Member Info for Bamps21

Hi Nige
Not got much cash left put most back in here though did buy a few Fullers
News on most shares gone quiet this week you can tell that when car talk starts the little rise today be gone tomorrow:))

HI Tom
Won't be any petrol or diesel new cars soon, manufacturers will stop manufacture before there's a law suit .
Electric cars aren't the answer, get more power from hydrogen and no emissions

Did you see my note on my lads car BMW 6 how big is it ? due to be imported 1st Nov, he might have import fees trying to get it earlier. Too big for me whatever

Hi Tom
This is interesting on thisismoney yesterday
Ineos is building a car plant next to the Ford engine plant in South Wales for a new 4x4. With Ford closing their plant the engines will be sourced from the BMW factory in Austria. A petrol and diesel option will be available, an electric version is not viable and they are looking at a hydrogen future alternative.

Hydrogen will surely be powering our big site machinery in the not too distant future
Looking good for my little hydrogen maker ITM hit 50p this week I've doubled the profits there. Still holding very good punt for the future
ATB:))

Hi Tom
Been with my relation from Canada today says I've picked a good one there and can I give him tips a bit earlier. He's very keen.

My lads telling me he's ordered a BMW 6, he went in a showroom at 2pm on Saturday afternoon and said l will buy one today if you give me 25% discount. Couple of hours later he got 24.6%
This wasn't with any share money though
I've no idea the difference between a 4 series or 6, lost on me I'm afraid

Hi Tom
Brill :))£)£)

Sorry only got an O level :))
ATB:))

Hi Nige
I wouldn't buy Bdev before x divi i would wait for the lows and buy for next year but that's not for me. Bought a few Fullers hoping for the discounts and perks :))

207 bopd is c$1m a week gross

Keep posting it Mr Magoo

ATB:))

I'm half expecting Saffron flow tests "to pop like a bottle" to start with then fizzle down to a steady probably pumped flow rate around the UBOT 1 rate of 207bopd.
Providing if it is successful of course.

I hope Leo doesn't tell us of the initial rate
Wish everyone here a happy few weeks to come and keep smiling :))

Hi g-r-q
It's not necessarily the bopd that will raise the share price
The lower cruise at Saffron holds 10m barrels of recoverable oil at $60 a barrel will give an asset worth c£500m
With a resource report confirming that figure it will propel the sp without lifting any oil, although testing and flow rates need to be carried out
From memory when we were all expecting Ritson to get a cpr a lot of us didn't realise the finance has to be in place besides the asset ,which it wasn't in place and we didn't get the cpr crashing the sp

Hi Nige
Bit too close to the x divi to buy bdev for my liking after what happened last year might not be so bad this year but who knows
ATB:))

When it's quiet on a company board there's nothing wrong with a bit of friendly banter and chatting about what else we up to in my opinion. Others have different and a quiet board happens.
Just popped over to see what's happening on the Fullers board after buying a few and no posts since March.
Cerp board is buzzing but some snipeing going on I don't like that so won't look again today. I can't understand why
people get nasty you wouldn't do it face to face

Had a limit buy on GGP today at 1.74 not many , not keen on that board very much but busy and some knowledgeable posters there
Psn boards got that chap who goes off on one every other day but I think everyone just ignores him
ATB:))

Hi Wigan
I see you are another non believer:))
Loads about including my lad
My cousin has joined in after I told him about them and he ran a big miner in Canada so he knows
The assay results show loads of gold, so I am staying as a believer:))

Wow Tom that's a lot you will have more reddies than Buffet soon :))
My biggest small share is Cerp not got anywhere near that. Cerp is buzzing doubled my money last week my fingers are crossed for it to quadruple in next few months, if Ggp come in as well I be able to afford a dinghy to tie to your yacht:))
Then there's UkOG rig due soon they already paid for my loft conversion :))
ATB:))

Hi Nige
Think your trying to write longer posts than that chap on Psn :)) more interesting though
Your divi remark was interesting
My growth stocks have risen strongly this past week well chuffed, my hydrogen stock has hit 50p

Hi owls
Miners need a resource report called a Jorc which is difficult and expensive to achieve and not many get one. Ggp are in a position where they're not having to pay for it or doing the work . With a Jorc the market will take notice
With oil stocks they need a competent person report cpr , very expensive not only to prove the resource but have the infrastructure and finance to extract it before one is issued.

I hope that clears that up for you
ATB:))

Sounds the same with Tw then
Newcrest who are doing and paying for the drilling don't share your pessimism they're powering full steam ahead

Hi owls
There's no problem it's looking more and more appealing, their drilling like mad to prove the resource.
Happy days :))

Hi Faz
A big asset secures better finance deals/borrowings if we need it.

I still don't think this will be big enough for the likes of Bp, they will want the bigger targets to be drilled

I can see why Leo says it could be transformational
I would like some one on here to do some figures to verify or condemn my working out I only an O level in maths:))

Hi Faz
I think what I am referring is with only the lower cruise at Saffron and one target at Clove the assets could be as high as £650m. That doesn't necessarily mean the MC could be that high
It means we don't necessarily have to extract the oil to have a higher MC but we need to drill first if it's successful then obtain a cpr.
Help! Gibbo / offerman where are you :))

If Saffron has $10m recoverable reserves and Clove $3m that's 13x$60 ish = about $780m of assets or £650m
roll on a cpr
A market cap of £180m is roughly 22p the brokers target

My caveat is I'm no good with long numbers :))