Member Info for dpend

it wouldn't surprise me if the BOD got their figures wrong and they have actually decreased further.....;-)

I stand correct Irene , Gives the BOD life after Percy

I am a LTH here, over the last few months my confidence in the BOD's has waned, I get the CERP deal, that gives us life after Percy, what I don't get is why do a fund raise now for a trifling amount, keeping in mind Percy has been fully funded for quite some time now, (or so we have been told on many many occasions) as far as I can see the funds raised this time around are for the long term (18months) development of ex cerp assets. If the BOD were so confident of Percy then why not wait until the results come in, or we get closer to results time when the SP would or should have been much higher , then we could have done a fund raise on our terms, not with what is akin to a "payday loan"

all my own humble opinion , ready to be shot down by anyone who can put a shine on this current sh*t show

Scar , they haven’t got that cash, or won’t have, P1 is costing $35m , overhead from 2019 to date takes up at least $6m, whatever they have spent on cerp assets ( developing them) and potter slush fund takes up about $10m

Regardless of what they say this is still a binary share, only now we don’t get the chance of a rise both in to the spud and then in to results, no disrespect to you ex cerp holders but I would have preferred it if we had not took on the extra baggage of T&T , raised enough for our drill (which we were told many times we had done) and hit or miss the black stuff, even a farm out would have given shareholders a better return on the sp, never mind the smoke and mirrors he is spouting now about less dilution than a farm, he has decimated the share price

Remember these moments at the AGM when voting on remuneration and bonuses......

It’s going to be toss of a coin I’m afraid, regardless of what everyone says about funding etc etc, the negotiating skills are terrible, it smacks of panic funding, I am sticking with it, I just hope now we are fully fully fully fully funded .........

Final shake of the tree?

If there are rampers on this board they ain’t much good,......

Wotitsworth, you are correct the threshold is 3% but thereafter any movement through a % point, I.e from 7% to 6.5% that’s how I believe it anyway

There's probably a few decent sized investors on the side lines, watching this chat board noticing that there's a nervousness from coming from the small investors that's making some of the weak throw in the towel at a loss, and the big boys are hoovering up cheap shares, feeding on fear

Interesting

That maybe so about the Germans , they didn’t manage to take the island though

The gift that keeps on giving.....I mean taking.....

When he said "fully funded" and "watch this space" he looked at the camera and in his eyes you could tell he meant "I'm going to rinse you biatchis"......

Quick, get to the Isle of Man it’s raining BPC shares !

Morning everyone, we finally got there, its been a long long slog, lots of false dawns but we made it, well done to all those who kept the faith, we all had a moan at some point, and quite rightly to, but we got there eventually, onwards and upwards

so ETA is 1100hrs on the 19th, question for you drilling experts out there, how long to prepare for drill? and when is it likely to begin?

just about sums BPC up, Drill ship heads north and sp heads south......

Findme, other oiliers I have been invested in have released an RNS to confirm spud, so I don't see this being much different, .....I may be wrong, after all this is BPC