Member Info for PageofCups

Confirmation the Board have underestimated the value of Ruvuma now ARA and TPDC want the 25%. Shame they never believed in it. It was always the case that if a fair price was not negotiated then the asset would be swiped from under the Boards noses. But if you never believed in the asset in the first place and were desperate then you were always going to get bottom price.

The proceeds of the Fundraise will also be directed towards securing a partner to help monetise the Darwin discovery. The liquids rich, gas condensate accumulation, has been independently assessed by Gaffney, Cline & Associates to contain contingent and prospective resource of 462 million barrels of condensate and liquified petroleum gas (report dated 15 January 2018). The Board firmly believes that the discovery can be commercialised for the benefit of all its
stakeholders, including both Shareholders and the communities of the Falkland Islands.

The Company expects that in the current year it will provide further updates as to how it intends to move to commercialise the Darwin discovery asset.

Let's be having it then.

So who wouldn't want a project that can produce 25k barrels of liquid condensate and gas per day from two wells at today's oil price. I say who wouldn't as the list is surely shorter than who would. I think the Board should update on where they are. They must be working on things.

Can we have some blue today..the price is ridiculously low for the current global gas crisis and the in demand asset BOR has. I hope the Board are progressing the data room and early production report asap and provide an update as per the circular for the open offer.

MM's scoping for stock..what's L2 looking like Gus?

The Board believe that the Darwin project can make a valuable contribution to energy security during the energy transition. It can be developed with a small environmental footprint, produce lower carbon emissions than many global alternatives and provide significant economic benefit to all its stakeholder.

Active farmout, data room open
Development options, facilities cost analysis
Licence / Discovery Area extension

LNG in demand...come on BOR!
https://oilprice.com/Energy/Energy-General/Europes-Insatiable-Thirst-For-LNG-Is-Causing-Blackouts-In-Developing-Countries.html

Let's have some buys please to push the price up before close. Won't take much.

Be great to have a blue finish with some buys before close..

Nice one Gus. MM's immediately follow with coded 700 and 500 trades. 700 = move the stock up, 500 = gap the stock up.

Need a few more buys to move up. People will realise they have no stock when we see blue.

Thanks. So someone wants them on the cheap. If only sellers knew this...they'd be hanging onto their shares like it was gold. Silly billy's. Its well over sold, so buyers should be able to work out what's happening....I feel news is coming.

Hope so Gus. Chart says it's well oversold and indicators signal buy.
What's L2 looking like then?

Let's have some more buys today. It's primed for a move north and not much will shift it.

I don't think it will take much buying to shift the price up.

Let's have some buys.

Is there a buy order in for 1m at 3p?

Definitely being manipulated...600 trade is code for apply resistance at the Ask. They don't want the price to rise on any buying...when it comes.

Trying to shake as many out with the slow drip drip, while someone is accumulating on the bid. I'm wondering if we have someone other than Calgary building a stake? Would make sense if he's stopped for now.

Can buy at 3.0315p now... they certainly don't want any buying as there is no stock.