Member Info for CarsCoffee

BPC as far as I am aware

2 years I would say £2.85

https://www.google.com/amp/s/www.pymnts.com/news/b2b-payments/2019/wirecard-again-faces-allegations-of-accounting-fraud/amp/

I am sure this happened with wirecard last year also. I remember getting a notification because I held some in a fund.

Fox keep watching those charts. Let’s see how long you can hold on? Or will you disappear from the chat as soon as the share starts moving up again like every other shorter from the last month.

We will all need to wait to see if the merger happens and if the drill in Jan happens and if oil is hit.
If no merger we have to hope to be rescued by the oil price which is a big risk in my view

Keith you are correct. Financial as well as the experience and expertise of actually finding and drilling oil is worth the merger.

In the grand scheme of things a delay until end of July is not the end of the world. It will make Q2 numbers look horrendous and will bring Q3 down a little now but Q4 and into 2021 will be the game changer.
Hopefully Valkyrie gets some good news to counter the Q2 results.

Guys I am happy to walk away from this chat if you guys just go back and forth trading insults.

Willec this is why I like this merger. I have not have confidence in BPC to be able to follow through and actually drill the oil. I don’t think they had sufficient skill and understanding to physically get it done.
The oil is undoubtedly in the ground. The reason I have invested in CERP is because Leo knows how to get over the finish line and that is what BPC need at this time.
Leo will bring the drilling team that was already announced a few weeks back (I am sure under the guidance of Leo) and oversee the drill in January.
This is the first time in the 10 years watching BPL that I can see it actually happening.
The other reason I invested here was because if it doesn’t happen we still have some potential with a stronger oil price.
Leo put this all in motion when the oil price was at $20 and every person would have said it was likely to stay below $35 for the next 2 years. This would have made CERP’s assets almost worthless.
This low oil price has recovered much quicker than expected and it seems it will be in most people’s interest to keep it that way.
Leo specified his feasibility study on the CERP assets was at $45 and that has been a low average over many years. This makes CERP viable again if this does fall through.
We would be crazy not to go after the big money shot that has presented itself. I have said before I think BPC would have been happy to take LEO without the merger but he is bringing us along for the ride.

I like about 1 mile from Delaport, on lake Cunningham.

Hey Qnard

A large number of shareholders in BPC are Bahamian and the public will also benefit. Obviously deals will be ongoing but once signs of drilling success is shown the Bahamas will be behind it.
With such a small population an oil find like this could change everybody’s lives in the Bahamas.

I am originally from the UK, I moved to the Bahamas 20 years ago.

Willec I was referring to Dr Koi. Apologies

You got it starchild

Does nobody on here read previous posts? 10 million was my buy. No I am not from BPC

By the way this win can be made in a short time. The Bahamas group have been working on this for 10 years and Jan 2021 will be when the oil is struck.
Seems like great timing for Leo and CERP to get involved.

Yes I live in the Bahamas. The Bahamas site is potentially one of the biggest oil finds in recent times. This dwarfs anything CERP currently has.
My view is they want Leo onboard and he is taking us with him. They need to get the first drill right and Leo has a proven track record and the right contacts.
The combination of the potential of the Bahamas oil and the skills of Leo along with a better leverage position for financing makes this a potentially huge win for both parties.

Willec that was my buy, sorry no special insider knowledge other than I am connected with the Bahamas and know the potential of that site.

I see starchild, he is not a holder at CERP just doesn’t want us involved with BPC