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No worries IK.
I've been lurking here a long time (well iii really) and as you say when PoC writes its worth a read hence my question.
Baku
Pax vobiscum.
The thing to remember is that many on this board are LTHs of 10 + years and we get each other’s idiosyncrasies and expertise/strengths.
If POC says something, I for one pay great attention.
GL Mon ami
IK
Xx
Looks like posts crossed. I knew what you meant. IMO.
I think this was in reference to PoC inferring that the Gov BH know something...
IMO IMO IMO IMO IMO IMO.
IK. No bowing required and not claiming any expertise. I just think we have wires crossed.
PoCs made the following statement 'Bahamian Government insiders on the possibilities of oil from meetings held with majors and BPC coming to the fore.'
I asked was this something he had knowledge of or his opinion. He replied with words about Majors being approved by BoG which is obvious so i am assuming his original statement was just his opinion in which case it would have been easy to state that.
Baku what are you talking about please elucidate.
You’re obviously an expert please enlighten me as to what I did wrong sir and I will bow to you.
IK...So it was guess then. All that needed to be added was 'imo'.
TSAE Its only a handful of shares being offered to Bahamians, not much in the great scheme of things.
Baku
How could he know something - that would be insider trading and a slur on one of our team!
We don’t do that do we?
GL
X
*with good news!
...and the same at 2p when sp was at 4p... and had circa 40% take up. The remaining shares were then up'd to 3.35p.
Yes of course, i get that. But you made a statement and i wanted to know if you knew something tangible or were guessing.
Which is all part of the EA approval being completed.
Bakueagle, Farmin majors need to be approved by the government. They want the best.
Do you think the sp will fall back to 3.3p as did txp when they had share sale to iis at 38p
Must be some form of rumour creating this rise!
Everytime we have had a rise like this, the days following an RNS has dropped without good news.
My moneys on a farm in!
Pageofcups
Is that your opinion or you know something?
Bahamian Government insiders on the possibilities of oil from meetings held with majors and BPC coming to the fore.
What we are seeing now are quality Bahamian investors influencing the sp and putting the word around to others.
On the 31st march the fund will be selling shares at 3.3p to locals. Its basically a discounted share issue at these levels.
The advice you give is great and much valued. Keep it up
I can see where you get your team ethic from ;)
Shami.
Absolutely mon ami.
I’m just trying to prime those with slightly less market experience for contingency planning purposes.
I hope I don’t appear patronizing - just trying to be a team player which ch I consider our Board to be - our team. BTW I support Liverpool.
GL
IK
X
IK. In all honesty i am hoping for some news like what you have mentioned. The market will panic and SP dip... which gives me another opportunity to buy.
I am in this to the drill so what goes on between now and June/July (results) doesn't really affect me. I do of course like to see it ticking along nicely as the higher it is now, the higher it will become!
Sorry if this sounds a little selfish of me. I do hope for the best for everyone involved especially for the LTH. Its great that a share is mainly owned by PIs too and not large firms playing the market as with others!
Whatever happens, needs to happen in the next 3 ish weeks imo - mid-march. So either way, we'll have updates which will (and could) be spun a number of way.
Slowly-slowly, although not that slow because...well... please see above.
I think all things are progressing well behind the scenes re rig/EA etc.
However just be careful on anything being announced that does at first appear negative.
E.G. “CLN signing deferred to later date” again.
On first blush that could be taken as funds not available. The probability is that it means better terms have been found elsewhere including farmin.
Same for slow rig announcement as MAJOR may have their own rig.
GL.
IK
X