Member Info for gus0

POC, in reply to your earlier post. Harry isn't a director, he's the chairman and a related party. The directors are not participating in this subscription because Harry is having it all. The other subscription is an open offer and they haven't commented on this in regards to buying any more.

A very reasonable day for the fund raise, the chairman has forked out £450k and the rest will be financed by existing or new shareholders, shares in circulation are still extremely low for AIM and the board today have been very prudent and professional.

All my opinion of course and a LTH, I am going nowhere until I see value here and value isn't 20p...

Last but not least from me today, the board could have done this raise when our closing price was much higher. In the 2's for example. A prime example of having a raise announcement ready to go is MATD who have done several this way in the past, waiting for a high closing price to announce the following day. We haven't done this and its a tiny raise with the chairman dishing out half a million quid nearly.

Funded ongoing to finalise the options for Darwin.

£450,000 IS £450,000 whoever parts with it. Obviously we are all itching for a buyout or farm out and I am 100% sure one of either will happen and I am staying put with my investment, things are different now and we all live in a new world after Ukraine/Russia and our asset is crucially needed. I like the part where they say " explore the best options" rather than the usual continuing to seek finance for the next stage blah blah. This small raise should take us to some final determination on our assets within 2022, a final push over the line so to speak.

Chairman is sticking in nearly half a million pounds of his own money, speaks big volumes.

Not too much of a raise, quite reasonable. Least we know that we are funded ongoing for a while whilst finalising a farmout.

seller happy to offload around the 2p mark but unless they fill quickly, then we are into the mid 2's in a flash. Not much free float at all. Increased volume tomorrow is my bet.

Brent just touched 115 usd, think we are due a new surge in our stock price. The cheeky little £150 T trade that knocked 15% off our value today said it all, they haven't finished washing out the holders between 1.5-2 at least. The nervous, the weak and the little less greedy need to go before. Let's see, but with Brent in a bubble and the market in trouble, now is our time..... What n see, I may go to 2% here!

Because somebody wants the closing price to be where they want it, a puny little 3000 T trade nipped through at 1.50 to make sure the closing price is 15% down./ after hours.

Umm, this stock seems to be floating around in a place where the market makers want it to be- full control due to small demand. Oil price is crazy now and this is an extremely valuable share currently not very valuable, a bit like valuing a golden egg the same as a cream egg. I do think the MM's would have exhausted things at the 1.5-2p level on the bid soon and on that basis expect the next leg up. Still no news from the board...... can't be much longer.

Bit of panic selling today across the board.

A reminder

1. Darwin recoverable asset value now 47 Billion USD
2. Profit around 33 Billion USD over 25 years or 1.32 Billion USD Per Year.
3.100% owned and no debt
4. Market cap £8.72 Million Pounds USD 11.6 Million

Biggest discount to NAV anywhere, in fact almost 100%

Page call the office at Borders and tell them they are wrong. Recoverable nett of 462 million over 25 years at 91,000 per day cam from our very own geo....

Actually email instead, I have Obee's here...

obee@bordersandsouthern.com

POC, I thought I had filtered you...... I will do it now. But not until I rebut your tosh

1. Funding was needed for the extension of licence- see RNS
2. Licence has been extended because they were happy with what they saw
3. Board say they will update us on this soon.-see RNS
4. 462 million barrels is recoverable at 91,000 barrels per day over 25 years- see RNS

Goodbye

It could go to 10p this week...... all things Russia have gone pear shaped and in all probability Russia will turn the taps off for their LNG to Europe.

And Gazprom are the very people that will be losing this business, new sources are needed and now. They supply LNG to over 30 countries and most of Europe, correct that -DID supply. Now the method of payment through swift is now being removed from them, new sources are URGENTLY required. BOR'S value is due to go through the stratosphere, oil is not needed but LNG. Quite the opposite not very long ago, watch a very big jump up here next week

Yes the situation is absolutely different. It's all about the gas and not about the oil, the board's desire to set up a successful LNG operation could well be on the way to starting, in part to replace reliance from Russia. The commodity is urgently required across Europe and beyond, not medium crude but LNG. In addition as I stated before, LNG will be the transition fuel to green energy during the next century, whilst oil is gradually and slowly phased out.

Coupled with only a £9.5 million market cap, few shares in circulation, 100% owned and debt free- this has to be one of the most compelling buys currently in the marketplace. The only niggle in the back of my mind is what the board are up to, their promise of an update "shortly" is becoming drawn out a bit. I can only wonder that the reason for this is that the world order has changed and our value is now in a different place. Every day our market cap increases, our valuation goes with it. Put your seatbelts on, could be quite a ride soon.

Actually I think I will filter you. Ant I suggest you do the same mate, trolls have arrived.

Page, this is like tennis batting back things. The website is out of date and below was the latest resource update and it clearly says 462 million barrels recoverable over a 25 year period. Now please stop it otherwise I will have to filter you, you are becoming annoying. Your last quote is totally different than your first, you obviously have a rummage about on the internet and come back.

The above volumes were based on a combined development of the core areas of both structures into a single FPSO, with 480 MMscf produced gas. Total recovery of liquids from the 25 year period evaluated is 462 MMbbl. The combined liquids production of condensate and LPG peaks at 91,100 bbl/day.

Page, rates have dropped significantly since your quoted RNS, please also read their latest one which is a smaller development with smaller Capex. I believe also the breakeven is lower now and 462 million recoverable is recoverable, also the asset is condensate which is highly liquid without viscosity like a medium to heavy crude for example, which is why it will pump at 90,000+ barrels daily (according to their estimates, appraisal needed to firm this up).

The big thing for us is Russia now out of the supply question, this seriously makes us look attractive. Coupled with 100% ownership, no debt and few shares in circulation with a massive asset and a market cap of around £8 million........

Welcome Michael, I have a fair few myself and now is certainly the time for this stock. Next stop 5p here but I am waiting for multiple times that. Largest trading day I have known here, over 17 million traded which bodes well for the next leg up.

Page of Cups- you are wrong. First of all there are a minimum of 462 million barrels RECOVERABLE. In addition the asset is condensate and not crude, it's is a form of LNG and is in huge demand given that Russia has been supplying Europe with this for years and as you know, this will now stop. Capex will not be 1.5BN either, day rates and drilling is much much cheaper and if you read a recent RNS, then you would know that the board are planning a smaller development to start which obviously has a smaller Capex. Last but not least our asset will be the transition fuel for this century, and not oil.