Member Info for BigBear2

This should be flying,,,, 88e placed @ 0.4 and it did not stop them going straight through the gears to 2p. Simply having confirmed hydrocarbons........especially light sweet oil, should make this rocket.

Cannot for the life of me see why this did not easily breach 20p.. Not much point in game changer RNS only for kick in the nuts.

Significant hydrocarbon finds are becoming harder and harder to come by and this sounds v significant to me. Find mkt hard to understand sometimes... Dipped my toe in with 45,000 shares and see how this plays out.

120m oil column and 15p?, what happened to the good old days this would have gone mental, at least a bag?

To buy on the open

Yeah just saw that still not clear is all 120 light oil or is there a gas/condensate leg

500m column? Is that continuous uninterrupted ? If so that is feeling huge, not quite sure why not a definitive announcement though?

Personally I believe the risk of being fully out on nnpc is too great and would be a sickener

Simples for a trade or they reckon placing likely so get in cheaper

Heavy dump at end I see still have yet to see a valid argument why death spiral finance is better than placing...

What’s interesting is it sounds like we have conditional finance on nnpc in the bag. If we get that double whammy Rns you will see the mother of all lock outs

bought into again

Lol, if some of my other dogs were doing ok would cash them in for a top up.

Anyone lend me a few quid?

I agree there has been an assumption that IPPC is required for an offer. If we get a bid from INA they will simply want assurances they can put in place new wells quickly to pipe over the border untreated. So IMHO an opportunistic pre IPPC bid would be circa 2.5p ish... Post IPPC in excess of 3p required....

I posted a placing would have been better than the death spiral but got slaughtered ...

CH has stated he will not accept a low ball offer, so any bid will see his options in the money and that means 2p plus. Your sentiment on wanting this done and over is shared by most. Let's hope petrel just swallow us up

Corporate Update Further to the update provided in the Company's interim results in respect of the approach received from another organisation which may or may not lead to a takeover offer, the Company can report that there having been no further developments the Company considers these talks to have terminated.

Looks like the whole t/o was a ruse to raise funds, many will head for the doors today as t/o for many was aim reason for being in

He needs to provide some sort of market update soon. One would assume the issue is simply a wheelbarrow of cash to the Nigerians to speed this up...