Funding - an alternative possibility..15 Dec 2020 12:08
..whilst we are on our backs playing turtle whilst listening to the various commentators telling us we are doomed or otherwise.
On the same side of the room are the eco-warriors and those, dare I say it, determined that BPC lose the ability to drill so they can pick things up on the very cheap.
In the meantime, LTH and newbies decry all the eco stuff and doomsters, and are looking for a rationale for the recent fund raise.
Perhaps - and this is only a single (perhaps simple) mind's cogs working.
How does the BoD show that they are determined and positive that the drill will go ahead regardless?
Well, they put out a nice video showing how safe oil drilling practices are these days and raise some money to show that the project is indeed attractive to new investment which in turn slaps a wet haddock in the face of the JR. They raise that money - for a purpose which is outlined in the RNS - in the face of the doomsters wishing BPC to falter at the last minute.
For those seeking answers - do some research. For those looking to invest, do some deep digging and only invest what you can afford to lose, especially in these crazy times of global mass redundancies. Do your own research rather than listen to some of the cr4p spouted on here. It is your money and not theirs.
Please use the internet and check out the stories told on here. Then, if you can contact people in your network and see if they can help if there are things you need verifying. BB users are in the main anonymous and most have an agenda - even if it is only to make money.
The BoD are paid to make decisions that are right for the company - sometimes they get it wrong which is why, when they have an AGM, shareholders can take them to task.
Am off out now to sort gin matters - stay safe, enjoy the day and let the players play. ;@)
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