Member Info for blissful

Sheephatch. Yes, this seems to happen after a down day, the mms lock out the sellers/profit takers and new buyers pay a premium. The shares are tightly held and in demand!

Thanks vegasnomore. Things seem to be hotting up in Morocco at about the same time!

Many private investors don't really understand some of the details so I wonder if they would know the questions to ask unless they were in the industry.
I would think PG is far too busy running the show to organise a Q&A session where, let's face it, most private investors are just interested in an upward movement of the sp or asking, 'when would be a good time to jump ship with a fat profit?'. We know when Morocco is likely to be drilled and anything new from Ireland would require an RNS. Far better to do a twenty minute interview with questions from a well prepared interviewer which is what he tends to do.

https://www.moroccoworldnews.com/2020/02/294247/predator-oil-gas-prepares-for-future-drilling-operations-in-morocco/

I got out of BPC ages ago when the court debacle started and put the money into this, I just feel sorry for those who didn't. Of course, some would be singing a different tune if they had discovered oil.

Why not concentrate on PRD, this is where the money is? Another tick up...

Minimum 300p, that's almost too optimistic, fantastic if it happened though as it is within the realm of possibility.

Some good posts here, thanks for the input. Here's hoping 2021 will be the year for PRD. Drilling Q2?

Someone is confident to splash out and buy 1,875000 shares today. News on the horizon?

My buy was recorded as a sell.

It seems most appearing as sells are actually buys.

Odd trades once again, a lot of small sells. Why not just hold and wait until the Morocco drill as this is still cheap and could leap upwards on news of the drill even if it means exercising a little patience.

They would have done better to tell us the exact amount 500 barrels a day brings in at the moment. Not much obviously.

Won't they need the money for these:
Drilling of Saffron #2 appraisal well commencing in February 2021, which, subject to results, would rapidly see BPC seek approvals for a Saffron field development, and with up to 7 production wells to follow through 2021

o Drilling of appraisal well and an Extended Well Test (EWT) in the Weg Naar Zee Block in Suriname in February 2021, and subject to results, rapidly moving into a wider field development, with up to 6 production wells to follow through 2021

only6greens. Do you know that for definite fact or is this wishful thinking on your part?

As far as I know nothing has been written about an injunction being filed so why the RNS in the first place?
'...and will make a further announcement as and when it becomes aware of any material developments.'
Why not use the word 'if' instead of 'as and when'.

'that after the 14 days he would be issuing proceedings by the end of this week..'

Is there a reference to this somewhere please?

He has rose tinted glasses!

'BPC Chief Executive Officer Simon Potter was sent a letter by law firm Callenders and Co. claiming that the company’s environmental impact assessment (EIA) process has not been completed, given that it had to make amendments when it changed the ship it intends to use for drilling.'
What ship did BPC change from? I thought Seadrill were going to come up with up but never did because plans came to halt due to Covid.

It depends on Suriname unless BPC can wriggle out of this tight hole!

The company gave a detailed RNS so why give another one?