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Agreed P.I - All my holdings are tied up in this and MATD. Still confident the board here will get a deal in play before Christmas. Just my honest opinion.
PagesofCups - Interesting post , keen to know more about your thoughts, clearly ITK.
DelBoy why won’t WH go ahead? Your post looks like a blatant de-ramp. Prospects here haven’t changed, the weakest target has been drilled with poor results now onto the BIG Fish at WH. I’d be amazed if this gets near 3p let alone the 1.5p you mention. This program is fully funded let’s not forget that.....
They won't deal with any questions at AGM, never have done over the years and never will.
Keep the Faith.
Nothing gets revealed at the AGM unfortunately.
Ha ha ha - this board does make me laugh, I see the argument still rumbles on about it how the RNS is interpreted! “The price will keep dropping” NOT! It’s been fairly stable since the announcement two weeks ago. “Major not at Table” someone point me to where this is actually confirmed? IF this really was dead the SP would be back below 1p by now. Oh and as for Malcy I’d take everything he says with a pinch of salt. If people actually base investment decisions on the dribble that comes out of his mouth then I feel sorry for them. Stick to what we know and what’s actually confirmed and not what/how people interpret different things. IMHO- HOLD! GLA
Shouldn't be surprised by the current rise in SP, devil is in the detail of the RNS! Exclusivity ended didn't say they had walked away. Those familiar with any type of M&A will know that many tactics are played in a negotiation. Much, much more to this than WE currently know.
HOLD!!
Looks like great news, delighted for all the long-term holders and regular posters on this board whos resilience will hopefully, finally, be rewarded!
Keith/Scully I agree with you both. People believe what they want to believe without looking closely at the FACTS!
Plenty of life in the old dog yet!!
Perhaps they’ve terminated exclusivity in order to force BPC’s hand. No confirmation they’ve abandoned discussions. Stick to what we know and what was communicated. Much more to this then WE know!
Seen plenty of action on here since announcement. Seems people haven’t read the RNS correctly and have formed inaccurate views. Oil Major has decided not to continue exclusivity and nor will continue to pay £250,000 a month for the privilege.
Nowhere does it state they have pulled out of negotiations about the transaction!!
This could all be one big game of poker!
With oil prices at a continued high compared to previous year I believe they will achieve a deal with one party or another imho.
I will be topping up at these price tomorrow.
GLA and DYOR
Agreed Scully. Devil is in the detail of RNS.
I’ll be topping up next week. Data is good and potential is MASSIVE I have no doubt at some point in the near future we WILL get a deal. Yesterday was another blip in the history of BPC, we are all currently bleeding and licking our wounds. Keep the faith and GLA,
Hope you are right Spike!
Gutted! Thought this was it!
This is a huge deal, it COULD be another couple of months before we know the outcome. Sit back and enjoy the ride people! It’s. Coming. Home!
Wouldn’t surprise me if this is extendeded further given ithe size of the potential deal. Ultimately still think deal will be done imho. Really don’t get why anyone would sell at the moment?!!