The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Some one came on here last week saying all the talk of billions of barrels of oil found was rubbish. At this point he advised us that there was some complications with the drill. See todays RNS he was spot on. Therefore my point is that it wasn't a tight drill as we thought and maybe we had our rose tinted glasses on.
Not much else to say other than thank you to all the posters who done lots of research.
Lets hope the SP recovers to a level where we can break even.
JB
That ThePole is now on the filter list! How annoying can one poster be by constantly writing fact on their posts!
Zag,
I’m not on the Facebook group and for some reason got blocked when I requested to join!
Would you be able to share with us LSE folks?
Are you in the telegram group?
JB
Ginge1497,
You can compare RKH drill with ours. It's like comparing apples to oranges.
2.04 finish.
Dip below 2.4 in the morning. Back up to 2.52 close. I base this on zero facts but following Rockets method of guessing ;)
More BPC shares
As we know the crew have currently just swapped over. Therefore operatives who were on the ship over Christmas are now at home. You would imagine if there was a early find or news it would probably leak soon....
Maybe one of the supply ships is taking a sample back to be tested!
As we know this is just an exploration well... If oil is found and is tested to be a commercial asset what happens next. Will we require further funding to produce it ourselves? Will we farm out?
Will majors want “IN” after seeing the rigmarole we are having with environmentalists just for this well.
Unfortunately until the next step is clear I think we will struggle to see double digits even with a large find.
Nice open group! I just tried to follow twice and they blocked me! Probably because I only have 2/3 Facebook friends as I set it up for Christmas to use messenger.
Merry New Year
JB
It’s called a sense of humour .... or are you one of these guys who just reads the first paragraph and automatically assumes I have wrote “misinformation”.
My answer includes the exact same words as your previous post. I suggest if your going to get along on this board you read full posts and not just want you want to read.
Thanks
JB
Hi Glide
CPR - cardiopulmonary resuscitation. It is an emergency life-saving procedure that is done when someone's breathing or heartbeat has stopped. This may happen after an electric shock, heart attack, or drowning.
Or when dealing with an A full cycle Caribbean and Atlantic margin focussed exploration and production business it’s a Competent persons report which we are awaiting for the CERP assets.
JB
I think this is going to be another day to just turn off the screen and come back at 16:30 and see what’s happened.
Hold & next week we’ll be 4p+ IMO
JB
Don’t remind me of the DES days!
I remember the Friday morning hi5’ing my boss at the time as we had 5 x our position. We didn’t take any profit at this point as RKH had success just down the road.
Monday morning came and the dream was over!
https://www.bbc.co.uk/news/business-11926419
That said I was also in BPC at the time. So this drill has been a long time coming.
GLA
JB
Crumbs.... Thanks for the link Spiritefan.
If 2020 couldn’t get worse!
Makes sense why the SP has dropped in the last couple of days.
I guess all we can do is keep our fingers crossed.
JB
Wow, what??
Where has this come from....