Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Hi EggChaser,
I was posting more in response to a few posts suggesting Malta as a next destination.
Clearly there was either a data error or some mischievous posting.
Rather than call someone out on what certainly greenhornet later rechecked and corrected I simply posted a few facts and let people draw their own conclusions.
Oddly greenhornet was not the only poster to report Malta as a next destination so it would suggest source information for some posters could be incorrect.
A320737
it took about 1 week to go from Gibraltar to Las Palmas, its a slow boat, hence why so long to get to the bahamas.
sit back relx and enjoy the journey.
It was more a challenge to Malta as a destination.
I don't expect the ice max to be running at much more than 6 - 8 knots. (Thanks CoMan) giving around 24 days to the Bahamas at 6 knots. Or 18 days at 8 knots.
But those timeframes to Malta? I think it unlikely that the Malta destination is correct, and if it is correct and the planned arrival date is correct then the next RNS would be bad news for the icemax.
EIA.
I would expect a supplemental EIA for any future exploitation drill. Why have a production based EIA before understanding the viability of the site.
Did you apply for an HGV licence before learning to drive a car?
Do you put your coat hat gloves and scarf on before getting in the shower every morning?
Everything has an order and a sequence.
IF the site is viable then and only then would a robust production based EIA be required.
But thank you for your concerns. As a shareholder I would expect and voice my expectations to the BPC leadership team that when we get to consider production wells we should be looking to implement best in class EIA principles in the same way as we have with our exploration EIA.
I would have concerns if it was taking that long to get from the Canary islands to Malta.
At 6 knots that would be 2 weeks (give or take half a day)
IceMax in Limp Mode?
Sabotage by rainbow warriors?
Stopping off for mince pies?
Could just be an error?
See where we are on Monday see how the dust settles then.
Shucks Harry,
Looks like it is you and me in the cheapseats for the linton challenge. I went 4.2 (eternal optimist I know.)
Expectation of BPC disappointment dragged my estimate down.
Confirmation the well would be capped didn't change my view. (I had expected similar on the basis BPC may have funded the exploration but they are a good chunk of change away from production.
Now, if the well result is positive the SP could go anywhere and I don't even want to join the sweepstakes on that number.
Icemax:
(Not letting me reply in thread hence subject change)
It's getting very techy on here today. I sense a whiff of disappointment...
Disappointment for Men by boots the chemist.
Top notes of resentment and frustration.
Heart notes of bitterness and anger.
Base notes of deramper and missed opportunity
Get some for the turd in your krapper today
Is it ok to sign off a post with someone else's name?
ATB
Uncas
And, hintza, if they don't get to court but find no oil the SP will tank.
Equally if they get to court and it gets laughed out, what happens to the SP?
If they drill and find mid to upper reservoir estimates what happens to SP?
I think we all understand this is still a high risk share. It is also a high reward share.
Take your position and roll the dice.
Rocket:
Looks like you want updates even when they nead to go to toilet.
Good god man this is no time for bathroom breaks. All non-operational areas are off limits. We are in a frickin race with the fairy dust powered greta mobile. We slipped away without an RNS whilst they were preparing their breakfast of mung beans.
It takes a while to warm up using nothing more environmentally damaging than the power of the human mind.
Oh, and one of the crew would like an ethically sourced coffee.
Now, throw another pheonix steak on for me and pass me my unicorn jacket with the dodo feather trim. I am going out on deck to harpoon mermaids.
CarsCoffee
I saw a shooting star formation on my chart. You guys must be looking at it upside down.
That's what you get for writing glittery Christmas cards at your desk.
JTK.
As long as you are sure it is a unicorn forming and not a pegasus or heavens above a slim elephant.
NellyB.
9 zeros or 12?
Depends how old you are and if you remember a time when there was a difference between a US billion and a UK billion.
The letter - what is done is done for fair or foul.
Should the letter have been forwarded?
Does it matter? Once it was posted to the BB it was in the public domain. It could for all anyone knows have been read before anyone took up the invitation to share it.
Furthermore if you feel one external voice can influence the direction of events you may as well start posting on the BP. Board that their SP will double in the next week.
We are where we are, the progress towards a drill continues unless we hear evidence to the contrary. Collectively I am sure we would all like daily BPC briefings but that is not how they conduct their business.
Sit tight/buy/sell
Do what is right for you.
Brynjon.
Newcastle gets my vote for a proper night on the town.
I resisted the urge to spell town with double o.
Great food options.
Great bar options.
Something for everyone.
And above all generally attracts a fun crowd locally and for those further afield.
(All based on a couple of stag dos and a couple of quieter work related events)
More a newbies note than anything else.
Case in point UJO.
6 weeks into a 6 - 10 week drill, less than favourable RNS dropped.
Sell, hold, buy.?
What do you do?
Same process BPC.
What will you do if there is a well dressed but ultimately negative RNS.?
not looking to deramp or scaremonger, just hoping you have played out what you want to do if that eventually lands at our door.
Still anticipating more positive news and SP moves in the days and weeks ahead, but the UJO case is why some sell out at spud.
Me, I am foolhardy. I was always here for the drill result.
Sometimes using Google to search for terms you are not aware of can be dangerous.
Example.
Do not use Google to search for information from a work computer on anything related to "tight hole drilling" some of those images and several of the videos cannot be unseen.
The good news is you can save the direct web extension.
Again probably better not on a work pc.
(I bet at least 1 person reads this and does the exact search)
If the warrior is planning to interfere with progress we might as well have some fun with it.
Gentleman's wager with the captain of the icemax,bet you cannot get to the drill ste faster than the warrior.
Same deal to the warrior captain.
Then all we need is a bookies.
Who was that at the back calling for race groundrules.
Get out and don't come back till you need to shave!
Sharescare:
If I read that RNS right a couple of days ago another 5.5 million are gonna hit the market tomorrow
0.13% dilution?
Really.
Should hit the SP by a staggering 0.02p.
Anyone else not sure if this is a tree shake, a justified bump or a directional shift?
BPC backstory reads like a tv talent show contestant. Voice of an angel but with a troubled childhood.
Could easily win the competition and go on to do stadium tours and Vegas residencies. But just as likely to end up in rehab or behind bars.
Hopefully it makes it past the 27 year curse.
IK (the real one not the WUM / troll):
P_I
You have a depth of width of intellect.
The width and depth of all I know could be written on the edge of a postage stamp.
I know almost nothing and I am happy with my lot.
I do however reserve the right to muse and ponder hence the often bizarre ramblings of my evening posts.