Member Info for RiseAboveTheRest

Hope you took your profit before that drop!

Speaking of “dog of a share”, have you seen purple bricks today AIMshootkill?

Currently -46%.

Only a 🤡 would invest £10k+ in a stock they think is a “dog company dog stock” or “dump”.

Makes me wonder why you invested in the first place. It’s your decision to invest at the end of the day. Just because you’re down at the moment, doesn’t make it a “dog stock”.

It says “by November”, that doesn’t mean a decision won’t be made until then.

“The head of East Timor’s national oil company said he expects a decision by November on whether to pipe natural gas from its offshore Greater Sunrise project to the Southeast Asia island or to Australia for liquefaction and export.”

27-Apr-23 10:15:56 0.11625 17,205,109 Sell* 20.00k O
27-Apr-23 10:15:45 0.12 833 Buy* 1.00 O
27-Apr-23 10:15:45 0.12 833 Buy* 1.00 O
27-Apr-23 10:15:45 0.12 833 Buy* 1.00 O
27-Apr-23 10:15:45 0.12 8,333 Buy* 10.00 O
27-Apr-23 10:15:45 0.12 833 Buy* 1.00 O
27-Apr-23 10:15:45 0.12 833 Buy* 1.00 O
27-Apr-23 10:15:45 0.12 833 Buy* 1.00 O
27-Apr-23 10:15:45 0.12 833 Buy* 1.00 O
27-Apr-23 10:15:45 0.12 833 Buy* 1.00 O
27-Apr-23 10:15:45 0.12 833 Buy* 1.00 O
27-Apr-23 10:15:45 0.12 833 Buy* 1.00 O
27-Apr-23 10:15:45 0.12 14,170 Buy* 17.00 O
27-Apr-23 10:15:28 0.11675 17,128,384 Sell* 20.00k O

Why is that strange, Vetta?

Toptuf, people are going to be positive / optimistic about their investment, especially when there is no reason not to be. Just because we haven’t had concrete news so far, doesn’t mean things aren't going well. Everyone has their own views and will make inaccurate predictions at times. Just have to ignore them and trust your own decision.

Imo, things are progressing in the background. The elections are coming up and the deadline to make a drill/drop decision is in June, so hopefully we’ll receive some positive news over the next couple of months. Of course it’s not nice seeing the SP at these levels but just have to remain positive and hope the bod share any updates as and when they have them (they’ve been better with communication recently which is positive).

Surprised you’re still invested toptuf, if I was as negative about this share as you, I would have cut my losses a long time ago and moved elsewhere.

Will be*

Share the reasons why you think there is a placing and I’m sure people will listen. Coming on here and saying “placing in progress” with no additional reasoning to back it up, of course is going to attract negative comments.

Do you not want it to go higher then, Toptuf? And what’s the sign that it won’t?

I don’t understand why anyone would be negative about a share they’re invested in …unless there is bad news of course. It’s just a waiting game here. We haven’t had any bad news so I don’t understand the concerns.

https://www.ft.com/content/913db0ed-ccb6-4cde-8d39-f1f78b1240f5

“UK government expected to offer energy companies windfall tax relief”

https://dailybusinessgroup.co.uk/2023/03/windfall-tax-to-be-relaxed-amid-falling-prices/amp/

“Windfall tax to be relaxed amid falling prices”

Also, as mentioned on here several times recently - ignore the buy/sell figures as it’s pure guesswork on some sites.

Vetta, what made you invest in BOIL? I do wonder why someone like you invested in the first place. Any genuine investor who’s done their research would be confident in their investment and wouldn’t worry about the SP fluctuations each day, unless of course they're trading or need the funds.

Well said Spotify. Makes you wonder why people invested in the first place. Clearly don’t follow the company or the updates they’ve released recently, otherwise they’d be positive about their investment.

Vetta, you should ignore the noise on here. If you invested here off the back of your own research, and not because of what an anonymous person has posted, you should be confident about your investment.

Boil are in the best position they’ve been in for a JV/ sale. Expect the SP to fluctuate until news but don’t let these drops affect you. You’ll notice all the trolls appear when the SP dips and then disappear when it rises. Worst thing you can do is watch the SP each day and let the negative comments affect you.

What’s brought on these comments? The drop in SP? I understand the frustration with that but why take it out on the bod? Last couple of months have been really positive in terms of news.

Baron updated their website in January (see tweet below), have improved PR a lot recently (sharing updates on conferences etc) and even hit the deadlines they proposed for releasing both CPRs.

https://twitter.com/BaronOilplc/status/1620767905720983552?s=20

Oscars1, sorry, I’m confused - are you talking about Baron updating their website?

Toptuf, I agree that they shouldn’t, but your comments can put off potential new investors. Old and new investors come here to find out information / discuss the share. I understand the concerns about the questions, but there may be valid reasons why they weren’t covered (NDA).

Toptuf,

“Nothing happening soon, down we go.”

Can you not ask questions without unnecessarily throwing in a negative comment? Of course it’s not nice seeing the SP drop but being negative about it isn’t helping. Just because the SP has dropped doesn’t mean things aren’t progressing in the background.

Re: Appraisal Drilling - this is from the most recent CPR RNS:

Jon Ford, Technical Director of Baron, commented:

"The independent assessment of approximately 1.1Tscf of gross Pmean Contingent Resources for the Chuditch-1 discovery is a major milestone, underpinning the potential commercial viability of the asset and highlighting its attractions to potential future participants in the Chuditch project.

"Following the recent fund-raise we have a well-funded balance sheet for current operations, with current work commitments on both the Timor-Leste and UK P2478 assets largely complete. Our focus now is on assessing the viability of drilling for both a Chuditch appraisal well in Timor-Leste and a Dunrobin West exploration well in the UK."