Member Info for brynjon

Only 10 more opportunities before 15th December to say "Wouldn't want to be out of this over the weekend."

It should look a little more exciting than it currently does - and even feel a little more exciting.

Instead there is an air of discontent in certain quarters here.

Hopefully we will receive some life changing news over the next few weeks on the countdown to single figures for weekends left.

Stay safe all ;@)

I have seen some elsewhere ;@)

Keith1 - I have lost count of the number of failed predictions posted here.
In fact at times I have to count on my own thoughts lol !!!
So many comments about - this will be > or < by X.

Hopefully as the days tick by we, we should be learning more about the future of BPC and things will settle down. Excitement or despondency will be the two greatest emotions most people will have.

Stay safe all ;@)

Frim Trek - I thought the following line a little interesting - though I may just be getting stir-crazy.

It (BPC) can go into the Perseverance process knowing that it will have cash in the bank, just in case, and the Australian and Bahamian facilities should they wish to keep them.

keith1 - we seem to gain a new audience every other day - or just pseudonyms ;@)

Quite a few decent posters on here who put a bit of meat on a rather meagre bone every now and again - that meat can usually get investigated by anyone wishing to do so.

Some of the claims made by some are quite hilarious - and those posters know who they are so no need to mention them.

As far as the BPC story goes - we are in what appears to be the closest we have 'on paper' being to drilling.

The funding situation has always been an issue, as was the EIA - the latter we are told is duly agreed in principle.

The finance? Well it appears there will always be some disagreement about.

We are told the drill ship - Ice Max is the one which is currently in Las Palmas being prepped for us - I doubt that would be the case had we not had the correct amount of loot in place.

That said we were looking at the West Saturn in March and perhaps due to Covid was cancelled.

Stena seems to be a perfect match for BPC and I anticipate news on this front within the next couple of weeks.

Let us all stay friendly and keep digging out those useful bits of information so that we can all keep informed of the situation.

Only 70 days until the window of opportunity presents itself. Stay safe all ;@)

Respectfully Star - CERP does not exist anymore since the merger, which is my point.

No matter what it used to be - it is now BPC - this is how the BoD see things, this is the way I also see it.

BPC is now no longer what it was before the merger - had the name change been the different way then it would be the same argument. CERP no longer exists - previous CERP holders now hold BPC shares.

..after the posting of the article and the seemingly crazy out of hours trading Friday the anticipated rush on trades appears to have been a bit of a false dawn.

No crazy volatility with the share price either - we are only in the first full week of October, however, so plenty of time for news, expected and unexpected.

Those days are ticking by for the drill ship to be readied in anticipation of its journey to Bahamian waters.

Stay safe all - another colleague injured the other day whilst trying to keep us safe - never one day the same - speedy recovery and a deterrent needed. ;@)

..you state you "read somewhere" about that 1.2p.

I am sure everyone would be grateful if you did a bit digging and discovered the source of that prediction you read about.

Was it a researched post or article online/hard copy media? OR was it just a post you read from an anonymous poster on a bulletin board who may or may not have an agenda?

Always helpful if there is a link to something which other posters can do their research.

Cheers - and stay safe all ;@)

I will amend that to : -

buys = 13m
sells = 26.3
u/k = 88.979m

Being identical trades I expect one wipes the other out - mistake? I very much doubt it - more a deliberate tactic.

Looking at the unknown trades from Friday on ADVFN there were supposed to be a volume of : -

Buys = 8.9m
Sells = 21m
u/k = 63.4m

There are a lot of games being played out. Usual result is the PIs get a shafting.

Stay safe ;@)

There were 2 identical trades showing as 34,473,423 - The time of those was at 11:19:45 hrs on presumably Friday
and a couple at 299,230 the same.

over 9 millions buys on aqse vs 3.3million

They make a heck of a mess though. ;@)

Latino - of course we want to take a step at a time - my answer was directly concerning the information kindly passed relating to drilling.

You may have noted from my previous posts that getting the bit into the subsea level was one of the steps to results. Lots of stuff to cross off the list before that, as I am sure you know.

Cheers CoMan - I expected things would be kept tight, though there are 3rd parties as you suggest who may be less tight-lipped.

It has certainly generated a little excitement on this board - time will tell and in the big scheme of things there is only a short time to wait until we discover the results.

Stay safe - Stay dry ;@)

I imagine the ship will be kept tight as usual - apart from perhaps an over excited worker on the rig dropping a message to a mate. Though I imagine things are kept hot on board too.

Exciting times ahead for sure and one is either in or out.

....not by the posters but in the messages from the statements issued

In the Proactive message from bynari : - Bahamas Petroleum Company PLC (LON: BPC) raised £9.5mln in an institutional share placing.

The word raised, to me anyway, suggests the funds are already there. Had they not been there surely it would have read "Hope to raise/Expect to raise"

In Starchild's : -

and it is expected that admission will take place and trading in the Placing Shares will commence from 8:00am on 8 October 2020 ("Admission").

Which to me, suggests that the shares are not available to be traded until Thursday 8th.

If not available to be traded until Thursday, then let the fireworks begin.

....may be the issue regarding lack of regulation. Most of the acquisitions appear to fall under EPL (A wholly owned subsidiary of BMR of course) who would be governed under Zambian law for its dealings.

Not sure who the directors in the Zambia company register are - probably someone called Alikhani - so it would be those directors who would be in the firing line first, followed by whoever is the overseer in the UK of that company. I may be well wide of the mark of course.

All the earlier acquisitions like Chingola, Ndola and all the other copper mines we were promised.

The below RNS from 2013 does tell us BMR provides an update from EPL - which we all now know was a pile of****** :-

RNS Number : 9298O
Berkeley Mineral Resources PLC
26 September 2013

BERKELEY MINERAL RESOURCES PLC

("BMR" or "the Company")

Copper processing update

Initial production expected to commence at Kabwe in Q4 2013

Berkeley Mineral Resources (AIM:BMR), the AIM listed resource company engaged in the processing of tailings dumps in Zambia, provides an update on the progress made by its 100% owned Zambian subsidiary Enviro Processing Ltd ("EPL") to commence processing of copper tailings in Northern Zambia and at Kabwe in Central Zambia. The Directors believe that copper production will commence at Kabwe by the end of the fourth quarter in 2013.

Kabwe area

Plans are now well advanced for the implementation of BMR's copper processing plant at Kabwe. The plant has been delivered to the Kabwe site and is being erected between the historic concentrator plant and the railway running through EPL's property. The tailings from this plant will be housed in EPL's Davis Shaft area. Installation infrastructure has been specified and is in the process of being installed, including electrical connections and water supply.

In parallel, negotiations for material supply have been commenced with third-party owners of commercial-grade copper tailings and in some cases mines within a 100 kilometre distance from Kabwe; there are at least 20 small-scale resources that meet these criteria in the region. A pre-feasibility study will be completed once all the test work and supply studies have been completed and Environmental Project Brief ("EPB") will be lodged with the Zambian authorities by EPL when resource negotiations are complete.

I have been testing some recipes, our upcoming offerings will be a sloe rum at 25% though it is a fruit liqueur with rum and slows. Then we will have a 3 year old and a 5 year old Caribbean style rums. They are currently under review with my friend the distiller out in the Ruhr Valley. All will of course be available when we all meet up ;@)

The rums are not yet on the website but will be once finalised. houseofruhr dot co dot uk

As I am in a generous mood should anyone wish to have a go use the code 'roodog' and I will give 10% discount.

Stay safe, stay happy B ;@)

Harry - It would have been nicer for us all to have bought in at the penny stage - I managed to average down during that time and had doubled my investment at the time. Nowhere near what some will have but enough in the game at the moment to have a years salary here.

Now the big question is, will it create a better retirement for me in the shorter term or will I have to work full time on selling my German gins and rums for a couple of years instead. Stay safe - enjoy the weekend. ;@)