Posted by Cojack31 > 2021-03-26 06:35 | Report Abuse

if below 15 cts full of gimmick. Bornoil...ur peanut counter now......pls do somethingg....make retail feel trust again.. Other counter long time fly up n down..but u r still same level....

Posted by 651158 > 2021-03-26 07:45 | Report Abuse

hold this morning big fish , small fish , big shark and small shark all come to eat lo

Posted by 651158 > 2021-03-26 07:49 | Report Abuse

eat eat eat up the share 0.300 sen

Posted by 651158 > 2021-03-26 08:34 | Report Abuse

boom nuclear come today

Posted by singkalin > 2021-03-26 08:41 | Report Abuse

So many gold stories, yet still a ghost story.
Reality still ESOS story.
Already trap here, so have to bear with ESOS story.

Posted by lehubeng > 2021-03-26 08:58 | Report Abuse

buy more... Worth to hold another 2 to 3 years.... minimal risk now. ....

Posted by 651158 > 2021-03-26 09:07 | Report Abuse

GAME is standing Now

Posted by BE_GREEEEEDY > 2021-03-26 09:11 | Report Abuse

steamingg...5 -6 sen coming
fantastic future pahang gold mining = $
Macquire see the shining of $ ahead - wallap Bornoil

Posted by BE_GREEEEEDY > 2021-03-26 09:15 | Report Abuse

WD , WC for highest % gain

Posted by Cojack31 > 2021-03-26 09:20 | Report Abuse

Fly at least 10 cts this week. Only can decide junp or not

Posted by 651158 > 2021-03-26 09:39 | Report Abuse

difficult to fly lo

Posted by 651158 > 2021-03-26 09:40 | Report Abuse

this elephant so big

Posted by 651158 > 2021-03-26 09:48 | Report Abuse

sellers more than buy , how to play ?

Posted by singkalin > 2021-03-26 10:35 | Report Abuse

Esos volume too big.
Thats why more seller.

Posted by beginner > 2021-03-26 10:50 | Report Abuse

next big news is gold mining finally productive then it will skyrocket

Posted by lehubeng > 2021-03-26 10:57 | Report Abuse

no momentum.... ikan bilis only.....

Posted by 651158 > 2021-03-26 11:01 | Report Abuse

the announcement can not user la

Posted by 651158 > 2021-03-26 11:05 | Report Abuse

small fish also don't one come to eat don't said big shark

Posted by Valgrovest > 2021-03-26 12:04 | Report Abuse

Looks like someone accumulating at 4 sen. Today already done 24mil shares - all at 4 sen. They are just waiting for people to throw. So I think we should not sell but just hold and wait. Maybe major announcement coming out soon.

Posted by 651158 > 2021-03-26 14:51 | Report Abuse

to many esos and pp made the share no quality to buy

Posted by OngLai88 > 2021-03-26 16:20 | Report Abuse

Sanichi share consolidation 10 to 1 and rights issue with free warrants. When is bornoil time?

Good price to buy at 2cts

Posted by lehubeng > 2021-03-26 17:20 | Report Abuse

another 2 mil shares at 0.036 by mac quarie....

Posted by lehubeng > 2021-03-26 17:21 | Report Abuse

time to average down ... 0.035-0.04....

Posted by Valgrovest > 2021-03-26 17:44 | Report Abuse

Nice closing today (this week) at 4.5sen. Hope the uptrend will gather more strength next week and some positive announcement coming our way !

Posted by FarmbesFlyer > 2021-03-26 19:03 | Report Abuse

Buy more!!

Posted by Cojack31 > 2021-03-27 08:11 | Report Abuse

Hope next week fly above 10 cts.. At least showing tru and genuine biz happen. Above 15 cts only retailer will realize another gemm is coming. If below 10cts still nothing

Posted by Cojack31 > 2021-03-27 08:11 | Report Abuse

Proof it ur r born gold in the making

Posted by Cojack31 > 2021-03-27 08:12 | Report Abuse

With esos..pp company already no need consolidation. They already rich cash..

Posted by 651158 > 2021-03-27 11:25 | Report Abuse

cojack31 if next week fly to 0.060-0.080 sen already enough

Posted by 651158 > 2021-03-27 11:29 | Report Abuse

Now can slowly to collect little big , no need long time again can finish pp share

Posted by justin1njp > 2021-03-27 18:36 | Report Abuse

https://m.malaysiakini.com/announcement/568324

Posted by justin1njp > 2021-03-27 18:37 | Report Abuse

BornOil enters into agreement to acquire Pahang entity with mining lease
Published 5 h ago
Updated 5 h ago


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KUALA LUMPUR, 27 March 2021 – In an announcement that had flown under the radar of the investment community, the Borneo Oil Berhad (BornOil) group announced last Thursday, 25 March 2021 that it had entered into an agreement to acquire an entity with a mining lease in Pahang.

The entity is Syarikat Ratna Pura Sdn Bhd (SRP) which BornOil would be acquiring a 90% stake for RM1.8 million.

SRP has a mining lease issued by the Pahang State Government for an area in Keratong, Pahang. It also has an approved operational mining scheme for mining operations from the Department of Mineral and Geoscience Malaysia, Pahang.

SRP group is principally engaged in mining operations. Its associate company, Syarikat Ratna Pura (Pahang) Sdn Bhd, is principally involved in gold mining operations.

BornOil executive director Datuk Joseph Ambrose Lee explained that this is the first time the group would be owning a mining lease: “Hence, this development marks BornOil’s first foray to seriously venture into gold mining, by owning a mining lease, instead of just being an operator as per our previous arrangements.”

As a result, BornOil would also be eliminating the tribute payable to the concession owner for every ounce of gold recovered. SRP is the concession owner for the mining area and is only subject to payment of royalty to the state government.

Datuk Joseph also explained that the acquisition would result in the group acquiring the mining area adjacent to its current mining area at Keratong, Rompin, Pahang.

“Consequently, BornOil will be expanding our acreage for mining operations within the central gold belt and eastern tin belt of Peninsular Malaysia,” Datuk Joseph further said.

“We would also be able to leverage on our expertise and deep knowledge of the Keratong area, thereby saving on the deployment of equipment and machinery to the adjacent mining area for operations,” he added.

“The other plus point is that the mining area is also located in close proximity to major infrastructural utilities,” said Datuk Joseph (second from left in pic).


BornOil’s other Pahang mining venture is at Bukit Ibam.

Dr. Yves Cheze, a member of the Australian Institute of Geoscientists and also the Institute Geology Malaysia, had reported that the first zone of Bukit Ibam is believed to contain total resources of 22,200 ounces or 621,917 gm of gold in 1.66 million metric tons of ore with an average grade of 0.42 g/t.

BornOil is also exploring several other zones in Bukit Ibam that have similar geology as they may hold significant potential for additional gold resources.


BornOil has sole and exclusive rights 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.

Due to the Movement Control Order (MCO), the second JORC report has been delayed. However, now that MCO has been lifted, BornOil is moving into full swing of the second stage of the JORC report.

On the corporate front, Macquarie Bank Limited has been subscribing for BornOil shares, in line with an agreement that the Australian bank is able to subscribe for up to 1.2 billion placement shares or 19 per cent of the company’s total number of issued shares.

Based on the illustrative issue price of RM0.036 per placement share and assuming full subscription by Macquarie Bank, Bornoil may raise gross proceeds of up to approximately RM43.41 million.

Source: Borneo Oil Berhad (BornOil)

Posted by 651158 > 2021-03-27 19:51 | Report Abuse

so how you people think about this news ?

Posted by 651158 > 2021-03-27 19:51 | Report Abuse

good news ?

Posted by weirdvilante > 2021-03-27 20:11 | Report Abuse

TP RM1

Posted by 651158 > 2021-03-27 21:09 | Report Abuse

hold tp rm3

Posted by 651158 > 2021-03-28 08:14 | Report Abuse

tomorrow must huat ah

Posted by justin1njp > 2021-03-28 09:27 | Report Abuse

2nd JORC report otw.
Report on those 7 zones finding.

Posted by Topper88 > 2021-03-28 10:18 | Report Abuse

Based on the announcement, bornoil just completed around 20+% of pp.
So is it possible that bornoil will skyrocket recently? If this happen, means that macacquarie has to acquire the shares at higher price. (everyone wanna buy at low price)
Or is it that pp is just a trick, in fact they have collected the shares secretly and then they will cancel the subscription of the rest private placement shares?

Posted by messi > 2021-03-28 10:34 | Report Abuse

Be aware of rights as minority shareholder. Any action by directors to defraud cheat or mislead investor should be reported to Minority Shareholders Watch Group at www.mswg.org.my or macc

Posted by BE_GREEEEEDY > 2021-03-28 12:32 | Report Abuse

.... justin1njp@ BornOil enters into agreement to acquire Pahang entity with mining lease
Published 5 h ago
------------

bornoil very damn under value
given the very fantastic future of gold mining $$$
immediate TP Bornoil 10 sen
WC 6 SEN
WD 7 SEN
28/03/2021 12:31 PM

Posted by 651158 > 2021-03-28 13:35 | Report Abuse

Now bornoil stand to find Gold , just wait the long time .

Posted by 651158 > 2021-03-28 13:37 | Report Abuse

maybe now can up little little big , if you wait to get big profit just wait

Posted by Topper88 > 2021-03-28 18:04 | Report Abuse

Anyone knows is it legal if macacquarie wanna cancel the rest 70% pp?

Posted by 651158 > 2021-03-28 18:28 | Report Abuse

why

Posted by MZM2511 > 2021-03-28 18:37 | Report Abuse

PP can be cancelled, and...

Private placement is a common method of raising business capital by OFFERING equity shares to a select investors.

I think as it is offering, therefore the selected investor could or could not take the offer to subscribe the PP shares.

Posted by 651158 > 2021-03-28 18:49 | Report Abuse

Now more important is think tomorrow share can up or not

Posted by 651158 > 2021-03-28 18:54 | Report Abuse

like your people said if they wait to cancelled the pp they must give announcement to bornoil and bornoil must also give announcement to share holder

Posted by justin1njp > 2021-03-28 21:57 | Report Abuse

Dont u think they actually read the jorc report before they want pp.
Y they need cancel it.

Posted by Cojack31 > 2021-03-28 22:42 | Report Abuse

Full of gimmick and action no result. My 2 cts opinion. Sorry dude