Member Info for Mogger

Phil,

Its a shame you have me on filter. The company often put out their presentation after the AGM

https://bordersandsouthern.com/presentations/

Mogger

Gus,

" I hold 1.56% of the share capital here "

10th March 2022

Were you lying then, or now? Or both?

Mogger

Gus,

Do you want to revisit your comment about not disclosing your holding here before I show everyone that you're lying again ?

Mogger

Gus,

Thank you for your measured reply. I'll have another look.

I only asked as a few here have asked when the AGM is being held. It's quite clearly written on the Form of Proxy so wondered if others hadn't received it in the post.

Mogger

Mogger

Messer,

Here you go.

I've not had my voting forms sent through. Has anyone else?

Looks like they are getting ready for another fund raise..

https://docs.publicnow.com/viewDoc?filename=70332%5CEXT%5C40C32BB327F00FCA6AC1F4BFA5878B04D05F67C2_5CFF67595F9140EED08E5884031F02701CC8B8A0.PDF

Mogger

Buffit,

There are people on this board that are not honest. Just like I did with similar types on the RKH board, I highlight to others who they are.

I never post my holding on any of the companies I comment on.

I'm not saving anyone from a "disastrous investment ". I couldn't care how anyone spends their money , but if an individual has an opportunity to point out falsehoods, then that opportunity should be taken.

Gus et al are very dishonest as to who they really are. And of course they have said many times that they have me on ignore, yet still see my posts.

Mogger

Gus,

Because these warrant holders are all very close to the company board. Had they exercised to help with company finances and then held their shares it would have been a good indicator.

Mogger

All,

I see the person that exercised their warrants on the 12th immediately sold them at 12.10pm

Not very reassuring.

https://www.lse.co.uk/ShareTrades.html?shareprice=BOR&share=Borders--Sth

Mogger

All,

A great summary of all the work that is going on and some new information on the future.

https://fitv.co.fk/falklands-in-focus/week-798/

From 3 mins 30 secs

Still a bit worried why we've heard nothing about the licence extension. Looks like the FIG are very busy with Navitas.

Mogger

All,

A great summary of all the work that is going on and some new information on the future.

https://fitv.co.fk/falklands-in-focus/week-798/

From 3 mins 30 secs

" the train has left the station"

Mogger

All,

The new causeway is coming on nicely

https://www.linkedin.com/posts/falklandislands-ugcPost-7470425389308424192-1wWd/?utm_source=share&utm_medium=member_android&rcm=ACoAAAB-3IcBBhs8OSOnZaarrB-oQtWKJXTxoSo

Mogger

All,

The Offshore Petroleum Regulatory Fees proposal has some interesting notes:-

"With Sea Lion Northern Development Area (NDA) headed towards exploitation and regulatory submissions expected for the Central Development Area and potentially the Southern Development Area in the next few years, the volume of regulatory approvals required is likely to increase, necessitating further use of external consultants and the employment of additional staff"

"Both the approval of the NDA programme and the expected forthcoming Central Development Area FDP will result in a significant increase in the workload of DMR. Executive Council has already approved the recruitment of an additional eleven members of staff (178/25 and 57/26) to regulate the Sea Lion NDA project, which is expected to result in an increase in costs of around £1m per annum"

https://assembly.gov.fk/jdownloads/Executive%20Council/Executive%20Council%20Papers/2026/08%2002%20June%202026/15-26P.pdf

Mogger

Paul,

Its quite explicit in the Navitas Q1 results

"March '28"

"The partnership continues to explore the possibility of bringing a strategic partner into the project, which could contribute to accelerating the next stages of development of the project, thereby generating additional substantial economic value. Construction work is progressing as planned and production from the project is expected to begin in March 2028. As part of the project development, the project company entered into binding agreements with major suppliers and contractors, including, among other things, agreements with two global marketing companies to market the barrels of oil from the project."

https://maya.tase.co.il/he/reports/1742498?attachmentType=pdf1

Mogger

All,

The report is now on Borders website.

Interesting to see that in these times of raising money to get the "best deal, rather than the first deal", the directors decided to give themselves a 31% pay rise. HB was slightly more at 33%.

I'm glad the shareholders' money is being spent so wisely

Mogger

https://bordersandsouthern.com/wp-content/uploads/2026/06/2025-Annual-Report.pdf

It's off to Hanøytangen, Norway

Things are starting to happen....

Mogger

All,

A question regarding Sea Lion was asked recently in the UK Parliament. It was answered today.

https://questions-statements.parliament.uk/written-questions/detail/2026-05-14/hl86

Mogger

All,

Its not often Rockhopper recruit.

https://www.linkedin.com/in/kirsty-parker-68b23618/

Mogger

Interesting that Navitas have asked for a 5 year extension to the PL001 licence. Does this suggest that they aren't planning to do much in the short term?

Mogger

Citizen,

I know from another contract being negotiated that they were being asked to bid on the lifetime of the project rather than (for example) 5 year chunks.

It's only a guess in this instance but after 12 years there might not be a need for the AM, so will sail away.

Mogger

All,

Some interesting information in Aurelia Energy ( Bluewater's Holding Company) Quarterly Results.

Regarding timing of the movement of the Aoka Mizu

"Bluewater has furnished a cancellation notice with the current customer to

terminate the existing agreements on March 1, 2026 so that the FPSO Aoka Mizu will leave the Lancaster field as per May

31, 2026"

Also confirmation of the contract length for the Aoka Mizu

"Meanwhile, Bluewater's 2025 Annual Report indicates a promising outlook for 2026, with its Aoka Mizu FPSO being reassigned to the Sea Lion project in the Falkland Islands under a 12-year fixed contract. "

https://newvision.io/industry-digest/bluewater-finds-buyer-for-fpso-first-used-in-1997

https://stamdata.com/news/api/pdf/48862fa1-ced1-4a93-be82-e5101e153ed8

Mogger