Member Info for MisterPositive

Boil looking at potential 1 - 2 Billion barrels oil equivalent.

MCap at £10m ???

No wonder interest is increasing here each day. Volumes been crazy. With approx 25 Billion shares traded in just last 4 weeks.

Proven discovery by SHELL who provided the Upside case.

Mate just a little sniff of a phone call from SHELL to take back CHUDITCH....

then forget 50 Bagger....this would be lot more than just 5p.....

Chuditch gas field will be "Hot Commodity" soon.

5p is more than achievable. I expect it to go higher

Entry price will always be different for people. Its where you decide to EXIT or Top slice that defines your profits.

This is just warming up.

Current crazy low MCAP is a joke.

Lot of news to come from Multiple projects.

Upside from current MCAP is just awesome.

This one with Massive Upside from Multiple assets on the go. News expected soon on few of them

Mcap £9m with £4m CASH.

This not even £25m MCAP compared to others.

Another sign that churn almost done..

as MMs try to grab stock by spooking a few into panic selling.

BONKERS....

Should be close to £40m

Using 10/1 cash to Mcap ratio.

Churn should be all done with by today...

https://www.shell.com/about-us/major-projects/prelude-flng.html

"The Prelude floating liquefied natural gas (FLNG) facility produces natural gas off the coast of Australia. In June 2019, it reached a significant milestone, shipping its first liquefied natural gas cargo to customers in Asia."

Below is extract from Natural Gas section - Shell Energy Transition strategy document.

"We are working to deliver new supplies of LNG to help meet future demand. For example, we are building the largest floating LNG production facility in the world, Prelude FLNG. It will allow us to access gas fields off the coast of Australia that would otherwise be too costly or difficult to develop, and turn natural gas into LNG to be shipped overseas."

Now there is a hint ;-)

Growing gas share to 55% of hydrocarbon production.

At Govt level, things can be done with one phone call from US President and approvals can be sorted in double quick time.

Well US is sending help to India. No time to waste.

May be US Govt can fast track things and get Beckman Coulter into India fast.

Yes mate. MMs enjoy 2 day window for publishing large trades late.

Sometimes it takes MMs more than 1 day to fill the entire order depending on size. Hence the extra time allowed.

Do Beckman Coulter have coverage in India ?

If not, then they better rush there with their latest i7 test stations along with GDR test kits.

Jarv55
Lovely posts 20:31 and 20:35

Agree. Any one of those big names would most certainly be interested in taking over Chuditch to replace any depletion from older resources.

I would love bit of a bidding war between Santos and Woodside. Shell could obviously trump them both with an offer we cannot refuse. LNG demand is increasing all the time with not much on the supply side. That makes Chuditch a no brainer. Glad BOIL secured 63.75% interest in Chuditch at just the right time with both Oil and Gas prices on the rise.

All to play for at a measly £10m MCAP.
Even £100m MCAP would look dirt cheap given that SANTOS splashed $1.4B back in 2019 without blinking.

SHELL is waiting in the wings in my view. You just need to read their Energy policies going forward with a strong emphasis in acquiring strategic Gas assets. Timor - Leste would cover whole of Asia Pacific Rim countries and AUS obviously.

Mate, BOIL got 3 projects ongoing in 3 different parts of the world.

1) Timor Leste - chudith (63.75%) over 5 TCF.

2d is superb. 3d seismic could be even better and further upgrade already huge potential resource validated already by super major SHELL. Any player can come in.

2) UKCS licence (15% of potential 396 mmbo) - awaiting Farm In partner update.

3) PERU (100%) - drilling expected to commence in May.

Chuditch been validated by super major SHELL themselves. Could be any other big player also.

BHP, CONOCOPHILLIPS, NEXUN, SANTOS, WOODSIDE Petroleum. Home turf for Bigger Aussie players with AUS Govt backing and a product like LNG that is simply growing in demand with a potential supply shortfall in coming years.

Boil had £1m cash end of Feb 2021. Raised £3m on top, sitting on £4m CASH. Budget for next 2 full years is at £3.5m so more than funded.

In my books that is definitely position of strength.

I would agree. Some one looking at us. Seems to be some kind of urgency.

Massive Upside at Chuditch was highlighted by SHELL themselves, so would not be surprised if they want back in.