London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Fortunately LK is still around and does not like standing still. The hope would be that he might put a hot poker where the sun don’t shine.
I know he not in charge in the current board structure however I do think he will be taking a lead role in developing the assets as well as helping with the funding organization and progress with the drill partner. Maybe a hint of a farm in if the right moves are made.
We do all just have to wait, I know this is old news for BPC and having lives in the Bahamas for 20 years I am well aware of the pace of progress and the dangers of the government putting a wrench in the works.
P&T, I think maybe you need to view it another way with BPC. They’re not bothered about playing their hand, they’re not even that bothered about us. All they want to do is get the drill turning and they have no real care what the sp does on the way there.
Look back to the Open Offer. They weren’t that interested in giving us a bite of the cherry as they knew they had financing boxed off with institutional placing regardless, They came out and said all the right things that they were listening to their shareholders and putting us first but we probably ****ed their plans up a bit. They wanted a hungrier market with punters starved of shares so it would line the pockets of the institutions that would support a placing and they would shift them on to us idiots.
They’ll deliver a well on a timeline that suits them and Bahamas government whilst being handsomely remunerated along the way and they’ll have accumulated that many share options by time we drill it matters little to them what the sp is and if we hit they’ll put hand in their pockets and buy the options, and if it’s a duster they’ve lost nothing.
They need to be pushed to deliver this well asap and get it over and done with rather than stringing everyone along.
See, that whinge makes me feel better now. Catharsis at its best.
That drill bit won’t start turning until Q1 2021. It will happen but the second lesson to learn is they don’t do anything early, they push the limits of what is promised, and then some.
They are in danger of over playing they're hand here.
Plenty of other shares out there that are great value at the minute.
Fair play though Jim the AA of the AIM made me smile.
ATB
Question is will they deliver in Q4 2020?
P&T, lovely thought and I and hundreds of others will agree with you that they need to talk to shareholders but you won’t get anything out of them.
The BPC board taught Anne Frank how to be quiet.
The only thing worth sticking around for here is the size of the prize and the competency in BPC management to deliver the drill, you don’t have to like them. Wishing for anything else from BPC is futile, so don’t let it get to you. You get used to it, promise.
That’s what this bulletin board is all about. Forget all the absolute rubbish that gets spouted on here about share prices, market makers, deals, buys/sells, etc - it all means nothing. This bulletin board is just a cathartic process to help us deal with the mute BoD, it’s like the Alcoholics Anonymous of AIM here.
I agree they need to lay out the plan. From progressing CERP assets to an update on the plan for the drill and which way the financing of the drill will be dealt with.
Has spoken / is speaking.
Time for the BOD to put this right and give an update on p1 or CERP assets.
The longer they stay silent the longer it will look like the Cerp play is to secure jobs on a no p1 drill or negative p1 drill outcome.
Time for them to earn their money.. let's see what they have got up their sleeve.
(Sweet FA is my bet)
IMO