Member Info for Bigbadbaz

'- so at $25 a share thats over $1B bought back already.'' You are quoting adr prices which = 6 shares each.

''.staying above £3 would be good for the week''. Considering 3.93p will disappear on Thursday morning,£3 would be excellent.

and nobody seems interested in BP. Is the wee contest more important?

mojo, that's cherry picking and I don't think a few years amounts to 11 years.

'I’ve held BP for several years and will continue do so. Its a great investment but not for capital gains.''You have held for several years and you think it is a great investment?.Are you sure about this?Your divis amount to a lot less than your loss of capital.

'This is torture! I have seen tortoises move faster!''. Should have bought SHELL.

Biue hydrogenwill be far too expensive.If they can get enough 'green' electricity, they will extract it from water/electrolysis.Not in my lifetime though.

'Donaldson the Twitter guy, Baz?''.The very same.Where has he gone? oh he will be around somewhere.He is the fella to ask about visits or anything else.

Visits could be arranged in the past.I personally have not been there.Graham Donaldson was the man to see about that.I would imagine that due to covid + underground work being on the go that visits might be on hold.

Good evening RH.Cut and fill is usually used in a steep orebody to form a footing on the way up.They don't usually fill just to get rid of waste rock as it is a costly business.It's time Baz had a visit.

'Perfect ,i have no words lol''.Oh you have words, try putting them in the correct sequence.

“The ore thickness is wider than anticipated – producing more high-grade ore from this cut and fill section.”.-------The ore thickness is wider than anticipated,I am struggling with this in my head. What are they using for backfill? Pumped slurry or stockpiled rock?

'Just one question is the 4 % increase in dividends 4% on top of what there already paying'' 5.25c +4% = 5.46 c

yayay, are you still about?.

The 'stonking' rise in crude is having no effect on the sp.If the results are not truly breathtaking then we will stuggle to break £3 and might even regress further.There will be no rise in the divi.Wishful thinking will not change this. I hope I am wrong.

'Im not saying the production wont increase but it wont go through the roof like last time and there will be much more discipline....'' They said that the last time.Greed is a great destroyer of discipline.

''In the same year, of course not, but in the subsequent financial year, they will have to consider the benchmark div yield curve.'' They have already said that the divi is fixed for 5 years.I can only go with what has already been made public.

RDSB divi was 47c before the cut and is now 24c ie 51% of what it was.BP divi is 50% therefore no incentive to increase it.

'Sorry, but no!
It simply means the same total amount of Div in $ will be higher for each remaining holder.'' BP have fixed the divi at 5.25 cents. If they cancel £2billion worth the shares then they are not paying it in divi.

'If bp put 2 billion into Rio they’d earn 100 million dividend annually.'' If BP buy back £2b shares then they save £100 m on divis.