding didn't mention that it was to continue the farm out process"

Interesting that in the RNS that the small funding was to continue the farm out process, which has been the terminology in every RNS for as long as I remember. Now its " to explore the best options to appraise and develop Darwin" quite a shift from the norm. Personally I like the word options and its meaning is" a thing that is or maybe chosen", plus the fund raise was small and in my opinion just enough to get us over the line. Not long to wait now, the world order has shifted forever and all eyes will be on assets that can be developed with ease and quickly.

Hi Michael, I believe that is the case. You will be offered to buy an extra one seventh of your holding at the discounted rate, well that's the way I read it anyway.

With the new stock issues, we will have 587,000 shares in issue and still own 100% of the asset with no debt and enough cash for 2 years ish. Not a bad day at the office, compare this with others (RKH, part owned only, cash running out, debt to repay, higher overheads, inferior asset to BOR) (ARG-cash running out and no confirmed asset, requires exploration drill which I doubt will ever happen)

Happy days LTH