Member Info for leftitlate

MF

Dolly P's working 9/5.

finally a whisper....

Ithaca's acquisition is interesting and certainly testing new political waters. Though our Dunrobin challenge is two cash poor partners , the fact that Corallion & Upland both offered 17% equity increase for £160k crudely valued the license at under a £1m. We know the updated 3D is due in the coming months, but I can't fathom the lack of urgency in getting this information out. At £7m drill cost in less than 100m of water.....the data and triple fault should be speaking for itself. I know RB1 is positive that JV talks are on-going but not even a whisper is strange. Thoughts?

Just new season ISA investments.

Yep, totally aware on how a free carry works, and wish I had your confidence on progression with a JV partner with RTG funds. Though intrigued on any time window re: your last comment.

Hold your horses Benny. We have no current JV partner, we have little cash in bank to fund any serious work on either licenses. Do you think any partner coming in will give us fantastic terms? We are 100% the minnow and as a result it will be very difficult for our board to to secure the shareholder value that some of us yearn for. For me I want to see / learn / hear what our board of directors are doing to progress. YEO our CEO is a money man, but he's really got to step up to the plate alongside our consultant geologist Ford (technical director).

April fools

Wow - DYOR. Don't invest in anything without knowing about the why.

There was also 50+m sold within 30 mins from 2pm-2.30pm.

RB1 my apologies, and I have a copy of that presentation on my laptop.

I am dyslexic RB1, but I'd read the following for TL:

The Board believes that the following events represent key potential value inflection points for the Chuditch PSC project:
1. final results of seismic reprocessing anticipated in Q1 2022;
2. the decision to enter into a drilling phase anticipated in Q4 2022;
3. the potential drilling of a high impact appraisal and exploration programme anticipated in 2023.

And for Dunrobin:
Corallian will remain Operator with Baron assuming the role of technical overseer of the remaining Phase A work commitments which have now begun, with the key component – 3D seismic reprocessing – expected to be delivered during 1H 2022. This will provide the partners sufficient time to mature the Dunrobin Prospect and engage with potential drilling partners in due course.

All from the Baron Oil site.

RB1 - dates taken from the Baron Oil website.

RB1 I think you're MILES off on the risk front evaluation - but each too their own.

All we have at the moment is talk, and talk is cheap. TL - is by no means a certainty to progress and 2478 could well be dropped & not drilled next summer.

The seismic results are due in 3 days for TL, and another 3 months for Dunrobin. I for one would like to 'hear on the jungle drums' of some serious discussions by the BOIL board, only then will we see breakout.

Noticed that too ;)

this question, but wondered if anyone on the board is actually in-situ within TL?

I don't think anyone's clicking on that link HFB

Or should I say HFK(nockers)

;))

Good to have you onboard Noob, hopefully you can add value similar to the HE1 board.

Ian you're in on this share, and you've said previously you're holding. What was your reasons for purchase in the first instance? You must've evaluated risk vs. reward. What we know for most on here is we're in for between a McDonalds milkshake and 100m :)

I'm not going to lie, I do enjoy some of the chat on this board. Generally well informed posters, relaxed chat and thankfully free from the idiots - but I'm sure they'll come.