Member Info for MisterPositive

2.09 Billion traded already....WOW

we could do around +4 billion volume today.

0.10 to go soon

Some right nuttters showed up today deramping to get in lower. They obviously not here as our "saviours"....

Topped up +5m today. No brainer sub 0.10

"Baron Oil has said that Dunrobin is one of the few remaining targets yet to be drilled in the UK North Sea with estimated gross mean prospective resources of the order of 100 MMbbl. The Beatrice field c.20km north of Dunrobin produced over 140 MMbbl from the same petroleum system, the company said. "

https://www.oedigital.com/news/491194-baron-oil-beefs-up-stake-in-promising-north-sea-block

"As one of the largest oil and gas producers in the UK, BP intends to continue investing in North Sea oil and gas, while driving down operational emissions. BP is also in action on a range of lower-carbon energy investments in the UK, which are expected to bring jobs and develop new skills and capabilities," the company said.

https://www.oedigital.com/amp/news/496265-bp-to-invest-22-5b-in-uk-energy-system-by-2030-end

https://www.oedigital.com/amp/news/496265-bp-to-invest-22-5b-in-uk-energy-system-by-2030-end

"As one of the largest oil and gas producers in the UK, BP intends to continue investing in North Sea oil and gas, while driving down operational emissions. BP is also in action on a range of lower-carbon energy investments in the UK, which are expected to bring jobs and develop new skills and capabilities," the company said.

Mini tree shakes all part of the re-rate and pretty normal.

Chart looking very strong.

50DMA crossing 200DMA

Good solid base being put in place for next move higher.

Would make perfect sense for both countries. Chinese move in early. Global geo politics changed quite a lot over past 3 years.

About time Timor-Leste delivered - no point sitting on such massive untapped resource with Gas prices on the rise.

BOIL looks primed to finally come alive.

Dunrobin prospect on the frontline now as UK Govt shifts focus to domestic Oil and Gas field and moving away from reliance on Russian oil and gas.

Current low MCap here is not even remotely close to fair value for Dunrobin prospect.

Re-rate in progress.

Deemule
200m is conservative valuation for RBD stake in Corallian in my opinion.

250-300m very reasonable given focus now has shifter away from reliance on Russian Gas and more on developing domestic gas fields.

First shot fired with Corallian offer. More to follow

Looking at recent rises at both VAST and CLON, we can have a strong run here. Focus firmly on BOIL now. Two days in row trading volume here has exceeded 2+ Billion.

Stay with momentum here which is getting stronger. 0.40 - 0.50 very much plausible, may be higher in quick order. ATB

HFB
Appreciate the fact we need to look at MCap but one "very important" point of note is that number of shares have increased since last year but both OIL and GAS prices have risen far more.

So Valuation estimates for Chuditch and more importantly Dunrobin (North Sea) using current oil and Gas market prices and "futures" prices would most certainly lift the Asset valuation estimates to a much much Higher level in my view.

2.6 Billion traded today.....WOW

news incoming !!!!!

Agree. North Sea assets back in the spotlight.

UK Govt got a nasty wake up call from Putin.

Dunrobin - North Sea prospect should be at the front line now for BOIL while we wait for Timor-Leste and China to thrash out plans for Chuditch.

2bfair.
Gas price forecasts directly feed into the NPV10 calculations using DCF method at 10% discount rate. I know we not a producer, but that is what the Bidder uses / looks at to evaluate the asset and future cashflows. If we were producing Gas at todays prices, our MCap would be at multiples.

Uggy100,
No. Its not ramping nonsense. Its good solid old fashion NPV10 method used in M&A deals.

We only looking at Corallian valuation.
Excludes West Newton.

HFB
With sheer size of the resource here, could BOIL turn out to be the Biggest Multi-bagger ever in AIM history ?

As all the pieces start to come together here.

Good RNS. Clarifies lot of speculation and confusion over last week. Lot of moving parts covering both Block XX and Block V.

Velociraptor drill this year would be great.
Heron-1 still on track this year.

Central Govt driving things forward while implementing robust Governance framework along the way during this important transition as the Mongolia Oil and Gas industry evolves.

Looks like stage is being set for China to move in and developing Timor-Leste vast untapped resources. TL Govt needs the revenues.

BOIL looks primed as a HUGE beneficiary.

10 x bagger this one minimum in my view.