BORNEO OIL BHD

KLSE (MYR): BORNOIL (7036)

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Last Price

0.03

Today's Change

0.00 (0.00%)

Day's Change

0.025 - 0.03

Trading Volume

4,345,400


32 people like this.

29,045 comment(s). Last comment by SincereStock 4 hours ago

lehubeng

781 posts

Posted by lehubeng > 3 weeks ago | Report Abuse

gold drop verde drop... 0.02 soon...

OKU_2020

2,366 posts

Posted by OKU_2020 > 3 weeks ago | Report Abuse

Gold Back Below $1,900; Dollar Flies as Fed Plans to Double Down on Rate Hikes
getting worst

lehubeng

781 posts

Posted by lehubeng > 3 weeks ago | Report Abuse

0.02 soon .....

sunsetbiz

367 posts

Posted by sunsetbiz > 3 weeks ago | Report Abuse

actually no newbies or oldbies here ....all become sleepy which believe in miracle happen and keep waiting ...:)

Posted by Harimaukecik > 3 weeks ago | Report Abuse

ya this stock can hold for such long period at this value....really something

lehubeng

781 posts

Posted by lehubeng > 3 weeks ago | Report Abuse

0.02 soon.....

lehubeng

781 posts

Posted by lehubeng > 3 weeks ago | Report Abuse

gold drop.. verde drop... 0.02 soon.....

sunsetbiz

367 posts

Posted by sunsetbiz > 2 weeks ago | Report Abuse

later aft raya if go consol how all newbies & oldbies reaction ?? ....buy popcorn watch show....:)

Jessgoh

1,140 posts

Posted by Jessgoh > 2 weeks ago | Report Abuse

no oldbies or newbiews in mkt only winner or losser . Dont keep cheating others n urself is good way to make profit.

lehubeng

781 posts

Posted by lehubeng > 2 weeks ago | Report Abuse

unlikely have gold production next QR. likely 0.02 soon....

pineapple123

2,407 posts

Posted by pineapple123 > 2 weeks ago | Report Abuse

Why Bornoil unable to surpass the price of 21.5c (based on last Oct 2015)?

I am surprised by how a current EPS of 0.2 and with NTAB of 11c ( current share at 0.025) unable to breach the price of at least 5c onwards.

OKU_2020

2,366 posts

Posted by OKU_2020 > 2 weeks ago | Report Abuse

Oh Boy ....
Gold collapsed almost 50 to 1863

OKU_2020

2,366 posts

Posted by OKU_2020 > 1 week ago | Report Abuse

getting WORST

MZM2511

3,511 posts

Posted by MZM2511 > 1 week ago | Report Abuse

INTERIM REPORT FOR BUKIT IBAM GOLD PROSPECT AT MUKIM KERATONG, PAHANG
Borneo Oil Berhad (“BOB”) is pleased to announce that its wholly-owned subsidiary, Borneo Oil & Gas Corporation Sdn Bhd (“BOG” or “the Company”), has completed the interim exploration works on Zones D and H at Bukit Ibam Gold Prospect and an Interim Report has been prepared and signed off by a “Competent Person”. This announcement is based on an Interim Report that is not in accordance with the Australasian Code of Reporting of Exploration Results, Mineral Resources and Ore Reserves “JORC Standards”.

The overall potential for this combined area is estimated to be 400,000 tons of ore containing approximately 200kgs of gold with an average grade of between 0.3 and 0.5 g/t Au.

Source: OTHERS COMPLETION OF INTERIM EXPLORATION WORKS ON ZONE D AND H AT BUKIT IBAM GOLD PROSPECT
( https://www.bursamalaysia.com/market_information/announcements/company... )

MZM2511

3,511 posts

Posted by MZM2511 > 1 week ago | Report Abuse

THE ADDITIONAL GOLD MINING LEASE ACQUIRED BY BORNOIL

On 7 th May 2021 Bornoil (BOG) entered into a new mining area following the approval of a New Mining Lease pursuant to the Exclusive Production Sharing Agreement (EPSA) signed on the 11 March 2015 with HDL Global Sdn Bhd. The said new mining lease was part of the mining area measuring approximately 1,200 hectares (3,000 acres) at an area known as Blok A,SKC(H), 1/2001, Hutan Simpan Bukit Ibam Mukim Keratong, Daerah Rompin, Pahang, contracted to HDL by Perbadanan Kemajuan Negeri Pahang on 21st May 2010.

BOG is currently conducting mining works at a mining lease measuring 187 hectares (462.08 acres) and the new mining lease will add another 175.04 hectares (432.53 acres) for the company’s gold mining operations.



BENEFITS OF THE NEW GOLD MINING LEASE TO BORNOIL

The New Mining Lease of 175.04 hectares (432.53 acres) is adjacent to BOG’s Existing ML area of 187 hectares (462.08 acres) BOG will have a total mining area of 362.04 hectares (894.53 acres) at Mukim Keratong, Daerah Rompin, Pahang.

BOG has also recently acquired an interest in a company known as Ratna Pura Sdn Bhd which owns a mining lease measuring 194.14 hectares (479.73 acres) also located at Mukim Keratong, Daerah Rompin, Pahang.

With this New Mining Lease, BOG will operate a combined mining area of 556.18 hectares (1,374.26 acres) at Mukim Keratong, Daerah Rompin, Pahang and at the same time continue exploratory works on the remaining 837.96 hectares (2,070.64 acres) of the Mining Area pursuant to the EPSA.

BOG is able to leverage its expertise on the Mining Area with its present domain knowledge of Mukim Keratong and will also save on the deployment of equipment and machineries to the adjacent New Mining Lease for Mining Works.

Orson Chin

1,907 posts

Posted by Orson Chin > 1 week ago | Report Abuse

So… bornoil. .. when u going to dig gold bar ?

OKU_2020

2,366 posts

Posted by OKU_2020 > 1 week ago | Report Abuse

ladies and gentlement....GoneOIL @BornOil is impotent edi
#NoCure

ahbah

4,937 posts

Posted by ahbah > 1 week ago | Report Abuse

" The overall potential for this combined area is estimated to be 400,000 tons of ore containing approximately 200kgs of gold with an average grade of between 0.3 and 0.5 g/t Au. "

Bornoil got found 200 kgs of GOLD !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Donator

792 posts

Posted by Donator > 1 week ago | Report Abuse

TP 0.3

hongheng7

241 posts

Posted by hongheng7 > 1 week ago | Report Abuse

Why not one buy?

singkalin

329 posts

Posted by singkalin > 1 week ago | Report Abuse

Everyone still unsure whether this another ghost stories to purge up the share price.

alexisvics

940 posts

Posted by alexisvics > 1 week ago | Report Abuse

No need to rush....man man lai. The day will come....

hongheng7

241 posts

Posted by hongheng7 > 1 week ago | Report Abuse

Seller more than buyer

Michael R.

3,975 posts

Posted by Michael R. > 1 week ago | Report Abuse

Nowadays many simply gone for SELL on NEWS... beware...

Michael R.

3,975 posts

Posted by Michael R. > 1 week ago | Report Abuse

As prices has gone lower.. chances this one will go for consolidation and then to finance their subtle project via RI/PP.. just TAYOR...

Today AGES done consolidation and now is doing RI..

The pattern of super penny stocks are mostly all identical.. Just to remind that...

lehubeng

781 posts

Posted by lehubeng > 1 week ago | Report Abuse

beware.... TAYOR.....

OKU_2020

2,366 posts

Posted by OKU_2020 > 1 week ago | Report Abuse

Who Cares on this Impotent GoneOIL@BornOIl

lehubeng

781 posts

Posted by lehubeng > 1 week ago | Report Abuse

ESOS, PP, CONSOLIDATION, RIGHT ISSUE, 割retailers韭菜。。。。

OKU_2020

2,366 posts

Posted by OKU_2020 > 1 week ago | Report Abuse

CONSO .......!!
Pergghhhhh

lehubeng

781 posts

Posted by lehubeng > 1 week ago | Report Abuse

sell at 0.025 increased. 0.02 soon......

OKU_2020

2,366 posts

Posted by OKU_2020 > 1 week ago | Report Abuse

2 sen anytime....consolidation is imminent

lehubeng

781 posts

Posted by lehubeng > 1 week ago | Report Abuse

gold 1855.... bornoil 0.02 soon....

sunsetbiz

367 posts

Posted by sunsetbiz > 1 week ago | Report Abuse

after years watch show here still got oldbies and those think tat they r newbies keep dreaming here....:)

OKU_2020

2,366 posts

Posted by OKU_2020 > 1 week ago | Report Abuse

Getting KAPUT day after Day.....
2 sen anytime....consolidation is imminent

SincereStock

1,268 posts

Posted by SincereStock > 6 days ago | Report Abuse

@sunsetbiz if years is too long for you, don't invest, go gamble

lehubeng

781 posts

Posted by lehubeng > 6 days ago | Report Abuse

Good news to newbies.... 0.02 and lower soon... newbies waiting to buy at cheaper price...cheers....

OKU_2020

2,366 posts

Posted by OKU_2020 > 5 days ago | Report Abuse

getting worst
COFFIN Warrant WC half sen@0.005 anytime

singkalin

329 posts

Posted by singkalin > 5 days ago | Report Abuse

ESOS Again.

OKU_2020

2,366 posts

Posted by OKU_2020 > 1 day ago | Report Abuse

036 (BORNOIL)
Additional Listing Announcement /Subdivision of Shares
13-05-2022 11:46:39

Additional Listing Announcement /Subdivision of Shares
1. Details of corporate proposal
Whether the corporate proposal involves the issuance of new type and new class
of securities? N
Types of corporate proposal : ESOS
Details of corporate proposal : Exercise of Share Options
No. of shares issued under this corporate proposal : 22,000,000
Issue price per share ($$) : 0.0230
Par Value ($$) (if applicable) : 0.000
Latest issued share capital after the above corporate proposal
In the following
Units : 8,233,117,079
Issued Share Capital ($$) : Malaysian Ringgit (MYR) 630,141,979.000
Listing Date : 17/05/2022
Remarks: Hmmmm......

lehubeng

781 posts

Posted by lehubeng > 1 day ago | Report Abuse

endless esos, how much left?

Valgrovest

1,222 posts

Posted by Valgrovest > 22 hours ago | Report Abuse

Read the above article on Borneo Oil acquisition of a clinker plant. This is a big positive for Bornoil.

Posted by whistlebower99 > 22 hours ago | Report Abuse

Directors are good in utilizing company fund.

Pursuant to Paragraph 10.06 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of Borneo Oil Berhad ("BOB") wishes to announce that BOB has on 17th May 2022 entered into a Sale of Shares Agreement ("SSA") with MT 23 Resources Ltd for the acquisition of 28,361,208 Ordinary Shares representing 22.49% of the existing equity interest in Makin Teguh Sdn Bhd ("MTSB") for a purchase consideration of RM73,558,063.00.

Please refer to the attachment for further details of the Acquisition.
This announcement is dated 17th May 2022.

========
Continue to monitor
Directors utilization of company fund
Directors plan to issue shares to raise more fund

lehubeng

781 posts

Posted by lehubeng > 21 hours ago | Report Abuse

issue new shares will not benefit retailers.....

Posted by UncleFollower > 21 hours ago | Report Abuse

Give credit when credit is due

No new shares to be issued

Bornoil is paying with the entire stake of SBB done valuing each share at 0.0514.

This clears off all the Treasury Shares

Together with recent gold announcement for total 822kg gold potential to date…maybe about time to goreng

Alas we are used to hope already. Hopefully it’s not so hopeless in 2022

MZM2511

3,511 posts

Posted by MZM2511 > 20 hours ago | Report Abuse

@UncleFollower.... YES...
It said the purchase consideration of RM73.56 million, arrived at a "willing buyer, willing seller" basis, will be satisfied by way of treasury share transfer and cash from internally generated funds.

lehubeng

781 posts

Posted by lehubeng > 6 hours ago | Report Abuse

retailers no confident with bornoil business expansion. sell at 0.025 increase today.

SincereStock

1,268 posts

Posted by SincereStock > 4 hours ago | Report Abuse

FOR OLDBIES

just tell newbie you guys don't happy that newbie can now buy much cheaper than you guys

tell them you guys don't want them to buy cheap from operator now, you guys want them to buy at more expensive price from you guys

OLDBIES don't want NEWBIES to join this counter. NEWBIES also want OLDBIES (especially those negative and keep whinging ones) to leave this counter.

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