Member Info for JConchy

If we get the expected discovery in March 2020 then shareholder value will be all the greater with the well being self funded , not shared with Farm In partner. Dilution and values are something a smart analyst should put some numbers on. I’m thinking 30p for starters.

I don’t understand why we are not drilling by now.

I too would like to be excited. But my expectations have been excessive for too long! I remain fully invested but dare not add to my holding !

These shares are bobbing about near 10 year lows and people are getting excited. I don’t understand!

The share price movements yesterday and today hardly suggest the market takes Bizzell Capital and yesterday’s announcement seriously. Eg BPC are still in some kind of a deep hole.

Why fund half a well?

Surely the BoD should set out info that gives a guide for the future? Since the exclusive was ended there has been no accurate info. Rumours maybe. What was said to the placing subscribers? Why can BPC never deliver?

It’s hard to retain confidence when we have no idea what the BoD are up to. If the political stance is now settled why no deal announced yet?

It must be time for BPC to explain why things have not gone to plan. This is a train wreck but no one is prepared to face up to the consequences.

All we know is BPC are in danger of missing the boat if they don’t close a Farm out soon. They may be close to it but ere a slip between cup & lip. The share price suggests no deal is more likely than any deal. Sad story. And none of us know why.

The news in the RNS was quite negative. Such a restatement of the failures to date this last year. The capital raise was needed to extend the runway as a result of no meaningful talks with anyone after the end of exclusivity .

I thought the group stuff a complete joke.

BPC raised the money because they needed to spin this out. Shareholders as usual get told nothing of consequence.

But some people in the company and advisers know it all and have chosen to never say nothing.

Without evidence to the contrary we can only assume BPC will not get a deal or it is being manipulated in the interest of those with the power to do so. One thing is sure - the true situation is being kept secret. Only those with something to hide would play such a game to hide their dark secrets. What do others think?

It’s amazing we have had no real news yet on the Farm Out. The long , protracted delay is killing me. The moment we know if we are going somewhere it’s lift off.

It’s time we were told why BPC has not done a deal!

The latest capital raise was a clear sign that no deal was close. And just as bad still uncertain or subject to significant risk .

MQ, BPC and the Major must be working to get the deal finalised ASAP because it could all be leaked any minute by people in Nassau who are in the know. As you know drones in Bahamas have to be licences now so no peeking through the windows at Caves Village. We will have to be given timetable if Potters contract extension is announced ....... eg within 2 weeks??

Potter’s contract expires on 31 March 2019 eg 2 weeks. .

Someone has heard there will be no news any time soon.