Member Info for bonum

And based on the rationale stated in earlier posts - this should start finding a higher trading range in the coming weeks, imho.

Atb & have a good evening all.

Prefer Mike Buck's take on it - "very, very confident....." were his words.

Atb & have a good evening all

Given that BPC is a strongly watched stock, I think many who were hoping for a more fortuitous entry/re-entry, will now start piling in en-mase.

We're likely to see another rapid climb to a much higher trading range now, imo.

Etyan's statements regarding massive price projection come to mind.....

Good to be holding already

The 4.1p by the end of the week hopefully!

More News!

The Hedge Fund inward investment that Star commented on?

Either way, the Uptrend looks like it's picking up momentum again.

The aforementioned, will give it much greater impetus.

'STRONG BUY'

Understatement of the year, lol

Expected and usual type of Consolidation off the previous price rise - the Exploitation License will come and this will rocket up, way beyond any transient price moves in the interim.

Profits from elsewhere will be funnelledd into this.

I think most of us are pretty confident it'll get to the 4.18p level and much higher - indeed surpassing the previous 6-7p levels, when we were less advanced and didn't have the Uruguay asset either.

Nor the Rig confirmation or potential future Stena partnership!

The 9-13p levels at rig mobilisation are pretty reasonable ones going forward....possibly significantly higher, with such a closely followed stock.

Where people question themselves is on shorter term movements and hence by virtue, sometimes make a slight profit.....but often get left on the sidelines (good points about the CLN Family held shares Starchild).

We've seen how aggressively this share can move and why the 'Buy & Hold' approach is such a good one here!

I know people who are fretting on the sidelines, whilst others of us are comfortably holding for the bigger price Rises to play out.

It really is worth referring back to what the CFO stated regarding the expected price - '3p,4p,5p etc will be irrelevant to what they expect the price to go to.....'!

Good to be holding.

Atb all

I increased (again) my holding here - still only a modest amount compared to my larger MATD/BPC holdings but presume that the CLN shares is the reason for some suppression of the price.

That will cease to be a factor in due course and focus will be more on the fundamental prospects going forward from this point.

Comfortable enough at my buy in prices so not overly concerned about getting any fractional improvements on such.

Atb all

Only if you appear on Pop (bone) Idol lallee, lol.

Atb

'In the top 5 Exploration drilling prospects in the world!'.....and now with another potential billion barrel asset added for future exploration.

Agree about hedge funds buying in Starchild and adding impetus to the very rapid rate of price rises we've observed here.

We also now have the strong 'BUY SIGNAL' triggered for the next leg up in the price progression - looks like a new baseline price will be set.

Atb & have a good day all.

BUY signal confirmed;

Signal Update

'Our system’s recommendation today is to BUY. The pattern finally received a confirmation because the prices crossed above the confirmation level...'

Let's see if we get the next push up past 4p and back into the 5-6p range.

Then get to the £8 you predicted, lol

I think there'll be lots of people getting in because of the immense upside, moreover now because of today's News on another potential Billion barrel asset secured.

Don't get caught out.....again ;)

Atb

This is what you posted previously Rickierich;

"I ran the figures and if they hit 8 pound a share is possible"

We're in an even better position now, with today's news and we know this stock is very heavily followed - certainly not one to be fretting over on the sidelines, imo.

Give yourself some peace of mind.

Atb

Lol, stop panicking then.....or buy back in! ;)

Let's see how the JV with Stena progresses.

Atb

Agreed Willbob, both MATD & BPC will be two colossus risers going forward, imo.

Atb

It's had a short consolidation period and may well be signalling another breakout, with heavier associated Buying.

From a fundamental perspective, today's News puts us in a much stronger position, with another potential World class asset & minimum obligations attached until Perseverance1 is completed - and further field development thereafter.

Fractions of a penny will seem insignificant soon enough, imo and echo the Management statement (through Etyan) that 3p,4p 5p etc will be nothing as compared to the Upside they're expecting.

Good to be holding at this significant juncture in the Company's progression.

Atb all

Very, very positive!!

https://castbox.fm/x/1GPRA

Personally, I'm retaining a complete holding here and irrespective of price movements in either direction.

Given the fundamentals here and strategy moving forward, I would rather not be looking at transient price moves to reap what may (or may not be) an opportunity to make a modest profit.

I'm focusing on where I expect this to eventually move to and very aware of the relatively limited stock, News expectations that could be released at ANY time now.....and the greater exposure to the investment community, that this is now receiving.

A few pence or fractions of such, are pretty irrelevant from MY approach to MATD.

Atb to all holders here.

Read the RNS - all the way through and all the details ;)

https://www.investegate.co.uk/bahamas-petroleum-co--bpc-/rns/uruguay-offshore-licence-award/202006090700023167P/

Pretty obvious why this is tremendous news for the Company and its Shareholders - also very fortuitous for those caught out that we have some likely suppression from the Family Group stock - that should be depleted very soon.

Then you'll be looking to Buy above 5p, imho.

Atb