Sozai eugene93 or chan9301 always a sozai.....got nothing better to do then go sit in toilet....from a doggie to a pondan.....holders make money also u bising meh? Pity loh...!! wakakakaka
eugene93 since u accused neuwook talk cocks.....BUT neuwook been buying a lot of 0.07-0.075 ohh....no play toys mah....u keep barking drop....where is the drop as promised? Who's the loser here? Can answer that? wakakakaka
After sold out all kretam shares, neuwook waiting for that Bornoil's discounted share price and bought in huge sums.....u think neuwook no make money meh? Because neuwook speculate GOLD will shoots up and adjust bornoil shares irrespective of qtr results outcome. Check timeline loh...!! Now laughing all the way to bank already mah....!! Bornoil will be going higher with the incoming gold productions yet to be revealed.....in bukit Ibam mah....wakakakakaka
That is why bornoil is NOT for pondan loh....why some ppl can make $$$ in bornoil while others are losers like eugene93 here everyday bark doomsday stories and chanting? GO reflect yourself loh....!! Btw u must be one of those sozai who sold out and came back whining or u holding onto paper loss until frustrated kan? Hahahaha.....wakakakaka
Despite the overall poor results as recorded for reasons as explained above the Group’s ongoing operations and those in the pipeline are in order. With close monitoring and necessary actions being taken, both remedial and prevention, the Board is confident that they would contribute positively as previously envisaged.
With the successful test run of the Bio-Fraction Vetrolysis Plant and the division working closely with foreign experts in this field, the Board is optimistic that the project will contribute positively to the Group upon its full completion for commercial production in the near future.
The 1st phase of the exploration and drilling activities in Bukit Ibam mine were completed with 5,000 metres of core drill and lab analysis. The company is in the process of compiling all geological data. With the completion of the 1 st phase of exploration and drilling, the initial mining operation is expected to start operations in April 2018. The Heap Leaching Pilot Project had successfully tested its process and a small scale start-up production will begin operation by the end of April 2018. Bearing unforeseen circumstances, once successful, the production will be scaled up gradually, with a target production of 2 kg to 10 kg dore gold monthly.
The Licence Holder(LH) of the Integrated Limestone Processing Plant (ILPP) had commenced earth and foundation works. With careful planning and corporation with LH, the Group hopes to benefit from the ILPP through the supply of limestone to the same and through some other mutually beneficial arrangements with LH. Any development in such arrangements of the ILPP, once finalised and if it involved the Group will be announced accordingly.
Hi neuwook...it's Jackie again... your comments are still the best and genuine, For the goodness of Bornoil, it is best we remain courteous and talk on facts. I opine that forum members in this group should not curse and let's focus on what is about to happen and rewarding to all of us in the future. This should be our key objective.
My sincere observation on Bornoil is that the 2nd half of 2018 will be very exciting.
I was indeed very happy to see that 1 day prior to the final quarter results so many ESOS were exercised at 9 sen even though the market were trading below 8 sen. Employees were willing to pay more than 10 % extra. Nobody will do that unless there is some excitement coming in the forth future. Funds locked up in ESOS is interest forgone for the employees. To my surprise which I still could not comprehend .... was that very very substantial volume of ESOS was exercised again on the same day when the final quarterly loss result was announced. This I can imply that something quite exciting is about to surface in Bornoil in the current quarter.
Yesterday we could see that for the first time after so long, quite many shares were traded at 8.5 sen. Even today we can observe the same situation of price wanting to edge the 8.5 sen. Will be exciting to see if the near term breaks the 8.5sen to form the base and pushing up to 9 sen. If this scenario happens ... the sky is the limit.
My observation also tells me that once the blue chip operations (excluding gold mining) progress well the Group will likely change its compay name to be more reflective of its future corporate plans and growth. We must be aware that the name Bornoil has its past failures and bad feng shuI and it is the best interest of the Group to change its name. We hope this can also happen during the second half of 2018. When this happens means new successful plans and corporate culture.
I am confident on betting more on the successful profile of the major shareholders who are also shareholders of Hap Seng. They cannot fail otherwise it will affect the current stature of Hap Seng.. These people are not Cowboys and if they want to build another successful group it takes time and it means long term.
So the above is my humble comment and each day I am becoming more confident on Bornoil.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
neuwook
964 posts
Posted by neuwook > 2018-04-12 10:12 | Report Abuse
The shares buyback is continuing....in the end the treasury shares will be rewarding shareholders.....