Member Info for ivans

seems some are panic selling. to me, better to hold and switch off the screen. the sp getting crazily cheap and some my start to taking position soon as once this moves, it will move fast

BOR, and many other good shares, are brought to knee their sp. no point selling this. just wait it out. i am sure many will start bargain hunting again soon and BOR will rise accordingly. excellent price to buy more

rkh apparently majesdie (one of their holder) is selling . their mcap still near 30m vs us of 8m.

which means only one thing. time to buy/

If we can buy very cheap and oil cost only $20, then its still large income to receive vs our tiny mcap

also, we may get other news on the gold from time to time, i am sure we will, not just in Dec

if you are saying no investment to be done in new oil asset, thats wrong. BPC still continuing, north sea assets still getting interested parties to farm in. all know that low oil price is only temporary, maybe till summer. many cant sustain low oil price incl Russia, despite they said with macho they can.

US shale will be hurt the most and new exploration area. while "discovery" asset should get more attention as they know oil is proven there (ie half the cost is done), so just need to extract it.

been watching MNRG for sometimes and surprised able to buy at 0.5p

i am buyer as sp can easily rise back at the back of their gold assets and sentiment alone. sentiments now towards gold assets.

comes next week, expecting news, sp should be closer to 1p imho

top up guys, anything sub 0.8p is bargain, sp now only 0.4p. nobody has missed the train as train hasnt even started yet

once we are above 1p, it will make not much different to your low entry price

news on mast UK due?

i have also bought some more.
our cost is way below $30 and for all we know, we may have hedge in place with shell, where we can sell at higher oil price despite low iol price in the market now

anyway, with production around 2200 bopd, am gobsmacked mcap only 9m!!

look at BPC with nil production and valued at 100m mcap

with low oil price which nobody expected and may stay until next opec meeting in May, i think its unlikely for any farm out to happen as yet,

once oil price improve, then the chances for farm out will rise/

if PMO in trouble and difficult to resolve their debt, it will be very unlikely for PMO to secure more debt for falkland drilling. that might explain why RKH down

not sure about PMO as debt very large. check out JLP, KIBO and LEK as well

around 25% up.
KIBO should be following suit. after all, we have 55% stake in KAT

looks like BOR about to tick back up. its way oversold.

LEK was down around 30% yesterday, it was well overdone vs other players.
time to rise back up to 3p . oil rising up now.
bargain

none of us are producer currently. oil companies will look at long term oil price and all agree long term oil price will be much higher in the futuree. and by the time falkland in production, oil will be in much higher price. therefore falkland will be economically viable. they have to start making progress from now in order to be ready in the future when oil price much higher.

very nice

dont have spare cash, as otherwise would add a bit more here.
i am sure tomorrow all shares will rise back up, incl LEK

Phil, dont forget to bring some profits to BOR

TrusttheProcess, please buy more? at least another £2k. i think thats the amount required for us to tick back up :)