RE: amtek3 Jun 2018 23:59
Of course you may MrG, I�ve never stated the data doesn�t hold value it just doesn�t warrant an so if 30p because of it. The data room has been open for a long time, in advance negotiations, with no takers. Then along comes a $250k money payer for exclusivity so it�s created a value to BPC of $250 per month which will go in the books. There is no assets value on the books otherwise. If that ghost floats away the data room info value reverts back to zero to BCP on a monthly basis. If the funder decides to fund a drill the data room has created value for BPC but only if they find oil in extractable volume. They [BPC] have stated themselves that evaluation and exploration costs are only recoverable in this scenario. My view doesn�t deserve the hostility I have received from the bully mob, lying and twisting. I�m still waiting for one of them to provide me with my post that this sp was certain to reach 2.5p as an example.