Those no confident in eden just sell. Later easy to push.

Also is good la. Always got asb story.

Asb story come again.
T3. U got any latest news?

No one push in between 3.30pm to 4pm.
This is collect cheap time.

Jan 2022.

news can only obtain from this forum becos members are more resourceful
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thumbs up

No coverage at all.
No ppl write article to promote.
No recommendation from investment bank.
No news.

They sell how many now. They will buy back how many later. That 4 sen can b gone in just a while.

Their intended average price is 3.7sen. but now is 3.46sen. they for sure want lower average. So later they can buy higher price. The total average price still is about at 3.7sen.

Last few days. 3.5 sen could b they buy back.

Plus now is 36% completed. A small rally is expected when they have done 50% pp.

Guessing only.

Macquire bank subscribe bornoil pp share. 448million unit share.
Used RM 15509500. Average price is 3.461942 sen.

Why no declare become substantial shareholder?

Become top 3 volume share.
Mcquarie average buying price is about 3.47sen. MCbank alreadyuse 15 million to subscribe the pp.

Sapu time. 3.5

Sabah power plant

If din din is not stable. Then share price will up. They will quick quick pump n dump.
Din din stable. Price not up.

The amended annuncement is related to 4 million shares. Got the number ALA-03062021-00006.
67 million is listed today.

Sc cant determine the price. The price is the 5 days average price of the share during the next announcement. Normally have discount of 10%.

No announcement of new substantial shareholder?

Double up of nta should b rm 1.48

4 piece of land worth 182 million.
Total share is 403 million.
Nta is 74sen.
So zil land 45 sen + nta 74 sen.
Then is rm 1.19.
Can say so?

RM( 182 / 403 ) million
RM 0.45.

45sen. + Current 74sen= RM 1.19
Can say so?

After tomorrow macbank will b substantial shareholder.

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING EDEN INC BERHAD ("EDEN" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT

Refer to announcement today.

Someone pls simplified the words in that doc.
Can use LU to simplify all as what done by someone about serbadk.

"big loss" 695k.

Sabasco chili sauce. Buy more. https://sabasco.com/

One of the investments stated in macbank fund.

Another Limestone at sabah.

No need to use ur knife already.

Today up. Law of attraction.
Everyday think it LU. 34sen.

Heard is sabah change gov. But safie deny already

This bornoil pp is allowed until january 2022. Dont put high hope it will up now.

Macbank spent rm 10 million on pp already. 25% done.

Later like bjcorp. CEO keep buy n up

He introduce potential share

Ya. That post. Just now i copy n paste here. How come it cant appear here?

Saw in fb. But in chinese.

Ya. Macbank also newbie.

Let go.

That's the silence before the storm.
Only quiet for 1 day.

Macbank so far used rm 9.09 million to buy 267000000 unit pp share.
With an average price of 3.405sen per share.
Which is about 22% of the total pp & 3.73% of the total share.

U see this eden.
No news at all.
No headlines.
No ppl write article to promote.
Quiet.
Only i3 bising.

5 millionaires

Isnt TSMY come to Sarawak discuss election matter.

I guess still not the time yet.
This morning just make u excited a while only.

U all millionaire.
Daily salary more than 1k one.
Got private jet, private car, private maid, private driver.
Pls help to clear the block.

For me wait 5 years for 100% return is worth.
If divide, 1 year also got 20% gain.

PM go langkawi last few day. Why no ppl say?
Eden got Underwater World & Eden Seafood Village at Langkawi.

PM & wife at Kuching 2 days. Arrived this morning.

They just get the mining license which will expired in 2025.
So do u think they just want the license n do ntg?

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

He mean 1k 1k eat 17sen

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

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)

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