Member Info for brynjon

Thanks for that lengthy update regarding Mr Jessop's opinion.

Mr Jessop's view is that of his own of course. The website he is connected with Caribbean Intelligence has not one article under the search parameters "BPC" - the first mention under search parameters "Bahamas Oil" dates back to 2017 - so one can assume his letter is his own opinion only, rather than that of the website and its supporters as there is no recent commentary found using their own search bar.

FWIW 10 posts are missing from my feed on this page alone. Several minutes gained in my short life.

He does not want the drilling, yet asks: -
"Has there been any advertisement for their positions through the Ministry of Labour, or any Labour Clearance Certificate issued confirming that no Bahamian can do their job? Did BPC make any effort at all during these extremely difficult economic times to employ as many Bahamians as possible on the rig?

Hundreds of Bahamians with technical experience in Freeport’s industrial sector have lost their jobs at the Grand Bahama Shipyard and many other industrial sites and are eager for work. Why should 200 foreigners be employed without seeing if Bahamians are available first? After all, this has been unshakeable government policy for half a century."

From this message alone, we can suggest the drill is well on its way to being commenced without delay.

One question from me is - why do they keep featuring the ship Drill Max? Lazy reporting perhaps.

Stay safe all ;@)

He would run short of folk to look out for - they would all be able to hire a good lawyer.

after he is pushing for a compensation claim to be raised due to inequality
https://ewnews.com/smith-to-appeal-kenyan-detention-ruling-calls-640000-damages-award-grossly-inadequate

A year ago he was complaining about the government being slow to implement changes and new investment in the wake of the disaster of Dorian

http://www.tribune242.com/news/2019/dec/24/qcs-collapsed-state-fear-if-another-dorian/

So the government made the decision to welcome in a new era of finance via oil and he wants it stopping.

Let us not forget our craving for soya product - where our vegan and vegetarian folk look to banish the cows creating so much gas on the planet we eat more soy products.

Many millions of acres of rainforest have diminished due to the craving of soy products for food and beauty products. (other quick cash rich products are grown to of course)

I think we need Sting back on the case and highlighting the issues around rainforests and get some more trees planted.

All a little tic.#

There have been many trades such as this one at 2.9 - though none have made any impact on the closing price as such. The off 4-5% either up or down.

I had hoped for a small % daily increase on the run up to spud, however, that dream has vanished.

I am still very much glass half full, though very much aware of BPC history and the various ups and downs.

Stay safe all - ;@)

Shown as deal 107 of today - timed at noon.

showing on advfn

It is all about the unknowns - the side with the best voice will gain the most following - as you say CC the message about the financial benefits needs to be the largest one.

With both sides of the government chamber singing from the same hymn sheet and interviews like the one we are discussing here we may be able to win over any fence-sitters.

Not knowing the judicial system in the Bahamas (there are plenty of allegations of corruption etc) I could not guess the plot.

We will know pretty soon whether there will be another delay in proceedings, though with the 10 plus years of luck we have had with BPC I am not holding my breath.

In previous news articles, the legal proceedings have been written as 'possible impending proceedings' so it may be a lot of bluster.

18/11 "Environmental activists last night threatened to initiate legal action against the Government and Bahamas Petroleum Company (BPC) within 14 days unless the latter halts its oil exploration plans."

27/11 “Given that they [BPC] have not heeded our respectful request that they confirm they will not drill, I think the Coalition has no choice but to ask the courts to intervene. Therefore we will likely have to apply for the injunction. “We’re going for the injunction, yes. Unfortunately, we have to. It is shocking that BPC would ignore the letter that we sent, in which we warned them that legal action is imminent, and would result if they and the Government failed to stop their drilling intentions.”

SP stated " Once scientific tests establish if oil is present, the well will be permanently sealed. "

I suppose that does not hint that there will be many other drill sites created across the prospecting area, once oil is found to be there, so not a fib.

Whilst the 'letter' incident began with SC penning it - another poster coughed to sending it.

Whilst the responses to the letter has been published in the online articles there are considerably more opponents to the letter on this LSE board than there are within the online newspaper.

This most recent of articles published on the 30th November 2020 received not one comment - though you can see on this thread there are a few.

As with the RW thoughts - there were umpteen posts about it and to date, the vessel is still in port at Las Palmas - so turns out a few grey hairs and ulcers created without reason.

We had a decent RNS update, the IceMax is seemingly still on course - the share price is not as I had hoped, been gaining a couple of % per day - whether due to concerns about the possible lawsuit/JR or finances, I cannot say.

In the meantime, I hope to hear some more positive news and see a steady rise in the SP on the run up to spud.

Sadly there is nothing straight forward with this share.

Stay safe all and try not to clock watch for too long. Less than two weeks to go. ;@)

that reminds me of the mind reader in Peter Kay's 'Phoenix Nights' https://www.youtube.com/watch?v=Rd79Ie_vWyQ

Was like being at sea watching that lol

Best get the drilling done now then if climate change is going to create issues with hurricanes and storms in the future.

Good job we are drilling off the coast of Cuba too.

Oh, my word - I think I will need to sell all my shares now.

Have a word chap!!!

If you are posting such comment - then please add a link showing such a thought, so everyone else can be frightened too.

FFS - for the love of god - can we cease this childish behaviour.!!! Have we nothing better to do?

Best regards - Stay safe ;@) Bryn

I hope I find you all well and this Covid malarkey has not destroyed anyone.

Hope to be out of this purgatory before this time next year.

Whilst I am not hopeful, it would be good if we could at least get a percentage back.

I think he is out of cream this morning - apparently it was all spilt at the lifting of the anchor.

chunter - with respect - that story had been done to death over the past week and perhaps the reason it may have met with some derision.

The presence of the RW at the same port had also been done to death.

We now have the benefit of the IceMax vessel having a destination marker as Freeport (whether is docks there is open to speculation) and under the steam of its own engines and in open water.

There are some thoughts that RNS are overdue, particularly in relation to the anticipated CPR, however, all eyes are now on the prize that is P1.

Perhaps have a skim through some of the presentations on the BPC site if you have not already done so recently. For sanity's sake perhaps do not concentrate on the MarineWatch site as at 6 knots it will be a long wait. I think once it is in the more open sea they will ramp up the speed but not by a vast amount.

In the meantime, the pressure is seemingly off - the court proceedings are not cut and dry. I personally doubt any injunction would be issued in the short term - though I have been known to be wrong before - and I am quite relaxed at the moment.