Tuesday April 21, 2015
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Weekly Postcard #108 - All those links to India edition
Rand Paul for President – An Old skipper from London Irish calls & I’m going to New Hampshire

PERSONAL, UNDILUTED VIEWS FROM TOM WINNIFRITH

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Borders & Southern – I am not the only Sceptic

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- Tom Winnifrith

I noted here the other day that I had grave reservations about whether the Darwin condensate discovery made by AIM listed Falklands oil explorer Borders & Southern (BOR) was indeed quite the company maker that some folks thought it was. The shares were, at that stage 32.5p. Today they are 24.25p.

Apparently there is bad weather in the South Atlantic which some folks think will delay drilling down there. Get used to it. The waters of Port Stanley will never be like those off the Costa del Sol. That is a given. It should not drive share prices. I do note, however, that a leading oil analyst has served up a note which rather echoes my sentiments of a few days ago.

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