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Yep you’ll need the energy for your AIM related day job.
T total. I’m sweet enough.
Denial is a good defence Irene.... but your not fooling me.
I still don’t think you have grasped the free part of “free ride”.
Free ride mate. I did advise you... you chose to ignore. That’s all on you. Though it does explain why you are still here as painful as it is.... you can’t walk away from the missed opp. Tut tut.
Rather you missed out on 3 years of opportunity... which I have given you examples for.... and even now after the fact you still cannot accept it. Sad really. Blinkered by your failings. You could have done it without risking your own capital.... you must be gutted mate,
You can lead a horse to the river....
You need to focus more on the timing of your own trades Irene. Don’t fall into the blame someone else brigade.
It’s on you that you missed out fella. Only you.
You can’t change the share price history... :)
I know. It can be frustrating disputing facts.
Then refer to my post at 17:00 today. You may have already forgotten. Bless.
The multiple bags you missed out on. I can’t hold your hand to make the free riding trades for you. Only you can do that. Learn from your mistakes.... and move on and try to stop being bitter about what happened to you in a stock you claim you don’t care about.
It makes zero sense.
Now Irene is pretending to not know what ‘Free Riding’ is. Look back at the history of posts. Sometimes it’s painful to read.... knowing the decisions you ended up making.... though denying any knowledge is probably due to it being a very difficult pill to swallow.
“Think of a happy place” syndrome I guess.
Don’t forgot Irene.... I did advise you to ‘Free Ride’ if you are of the nervous disposition... but you bottled that strategy too... what more can one say.
If you didn’t have the minerals to buy CERP at 1.1p Irene...back in March you only have yourself to blame.... but you have paid the ultimate price by devoting years of your time deramping. Time you will never ever get back.
Yet tomorrow you will probably wake up and do the same thing again and then again.
Bought any Tesla shares yet ? :)Lots of rampers there fella. :)
Irenekrapp had royally shafted himself when he missed the rise from 2.8p to 8p when Leo Koot first too over and Schroeder’s bought in.
Then he missed the rise from 2.2p to 5p last year.
He then missed the rise from 1.1p to 2.6p earlier this year.
Wouldn’t you be ****ed off too. He created this situation himself... but what can we do.
For a brief moment there it was going very well, lth posters back in charming and erudite form, good to see our CERP cousins such as Williec aswell adding value to the new board, but there is always one.
perhaps this attire for the meet up instead of Hawaiian shirts? appropriately made by "reluctant femme"
https://www.redbubble.com/i/t-shirt/Don-t-Let-The-Bastards-Grind-You-Down-by-ReluctantFemme/27356412.XNZKR?utm_source=google&utm_medium=cpc&country_code=GB&utm_campaign=c.pla - [g.gbr] [l.eng]
Let's not forget that, if BPC is successful with P1 test, then should they sell it on rather than become a producer themselves, there could be a Special Dividend.
IK: I’m delighted you are back! I’m clearly referring to IKing and not IKrapp, which the rest of this polite post is addressed to………..
Irene our precious, we are clearly having communication problems. Please read my post from this morning on potential dividends again, rather than quote it (or P-inv's) out of context. I have attempted to reach out so you can give your side of the story why you do not like the company, but you continuously refuse to do so. You don’t respond because you likely do not have any shares in our company.
These Irene communication problems are very frustrating and reminiscent of that swamp creature Schmeichel in Lord of the Rings trying to shyly propose marriage to a beautiful immortal elf girl by clumsily attempting to force his ‘precious’ ring on her finger. I personally would have just purchased the damn thing from Argos and couriered it to my target with a love letter using someone else’s photo, rather than having psychotic episodes. In fact it is baffling why this legendary talented good-looking Leicester City/Denmark goalie, allegedly spends days off cave dwelling wearing a loin cloth covered in filth with personal hygiene issues similar to Oil Man Jim’s photo.
[We wish to thank our generous sponsors Argos for this post. Argos has an amazing selection of inexpensive gold precious-es which can be purchased online. If anyone knows the whereabouts of the magic ‘precious’ from Lord of the Rings please let me know. It makes the wearer invisible and I propose our precious Irene wears it permanently so she can’t do her daily de-ramping of our BPC and CERP shares anymore.]
Starchild (AKA 'Starfish')
xxxx
Star: If the underlying assumptions are correct, the potential annual dividend per share could be more than today’s 2.4p share price. But DYOR.
P_I:
I did a few scenario models a while back and shared them (or at least the summaries) here in a positive post drill world for divi pays. On my most negative (positive drill result, 20% retained interest farm in model - with pre drill dilution at 50% and full spread of royalties based on BOPD) I stress tested the model with upper and lower bound production costs per barrel and the same for rate to market and POO - I confess my extract and rate to market figures were uneducated estimates based on a world where $45 POO was B/E for BPC)
It served to highlight to me just how sensitive we would be to a change in POO or production cost changes.
My av SP is going to be lower than many here today, I am in profit even at sup 2p.
That said in my model scenarios I was generally happy in a divi play world where 50% of annual net profit is returned to share holders.
I also played around with potential SP based on that as a 2,4,6,8 % yield.
That became very interesting.
I fully expect to be shot down by the derampers and bigged up by the rampers. Hence not showing the calculations this time. For the most part the people on the BB are intelligent enough to throw a model together in excel.
All that aside - and as much as I would like to see BPC take this all the way through to production and a world of dividend payments I expect if the drill results are positive we will be swallowed up and spat out long before production.
I can hear Isle of Mann cathedral court bells in the distance. In some cultures it is customary to read a poem during a wedding reception which often results in older folk crying and the younger guests wishing to throw-up. So, in celebration to the BPC/CERP wedding made in heaven today, I decided to post a naughty share trading/marriage themed limerick.
There was a share-holder from Kent
Whose ‘thingy’ was so huge it was bent
When making love to his new wife
She’d hold on for dear life
Because instead of coming,…… he went.
Key takeaway:
1. Exciting times ahead for BPC/CERP shareholders. On our 1st wedding anniversary in August 2021, the 2.4p SP today could be over 50p…., especially if babies are conceived by then (other CERP type acquisitions using cash leverage).
2. New potential shareholders: For 60 minute deep dive, see https://www.proactiveinvestors.co.uk/companies/news/907872/bahamas-petroleum-set-to-become-a-champion-with-columbus-deal-907872.html and watch (top left) presentation on https://www.bpcplc.com/videos-interviews/ and always DYOR.
3. IMHO BPC=Strong BUY
BTW, excellent informative posts from Obadhia, Tiburn, Byrani yesterday evening on how BPC could potentially temporarily sell oil off the back of a [Stena] rig. If the underlying assumptions are correct, the potential annual dividend per share could be more than today’s 2.4p share price. But DYOR.
Have a great day.
Starchild
xxx