Member Info for bonum

We're all ready to DRILL then - now we decide whether we do it WITH or WITHOUT the Farm in partner.

We'll get that news soon enough, maybe even tomorrow given those large individual Buys amidst the numerous PI sells.

Either way - we DRILL!!

Atb & have a good evening all.

Hopefully another RNS tomorrow......or indeed the c 10% Rise we saw off this weeks 'black Monday'drop!

Another £20K BUY!

Big buying again into finish...!!

Indeed, we could get the RNS tomorrow and the MMs are prepared to take on very large stock amounts at current levels.

The 2.5p level looks like the floor and the move back up catalysed by Newsflow reasonably expected shortly.

Make your own decisions but as has been mentioned and paraphrasing Etyan, 2p, 3p, 4p will be irrelevant in the bigger picture playing out.

Atb

As we've noted on numerous occasions previously with BPC - the losses in today's session or even over the last couple of weeks, can very easily be made up in a Single trading session.

That's what I'm looking towards in the next few days and especially considering that we are proceeding as planned and notified to the Market.

Views on expectation of a Farm in RNS, have already been given by myself and others.

Sitting comfortably - atb.

Large individual BUYS - smaller PI sells!

Says a lot with major News expected any day!

Atb

Just had a chat with a friend of mine and mentioned the effect of the Carona virus on my PF value.....

I said although my PF value has taken a significant hit, I feel temarkably happy inside.....

Most of us are probably relatively healthy and hence have few real concerns regarding negative physical outcomes......beyond loo roll shortages

....and BPC is continuing to proceed towards its stated aims and a major share price recovery expected off the back of that.

Large individual trades & info from RNS / Interviews suggests the Farm in news is immanent, imo.

....and the Sun is shining today, so will certainly enjoy a frolick in that.

Atb & keep clear headed, whilst others run around clueless to the undelying processes working out.

Atb

Or a BLUE finish - wouldn't be surprised as some people are fairly savvy on what's going on with BPC and will be anticipating a mammoth RNS shortly.

Let's see!

Atb

Buying Opporrunity and going where the 'clever money' is on those larger, individual trades - somethings obviously being coming to fruition behind the scenes and reading through the RNSs & various discussions - it looks obvious to what that is, imo.

The Farm in will happen despite any macro market corona virus issue - just as the current market turnoil will cease and those having taken advantage of it, will be sitting very comfortably indeed.

"The BlackRock Investment Institute acknowledged Monday that the scale of market moves have been "reminiscent" of 2008. But the asset manager sees fundamental differences.

"The economy is on more solid footing and, importantly, the financial system is much more robust than it was going into the crisis of 2008," BlackRock said in a note to clients.

Wall Street has been quick to note that banks are better capitalized this time around due to new regulations, and that debt levels, while high, are concentrated in less risky areas. Corporate debt, particularly in the energy sector, could pose a problem, but doesn't look "large enough (yet) to trigger a global crisis," Neil Shearing, group chief economist at Capital Economics, said Monday.

This should allow for a faster economic rebound after the coronvirus is brought under control. "Fear can take [the market] lower, but expect [a] quick recovery when health threat recedes," former Goldman Sachs CEO Lloyd Blankfein tweeted Monday. "Unlike '08, will avoid systemic damage."

'BUY WHEN OTHERS PANICK SELL' - especially with BPC at this particular juncture and just before monumental news, imo

Screen off now as out to enjoy the sunshine.

Atb & have a relaxed day.

You should read the WHO guidelines ;)

Good post IK and as the recent RNS clearly stated;

"Prior to 31 March 2020, the Company (at its sole option) can notify the Subscribers that the Company wishes to scale back the amount of the Convertible Notes by up to 50%, at no cost or penalty to the Company"

Whilst reiterating its initiative regarding a Farm in with a Major / Super Major (Plan A), the scaling back of the CLN requirement 'very conveniently' fits into that outcome.

Farm in announcement PRIOR to the 31st March is the very strong likelihood - we can't get any clearer indication short of the actual RNS, imo.

Regarding the classification as a 'pandemic', it's worth looking at the WHO guildelines on what that entails and for all the 'one line doom mongers' deciding to make an appearance.

It was pretty well anticipated to be the case as many previous news releases will attest to, as was the case with 'swine flu' a few years back.

I wont hog the BB now and let others make their own contributions ;)

Some large individual Buys coming through, as was noted by Sharehunter3 and others - Farm in RNS on its way, imo.

Enjoy this beautiful day, get some vit C & don't stress about bog rolls.

Atb

Almost right with my prediction ;)

It'll be past its recent Highs soon enough, imo and based off the Newsflow due.

Atb & have a good evening all

Indeed, I did expect the Farm in announcement prior to the 9th Marc, as did others.....and indeed, we also gave our reasoning for such and based on the 'sum' of information available, RNSs & interviews.

That's preferable to just making dismissive comments, imho.....but carry on.

We now have a situation where the CLN terms have been significantly modified and again, reiteration of the Farm in discussions.....refering to the 'Super majors & majors' currently at the table.

I think there's validity in reasonably expecting a Farm in announcement and tying into key changes in the current funding options etc, as well as the reiteration again in the most recent RNS.... and speculations on Rigs etc.

It's easy enough to say a persons been holding for years and follwing the BB... then suddenly deciding to post iut of the blue, only to take a cheap shot at someone else's viewpoint.

Agree or disagree with the viewpoint expressed but at least some of us endevour to provide some validation to our opinions, so indeed, I do expect the Farm.in RNS to be released shortly......optimistic or not.

Hope that helps.

Atb & have a lovely day

Great workout in the gym - now we await the Farm in RNS & other announcements.

Transuent price moves in the meantime are pretty irrelevant, beyond the big swings, for those of us looking to await the prpgression to Drilling.

Atb & enjoy the afternoon.

3.2-3.4p finish ;)

Just a bit of fun with the price prediction but probably Strong buying into close, in anticipation of the aforementioned RNS.

Right, the gym calls.....!

Atb

One day this Month!

That's the great thing about being invested here and also the very teal likelihood of the Farm in RNS any day now.

They mentioned a 'Supermajor' along with othee 'Majors'.....certainly not Mr Patel's petrol station enterprises, lol

Some interesting & thought provoking commentary previously posted, on why we reasonably suspect it to be Chevron.

Regarding Covid-19, for the vast majority it exhibits as 'flu symptoms' - the world isn't completelystopping for that, regardless of any media hysyeria.

Can't see global oil production shutting down for that....??

Atb & off to lift some weights

.....to not be holding! ;)

Almost at FULL ASK price - another tick up looks to be coming!

Off to the gym and expect this to be well into the 3-4p range by close and as we approach those major announcements discussed.

Good to be holding BPC stock!