Member Info for Prospect-

Soon......

Never trade with stops

And yes, no hard and fast rules for trading even though not trading BPC just holding ... or burn the boat and oars...

Something is happening... could it be OIL ;P

Well, if they want the shares the institutional are going to have to play this the opposite way. Drive to 6p and weak longs will sell. IMO.

Come on up up up

BS tree shake outright manipulation

We might even close green blue on the day if this bounce gets strong enough. Clueless as to why we had this downward spike.

Has to be a bounce what lucky to get in on the lows....

Riggers777,

Wouldn't bother asking him that question because he is way way way too conservative in his estimates.

A decent benchmark guide would be from Auctus Advisors (an it's conservative so go figure on Proselenes who is like pessimist extraordinaire) :

"A success at Perseverance in The Bahamas adds >17.00p per share (~6x the current share price) even assuming that BPC retains only 25% of the value of the discovery – retention of a higher stake increases this value pro rata. "

https://d1ssu070pg2v9i.cloudfront.net/pex/bahamas/2020/12/08133633/Auctus-BPC_IOC_08.12.2020.01.pdf

Currently from Trinidad and also Suriname we are producing 500 bopd the target for 2021 is 2500 bopd are the markets ignoring current production? YES...

JP2000,

Someone can provide the percentages from slides etc. The beauty about P1 is that the drill is targeting multi-levels just look at the diagrams. Don't know what the percentage would be but 10% would be far too low.

Proselenes way way too conservative.

Druid,

Hypothetical... just supposing IceMAX is covered is crude lol or as he talks a gusher appears.... or even some crude can be seen.
Given, was the tight hole policy that impacted that webinar... as ThePole says ... FACT. lol

Druid,

Can see how you got to that innuendo. Equally, P1 being a tight hole was why we got COO. There was a lot of legalese as to why COO had to mind himself and pre-record during P1 drill.

oh come on Proselenes so you rate CERP as zero value?

BigSi,

Markets are just disjointed at the present time and market values are way off the mark. Some are way overvalued like NYSE GME (retail wasn't the only player). Others, overlooked. BPC IMO is overlooked. We're not in a rational environment anymore.

Agree dilution is a factor in BPC but being 100% self funded for P1 implies 100% rewards. As they say a wekk is a long time in politics so wouldn't pay too much attention to daily politics unless revolution or war or some major upset is playing out which clearly with Bahamas (being stable) isn't.

Agree keith1,

Looking at SH holdings. Noticed Bektash Manavi holds 1.76% (interesting speculator) Standard Life Aberdeen 3.96% Merseyside Pension Fund 1.11%. Off course Lombards hold by far the most 7.9%.

Make of it what you will ;P

The market value on BPC is a joke way way significantly under it's fair value of 19p. BPC is in the top 25% of volatile stocks and yet we're down here at these levels. wtf... lol

Still good for those who want to top up ;)

Fact is that 19p fair value is a lot higher then the guesstimates made on this forum which tends to average at 12p.

These analysts put the fair value at just under 20p (19p)