not a great deal of chatter on Thursday.
I was happy enough to see a small rise today rather than the thrashing long death that was prophesised.
Let us see what happens tomorrow - no guesstimates required as the majority of them never materialise in the short term as we all know. It also saves on the amount of guff that goes on outside of what is actualy in the news and more imporantly what plans for that get together SHOULD we strike oil. It is still a long way off though anything can be announced in the short term. Stay safe, stay civil - stay on track and don't be blocked. ;@)
I think we should wait until we spud before any talk of a club - If we hit anything over 50p in the next few years I would gladly join folk for a knees up at Sandals or similar. Never been to the islands but would give it a go if only to give a little money back.
In between times I think a visit to the capital for a spot of lunch will be in order around spudding.
P_I - nothing like having a good quote - I think this one sums the current situation up quite well.
From Donald Rumsfeld back in the day:-
“Reports that say that something hasn't happened are always interesting to me, because as we know, there are known knowns; there are things we know we know. We also know there are known unknowns; that is to say we know there are some things we do not know. But there are also unknown unknowns- the ones we don't know we don't know.”
He was good as he also is known for another gem the gist of which will return to the board very quickly:-
“Those who made the decisions with imperfect knowledge will be judged in hindsight by those with considerably more information at their disposal and time for reflection.”
I think me and my dog are aware as much as every other man and his dog knows there is something going to happen on Thursday. What I want to know however is what will happen on a Thursday 8 months from now.
Whatever happens in between may or may not become of interest but tomorrow is of no interest to me whatsoever.
Not sure anyone is with me on that. No need to respond otherwise it will elongate a dull story. Be safe my friends.
IK - don't fret over the small stuff. Folk will be folk and there is little to be done to stop them. Keep your upstanding principles and let the fog and mist create chaos for others while the rest of us walk in clear air. Though woke up at 4am and it was looking like the typical summer's day outside - not something I had seen for a while. We need some more blue sky else everyone will become miserable ha ha.
Stay safe all - buckle up and enjoy the roller coaster ride. ;@)
I may sit down to one of my own drinks = Most probably my (House Of Ruhr) Renton which I named after my great grandfather.
A smooth sipping gin or may put in a peppercorn tonic to make the night a little longer, though I may need to call out for a malt. See what the evening brings.
11.5 vs 8.5 sells v buys
Don't let them get to you. ;@)
Some folk are just happy to take a small profit and boast about their gains and some people are like sheep.
Still a way to go on the roller coaster ride that has been BPC.
Interestking - I say that everytime someone complains of lockdown - the big man upstairs obviously thought - "I've given them the 5hitty end of the stick with this one so best make it a little easier for them. I think deaths would have increased if everyone was stuck indoors falling over each other.
The haze over the coast here seems to be almost gone so another good day to be had.
Interestking - thanks for cheering me up fella - great anecdotal tale from the Canaries. Reminded me when I scored a few cases of wine from the Sunday Times Wine Club many years ago.
As I look from my window at the rather hazy North Yorkshire coast from my Tyne and Wear boundary I see some hope that once the mist clears with BPC we will have a grand view of what is to come. We have had a rocky road on the way so far. There is a lot of discussion about dilution though that is already in the open and will be no surprise to anyone that has done a little research when it comes.
Volume seems to have massively tailed off after the good uptake the other day. I am happy to sit this one out - I had initially though this would have been a 10 year investment - but what is a couple of years in the big scheme of things. I just want it to have popped before the next big birthday lol.
Hopefully this lockdown business is sorted in time for Langham's otherwise we may have to fly somewhere that is open for business.
Stay safe everyone and have a great week.
Morning all - seems like some folk have been at the blue smarties over the past few days. Great to see some positivity flying around - whilst it may seem a little early for ramping we long-termers are seeing something new in the RNS and videos. For me that is the calmness of things. Well worded documents and tidy hair shows (to me anyway) things are settling down.
There has not been any argy bargy on the board which is a blessing, some great posts and guesstimates which appear to be well researched make the board a pleasant place to waste an hour or so.
I do like to see my holding showing blue for a change and better that it is in double figures too - I look forward to that being 3 and 4 figures in the not too distant future.
That fantasy portfolio (which I have not been updating with new mentions) shows as follows:-
Please be advised that research should be done before taking a tip from here or any other board/tipster sheet.
Only 11 of the 39 tips given on here are in profit and we are still showing a deficit. Those 11 shares have pulled in £12,888 of profit between them - each of the 39 tips had a fantasy £1,000 worth - so even after all that profit there is still a deficit.
Long time since we have seen in excess of 100 million shares traded in a day. This is the sort of figures I mentioned many moons ago to say when we hit these sort of figures and higher on a consistent daily rate will there be a little bit of good excitement. Let us see where tomorrow takes us. I would like to see a couple of weeks of this interest going forward.
I will crawl back under my rock now to check on the availability of our rum.
I am still here - perhaps I should kick myself for not buying a load during the lows but I guess I was happy enough with what I had.
Exciting to still be here with the planned drilling timetable, though I thought the same when we were all debating the name of the expected drill ship last time especially as Simon P had given us the clues as to which it was - and of course it wasn't.
I am happy to hold onto what I have which will give me a decent pension pot if we hit oil.
I have to say I was happily surprised by today's rise as I was with the past couple of days. Nice to see we are number 3 on ADVFN's risers.
Let us all hope the retraction due to day trading sellers is a low one and we can continue with the positive news going forward. Amarone, Rum, Gin (From 'The House Of Ruhr') beef and horseradish sarnies are the way forward.
Stay safe and be friendly.
IBlondon - if it goes up to a quid - I will buy a hoss just in order to BBQ it*
However it may be a waste after all the beef with horseradish sauce that will be on offer. Looking forward to sarnies washed down with Amarone and Rum.
* For the sensitive among us - I am joking about buying a hoss. ;@)
PetrolInvest - nice to see a new face ringing some relevance to proceedings rather than dump a gloom or glee bomb,
There is a lot of mirth here and many of us have been holding a decade or more - as they say - patience is a virtue - and to be honest we have seen more ups and downs here than I certainly care to imagine.
I think everyone needs to have a release every now and again and I note a little sabre rattling though not required presently.
We are stuck in the doldrums and whilst it is frustrating - it is what it is. We have too often been "almost there" only for someone to pull the rug from beneath our feet - many have made a killing but for the majority we have seen paper profits fly out of the window.
Stay safe all and have a great weekend - B
Agree Keith - that age old arguement - if I recall correctly the wording was the exclusivity was no longer required - NEVER has it been said officially that anyone walked - plenty of folk decided that they would prey on folk with the 'walked' opinion as it fit into their agenda.
Stay safe all - I am still lurking though that is all I am doing lately. All the very best - Bryn
Sharetalk - as per jumping in with both feet. Nowhere did it suggest the company needed to raise that capital - instead the investor decided to gain the advantage of taking shares at the discounted rate rather than paying the higher rate when the agreement took place.The additional funds will of course be held in the bank along with funds already resting there.
As announced on 3 April 2020, the investor has previously converted, in aggregate, £2.24 million of the amounts drawn down by the Company into new ordinary shares. The Company has now received a conversion notice in respect of an additional £0.925 million, at a conversion price of 1.17 pence per share, and, pursuant to the terms of the Facility, the Company will proceed to issue 79,059,830 new ordinary shares (the "Conversion Shares") to the investor. Thereafter, £1.54 million of convertible notes will remain on issue, and remain subject to conversion or redemption in accordance with their terms and conditions.
There has been nothing of real importance to post about - in relation to BPC of course. The screen on my laptop gave up the ghost last week. It was a faithful friend for many years so have had to resort to my desktop linked into my telly. I don't watch too much telly so ergo I do not get onto the computer much either at the moment. I'm still getting used to the new laptop so not on that much either - but what am I waffling about?
We have changes forced upon us, we did not ask for these changes and we have to adapt to all new schemes, whether that is part of a career change or this whole lifestyle change.
BPC is not sheltered from these changes though is in (IMO) a better position than most in that there is no major committal of finances which are burning a massive hole in the pocket (hopefully the CEO and others are not laughing at that thought). We have no rigs to maintain or massive employees bill. We should be in a great position to get stuck right in when the time is right
I hope we are all keeping safe and as well as we can be physically and mentally. I am fortunate enough to have a great view from my front door (and better from the upstairs window) of the northeast coast from Sunderland down to North Yorkshire which cheers me up when I am feeling a little low. I know things will get better.
Stay safe - send your family and friends a virtual hug and fingers crossed we can do it for real by July. Best regards - Bryn