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Hi @Jeff, the share price will have to 19.2p to hit a market cap of £2bn based on current shares in circulation. The thought is mutual my friend, I would be able to retire early too and enjoy life.

We can all live in hope.

Good luck

Haha @Shouston. I see BOIL as one of them shares that I can safely tuck away and see the outcome in a year or so. I've done my research on it and feel confident with what I have read. I have traded BOIL since last summer but the recent increase in holdings in SundaGas was a catalyst for me to build a stake. A sign of promising things to come.

Just had 'another' cheeky top up to bring my total number of shares to round numbers :)

You're a legend @hopingforbags :)

Hopefully it will keep us entertained for the next few years lol

PS - are you in ADV @hfb. I am doing research into it today. Seems a good opportunity like COPL.

Great research and posts @hfb

Welcome @shaa

For those that are bored without COPL whilst it is suspended, come and join me, @hopingforbags, @Shouston, @Panamabob and others on BARON OIL (BOIL). Check out the LSE chat for @hopingforbags informative posts.

A very interesting mid to long term prospect.

Have a good weekend all.

Appreciate you doing the calcs @Shouston :)

Being a chartered accountant, please can you provide the methodology behind the basis of your valuation? I can then use that in my sensitivity analysis (i.e. my spreadsheet lol)

I really do believe in Baron and the mgmt team :)

https://www.erce.energy/latestnews/geology-and-production-in-timor-leste/

@Shouston - absolutely agree with you. I have had a cheeky £1k top up this morning.

At a price of 3.87p

Conversion notice of CLN of £950,000 by Mint Capital

@hfb - you've put thought in my mind that maybe BOIL are going for an RTO of SundaGas. It's certainly getting interesting.

15-Apr-21 19:05:18 0.065 469,000,000 Sell* 0.065 0.075 304.85k

Hi @hfg

How would you value the potential gas in the Chuditch gas discovery on production. My question is similar to how there are possible valuations for the COPL Atomic deal taking into account oil price, market cap of competitors, production, operating costs, etc.

I am just trying to obtain a view of potential market cap based on the information in the public domain.

Any insight would be much appreciated.

I currently have 9.1m shares. Not sure whether to make it 10m Lol

All the best folks.

I was hoping for a slight bounce this morning but it seems very unlikely based on the L2 data this morning.

Another way to think about it is that our market cap has remain unchanged from the £4m range since our increase in SundaGas a month ago.

Surely, there must be a rerate once the placement shares are in sticky hands to reflect our increased interest in Chuditch.

Have a good day all and keep your research coming @hfb :)

Appreciate your insightful posts @hopingforbags.

I've been in BOIL since last June (trading it) but given the recent placement and news of increased holding in SundaGas, I have started to build a stake in it.