Member Info for bonum

Fully paid up - Appraisal drills right next to producing assets - great opportunity now & very much looking forward to the drill activities & impending, significant shareprice rise.

Atb all

MATD are a very obvious target, with 4 fully paid up APPRAISAL drills, the first one spudding in the next few weeks.

However, some traders will be realizing their profits (or losses) with the weekend coming up or alternatively choosing other targets beyond the obvious MATD choice.

A very significant development here with the RNS and a good rise. The subsequent drop is no real surprise but no doubt consolidation and finding its new trading range in the coming weeks

Atb & have a goof weekend all.

Late RNS, so we can reasonably expect a very strong open tomorrow, as people digest the enormous magnitude of the News!

Imho

Appraisal wells are a different ballgame from the previous Wildcat drills, as you quite rightly state Mr.P - with such proximity to existi g producing assets AND fully paid up multiple drills covered, very excited to see MATD moving forward in the coming days!

Atb all

A strike would more than likely initiate a Takeover approach, given the strategic location and discussions that have already taken place with the Chinese - then we'd see where the share price went.

Lets see how the Appraisal drills go.

APPRAISAL Well.......a good degree of Confidence with that aspect of it!

Looks like it's found its Support, with Strong Buying anytime it touches that level and as we now move onwards towards drilling activities!

Still very comfortably invested here - it's the drillbit that will prove the case.

Atb all

I know of someone who sold out of a stock, 10 mins before an RNS was released (mid-day), seeing the price shoot up x10!!

I'm sure the opposite scenario has also occured, albeit that's the one that sticks in my mind.

In this case, we know we have something but nit how good the results actually are - that's a much more compelling Upside v downside scenario, hence very comfortably holding for the RNS.

Anytime now!

At least we know we have something - but how HIGH could this go, with succesful results from the wireline logging?

Updide v downside scenario is too compelling not to be holding, as is the case with another of my oil stocks.

Hopefully a strong multiple on open, from current price levels!

Even his wife says he can't get it up......!! :(

In seriousness, I'm retaining my stock position here, in the hopes that 'advancing current farm in negotiations' means exactly that - and we'll get the RNS confirmation released at any time.

Upside v downside scenario is too compelling not to be holding BPC stock, imho - and each to their own.

Atb all

Compelling viewpoints and let's see how things transpire. I hold a fair amount of this stock and would like to see a strong recovery of fortunes going forward, as no doubt would all other holders.

No further impact on the price given the unfortunate events associated with the Ethiopian incident.

Just have a look at RMP over the last few days - reiterating sentiments already expressed - prices don't move in straight lines, so consider the underlying investment case, beyond transient moves (unless very short term trading is the agenda of course).

Comfortable with my holding here - awaiting update on current ongoing talks.

The problem we may have is that the Chinese have already grounded their fleet of new Boeings, so other countries may follow suit - we also have the investigation into the cause of the crashes.

It's been implied from very credible experts, that it's highly unlikely that we'd get those disasters from 2 new issue models, unless there was some technical issues related to the actual design / manufacture of said aircraft.

Regardless of any other issues for a price decline, these factors themselves will likely negatively impact the share price going foreward and for some time.

I think we're just seeing the start of further significant price erosion in the coming weeks.

Worse to come for the price by the looks of it - we should have more clarity when the black box flight details are investigated, so uncertainty on the outcome of the planes will remain until then.

2 of the same newly released models experiencing difficulties and crashing, obviously raises questions that need to be answered.

Technical breakout I would assume, which should attract further buying. Even modest volume from such, will underpin a new bull run here.

Hopefully back into the 2-3p range before long.

There's very little stock in issue with much held by Directors, so it's all relative - my point is more relevant to when any News as suggested, should be released.

Given the potential upside and impact of such news, the scarcity of free stock becomes much more of an issue.

As I stated, very comfortable holding this for any such outcomes going forward, so off to enjoy the day.

Atb all

Farm In news could drop at anytime tbh, given that the process is ongoing, hence new players could be making overtures re: the grear opportunity that exists & others have elaborated on.

I'm not suggesting any info thats not in the publuc domain or alluding to any sort of inside info - just stating the obvious here, especially given recent developments & initiatives.

The reason I continue to be very comfortable with my position here, is the enormous Upside that exists with this stock & the fact that with so very few shares in issuance, the aforementioned News release would massively impact the price with a great difficulty in securing said stock.

Good to be holding GBP stock!

Have a modest position here Jamarillo, albeit at a slightly higher price than the current SP. Comfortable having that toe hold in here, as I think we will see the catalyst come together at some point.

Atb

That's what we need news of or indications of progress being made. Global hired the services of a company, specifically to secure such a deal.

I wonder how that's progressing and whether or not we'll hear news of such soon?

If that drops, this will certainly rocket so intrigued to know how we stand!

Tom Bulford of the old 'Red Hot Penny Shares' days, wrote about this point before ie the wording of RNSs has to be very precise and considered, prior to being passed by the NOMAD.

We have various statement by the company its 'advisors', which strongly support an optimistic outcome gping forward - certainly much stronger than was the case yesterday.

"The Company and its advisers consider the outcome of the two appeals in respect of which the Tribunal has so far published its judgement - relating to the 2016 Decrees - to be of KEY SIGNIFICANCE." - and other excerpts etc.

Of course, there are no absolute guarantees, but the Risk v Reward ratio has fundamentally changed for the better, imho.

Dyor etc