Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
Yeah, certainly looking more lively today.
120m volume and it’s only just past 9am.
CDF, agreed 😃 although I think they could improve comms a bit, like sharing news about recent / upcoming meeting etc. not talking necessarily about market sensitive info. Plenty going on behind the scenes so there must be some details they can share!
Considering the catalysts that are due this quarter, I’d be surprised if the MCAP doesn’t reflect the progress before April.
Https://x.com/share_talk/status/1720821523882147995?s=46&t=dBEUr060C2V_rrjFRsmkxA
“Weekend Read 🔖@BaronOilplc is the next catalyst coming? Shares of #BOIL are rising sharply after months in the doldrums. Several catalysts are approaching concomitantly. Yet the big question - Are we in the endgame now?”
Good find CDF 👌 certainly positive.
Just need BOIL to start sharing updates with investors.
Great write up by Charles Archer:
https://investingstrategy.co.uk/stock-tips/baron-oil-is-the-next-catalyst-coming/
That was a great find filthy 😃 certainly positive. Great to see things progressing and as Passiton said, hopefully we’ll get confirmation on the drill over RNS SOON 😃🤞
Https://x.com/baronoilplc/status/1719405120146874453?s=46&t=dBEUr060C2V_rrjFRsmkxA
No problem Kerosene, I understand. Does get frustrating waiting for news.
Just seems a bit strange that they accelerate negotiations / talks and then postpone the conference. Why would they postpone it if nothing significant has changed? Hopefully it’s postponed for good reason.
The good thing is, negotiations are now accelerated. 🤞we get some positive news from it.
Also have several other potential catalysts we are expecting to hear updates on before the end of Q4.
Thanks for adding to my post passiton. Really appreciate the detail you go into 👌
Noticed you both invested in UPL last week.
Nearly did the same as seems like they’ve got upcoming catalysts like BOIL.
However, I was surprised to see this —> https://stocks.apple.com/ATSFc8k0OTYuI5lT3f62VmQ.
“Shares in oil and gas explorer Upland slide after phantom offer”
“ A purported takeover approach that led to shares in Upland Resources trebling in value at one stage last week was “not bona fide”, the oil minnow has admitted.
The company’s stock plunged by 41.3 per cent to less than 2¾p yesterday after it said that the possible 14p-a-share offer it had disclosed and rejected a week earlier was not all that it seemed.”
Hope you’re both OK and it comes good for you (I’m sure it’ll recover soon).
I’ve just topped up more BOIL as all I can see is upside from here.
*There is progress being made with the North Sea developments
Just a few updates we’re expecting:
John Wakefield, Non-Executive Chairman, commented:
"All of our efforts are currently focused on the Chuditch PSC drilling decision to be made late in 2023 for a Chuditch-1 appraisal well. We are making good progress and are in advanced discussions with a number of potential funding partners. We look forward to updating shareholders as soon as we are able."
Metinaro FID update - due Q4 (Nov?)
Chuditch drill or drop decision - due Q4 (by Dec 18th)
New Ventures
Baron continues to pursue additional new venture opportunities, to enhance and complement the existing portfolio. In particular, we await the outcome of the UK 33rd Round of Licensing where we participated in a licence application as a non-operating partner. The NSTA has recently indicated that any offer would be made before the end of 2023.
Baron entered the latest North Sea bid round, so we’ll probably hear updates on that at some point.
There is being made with the North Sea developments:
https://www.telegraph.co.uk/business/2023/10/30/energy-minister-hails-north-sea-expansion/
Chuditch JV / Sale talks ongoing
Check out - https://x.com/boil_unofficial?s=21&t=dBEUr060C2V_rrjFRsmkxA
Why hasn’t it? You don’t know the reason it’s been pushed back. It could be for positive reasons.
What makes you think they lied Ian? They have been pretty clear that further updates will be given in Q4.
Tbf to them, they may have shared all the details they can up until now (NDA’s). We’re expecting news at some point this quarter, so it’s just a waiting game. The bod will release news as soon as they can, as mentioned in the previous RNS.
Just remember, good things come to those who wait 💰🤑
Maybe I misunderstood the last RNS 😣 I thought that was for Chuditch-2 appraisal well.
The RNS on 25th September stated:
"All of our efforts are currently focused on the Chuditch PSC drilling decision to be made late in 2023 for a Chuditch-1 appraisal well. We are making good progress and are in advanced discussions with a number of potential funding partners. We look forward to updating shareholders as soon as we are able."
Great research Passiton. Hopefully the bod will provide some updates soon.
Apart from the FID next month and Chuditch drill or drop decision by Dec 18th, is there anything else we’re expecting Q4?
#pregnantwithnews
Remember passiton saying the other day. Just found the comment …
“ So the eternal rounds of JV talks (some years 10-20 meetings) have gone round and round in circles, Woodside wanting Darwin or FLNG, which when proposed by Shell, Woodside adopted as its primary also, over its own built Darwin plant.
They (as in OZ/Woodside) have known, it can be done at risk/cost, since the 90's, they have also known, the Island have had only 1 option on the table, its ours, it comes to us BUT no money to do it themselves and no International support for the OLD plan. That has changed in the past month, China and Xi (Mr BRI) Signing off on support , others in the region and the middle east , also looking for broader development co-operation with TL, mentioning Oil and Gas.
That will now bring Woodside to the table, as it has now become, a use it , or LOSE it scenario and at the end of the day if it costs a bit more, so what, Greater Sunrise is Sunrise 5 TCF+ and 225-250mb condensate (Troubadour) estimated pre gas price boom, worth $60-$70 BILLION over its operational life span (30 years max) at the Oil and Gas conference in 2021 what is that in current prices ?. Certainly not something, most companies would want to walk away from.
JV Talks this week, Meg is now sitting looking at her laptop, feeling like Jeff Goldblum, TIMES UP !!! 😉😂”
Also found this too - https://en.tatoli.tl/2023/10/13/npa-timor-gap-and-australia-to-begin-negotiations-on-greater-sunrise-project-next-week/09/
Aren’t the JV talks happening this week?
Also, a drill or drop decision needs to be made by 18th Dec too (IIRC).
Non-executive chairman John Wakefield noted: “All of our efforts are currently focused on the Chuditch PSC drilling decision to be made late in 2023 for a Chuditch-1 appraisal well.
“We are making good progress and are in advanced discussions with a number of potential funding partners. We look forward to updating shareholders as soon as we are able.”
“Now finally an RNS says we need to finance the drill so here we go, no money and no external interest, so I will sell up once I make my £30.
You can stay but there is no point in anymore posting on this BB until Dec 2024 as nothing is happening until then.”
😂 you are a fool Jedster. Listen to yourself. Sound like a little kid.
It’s clear you don’t know anything about this share and got sucked in at the last pump, bought in at a high price and are now sitting at a loss. Don’t blame the bod just because of your poor investment decision.