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Kever - by reposting the exact same misinformation on the boil bb today which you made yesterday is not classy at all mate. It makes you no different to Santiago. You could be forgiven yesterday but we've told you now that Santiago is not a genuine boil shareholder and deramps that the second he sells and then starts pumping nonsensically. Please do as we do and that is continue reporting him. If we wanted to we could respond in kind here but it will be disruptive. So lets not & atb
Santiago - you are lying. The last placing was in Dec & Feb here.
Kever - please refrain from spamming the boil bb just to hit back at Santiago. You were told yesterday he isn't liked over there either as he does the same thing. Lets not disrupt the bb's. Please be considerate. We'll continue to report Santiago if you could all do the same as well and write to info@lse.co.uk
Because we're not stupid and its absolutely misleading and complete nonsense. I told you yesterday Rob Collins only joined VOG in the August of 2020 and by April 2022 a mere 18 months later VOG had a ruling against them for circa $12.1m, legal proceedings which commenced in 2018 relating to royalty payments dating back to 2016. Nothing to do with Rob. You also seem to know nothing about BOILs current management or asset base, yesterday you thought we were drilling for oil.
Anyway. Your motive, yesterday you could be forgiven, you posted on the TRP BB that Santiago was constantly deramping TRP so you said to him you'd do the same to one of his holdings, BOIL. Except we told you that he isn't a genuine shareholder and deramps BOIL as well and that you can look back at posting history here. That ought to be enough for you to desist from posting here. It's not classy.
Can you stop spamming the BB with absolute nonsense please, copy and pasting a post from yesterday we've already responded to is just cringey and desperate on your part. We have no interest in TRP here but wish you well with it. Your beef is with Santiago, we dislike him also. Like you we can only report him.
BOIL from 6mins 50secs
https://twitter.com/Share_Talk/status/1787131400023626142?t=YDuD0_gOlIDW5PzcpkqHIQ&s=19
Kever - reposting your post from the TRP so BOIL shareholders can see your motives for posting here. The funny thing is we can agree on SANTIAGO. He is a clown, unfortunately can only report the idiot, up to admin to ban him.
Kever
Posts: 1,477
Price: 0.0215
Strong Buy
SANTIAGOToday 16:56
We all know you think TRP is pants. Yet you need to post our views on a bank holiday weekend in a share you don't hold. if you think JA has told lies then pass on all your evidence to the FCA and the SFO.
I notice you like BOIL. Thier market cap is 4 x TRP's and they are years away from commercial oil if they find any that is.
Are you also aware that the new CFO of BOIL is the the former CFO of Victoria Oil and Gas which went bust when Mr Collins was CFO ? Any thoughts ?
Given your childish behaviour here I will now do likewise on the BOIL thread.
Kever - i've just checked the TRP board and seen your post regarding SANTIAGO, that you are posting here on the BOIL bb because you dislike him because he's been deramping TRP. Can i just make it abumdantly clear to you that no genuine BOIL shareholder here likes SANTIAGO either. He deramps and ramps depending on whether he's on or out, we try and report his posts here as well.
Theres no beef between trp or boil bulletin boards. Lets keep them both civil. He
As for Rob, as I said he only became VOG CFO in the August of 2020, the claim related to 2016. VOG were suspended by Oct 2022. Nothing to do with him.
All the best with TRP. Please stick to your own BB. Both boards will remain civil that way. Otherwise you'll just get the same dished back the other away.
The two companys are fundamentally different. BOIL an LNG scale discovery with a teir 1 multi-tcf asset. Trp a much smaller play but i'm sure it has its positives to.
Kever - no one likes santiago on the boil bulletin board either, he's not a genuine holder. He deramps and ramps depending on whether he's in or out. Genuine boil holders think he's an idiot to.
As for boil, respectfully you are misinformed. That is a completely different animal to trp in terms of asset profile and scale. First of all it's a gas play not oil. A Shell discovery with a Pmean contingent resource of 3tcf/5tcf in the P10, it's multi-tcf billion barrel equivalent play. Boil is an lng scale discovery with a teir 1 asset. They are cashed up to the tune of £7m. As for Rob Collins appointment as CFO, he only became VOGs CFO late 2020, there demise in 2022 had nothing to do with him, it related to a historical royalty claim dating back to 2016. Boil have recently appointed some big hitters on the board and changed there ceo.
I hope Asher finally delivers here but theres no need to resort to deramping boil because you dislike santiago, you only have to scroll the bb to see what boil holders think of him. The companies are fundamentally very different.
Kever - no one likes santiago on the bulletin board either, he's not a genuine holder. He deramps and ramps depending on whether he's in or out. Genuine boil holders think he's an idiot to.
As for boil, respectfully you are misinformed. That is a completely different animal to trp in terms of asset profile and scale. First of all it's a gas play not oil. A Shell discovery with a Pmean contingent resource of 3tcf/5tcf in the P10, it's multi-tcf billion barrel equivalent play. Boil is an lng scale discovery with a teir 1 asset. They are cashed up to the tune of £7m. As for Rob Collins appointment as CFO, he only became VOGs CFO late 2020, there demise in 2022 had nothing to do with him, it related to a historical royalty claim dating back to 2016. Boil have recently appointed some big hitters on the board and changed there ceo.
I hope Asher finally delivers here but theres no need to resort to deramping boil because you dislike santiago, you only have to scroll the bb to see what boil holders think of him. The companies are fundamentally very different.
Except VOG demise had nothing to do with Rob Collins who only became there CFO late 2020, there demise was a dispute from years before (2016) a tribunal ruled against the companys subsidiary Gaz du Cameroun, making an award totalling US$12.1mln to contractor RSM Production Corporation claims relating to royalty payments in previous work programmes in Cameroon. VOG at one point were +£50m-£100m. With revenues exceeding +$20m
Kever - best you stick to TRP, I think you have enough on your plate with Jeremy Ashers inability to get a tiny well funded & death spiral financing.
· Site survey at the proposed Chuditch-2 appraisal well location in the first quarter of 2024 ☑
· Completion of drill funding and securing a rig slot in the second quarter of 2024
· Obtaining the required environmental and drilling approvals in the third quarter of 2024
· Well mobilisation, well spud and drilling results in the fourth quarter of 2024
They should have sold Stanley and Cinnabar by now it would have gotten the market behind them, the farmout news would have been far better received with a decent cash buffer. They should really get a move on and get then sold otherwise it's all but inevitable they'll have to tap the market again, especially if they insist on doing any silly workovers.
It's important to understand how the farm-out works, its not an unlimited free carry. It has a value of $7.5m. Thats $2m for siesmic and $5.5m for the drill, the final drill costs aren't finalised yet. Still its a very good deal for Mosman. However it would be good to know how much a well out there typically costs?
The Farmout agreement says that any "costs of the well over AUD5.5 million and any other costs will be shared Greenvale 75% and Mosman 25%."
https://www.lse.co.uk/rns/MSMN/ep-145-funding-by-farmin-agreement-qqlql0nyzasdgwc.html
This is why it's imperative Mosman sell there Oil & Gas assets and bank a few million. I keep saying it, cash is the elephant in the room for this company. It's why it's ended the day -5% when it should be up a few 100% today.
@BaronOilplc Valaris 247 Jackup Rig on the way #BOIL Tracker Link myshiptracking.com/?mmsi=538003979
https://twitter.com/Share_Talk/status/1785258276709343701?t=x4l-ydMomdfw4xQE8T7-lw&s=19
He's the right guy, its Butlers asset and now some big hitters have joined him on the board . Look the Technical Site Survey is done (came in significantly under budget), Long Lead Items ordered. I expect the Rig Deposit to be paid that is next and a string of JV & Partner announcements.
Shouldn't be trading sub £50m mc +0.20, don't look a gift horse...given it tagged 0.175 in Feb.
Skippy, per 15th Feb RNS this is the sequence and we are on track per Butlers latest interview:
The Board anticipates the following key milestones for the Chuditch project in 2024:
· Site survey at the proposed Chuditch-2 appraisal well location in the first quarter of 2024 ✔
· Completion of drill funding and securing a rig slot in the second quarter of 2024
· Obtaining the required environmental and drilling approvals in the third quarter of 2024
· Well mobilisation, well spud and drilling results in the fourth quarter of 2024
Yes, lets see what this week and the period ahead brings. ENB are a well researched outfit. The super majors are circling, which one will it be. We are cashed up to the tune of £7m. Keep an eye out for the rig contract.