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Sounds Japanese. They fitting out, modifying an FPSO?

So who's this guy. I'm not on facebook so can't open.

Junpie Kiyoshi

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Junpie Kiyoshi · Pipe construction director at Borders & Southern Petroleum plc · Professional Welder at Freelancing Contractor · Former Pipe line welding director ...

Calgary could start buying again. He's missed out on a chunk of shares. Won't like the competetion.

Gus, The holding are dated 30th December 2023.

Yeah agree on the website. Needs refreshing and promoting.

Look at the major shareholders on the website. You can see Mr H Mason's holding @ 4.7%.

https://www.bordersandsouthern.com/investor-relations/share-price-information/#major

Gone from 34,350,000 shares (4.7%) to 52,766,500 shares (7.22%)

LTT - Rest assured, shareholders and the market will be the last to know what's going on. You say if anything was happening then people would be buying 3.5 - 4.5, even 5p a share...well, that's exactly what's been happening. Alan Brimacome has bought 75 million shares at those prices and is still continuing to buy and is not stopping at 10%.. It kind of answers your question I hope.

Brimacombe buying at this price when he's up you'd think. About 1:30pm.

We only get rumours with this share, so any sourced info should be viewed cautiously, however what goes on in the background will come to fruition when all the details have been completed. Until then, the company can't say anything. Obviously the likes of Alan Brimacombe who has 10% will be more clued up and the fact we have a new CEO who is a finance specialist for oil and gas can only mean that BOR are in finance negotiations of some sort. Bonds, farmout, sale, any one of these options monetises the asset, so it's all good imo.

A great buying opportunity on this no volume drop will quickly push the price up.

Robsaunders99 - Heard anymore about BOR farmout ?

2nd hand source, and no.

Buffit. I can't tell other than a 2nd hand source who has contacts..sorry can't be more precise.

Scoredagain, I believe Navitas bond issue as part of a farmout deal for their share with BOR's own finance piggy backed on the back of the farmout deal allowing BOR to fund retain a bigger percentage. If RKH join in, then funding less onerous.

I've heard it's a 3 way partnership with BOR, Navitas and RKH. BOR also getting in on Sea Lion as Navitas are looking for a third partner and if BOR can get finance for a share of Sealion it helps out Navitas to do a deal with BOR. RKH have a slug of cash coming from their arbitration which they can use to partner with BOR along with Navitas..Basically the whole of the Falklands is going to be sewn up with a tri party consortium operated by Navitas. It's a huge deal and Baker is working on the money side for BOR.

Don't think Obee was pushed out. He's been the brains behind Borders for 20 years and co founded the company based on his expertise. Made a basin open discovery with the first well. That sort of success is Exxon like. If he was really that bad he would of gone a long time ago. As for Baker, I don't think he's a qualified petro geologist or petro engineer, but is an equity capital raiser and money funder for oil and gas projects/companies. He's either raising capital for Borders to leverage discussions to get a good farmout deal with our share of funding for a higher percentage, or a sale of the company. The fact Obee has gone, means the geological and engineering expertise is not needed, so either a partner is stepping in to take operatorship as part of a farmout, or it's a sale of the company. There's a potential bond issue, but Borders would need a geologist and engineer to oversee operations if keeping 100% of the asset and Obee would of stayed. Obee going points to a farmout and transfer of operatorship or a sale.

Anyone contacted the new CEO and asked what he's doing?

Where are they going to move the price now??

Nothing doing at these levels.

Navitas steadily moving ahead in the Falklands with 10,000 sqm of laydown area office accommodation etc being constructed. Mud for drilling has been ordered along with other long lead items.

Nice buy Rookie. Just need some news. It can't be far away.

Something needs to light a fire under this..or someone. A watched pot never boils as the saying goes..

The heat has been on for a while.

Oil powering ahead

Where are they going to finish this today?