On average, it takes between 10-20 years before a gold mine is even ready to produce material that can be refined. Forget Bornoil, price will slowly go back to 3cts.
Don’t u guys think PP is terribly unfair for retail investors ...... they have more money , get cheaper price and sell to us Higher..... that’s totally not right at all
Sales Waited for more than 4years, still cannot climb. Some stock don't have gold also climb so high. Very sen waiting....like waiting for durian to drop.
After Bo, knm ( Sardin), O&G bull run ( Dayang by Uncle), Carimin, petra energy, uzma, velesto( by Calvin), i muss plantation ( TDM), later Glooves small win, HLT ( by Calvin). Now returning back at Bornoil. I strongly believe our bilis time will come, v bilis will defeat shark! Patience is the key! This time i came back, i ll spend all my time n bullets to beat the Shark!
emil On average, it takes between 10-20 years before a gold mine is even ready to produce material that can be refined. Forget Bornoil, price will slowly go back to 3cts. 18/08/2020 9:14 PM
Andy555 Don’t u guys think PP is terribly unfair for retail investors ...... they have more money , get cheaper price and sell to us Higher..... that’s totally not right at all
I hv warned earlier, now only 50/ 50 left I held 4 yrs, no joke, no gimmicks! Trade caution, must b wait!
PP 242,000,000 at rm0.0435, sell at rm0.065 only can raise fund rm5.2mil, not even enough to cover exploration expenditures rm15mil. Rm0.095 can raise rm13mil la. One day share vol let say 10mil, need 24 days to complete the fund raising. So 24 days to sell out 242,000,000 to raise fund for only rm5.2mil? Kind of fail. In 2016, fund was raised at rm237mil via right issue. Kind of impossible to reach this amt of fund with this current price. Correct my calculation if i m wrong.
haha Bornoil 6b shares, going to print shares to 8b, 10b soon. The whole Bornoil is a major scam.... On average, it takes between 10-20 years before a gold mine is even ready to produce material that can be refined. Forget Bornoil, price will slowly go back to 3 cents.
If my calculation is correct, lets see after 24-30 days price remain at rm0.065-0.07. If that happen, I can only conclude 2 things lo: company over confident their share very laku or company only interest in raising rm5-6million only. Haha
If u look the chart from 2002-2020, borneo oil hit limit down 3 times (include now) rm0.02 before n hit limit up rm0.20-0.30 2 times before. Of coz, that was before share dilution, with current total volume share, Hitting rm0.10-0.15 is quite possible. This yr we see limit down 0.01. so is just waiting Time to limit up.
This idiot company is a ASSET RICH COMPANY. as at 30/6/19, asset value RM734, 813,642!! Equal NTA 0.13 (Value Hide by huge units of shares). Super master planning. BTW, I also donno when share price will shoot up.. Lol
Quite tired of the lack of movement here. Once break even, will exit and take the bullets elsewhere. For exposure to gold, trading gold CFD is much more straightforward and less market noise.
Bro/Sis. Buy and keep for long term. Share with ur friends as this company worth more. NTA 0.13cts per shares even with 5billion++ shares. Mean hundreds of million assets (they just want hide/low profile)! Don't get mislead by sharks. I not mention details on gold found value!
Yes, sifu will188 is right Share with ur friends But just Q buy 6 c if matched Then Q buy at 5.5 c V ll bcoming final winners I ll accu more to everage down Since i held for 4 yrs since 2016 I ll not mind to hold for couple yrs
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....
emil
1,428 posts
Posted by emil > 2020-08-18 20:48 | Report Abuse
haha Bornoil 6b shares, going to print shares to 8b, 10b soon. The whole Bornoil is a major scam....