Member Info for wraith

I'm a long term RKH shareholder (first bought RKH around 2009, from memory), that's not underwater here,....I hope RKH come good, for those that are underwater, Boboil.

Article I read awhile back, dated May 5th, 2021 ( https://www.ogj.com/general-interest/article/14202753/big-oil-could-see-proven-reserves-run-out-in-less-than-15-years ), leads me to believe, that Sea Lion will be produced.

BW

Yes, I have also done OK, with our PRD shareholdings, to date, ho55,.....I have been here for quite some time (remember "thechancers" from way back),....been taking advantage, of the s/p drop, below 5p placing price myself, increasing our PRD shareholdings,....I am here for the full journey,....reading the "Operational Highlights and Placing" RNS, dated 19 July 2021 ( https://www.londonstockexchange.com/news-article/PRD/operational-highlights-and-placing/15064518 ) has kept my interest, Strong in PRD.

BW

That's why I've been buying (at sub s/p@5p), Zebra04,...as I see the overhang of placing shares, creating a buying opportunity, when reading the Operational Highlights and Placing RNS, dated 19 July 2021 ( https://www.londonstockexchange.com/news-article/PRD/operational-highlights-and-placing/15064518 ).

Have a good weekend.

BW

It's been a long wait, gus0,....lets hope we are rewarded, with a decent payday,.....yep, don't stop believing, as the tune says.

Tune: https://youtu.be/VcjzHMhBtf0

BW

That's an interesting thought, Goldenbadger1,.....In this article ( https://seekingalpha.com/article/4445077-talos-energy-inc-talo-timothy-duncan-on-q2-2021-results-earnings-call-transcript ), Timothy Duncan comments, do indeed, give food for thought.

BW

More than 100,000 BOR shares held,....I have thought about, taking it to 1,000,000 BOR shareholding,....not done so yet, Mesquida,....as you indicate, the potential upside here, is very high (IMO),....but the most, I would be prepared to risk, would be around £10,000 to £12,000 level, here at BOR,....our current Gross Average s/p, is sub s/p@1.31p,....so I have room, to average down further, if Ask s/p drops back, from current levels,....if it doesn't, happy to stick, with what BOR we hold.

BW

Always good to see ( https://www.londonstockexchange.com/news-article/ZEN/director-pdmr-shareholding/15080348 ), the Chief Executive Officer, with skin in the game & increasing shareholding.

BW

I believe, BOR will rise, if Sea Lion is given green light,....we hold 6 figure BOR & RKH shareholdings (also hold ARG, for the same reason),.....it's good acreage, here at BOR,....last time BOR raised Funds , on a discovery, it was at £0.84 per share ( https://www.offshore-energy.biz/borders-southern-raises-cash-for-falklands-seismic/ ),....before that raise, we rose to s/p@130+p, on Darwin Discovery,....a farm out, would see a huge re-rate here at BOR (IMO),....which is why, we still hold BOR shareholdings.

BW

Yes, it's looking good here,....it will be interesting to see, what next week brings.

BW

Not trying to pick the bottom,.....Ive taken a few tranches sub s/p@5p, since 5p placing, JohnHenry,....just come off Free PRD shareholdings & started to average up, with today's buy.

BW

Yep, agree, took another tranche myself today, sound2.

Have a good weekend.

BW

Your welcome, Tacuma,.....I have been holding, for Corrib,.....I now feel, we have a better chance, of farming out, in oil friendly Morocco,.....both, would be brilliant, although Ireland, does not look an encouraging place, for oil companies,.....while we wait, for news, on the farm out fronts, we have Wressle oil field, shaping up nicely.

BW

Agree, Davethedumplin,.... with our Market Cap of £3m, the Risk/Reward is good, (IMO),....fully loaded, here at GBP, myself.

BW

The drill bit, will answer that (mou-4), Splice,....been increasing (sub s/p@5p) our PRD shareholdings, took another tranche yesterday ( in ISA's),....still on Free PRD shareholdings though,...good luck, with your investing strategy,....if we get to your s/p@3.5p Ask level, I will be tempted to put rest of our PRD Profits back in & start to average up, to a Gross Average s/p@1p level,....already hold a good six figure Free PRD shareholding, so very easy for me to hold, for mou-4 drill results.

BW

I also believe Wressle, will start our re-rating, ivans,.....I've been waiting for Corrib (Both Edge and Inishkea are viewed as being drill-ready) for the major re-rate,....now, with the Politically & Tax friendly approach, of Morocco towards oil companies, I'm happy to increase our EOG shareholdings, on the outlook for Wressle & Morocco ( https://www.europaoil.com/wp-content/uploads/2021/08/Inezgane-Farmout-Flyer.pdf ) alone.

BW

Hi brezhnef,...Yes, very positive on Morocco, was my takeaway, from the interview,.....had already started to average down, last week, on the outlook for Wressle, from a deeply (six figure EOG shareholding) underwater position, with a Gross Average s/p@9.48565p,....took it down, to a Gross Average s/p@5.75406p last Thursday, on Wressle outlook,....after listening to comments on Morocco, decided to quickly take it down further (sub s/p@3.85p) today, close to my target figure of s/p@3.8p,...setting myself a new, lower target figure.

As you say, if Mr Ryan, can get his act together, with Inishkea (close to Corrib) being drill ready,....then we should see a decent re-rate North,....I think we will anyway, now we have Wressle taking shape, & Morocco looking good, (IMO).

BW

Thanks for link ( https://www.proactiveinvestors.co.uk/companies/news/956840/europa-oil--gas-updates-investors-on-farm-out-offshore-morocco-plans-and-wressle-956840.html ), Troajan,....targeting early farm out on Morocco,.....Wressle also shaping up,....happy with that,....just need some good news, on Inishkea (Corrib) next,.....carried on averaging down (our Gross Average, sub s/p@3.85p, after today's buy) here today, whilst it is quiet,...my next target, is to get our Gross Average, sub s/p@2.9p.

BW

Been here awhile myself,....remember participating in an open offer, s/p@6p I believe was the price,....I started to average down last Thursday,....today's news ( https://www.londonstockexchange.com/news-article/EOG/farmout-launch-of-inezgane-licence-morocco/15083104 ) is encouraging,....Wressle looking good,..... Inishkea prospect, next to Corrib,....at current s/p levels, will be averaging down further myself,....targeting, a Gross Average sub s/p@3.8p.

BW

With Sea Lion, on the shelf ready to go, as Tony indicated in a video (from memory),....arbitration result due,....my money, is on a re-rate North, from current s/p level.

BW

Thanks for sharing that, Trifle.

BW