Bounce incoming24 Oct 2021 21:10
Be looking at the bigger picture over the weekend including Covid situation in Romania. Not too concerned about Romanian Covid restrictions as they seem prudent: wearing masks; curfew after 10 PM, proof of vaccine to get entrance into facilities. Can't see how this is a big issue regarding BP. Romanians still have to put food on the table. They don't have the kind of financial buffers we have in the UK. There's no way the government will go around waving their big steak closing down businesses, because if they do the already fragile Romanian economy will be crippled. The government have to show some leadership and take what precautions they can. This is about balancing the risk of Covid with the economy; the economy will come first.
With the new mining plan actioned, BP will show progress and confidence to return on the next RNS, IMHO
If there is any dip tomorrow I will buy more shares. If not I will hold for the bounce.
Scaremongering tactics = time to buy.
GLA