Member Info for MaltLoaf

....there is only small float in PI hands, and the sp is volatile to the PI's insecurity - not without reason, especially when PR communication is so minimal in these challenging times. The II's are seemingly in this for the long haul but will the mice spook the elephants?

Don't panic Mr Mainwaring!

CNBC news: '$6 billion wiped off global crypto-currency markets in a day. XRP & Ethereum led the plunge as prices of many digital coins continued falling'.

We still haven't received an RNS clarifying on when the data for generics pharmacokinetic reformulation clinical trials will be sold on and funds appropriated back to N4P treasury (sildenafil, apprepitant, duloxetin and the data so far on valspaltan). The patents weren't granted, so either the N4P will choose to recommence on these generic reformulations or sell on the clinical trial data.

A decent BOD would have ensured operations management of an ongoing programme service and maintenance of plant. Says it all if they have mismanaged operatons so badly, leading to plant outtages and unachievable production targets.

- Unless the intention was to drive this down to an entry price for placing.

Can someone explain to logic of an 'interim chairman' RG'so decision to sell under £16K's worth of shares? The damage to sentiment is insurmountable. I mean, what did he so desperately need the money for? To pay for a daughters wedding reception or luxury cruise? Could they not have had a whip round for him? Sheer f*****g madness!

So much was riding on the success of he East Oak plant. This wasn't primarily fed by landfill gas fed. Investors require total honesty from the board on the predicted feed volumes and drop-off rates. Was this credibly assessed? It seems that Velocys industry (fischer-trops) peers have are 'making hay' in the predominantly 'natural' gas to liquids revolution. Come on Velocys! - Renewables will be relevant, but for now the extraction of natural gas becomes more sophisticated by the day. This reminds me of the Harrods (London) battery powered delivery van from early 20th century. They had it right ideas back then but the world wasn't exactly ready to follow.

Woogie, The bb arena is good place to raise these points. Investors have effectually made their investment into N4P's R&D. So what happens to the fruits of that R&D now? BOD may be more responsive to wider sentiment than individual opinions.

There is a possibility that research data (funded by investors) on generic projects which did not culminate in the successful filing of a patent, can be sold on to outside companies under the radar. If no one contests the use of N4P's intellectual property by others, then no alarm bells are sounded. Thats why we need absolute transparency from the BOD. Either they have given these up for good and and therefore reserach data is officially or they retain that intellectual property for use in future. These things can be 'kicked into the long grass' and forgotten about. Less ambiguity & more clarity required.

Can the N4P board of directors be completely transparent in declaring what now happens to research data & patents from its now closed generics department? This information & value has been funded by investors. It would be an absolute scandal if this was being sold out of the back door by spivs. BOD, have the decency to give investors clarity on this.

It was brave decision for BOD to be realistic with cash reserves and therefore concentrate those on Nuvec, which, as well as medimmune / Zeneca, has potential for multiple licensees coming aboard and funding their own trials independently.

WM describes the East Oak plant as a 'demonstration unit' for smaller scalendar GTL. Maybe for now it' has served it's purpose until renewables & funding are back in political agenda. US politics plays it part in this for now - The sp built up to the last election. In the run-up Obama was legislating against hydrocarbon exploration in the Atlantic & Artic. It was a near certainty that Hillary, step into Obama's shoes and take up the torch of renewables. And then before the dust can settle, the Trump administration drives forward with emphasis on reinvigorating the US Coal industry. We just need to wait until the US fully turns on Trump.

The director's hold only paltry token share holdings. - This seems like a 'too many cheif's' issue at ENVIA Oklahoma site. Why was VLS subsidising the project running costs (while production halved)? Was there an issue of contention because VLS advisers share responsibility for ths fault? Why did VLS make 13m loan to subsidise failing operation and not choose to increase share holding amongst JV partners? Or was it limiting its liabilities by making loan only?

$300m spent on developing this amazing low sulphur hydrocarbon technology - and now you can buy into this on peanuts? In the long term, once ENVIA's technical & funding issues resolved then momentum upwards begins. The MCap bares no relation to real potential here IMHO.

Would a 'major' do its own homework on viability before entering an exclusivity agreement? Y/N Would the 'major pay' for exclusivity if this did not reflect demand for the resource and exploration project? Y/N Overall do you think the exclusivity agreement has increased interest from investment business & industry worldwide? Y/N

I'm interested to know if anyone here (holding / buying / Selling ) has an understanding on the geographical location of the targeted exploration area? By my understanding, it close to Cuba, North West coast (north of Cuban onshore oilfields). With regards to Cuba, foreign investment and for offshore exploration. Once Cuba has successfully reformed politically & economically (as have old allies), offshore exploration will grow. The region and market climate is ripening for international investment. The imperative for BG to seize the opportunity grows and 2018 has seen circumstances improving for BPC, imho.

Correction: Kickstart

Bongabob I would disagree and say that you cannot deter other companies from emquiring on the desired BPC exploration in this region, without of course a defined reason for a 'major' ending negotiations, or offer withdrawal. Being astute and opportunistic is paramount. Would you not bid in an auction because the last bidder withdrew their offer? Or would you check the lot out yourself? No brainer. The exclusivity period has been a fantastic PR opportunity for BPC after a long period of stagnation. Circumstances remain a lot warmer their than before Once neighbouring Cuba is fully politically reformed, oil exploration and production will expand (from foreign investment), the BG will be watching their neighbours treasury & economy grow. This will kickstand exploration.

And obviously a decision from a major (or no major) to reach out for partners in a risk spreading consortium deal would eliminate (at this juncture) need for exclusivity. The cost of funding a exploration rig willl be astronomical and require multiple partner investors. This is going to an even longer journey, but keep your eyes on the prize.