Member Info for GarryGraham

HS2 contract will turn this company around. It will pay off all the debt and Kier will be cash rich again. What ever the initial budgets are for HS2 add 20-30%. A project of this size will always be over budget and once the government have spent so much on it they cant turn back. The debt at the moment is holding Kier back but it will be long gone in the next 3-5 years. The SP is massively undervalued.

Expru 2000 - much-appreciated mate. Plenty to think about. Very informative.

Totally agree, Ross but its fun. Hey, who knows. I am going to stick with my 5.75p pre-drill and if the drill is successful I would estimate 25p-28p post drill. If Exxon come up it will go up again- max 36p. I think these figures are far more realistic.

I’ve been keeping an eye on this share but tbh Bpc has been taking all my attention. Any particular reason why Amigo continues to fall. I know they have had major problems with pay back and board issues but can anyone up date me if any chance of a bounce back here. Thanks and GLA

Jim TheKnow/ Starfish et al. I don't know why you bother getting into personal spats with Irene Krapp. You must surely know what is going to come from his/her posts on this BB by now. Just ignore. If IK wants to post then fine let her/him. No point replying as it's always the same message. Personally, I think Krapp feeds on it and just enjoys the attention. Your posts are always well researched and informative and balanced whilst Krapps comments are just one way and always negative. I dont see any compromise in IK Posts and most importantly would give them much more validation if they were more balanced but this is never going to be the case. Only my point of view GLA. Have a great weekend.

Hi Ross, I think your strategy of a major price hike in the SP based on momentum and excitement maybe need to be reviewed. We have less than 6 weeks to go and we are pretty much at the same mark. Trust me I dont say it in glee, I for one expected a higher move by now. I cant understand the reasoning for those selling the stock at this late date but then again we live in a strange world at the moment. This is primed to rocket but just when we expect it to take off the burners quickly extinguish.

I imagine they have tons of contracts but who is there to pick up the reigns if either of them go ill or leave? Sorry should have said CONTACTS not CONTRACTS. Typo. Hopefully, they have got plenty of contracts !

Share Investment: Yes agree with your comments re the exit strategy. I do think this is an exciting project but I try to evaluate from all sides and I dont want to sound negative I am just trying to allay my fears of investing. One of my concerns is the senior management underneath the two directors. Effectively the company currently comprises two very experienced Oil CEOs's, a lawyer, and an accountant. The lawyer and the accountant are probably on a consultancy basis as I very much doubt they will be working full time for Advance at this stage. So we have Mark Rollins and Lesley Peterkin running the company. I imagine they have tons of contracts but who is there to pick up the reigns if either of them go ill or leave? The board does not seem to have much strength to it or senior management underneath or at least it does not show that on the company website. I would have imagined a commercial director pushing the new company along would be a great idea or even a non exec on the board showing this on the website. I just fear Advance Energy is Mark and Lesley and that is it. I appreciate it is very new. The company website needs dramatically improving as well. It does not define what the company actually does or its message, it is very poor in design and looks like some student has developed in his first year of Uni . One other thing on linked in the profile for Leslie Peterkin
Director at Petroleum Insights Sàrl - No mention of Advance Energy.
This is poor ! I appreciate these two guys with qualifications coming out of their ears probably look at the above as insignificant and to be honest they are correct at this stage but it is all about presence at this level and what businesses perceive you to be not actually what you are in some cases.

I dont see how they can increase the share issue can increase as there a 1.5bn shares in issue as it is. Its a simple case of seeing what happens and if contract materialise. Really this is a start up business in all essence as I see it albeit with fantastically qualified directors with years of industry no how and experience. As I see it the canvas is blank. Its a very high risk share but then again at 0.23p per share the gain could be massive if the company can prosper and gain the contracts. It appears to be very niche as well and I like niche. The questions I have is why would these fantastically successful directors be bothered to set up a PLC at their time of life as they are no spring chickens and I cant imagine them being short of the cash. Secondly, what is their exit strategy

Hi Jim, I was just merely pointing out an observation on how the need for oil will I think increase substantially next year, in a post covid world. I know it doesnt affect the drill in December. Merely out a point of interest, if all the stars align and predicted commercial oil levels are found what is your estimate of the SP on the result of this news. Just intrigued that's all.

I know oil is low in November 2021 but look at it like this. What is this world going to be like in 2021? Basically, everyone on the planet has been locked in or locked down in 2020. No one has literally moved. The analogy I use is a pressure cooker. At the moment it is very slightly simmering but come 2021 the whole world will be moving again at 3 times the pace. Aircraft will be flying non stop, cars will be on the roads again and factories will be at twice the production. This covid lockdown will only go on as long as the populace allows it. The world governments know it. 2021 will be far different from 2020. Oil prices will surge upwards and with ever-decreasing reserves, BPC will be a highly valued share providing we can find considerable oil reserves in the Caribbean that can be successfully recovered. If this is the case this share price is substantially undervalued.

share investment - Many thanks pal

I’m completely new to this company but was very impressed by the recent interview. My question is this. Am I correct in assuming that Advance Energy business model is to offer a specialised management consultancy to the O&G industry whereby they increase profits on projects by their expertise and experience . Just getting my head round the basics as I am a total newbie to Advance

Very positive interview with Potter and Uliel. They both appear quietly very confident especially about the P1 drill. Nothing in the interview that raised any alarms and maybe plenty of upturns. We are in very exciting times. Counting down the days now. Have a great weekend all.

CHESH : All the best (I fink Malcy dropped a pie on his keyboard, and hence the technical issues...................... :() - genuinely funny.
Admittedly, I have given the company a fair bit of stick recently due to their poor communication but like everyone on this board I am invested in BPC and I really want this story to be successful. Apologies If I sometimes go OTT at the time its bourn out of frustration nothing else. I am fairly new to this share and all my other investments the communication is a lot different and better. Lets hope we are all celebrating shortly.

Share price falls 7% today for no apparent reason. RNS tomorrow at 8am stating that due to the coronavirus crisis the drill has been postponed followed by Potter and Uliel on some paid vlog making excuses again whilst the share price falls to 1.75p by close of play tomorrow. Dont bet against it.

JBT 2007 - It doesnt really matter if I know the first thing about BPC nor does it matter if you know everything there is to know about BPC. What matters is
1. It is communicated that the Stena Icemax is on its way to drill for oil and everything is in place unequivocably.
2. That it is a successful drill that matches the expectations of 750m - 1.3billion barrels of recoverable commercial oil in Perseverance 1.
That is all that matters nothing, you and I are but tiny pawns in this game my friend.
GG.

Sorry couldnt resist this one.
Timeline :
1996 - Set up company with a view to discovering, exploring and recovering up to a billion of barrels of oil in the Bahamas by oil experts.
1996 - March 2020 - Issue 4 billion shares to pay for the drilling to see if there is oil, sign up to all sorts of loan notes and guarantees on the basis of a future successful drill. Pay for thousands of pounds worth of advertising and promoting the Bahamas oil fields as the greatest oil discovery of the 21st century by an oil and gas champion from a company that has not recovered one drop of commercial saleable oil in almost twenty years or has experience or success in doing so.
March 2020 - Cancel drilling due to covid 19 epidemic.
August 2020 - Buy a struggling oil company and its assets on the pretext that it can have a stake in the next great major oil discovery and leverage its minimal assets or have as a backstop in case the bahamas drill is a total duster.
September 2020 - Issue yet even more shares.
October 27th - Share price still at 2.45p with less than 6 weeks to the drill and struggling to rise any higher. No news from the company or the drill ship company. Covid 19 increasing around the world at a staggering rate.
Dont bet against this drill being delayed again !
And you wonder why the SP is not rising.
Nobody on these BB has ever considered the following :
1. The share price may not rise. The markets may not be interested in this share or more probable just have no faith in this company . The price of the share may still be around this mark come mid December.
2. The drill may be postponed or cancelled due to covid 19 or "other issues ".
3. The drill may be a duster.

Ultimately its a case in trust of the Board of Directors and senior management. As shareholders of course we have faith in Potter, Schraeder and co but that is not to say the markets have and any betting strategy of hoping the SP rises prior to the drill and selling pre drill may be taken out of our hands.

I for one hope to be proved totally wrong but dont discount any of the above.
GG

Vaccines usually take years to develop and to be cleared. Even the most optimistic are saying next summer at the very earliest. I would be amazed if there was a covid 19 vaccine in production by then. The lawsuits if the vaccine has any side affects and the amount of human trialing will take months. This and the general consensus that it is the over 55's that mainly "cruise" and this age group will be very very cautious about jumping on a ship with thousands over other passengers, I can only see this SP going south over the next few months. How much cash Carnival has is no one knows but they are burning it fast. I genuinely think the SP will go to the £8.00 region by December.

I apologize profusely to anyone I have offended for any opinion or comment I have posted on here. In the future, I will keep my opinions to myself. and will not post any further comments. I have tried to delete the reply from BPC several times and i am happy for LSE to remove the post, but I am struggling to do this and I have tried to remove it. I look forward to the company having a very successful Oil drill in December and January and sharing in the success with everyone else as a shareholder. Thank you to Tara from BPC for her reply on Sunday and good luck to you all.