Member Info for Phoebus

Lots of folk might not post on here too often, but I expect many of them are fully aware of the huge prize on offer at BPC and have been waiting patiently for the moment to back up the truck on this beauty. Think that time has arrived.

Now now. Only saying it like it is. We all know this will be massive ;)

Only 1 left at 2p.

Drilling being green lighted will only increase people's urgency to get in especially this far below pre COVID sell off levels. Still only 6p/barrel for a huge P50 recoverable well with an excellent COS. Way too cheap.

Loz, BPC is not a normal share. Look at the 5 year chart. Every move up has been huge and very fast. This time is unlikely to be ANY different.

2p paid.

Won't be surprised if this is 4-5p within a few days.

1.98p paid.

Asi I pointed out yesterday, SP has to move significantly north from here for BPC to use either of it's equity funding facilities which are convertible at much higher prices. Not only that, significant shares will need to be purchased in the secondary market to enable the facility issuers to offload before drilling takes places. To draw in enough buyers and to do so at a premium to the conversion price there will have to be an almighty surge in share price. Expect exactly that. Add to your positions upside down, backwards and sideways. It's already underway. Expect much more to follow.

High five. Up above. Down below. Sorry bud, you're too slow.

BPC never takes that long to move. Look at the charts. It always goes very quickly indeed.

1.95p paid. Almost 2p already. 3p next.

Think this has had a good move? You ain't seen nothing yet.

BPC currently only priced at 5.7p per barrel for a very high COS well. Crazy cheap! How much do you think it's worth per barrel in the run up to drilling 25p, 50p? What does that tell you about where the SP is going? Hint: a lot higher.

Price brakeout. Remember this was 5p+ just prior to COVID sell off.

Sorry. Above bid.

MMs happy to take chunky amounts above ask.

Look back over the last 5+ years of BPC price action. All of the large price increases have occured in very short time frames. Don't expect it to be any different this time. We could be well over 3p+ by tomorrow. Sounds far fetched, but it's how BPC rolls. Just look at the charts. Now drilling has the green light would you want to risk being out?

I see no reason why this can't get to 5p+ again and as is usually the case with BPC it often happens very quickly indeed. Blink and you miss it. Don't buy and regret it. Too much at stake now we know the drill is going ahead.

I don't know about anyone else, but I've been keenly awaiting this drill for about 10 years as it looks an absolute peach. I definitely want a chunky holding and can imagine a lot of other folks will too. Expect this will attract a real flood of interest. GLA