Member Info for Interestking

Ooh ya ***** Keith but quite right I prob fed in ..... etc etc.
To be honest the numbers I worked several months ago apres Moyes etc came out with the numbers folks correctly stated after my erroneous post.
My opinion is that we will see a quid at some point but farmin in to spud will see 30-6p spread.
GLA.

Sorry folks damn decimal points!!
Quite right, my new calculator - which has just gone in the bin - lead me up the garden path.

All of you subsequent posts are more like it.
GLA.

1.6bn boo (min-Moyes) x $30 ($40 expense/$70 oil price) x 25% (farmin deal%) divide by no. Shares in issue (1.6bn.)

= approx 0.058p per share - where are approx.

Top end estimates: 28bn bol = 100p per share approx.

Anything else is pure guess work.
GLA.

Degsy whilst you are repetitive you provide good expeditious info - thank you and keep going please.

Data room with 3D seismics has been open for years not months - major will be satisfied in order to sign exclusivity.

Whilst it is nice to be made aware of MATD - This is BPC’s B.B. please chat away on their board not ours.
GLA.

IMO
The deal will take as long as it takes:
Oil majors and Macquarie are top negotiators and can play hard ball.
If we assume a mid point potential of 14 billion barrels (1/2 of max 28billion - Moyes) and $30 profit per barrel (most pros estimate $40 extraction costs including Shell).
Then each 1% of negotiated deal is worth $4,200,000,000.
Worth spending a bit of negotiating time @ $250,000 per Month?

Are you a novice in business or a de-ramper?
This deal will turn out to be one of the biggest in history and you want it done in a few weeks.
Come on!

IMO
Nothing has changed:
BPC had to issue a statement due to extraordinary share activity. To not do so would be almost an admission that the exclusivity agreement had been breached in terms of confidentiality.
There may be leaks out there as we all know it is difficult to keep this size of deal quiet.
N.B. Sainsbury CEO singing on air we’re in the money (lol).
MMS are having a field day here and inexperienced folks are getting burned.
Again - nothing has changed.
I also repeat my earlier post - imo the BG is taking its time to announce news to show aggressive dd and governance over such a political issue.
GLA.

Par there is a third reason and that is BG wanting to prove good governance and due diligence by extensively reviewing the EIA.
Probably the reason for delay imo.
GLA.

It’s Shell.

Can I have some of whatever you’re smoking please?

Straws etc not at all - been in for 10 years and also done several billion $deals in my career and rich people do take summer holidays into account - bit like politicians.

Usual constructive commentary from you - who was a naysayer @0.9p!

Just a thought guys and I know some will think I’m crazy for thinking this-BUT might the negotiators want the deal done before the school summer vacations?
Couple of weeks for private schools.
GLA

Exactly mon ami.
We are off to the races imo.
Anybody’s guess cob Friday.
GLA.

Sunday I think you are right and the MMS are actually short of stock at the mom.
We may see a spike higher b4COB today.

See what I meant?

IMO mon ami!

Hey guys super speculation here but what the heck.
3.2p just happens to be approx market cap @ 50 mill for BPC.
If above then Institutional investors can buy.
This should be a multiple higher based on current news and historic price moves- personally I think this should be 16 p now.
Someone is keeping the lid on it for whatever reason - my guess is Shell who bought at 0.90 p months ago and is now “moderating” the share price - just imo.
GLA.

Mate thks VM for that info. Real news is always appreciated - cheers!
GLA.

JM - about as good a summation as seen re this situation.
In short: Bahamas is either a dead duck or a golden goose.
They HAVE to go for it - no option!
GLA.