.

Earliest for an RNS will be tomorrow, IMO.

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.

Yes, I think they have oil.

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....

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

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

Don't like these reds.....

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.

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

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

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.

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

107 bid @the close

aldo - you made a decent profit so don't grizzle ...... and am delighted to be looking to have been badly wrong on this one; let's hope it's for real, not least because i bought at 85.5 and then doubled up at 97.25

Where is halifax, Surprised hes not shouting duster. Ive got it he wants to dust. Lets have a whip round and buy him a set. :-))

arguably, assuming this isn't an oil into water story, quite a good idea to switch part/all on the news from bor to fogl

http://www.dailymail.co.uk/money/markets/article-2131749/MARKET-REPORT-Oil-explorer-Borders--Southern-hits-Falklands-Islands-jackpot.html

.

http://www.thesun.co.uk/sol/homepage/news/money/article4265337.ece

Falklands phwoar

HOPES of more black gold being discovered off the Falklands sent shares in an oil minnow soaring 55 per cent last night.

BORDERS & SOUTHERN was forced to play down talk it had made a strike south of the islands — as excited investors piled in.

But a spokesman refused to rule out success at the company’s “Darwin” field. Sources in the Falklands claimed the company HAD made a bumper discovery but was currently evaluating its size and scale.

A crew change on Borders’ rig two days ago is thought to have seen workers returning to Port Stanley fuelling rumours that have been fizzing around the internet.

One analyst conceded amid the confusion: “I guess it’s just speculation as to a positive result.” Borders’ share price soared 38.50p to 108. FALKLANDS OIL & GAS, which has interests close to the Borders field, climbed 24.25p to 93.

...........Broker Panmure Gordon has forecast that should Borders & Southern announce a large oil discovery at its Darwin prospect in the Falkland Islands its share price could rocket to 435p, while other industry experts suggested £5 a share would be a possibility............

Read more: http://www.thisismoney.co.uk/money/markets/article-2131749/MARKET-REPORT-Oil-explorer-Borders--Southern-hits-Falklands-Islands-jackpot.html#ixzz1sSeGcKyW

No rns I can see yet....