BORNEO OIL BHD

KLSE (MYR): BORNOIL (7036)

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Last Price

0.005

Today's Change

-0.005 (50.00%)

Day's Change

0.005 - 0.01

Trading Volume

1,073,400


34 people like this.

30,253 comment(s). Last comment by OKU_2020 16 hours ago

GoodBoy

6,594 posts

Posted by GoodBoy > 2016-09-23 15:05 | Report Abuse

Today warming up only la ... next week big show .... cheers ....

GoodBoy

6,594 posts

Posted by GoodBoy > 2016-09-23 15:08 | Report Abuse

I m hoping only .... cheers ....

paperplane2016

21,713 posts

Posted by paperplane2016 > 2016-09-23 15:12 | Report Abuse

buy more WC first. wait see if can break towards 0.16. hehe

johnklp

74 posts

Posted by johnklp > 2016-09-23 15:13 | Report Abuse

Power up up up !!!!!

johnklp

74 posts

Posted by johnklp > 2016-09-23 15:14 | Report Abuse

Today will close at 0.20

kllady_fidah

1,700 posts

Posted by kllady_fidah > 2016-09-23 15:15 | Report Abuse

love gold more than diamond lah

GoodBoy

6,594 posts

Posted by GoodBoy > 2016-09-23 15:16 | Report Abuse

Next week can't get it below 0.20 .... keeping my fingers crossed .... cheers ....

funda

484 posts

Posted by funda > 2016-09-23 15:17 | Report Abuse

paperplane, WC at 0.16? waahh..goood :D

yk1188

132 posts

Posted by yk1188 > 2016-09-23 15:23 | Report Abuse

Many contra kaki...difficult to move higher price.Need big shark move it higher..

paperplane2016

21,713 posts

Posted by paperplane2016 > 2016-09-23 15:23 | Report Abuse

I expect bornoil 0.23, if premium of 20% of WC, WC=0.16

bonus2016

900 posts

Posted by bonus2016 > 2016-09-23 15:23 | Report Abuse

today is bornoil day ! after 4 movement should be interest ! will bornoil break 0.200 today ?

GoodBoy

6,594 posts

Posted by GoodBoy > 2016-09-23 15:30 | Report Abuse

Thks Paperplan, i hv mom n WC also .... cheers .....

yk1188

132 posts

Posted by yk1188 > 2016-09-23 15:34 | Report Abuse

Half million share just up 0.005....so need how many volume daily to sustain n move above 0.20????

LYH78

140 posts

Posted by LYH78 > 2016-09-23 15:38 | Report Abuse

heavy counter, need time slowly move.

funda

484 posts

Posted by funda > 2016-09-23 15:45 | Report Abuse

paperplane, Hope the market will give WC 20% or even higher premium once the QR out :D

Posted by allnew_bruce5113 > 2016-09-23 15:58 | Report Abuse

Redz1, not yet meet my target price already go back to original place... :-( bonus2016, me too just kidding only, bornoil just steam awhile, then stop already... :-( up up up...bornoil... :-D :-D :-D

GoodBoy

6,594 posts

Posted by GoodBoy > 2016-09-23 16:17 | Report Abuse

Possible of last minute buying up .... cheers ....

yk1188

132 posts

Posted by yk1188 > 2016-09-23 16:46 | Report Abuse

Seller more than buyer? Get ready..

GoodBoy

6,594 posts

Posted by GoodBoy > 2016-09-23 17:11 | Report Abuse

Hopefully next week can go above 0.200 .... cheers ....

bruce551133

3,339 posts

Posted by bruce551133 > 2016-09-23 17:12 | Report Abuse

same pattern, same behavior... :-( up up up...bornoil... :-D :-D :-D

bruce551133

3,339 posts

Posted by bruce551133 > 2016-09-23 17:19 | Report Abuse

production just slightly higher than previous, inventory drop quite much... :-o up up up...bornoil... :-D :-D :-D

funda

484 posts

Posted by funda > 2016-09-23 17:20 | Report Abuse

monthly production increase to 4,462kg... inventory reduce to 668.72kg... most likely sold on high price to lock in some profit... month highest was USD1,363.68 per oz.... this month can accumulate back at around 1300

feiloh

911 posts

Posted by feiloh > 2016-09-23 17:21 | Report Abuse

So..how?...where is the q result?.....

yk1188

132 posts

Posted by yk1188 > 2016-09-23 17:22 | Report Abuse

Volume up but pricce stagnant..Mean take chance to wash hand ? Take rest in weekend n get ready big show on monday, tuesdaay....

bruce551133

3,339 posts

Posted by bruce551133 > 2016-09-23 17:28 | Report Abuse

feel nervous and pressure waiting qr, fast fast released next monday morning... :-o up up up...bornoil... :-D :-D :-D

funda

484 posts

Posted by funda > 2016-09-23 17:38 | Report Abuse

they release the Mining report first instead of QR... purposely make us nervous... :D

bruce551133

3,339 posts

Posted by bruce551133 > 2016-09-23 17:43 | Report Abuse

today volume increased because of this mining report, if take this as assumption, if next week price suddenly increased maybe served as indicator possible qr is good or vice versa... :-D up up up...bornoil... :-D :-D :-D

Posted by acmilan2005 > 2016-09-23 17:46 | Report Abuse

chances of price to increase next week is very high.

bonus2016

900 posts

Posted by bonus2016 > 2016-09-23 17:52 | Report Abuse

ya, really cant estimate Mining report before QR. This week, we all waiting for it, today i think most of us thinking that today is the day, expecially looking at the volumn and the movement, but at last Mining report. Next week Monday ? Tuesday ? or even Wednesday ?

bruce551133

3,339 posts

Posted by bruce551133 > 2016-09-23 17:55 | Report Abuse

if looking at past previous qr records, maybe next week on 28 Sept or 30 Sept... :-D up up up...bornoil... :-D :-D :-D

bonus2016

900 posts

Posted by bonus2016 > 2016-09-23 17:56 | Report Abuse

Bruce, i dont think today volumn related to mining report. I think in positif way, QR later maybe good for us, i am wishing that price should move above 0.200 before QR release, wish a good QR, it is not impossible for bornoil to break even 0.250 next week. just my personal opinion for dharing, go go go, bornoil

Posted by allnew_bruce5113 > 2016-09-23 18:08 | Report Abuse

Haha...bonus2016, i also hope my assumption is wrong, because my heart also wishes bornoil will up up up... :-D :-D :-D

Redz1

1,056 posts

Posted by Redz1 > 2016-09-23 18:31 | Report Abuse

Well guys. A good volume today. Next week will be our week. Paperplane remember you,'ve recommended me to buy wc?Ha3 all of us are accumulating mum n son. Bonus wishing that our will be fruitful soon n forever. Short,medium n long term.

Speedup

22 posts

Posted by Speedup > 2016-09-23 18:48 | Report Abuse

Continue up up up wc....cheers

OPMS

1,183 posts

Posted by OPMS > 2016-09-23 19:33 | Report Abuse

wow, such huge volume.. everyone must expecting another good qr i guess..

paperplane2016

21,713 posts

Posted by paperplane2016 > 2016-09-23 20:04 | Report Abuse

I hope so. I saw they reduced inventory. Means sold at higher price earlier. Realised peofit shld be good as they bought gold cheap earlier this yr.

4086

105 posts

Posted by 4086 > 2016-09-23 20:11 | Report Abuse

Qr should be around 15-18mil.

gr980com

80 posts

Posted by gr980com > 2016-09-23 20:18 | Report Abuse

thanks for sharing

yk1188

132 posts

Posted by yk1188 > 2016-09-23 20:19 | Report Abuse

2days trading more 150,000,000 n only up 0.01cent. If we need exceed 20cents mean estimate monday n tuesday total trading volume need exceed 200,000,000 trading to kick out the contra kaki. Hope this weekend can attract more buy to come in next week. Hope wishes will come true.

Redz1

1,056 posts

Posted by Redz1 > 2016-09-23 23:15 | Report Abuse

Good luck everybody. Hope next week will be the week. Have a great weekend w optimistic feelings

Redz1

1,056 posts

Posted by Redz1 > 2016-09-23 23:16 | Report Abuse

Bruce,you can have a good sleep n weekend. Bonus we're on the same boat. Nice sharing info. U 2 paperplain

Posted by allnew_bruce5113 > 2016-09-23 23:43 | Report Abuse

redz1, i thought tonight can celebrate with bottle of champagne, but end up just with a cup of plain water only... :-( hope tonight Insomnia not come to visit me... :-D up up up...bornoil... :-D :-D :-D

Redz1

1,056 posts

Posted by Redz1 > 2016-09-24 00:39 | Report Abuse

Plain water is good for you. If you celebrate with champaign, you can get ulcer, then cannot celebrate.

paperplane2016

21,713 posts

Posted by paperplane2016 > 2016-09-24 01:10 | Report Abuse

Haha. Dont worry. When phase 2 studies come out, I think will be good

funda

484 posts

Posted by funda > 2016-09-24 01:22 | Report Abuse

Paperplane, any idea when the study results will be out?

paperplane2016

21,713 posts

Posted by paperplane2016 > 2016-09-24 02:14 | Report Abuse

You read back earlier announcement

paperplane2016

21,713 posts

Posted by paperplane2016 > 2016-09-24 02:17 | Report Abuse

The Company’s independent resources and reserves estimation consultant, Agus
Dwi Susanto, a member of Ikatan Ahli Geologi Indonesia and Persatuan Ahli
Pertambangan Indonesia, has prepared a gold prospect resource estimation
report on Bukit Ibam dated 19th July 2016.
The inferred gold resources for Bukit Ibam for the 1st Phase is 60,814 troy oz
(1,891.5 kg) embedded in 6,266,663 tonnes of oxide and fresh ore with an
average grade of 0.3 g/t.This also comprises of 874,228 tonnes of ore with an
average grade of 1.0 g/t or 28,107 troy oz (874.2 kg) up to a depth of 25 metre.
The above is based on 15 trench lines with a total length of 5.4 km, with 2,209
samples taken and a total drilling of eight (8) diamond drilled holes, of which four
(4) are at depths of 50 metres and another four (4) are at depths of 85 metres ,
totaling 537 metres and obtaining 336 samples from the same.

paperplane2016

21,713 posts

Posted by paperplane2016 > 2016-09-24 02:18 | Report Abuse

The 2nd Phase of exploration works on Bukit Ibam is ongoing and further
announcement(s) will be made upon its completion.
The Bukit Ibam gold prospect is a vein related gold deposit with many
characteristics of orogenic gold deposits where mineralization is hosted in quartz
veins. It lies within the Peninsula Malaysia Eastern gold belt that extends from the
north of Kelantan to Johor. The Eastern Belt comprises of Carboniferous to
Permian metasedimentary rocks and also of pluton-volcanic rocks related to acid
igneous rocks. In Bukit Ibam, the volcanic rock contains significant quartz veins
stock work that are related to structural deformation and als

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