rpoodle
09 Dec 2014
Re: An extraordinary... It's a binary bet (farm-down or nowt), and the market is betting nowt.I bought a few a week or so back, and am holding out for an even lower price before getting more. But this is actually an extraordinary opportunity, almost akin to early 2009. At that time I was buying lots of Rockhopper in the 12p-16p range, and this is getting to those levels of value. If you're a long-term investor, with a 12-month time horizon, there's arguably few better opportunities for a ten-bagger out there. Worst-case scenario is that Borders don't get a farm-out for the campaign, but even then they still have sufficient money for 6-7 years of operations, a decent condensate discovery and excellent acreage.I feel for those locked in at a much higher price though. It's not like Borders has done much wrong in truth!
NerveWreck
09 Dec 2014
An extraordinary... punt at this price.I remember I once had 100K shares of this that I sold somewhere in the 80'sand 90's, I even saw it over 100p once. This share doesn't owe me anything, but it would be nice to really know if this was rock bottom already.Is it too much to ask for just one little bit of good news?
eye_user
09 Dec 2014
Re: Hello Eye_user ..terrible advice its aStonking sell.. imo of course:.----yeah sell at the bittom buy at the top loool
kkrriiss
08 Dec 2014
Re: Hello Eye_user ..terrible advice its aStonking sell.. imo of course:.kk
eye_user
06 Dec 2014
Re: Hello down to 5.8p on the bid. 4.5p net cash psscary out there----Buy on fear....crazy pricegoing down on the oil price that's it .... ride it out will be back up!
Nunquam
06 Dec 2014
I voted "Yes" in the BOR poll: Will oil be found in the 2015 Falklands Drilling Programme? [link]
NerveWreck
04 Dec 2014
Re: Hello down to 5.8p on the bid. 4.5p net cash psscary out there
Blue Horseshoe loves chip fat
03 Dec 2014
Re: Hello Looks like a fantastic call to me clarky!8.3p close on the day to 6.25p bid (6.5p mid) as I type today!Very well called imoKR
rpoodle
03 Dec 2014
Re: Stressed Aye, they look in trouble. I took a risk and bought in at 8.5p and 7.5p, but not buying any more now. I spoke to the company's PR team a month or two back, and they indicated that Borders could yet still access the Eirik Raude even AFTER mobilisation, but they weren't 100% on it (and said it would probably be at a higher rate--though I doubt that a bit myself given the subsequent sharp drop in oil prices).Very risky bet this one (though no where near as risky as Argos I'd say, who, by my calculation, will be completely out of cash by end-2015). At least Borders has enough cash to keep going for years, decent acreage and a sizeable condensates find. But they're dead in the water without that farm-out (and so is the share price...)
thecooler101
23 Nov 2014
I voted "Yes" in the BOR poll: Will oil be found in the 2015 Falklands Drilling Programme? [link]
