Will be buying some more next week..this is too good to miss. Energy security is a huge issue. Falklands ticks so many boxes for future development..Banks have been relieved of ESG requirements to finance oil and gas projects..Oil companies need projects to ramp up production of liquid gas..BOR discovery is a prime asset not seen anywhere else, ready for quick development with minimum wells and huge payback.
RE: Good morning all..*THE TIMES*23 Jul 2022 13:54
Thanks for that article in The Times. As it says the Falklands is a bankable project and Navitas are hungry for more oil and gas investment in the Falklands so they could be looking at Borders bankable discovery. It's good that they are so keen. BOR can't be far away from a deal imo.
They were going to finish at 2.26/2.78 with a mid price of 2.52p down 0.135p.... but they kept the ask at 3.00. I guess they will finish 2.26/2.78p....2.52p on Monday.
I wish the Board would update us on what they are doing...it's surely in their gift now to deliver considering the countries that are screaming out for liquid gas Worldwide, and the problems they are facing. So much money to be made here.
The massive gas crunch that is coming will mean projects like BOR's need to be fast tracked. It's not even winter yet and today Japan has paid the most it's ever paid for a shipment of LNG. It's summer in Japan. If Governments and oil companies don't get a move on and start increasing production of gas, industry will go to the wall. Banks will collapse as companies go bust owing money. BOR is right in the middle as a part of the solution. Why the UK doesn't allow UKEF for Darwin is beyond me. It's a green project.
European gas likely to be cut off tomorrow. BOR's asset sits there waiting to add supply to the market. Darwin is low risk, high yield, quick payback project. They need to drill and get that condensate and LPG flowing for sale to Europe and the rest of the World.
They certainly need to update on farm-out activities and the independent early production report. I'd like to know if the data room has been opened and how many oil companies have been through and what follow up discussions are taking place. I presume GCA are doing the early production report.
Mr Calgary must be hurting. He's bought millions at much higher prices. Must be losing his clients a fair bit on this. Wonder when/if he'll be back at these prices.
Talk of rationing gas in Europe. It's crazy to think BOR has tonnes of liquid gas and condensate that can supply Europe and if only they drilled a a few wells and got the gas out they could fill up tankers and ship it and make tonnes of dosh.