Member Info for GarryGraham

Cars, bespoke, thank you very much for your reply. It is very much appreciated. Lets hope they dont screw us over and have genuinely found the oil. Like you say it would be commercial suicide if they had not and may have other implications for them personally.

Cars - Good morning Sir, please could you outline the implications for BPC in your opinion on the latest funding requests in the event that P1 is a total duster. I am just weighing up whether to top up or not. I respect your opinion and you have a far greater knowledge of the financial side of things in relation to the funding and dilution than I do. Many thanks and stay safe GG.

Hi Laalee - thanks for that mate. I have just tried to join again. Hopefully it will be successful.

Ollie239 - Im in to the end game. There is no other way round it mate. Listen I say it as I see it. If I think the BOD has done something in the interest of Private investors I will compliment them and if not I will criticise them. I have good chunk of cash in here as do a few pals of mine. I just think the BOD are very slippery. No point dressing it up any other way. I want to be wrong and this sky rocket of course I do. Best of luck to us all.

stevenwest - " An SP of 2p at spud?! What a disgrace". Totally agree with you. Whatever way the BOD spins it and whatever strategy they have the market isn't buying it, hence the 2p. We are a couple of weeks away from the results of a potential 1bn barrel find and this share price stagnates at 2p, repeat 2p. It's a dog! Everything is down to the market cap and share price and this share is almost worthless. We know it's a risky share but the reason it is not moving north is singular because of the BOD's strategy - nothing else. I very much look forward to being proven wrong but I remain to be convinced by the BOD. Tony Robbins looks like the new boy in the marketing department compared to Potter, Uliel, and Koot. This gang are nothing but masters at selling dreams with other people's money.

Thanks, Linton. Im certainly no tree hugger but understand totally mate. If we hit bigtime would like an invite then so we can organise a ****up somewhere.

Tried to join the BPC facebook shareholders group but no reply. Anyone on here administrating it ?

Findme - basically sums it up in a nutshell. One difference maybe is that we really dont know what the market will do if BPC find quantities to the top end of their expectations ( 1.4bn ). Sentiment is quite low amongst individual private investors due to the low SP and the dilution. Apart from a very few canny investors like ZagEgypt most of us will be probably looking at red on our platforms at the moment. If a tidal wave of positive sentiment came in and stars aligned the SP's being touted on here could be understated. All the balls are very much in the air at the moment. Lets hope they fall kindly for all invested in this rollercoaster ride.

Ross: We understand your points that but you are becoming tedious with your profound negativity. I think I can recollect you aiming to top slice and go on a free carry as we all wanted to do, but due to dilution, there has been no free carry. If it's black gold no one goes cold or if its just dust we all probably go bust.
Just suck it up buttercup. As Khaldoon Al Mubarak Chairman of my beloved Man City said to all City fans when we appointed Pep Guardiola - enjoy the ride over the next couple of weeks. Its going to be bumpy and exciting one way or another

Some nice big buys 100k but some big sells of the same amount. It still looks like the shares are still being dumped but the big buys are getting bigger with more value. Such a difficult call. Not felt like this since 13th May 2012 and will feel the same if this share price rockets North soon. It will definitely be another Aguerooooooooooooooooooo moment.

Hi Ross, If you are going to add posts here that are strong forceful counter-arguments that are full of research that others are not aware of then great, everybody welcomes it but you are just being general in your negativity. It's constant and with respect without much content.

Cars coffee - I can only go on broker predictions and your figures are low. Granted these broker ratings were pre recent dilution. I think if we did find between 750m barrels I think the sp would jump to around 30p and anything over 1.4 bn I would expect it to be north of 0.60 on the proviso that the court rulings are over.

Star - excellent well-researched post always. We are all chomping at the bit for a heads up or any signs off success. Reviewing the trades on Friday I noticed a different pattern to the previous days. Suddenly the dumping of thousands of shares from Lombard seems to have stopped. On Friday apart from two trades, there was very little selling of BPC share. Secondly, there was some very chunky buys. Whether this is due to the low SP and people taking a "punt" or interestingly, the word getting out from the data room or the boat in some way and friends or relatives buying shares which is so easily done. This could be a possibility. There was a trade for over £100k and other meaty trades starting from 12pm and progressing later in the afternoon. Amounts that a small private investor would buy in values of £10k - £30k. The £100k trade is very interesting. Admittedly, I am second-guessing and its all conjecture but trading patterns could determine a lot. Lets hope its good news. I will be amazed if BPC can keep the cat in the bag. Too many people with knowledge and its is so easy to pass info on in these digital days. GLA and stay safe - GG.

I'm buying in Monday - I think they have hit. I had read and re-read the RNS and reviewed the trades. I think they have struck oil but very recently and big. The cat will be out of the bag next week.

Jolly790 - So what are you saying ? Share price at 2.15 well into the drill. Share price falling virtually every day. BPC have found **** all but dust. I hope you are wrong my friend.

Its good to have you on the ground CarsCoffee.

The granting of the judicial review stinks, it is absolutely unbelievable and the whole case by Fred Smith is being financed by a few super-rich individuals who have little regard for the general well being of the majority of the population. The Bahamas had a national debt at $8.88 Billion ( pre-covid ) on a population of less than 400,00 and unemployment pre-covid at 14.4% (pre-covid). The national minimum wage is a paltry $5.25 an hour. Tourism the only real source of income has been at a total standstill for 12 months and I for one can't see cruises that are predominantly for over 65's turning up in their hundreds of thousands in the Bahamas fairly soon. Who in their right mind in their 70's would jump on a cruise liner full of thousands of elderly vulnerable people with this COVID virus even allowing for a vaccine in the foreseeable future. So the Bahamas can say goodbye to their main revenue stream for the next 3-5 years. The so-called environmentalists obtain a judicial review, well-done judge!
If they find oil are they actually going to let hundreds of millions, if not billions of oil revenue rest in their waters because a few superrich hoteliers and environmentalists don't like it. If they do the country will never progress. The Bahamas would be saying goodbye to billions of dollars in royalty revenues let alone thousands of jobs that would be created. I am seriously losing the will to live with these politicians and the judicial system. Can you imagine Margaret Thatcher in the 1970's saying no we don't want the North Sea Oil because we are worried that some of the oil might get on to the Scottish beaches or the Norwegian government who are now one of the richest countries in the world stating? "Leave it in the ground lads we can rely on the herring". If BPC finds an ocean of oil and Fred Smith wins, the Bahamas only have themselves to blame and deserved to be sued by BPC for hundreds of millions. Like I said you couldn't make this up. If there was a film about it no one would believe it.

Jono44 - If past performances are anything to go by they would hawk their own Grandmothers if it resulted in raising cash.

Seamus - I have shares in Amigo as I think you do but my stake in Amigo is only low at the moment but thinking of topping up soon. BPC and Amigo are not dissimilar risks. They are both very high risk very high reward. Hopefully one of the two will come to the party. BPC have spent over £100m on research on the chances of success and Leo Koot has affectively handed his company over to BPC free of charge as he believes there are huge potentials with the P1 drill. Leo Koot is no fool trust me ( well I hope so) and I dont think Potter is either. Could BPC hit dust - of course they could. Could they dilute further - of course they could. Could the environMENTALISTS win or cause enough disruption to deter a major buying in, yes they could but unlikely. Is there a chance Amigo will drown under the claim companies and not be able to lend again. Yes there is but again I feel unlikely. Like I said its a risky bet with a few hurdles to jump over but BPC ARE drilling and providing the court case gets thrown out you could be sitting very pretty in 5 weeks all being well. Lets hope both shares do well mate. Best of luck for 2021.

Joatman, Appreciate your comments and knowledge and experience. May I ask you as someone who has extensive experience of working in oil consultancy for an extensive number of years, what are your opinions on this exploratory drill and what is the main concensus of opinion upon your peers regarding this wildcat drill. I am intrigued as to what the general concensus of opinion is for those who are qualified to answer think of the drill at P1 and the chance of success. Is it discussed much ?