Member Info for orangepips

should be able to get 0.06 in a week or so.

It was jolly nice of Shell to give up such a dead cert of a project and let a minnow have it for peanuts. Must remember to thank them sometime. In the meantime i suspect this will drift down, like every other time. The big thing for me is reliquishing Colter. That's a kick in the nuts after all the hype around the colter south 'discovery'

Where are you expecting drilling in 2021?

You're going to need to be here more than 2 years if you want to see any drilling I suspect.

good to see the level of in depth analysis on this board is as high as ever

Hmm do you even read other people’s posts?

Always makes a smile when people say expecting news on XXI next week.. it's like 2006 all over again. One of these years someone will be right..

Avo,
The aggregate of the other people in the market your punter dealt their shares with 'gets it'
Things are only worth what people will pay for them..
if for example someone offered you £20k for a can of coke and you sell it to them, it doesn't mean they'll be able to go and sell it to someone else for £20 does it.

So massive dilution was easier that the RTO then, can't wait to see who the subscribers were, as if we don't already know..

True, but the news was still positive (and enough to justify a small rise) It just wasn't positive enough to justify the massive rise we saw. That's what made the pump and dump work so well, because there was some of substance to exaggerate.

The narrative around the $300 million Shell valuation was well orchestrated across many pumpers accounts on different boards, and full of half truths / complete nonsense.

Yes - it was a classic pump and dump, albeit quite a good one.

If you were sucked in, best option is to wait until the next one, they usually happen every 6-9 month with BOIL.

you'll be allowed to buy too

No sorry if i've misles anyone. We have no interest offshore Peru, but my point was long term holders were waiting a long long time for some action on Z34 and BOIL have spent a lot of money in the area before relinquishing interest a few years ago. Nice to see finally some activity in the area albeit not BOIL. It's never been mentioned since relinquishing, but BOIL must still own a lot of survey data for the area. It was always considered success on Z38 would mean more interest in Z34.

good to see drilling is about to start on Z38 peru. Be interesting to see what's down there after all these years. I do still wonder if all the data we've got on Z34 might be worth something to someone on day.

Does anyone know the value of BOILs losses over the years that the new company can offset against tax going forward?

My prediction is market cap will likely be approx 8-9M after the RTO, ( plus what ever cash they fundrasise, but obviously exisiting shares will be diluted by the same amount)

No doubt everyone will disagree on here, but lets see before telling me i'm stupid or a deramper, or both.

so much complete nonsense been spouted on here today. Some posters not happy with just exagerating facts, they're just blatently making **** up!

Lol - I don’t understand why people have to either be a “ramper “or a “deramper”. Why can’t someone just be a genuine holder with a genuine level of caution?

to clarify, the 40k was too low. monies paid to Sundagas according to accounts were:
2018: 38k
2017 : 90k
2016: 81k

Guess I’m glass half empty and everyone else if half full. I’d be happy to be wrong.

More detail needed.