Member Info for pauldrayton

Yes but they extend every time as long as BOR can afford the license fees.

You ought to inform Navitas that their project has been delayed by a couple of years Market-Dealer because they don’t seem to know.

Rookie,

Have a look through gus0’s posting history and his reports of interactions with Baker.

Here is just one, although there are many:

November 2024:

“New partner talks going well, from the top down I hear rather than from the bottom to the top. So discussions are being taken at board level right now with many companies”.

Board level discussions with many companies, and yet 6 months later none of those discussions are at an advanced stage.

Read into it whatever you like, I’m not telling you what to believe. I’m telling you what I think.

Experience Rookie.

I listen to what he says & look at what he does.

Some posters on here have also given clues.

Mogger, as I’ve said previously on here I wouldn’t trust a single word that comes out of Baker’s mouth.

Antiques of Woodstock

Congratulations on the rise Rookie, I’m pleased for you and all BOR shareholders who have made a profit. Believe it or not I actually want Borders to get a deal and develop Darwin, but I stand by all my earlier posts. The share price may have gone up, providing trading opportunities and profits for some, but the company’s prospects haven’t changed.

Rookie let me know when you add anything constructive to this forum. Anything useful at all. Until you do I would recommend letting others do the talking, and not try to control who posts.

You’re wrong Rookie. I haven’t talked it down, I’ve given an honest assessment of their prospects. I’ve made no comment on the share price and have said it could well rise in sympathy with any progress in the north. I realise you just like the nonsensical ramping on here, but I like to have a proper discussion about it.

I am interested in BOR Rookie, just not invested at this stage. I feel like I’ve added a lot more than you to the discussion too.

“the Group's financial advisor is currently seeking potential farm-out partners. Discussions are ongoing but not yet at an advanced stage.”

Some way off a deal it seems though.

This forum has become a discussion board for who has filtered who!

I can assure you that virtually nobody has anybody else filtered at all.

That’s from ZYX098 who has clearly had wind of the chat at the recent OTC in Houston.

I can’t verify it either way but he comes across as genuine and the timescale makes sense to me. Production start up at Shenandoah mid-late June, but September/October gives them time to provide more reliable information to funders on the production profile.

Might be a couple of months later than anticipated by some but it’s not really a delay, and it provides a bit more time for the OM outcome to land.

All good as far as I’m concerned.

Interesting discussion LTT & ZYX098.

I have to be honest I hadn’t considered FID on Phase 2 prior to first oil, mainly for the reasons ZYX098 outlines (first time oil will be produced from the region - will they want to monitor that to inform the second phase) but it’s certainly not impossible.

I think late Q3/early Q4 sounds realistic to me - provides some time to show a proper production profile at Shenandoah and secure finance. Also it gives a little more time to get an OM outcome for RKH.

Exciting few months ahead.

I think one or two people on here might have escaped from the asylum.

Market-Dealer, there was every reason for Ralph and others to be negative when the share price was sub 10p. Many delays & false starts from PMO, Harbour pulling out, no progress for years, share price in the doldrums, large paper losses etc.

You’ve chosen to be negative at a point when RKH’s future has never looked brighter. A resurgence in the share price, FPSO FEED nearing completion, Shenandoah closing in on first oil, a partner committed to FID this year, lots of positive industry noises etc etc.

But we all know why you’re being negative now - it’s nothing to do with Rockhopper’s prospects. It’s because you sold all your RKH shares when Trump announced his tariffs. You didn’t expect the share price to rise and FID to happen mid-2025 as planned. Now you’re doing your best to talk it down by pretending to know something, but really you just want to buy in cheaper.

Why the obsession with owning 100% as if it’s a good thing? BOR are clearly going to have to give away a percentage in order to fund an appraisal well and test etc.

It’s better to have a smaller percentage of something that’s heading towards production than 100% of something that isn’t.

ZYX098, it would be very bold to FID Phase 2 before Phase 1 is in production. Unlikely in my opinion but not impossible if another partner joins as you say.

Completely agree with your comments on BOR.

After nearly two decades of ramping Falkland oil & gas stocks, he’s gone short just as FID and first oil are in sight. You couldn’t make it up.

I don’t think he actually ever went short (fantasy trade), but he did sell out on the Trump tariff news and then watched the share price rise. He now wants to get back in but doesn’t want to pay more than he sold for, hence his latest ‘predictions’.

Bitter & desperate seems about right Ralph.

There are others in the same position but they’re not trying to manipulate others into selling for their benefit.

Agreed r1234.

The second Sea Lion FPSO and the Darwin East FPSO will just be ‘planned’ but far from definite - contingent on other events like first oil for Navitas and a successful farm out for BOR (plus FEED, funding & FID).

Navitas/Bluewater are only just finishing the FEED for Aoka Mizu, with the aim of getting it ready for late 2027. It’s highly unlikely there will be any other FPSOs actually operational by 2030.