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Hi Mike,
Been awhile since I posted. Had rather a lot going on in my private life RE bereavement & cancer.
Just want to say thanks for considerably backing the OO.
Last time I remember a post from you ,you mentioned about selling some to offset tax losses or something.
Did you end up selling many at that time ?
Let’s hope this time round S2 will be fulfilled and development comes in.
The countdown is on!
Great result today, Saffron 2 appraisal well begins in 6 days.
Druid I understand your point but somewhat disagree. I think this is evident with the mircocap stocks as they are at the determination of the market makers.
This is duck number 2 now lined up.
Even though the history of the company is what it is, I don't think the market values BPC based on what NR or LK did or didn't do. I think its only shareholders who hang onto past events.
How many additional shares can the BOD place on the market without going for shareholder approval?
EGM resolutions x 5 PASSED... see RNS
Onwards and upwards. Read my post in the morning.
Starchild
xxx
Honestly SvS, ...Share pricing is always a mystery to me and it seems assets are worth what people are prepared to pay for them, or are convinced to pay for them...depending on their individual or borrowed view of the future.
In a fresh world, with no LGO/CERP/BPC hang-over, I can understand a punt from a PI at this point, but it will be short-lived unless the overriding management philosophy changes.
There is only one type of company that succeeds (for shareholders) in O&G, those that are both Technically Driven and Well Funded.
These attributes are usually quite obvious in any groups track record of operations which is hard to fake, and leopards don't change their spots...
Druid On!
Let's see if the results move the needle.
Driud in your opinion; do you think the market has priced in both L.K departing & S.P stepping down?
TheBhoys,
If L.Koot (AHTPP) was right, why did he simply not push on after the... 'material company-changing discovery S1 which was exactly what he was looking for'...
More like Kootsie et al got the golden parachute from BPC shareholders, and Potter et al got the gilded lifeboat from CERP shareholders, the later we are witnessing today....as it pretends to be a bulk carrier.
Do your own research, INDEED , IDEALLY BEYOND COMPANY-GENERATED WAFFLE!
Thanks Tonsan! Do you have the percentages for and against
Starchild
Blimey, what a confident prediction lol
I attended the EGM. All 5 Resolutions were passed. Now we need news on the outcome of the Open Offer later this week.
deltalo - Saffron 2 drilling is dependant on offer and placing, no RNS on those today
That's the planned timeline.
Only thing you miss is that the Offer and Placing need to be a success to move to next week in the plan.
All resolutions will be passed, that’s obvious.
Let’s see what the next couple of months bring. My optimism will be based on results, not opinions like the past, so let’s hope that our ex boss, L.Koot , was bang on with his predictions.
Does anyone know how to get "live" updates from the Extraordinary General Meeting?
Should get an RNS shortly, hopefully all passed so we can get on with the Saffron 2 drilling.
What happened to 0.4p and 0.47 looming and 6% up. When it’s 0.38p and 0.38p.
You have to stop using your dads computer Santiago666.
You make predictions the ask for opinions about it going back down to 0.35p.
Your cheese has slipped of the cracker. I have taken into consideration your age and mental capacity but for goodness sake, stop making yourself look silly.
I don’t want to get into a war of words with a teenager,, on that basis I shall be filtering you.
Piece of advice, don’t let your dad catch you on his computer.
Today
About share price, how low from here we can top up 0.35?again
Not that boring old chestnut again. Everytime some posts something unpopular they get asked if they hold, it's so boring. Yes to repeat myself yet again. I hold a very amount here, luckily my percentage loose is huge, my actual sum lost is not that high, aim shares are pretty much only worth a small flutter, rarely are they worth a large flutter. Why haven't I sold? Well I'm in the fortune position of not desperately needing the hundred quids worth I have left here, so leave them and hope, but never, ever add.
DavidBrent: do you have any shares in BPC? If so, ...
why do you regularly write posts in such an apocalyptic tone?
why do you attack other LTHs?
why haven't you sold your shares and moved on?
is it not akin to a divorce settlement, and you agree to share everything 50-50, but sell the house for 1000 quid, purely to get revenge on the ex-wife?
It makes no sense to act this way!!!!
Respectfully,
Starchild
Trollers last ditch attempt - too late mate. Read Starchild's post for the proper information.
No need for anyone to do one ounce of research here. You only have to remember the years and years of failure, failure in every way. Waste of time writing out a time line of events. We all no they either don't happen or end in failure. The company that was fully funded to do 80% of the job, will always be that company, a disastrous place to put any more of your hard earned.