Member Info for dpend

I was thinking the same Dutch, it would make sense to do that and whip up further interest in the opportunity

big nose.....

Its like the Opening scene from The Life of Brian.....:-)

1p placing...that would go down well with the locals who have just bought in to the MF @ 2p......

On the way back up

NASSAU, BAHAMAS – Leno Corporate Services Limited has extended the initial offering period for the Bahamas Petroleum Company (BPC) Investment Fund until Wednesday.

The fund was established for the purposes of enabling qualified Bahamian investors to share in the outcome of BPC’s oil exploration project to commence this year.

The initial offering period for the fund, which was scheduled to close at on February 7 has now has been extended until February 12, 2020.

Leno said it had applied the extension to accommodate the administrative processing of applications during the initial subscription period.

as a long term holder I was more than happy for a fund to be raised at a fixed size however what I am not happy with is an open ended amount being offered at discount....

ahh yes ....were probably meant to come in over the weekend to finish off but the Rum Punch got in the way....

3 days is a bit much to be catching up on paperwork....

10 February 2020

Bahamas Petroleum Company plc



("Bahamas Petroleum" or the "Company")



Bahamian Mutual Fund Update



On 6 January 2020, the Company advised of the launch of a Bahamian incorporated mutual fund (the "Fund"), established for the purposes of enabling qualified Bahamian investors to share in the outcome of the Company's project to explore for hydrocarbons in The Bahamas, should they so wish. The fund is being managed by Leno Corporate Services Limited ("Leno") under the terms of the Fund Investment Memorandum. A copy of the Fund Investment Memorandum can be found on Leno's website at www.lenobahamas.com.



At the request of Leno, an administrative extension of the initial subscription period of 3 days has been implemented which will now end at 17:00 EST on Wednesday 12th February 2020.

well what a damp squib that is......

We may get through 4p today, if we can that will be fantastic heading towards the weekend !

Its getting busy again this morning

Highly doubt it would be a “know no reason” the reason is quite obvious ,we are moving closer to spud , and the directors expect this rise, we are fully funded for the first well, just need to strike and then we can all smile as we sail off in to the sunset raising a glass to Mr Burns

Let’s face it guys we are on our own, any farm in will come after a successful strike, although this means we carry all the risk it will deliver greater rewards for those who hold their nerve, of course, there’s nothing wrong with top slicing on the run up to spud

My humble opinion is that this will be held back as much as possible until the MF is live, it’s a fantastic opportunity now there is a a modicum of certainty around the drill

GLA who have been here through the few up’s and many downs, and let’s try to keep it civil

Full price (or just over) still being paid

And a £00 sell brings it back down......so tricky this aim lark......

I believe These will be new shares on the market, there are still some options available that can be converted.. can’t they?

I agree with Spirite, its housekeeping, lets hope for rockets on the 5th !!