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Holly all of Ferrari operate around that level as well as some select others as Paul has stated. This ewill be the number as long as demand is there.
The Valkyrie indeed was a development car shared with RedBull to trickle down to the mid engine line.
The money has been spent and is part of the current debt. It has set the stage for the new line and as you will see will be groundbreaking.

Holly just a couple of things. The IPO wasn’t £19 billion as you stated and the DBX profit margin will be a minimum of 30% plus higher on options. Also they will produce at least 4,000 next year.
Apply those numbers then add all the specials and the core models and you will start to understand.
Also ask your kids about the Valkyrie and Valhalla in a years time and you will understand the direction the company is going.

Jim what you have heard is that you are ready to drill a million times since 2012. How has that gone for you?
Now they have laid out a plan to give you assets that can be used as leverage as well as contacts that Leo has and you are worried about a dilution.
How many times have you had dilution and had nothing in return? This is a need not a suggestion or you miss the drill deadline and the Bahamas government go to another party.

Just in case you want more details.

https://columbus-erp.com/wp-content/uploads/2020/06/200611-Project-Blue-2.7-Announcement-Final.pdf

Jim have you actually read this?

“Equally, the Boards consider that a business with a broader, regional portfolio, as would be the case with a combined Columbus – BPC entity, would both diversify risk and be inherently larger and more attractive to longer-term institutional investors, thus providing a number of benefits to all shareholders in terms of enhanced market size, liquidity, and access to capital from multiple sources, including via equity capital and debt markets.
In summary, the Boards believe the Merger offers a strong fit in terms of asset overlap and technical, operational and financial / risk diversification synergies. The Boards believe each of Columbus and BPC will be strengthened by the Merger and that the value of the Combined Group will be greater than the sum of its parts.”

Yes Jim a farm in is close with a larger portfolio with the CERP merger. Take the hint, they cannot spell it out and say it directly.
The funding and possibly other capital access or farm in are reliant on the merger. Nobody wants to invest in a 25% possible shot. The merger could allow for a second shot as well as some assets to borrow against.

Although I am fully aware that currently AML are not directly related to the F1 team I do think that if Racing Point do manage to get a podium or two we will see some more interest in AML so some benefits.
The other long term play is that AML have options to purchase shares in Aston F1 if we feel this would be beneficial.
This could be on the agenda later in 2022 or 23 if sustainable profits are shown in AML and Aston F1.

This is quirky but it is worth a watch.

https://youtu.be/ovczxaZNRJI

Lance actually had done very well coming through the rankings and has a lot of potential. As much as any in F1 in my opinion.

I am liking the stability of the oil price at $40 and above so I am looking to increase my holding. My thinking is that if the BPC merger fails (which I am all for by the way) once the oil heads back towards $50 CERPS assets and potential increases rapidly.
It would be great to get a 10 bagger from the Bahamas find as they have been at it for 10 years and they have to drill by early 2021.

Pump trump all very old news.
Bryn, I agree that they should provide us with more information but I have a feeling a lot is unable to be released due to merger rules.
My issue is that without the information pushing a no vote is dangerous when the BOD has unanimously voted for it.
If you don’t have faith at this point in the people in charge to have done the due diligence and to make the best decision then maybe you should not be involved in the company they are running.
They run the company not us unfortunately and we have to think they are qualified (more than us) to make the correct call.

Sorry Razor that is nothing like the middle of December to end of Jan. I stand corrected, only messing.
I think this date will also be under a lot of pressure from the Bahamas government who need the money and want to see results.

The window for spud is quite clear. Middle of December to end of January. Should get results some time in March.

Also anything that would be reliant on the merger could not be discussed at this time due to the regulations involved leading up to the decision date. Strange but true

They generally will say that conditions have to be met but don’t divulge what they are.

The original BPC funding from March had contingencies that they needed to meet to bridge the funding gap.
The new funding is in place now however nobody knows at this point if it is reliant on the merger. My speculation is that it is.

Findme, I would say that BPC did not have the funds finalized and the current funding is reliant on the merger.
Obviously speculative but from listening to both sides carefully it seems that way. No way did they have the funds for the April drill. In my opinion that was not going to happen.

Chef, understood and I do try to discourage the unfounded ramping. Looks like MrNation May have been banned so looks like a little less of that for now.

I think the share movement was a allocation movement fro Yew tree not a real sale.
Takeover? I doubt that at this point. I am however of the opinion that Mercedes are getting ready for a bigger stake once the new team have shown a viable plan and profitable.
Certainly can’t see that happening before the share price goes north of £1 so we will all be relatively happy.

Alot of the positive people on here have stated this is a long term play. If you are looking for a quick buck look somewhere else.
If you are interested in a recovery play with a great upside over a year or two then this will be of interest. Just because you are positive about a stock and in the short term it goes down doesn’t mean your sentiment is wrong.

Any time Noah