Member Info for MrMarketMaker

Also it has never been cheaper to drill a well than now . The price has fallen dramatically and that’s a opportunity for big oil companies or actual service companies .

Creative upstream solutions should be seen as a positive because nothing but failure is priced in so any successful outcome will pay off handsomely for anyone buying in sub 1p which is a £3m market cap .

I’m sure you would agree with that because it’s common sense . Borders would go through the roof if any partner was found .

The BOD wouldn’t have taken a massive wage cut ,. They wouldn’t do this if they thought they wouldn’t get a farm in partner.

BPC is another co that has just got a farm in partner in this market and BOR has 465m barrels of light sweet crude that will flow 90,000 barrels of oil a day with a 3 year payback time. This is why they will attract a farm in partner.

A total no brainer buying at this level £850 (100k shares) could easily become £30k-£40k before the drill bit even turns again .

ATB

You could say the same about Sea Lion , it’s taken a long time but they have got /will get Navitas as a new farm in partner and as in a previous post , this is being done when the oil price is low .

Oil Prices move in cycles and it will rise next year so there’s your reason to
Invest . The bod own over 10% of shares in issue and they havnt wasted all these years working on Darwin for nothing .

There could be a lot of OIL under Darwin , and imo Borders have the best acreage in the Falklands (fairway play).

The best time to buy is when you get the most shares for your money . You won’t get a better time than now, so It just depends on your risk profile if you decide to
Invest or not .

If it’s not for you then fair enough but I’ve gave you reasons for investing and reasons why a farm in partner would find Borders commercial well Darwin attractive.

ATB

https://total-market-solutions.com/2020/06/03/rockhopper-exploration/

Note :-

Borders and Southern appear to be the cheapest cab at the rank in the Falklands with a market cap of £3.9m, the company announced that the board had announced an administrative cost reduction. Borders also highlighted there intention to progress farm-out negotiations with there prospect inventory updated to include smaller pools close to the Darwin discovery, Borders had $3.7m in the bank at the end of 2019 and look good value at 0.85p

Strict cost control – the company has always maintained a highly disciplined approach to financial management, with low overheads and careful deployment of capital, but the Board has outlined further measures:

35% reduction in Executive Directors salaries 25% target reduction in 2020 expenditures

• Enhance project attractiveness – revisit sub-surface evaluations, project engineering, economic inputs to project economics such as drilling and development capex requirements

• Explore all possible partner and funding options - assisted by an investment bank we will continue to investigate all conventional and creative upstream solutions

Attractive fiscal regime - 9% Royalty, 26% Corporation Tax
• Large discovered resource – 462 million barrels of recoverable
liquids (contingent and prospective) – independently assessed
• Low risk, straightforward, appraisal programme
• Conventional deep water FPSO development - partial or full
field development options to be considered
• 49o API condensate and LPG
• Initial Production > 90,000 blpd
• Break-even oil price < $35 per barrel
• Short project pay-back time – less than 3 years
• Expansive portfolio of growth options

Look at Sea lion details

https://en.mercopress.com/2020/05/01/rockhopper-premier-and-navitas-lp-confirm-falklands-sea-lion-farm-in-agreement

Watch the Falklands come alive . Bor is priced to fail with nothing priced in and I fit one see a opportunity to buy when no one is interested.

All the weak investors have been flushed out so you won’t get a better price to buy in size.

POO will go up next year and will keep on rising which will put Bor in a much stronger position .

Ultimately Bor gets a farm in partner or goes bust , they have enough cash to last till April 2023 so that isn’t a issue .

Farm in and appraisal drills and this will be 30-40p easily . Of course there’s a risk it won’t happen but with every share there’s a risk .

The risk reward ratio is well in favour of the bulls buying now and that’s why Daniele Partners investment company bought 65m shares earlier in the year .

This is taken from their website :-

Investment Philosophy:

Our investment philosophy emphasizes capital preservation. In short, we believe that the price at which a security is purchased is the most important factor in mitigating the risk of permanent loss of capital.

Furthermore, we believe that the discipline and patience to only invest in securities at a price which offers a sufficient discount to their realizable net asset value (what we term RNAV) offers the most appropriate framework to mitigate the risk of permanent loss of capital and thereby generate positive returns in any prevailing market environment. loss of capital.

I make them right , the most important thing is when you buy and NOW is that time !!!!

ATB

Rkh will get sanctioned next year , the Falklands will be back in favour and guess who will benefit from that ?

Tick - tock ....more people will cotton into this. Not if but when

Darwin costs are below $35 and it’s all about poo rising . Which it will next year , and that’s the reason why you can buy now at 0.79p ish . It’s priced to fail with a £3m mkt cap.

Time to buy is now not when oil rises . That way you make the most money and that’s why I’m here and fully loaded.

Keep watching because it’s only going to rise .....

Cheers

I obviously wind you up Phil because you keep mentioning me in every post .

LOL

I would be angry if I had your average .

All new BULLS are buying at exactly the right time unlike yourself when you bought sky high

These LTH are frustrated and don’t want anyone buying because it makes them feel better about their huge losses .

I bought my 3.5m from a distressed seller (which was VERY nice)

And the price will just keep on going up .

Just wait and see .....

BULISH DIVERGENCE is showing us that things are about to turn really bullish as the bears have lost power (run out of steam).

WHERE MY BULL AT ?

DYOR

I’ve got 3.5m at 0.8p and I’m not a trader like you . This is a long term hold until Darwin starts flowing and beyond .

I’m going nowhere so you better get used to it lol

Keep crying and moaning LOL
(Like I care what you stale bulls think?!)
PMSL

STRONG BUY HERE
BUY LOW ON FEAR WHILST ITS QUIET!

You’re making a habit of this now :)

Perspective21 Aug 2020 02:11
Morning, readers of the PRD BB,

I have been clear that I am stopping posting on this BB.

RROFL - I hope you mean it this time !!!!

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

I’ve done all my research !

Nice one Aimgambler

Appreciate it mate !

ATB

PMSL .

Make way for the new BULLS who have bought in way cheaper than you lot !!!!

If I was you , I would be angry and frustrated as well

Shame really :)

I explained it once to the stake bulls (lol) already but they have a selective memory (surprise surprise)

MrMarketMaker
Posts: 1,766
Price: 0.615
Buy

So that investors know29 Aug '20

The 65m sale at end of April was a cross trade (transfer of shares and. It a sell at a tenth of a penny). The market makers confirmed that it wasn’t a sell so the all time low remains at 0.57p .

The 65m trade was transferred to Damille Partners Limited and Bor was updated on the 30th May about the transaction.

We are coming near to the apex of a descending triangle which hopefully will be a bottom reversal breakout pattern.

Bor is a punt on the price of oil rising and if you believe that’s the case then you won’t get a better chance to buy than now (sub 1p) .

The market is pricing Bor totally wrong (£3.6m mkt cap is totally undervalued considering our asset is 465mb of condensate / light sweet crude).

This is taken from Damille Partners Limited website :-

Investment Philosophy:

Our investment philosophy emphasizes capital preservation. In short, we believe that the price at which a security is purchased is the most important factor in mitigating the risk of permanent loss of capital.

Furthermore, we believe that the discipline and patience to only invest in securities at a price which offers a sufficient discount to their realizable net asset value (what we term RNAV) offers the most appropriate framework to mitigate the risk of permanent loss of capital and thereby generate positive returns in any prevailing market environment.

IF the price of oil rises and BOR gets a farm in partner , buying at today’s price could prove to be one of the best investments you would ever make and I don’t say that lightly .

Of course you could loose the lot but that’s the same with any share .

ATB and DYOR

Zzzzzzzz

Getting quoted

100-0.848
250-0.89
500-0.9194
1m-0.9686

GLA

Getting quoted:-

100-3.52
200-3.6744
300-3.7
400-3.7