Member Info for CrustyPete

And with a 50% discounts make that 222 billion....

But Steve with a market cap of under £1m how much do you think they will be able to raise and at what rate of dilution? Any raise in the current market and with the track record of this bunch of imbeciles will need to be heavily discounted.

And what happens then if Rhein goes tits up? Rhein own the license; will BCE even be allowed to drill again?

Honestly I think this is a dead duck.

Well any third party might think that they have more than enough reason to have doubt in Ian Cowie's column; firstly he bought in at over 10.0p and secondly has never averaged down with any of the subsequent placings. So what does that say about his judgement: either in his initial investment or his confidence in the company subsequently?

But on the other side of the coin Rhine Petroleum owns the license, so if that goes tits up the administrators will end up selling the license as an asset leaving BCE with nothing.

Those two and a list of about a dozen others too.....the man certainly has an agenda just a pity he hasn't got something more worthwhile to do. At least when he is not in The City Pubs beating up Market Makers, Lol!!

Blimey, that lot will take some shifting. Something of a drag on the sp for a while. I wonder how long the MM's had been warehousing that lot.

Toffers you are 100% wrong yet again - at no point have I suggested that the company have been "deceitful" or that they have "misled investors". I have simply stated that IF what dsymons and Robsaunders have posted is truthful the company have been selective in who they divulge sensitive information to. Nowhere in that statement is there any suggestion of "deceit" nor any attempt to "mislead" anyone. Who and where have I suggested are they misleading? Who and where have I suggested are they deceiving? In order to mislead or deceive someone they would firstly have to make some form of false or misleading statement. Nowhere have I suggested that.

FWIW I do think that 0.80p offer price is a strong possibility before the close but certainly not because your graphs "indicate" it.

But Tiger, yesterday you told us that your graphs indicated that we would get an RNS today so excuse me if I don't give them any credence.

Indeed crypt, you may well be correct, after all the sp was sub 0.80p for most of the day.

At 4.28 yesterday it was probably a SELL not a BUY - spread at the close was 0.79 - 0.82p

You knock yourself out Toffers.

Personally I would like to know if the company I am invested in is giving sensitive information to a selective group of "insiders" or, if not, I would like to expose the posters of that uncorroborated and disingenuous information for what they are; shysters.

But hey, each to their own.

I have "owned it" Toffers I have brought it to the Company's attention that on a public board, posters claiming to be part of the investor group that took part in the recent placing are claiming that they are privy to information that the rest of the shareholders do not have - I have asked them what exactly they were given and asked them to make the same information available to all shareholders.

Firstly it is dsymons that stated that the information came from the investor presentation not me - I have simply stated that, if that is true, then there has been a breach of sensitive data.

Moreover no statement can be libelous if it is "true".

I have no proof you are quite right. But if what dsymons says is true then that is divulging price sensitive information that is not in the public domain.

Nothing I have said is "libelous" I am simply saying that if what dsymons and Robsaunders has said IS true then there has been a breach of sensitive information.

I have asked the company what information was provided to placing investors and asked them to make the same information available to all shareholders and the market in general. IF there are some privileged few that know what our current cash position is then we should ALL now.

Simples

Dear oh dear, if you say so Toffers. What they have raised and how much is still left "unspent" are two very different things. We shareholders only know, officially, what has been presented in historic accounts - what dsymons was relating was their "current" cash position - which is NOT public information.

But hey, enough, you keep on about it if you want - I have already done what I think is appropriate - end of.

Toffers - knowing that the company has $12.8m in cash IS "price sensitive".... that is proof enough , if indeed it is true.

Well, if dsymons is to be believed, that they have $12,8m in free cash.... And as regards the Nomads and FCA Toffers - not quite yet but I have made my feelings known; if I do not get satisfaction from my initial queries that'll be my next course of action.

But yet again, placing investors are being given (price sensitive) information that neither the market nor existing shareholders is privy to....

Many here have a lot more than £40k invested, me included, but I do not consider it a "gamble"; more a calculated, risk weighted, speculation ;0)