Member Info for Glide

@svs … Asinine? In the circumstances where the BOD are asking for more money from PIs, it is surely very relevant that we discuss their management record surely? The response to the OO is telling.

My 2 million top up at 14:02 showing as a sell.

@DuderinoDuderson, how did you manage to buy Sun Hydrogen - I mean from what source? I have been trying for about 18 months to get some to no avail.

Did Cerp save BPC? Surely any money spent on the Cerp Merger would have been available to use to complete the P1 drill to Target Depth, which 'may' have been very successful. That is why I invested, not to diversify into the Other Licenses in other countries and to Merge with Cerp.
In what way has it saved us LT BPC holders? I am sitting on more or less total loss anyway and that's gonna be diluted soon too.

Yep, not unusual at all in these circumstances to put some one in place to advise or manage and oversee transition. No need to keep that person on past their raison d’etre.

@thebhoys, totally agree with you. Starchild has definitely found a way to miss my mood with his posts. I am 90% down on this dog, my own fault for listening to the fully funded for a drill message back in early 2020. But I didn’t know then that we would spend money on new licenses outside of Bahamas and merge with Cerp in order to get access to better/more favourable loans. Ha Ha to that plan.
Feel sorry for ex cerp holders.
BPC has debts from P1 even though it was fully fully funded that they now need to pay off.
This company has been, in my opinion as a share holder, mismanaged and the guys responsible are still there.

Hobson’s choice surely? Take the crumbs or have nothing?

Hopefully it will leave the company fully fully fully funded for a year!

This whole saga has been a massive learning curve, glad I can afford my losses. Feel sorry for those that got badly burned.

@Waccamacca - That does appear to be a rather important question. Waiting to find that out myself.

@Private_Investor, Thown = Thy Own or in modern language Your, or is it You're or Yore
:-)

@Mannnan - when was Dev Clever first listed on the the LSE?

Dev was an infant 2 years ago, BPC has gone from riches to rags - in 10 or so years.
But as you know I wasn't comparing the two with my initial post. I was saying I basically had to have a real winner such as Dev or my whole portfolio would be under water because of the massive share price collapse of BPC.

All the positive talk of the fully fully fully funded Percy1, couldn't withstand the loss of some mechanical kit down the whole. Nor did the Cerp addition supply the cheaper money access that it was supposed too.
I was wavering when the Fully Funded drill that was supposed to happen in early 2020 didn't. Then we had round after round of fund raising to get some more fully fully funded for the P1 drill.
I fell for the Fully Fully Fully funded line to mean "we have enough cash to drill to our target depth even if we have the expected drill difficulties" so my fault for taking the hook , line and rod.

Thank the lord I put money in DEV last year, otherwise this dog would have sunk me without a trace.

@Oilworker1. It’s a hold because it’s not worth selling the relatively miserly value we hold now.

Is it just me or are the RNS forms written to be the opposite of plain English?

oops
drill deep - not drill peep

@Tiburn - that "lets stop as the pressure is a problem" scenario that you describe.
Is that really feasible, that we hire the IceMax one of the most modern drilling ships, fully equipped to do exploration wells, but for some reason not equipped enough to drill into an oil reservoir because "pressure was building"?

That doesn't make sense to me, surely that was the reason for choosing a ship like the IceMax, because it is supposed to be equipped to drill peep wells where pressure will rise.

Realism79 - What on earth makes you think that this share is going to go Bonkers tomorrow. Rampety Ramp

What does moving into Bitcoin mean? What are this board going to do in any way that relates to crypto assets?

Think that’s being a bit literal, Tiburn.
But we will certainly see over the coming months if the results of P1 make for interest from the big guys

Notice of Final Results and Capital Markets Event



Dev Clever (LSE: DEV intends to announce its final results for the year ended 31 October 2020 on Monday, 29 March 2021.

Following the results announcement, there will be a virtual capital markets event hosted by CEO Chris Jeffries, for analysts and investors at 09:30am on 06 April 2021 to discuss the Company's growth strategy and future prospects.

Please contact Buchanan at devclever@buchanan.uk.com if you would like to receive the details.