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Glide - I concur - any holiday anywhere, certainly in the current climate may be cheap on paper, but add in all the testing and inconvenience that makes, could curtail many overseas holidays. Those travelling from the UK to Europe will have the additional divisiveness of local customs officials too.
The world is all a bit of a 5hit5torm at the moment to be honest.
Still - its a start of a new week. Let us see how our investment fares.
http://thefreeportnews.com/
Not a lot to report from the Island closest to the drill site.
Glide - there is also the issue of obtaining the necessary paperwork clarifying one has had a test and proven negative before you even get over the threshold these days. The costs of obtaining such a test before departure and again for return will make foreign travel quite expensive especially if a family holiday etc.
Eye Witness News = around 3:08 inhttps://ewnews.com/eyewitness-news-january-15-2021
I won't discuss what stimulation I worked on other than they were female and they were usually gushers !!!
Sorry for that guys - I will now sin bin myself.
Have a great afternoon and stay safe ;@)
Droftarts2 - it is still a risky play, the ex CERP stuff has been a distraction to the LTH of BPC - whilst there is some value in those assets, they are another long journey in the more than a decade to get to where we are today.
Therefore, the emphasis being on BPC which is the foundation of my investment here.
Too many unknowns to correctly predict what will happen - however, with a potential multi-billion barrels of oil available - I personally cannot see how BPC investors can lose out IF that potential becomes a reality.
Government MAY go to the polls and ask the population the question = Do we drill for oil?
The JR should rule in the Government's favour - in that they followed procedure - we have had them saying they do not want to drill but the regulations are 'draft tight'.
They may not want to drill - however, necessity may demand they MUST drill.
Not too long to wait for the results of both drill and JR.
Young-gun2000 - you are posting on public and rarely monitored bulletin board - this bb gets lots of folk asking similar questions and the majority get a bit of heckling - you can always follow Starchilds's posting history where there is usually a daily summary (of his personal opinion and facts) of what is going on.
Like the majority, we do our own research and spend some time keeping up to date with the shenanigans that is BPC - if you are invested here, you should by now have a thicker skin than when you started - it is all playful banter. Stay safe ;@)
I read the remark about crew change as - would BPC be ar5ed to bother with a change of crew, rather than just close the drill down IF there was no worth in continuing to drill.
The change of crew will, of course, be determined by Stena and not by BPC UNLESS they had decided to pull the plug.
The continuing toings and froings of the supply vessels is a good indicator in my opinion.
Should the two supply ships remain in port will be the time to consider -
a) they have done enough drilling and discovered what they desire.
b) they have done enough drilling and decided enough is enough.
c) the JR decides for us.
The JR should be enough in the future that it has no bearing on the drill.
Still all to play for and all to lose - no guarantees.
Droftarts2 - That is a bit of a risky play, owning several millions of shares and at this stage asking that question.
At this stage, we have the government playing down the drill - though reasserting their commitment to a Sovereign Wealth Fund.
We have a bunch of folks trying to scupper BPC at every turn and as yet we do not know their funders. Conspi******s may suggest a major oilie is trying to scupper the drill - they failed and the exploratory drill is still turning and I am sure we will know within the month.
Then comes to your question as what will happen - there will be many protests, however, 50% plus of employment is via tourism - tourism is again on the brink. Tourism is around 60% of GDP.
What can the government do to increase GDP in light of their largest industry currently in tatters?
Do they keep a moral high ground and keep the environmentalists happy whilst the economy shrinks further OR do you succumb to that pressure of mounting debt and allow drilling knowing there is a risk of a leak/spill from a well?
On the latter one needs to bear in mind the islands are passed every day by oil laden tankers without incident.
There is a funding issue - BPC do not have the money to extract the oil at the moment - with political the way they are at the moment, would you want the opportunity to scoop up, a potential, several billion barrels of oil before it gets left behind by the riches that lithium mining in Bolivia take over in the desire to go green?
Quite correct Subito - however, as per the post - I wasn't particularly listening or indeed paying attention #;@)
So do we pay any attention to your post if as you say "My advice to anyone DONT LISTEN TO ANYONE!"
Lol - tic - keep your pickles chilled.
Further to Brutal's excellent update, as you state you have not been keeping up to date, I will add - it is now 2021 so you may have missed the Christmas and New Year celebrations (It may, of course, be you do not celebrate such festivities), today is Sunday, January 17th, I concur with other posters that BPC are drilling for oil and as Starchild states, some 28 days in.
There is a JR to be heard in the Bahamas, there's a few fluttering hearts, there are a lot of cheap shares going.
We are less than a month away from discovering what actually lies beneath.
It is time to hold your nerve - the fat lady has not yet been warming up her larynx. There are no guarantees of success, though the government have made mention of a Sovereign Wealth Fund again.
The Stena Ice Max is still in position and has not moved, the supply ships Clearview and Blackfoot have been making regular visits to the drillship, there has been a helicopter arrival and departure to/from the drillship in the past few days which may indicate a crew change.
There are a few anti-drill folks bumping their gums and all is not as easy as we thought it might be once the spud began.
Splice - your guesstimate on chances of a duster is based on facts, or is that just your opinion?
If your opinion, would you be so kind to shed some light onto what valid logic that is based upon?
They remind me of the middle of Saturdsay. Smell the same too!!
Tiburn - good point - what message would be sent if they DNA for a second time in a row? Must be confident ;@)
I agree Zag, however, the suggestion and not a precise suggestion was mooted - finger in the wind at that.
A little like how much would BPC be expecting per boo in return IF AND WHEN it comes to farm/buy out. All pie in the sky presently.
With a tad over 2p currently, I would hope things improve somewhat before any negotiations commence.
A finger in the wind - but if BPC were to make a profit of $5 a barrel the poster is right.
We need the ability to get it sucked out and into a barrel first of course. ;@)
icemax - hence my comment as "showing as" - price is so tight they could be either way - another 4m not long popped in 2.072.
Cheers - bynari - useful to know.
Been a couple of largish trades since 1130 - 5m, 1m and 3.5m reported as sales which up until they started sells were showing only 340k vs over 32million bought.