Member Info for leftitlate

Those poor MM’s need to make a cut 😉

Delighted to see Yeo out of his back room and actually pressing the flesh with the TL ambassador. Timings in TL do seem intriguing with meetings and events on the move. Pass is right again, we’ll see a short term interest, and maybe even a Twitter (x) influx of PI’s. FPSO’s aren’t cheap, so the commercials will be vital with any deal / carry…..has Yeo got the minerals for that?

The fact of the matter is we are a minnow, and big oilers / organisations will take full advantage of our cash flow in any deals. This is the time for important strategic and experienced governance for BOIL, to protect shareholder value. My challenge is I don’t trust Yeo to tie his own shoe lace never mind tie a JV up in the coming months. He’s shown very little value to shareholders, we have one real man in the know and I hope he’s navigating the changes well. The hope is no comms is good news due to incoming news. I’m hoping that means Yeo is out of his PJ’s and into a suit (should be in that salary).

Apologies for the typing errors, writing on the go.

We’ve had lots of chatter around countries willing to cooperate with the TL govt. But as we all know, talk is cheap and in politics such agreements mean very little other than jolly time / entertainment and air miles.

My challenge still lies with the ability of our top brass to be able to be able to successfully navigate and negotiate an effective position for us all.

I think I know a way your excellence in how the Saudi's can help.......coughs (ARAM...

COme to think of it does anyone else know?

In full agreement, a good appointment. But timing prior to investors call, I hope there’s further positive news to come.

Jarv55 this needs to be rejected.

And if not we have the AGM to look forwards to on the 29th June. Is the telegram group going to share any questions ahead of next week?

I’m with you Jelly. As so much of BOIL is HL and PI’s there’s a need for us to collectively engage one another to ensure that our CEO is credible, commercial and value for shareholder money. Like you, I’ve seen very little these past 24 months.

Indeed Passiton. My concern which remains all along is the commercial nouse of our board. Yes they are very good at lining their own pockets, but I’ve seen (and heard) little via network of real deal action. I feel a collective group of should voice this at the AGM later this month.

I for one am waiting for the AGM, where I shall voice my concerns regarding our CEO. With what’s happened in the last 12 months he looks to be absolutely out of his depth. Stakeholder management is critical and it has been sadly lacking.

Yep PR companies tend to find crap conferences and trade shows and then slice on both sides for the event. Boil’s PR is about as good as our top dogs interview technique. Now where is my dressing gown? 🫣

Solid post filthy and indeed the preferred outcome should always be win win, but you also need a BATNA.

CD1, I’m not talking about 12 months window. Next AGM should be end of June. PI’s own a seriously large % of this stock, and need to band together to gain both traction with questions and action on impact / material changes to our assets. May need to join this telegram group, to learn their thoughts.

I do think that salary is on the high side especially with options. Next AGM I may well be calling that out with comparisons if there’s no SMART corporate objectives for JV’s.

It’s funny as we know we’re closer than ever to news. The geo-political games have never been more nerve racking.

The TL govt have gone pretty much everywhere to plea for investment to enable the Island dream of everything coming home. Understandably they want to build a strong O&G economy, they’ve seen others, why not them. But there are some huge challenges with security of any pipeline coming back to TL across the trench - security being one.

China want closer to Aus waters, TL gives them that, hence already building debt on the island, their simple and effective model for years (just look at Africa & South America and the Chinese incentive for destabilisation).

But we’ve now got the AUS/UK/US sub agreement to hold and maintain western perceived stability. Well that’s now potentially two sets of subs that need a deep water port in a friendly country.

With TL going through elections next month has some of the chatter from Woodside been about pacification re: renewed feasibility studies, or are they now linking together the understanding that someone somewhere is going to have to seriously take a hit vs. Balance sheet to let TL have it all home, but what does that give them in return.

Be good to know others thoughts….on what they make think likely outcomes could be…..personally that’s better chat than tea leaf traders telling us where the day will finish. ;)

BOIL has a significant % of PI investors, and a strong number of LTH's who've already top-sliced (myself being one). For any of the big players to take a position here, all shareholders will expect some rather large shakes. All of the discussion around knowing prices, and the Allenby broker valuations - all poppyc0ck, I've rarely seen any of both come close.

Simple rules apply, 1. Know why you've bought, 2. Understand the levers that will accelerate SP growth. 3. Set a target for both price and time. 4. Patience. 5. DYOR don't make excuses.

Have a good w/e All

Pcc07. I have been one of those asking for better PR and dare I say a ‘go to market’ strategy. But that was a very sloppy interview and it’s done and out there, that isn’t a good look. For any next interview, I agree a change of personnel and indeed suited and with a corporate background rather than ‘spare bedroom / office’. These things do matter.

I’m a LTH and expect a level of professionalism, especially at the stage we are at now after such time. There are many opportunities upon the near horizon, but getting rammed by a premier league oiler as we look pub Sunday league is not the shareholder value I’m after.

I agree Jarv55, the interview wasn’t top tier in any way shape or form. I appreciate that we’re all different, and it’s important that the board play to their strengths. I’ve had concerns about the experience of our BOD against bigger players and from what I saw of Andy - that was very disappointing, especially if he’s taking home £219k.

That wasn’t good enough. Seeking investment, or selling a business its about being slick, clean and looking like a top notch professional outfit.

That was sadly lacking, especially not knowing key important stats and terminology without the need to refer to quotes. Maybe he should use some of the £219k on media training or even business coaching. School report - must do better.

Nothing really new within the video. For me, and considering Andy’s the CEO I’m not a fan of the constant referral to paper notes on his desk (to the left). He should know this subject matter outright and be confident to field questions about it. That actually worries me as does his poker tell of lifting his lips when he feels uncomfortable or not at ease. Or maybe I’m just over analysing it.