Member Info for nlmbidc

I like the current board as well. I have a lot of time for Bill and Malcolm. If BOIL can buy in to a couple of companies for a 50 percent stake with drilling in the near term the SP will fly. Hopefully some news next week.

Share price down to junk status. Very sad. Company have a great asset that sadly requires £300 million to complete. Need to sell the asset to a major.

I'm out.

Good thing is we have a relatively large sum to invest. There will be a lot of AIM companies contacting boil with requests for investment. We just have to assess all the possibilities and choose the best one for income / growth.

Seems to me that there are some good options for the board and major shareholders to consider outside of the oil and gas arena. Could be a fair bit of buying on Monday.

Hopefully that's a very astute move. I think there will be some kind of RNS update very soon. Not sure how much they can tell us until its over the line though.

Or proper job!

Boil already have the escrow money in a reserved account. Perupetro can have a legal call on this money (potentially) but UOGG do not. Should be news on this by Monday.

Based on what?

Early next week for an update on the escrow money. SE Asia may go over the line at anytime ..

I managed to get 3 million a 0.34 pence

Try 1 TCF.

It will rocket. That's what'll happen. When will the news come though?

On XX1 drill and SE Asia.

Reggie72, Yep. The idea is for a PSC for 25%. The cash we inject as well as that from Sundagas (also 25%) will be used to increase production significantly.

The proposal is for a 25% profit sharing contract for funding further drilling and gas production. We need the SE Asia deal over the line then we will become cash flow positive.

Worth every penny

Its because there was double the amount of trades to a normal day.

Are you sure?

https://m.gestion.pe/movil/empresas/perupetro-negocia-dos-empresas-exploracion-petrolera-que-zonas-genera-interes-2201673