Member Info for DrPatience

Thanks, interesting.

Surely, it can soon be said openly that energy is of national security interest! Despite what village clown Milliband says!

All good we beef up production of weapons,

(https://www.theguardian.com/politics/2025/apr/21/britain-set-to-increase-weapons-production-to-avoid-relying-on-us-imports)

but without homegrown energy, we are totally exposed to the growing list of flimsy nations around the world. I am all for green energy, but we also need gas for years to come. Carbon footprint is also lower vs imported LNG. Not rocket science.

Seems US jumped on fake news. Incredibly volatile times!!

Unless the orange man pulls a rabbit out of his hat, we are in a covid style freefall! Is there even a bottom?

I don't see it right now!

Based on normal wisdom, shouldn't this stock be relatively defensive, but when everythings falls, nowhere to hide?

Divs good, I will prob just ride it out.

Rooster, I think you are right, we should treat events - past, current and future - with suspicion and under careful scrutiny. In particular, what happens next. Why joint administrators??

They must all smell fees, otherwise they would take zero interest. ONC seems to be operating, so we will soon see if dirty deals are made for the benefit of advisors, insiders and others...at the expense of small shareholders. Not the first time that has happened and it could be close to criminal.

You are prob right Latino!

Did you report this already / did anybody here report it? Any guidance on who to write to and how to pitch it without just sounding like someone who didn't appreciate if investing...would be much appreciated!!

FCA not reading this discussion, so clearly needs to be drawn to their attention.

Seems odd the towel was thrown in so quickly; when cash reportedly should have lasted until end of April or whatever. Feels fishy Alvarez&M wearing two hats. Maybe dirty deal will be made to take over and continue the company with same management and all us idiots wiped out. To be watched carefully.

The current directors should prob be banned from holding office.

Rooster, I suggest you write to FCA given your great insights built up over time.

It probably should be looked into!!

Hear hear!!

It's crunch time for him, the company and us little shareholders😃

Dumbo85, you are still on filter. Reading the comments from some of the other generally sensible guys, I gather you have gossiped about me. You know very little about me. Just FYI, I have a decent holding, currently worth close to nothing, but which has also cost me nothing due to the way I have bought and sold over time. If you got your timing wrong, that's just too bad. Would I prefer it becomes worth something a lot higher than the current sp: absolutely. Can it go bankrupt, yes absolutely. This is high risk at this point of time and a race against time. No two ways about it.

I 100% blame the political elite for this sh*tshow, not the company. Comrade Ed is a threat to UK national energy security, as simple as that.

Pang, I think you are spot on!!

I am surprised that Amanda Blanc (and others) has not resigned yet based on past rather "woke" views. I guess director remuneration talks more than principles :-)

Happy, he is not going to put it up for sale...

He has his fingers in the honey pot, why put himself out of a job? The same for the board. It needs an approach from Shell or similar, then shareholders can vote it through. Just my take. BP is a great company; it's really a leadership issue. I much prefer the Shell team.

Good advice Rooster!

Upomega, what in earth will a suspension achieve?! If people want to sell, let them sell. The big (voluntary) rinse...

SE18, yes BUT subject to not running out of cash. Also, for farmdown, that would need to be discounted, as the full value will not be retained by Delt. Huge upside still. The share is trading as if the company will go bankrupt. I feel it is not so likely, but it could go that way, hence the low share price. Not worth selling for sure. That's just my take.

I cannot see the large investors and High Net individuals not supporting this again. It's an unwanted delay, but the future prospects are very positive.

This update was very much overdue.

Laura, little point talking about the past events. Current CEO on much much less; only a small loan left and better pipeline than ever. It was a good reset. Recent falls = small holder panic. Perhaps a rinse one could say.

I cannot see the 20% shareholder and others letting this sink when it is so close to breakeven/a bright future. But hey, who knows?!

TheAccountant: yes more debt, but also more assets...bought a business for $7 bn. Good for the future in my view. I would have preferred a coal spin-off now, but it seems most big investors prefer to keep together.

Boracic, what a great idea!!

Even a partial farmdown to a US company creates leverage and could stop the Milliband clown circus!!

Why don't you write to the company?

Where is this going? nothing new to trigger a collapse in the sp and the volumes are clearly not from insiders.

Small investor panic? or market makers playing around?

Just wondering!

If there is peace in Ukraine, any hope of us getting our Russian assets back?

Does anybody remember how things were left?

Just wondering...

If there is peace in Ukraine, any hope of us getting our Russian assets back?

Does anybody remember how things were left?