Member Info for Linton78

.... and Bully's special prize.... 4 billion barrels of oil.

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Poor coverage

https://www.geoexpro.com/articles/2019/09/promising-oil-and-gas-opportunities-in-the-caribbean

Tex - good post, fully agree with that.

They are very well placed to get a major onboard before the end of this year. With shareholders fully loaded after the open offer it could be a cracking 6 months ahead for all of us!

I can see your thinking but BPC strongly prefer a farm in partner. What they are not saying is why that is the case.

The fact that they aren’t testing seems to have been missed also? They won’t know flow rates or quality of any discovery, that’s not good at all for anyone. This will rumble on for another year or so even if they hit.

With a farm in partner we could squeeze in a second drill this year with the same rig, be funded for say $20-25m, it validates the seismic / technical case and there’s a good chance of getting the investment together for production. Net / net the share price would recognise this and give us a good market cap pre-drill.

What BPC haven’t said is that a major would be very useful if the drill runs into problems. They have the resources and know how to overcome issues. Drilling with a skeleton team is more risky and they will want to avoid that if possible.

Good luck at the racing Fatal.

I’ll look out for that programme tomorrow. I know the Chinese financed Baha Mar, not sure if that’s the hotel in question?

Have a lovely weekend. It’s company making time...

https://youtu.be/x1Q1JVIpTkw

I’ve managed to summarise today’s activity on this Board, ADVFN and the general chatter on the street in regards to BPC -

https://youtu.be/RBcHbxym6IQ

Nice one Charlie. Great spot. Thanks

Tex - I’m certain it was a buy at that price. We would be down if that was a sell.

The chap who bought in for £500k the other day is holding for drill results... he used to work on the rigs.

Hats off !! I thought I was crazy.

its showing 26.5 million BUY !!!

Volume just jumped from 20 odd to 47 million - must be a bumper delayed trade on its way ....

On the basis that the market is closed your holding overnight mate... :-)

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Hi Interestking - I think the CLN is bugging a few people and it really shouldn't at this stage. Probably the bigger question is how and when do they repay Bizzell? I'm guessing they will raise again pre-drill at a much higher share price and repay it in under 6 months.

Just looked at the Bizzell website, they do pay out on the CLN's and have just topped up an existing (CLN) position with an Australian Coal company for example.

Eytan & Steve Bizzell are ex-Arrow founders (sold out to the Chinese eventually).

Based upon the close links and track record of paying out there's a relatively high degree of confidence that they will fully support BPC.

The price shot up when everyone put Desmond Dekker on...