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Petro dollar are you still holding Matd or did you get out?
armatrading - my post was directed at Harryoffdock - he knows why !
in4cedros - how am I being disingenuous? ?? I was just confirming that my screen-name/'handle' is as you describe.
Ross - that's cool, no worries.
Arry - I speak out when I perceive disengenuity- apologies if you find that particularly troubling !
armatrading
No worries, I was replying to LTID’s post.
Chesh - that's absolutely my intended meaning!!
Ross, I was commenting assuming your 'LTID ?' comment was aimed at my BPC 25p comment?? If not, please just ignore!
It's a play on the sound of the words Ross.............!
arma............. I'm a........!
All the best (pretty straightforward really if you say it out loud.......... :)
Harry - yes, P1 milestones such as rig departing for destination, rig on site, etc.
Also, there might be news about the CERP assets around the same time as P1 is set to spud. This would certainly help.
armatrading
Sorry, I don’t understand.
Harryoffdock
Percentages are anyone’s guess. As long as it all adds up to me doubling my money on or before spud, I’m good.
Ross, I was not suggesting that BPC would be 25p pre-spud. I was commenting on Afterburn450's comment about BPC being a penny stock. It doesn't matter if it's a penny stock. What matters is the MCap.
Harryoffdock
Time and P1 milestones.
LTID
?
All things being equal, a ten-fold rise is a still a 10-fold rise, in sp/Mcap..
That would equates to 25p for BPC.
After burn.
Is your argument for share consolidation.
I have no issue with a 1 for 10 rate.
MCap aside that would put BPC SP at 2x where TXP were in Brighty's post.
The 12 month period described a 10 fold SP.
Assuming no consolidation event it would be fair to suggest the MCap also went 10x in the same timeframe.
What would that look like for BPC?
Well 10x your entry price is the same for me regardless of where the SP starts.
If I have 100k invested in a BPC at 2p SP or 100k invested in ABF at 1700p if they both go 10x I end up with 1000k.
Wow Ross 18p and just look at them now that must surely hurt " never mind what you've never had you won't miss" as they say
Brighty - please stop mentioning TXP as one of our prolific posters here rossannan sold them at around 18p as he wasn't happy with development plans - readers over there rushed to open the exit door for him !
180m shares in issue vs 4billion lol !!! This is a penny stock through n through.
If anyone has any doubts about the geographical hot spot BPC is about to drill in just take a look at how TXP, another share I am invested in, which has gone from a share price of 12p just 1 year ago to 120p this month. BPC is in the same geographical region and TXP has had an amazing success rate over the last 12 months. We are in for an exciting few months. Good luck, Brighty
Star - well done for your inspirational posts - tuned in this morning but had to be satisfied by the POTUS debate instead !
Good to see you reaching out to Arry, the dog lover, with the Pedigree Chum link !
Petro$/Tiburn: great posts.
Interesting recent article https://portfolio-adviser.com/peter-hargreaves-picks-funds-veteran-for-hl-board-under-new-shareholder-arrangement/
'Our' Adrian Collins (BPC non-exec director) https://www.bpcplc.com/about/who-we-are/board/ and fund veteran.....
chosen last week by billionaire Peter Hargreaves to serve on the for HL board under new shareholder arrangement. Many contributors to this BB, use the HL platform to buy/sell shares.
https://portfolio-adviser.com/peter-hargreaves-picks-funds-veteran-for-hl-board-under-new-shareholder-arrangement/
It is one example of the pedigree of members of the BPC BoD and why I have confidence in it.
Have a great day
Starchild
https://www.lse.co.uk/profiles/starchild/
JTK.
If you go back in the archive I think there was an incentive linked to selling out. Think the minimum price trigger was something like 32.5p.
Only new in so much as Schrader elected to forego his cash entitlement and take it all in shares. Indication of confidence in P1.