Member Info for Loz786

Mark - Quite possible and great opportunity to add imo.
We only have 6 weeks window left for Stens to confirm when they'll still either end of this year or Feb next year.

I expect accumulation around these levels, as downside is limited imo.
Just need Stena to confirm and we can get out of this range, longer it takes for Stena to confirm the higher probability it'll be next year.
I think I'll give them until mid October, if no news then most likely next year. If we get the news, say next week I expect 7p plus come spud.
Good opportunity to buy for those whom are still thinking of adding a position here.

Would be good to see couple more days of blues and then RNS Monday :-)

It's us retail investors whom keep these companies afloat but than we get rewarded by getting shafted, unfortunately.

I think we should now if there's a placing by early next week imo.
If there's no news say mid next week, then I could see them delaying it until rig on site and the price is a bit higher hopefullym

Unlikely imo :(

The state of emergency is not synonymous with lockdown. Rather, it is a legal framework that allows the Moroccan government to promptly take exceptional measures against COVID-19. The measures include lockdowns on neighborhoods or cities, bans on travel, the closing of gathering places, and the deployment of military troops in cities.

https://www.moroccoworldnews.com/2020/09/317827/morocco-extends-state-of-health-emergency-until-october-10/

Might get an update tomorrow? here's hoping next month we can finally get Morocco drilled.

*wressle

Fully funded, including testing and wrestle.

Peeps watch the video yourself.
https://youtu.be/T9h1sjeGTsE

The video was only 5 weeks ago and not few months.

Listen from 4.20 onwards:

https://youtu.be/T9h1sjeGTsE

thewackmiester - Nothing yet on Morocco restrictions but Paul did mention previously, that he expected travel restrictions to be eased in Oct, so not long wait now hopefully.

Courtesy of Mighty on twitter:

https://twitter.com/MightyBelle68/status/1301414562462228481

https://twitter.com/MightyBelle68/status/1301411919404789760

Once we have Stena confirm drill dates end of the year, we could then look at 3p and then personally hoping on 5p plus come spud imo

Just waiting patiently for Stena now.

Rossannan

I was more referring to the following:

'At any time after 1 September 2020 but prior to 1 November 2020, Stena must provide to BPC a commencement notice, which notice must specify: (i) the specific drilling rig to be deployed by Stena,

(ii) the location(s) which that drilling rig will be mobilised from / demobilized to, and

(iii) the date within the drilling window on which that drilling rig will arrive on location and be ready to commence drilling operations.'

Think we need to get news from Stena September for us to drill end of this year. However, if no news in September I think we could be looking at next year.
Let's see but I'm hoping peeps are adding sub 2p.

Just a waiting game but patience will be rewarded :-)

Exactly! well said...

I am underwater at the moment but here for Morocco and patiently waiting.

Good time to buy sub 3p.
Final QTR is when I expect the price will re rate due to the upcoming newsflow.
Easy buy and hold.

When do you guys see a realistic drilling timetable? Next summer?

In4cedros - Correct, I am aware of that. Stena need to advise from Sept to Nov about commencement and we will know then if drill will take place end of this year or next year.

This is why I said, we need confirmation ideally earlier the better ie sept so we can have the drill taking end of this year. Otherwise, if it's later ie just before November then we'll definitely looking at the latter part of the drilling window that has been mentioned.

Could do with Stena coming out in September to advise us that they plan to drill end of this year.
That will really get us moving.