Member Info for bynari

traders/so-called investors & some pop-up ones also are all working hard on most of BPC/CERP chat boards...do keep posting your drivel, just pity a once good chat board has descended this... if only we could see the real investor on here and not a board full of aliases posting usual rubbish on how bad the deal is...

Guys, you are wasting your time as the deal will happen whatever lies are posted on here about Leo Koot or Tony Hawkins
or Columbus board or even the Bahamas Petroleum and Simon Potter or even its board & executives.

No worries guys this deal will be approved in mid-August whatever people post or spend all day arguing on these boards.
We all got views however you will not stop progress even under the COVID virus cloud...best time to link up I say. I also do believe its a clever deal allowing shareholders to make their own decision and give them the freedom to sell if this isn't for them...Well done so far for all the hard work in bringing together two excellent companies with a forward-looking management team to deliver what could be a hugely successful company in its own right...

Columbus Energy Res
Issuance of Lind and Contractor Shares
RNS Number : 1668Q
Columbus Energy Resources PLC
17 June 2020
https://tinyurl.com/ydav94sy

Roll on August and deal done! then most of the naysayers and great storytellers on here will finally shut the f up...

Thanks for your post, I speculate you have joined a few dots for me there re SP & good source also think he in same location

Hi IK,
I hope you do reconsider returning cause I'm going to miss your early morning start to the day usually first on board.
I echo everything that has been said already, believe me, you will be missed. Your posts were always informative well-researched facts with a mixture sometimes of hilarity & humor, were always a real pleasure to read...
I wish you all the very best for the future
GL

Mr. Leo Koot - impressive C/V

Mr Koot is a Dutch national, currently residing in the UK, with over 28 years of industry experience. During his extensive career, he has run oil and energy businesses and has been an active board member, most recently with AIM listed Sterling Energy PLC as Senior Independent Non-Executive Director.

Mr Koot's global energy experience includes his role as Managing Partner of MENA Gulf Investment Partners (Abu Dhabi), President of Abu Dhabi National Energy Company's TAQA Iraq and Managing Director of TAQA UK where he built the organization from a few people to an organization of over 2,000 staff and contractors and delivered a mature E&P operating company that managed 60,000 bopd production with US$1.7 billion in annual revenues.

Prior to TAQA, Mr Koot was CEO of Energy Development Partners an oil and gas business creating ways to match capital and resources with developing production, for which he helped raise a US$350 million private equity fund. Mr Koot has a Master in Petroleum Engineering and a business degree from Harvard Business School.

Leo sits on the Audit Committee.

You seem to be camped here just rubbishing BPC/CERP deal. It's quite obvious where you're coming from I do not wish to read any more of your negative posts. You can bore the pants off anyone stupid enough to believe anything you write...have just
filtered you Bonum and already the board looks more acceptable without your constant moans...bye.

Instead of moaning & rubbishing deal do us a huge favour just simply sell up guys and move on elsewhere...

So what do you guys think about Oilman Jim's view today in his blog site today?

Bahamas Petroleum Company (BPC) announced its final results. Nothing remarkable in them, but rather disconcerting that they’re converting over £1.5 million of the notes at 1.27p per share, when the market price was standing at nearly 3p. The company will proceed to issue a further 120 million new shares and continue on its path of dilution for the reward of certain undisclosed “investors.” People appear to have been misled into thinking Bahamas Petroleum is now fully financed for the drill and have been buying these new 1.27p shares at up to nearly three times that price. Unfortunately, it’s not and it’s come back quite a bit since I pointed this out on Twitter. You really have to read the RNS announcements carefully. The financing talked about is “conditional.” There likely will be money to be made, though, and possibly big money at that, but you need to be alert and aware and, of course, enter at the right price, which I suspect will be quite a bit lower than where it is now. The special trading course explains all about how to do this.

Interesting how Toscana Energy fall in recent years from $11.5 Canadian a share...

https://www.screencast.com/t/RIf0UgwUUr

is approx 4.5 % of the total number of shares - BPC traded 116,353,266 shares last Thursday huge interest since rig contract announced with Stena

Tuesday 26th May
Simon Potter CEO gives a market update in an interview which starts at 22 minutes into the link below
https://tinyurl.com/yd9foosf

if you missed it!

Stena Rig Contract & bottom of the page for BPC future funding all explained in detail.

https://tinyurl.com/ybbehfaz
source: London Stock Exchange

Looking over i3Energy RNS from years 2018 /19 I would say more than likely we are due a market update on Monday

RNS - Update - Investment - 31 May 2019 14:10
Final Results for the year ended 31 December 2018 - 31 May 2019 07:00

RNS - Update - Investment - 31 May 2019 14:10
Final Results for the year ended 31 December 2018 - 31 May 2019 07:00

THIS IS MONEY
29 May 2020 12:48,
Bahamas Petroleum zoomed 126 per cent to 3p after inking a deal that sets in stone the start of operations for an exploration project.
The Perseverance-1 well, which is targeting 770million barrels of oil offshore Bahamas, was delayed as a result of the pandemic.
Chief executive Simon Potter announced in March that sticking to schedule could compromise the safety of operations. Bahamas
Petroleum was approved for listing on the Bahamas International Stock Exchange and is expecting to receive $900,000 in subscription funds
https://tinyurl.com/ybwwcssh

stewart3250
RNS rig contract & funding showing separately above in 2 news items listed under 'BPC Share News'

Analysts upbeat on the outlook for I3 Energy

Michael Green Stockopedia 21 May 2020

The I3 Energy (LON:I3E) share price has risen by 5.71% over the past month and it’s currently trading at 5. For investors considering whether to buy, hold or sell the stock, the question now is whether this price run will continue.

According to the company’s analysts, there are certainly reasons to think it will continue to perform well in the year ahead. In terms of trading recommendations, I3 Energy currently has a Buy recommendations This suggests that analysts are generally positive about the outlook.

Finance Home Yahoo

If there are any long term holders of i3Energy patience will pay off here i3Energy CEO & CFO Majid Shafiq and Graham Heath are determined to pull this off and they will, in my opinion, could even be another acquisition in store.

An UPDATE will be released by i3Energy
i3 Energy PLC - Final Results for the year ended 31 December 2019 due in a week tomorrow Friday 30th May or Monday 1st June 2020

If you listened to i3Energy CFO Graham Heath he did say next update to the market would be in a couple of months when the Annual Report due.

Check out for yourself -21mins 25secs into the link.
https://tinyurl.com/ydavxorn

a reasonable explanation here on board...

"They have just purchased Toscana's debt of c$28m from its lenders for just c$3.4m i.e paid just 12.1% of face value. After the deal is consummated, i3e will have paid effectively c$3.95m (£2.25m of which only £314k is paid for in i3e shares)) for a debt free Toscana. They should be able to secure new debt based on this income stream as well as getting their TSX listing in for free. Seems a very good and opportunistic deal to me. '
I3E’s strength here is they have bought the debt and therefore have all the power. If shareholders vote against the deal and the Company is in default (which it is), then I3E can take the assets as the debt is secured on the Toscana’s assets"