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Tuckman your posts are welcomed as are Iceman and Eggchaser. We need honest debate and not continuous nonsense from those looking through rose coloured glasses. What annoys me is those who continuously repeat themselves everyday how the company is undervalued and trying to convince us that the BOD are top class and doing their best. We know the company is undervalued. As for the BOD being top class and doing a good job thats laughable. I hope that the SP rises to 1.25, then I like others, can part on nice terms. It will come that I have no doubt. Sit on your hands and be patient. With S.Potter at the helm we are going to need the patience of a saint. ATB to the family.
In fact how did your posting in January go then, who is the one showing lack of intelligence. Your distinct lack of respect for others with realistic opinions will no doubt get this thread removed. You probably are no doubt in the traders category as you have really not got anything decent to say about much. Good luck with your strategy, I hope genuine investors get rewarded here.
The company could actually do something positive for shareholders and value add. I have a seven figure holding here, my money my choice and as I said before I will hopefully get out on a decent Saffron result. You seem to lack the reality of the current situation and resort to insults. Your posting history shows you for the person you are. I would prefer a share price much higher but detest the likes of ramping clowns just trying to get there trading 10% swings. Many here are average 2p + Maybe you should have a word with the company and get them to deliver all this value add potential. They might listen to a classy individual like yourself.
Nah no complaints from me. I would rather the posts remain because they only show the real quality of the individual poster and their own intelligence level. It looks like threads get removed which therefore can obviously remove those posts which actually have good content in them and that is a shame.
Starchild, I appreciate your well reasoned and evidential posts - so do many others - and I agree with you that there is a lot of negative, vicious and unsubstantiated baloney posted on this chat board. There is more rubbish here than in the Pacific trash vortex.
So many IMO correct posts on here this morning it's nice to see. We all took a gamble on the P1 drill and it failed. It failed because the management didn't prepare for all events financial etc and maybe some bad luck thrown in but fact is it failed. They still keep is in the dark at how we are going to proceed financially and yet still have no rig contracts in place yet, so we may not proceed next month yet! The share price is what it is and you can't dress this up. Starchild you are now chief ramp boy , company man, big ego child. Whatever! You attack negative people. Negative people attack you. You make your bed, you lie in it. You post potential and no substance. You really are no better in your ramping than that bonum or petrodollar. You say you have 10s millions of shares, you are a pure gambler IMO , that's if you really own that amount. Real investors have CONCERN for their investment. You by the tone from your posting maybe are just a 10% trader our just reckless. Let the company do the talking with hopefully real value add RNS's and maybe come off their payroll and save them some money. All IMO of course but I have an entitlement to that!
Exactly! There is also nothing wrong with criticism towards a company, even when you are invested in it. In fact, one should be especially critical when invested in a company. CEO's are used to getting grilled by investors. It's good to keep their feet to the fire; maybe if these AIM companies were truly accountable they would be run by clowns and said clowns would have to perform and be kindly asked to leave.
I’d love for them to succeed but I was one of the fools new to investments and took a jump put all I had here and yeah I knew could go other way but I beleave what I wanted to hear looking back , and ignored some blatant sighned to pull out but that’s fine learnt my lesson and I can live with it being 80 percent down as we speak or there abouts, I can live with all that but what I can’t live with is everyone acting like this is the best thing since sliced bread because far from it and why would someone so heavily invested advise others to do so? As I’d tell everyone to run for his being 80 percent down and possible dilution on the cards but hey guess that just makes me honest, or wait a few ramper yet I am invested here and I’d love it to soar so I could get out without a major loss but I no longer wear rose tinted goggles or follow the pied pipers of this chat
Star, ignore the muppets if you can, they are hoping to force you to stop posting and/or leave this BB because of your extremely valuable, helpful and well researched contributions. Never let bullies win.
The last time this BPC BB got so acrimonious, and nasty was during the CERP merger. At that time there were 2 camps, pro-merger and anti-merger. The anti-merger CERP LTHs felt their BoD had sold them down the river. The anti-merger BPC LTHs did not want 1b shares to dilute a potential Percy-1 success. The merger happened and due to the Percy-1 result ex-CERP assets not only can save BPC LTHs from a disaster but all LTHs will benefit if it is a success. If a Bahamas farm-in/JV happens both BoDs will have been vindicated in creating this symbiotic relationship.
I predicted last week, BPC haters would get angrier as the SP rose leading to the expected RNSs. The SP has risen from 0.45p and will probably continue to meander higher pending news. What I did not foresee is the spiteful and venomous attacks against me and others as part of their anti-BPC rhetoric absurdly by persons who admit to having no shares.
I wish to make a few points for the record:
1. I have never ever implied. ‘CERP shareholders should be grateful that we have the BPC board to manage the assets and that BPC were some sort of saviour’. This is totally untrue. CERP’s assets can substantially increase the SP over the next few months, even weeks. The BPC BoD have the cash, or access thereof to invest in some assets NOW. CERP did not partly because of the Covid/PoO collapse.
2. Any price targets I set are based on professional analysts’ opinions. When not, they are heavily caveated with researched justifications.
3. The statement BPC is producing 250bopd is simply untrue. It is producing 450-500 as stated in recent RNSs. How can this person who admits to being a troll, dare to threaten me with… I will be contacting the authorities regarding your blatantly false and misleading post…’
4. I admit to making mistakes and have never arrogantly claimed infallibility. I normally provide verifiable sources/links but could not find legacy CERP RNSs. I made the wrong assumption CERP reached £60m+ Mcap in 2018, when the actual figure was £50m+ in 2017. Yet, the same person who accused me of wilfully misleading you, almost halved BPC’s current production to 250bopd.
5. I note this person ‘detests’ me personally. It’s a very strong word which means to feel intense and often violent antipathy, stronger than ‘hate’. And sadden 10 fellow LSE members agreed with h/er. I am baffled what makes certain persons hate me, and more importantly BPC so much to the point they need to bombard this BB with intense negativity. Did they lose their life savings, a few thousand pounds, in CERP and it affected them to the point they now seek revenge whenever the SP ticks up? I don’t know.
6. I disagree we should be valued at the CERP merger price of £25m. I have provided reasoning, in good faith and on several occasions, why it should be higher. But that’s just my opinion.