I received an email reply from them advising to refresh the screen. Needless to say that advice was useless.
They've had a serious problem with chat for going on for 3 weeks, should have dealt with it by now.
noviceinv
Just love your two consecutive posts, were you giving a subtle nod to JTK's ExxonMobil farm in theory?!
RE: My Turn To Say ItToday 14:22
exonerated I mean sorry.
Sodding mobil does auto spell quite a lot.
ReplyRecommendReport Post
Noviceinv
Posts: 272
Price: 2.85
No Opinion
RE: My Turn To Say ItToday 14:22
Yes I definitely wouldn’t want to be out over this weekend ;-)
Exxonerated otherwise.
BPC website
Reserves and Resources:
Currently, there is no consistent estimation of reserves and resources across the Company’s expanded portfolio.
For this reason, BPC has initiated a programme of work to commission an independent third-party Competent Person’s Report (CPR) for the Company’s various assets and licences in The Bahamas, Trinidad and Tobago, Suriname, and Uruguay.
BPC is, however, expecting that at the conclusion of this exercise the Company will be able to report a current portfolio-wide 2P reserve of 1 mmbbl (net).
Thereafter, ongoing maturation of resource and reserves across the portfolio is a core business objective, and based on information currently available, the Company is targeting a 2P reserve as at end of 2021 of 10 mmbbl (net), and longer-term of 50 mmbbl (net) at end of 2025 (which could be considerably greater depending on the level of success assumed in The Bahamas).
Re. CPR
"BPC is, however, expecting that at the conclusion of this exercise the Company will be able to report a current portfolio-wide 2P reserve of 1 mmbbl (net)."
So should a RBL be sought what would be the likely value attached to such a reserve figure?
in4cedros, I've said all I wish to say to rossannan in 3 posts. Hardly made a career of it compared to yourself.
Consider the fact that your endless tracking of rossannan's posts make you an equal, if not greater troll.
No doubt we'll now see a reply with an endless stream of exclamation marks to emphasise what a smart arse you are.
rossannan
You evade my point. No investor's interest is best served by reading ramp only posts and I certainly do not wish to see such on here. You can and have contributed reasonable thoughts for consideration. My criticism is obvious to all but yourself.
Make a point and move on. Stop boring folk to death by constant negative repetition. Reasonable?
But Ross why keep on and on, if you're not denigrating CERP's assets or regurgitating doubts over the TAQA Bratani accounts history and Koot's leadership you're falling over yourself to joyfully point out what you regard as negative factors.
You appear hell-bent on depressing sentiment and undermining the hopes of many, unsuccessfully I may add.
Put bluntly I, and I think the majority of posters here, liken your presence on this board to finding snot on your favourite silk handkerchief. Extremely unwelcome. And, as you're so fond of re-iteration, I'll say it again. You're extremely unwelcome.
Google exxonmobil news and read the top two, very recent, FT entries.
There was an update re MC and LC tests in the rather lengthy merger document (the one where LK's 2 day per week rates were detailed etc etc, damned if I could find it amongst all the RNS s released) and it simply said that all tests had been carried out at both levels. No information as to what they found then or since. It remains to be announced contrary to Koot's intention to keep s/holders updated.
Can't see next week passing without important S2 news.
After all how long can you stretch out ' in the immediate future' ?
Besides which valuation fundamentals can become very skewed in moments of excitement, and dare I say it frenzied FOMO buying as word spreads.
As far as I'm concerned, as an ex-CERP holder and no fan of Koot, you've misspelt cult.
Is this still a realistic pre-spud target?
Can we really expect the instis holding these 450m shares to enter into the risk involved by retaining 'til drill result?
It's not their game so the answer is no, not in every case, but I think the majority will create a tsunami of sells as spud date nears, pegging the price back and disappointing those with top slice intentions.
This could of course persuade some to go the full distance to drill result. GL whatever your intentions.
smallt., couldn't agree more, these aholes are stupidity personified, you'd have to be as thick as an oak to take notice.
There's roughly 5 regular posters I read on this board that are worth the time reading and you can tell they've followed/researched BPC well. 'tis an unfortunate fact that most AIM shares are riddled with traders peddling worthless posts and one or two maliciously intent on wrecking positivity for whatever reason.
Ignore and go with your own judgment, it's your decision, your money, your future.
Harry, think your fears well founded, we live in a world of corporate chicanery.
CERP holders need only to think back to Koot's interview following success at Saffron, 'we've found what we were looking for' etc etc whilst simultaneously hoodwinking s/holders into believing we're at last off and running by announcing a free carry S2 drill. Blue sky beckoned, then the truth emerged, the fantasists died, the directors flourished. Same old.
Findme, can you comment on Potter's advice to investors that oil will 'be sold straight off the back of the boat' ?
(That comment was in a presentation made prior to the last intended drill date.)
Starchild, I wasn’t asking for an up to date cash held figure, that just wouldn’t happen.
I think it meaningless, rather misleading to continue quoting an important figure chronically out of date and disappointed that interviewers have not pursued for a more accurate assessment.
There is little hope that BPC inherited any cash from CERP, as Simon Potter stated most if not all this approx. $2m would be spent on merger costs. As you say the next financial report may shed a little light and we’ll see how deep that dent really is.
My email to Camarco has been ignored.
Cash of $11m AS AT THE END OF 2019. Was this amount, always counted as integral to P1 funding arrangements, ring fenced?
Doubt it but if so how has BPC funded all outgoings for the last 8 months.
So, if not intact, what is the current cash level standing at now and why do they fail to be transparent on this matter with s/holders in both presentations and interviews. My savings now are a whole lot different from 8 months ago!
Starchild, if you can't take your own advice, and act accordingly, you just come across as a lulu.
You too have a nice weekend, and think on, they're your words 'Ignore IreneK’s posts on this forum'
(2) Ignore IreneK’s posts on this forum
Why not act on your own advice Starch? This thread cluttered with rubbish, mainly by people like yourself trying so hard to be oh so clever and funny. You fail.