Member Info for Morpheous123

.... curious. Is that a whole week without one share being purchased?

Thanks Libero. Much appreciated

Is it wrong that I actually smiled when I read that Shed and BB actually ...... agree! I like the new era! Carry on guys/girls!

Hi Irene, forgive me for being curious. If you are invested, are you in category 1, 2 or 3 of your scale? Morph

Adrian, agree consolation as previously posted

Market - has to be the worst attempt at a de ramp I’ve ever read! Thanks for the giggle. But do yourself a favour and move on

Ollie, I think you are spot on with your sentiments. We need a period of reflection and time to allow Simon to work through his contingency plans. The point about local credibility is well made. Bringing a major on board provides that particularly for the Bahamian Government. But I do question how strong our negotiating position might be given we have to drill again by 22 (?). Find also touches on another salient point. The credibility of our board. They diluted this company to death. Great if we struck commercial amounts of oil as all would be forgiven. But rubbish in our present scenario. My guess is consolidation followed by another round of fund raising/dilution or consolidation and farm out of Bahamian leases. In terms of the much touted ‘shareholder value’ I think an earlier farm out would’ve been better if it enabled us to go for a sweeter spot. But that has to stay in the past. Give the board some time to regroup and then communicate

Thinking consolidation first

.... nice getting to 'know' some of you from afar. Enjoyed your company. But I think that's it. Back to the bad old days of no comms now they've had our money. Gutted. But wiser

This is on an upward trajectory. Measured incremental rises to 4-5p over the next couple of months will suit me fine. We will then be well placed for when the bigger news comes in. Short term volatility to be expected. Equally fine for those taking advantage. I'm here for a longer term

IBLondon - completely agree. The government has to keep the whole community onside. In the event we find commercial quantities of oil (which I believe we will) it will be far easier to sell the vision of a transformed economy vs a future that continues to rely on tourism and thus vulnerable to events like pandemics/hurricanes - as well as increased competition from the developing tourism offer in Cuba. If I know the BG as well as I think, part of the sell will involve comms directed at a local level i.e. enhanced local facilities, expanded eduction offer etc. And reconstruction after recent hurricane damage/carnage. Bahamians will want to know what's in it for them and a huge oil find gives BG the latitude to make promises that would be hard for most Bahamians to resist. Particularly as so many Bahamians live just above the poverty line ('over the hill etc') unlike the images in tourist brochures.

On my post from yesterday - my carefully considered exit plan has been thwarted by dilution/environmentalists! Was going to offload 80-90% on results and retain the balance long term. Now I'm conflicted as to whether I should sell all/some on results (profit is profit and best not to be greedy) or hold for a better return upon positive outcome of court case (is that greed)? Decisions, decisions. Anybody else re-evaluating plans?

All, I confess I got this all wrong. Expected a rise pre-spud, bigger rise going into results and more after results announced. My sense is that dilution/court/uncertainty has adversely impacted SP (not rocket science, I apologise). But what about if we strike large, sit tight, win the court case. Is that the point where the real SP increase kicks in? Because let's face it, once the case goes our way, The Bahamas will not say 'no' to drilling as they need to pay debt, kick start the economy. So, is this a longer hold for more SP benefit? Hope that makes sense?

BM - don't think you're the bully

Northern, my preference is too have too much communication rather than too little. Unfortunately, I'm invested elsewhere with the latter and find it very frustrating. My bad I guess. But I'm quite happy with the newsflow here

KP4 - beat me to it! The exact part of the RNS that caught my eye. Very excited by this update. Should edge up the SP although for me this is about the longer term potential. Any shorter term volatility is neither here nor there. This board knows its stuff including the need for proactive comms. Happy (happier?) days!

Morning all, been following from afar (literally). Invested from the bad old days and looking forward to sunnier times. Meanwhile, I think Thebhoys needs to re read Realism79's comment to better understand where the 'cretin' remark is directed. The implication that that you can only have held shares since you opened an account here is .... strange