No worries!23 Dec 2020 22:14
Put yourself in the place of SP and Leo. If Percy hits bigoil, a few (!) more shares won't matter at all.
If, on the other hand, it is a duster (God forbid!) without more cash we are wiped out. With the cash, BPC will still be able to develop the CERPassets, even though its SP will be diddly squat. So they had to devise a way of getting that cash before the Percy result is known. For lths like me it does not alter our odds much. I gambled on Percy long before it received its nomenclature and the upside is still based solely on Percy. We just need a bucket of luck. HAPPY Xmas all.