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That's very useful thanks. I see SP has moved up again to 65c or 35.5p on a small trade. Now recovered 75% of the pullback. LOL

Demand picking up on TSX too with 95K shares taken at full ask. Good.

No chance. $100M would only be 44.6p per share. No TO here until at least one well drilled on Orinduik and then I expect a bidding war as per Cove. The rewards here could be immense.

I totally agree Cebo.

This was way oversold the last few weeks despite announcement of major Pacora-1 discovery right next to our block. This looks like an excellent entry point prior to the CPR, which should be very tasty. GLA

to close at highest for almost 7 weeks.

Now more than 20% up from last weeks low and above LSE price.

Expecting delivery of final chunk of processed 3D anytime then clock starts. CPR already underway. I see we're now back at the Afrcia Oil entry price of 29p. Price drop seems very engineered. MMs will take a huge quantity off me at this price, but will only sell me 5K shares. Suggests it's time to start adding back. GLA

Smart purchase Tyro. SP a tick or so over cash per share with 3 wells lined up this year is ridiculous.

I expect the next news will be farm out of our El Barco-3X drill and rig contract signing. Given the CEO is visiting Peru this month I expect this will be announced very soon.

there from 10:57.

Thanks. I hadn't heard that. Even if the SE Asia deal doesn't go ahead BOIL already has plenty of catalysts lined up to totally transform the company. Perhaps it might be better for them to focus on their current porfolio for now in any case.

Without doubt one of the most egregious examples I've ever seen. Sell liquidity on the way down has been atrocious.

That makes sense although we are waiting for an upgraded CPR both in terms of number of targets, first targets in east of licence closest to Liza-Pacora fairway, resource size and COS. The recent broker targets were based on old input variables and I expect to see massively uprated notes issues as soon as the CPR is released with pre drill SP targets of over �1 based on Guyana alone. We are also waiting for Total farm in confirmation and payment of an extra $12.5M. Once that happens net cash will be about $30M, which is enough to cover ECO's share of drilling costs for as many 7 wells on Orinduik. If TLW gives the nod on Namibia we get free carry on a well there too. We have news from another 20 wells on the Stabroek block to look forward to this year and some news from Namibia. The sudden drop in SP does make me wonder if Gil has been appraoched with an offer of more cash by an interested party. Can't see them being let in below Africa Oil's recent investment price of CAD49c, which we bounced off last night. Only time will tell, but having looked over releases and documents again last night I can see nothing but huge positives going forwards. GLA

I still reckon it maybe something to do with Sarawak gaining the right to execute it's own oil and gas deals as per UPL board. There has been some momevent on that front in the last week as mentioned on the ADVFN UPL board. Still, the lack of interest in BOIL at this market cap is remarkable with or without another deal. Definitely one of my top picks for 2018 and I'm even more confident after reading today's presentation. I for one will be adding on any weakness. I'm fully expecting 1.5p plus in Q3.

Agreed. The Asian deal doesn't sound very likely, however with the planned newflow there is still plenty of scope for this to multibag from these levels regardless of what happens with the Asian deal.

That's not the main issue. I bought at 1.25p just before the rally started the other day. I could sell at 1.55p on the close, but haven't been able to get a quote to sell ANY shares on the way down. Multiple brokers on the bid every time, but can't even sell in NMS size. This is totally out of order.

MMs now willing to buy more shares than they are willing to sell for the first time in ages. Good sign we're getting near the bottom.

The first three trades today looked like buys and now a 50K buy from 09:05 pops up at 33.3p. LOL This is getting ridiculous. Down on very little volume again, most of which is buys. The 25% pullback looks very contrived as did the pullback to 22p following the Africa Oil investment at 29p. Sell liquidity was almost non existent then too, yet as soon as it turned it went through the roof. I think some important folks want in. Note that the free float is only 47%, and will be even lower if we exclude certain large shareholders with sticky hands. To buy in size in the secondary market will require other shareholder to cough up their shares. I think we're seeing the effects of that in the SP. Nobody will be getting mine till the SP is well north of here. GLA.

http://www.baronoilplc.com/docum/Proactive_Investor_conf_031418.pdf