Member Info for deltalo

Someone's block buying £10 grands worth, and has done all week.

Someone in the know perhaps,
They are in talks with multiple major's so shell could be one.
We'll soon find out anyway.

This is primed to start moving north, make the most of the low sp and buy, I have and fully loaded. Atb

Zag, we're fully funded , 15m available cash, fully funded for the saffron and the Suriname drilling, you won't get a better price than this.
I take it you'll move on when the sp moves up then,
Atb anyway.
Now the oil prices have nearly doubled in the last 6 months the value should move this tiny mkcap upwards, we shall soon see.
1p+ by the end of the month, easily.

The Company currently has approximately $15 million of available cash (inclusive of the funds to be made available on 28 February 2021 under the Facility).

The immediate anticipated cost of planned activities in Trinidad and Tobago and Suriname in the balance of H1 2021 (in particular, the drilling of Saffron 2 and the WNZ appraisal well) is approximately $4 million. The timing of future operations in both Trinidad and Tobago and Suriname remains dependent on the speed of permitting approvals, and Covid-19 access constraints. The Company will update the market with regards to the detailed work programme and timing of operations in due course.

excellent information on the company you posted at 7.43am, I couldn't explain it better myself, if others want to sell, then there's many investors who will make good use of them.
I'm looking forward to the week's ahead.

Oil just under 70 dollars a barrel,
BPC expect 2500 bopd by the end of this year.
Over 60m revenue and that's without a farm-in,
No brainer here. Gla.
Buy and hold.

I'm expecting the so to at least move above 1p in the coming weeks, soon as we get the results from the saffron appraisal well, then we move to the development of up to 7 production Wells.
Thus will fly when that comes in, not to mention Suriname wells to begin.
Buy and hold as this will be bottom price now.

Brent crude at $64
So about 50-60 million.
https://oilprice.com/

Missed out the 0
0ver 50 million a year revenues from 2500 bopd.

Over a massive area, 4700 miles 3 million acres.
Vast areas to discover, and also fully funded, 2500 bopd is over 5m a year at current oil prices.
They're already in talks with a number of potential farm-in major's, so I expect some updates very shortly.
There's alot going on at the moment.

Soon as we get the go-ahead we're in the money and it's any day now.............
...............
Near term operational activity is now focussing on the Company's 2021 work programme in Trinidad and Tobago and Suriname, targeting exit production of c.2,500 bopd, and prospect maturation in Uruguay

o Saffron appraisal well due to begin in Q1 2021 which, subject to results, would see BPC seek approvals for field development with up to seven production wells to follow through 2021

o Suriname appraisal well and Extended Well Test in the Weg Naar Zee Block due to also begin in Q1 2021

Good luck elsewhere, I personally can only see this recovering as I can't see the bods being happy with the very low sp.
Keep an eye out as Q1 will see 7 new wells about to begin.
Good luck anyway.

4.15m buy, makes my 1m buy abit shy,

Well I'm in 5.5k worth, this will tank back up

Heavily diluted, why this moved above the 0.3 placing price is just down to novice trader's.
It was only a few months ago a placing was done and now a massive one.
A few weeks or months down the line and it'll be a mega one. Well that's the trend anyway.

And I'm confident it's going to be very encouraging news.
Also the drilling on the MJ will start shortly, weather permitting,
As Brian said that they have no doubts about the prospectivity and it's not the fact of not knowing what we have it's just getting at it with the restriction, or that there's no problem with the financing of the future programs.
We've identified a small rig that's suitable for the drilling of some of are veins without upgrading the road's.
So news is going to be very positive imho and it's all about to start.

I'm expecting some very positive news flow in the coming months, but first thing will be the update on the dore bar data and the plan for the gravity separating plant.
Soon as the plant is ordered we'll see things moving very quickly.
Next step is to move this to a commercial gold and silver producer.

Some large background buyer I expect, very strange MMs behaviour to keep the ask and the bid at the same price for so long.
Buy and hold

Half the shares capital voted, what a great result, now we can look forward to an excellent return on are investments.
Bring it on :-)

welldone to all who voted, we did it.