I quit this forum does not mean i will panic panic disposed my shares on Monday cos my amount quite huge . My shares won't b less but infuture must added on , just matter of time . This round , haterssssss r winners .that's all . I will now concetrate my jobs as bornoil toilet manager , do my jobs good good , clean my toilet well well just wait my boss Tan Sri 's next visit . I sure will express our concern to Tan Sri .
Good morning everyone! The Q4 result was uninspiring and somewhat disappointing in terms of profitability numbers. However, the explanation of the catalyst projects are well informed. I'm confident the heal-leaching gold mining, limestone venture and biofraction vertrolysis plant will contribute positively to the group going forward. If u read carefully, the management has mentioned some numbers of the gold production going forward so we'll have to see it later in the coming months of production. The biofraction vertrolysis plant is the one gamechanger for the plantation industries for those involved in oil palm plantation business would know that biochar is the black gold in boosting production. Now lungshing is the license holder for the limetstone integrated processing so i think in the short term, bornoil will want to monetize from its limestome quarry assets besides the many other ventures on the cards.
Chill out...neuwook is ready to accumulate more at cheaper price if the share price starts to descend next week. You can't expect bornoil to monetize every businesses at the same time but most importantly the company is working towards the catalyst projects. Be steady like neuwook mah.....Yaohoooo....!! wakakakaka
Despite the overall poor results as recorded for reasons as explained above the Group’s ongoing operations and those in the pipeline are in order. With close monitoring and necessary actions being taken, both remedial and prevention, the Board is confident that they would contribute positively as previously envisaged.
With the successful test run of the Bio-Fraction Vetrolysis Plant and the division working closely with foreign experts in this field, the Board is optimistic that the project will contribute positively to the Group upon its full completion for commercial production in the near future.
The 1st phase of the exploration and drilling activities in Bukit Ibam mine were completed with 5,000 metres of core drill and lab analysis. The company is in the process of compiling all geological data. With the completion of the 1 st phase of exploration and drilling, the initial mining operation is expected to start operations in April 2018. The Heap Leaching Pilot Project had successfully tested its process and a small scale start-up production will begin operation by the end of April 2018. Bearing unforeseen circumstances, once successful, the production will be scaled up gradually, with a target production of 2 kg to 10 kg dore gold monthly.
The Licence Holder(LH) of the Integrated Limestone Processing Plant (ILPP) had commenced earth and foundation works. With careful planning and corporation with LH, the Group hopes to benefit from the ILPP through the supply of limestone to the same and through some other mutually beneficial arrangements with LH. Any development in such arrangements of the ILPP, once finalised and if it involved the Group will be announced accordingly.
I will not run. Remember Tan Sri is a real businessman, he ruin his reputation. Before you want to invest, you must know who is the owner. Bornoil is for long term. Trade at your own risk.
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....
Woodswater
3,787 posts
Posted by Woodswater > 2018-03-30 22:34 | Report Abuse
I'm waiting slump at 0.00000. Hope dream comes true as soon as possible lol if u r able , my beloved haterssssss with hidden idssssssss.
Wakakakaka