Member Info for Davie46

Don't know about that, it certainly shows a lack of interest.

No , not bitter just disappointed in myself for investing in this pile of crap.!!

Not one single post so far today, says a lot about this shambles of a company

I also had shares in DGO, bought in at 3p then we had the consolidation and my stock went down to 320 shares. Then bought a few thousand at 32p and held till the company was sold.

Thank you all for confirming what I said, and Sundaysun I suppose I have been glass half empty but until the major oil company got involved I had no reason to be optimistic.

MY first post on this board was around 2011, and there are probably others on here that can confirm this.

You have just proved my case, sad little man.

I feel sorry for you as you appear to be one sad individual who likes slating people that don't conform to your thinking. You seem to have a need to prove you went to school and learned how many millions are in 28 billion for you never stop enlightening us. For the record I would be a happy investor if the SP gets to around 8p as that is what I need to break even , so much for being a de-ramper as you called me.

Yes, there is no income tax but they do have import tax which can be very high.

�11.44, you have been drinking way too much, you will notice nobody has even bothered to pick you up on it.

Regarding the BG creaming off I would imagine it will be done via tax the same as the UK do. As for the tax rate that is anybody's guess, some rates go as high as 80%, although surly they would not want to kill the goose that might be about to lay golden eggs.

On the subject of farm-in/JV there appears to have been no indication whether the ongoing discussions with a Major are for one field or all four Southern fields with the top end possibility of 28 billion barrels in those four. If it is just for the one and significant oil is found that gives BPC a very strong hand for future deals.

I could not agree more re Ironic.

Cant see this getting to 4p without further news, probably float between 2.5 and 3.5 till news comes to give another push.

I completely agree with your comment regarding the BG not including oil revenue in any budget talks. AT this moment there is no oil and any government will look at the fiscal budget only on the facts of what is available. The Bahamas are about to enter hurricane season so any JV/ farm-out would only be able to have everything in place for the beginning of 2019, this would probably mean no knowledge of quantities of oil till after next years budget.

I know you said at best but you also said in one field when surely the figure of between 11 and 28 billion barrels was for the total of the 4 southern fields.

You say BPC have at least 28 billion barrels of oil in one field, that's an almighty difference from the facts.

I have been in here through years of all the Sula crap and now we are into the African Battery Metals crap. My original investment is now peanuts and yes I am aware AIM is gamble, so I am intituled to an opinion and if that is negative.

The auger was pictured allegedly drill the core samples in February while some workers were having a picnic on the site. If the samples are just being sent to the lab this week then my question is how many miles did the go down for these samples as it has taken 4 months to obtain them.

Past history in dealing with the Bahamas Government should tell us not to expect quick answers to the EA application.