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1000-1500bopd extra oil.
8-12mil extra cash...
What not to like here when mcap is really tiny??
Good price to buy or average down imo.
Stick by what I said.
My opinion.
Don't think it is hilarious in the slightest.
No lies leave that to others.
But will add that it is a well timed rns.
Thanks EggChaser, same to you to. Yes all going very well for me with certain other investments which has helped take off the suffering and loss from here but here does intrigue me. After such a long time here i shall always keep an eye on it and even now there is still potential. The market however sure is giving this a beating and I hope the management can show some respect to the suffering shareholders and change their tune and actions. Will see what happens to the SP today and decide later, but unless a big rise today will just have to wait until all this money is tided up.
Eh up Tuckman - hope all is well in your world!
Decisions decisions eh?
Well as one of the gents with an opposing view from time to time I wish you well and good luck!
Hilarious comment by one of the threads biggest charlatans and liars...
But at least it's honest.
You would not know what to do with honest even if it was a size 10 and lay naked on a beach....
Jono44: your post is wrong. Funding is dependant on the EGM vote, PLUS....the open offer AND/OR the Institutional placement c24 hours later. A minimum £5m subscribed from the OO/placement out of +/- £6.9m on offer will trigger Bizzell funding for £2m.
It therefore does NOT put PI's on the spot.
Why do you keep posting here as you admit to having no BPC shares?
Starchild
Catch 22 situation. I have until tonight to decide on the share allocation. For record I sold out but still can apply for extra shares. Good news today and valid progress but is it fully dependant on a successful raise? If the share price drops further then who would buy at 0.35. I might be interested if the share price was higher. I guess the market will decide but will they really pull the plug if they can’t raise the funds? Where is the CLN money, I guess it really does not exist.
POC that’s how I read it - why spend if future finance is not clear - let’s hope it’s not a poker face play!
Willec I admire your tenacious style of posts but mate give it a little rest - even those on your side of the agreement are cringing at what you are saying. Don’t become as bad as the parasites you are battling with - it does you no favours!
Keep calm - let the SP do it’s thing - hopefully
Toodlepip
Initial reaction to rns was that it was positive for shareholders, but when reading starchild post it does look like it is dependent on shareholders providing the cash and in a way puts pi's on the spot.
It's all in the wording of the rns and how shareholders want to interpret them.
But at least it's honest.
Goid luck.
Willec,
As I explained last night, you couldn’t possibly have known until today, so what’s with all the ‘told you so’ *******s? And what’s with calling people twats? As SC says, you’re all hurting and it’s a shame you don’t direct your ire towards the management.
All you have ever said is good times ahead lol even before the 90 percent nose dive,
And it’s all invalid, all depends on the drill coming good as if it doesn’t the rest is just a pipe dream and be in even furthur debt , and even this drill depends on the placing that’s going through that could all fall apart yet
I was critised last night when I said it was a buy (23m) any thoughts now ummmmm!!!!
Only good news for myself and Starchild. Thankyou
Bad news for the rest as the majority on this board want the company to go bust for some reason.
Message to the trollers: When I said good times ahead, I meant it and this RNS - I say
TOLD YOU SO - onwards and upwards
23m trade makes sense now.
I guess they know the placing is in the bag to mobilise the rig.
https://www.londonstockexchange.com/news-article/BPC/saffron-2-rig-mobilisation-and-operational-update/14965374
Wow, where did dem dreams go? These days releasing RNSs about 200bpd...
Saw this and thought you guys would be interested.
Best of luck
Happy