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BPC have Preservance and Uruguay. As far as I am concerned that is 2 too start with and he is looking for others.
Keep ramping with Chesh lol
BPC is NOT an all or nothing 1 wildcat drill. FACT
FACT
The odds are stacked against you !
What the COS again ?
Not looking good here especially as BPC have CLN and that’s a fact !!!
CLNS aren’t known for being a DEATH SPIRAL for nothing so I wouldn’t listen to your two rampers on here telling you otherwise .
Your share price says it all and BPC will tank as well
SELL
I'm not saying your going to issue CLN's for the full price purchase MMM ($4.2m) or that a placing is heading your way for the difference............! $1.75............ !
just. it got refused....... and the price is going up as I type..........!
All the best (throw your dummy out, makes little difference to me, 50/200 still :()
This will be a good addition to the portfoilo is the merger together with BPC other assets and will spudding later on in the year and oil in the ground I don't understand the problems you have with the merger. LK likes it
I am enjoying watching this situation play out to its natural conclusion. I don't blame Predator for making the most of the opportunity to tempt CERP with a low ball offer. Should the merger fail then maybe Predator will revisit the offer and CERP will probably be desperate for some cash to keep the flickering lights on and may snatch their metaphorical hand off.
What a bag of worms IMHO. High risk and little guarantee of any reward IMHO whatever the outcome. Either way its likely to be goodnight Columbus.
Financing
The cash consideration for an acquisition of FRAM would be financed by a local Trinidadian company in return for it being assigned operatorship and certain rights as defined in the Incremental Production Services Contract for the Inniss-Trinity field , subject to consent from the MEEI and Heritage for any proposed Change of Control of FRAM. POGT would retain the tax losses in FRAM and the profits from its Pilot Enhanced Oil Recovery in the AT-4 Block using injected Carbon Dioxide ("Pilot CO2 EOR"), on terms similar to those defined in the current WPA, except that in addition, on Completion of an Offer to acquire FRAM, POGT shall be entitled to the profits from all future CO2 EOR operations anywhere within the confines of the Inniss-Trinity field on the same commercial terms as currently exist for the AT-4 Block.
New opportunities
Separate to an Offer to acquire FRAM, POGT and the local Trinidadian company have agreed to look at evaluating together two new CO2 EOR opportunities in existing fields onshore Trinidad together with a potential collaboration onshore Guyana, whereby Predator can provide its technology, experience and skills to, at Predator's sole discretion, have the option to participate in any new joint venture arising from our joint evaluation of the opportunities.
Are we not producing at Saffron
What about S2
Trinity looking good
Suriname looking good
Perservance spudding this year - early next
etc etc
What is not to like Mr Market Maker
Bpc have CLN and the share price will continue to fall whilst they get converted / whilst shifting
All or nothing wildcat drill
Low COS
Odds stacked against you
Don’t want to be locked in for that do you ?
You been shafted as it’s your only hope until PRD have you a lifeline , as you couldn’t raise any money in the city and that’s a fact .
Chesh backed the wrong horse and Still continues To ramp this dead dog lol
10p + end of 2020 after merger
What a joke and laughing stock this forum has become. This LSE forum has become a site for playground activity. Allowing so called PIs, my ass you are, to just pull everyone down that has an opinion contradictory to their. You all know who that is. Harryofdock and Starchild ,or is it Harryhaddock or Starfish, continuously throwing accusations at each other for weeks then by surprise they become the best of friends. Was this all play acting just to get everyone’s attention. Read their good morning, kiss and cuddle, posts and tell me if I am wrong. No one can throw insults in the way they have, send one message asking for forgiveness and the other accepting it without some sort of wariness.
Seriously I though you were 2 - you act like it anyway - just get off this board.
- We gunna take the asset from you for peanuts and that’s why your share price is tanking and it’s rising .
You’re in the wrong stick mate , the best thing is we will get it for $1.75m after it’s proven taking it right out of your hands for peanuts and we don’t have to raise a single penny as we have someone paying for it for a farm in / take of profits .
You know all this though don’t you ?
STRONG SELL
obvs, one thing a a GC won't tell you............!
50/200 BTW, is at what price the PRD placing will be to make up the 2/3 of $4.2...........!
All the best (or all of it :()
Irene get ready for reception class in September or are you still at nursery.
yep................................! it clearly states a 50 over 200 moving average MMM............!
and so I'm wrong ............. again ............ lol :()
All the best (you nutter :)
Definition of a golden cross :-
The golden cross occurs when a short-term moving average crosses over a major long-term moving average to the upside and is interpreted by analysts and traders as signaling a definitive upward turn in a market.
Too right Chesh - Irene we hit commerical oil in Saffron did we not - yet you say we are producing 0 bpd.
Now your the joke
Your TA needs some tweaking there Irene...............! lol
hmm....... now where to start cos it's massive..............!
All the best (your best not investing at all Irene is the sum of the zero :)
Irene - i'm not taking anyones side BUT oil companies announcing ' scaling back' - its all relative GLA
*rising sp
Chesh - you have to feel sorry for Irene as she does not own shares and therefore is going to miss out on all the profits to be made from a riing sp in the next 6 - 12 months.
Irene.................!
As you like giving head line news , here it's about PRD's cheeky cheesy offer of 1/3 of $4.2m, dismissed by CERP as a joke, read the RNS, and laughed at by oilmanjim, you thoughts when you've got your breath back............. :()
All the best (swallow ........... ? :()