Member Info for Oktane

Good post Dave, rare mature and intelligent comment on this soap box.

There are distinct groups here.

Some LTH with big positions, here and many other places. Keep an eye on things but rarely comment.

Those with all their cash invested here, from 00 to 000,000, as well as the nervous types, that watch every tick and worry over was it a buy or a sell.

Day traders trying to make a quick in out deal, with various approaches and results

Muppets not invested but here to enlighten everyone, bless them

Sad individuals that need to deramp the share no matter what, often with a history of doing this on other oilers as well, perhaps avid Drill or Drop core audiences.

Big thanks Adrian & company, your efforts are much appreciated.

Tears of laughter at those that don't understand the guys just might, just, use some of their hard earned information to trade on. The very thought!!

Markets exist to transfer money from the impatient to the patient, from the misinformed to the informed.

More likely selling is from profit taking as many bought near 1.00 recently, also churn from recent placings.

Don't post here often as so full of muppet talk much of the time.

Once commercial flows declared from Portland funding no longer an issue, from bank loans to JV to get a dozen wells producing by end of 2019 with production permits not needing the years previously required as per recent central govt directives.

Upon commercial flows from K layers the share price and market cap can go much, much higher.

To answer an earlier question, and flows within 75% of what was achieved in 2016, and declaring commercial, and the current mcap will be too low as vast amount of uncertainty removed. What many AIM short term players do no realise is as MMcap rises many more investors, funds, and institutions can and will take positions here. Also at some point there will be declarations of positions from other oil companies IF commercil flows are established.

There are so many on here that wish to trade for their 5 to 10% profit; the way they look at the market is completely different from the investors here looking for where we will be in 2020, and how much capital do I feel I can risk now to see IF commercial oil frows from all levels and future wells.

Have been in this since 2016, in the event of a no news sell off well below 2.00 IMO excellent entry point for new funds.

As of right now GBP 41,600,000 gets you everything including the kitchen sink...says the market

Environmental permit , major farm in of any type, finding commercial oil in first field joint probability is around 24%, which explains why this is a �49 m market cap company today. Non ramper or deramper discussion. Anyone want to add anything rational to my assumptions?

Probability assumptions I make, been invested here six years: 98% BG granting environmental permit (question is when, or how long does it take from today ) 80% Major oil company farm in 30% Major oil farm in where we retain > 20% of first drill production 30% Finding commercial oil on first set of drills (from last CPI report, varies a bit from where we first drill) 1% SP is worth his $1 million annual compensation package, much of which was on the back of his deal making ability. Seven years on appear to be paying a proper investment bank to do much of the negotiating and structuring, suggesting we have overpaid for his services over the years.

Dutch, like you been in this share a long time, seen ups and downs. Maybe, just maybe, this time it will work out. The minimum payment from the major oiler covers nine months of Potters salary back when we still had cash, so that is positive as well... GLA LTH

Been in here a long time, have watched Potter receive $1m per year in cash, and then after that ran out, stock options. So far he is the only winner here. However, the asset may, just, have billions of recoverable barrels of oil. So still long and strong. But, and I say but, so far everything with BPC has taken far, far longer than expected. Enviro approval will be very good, and alsost any JV will lead to some payout. However I would really like to see BPC survive a JV and get to production as the junior partner to realize full potential.

Degsey is always a 10:1 favorite in any share he posts about...

Good luck here, think it will come good, just waiting for sentiment to turn even if that means I miss the lows. Wiley did you notice USOG spudded their second well last night, and are funded for number three? Still stuck on a large position there, Lazarus share if it comes good? Are you a Saab nut, as there is a well known Wiley there?

Going just by the 'topping up now' posts there are many large holders that scale down bought from the high 20's all the way down. Many of them are now quiet, they and some of the new placee buyers might be sellers current at 8 and 9p IMO. I like the fundamentals here, but am waiting to buy when the glass is no longer half empty but half full, once sentiment changes this will rise significantly. At present too many bruised players out there.

When super rampers like Degsey show up and fill the board with unintelligent ramping it is a clear sell sign for many AIM players...