Member Info for CarsCoffee

The new leadership at Aston are pushing to bring the Lagonda brand back and this will be the electric arm initially.
The rest of the lineup will go hybrid over the next few years until they are forces down the full electric route.
Still holding here, back around my break even after my early purchase at £9. Had to work hard also to get my average down but did keep the faith that we will come out the other side.
The Mercedes vote of confidence recently as well as the electric tech share is a huge deal and gives the added security that we have needed.
Valkyrie pushed back again until the middle of next year so we will not see the boost to the books that I had hoped.
I do think I saw a V12 DBX testing at Silverstone last week as well as possibly a V6 Vantage. Both will be exciting additions along with the facelift using the new Mercedes tech.
Still a 5-6 month wait for a DBX so I can only assume they are still selling at a decent level however maybe not the 2,000 plus units that had been declared in the past.
The most important thing is that the de stocking has gone well from what I have heard and people are now having to pay list on new orders.
Maintaining the profit margin and looking after the new and used customers is key during this transition period and I think this is being achieved.
Good luck all and don’t ever regret taking a profit.

Stena are required to give a 30day notice of arrival. That would be in line with the schedule. Not sure this is an RNS requirement but you would think it should be news worth sharing from the board.
Very likely a morning RNS

Must be the 30day notice from Stena tomorrow

Apologies ADEK, many of us have been on here for a long time so we occasionally share other stocks and stories.

Who did you hear that from regarding the 22nd?

I have been living in the Bahamas for 20 years and have been in conversations on the government side as well as people working for BPC over the years.
I warned many on the issues in the Bahamas and the delays that would happen and believed that the drill would never happen.
In recent months those conversations changed and I could see a light at the end of that dark long tunnel. I invested on the knowledge that this drill will now happen so I will admit to not doing the in depth research that you would expect for my investment.
I know a lot of you have been involved for extensive periods of time so the information would be at your fingertips. I apologize for my lack of investigation.

I don’t want to be a skeptic but it has taken 10 years plus to get to this drill it seems unlikely that a second drill will happen upon a duster.
I also would say that the Bahamas would not allow for another lengthy delay In between so in most likelihood the drill rights would be lost.
I can’t find the exact terms of the oil extraction deal. Can anybody post a link or info please ?

So BPC had a requirement from the Bahamian government to drill this year (slightly extended by Covid)
If a duster does anybody know what the next requirement is to maintain the exploration rights? Also what is the requirements to trigger the oil extraction part of the deal?

Transit time should be 2-3 weeks but I would guess they would allow for 3-4 so anytime from the end of this week until the end of next in my opinion

Difficult to know how the Biden win will effect it. He is anti oil which will lead to a small decline in demand over many years of transition.
On the flip side he will cut down on fracking and other environmentally sensitive ways to gather energy. This could lead to a rise in price as production will drop.
Very hard to know so I would guess a neutral effect long term. In the short term the oil price may stabilize as the Trump chaos is over.

I topped up Wednesday but let’s face it this price is still very low. The ship will likely leave later in the week or early the following week at the latest.
Once the ship is on its way people will believe this is happening and the ramp up will begin.
The large volume on Friday may mean the word is out that the ship is leaving this week so in my opinion if you want more then probably best to get in now.

That would only be £800k profit. Just beer and wine and I can make it happen

£1.13, party is at mine in the Bahamas. I have 14 million shares so I will pay for the drinks.

Sweet Escape, Jamaica register

It is a little close to Cuba but I might see if I can catch it arriving into Bahamian waters.

Some bad weather systems at the moment and my boat is stuck in Fort Lauderdale. We are due to leave for the Bahamas next week when the weather breaks so Ice Max should be looking to leave also as it seems the weather gap should last a few weeks.

Just picked up another 2 mil, trying to do my part

I think if Trump wins then the Oil price will recover over $40 and maintain that with a rise moving into next year.
Realistically the CERP assets needed oil over $50 to be a good viable business. This is why Leo was inclined to take the deal he did. At the time the forecast was under $40 for at least a year.
With BPC at the helm some of the running costs have been reduced due to the consolidation so the viable business number is reduced a little.
I still feel P1 is our only way to profit for shareholders however the CERP assets will hopefully give us a get out around the 1p mark in case of a duster.

Definitely a flat response. The biggest positive I see is that we are only committed to a % of the loan and the remainder can be canceled without penalty.
I think this was a good cost saving move while still having the funds available if needed.

The lockdown and the second wave around the world will effect the oil price so will impact the share price also