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Borders & Southern - Here we go (BOR) (BOR)     

Proselenes - 15 Jun 2011 08:54

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required field - 18 Apr 2012 14:27 - 369 of 1086

Incredible stuff here.....any rumours from the grapevine anybody ?.....

Proselenes - 18 Apr 2012 14:31 - 370 of 1086

From III

14:13 Strike Bastward 7

Thick oil column found. Cant say size, but it's significant. Bigger than anything found in NF. Don't know when RNS is coming, but likely tomorrow. This is it folks.............................

Proselenes - 18 Apr 2012 14:32 - 371 of 1086

What do we reckon then ?

80 meter column ?

required field - 18 Apr 2012 14:35 - 372 of 1086

How reliable is the source......depends how it flows but not being an expert : I think 20m would satisfy me.....for the rest of the campaign....80m would be extraordinary....

required field - 18 Apr 2012 14:38 - 373 of 1086

If and it's a big if...can you imagine what the Loligo prospect could be ?....

required field - 18 Apr 2012 14:40 - 374 of 1086

Not seen this since RKH and GKP....

required field - 18 Apr 2012 14:49 - 375 of 1086

If this carries on : might pop over to the stanelco thread or even bunnies beer basement....

Proselenes - 18 Apr 2012 14:49 - 376 of 1086

Earliest for an RNS will be tomorrow, IMO.

required field - 18 Apr 2012 14:53 - 377 of 1086

Do you think that the update will be positive ?.....myself, I reckon oil and gas has been discovered but, in commercial quantities ?...really not sure but if not there has to be a commercial discovery within the south falklands licences.

Proselenes - 18 Apr 2012 14:57 - 378 of 1086

Yes, I think they have oil.

required field - 18 Apr 2012 15:00 - 379 of 1086

I'm staying put for good or for worse......if it goes pearshaped .....will try to make up with FOGL...., or the next BOR spud....

required field - 18 Apr 2012 15:04 - 380 of 1086

If it's commercial : the sp will double from here....

aldwickk - 18 Apr 2012 15:05 - 381 of 1086

cynic sold to soon , i wouldn't have sold all my holding. i have banked profit @ 80 @90@95 and 100 and am now holding the rest until the RNS

required field - 18 Apr 2012 15:08 - 382 of 1086

Don't like these reds.....

Proselenes - 18 Apr 2012 15:12 - 383 of 1086

Darwin unrisked is 1100p a share, so half that and a bit more, so say 400% or 500% rise possible if the news is top line good, over the coming weeks.

Proselenes - 18 Apr 2012 15:57 - 384 of 1086

Its only risen the same amount RKH rose before the RNS come out........nothing yet if the news is officially good.

required field - 18 Apr 2012 16:36 - 385 of 1086

Now the rumours will start to fly !......108p close.....

Proselenes - 18 Apr 2012 16:37 - 386 of 1086

Numis have a 1700p value for Darwin if BOR were fully funded and no risk etc...

So 1100p from Mirabaud in the present state of BOR I think is fair.

Given the next drill, Stebbing, is even bigger potential at 1.2 Billion recoverable barrels - one would like to think if Darwin has delivered a fat column of oil that BOR might, in the coming weeks, hit anything up to 400p a share.

Do not forget, farm in news for FOGL also due - and an oil find derisks multiple other prospects for BOR and FOGL.


Exciting times, BOR has only risen the same amount RKH did BEFORE the Sea Lion RNS come out.

Lets hope BOR now also rises just like RKH did after their RNS.


Fingers crossed for tomorrow and good luck all.

halifax - 18 Apr 2012 16:41 - 387 of 1086

PP its either the "flight of the phoenix" and/or "crash and burn"!

aldwickk - 18 Apr 2012 17:52 - 388 of 1086

107 bid @the close
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