Member Info for GarryGraham

Sharescare. I am staying pal. I and a load of pals have thrown a good chunk of change at this and we are all into the final results. GLA

Prospect - hope you are right mate. I just think someone needs to buy Potter a watch if we hit the black gold because his sense of timing is **** poor to say the least.

When Directors of even Non-execs "leave", invariably they are always kept on to act in a consultancy business. It very very rarely happens that they are not. It is just terminology simple as that. I very much doubt Leo Koot will go anywhere near BPC in the future let alone do "consultancy work". Old LK probably wants to put as much distance as he can between now and the RNS issuing results. I would not be surprised if he has Big Si's number permanently blocked. I think it stinks Leo Koot leaving now at this critical and crucial point. Why would he, as he effectively gave his company to Potter & Co for nothing. If BPC had hit big on P1 he would have looked the hero of the hour to his former shareholders grabbing a nice piece of the pie on really what was a very much failed company with a SP worth virtually zero. I think he thought he had Potter stitched up like a kipper but having reaslised the big Aussie is not easily had over and P1 is woth jack he thought im out of here, I can't deal with this mob and dont want to be left on the P1 boat as it sinks into the Bahamas dust. I believe "Personal reasons" is a load of cobblers. The timing is awful yet again by Potter. I thought the Lombard funding timing was shocking halfway through the drill but the resignation of Leo Koot a week or so before the drill results beats even that. Finally, I would like to hear more from Chairman Schrader. Though on reflection there is almost certainly more chance of seeing Lord Lucan riding Shergar through the middle of Fred Smith's office than seeing or hearing of anything substantial than from Mr. Invisible himself. His contribution reminds me of Theresa May at the 2017 general election. Woeful and uninterested.

That last post I wrote wasnt easy to write and I take every word back if Potter, Uliel and Co come up with the goods but I can only speak from experience and my experience as a shareholder with a good chunk of his change in BPC has not been a pleasant one since July. Unless the board comes up with the goods I am starting to doubt the integrity of this board of directors. Nothing they have done since July has made me think otherwise. Very sad but very true and it pains me to write this. Time for Simon Potter, Eytan Uliel and the rest of the board of directors to step up to the plate and deliver the goods. Words are cheap, results are what we want.

Mike 56 - this is king of the dogpound for shares. BPC is a total dog. Its like being locked into a living soap opera in the small cap share world. If they made a film about this company no one would believe it. 1 billion barrels of oil and none of the countryfolk want it, local infamous QC wants to run a one man anti oil campaign . Country up to its eyes in debt and they are prepared to say fxxx off we dont want the money from the oil even though we havent got a pot to pxxx in. Millions of new shares issued every week despite the CEO confirming that the company is fully funded. The i ssuing of hundreds of millions of shares to their mates in the city at 2p a share half way through the drill ? The buying of a tin pot two bob oil company that no one had heard of and that was making jack **** in profits and then the former CEO of that company does a runner a week before the announcement of whether our company has found oil. Seriously, its drama after drama with BPC. The BOD has total disregard for its shareholders who supported them over the years. The markets must think this company is a joke but we are all priced in so there is no way to get out without taking a bit hit. What a soap opera. I really think Mr Potter and Mr Uliel should rename the company Bahamas Pantomine Company as this would be more appropriate. Its just a shame that the tickeholders have bought a ticket for a **** poor production and an awful cast of characters.

Bill Schrader, Chairman of BPC said:

"Leo has made a valued contribution to the Board of BPC since he joined on completion of the merger with Columbus, and we are sad that his personal circumstances require his resignation at this exciting time for our Company."

Blimey Bill Schrader our Chairman has honoured us with a statement. Last time we heard from him Tony Blair was still Prime Minister. That statement will probably justify his salary alone.

I dont like the fact Leo Koot resigning. This is NOT a good sign. Why would a director resign a few days before a presentation and 10 days before drill announcement. He has a big stake in BPC as well and said to his CERP shareholders he would never leave them. Dont like this.

What do other investors think of today's judgment? Surely, a very positive result for the company. Does anyone think Fred Smith will be able to raise sufficient funds?

This is A DOG of a share. Always one step forward and three steps back. Where was all the optimism from yesterday gone ? Had enough of BPC. I dont know why I even bother following it. It is nothing but depressing.

Trade buy at £185000 and another buy at £94000 - why would someone pump these amounts in without any knowledge whatsoever. These are big amounts of money? Are these single trades ?

Sorry meant to say she was a big critic of Joe Biden

Karmela Harris is COMPLETELY unprepared for Vice President let alone President. Harris and Biden used to be political enemies and she was a big critic of her. He needed a running partner who was preferably a lot younger, attractive, charasmatic of colour and female. She fitted the bill. All substance no content. I very much doubt Biden will see out his presidency. Harris is pushing the green economy. It wont work. Trump for all his faults was a pragmatist and a realist and he knew we need oil and lots of it.

I have read Joe Bidens autobiographies. He is a truly amazing man and has suffered tremendous sadness and adversity in his life but has always fought back. The problem with this presidency is I believe he is simply too old. At 78 he is America's oldest president. I am of the opinion Harris the VP will be pushing for a greener America. Works well in theory and its a lovely idea but in practice it doesnt hold up. Biden will find out the hard way we need oil. Less production equals higher oil price . Once we are all back from Covid the world is going to be using so much energy and oil the price will rise dramatically. $80 a barrel is an amount I will predict within 12 months of all lockdowns dissapearing.

I really hope they find oil and sort out the dilution and funding. I have the odd moment of excitement but to be honest I think I have actually resigned myself to losing my shirt on this dog of a share. As for the Bahamians who dont want the oil, I ask you which country in their right mind would turn down billions in royalty payments and one wonders why the Bahamas is racked in eye-watering debt and has to take out loans to purchase covid injections.

Star - is only trying to be helpful here and is only surmising why the CEO of an oil company would issue a statement halfway through an exploration drill stating his support of a sovereign wealth fund to utilize national resources. I totally agree with his comments. He is not stating it is a fact nor is is he making any firm point merely a suggestion. I bought in again on Friday based on these comments. I cannot see why Potter would go out of his way to say this if we had found nothing but dust it is not logical. Star is a very genuine guy and an investor in BPC, his posts are well researched and he always adds the caveat that it is his own opinion and dyor.

Bynari, Great post. I think this article is the biggest indicator yet that the drill is proceeding and will be successful. Why would SImon Potter make a point of going out of his way if all they found was dust. Well done mate. What I cant get my head round is how tight the crew are and that no leaks have come out yet . Anyone working in the oil industry peraphs throw some light on this ? All the Best GG.

Everybody just sat in their seats on the rollercoaster ride called BPC. If you have bought a tickets expect the ride to start soon. I have a feeling Thursday could be interesting. Thursday seems the day BPC always release news. We'll be over 30 days into the drill by then. Either its going to get leaked out to the market and the SP will rise or fall on its arse even further in which case RNS will be released explaining why the SP has risen or fallen or they may release an RNS. I think we will have a good idea by the end of next week whether we have hit the black gold or we are sitting on a pile of dust. Good luck to my fellow investors. Stay safe everyone. GG

Great Research Star as always regarding the wealth fund, well done mate and stay safe.

Am I missing something ? Why has there been tons of buys with what looks like very few sells and the SP has fallen again. Peraphs, someone can enlighten me. All the very best GG.

18- 24p on 770 m barrels. Going up to 26p - 32p once the court case is settled in full.
32 - 37p on 1bn barrels . Going up to 39 - 45p once the court case is settled in full.
46 -53p on 1.4bn - 1.8bn barrels. Going up to 60 -70 p once the court case is settled in full.