Member Info for Bigoiler

You obviously did not read my post!

I had previously asked for the value of the data, you did not reply, I next asked the value as a whole, not expecting a reply. The value of the company is made up of both intangibles and other assets. Oh and if you want to trade insults, just let me know.

No I asked what value?

No ii do not blame anyone else,I have taken my own decision to invest, if we come out in front I will be happy, if not, my wife, kids and colleagues, can blame me. You state that the value of the company is set at the monthly payment, this is not so, and well you know it! The value is what ever the bigboy eventually pays, If a deal is done. If the bigboy walks, he walks. You also seem to say that the independent report, and McQ, count for nothing, I do not set a figure on the value of the company, it's assets or the special situations it finds itself in, yet I put a higher value on these things than you, so get yer facts correct before you attempt to take a rise out of me son.

So you would discount the independent report of moyes, interesting!

Really, really?

no the monthly sum is to secure first refusal, not the same as full value/purchase price!

so what price?

you say 600m is too high, what do you value it at?

how much do you think it is worth?

Like or loath him, let us give the pothead some room, if he gets a great deal for us, he will be the greatest thing since sliced bread, if not then..................!

Let's not get too excited ladies, I feel that the end game could be in sight, yet we have a way to go yet, nice to see the rise, yet I want to see more before getting excited. Good luck all LTH, enjoy the ride!

Morning all, well here we go, what does today hold? Can't wait to see the sp rise, good luck to us all!

we will see

I just love your positive outlook

Good morning all, welcome to another brilliant day in paradise, are we living the dream yet?

Whoever, just get on with it and drill, and show us the money!

Brave or stupid, only time will tell. The devising line between the two is very fine.

We all journey in hope, even if sometimes we arrive in despair! You are correct, not proven reserves, yet we do have the survey that suggests at least 1-3 billion of recoverable. It will be up to the major to get it, I think we are in a good possition right now, hold the line.

I have taken the unusual step of investing 45% of my portfolio in Bpc, this is up from my normal 6% holding. The reason for that is two fold 1) I see Bpc as a special recovery situation. 2) I expect a big market correction in '18/19. So I have reduced my holdings this year to 10, largely defensive stocks, and oil/ mining. I accept that if the market corrects and the fed pushes the global economy into down turn, Bpc may have a hard time, yet I think it will still float because of its reserves and situation, I thus am convinced that Bpc is a hold. If the sp does not rise short term, it then becomes harder for it to get as high as some anticipate when news finally comes out, so stop pulling the sp and company down, let the bugger rise.