IMF Executive Board Concludes 2020 Article IV Consultation with The Bahamas27 Jan 2021 11:48
"However, putting debt on a clear downward path over the medium-term and rebuilding buffers will require significant fiscal effort. Directors called for tax policy and administration reforms and expenditure prioritization to ensure a robust and equitable consolidation once the pandemic abates. "
LayLady got Laid and IreneKrapp don't have a position. They said so. They just post on here de-ramping drivel to stop peeps investing and to do their bit to drive the sp down.
RE: P1 determines if Bahamas has oil or not27 Jan 2021 08:47
Harryoffdock,
The way the Bahamas behaves after blowing £100 million on research we're better off with Tulip Oil or Uruguay anywhere except the Bahamas. If P1 is a duster avoid Bahamas like the plague... oops forget we're already being plagued with COVID...
RE: P1 determines if Bahamas has oil or not27 Jan 2021 08:39
Have to point out that the Bahamas Reef Environment Educational Foundation (BREEF) et al act as if there is huge quantities of Oil down there. They behave as if it is already known.
The reality is that Potter is saying we don't know until P1 results comes in and P1 will nail for good one way or the other.
P1 determines if Bahamas has oil or not27 Jan 2021 08:33
"Whether The Bahamas possesses commercial quantities of extractable oil will largely be determined by Perseverance One’s results, but Mr Potter also made a thinly-disguised threat to issue defamation proceedings against the activists for suggestions that BPC did not have the necessary insurance coverage for its well." - Simon Potter
I see OTC or regulated unofficial market. Still good to know it's 5 cents on there. Think many companies don't even know they are on there. A market segment of German stock exchanges which is not subject to general supervision by a public authority.
Do you know how they are trading BPV? Is it a separate listing? It's a bit confusing as it's mid price is 5 euro cents whilst we are 2.3 pence. Surely that's an arb op?