Member Info for Investinvalue

Simon Potter, Chief Executive Officer of Bahamas Petroleum Company, said:

"The confirmation from the Government of The Bahamas that the current term of our four southern licences extends to 31 December 2020 provides the Company with a certainty of tenure over the Company's licences, replacing any perceived "above ground" issues with complete clarity in fact and law. This position has been arrived at following extensive government consultation and whilst this has taken the Company a while to establish, there is now a very clear two-year window to advance plans for and to drill an exploratory well providing certainty to potential partners as we move forward in our farm-out discussions. Today's news will add considerable impetus to this process. BPC's focus remains singular: to implement an exploratory well on its highly prospective assets in The Bahamas to the benefit of shareholders and the people of The Bahamas. We are encouraged by the support the Government has shown throughout this process, thank them for it and look forward to updating shareholders on further progress when appropriate."

This is really about to rocket. Load up and get ready for multibagger here. First well or deal with a major this year...? Which is most likely? They must drill and farm in with a major for first well will send this in to double figures.

2.20p and still moving. I can see returns to 6p in short term

BOOM!

well said Joey!!!
8p please!!!

well done those who continued to buy sub 1.25

just under 50000 shares

Think you will find that my target SP was not triggered. I have however bought a significant amount more! You keep holding your 100 shares lad.

30p is me being quite reserved I think this will hit 40p+ in the very near term. Get in now!

Expect this to recover to 30p+ after todays divi has been paid and reinvested by many. UP SHE GOES!!

Any news on the current FCA investigation? Any insight would be most useful.

Hey Thom,

I too noticed this in IC and have an interest in investing. I think a sharp rise from Monday after presentation with ii's

Are you also in here buddy?

Hey Tom,

what would be the reason to go below the 20%?

KR
INVEST

This sharp spike again is the MMs about to lock more in and drop again. FCA investigation in place and I really hope nobody loses any money.

always one t##t on a bb. fool. My holding is over 570,000 shares. ALWAYS ONE!

News was posted here the other day. Cracking post. Will have to find it. But sentiment has changed...shorters must be closing positions and looking good.

If it dips under 17p its ridiculously cheap!

This is so undervalued its unreal. I am going to double my holding today. Look out for a big buy!

How low can she go? No lower than 15p surely??