BORNEO OIL BHD

KLSE (MYR): BORNOIL (7036)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.005

Today's Change

0.00 (0.00%)

Day's Change

0.005 - 0.01

Trading Volume

1,422,600


34 people like this.

30,265 comment(s). Last comment by BE_GREEEEEDY 17 hours ago

Zolan2020

449 posts

Posted by Zolan2020 > 2020-08-18 12:16 | Report Abuse

if no move then let go la

Sales

3,272 posts

Posted by Sales > 2020-08-18 12:21 | Report Abuse

0.10sen also hard to go up.

Posted by Moneyfind44 > 2020-08-18 12:22 | Report Abuse

Im top up at 0.065

Posted by thurstan82 > 2020-08-18 12:23 | Report Abuse

Buy Orion! Still cheap! XD

Posted by Moneyfind44 > 2020-08-18 12:23 | Report Abuse

Ready for big win or big loss..both ok for me

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2020-08-18 12:31 | Report Abuse

now 0.6.....near to my queing price 0.5
come on....come on
Big Sharkk...Baby Shark....any Shark..
sell sell

bojed

5,064 posts

Posted by bojed > 2020-08-18 12:35 | Report Abuse

The newly issued pp has got to have a big hand in BORNOIL's current weak movement. What an odd time to list PP.

bojed

5,064 posts

Posted by bojed > 2020-08-18 13:04 | Report Abuse

https://www.theedgemarkets.com/article/neither-top-glove-nor-margma-has-been-consulted-about-windfall-tax

Hopefully glove players will come to gold counters after this :D

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2020-08-18 13:11 | Report Abuse

@TunPika....4cents....wait i match 5cents...then you will have it at 4cent.

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2020-08-18 13:13 | Report Abuse

@Woodswater...just trying my luck at 0.5cent.
if it can go down 0.6....mean highly possible to get 0.55.

anurov

33 posts

Posted by anurov > 2020-08-18 13:23 | Report Abuse

Afternoon session?
looks like will moving up to challeng .10cents?

fixul19

28 posts

Posted by fixul19 > 2020-08-18 13:23 | Report Abuse

will dato awang become the owner of PP? juz a guess...given the current MOU thing.

Valgrovest

1,237 posts

Posted by Valgrovest > 2020-08-18 13:25 | Report Abuse

Normally after completion of private placement, share price will move up. Company received lots of cash. The fact that private placement fully subscribe possible indicates placee confident in the company.

anurov

33 posts

Posted by anurov > 2020-08-18 13:27 | Report Abuse

@HamsterHuat, I try my luck sell at 0.365 cents :)

hakimsaat

436 posts

Posted by hakimsaat > 2020-08-18 13:27 | Report Abuse

no la.. after lunch will fly til 0.20.. hahaha will.. i repeat..willllllll.. when dont ask

Anderu

262 posts

Posted by Anderu > 2020-08-18 13:34 | Report Abuse

Will will 20 years later

ramjamdr

158 posts

Posted by ramjamdr > 2020-08-18 13:38 | Report Abuse

the pn ministers are fighting among them selfs to as a shareholders without investing a single cents

Valgrovest

1,237 posts

Posted by Valgrovest > 2020-08-18 13:39 | Report Abuse

Dont care what...so long the price up, I am happy.

Woodswater

3,778 posts

Posted by Woodswater > 2020-08-18 13:41 | Report Abuse

HamsterHuat @Woodswater...just trying my luck at 0.5cent.
if it can go down 0.6....mean highly possible to get 0.55

I try everage down last week at. 065 c
Now Q ing 0.o60 n 0.055 n 0.050 as well

ramjamdr

158 posts

Posted by ramjamdr > 2020-08-18 13:42 | Report Abuse

actually something not right thats why bornoil cannot fly instead going down. additional listing is one of the cause also

Valgrovest

1,237 posts

Posted by Valgrovest > 2020-08-18 13:45 | Report Abuse

Shark play, I suppose. The shares from pp not very large and not all holders will sell at the same time. Must know how to swim along with the sharks and soon the sharks may get frustrated. Ha ha .

anurov

33 posts

Posted by anurov > 2020-08-18 14:03 | Report Abuse

Rubbish talk about sharks ... ! Everytime down always relate to sharks...:))

Posted by Moneyfind44 > 2020-08-18 14:24 | Report Abuse

Show will begin after force selling

Posted by Moneyfind44 > 2020-08-18 14:25 | Report Abuse

Remember iris...from supper penny with 2.9bil share now at??

sabry4u

61 posts

Posted by sabry4u > 2020-08-18 14:28 | Report Abuse

game will start soon... ready guys... pocket rocket man

Valgrovest

1,237 posts

Posted by Valgrovest > 2020-08-18 14:45 | Report Abuse

Some people have no idea how the shark operate.....why such huge volume but price hardly move. It has been controlled at both ends. It is really up to them when to allow the price to move up but once it move it will move very very fast .

Will188

861 posts

Posted by Will188 > 2020-08-18 14:51 | Report Abuse

Private placement continue take place. Anyone not happy can raise case at Bursa.. https://www.bursamalaysia.com/contact_us/other_complaints

Will188

861 posts

Posted by Will188 > 2020-08-18 14:51 | Report Abuse

I already raise case

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2020-08-18 14:56 | Report Abuse

@anurov....0.365....OMG....That is lowballing the sharks.....lol

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2020-08-18 14:57 | Report Abuse

oklah...@Woodswater....i am joining you at 0.6cents.
Bugger...Top Volume....But stubborn to move..

Andy555

185 posts

Posted by Andy555 > 2020-08-18 14:58 | Report Abuse

Ok will I Raise case too later .... all report la .... where can let them treat us like Money bags

Anderu

262 posts

Posted by Anderu > 2020-08-18 15:03 | Report Abuse

Told you guys ma, what news what news got real deal already up b4 u guys find out

Will188

861 posts

Posted by Will188 > 2020-08-18 15:04 | Report Abuse

Ya.. Simple.. Just register case only. Continue PP only subcriver profit gain. 10% and 10% and 10% continue issued shares. Nothing lose. Just lodge if u feel something not right

Valgrovest

1,237 posts

Posted by Valgrovest > 2020-08-18 15:11 | Report Abuse

Today all focus on rubber glove counters and looks like going crazy already !

lehubeng

1,143 posts

Posted by lehubeng > 2020-08-18 15:41 | Report Abuse

gold 2002... bornoil up up up!!!

Posted by avatarsnipe > 2020-08-18 15:43 | Report Abuse

Shark supressing... even if gold 9000, bornoil still 0.06 hahahaha

lehubeng

1,143 posts

Posted by lehubeng > 2020-08-18 15:44 | Report Abuse

gold 2005 ... bornoil up ip up!!!

Valgrovest

1,237 posts

Posted by Valgrovest > 2020-08-18 15:45 | Report Abuse

It is only a matter of time (question is when only) that this counter will shoot up. Cannot continue to stay at this level.

justin1njp

270 posts

Posted by justin1njp > 2020-08-18 15:47 | Report Abuse

I guess that later will be announce someone become substantial shareholder.
Dont think on who dump. But who can collect so much share.

lehubeng

1,143 posts

Posted by lehubeng > 2020-08-18 15:47 | Report Abuse

gold 2006.... bornoil up up up!!!

bojed

5,064 posts

Posted by bojed > 2020-08-18 15:49 | Report Abuse

Gold is nearing 2020 and my MUIPROP is flying along side my NICE but baby BURNOIL looks like no oil to fly hahaha come baby oil!!!!

lehubeng

1,143 posts

Posted by lehubeng > 2020-08-18 15:49 | Report Abuse

last call on 0.065....

lehubeng

1,143 posts

Posted by lehubeng > 2020-08-18 15:51 | Report Abuse

gold 2009..... bornoil up up up....

Will188

861 posts

Posted by Will188 > 2020-08-18 15:52 | Report Abuse

Bursa take up my case. Plz feel free to lodge if any sifu well verse aware wrongdoing such as the continuous PP and price fixing. Prior announce gold nearly 1billion shares dispose! If PP continue only subcriber earn profit.

Will188

861 posts

Posted by Will188 > 2020-08-18 15:53 | Report Abuse

Consecutive 2 days Top1 Volume with price drop. So funny.

Stonecold

289 posts

Posted by Stonecold > 2020-08-18 15:54 | Report Abuse

KUALA LUMPUR: Borneo Oil Bhd (BornOil) today inked a memorandum of understanding (MoU) with Minetech Resources Bhd (MRB) to carry out mining works at Bukit Ibam, Pahang.

Both companies, via their respective wholly-owned subsidiaries, Borneo Oil & Gas Corporation Sdn Bhd (BOG) and Minetech Construction Sdn Bhd (MCSB), will work together towards the materialisation of a business contract which will involve BOG appointing MCSB as the contractor for mining works at Bukit Ibam.

MCSB, which specialises in rock blasting, civil engineering, construction and infrastructure development, is also involved in the business of mining and has the prerequisite equipment, expertise and personnel with experience in mining works.

MCSB is also currently undertaking mining excavation works at Selinsing Gold Mine at Sungai Koyan Kuala Lipis, Pahang, according to separate announcements to Bursa Malaysia today.

To note, MRB executive chairman Datuk Awang Daud Awang Putera also sits on the board of Serba Dinamik Holdings Bhd as a non-independent and non-executive director.

BornOil's Bursa Malaysia announcement stated the collaboration with MCSB will reduce BOG's capital outlay required for the mining works and free up resources to continue with exploration works on other zones.

It will also provide the parties an opportunity to collaborate in the field of mining and to utilise each respective party's experience and strength, the filing added.

Under the MoU, MCSB will among others provide the plant and equipment for the purpose of excavation and qualified personnel to implement blasting activity.

To recap, BornOil had made an announcement to Bursa Malaysia on 6 August 2020 that it intends to proceed with excavation and mining on the first Zone of Bukit Ibam in Pahang, where it is believed to contain total resources of 22,200 ounce or 621,917 gm of gold in 1.66 million metric tons of ore with an average grade of 0.42 g/t.

The findings were made by Dr Yves Cheze, a member of the Australian Institute of Geoscientists as well as the Institute Geology Malaysia.

Dr Yves had also recommended for BornOil to develop the exploration of not only the immediate extension of the first zone but also in seven other zones within the mining area that have similar geology as they may hold significant potential for additional gold resources.

Back in May 2010, Perbadanan Kemajuan Negeri Pahang (PKNP)

signed an exclusive agreement with HDL Global Sdn Bhd (HDL) for the prospecting and mining rights to an area covering 1,200 hectares within Hutan Simpan Bukit Ibam in Pahang.

Subsequently in March 2015, BornOil, via an exclusive production sharing agreement with HDL, was granted sole and exclusive right to prospect, explore, mine, extract, process, sell and collect all revenue of sales with respect to all minerals and precious metals including gold over the said area.

Currently, an area measuring approximately 462 acres within the area has been issued with a mining lease on which BornOil is currently carrying out mining works.

At the conclusion of Phase 1 and Phase 2 of the preliminary exploration works on seven of the eight zones, an assessment of potential gold resources dated March 2019 was prepared by Dr Yves showing potential gold resources of 60,032 ounce or 1,866,943 gm (1.866 ton) of gold.

Gold prices have been on the rise, and, for the first time, breached the US$2,000 an ounce mark last week.

ramjamdr

158 posts

Posted by ramjamdr > 2020-08-18 15:55 | Report Abuse

going no where they don't have fund so now they collecting from us and pay us later. long term yes good stock for short term investors bad investment

Will188

861 posts

Posted by Will188 > 2020-08-18 15:55 | Report Abuse

This is a Gold Mine GOLD COUNTER. .. NTA 0.13 exclude gold findings.... With so many site still yet declare. Some1 want sapu all shares..

m_faiza1

556 posts

Posted by m_faiza1 > 2020-08-18 15:59 | Report Abuse

Prepared, will up after 4pm, to flush contra first

Post a Comment
Market Buzz