The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Filter him. It everyone does maybe he'll f*** off.
Exactly Hawks; we were below 2p a couple of weeks back. We're in good shape. All LTH deserve a good weekend. Cheers!
The 1.7m was a sell. It was executed at 3.2p and at that time, that's a sell. The reporting time doesn't matter.
Can't understand why people are reading so much into a drop on a Friday afternoon. if you're jittery over that, maybe investing / trading isn't healthy for you.
If we get an RNS re farm-in deal, this is go way past 14p. Back in 2011 it was recommended by Investors Chronicle's Simon Thompson at 17p on the basis that if they signed farm-in the share was heavily undervalued. Ignore the intraday short-term movements. This is all about big picture.
If it does turn out to be Shell then there could be a decent play on buying shares in both companies next year around drill time next year. Of course, that would apply to all drill partners.
Shell for me; I think after the Gulf of Mexico BP would be a poor choice politically, given what a seismic event oil drilling will be for the Bahamas over the next 10-20 years. This is a once in a generation chance. Has to be right.
Politically too, Shell would represent an acceptable face of oil drilling to the people who are worried about environmental issues. Interesting that the share is up a bit after yesterday's retrace. A few days have passed since the 'still in discussions' RNS. Could tomorrow or Friday be deal-day?
I think it's Shell, given its recent activity and presence in the area.
Filter him. He's not worth reading
Only price monitoring extension or AGM results (attended by members of the public so can't be delayed) will be released on RNS during market hours. All the important ones are 7am.
Any RNS on farm-in will be at 7am prior to market opening. It won't drop during trading hours.
There is no doubt now that BPC are going to drill; and the revelations from AG and the deputy PM this week just reinforce that this is a done deal. Very best of luck to all LTH here who have persevered with BPC over the years.
An RNS soon is all but inevitable.
Don't need to load up. I've been invested here for years and slowly (very slowly at times) reduced my average. I'm looking forward to a good weekend.
Could the previous oil major have walked away to put pressure on the Govt, only to return now that the licenses are sorted and the Govt clearly onside?
Reading the article, there isn't even any real need right now for an RNS. The AG said that the Government had strong legal opinion regarding license renewal; in that context he isn't going to say anything off the cuff of such significance. I think after all the ambiguity surrounding previous RNSs, there is no doubt that an agreement has been reached. It's right there in his comments. Job done.
They couldn't issue an RNS today saying they were still in discussions if deal had been signed; that would have been false. Therefore if deal had been signed there would be no rushed out RNS today but one tomorrow or in next few days saying 'Deal done.' Therefore deal could be agreed but not quite done. Logic says.
Given that BPC issued an RNS today saying it is in talks still; it is unlikely that we will see another in the coming days to contradict that, i.e. that a deal is done. It looks like an agreement may have been reached and the actual contractual legalese is still to be drafted and signed. Bigger picture though is that AG's remarks are the best clarity we've had in months. GAME ON!
Specialist? Isn't it ironic?
It is slightly odd Sol that you read the boards for so long without posting, then became a member to post but refrained, only to start posting a few times today. Where DID all that restraint go?
Why would it be "terrible news" if the SP slips? Terrible news is no deal.
If there is something going gone the logical timescale would be for an announcement Friday week (November 23). That would be three months after the end of exclusivity which could possibly mark the end of any cooling-off period before an agreed deal comes into force.