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If oil is found as a result of P1 drill I wander the sp?
ZagEgypt
Agreed that P1 is the main event - I just think that what emerges from T&T (most likely delays to start with) will not sit well with the picture that EU painted in that presentation. I still don’t understand why they would spend time and money they don’t have to on those assets at the current low oil price, not when they have something like P1 going on. Hopefully, as I say, I will have exited by that point. In any event the P1 drill result will, for good or for ill, trump any T&T irritations.
Ross
Why would it spoil the party, P1 is its own entity and for sure why everyone is here, so T&T is just extra cheddar on the side, and by going what EU said she could contribute $$.
You can do a dummy trade to see. 2.41 to buy just now.
Interesting presentation. Not sure Eytan is the man to turn to for IT support but he presented a reasonably clear picture when it came to P1. I don’t share his enthusiasm for the former CERP assets or understand why time and money are being spent on them at this stage, but from the point of view of someone looking to exit on or before P1 spuds, I am hoping for plenty of solid P1 milestones to facilitate my exit long before any news from T&T spoils the party.
How do you know 2.4p and above is a buy out of interest?
Anything above 2.40 is a buy mm's up to usual tricks ...boring ****s
jcgswims
Ta.
Presentation from yesterday available
https://ukinvestormagazine.co.uk/bpc-plc-presents-at-the-uk-investor-magazine-virtual-conference/