Member Info for MrMarketMaker

Someone posted the falling wedge so you can see exactly where we are. Notice how the bottom is holding and that the MM are very happy taking stock off any weak sellers as they know a big move up is coming real soon

BUY BEFORE BREAKOUT imho

Just watch more and more BULLS turn up here (lol). We are not blinded one bit by your nonsense , I mean who would you rather listen too :-

Someone like me with a 0.8p average or someone like Phil with a 50p+ average ?!

By the time he has his money back I’ll be over a 62 bagger :)

I REST MY CASE

simonsmithIV24 Sep '20 - 12:14 - 21381 of 21384

Derampers are missing the point.

Even of you think it'll take a while for them to get a farm in etc, it doesn't really matter. Nobody 'invests' in AIM tiddlers anymore. Shares like this jump huge percentages on nothing and are mostly just the plaything of retail traders. Especially from such lows as this. It's almost at cash value so nothing is priced in and the downside is minimal as there's nobody in profit from here and therefore not enough sellers to take it lower.

So it's inevitable that eventually a combination of traders, technicals, oil price and the market makers will align to send this soaring on no news at all! The skill is to be in just before the hike and the herd, ie. now.

The chart is showing a squeeze at the thin end of a wedge bottom with bollinger bands and moving averages now very tight, so it looks like it's ready to pop in the coming days/weeks and with downside extremely limited I suspect the move will be up.

Aimho

Got anything to say about this then ??

SunZoo
Posted in: BOR
Posts: 69
Price: 0.755
No Opinion

RE: Trouble with you lot18 Sep 2020 20:42

i can't see a service company farming in to this tbh. they're not oil producers - its not what they do

LOL - people would be very wise NOT to listen to a single word you say

I WILL LISTEN TO THE BOD + RNS INSTEAD IF YOU OR ANY OTHER POSTER

From today’s rns :-

In this setting we have continued our farm-out pursuit. Our endeavors have been far reaching, not only having discussions with other oil companies, but also exploring potential collaborations with service and engineering companies. We continue to investigate all options.

Many commentators believe that hydrocarbons will continue to play a very important role during the transition, but we will potentially see a high-grading of new developments, based on quality of reservoir, break-even oil price and environmental footprint. We believe that Darwin stands out on this basis, with its break-even oil price of less than $35 per barrel, quick payback, excellent reservoir and a relatively small environmental footprint. We therefore remain optimistic that progress towards appraisal and development will be achieved.

And of course this is a all or nothing share. Why do you think nothing is prices in and the share price sat at 0.75-0.8p . This is the very reason I have bought in now . Unlike all the other LTH who bought sky high and have since done there nuts here !

I thought the whole idea is to buy low and sell high :)

Scoredagainsteps

And you my friend will learn that I WAS RIGHT ALL ALONG !!!

Time is the friend of a wonderful company and the enemy of the mediocre.

You need to open you eyes and think outside the box more mate , just like I did

Just sayin :)

ATB + GLA

Agree with Aimgambler 100%

Looks like my thinking outside the box was right after all !

Just like buying in now will be the right thing as well .

I’ll be on a 36 bagger by the time some of these LTH get their money back and that’s why they are so bitter .

They have run out of patience but anyone buying in now won’t have forever to wait as the price of oil will rise significantly within 6-12 months and all the interested farm
In companies will know this.

There will be one more oil super cycle and we have a great asset with a fast payback time that will stand us in very well indeed.

It’s a string but down here , I see the MM still want 0.7862p for just 1m Shares . They know this is the bottom and they won’t let them go much cheaper in the future either

Don’t listen to the so called LTH who do nothing but bash the stick they are in (lol).They are very selfish and don’t want any new investor buying in with such a low average because in some perverse way it makes them feel better about their huge paper loss .

Just do the opposite and buy the LTH shares off of them for peanuts and then hold for the oil rebound (of course a farm
In could come much sooner as the company has optionS like they said in today’s rns)

I can see one of these service companies farming in most of the rigs are idle . That’s just my opinion on things :)

ATB + GLA

Getting quoted :-

100k 3.58p

Then it’s 3.8p

Go get them ....

ATB + GLA

Isn’t Rkh break even $25-30 ?

Navitas are taking 30% when poo is $40 so to say that no one will farm in here until $65 is total rubbish and that’s a fact !!!

They know better than anyone else .

Good enough for me

Service company’s :)

ATB + GLA

Key points :-

The low oil price, currently around $40 per barrel, has resulted in a dramatic fall in exploration and appraisal activity within the industry, along with a decrease in capital expenditure on new developments. In this setting we have continued our farm-out pursuit. Our endeavors have been far reaching, not only having discussions with other oil companies, but also exploring potential collaborations with service and engineering companies. We continue to investigate all options.

Many commentators believe that hydrocarbons will continue to play a very important role during the transition, but we will potentially see a high-grading of new developments, based on quality of reservoir, break-even oil price and environmental footprint. We believe that Darwin stands out on this basis, with its break-even oil price of less than $35 per barrel, quick payback, excellent reservoir and a relatively small environmental footprint. We therefore remain optimistic that progress towards appraisal and development will be achieved.

Hello Rumblefish,

What rns does it tell you that they are moving offices ? I am Still Waiting for a reply !

They have enough money until April 2023 (hardly running out of cash) so there’s still time for them to get a farm in partner . I would not be surprised if it’s a service company as rigs etc have never been cheaper and there tons of idle rigs sitting around .

They are not running out of ideas and that’s why there’s an investment bank helping them out DYOR.

Rkh took Fogl over for £57.1m when oil
Prices were much higher and Bor has a major discovery 455m barrels , therefore I would imagine and it’s only a guess that we would be priced around £30m-£40m but there’s no chance that we will get taken over imo.

Howard’s and the bid havnt wasted all these years of there lives to then sell the company . They are very approachable if you care to call them yourself, you should try it tomorrow and let me know how you get on .

I don’t know why you thought I wouldn’t respond because I’ve thought everything through and I’ve done all my own research.

I’ve said this before but I’m going to say it again , 2 things matter when investing ... the price you pay and the price you sell .

Anyone buying now has limited downside with HUGE potential of massive profits ( could be well over a 100 -200 bagger and that’s just on a positive appraisal - not including all the other elephants we will be hunting and without a oil rim below Darwin).

I’ve been invested in the Falklands since the ocean guardian set off . We were all following it and watching it get nearer back in the day so it’s not as if I don’t know anything .

I remember Oil Brat, BHLCF and GC Clark to name a few and believe me when I say that the Falklands will come alive again .

Premier was the death of Rkh but we are in a total different position thankfully.

Have you got any other questions that you would like me to answer ?

Take care mate and ATB

We are all in this together and the BOD interests are aligned with ours even if you don’t think so .

ATB

Signifies a bottom

Just like letter M signifies a top

ATB

I do admire all of the LTH determination too hold this stock because that takes real conviction and guts .

I put me money into BOR because I believe it will come good. I would be very happy for all of you if and when it happens

I know there’s quite a lot of you that’s stayed the course (die hard crew).

ATB and GLA

Back to normal supply vs demand hopefully. If that’s the case and news drops then this will reach a new higher high before you can blink

Rumble fish

You bought at 72p and watched it fall all the way down . I know you averaged down to 29p so I would be upset as well but moaning about what ifs will get you no where .

The fact is that this is a very strong buy down here below 1p especially when the price of oil rises.

I feel your pain mate !

How do you know the following :-

There moving Out of there Plush Saint James sqCorporate office to something cheaper ??

Can you point me to the rns that states that please ?.

If that’s the case you should be happy because they will be saving even more money .

The only negative that’s changed since you bought in at 72p is their cash balance and poo. Where as the positive things that has happened since I bought in is that Darwin has grown in size and the break even point has come down.

Rkh are moving offices as well , if our bod thought there was no hope of a farm in then they would milk the company for all its worth and that isn’t the case .

I would like them to get paid in shares myself in the near future .

It’s not over till it’s over so keep the faith. You never know what’s just around the corner

ATB

Enough Money till April 202315 Sep '20
Cash $3.7 Jan 1st 2020

$1.45m expenses 2019

-25% cost saving measures from 2020

= $1,087500 expenses

Enough money to last 3.4 years to April 2023

CALL A PLUMBER .....

Trinidad flowing more than expected or news about Morocco drill coming ?

Take your pick

BRING ON THE NEWS !!!!!