.

When you do get dusters : does the sp start to drop before news ? and when you hit oil does the sp rise ? before the crucial rns ...?....I'd say yes ....lot of volume and if the rumours from this thread are correct : then they have encountered hydrocarbons but not sure how much yet.....have to say : I will fall off my stool if this is another Sealion or so....

Both Toisa Intrepid and Toisa Sonata are now not attending the rig - both are back to the Island (first time neither are out near the rig).

TD reached and drilling stopped and wireline in process now ?

1.1 million volume in 45 minutes so far.

Way way above average.

5 buys for one sell....some are day traders in for the quick buck...that's for sure.....just hope that this is a success.....first this being just the very first well (apart from Torea which was nowhere near here) : it'll be a miracle....

Interestingly : the volume and the sp on FOGL has picked up a little as well....

Let's hope it's a success. Can just imagine Kirtchner's reaction!

Your country needs you ?.....something along those lines.....sp jumping now......crikey bobs !...

This does correspond to crew change and both ships being in harbour and so leaks happening.

Of course, striking oil is not price sensitive news as only when its wirelined and confirmed net pay does it become price sensitive.

So we may now be just seeing the oil chatter being spread by crews.

Not used to seeing this movement here......used to be like a sleeping tablet here....

OK : it's official : the herd are arriving.....

Anybody shorting...?...

cynic might be short he was backing his flukey short I think ?

No : he closed it .....he shorted at the right time....between spudding and target depth......

It looks like they have encountered oil by the sp reaction but is it commercial ?.....very encouraging for the rest of the acreage if so regardless of outcome here....

20% increase so far today.....

Darwin unrisked (eg oil find) is worth 1100p a share.

Slam some dilution in an say 500p ?

I wonder how Blackadder and Baldrick are getting on in their speedboat near the rig.....?

1100p valuation for Darwin prospect on its own, will be great if there is oil there. Keep them fingers crossed for a confirmed net oil pay RNS to come in due course......


Mirabaud comment :

As expected, Borders’ share price has ticked up over the past weeks and months in anticipation and, although mindful of the somewhat binary nature of pure exploration plays, we like the acreage and the management, and are confident that Borders has the technical understanding to unlock the potential of the basin.

With the Darwin prospect alone worth £11/shr, we rate this stock as a BUY, with a price target of 150p.

All "Foilkies" up this morning...all of them....

well done chaps, if market reaction is well-founded