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Anyone that makes investment decision off one mans opinion and podcast are playing a very dangerous game!
Thats why i don't see the point in listening to what he says
No one paid him any attention in the past and his view didn't seem to influence the price in any way - not sure why he's being headered for discussion now tbh and amidst the assortment of other commentators on the stock.
That especially so as Jimthenkow states, he's ill researched on the stock and not fully grasping the actual facts associated with such.
Have a good evening and looking forward to the days ahead.
Sounds like oilcanjim wants in and is distorting BPC
He does have 40 years experience in these sort of companies, if he's that good why his he still spouting ****, and as you say not living it up somewhere like the Bahamas :-)) GLA
He was saying don't Buy at 2p, lol
Oil man Jim is one random person on the web giving his opinion.
Have a good evening all
My opinion on imposter Jim has been voiced before and I’ll not vent off again expect to say this chaps depth of knowledge would appear shallow. To say the MF was a ‘flop’ shows an incredible misunderstanding of the macro situation.
I don’t disagree a placement of sorts may happen, I can think of reasons why it makes sense, however, that is not the current Plan A.
Surprised no one has posted these comments from omj yet. Keep the balance guys!....
Bahamas Petroleum Company (BPC) announced that its Bahamas mutual fund offer has flopped, raising only £700,000 at 2p. The locals were not as stupid as they thought and weren't lured in by the 3p+ price put up in the London market. I suspect a more conventional placing now will be coming up and at a somewhat lower price. They have to drill this year, or they lose the licence, so not much choice.
Well let’s get it on the BB and discuss. Mark of maturity imo. Firstly this is at complete odds with last rns that states first drill funded and we only need the mf for working capital (I have concerns there posted before but for different reasons) but fact we’re funded. Other point is omj has called bpc wrong repeatedly and if he’s such a great pundit why does he want £30 or whatever it is as a subscription. Don’t get me wrong he’s made good calls especially on the short side but you get my point. If he was that good he’d be sunning himself.
Trek, unperturbed!