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Starsfish, did they confirm that Saffron 2 will commence by the end of this month. If not, what was the point of your call.
Fact
Solid revenues, semi conductor shortage.
I always buy the dip with this one.
More comments than trades. Nothing to see here. Nasdaq is currently the place to be.
Wow, another 180% to go
Star child, Good to see you are having a lie in. We all need a rest.
Hi Irene, forgive me for being curious. If you are invested, are you in category 1, 2 or 3 of your scale?
3. Bag holder.
If the other licences had not been acquired and BPC drilled PS1 deeper and still found no commercial quantities then we could well be looking at the company being wound up in the next few months. We would also be now reliant on the government to support BPC in renewing licences as our only lifeline. And nothing to look forward to except maybe PS2 at some time in the future at huge dilution cost.
Pole, the best time to buy is when poo is running in the streets. Fact.
Trinidad, Surinam, Uruguay, PS2, 87p party within 3 years.
Let’s be realistic and admit we don’t know what is going behind the scenes. Based on the available evidence, BPC faces a battle to survive. I’ve sold half my holding which is already working for me. I have accepted to write off the other half but have kept a toe in the water, in case there is an upside at some stage. Good luck all, don’t get too attached to any share, it’s a recipe for losing money.
Still in.
IreneKrapp, I noticed you didn’t troll from Monday which was gracious of you. Or maybe you knew you would get abuse. I see you are now back to business as usual.
If the CERP deal wasn’t done we would have been wiped out 2 weeks ago.
Zag, agreed. PS1 has made BPC take a big hit financially, but PS1 was what most of us invested for. A way forward is a slow recovery and clawing back income via Trinidad before we are in a position to try again at another big ticket project. But again, high risk, high reward or failure. A lot will depend on the board’s and shareholders appetite for risk.
As I understand it, the licences will be extended by 30 years in the event of a commercial find. As far as Bahamas goes we have one more throw of the dice, to drill another well by the end of 2022 to comply with the current stage in the agreement.
Fact:::::::::
Dead as a Dodo bounce then.