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There's no pump here. This is just undervalued and has been ignored by the market. The price of oil, Ukraine and the supply crisis for oil and gas is what has been driving this, along with our buyer in Calgary and the Navitas farmout at Rockhopper. BOR's asset is in play.

If there is a cash offer for BOR at say 40p, you can bet it will flush counter offers from oil majors once it's made public. Bidding war?

Breakeven is <$35 per barrel. At $100 per barrel there is huge profit.

If you work out the current Mcap against the number of barrels in the ground at Darwin, it's 10 cents per barrel. Lol
Should be $2-3 per barrel.

Just backfilling the 6p before moving on to 7p. It went too quick through 6p yesterday so needs to test the area before moving on again. All good, imo. Strong and long.

$1bn is a fair price. 130p a share??

Mr Calgary is still buying. He ain't selling.

So just how did BOR make it's discovery then? They got a rig went down there and drilled. Discovered 462MMb of much needed LPG and LNG..hard work has been done. A major/super major will have no problem. Especially now technology has moved on. Watch and learn.

Good sign that 2m buy. Mr Calgary?

Yanks dialling 911 emergency. Be an interesting afternoon when they wake up?

He's mopping them up at 5.5p

Mr Calgary will be buying more. Expect another Holdings RNS at some point.

Super majors are looking for high margin low risk basins to farm into. Borders fits the criteria. No doubt due diligence is being done by partners as we speak.

I think Mr Calgary is buying another 1,000,000 pdq.

Paying full Ask now, 0.85p. Leaky.

I see they refine oil and have heavy oil sands in Canada. Maybe they need some of the Darwin condensate for blending. Calgary fund connection is interesting.

Look a good fit if so.

BOR have missed there own financial calendar for the AR. It's either due to the open offer or something else. The management very quiet. It's as if they are keeping a secret.

The results will certainly be interesting around the drill site. If the Jurassic images as an oil leg then there really will be a lot of anticipation. If it's a deeper gas prospect in the Jurassic to then it just adds to the gas already in place making it a huge bonus.

Yehh I think so. They should give 3D results around the drill area first. They are drilling CH-1 in 6 months. The data will need to be fast tracked. I guess the rest of the seismic will get processed later for the follow on drill locations.