Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
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Congrats, first ID I've chosen to filter.
Just to confirm flash harry and harryoffdock are unrelated until proven otherwise.
HOD look forward to your return after the RNS.
Playing devil's advocate any thoughts on getting a negative RNS before a positive one?
This is BPC afterall things rarely go in straight lines with BPC.
Have we bought out an ice cream vendor in Vostok for example?
Oh..............!
I'll miss you both........!
All the best (though....... ;()
Irene, you proved my point.
Have a great day
Starchild
Irene our resident spicy poppadom, after commissioning a total review of all your posts including your latest by expert profilers, the report concludes that you are likely neither male nor female (a bit like my cat), with a 72.3% probability you are in fact a hacked FURBY connected to an AI bot.
This explains why many of your posts are in the undecipherable ‘Furbish’ (ie, gibberish) language, all your posts state nothing of relevance, and you rarely answer questions put to you ….pending a major upgrade to your coding. Our expert profilers (retired CIA, FBI, MI5 and IKEA) further opine that your programmer, based on the vocabulary you use, is probably a 15 year old tech genius hacker with a PhD born in Mumbai of upper-middle class parents, currently living within 65 miles of Grimsby, with a recently installed luxury kitchen.
Please refer to the informative ‘official’ 2 min elevator pitch on Furbys and the Furbish language here: https://www.youtube.com/watch?v=BR4wQqZH_jk ......Perhaps improvements will be forthcoming with Irene V2.1.01. And even better when you leave the ‘dark side’ of constant BPC de-ramping, exit your CFD short positions and join us humble children of light, the enlightened warriors, in our quest for BPC happiness.
Dah-kah-oo-nye
Starchild (AKA Starfish)
xxx
Good morning all
It’s going to be an interesting week, month and 4th quarter. As we await news on a Stena JV and an overall funding update for the potentially game-changing Bahamas’ Percy-1 drill, the following questions ought to be addressed by 3 groups of investors to ascertain if there is a major problem brewing:
Group 1: Day traders/speculators
(a) Should I top-up now based on news-flow expectations?
(b) Should I sell hoping the SP will drop to the low 2p range, and buy back in?
(c) Should I hold based on the above?
(d) What happens if I sell and tomorrow morning a mega RNS is issued and the SP soars?
(e) For sophisticated traders: should I take out CFDs on the outcome?
Group 2: NEW private retail investors
(a) Should I buy now or wait hoping SP will temporarily fall?
(b) If I buy now, do I cash out before spud or go for the big result after spud?
Group 3: NEW institutional investors and HNWIs:
(a) Do we want to join the party now with a flutter worth a few hundred thousand pounds, or wait? After all, the Mersey Pension fund did join the party in the summer.
(b) Is the risk worth the potential huge ROI, especially as the bet is hedged to a degree based on CERP in a few years? (Heads we win huge, tails: we don’t lose as we can possibly recoup our investment with a bit of patience.)
I have three key assumptions:
1. Every day that goes by will potentially bring NEW BPC investors from all 3 groups. Especially as news and excitement spreads.
2. Some investors will await until the funding is 100% clear and risk paying 4p+ rather than today’s +/- 2.5p.
3. Many of these NEW investors in groups 2 and 3, will possibly hold or top up until the spud result rather than ‘play’ with the stock until then and possibly push some day traders out of the current game. (Me included, albeit I’m not a day trader, am a LTH since 2014, and don’t particularly care what the pre-spud price becomes.)
If the above assumptions are correct, a major problem is brewing. It is not a funding problem for the Percy-1 spud. It is not a cashflow problem because other than our first drill, BPC does not have major overheads. It’s not even the current PoO at c$43/b, which today is somewhat irrelevant. The problem, which is not an issue for LTHs or current holders, is there’s ONLY £85m shares available on the market for a once in a generation opportunity that with a bit of patience for a few years, can potentially be fully hedged based on CERP…. if the Percy-1 drill is inconclusive.
Tiny Pharmas’ SPs can make specular gains or be a total wipe-out based on a binary result. However what other relatively small company on AIM, are in the same exciting and HEDGED position as BPC? If any exists, please please please let us know.
IMHO. Always DYOR. Only you can answer the questions above. Have a great day.
Starchild
xxx