Member Info for ALGU

Interested to hear others thoughts on which is a better investment. I currently hold both - slightly more LOGP than PVR.

With PVR owning 80% of barryroe at the moment and LOGP 20%, there's an assumption that LOGP's SP should be a quarter of PVR's. At present it's slightly less than that. It doesn't look like there's much value in either company's other asset(s).

Given its smaller size there's potentially more chance that LOGP could get taken out.

Farmout confirmation could realistically come anytime next week - in line with what PVR suggested in their presentation yesterday. If it does, no doubt the SP today will be left behind. I wonder how many multiples of the £12m market cap this opened at today it should be for even a fair valuation

Either way thankfully LOGP have incredibly supportive main shareholders

The stars seem to be aligning thanks to Mr Linn. If this all comes together, it's hard to imagine how TO'R never got this off the ground.

Straight to production would be a good outcome - get some cashflow through the door. We've had enough delays, don't want to tempt fate by an overly ambitious project till it's up and running

For anyone with spare cash and prepared to sit this out till Christmas day and not worry about the bumps along the way, the SP today seems like an extraordinarily good opportunity to invest.

nice one, thanks laallee

Does anyone know what the duration of the drill is and how long it will take to target depth? I can't remember the figure from the various decks

PVR is 20% up from its Aug 3rd high. LOGP is lagging. At the same rate it should be 1.4p at least. Hopefully time for some catchup now

Good point HH, you're right

If you want IAG to receive your cash, take the rights. Buying in the open market is of no benefit to IAG because those shares were already issued by the company.

So, anyone who wants IAG to receive cash and strengthen its balance sheet should take their rights.

It was great to see a +33% yday but i'm happier still with getting a good entry price. The day to day matters less as long as the long term goal is in sight and getting closer. So long as that remains, the lows will incrementally increase over time, which means future investors will start to scramble to get in. I feel like this is a good time for BPC and those of us invested already. Look what happened yday with rumours of just the drill ship being announced.

Reminds me of other oilers in the 6-9 months pre-drill. A couple of years ago MATD went from 2p -9p ahead of drilling. I wished I'd got in at 2p. I sense we're in similar territory here, and BPC's 2p entry days are right now. So, I'm happy to sit back and wait - and I hope others of you are the same and we do get to 9p or beyond.

Broker SP upgrade from Berenberg today...

If there's an update could someone post the link pls? Can't see anything on the website...

FEVR has been about US expansion for a while now. And everything on that front looks positive.

The company is showing great resilience during Covid, so when things return to normal - which they will - and the on-trade picks up, everything bodes pretty well for the mid-long term

that was @vk

It's not going to go up in a straight line. Remember this has trebled over the last few months. A drop of c.15% in a small oiler is nothing in the grand scheme, and certainly not worth assuming there's been a leak of bad news...

Since this spiked to intra day +30p. Much higher volume this time

If Russia can push through a Covid vaccine in 4 months, i'm sure they can approve OVB's application in under a year!

This is coming to life again, news arriving?

Or, investors see growth and hold their stock as this returns to 400p. Non-divi paying doesn't mean this is speculative