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Seems to be on it's way back to the Icemax :)
Joatman - Pretty sure they don't have the approvals to do anything of the sort
Your thinking is correct :)
They still have to buy the shares at 2p
Correct
Its more about cash preservation.
Why raise cash to then pay £200k in fee's?
That's just the way AIM funding works. The lenders call the shots
I guess all of that evaluation / testing work would require new / specialist personnel on board?
Exciting times !!
Egg - 130m++ shares needed for a TR1
Thanks POC. Given the covid protocols I would imagine that the most reasonable assumption would be that drilling has reached TD and they are starting to dispatch crew members back to mainland ?
PageOfCups - there was a crew change recently I believe
What do you think the heli could be making another trip for? Drill bit at TD?
If we do get news on the CERP assets this week and it isn't what we were expecting then I guess that would be Leo's way of saying this wasn't my decision !! Who knows. Likely more to it as Leo is a man of integrity
Wouldn't be surprised if we get some news regarding the cerp assets in the podcast this week. That may explain Leo's decision! Maybe PRD have come back with a new offer and there was a split between Leo and the other BOD? Who knows! Pretty irrelevant at the moment. All eye's on P1 for now!
He was only a non exec director
He will know no more about the drill than we do IMO
He was a non exec director
Likely didn’t have as much influence as he wanted
Maybe another job opportunity has been presented to him?
Could be any number of reasons
Wish him well regardless
If no RNS prior to the interview I doubt P1 will even get a mention as it’ll be all inside info
Likely news - saffron 2 spud date plus details of the work program for 2021 outside of the Bahamas
The interview date wasn’t selected by BPC
It is rescheduled from recently when bpc pulled out due to the legal issues at the time
It is also not just bpc presenting
No correlation between the interview and results for me
BREAKING: The Supreme Court has granted Bahamas Petroleum Company PLC and Bahamas Offshore Petroleum Limited approval to be joined in judicial review proceedings concerning the government's approval of licenses for an exploratory oil well.
BPC has indicated it will be filing an application for security for costs.
They have just reposed an article about the drill. Doubt it is SP who is in charge of the twitter acc either. I dont read anything into it.
That was a sell, Check back and match up to the correct time
Maybe so Hantsome but 34m volume within the first hour's trading is a bit of an outlier event for BPC !!!
Image from the Facebook group
https://ibb.co/4Kf0pL4