Scancell founder says the company is ready to commercialise novel medicines to counteract cancer. Watch the video here.
most of what you say makes sense, but I would like to point out in relation to your last paragraph ( and this has been commented upon by LK during one of his interviews): given that the field is literally by the coast (you can see the beach), it would be very likely to strike a deal with an oil trader who would build a bit of infrastructure to pump oil onto a tanker. So that development cost can be easily avoided. Granted the trader would want to see that reflected in the oil price he pays. Main point being, I don't believe the development cost to be a major issue. All subject to proof that there is sufficient oil there.
agree. certainly not in the short term, which is what the BOD has said all along since "le mega-duster". It's on their corporate presentation as a long term project. Not sure why peeps want to conjure a story up about the Bahamas rising like a Phoenix from the flames any time soon, when even the BOD doesn't believe in it.
very sensible. I don't buy the farm in story either. The company has repeatedly said in various ways that the bahamas is now on the back burner (unless you plan a holiday there - nothing is going to happen any time soon).
And if you are part of the local government, assuming you see political gain in an offshore oil development project....why on earth would they agree to extend the licence to CEG? As a local government, again assuming you see political gain..., why on earth would you think that CEG is going to get the job done? Politicians want instant gratification...now think about how many years this company has had the licence and what they actually achieved with it....now ask yourself: would you rather hand the licence to another company or to CEG?
Think so too. Some here are a bit too nervous. I can only imagine what they were like watching the footie yesterday, lol.
The people reading things into the penultimate tweet, are probably the same ones consulting the bones for investment advice.
Hi Offerman,
Great to have you back here.
I don't disagree, but as you know we would need a much better deal on the Goudron assets to contemplate doing a deep dril there plus we would need authorisation to do so
Cheers
A bit dishonest that comment: if you have bothered to go back in time like you allude you have, you will have noticed these clowns never got anywhere near the SWP. LK managed to create a start at unlocking the opportunity there (it's really the only thing I give him credit for). So now with S2, S1 was not a production well as I am sure you very well know but to devious to acknowledge, the development of the SWP can start. Saffron, and this is just IMHO, is only a small part of the potential prize. But, as they say, time will tell. I would be surprised if the current clowns in charge will deliver, but pretty sure that when this asset lands somewhere decent, it will deliver significant value. D, you are really just as big a clown as Ritson et all. But, let's be clear: that is merely only ImHO. All must DYOR to make that assessment
*prove
Right now, "Trinidad tax credits alone ($85m gross/c$25m net) is approx. = BPC’s current MCAP". Given there is soooo much historical negative baggage on both the ex CERP/LGO side and the (soon to be) ex-BPC side, it's no wonder the market doesn't attach any value to the current assets and future plans. The BOD will have to proof itself, every step of the way and deliver on promises, stick to their words ("we're fully funded!" - haha) and show a path to profitable growth. And above all, be open with the shareholders. I have yet to hear anything convincing wrt to the above, and judging by the SP...I am not alone.