The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
We don't need no dam PR firm, this is not a game. It's real life you don't play the media with oil, it's a dirty fuel. We are greedy and selfish ourselves, so let's not pretend. This is a win for us, just let things take it's natural course and stop making things sound bigger than they are.
Our BOD is not great, a bird in your hand is better than two in the bush, let's not forget they screwed up. You should be celebrating there mishap for the positive news it actually is.
88e have three times the dilution and we have better assets. Way better, they went to 4.5 before results.
I said once I do not want to end up like 88e, they have massive dilution, missed billion-barrel play and I was considering buying at .28 and .35 today they are hitting oil with the rns saying gross mean. Hundreds of millions of oil they are now 3.8 and rising. I reckon they will hit 7 to 15 if the results are good.
SWP has a gross mean of up to 400 mill first is 18 mill recoverable. So we are well undervalued.
The interview was not bad at all, it is potter he is wrong to say that the price reflects ex cerp assets. It doesn't the company should be valued at 1.6 we produce oil and have oil, 1.6 is conservative.
They did screw up, their finance deals which was school boy error, but things are far brighter than people realise.
It's just disheartening to think that farm ins will be putting the squeeze in because the expressed sentiment of shareholders is pretty ignorant. Trinidad are not cowboys in this sector.
Once environmentalist are out of the way, we could drill again. We need to pay attention to salaries. We going again.
Spot the deliberate mistake, star child needs to proof read their rns. That should have been 2 or 3 rns.
Just for fun
1) starchild
2) petrodollar
3) Simon Potter
4) Leo Koot
The US dollar is set to take a hammering over the next three months leave the drones alone lol. Just jokes.
We don't even need 2500 barrels a day, we only need 1700 at the rate the oil price is rising!
Mike your being ignorant talking like that.
If Potter goes we may never realise the 2p first target.
A new chairman would have a different idea of success and under sell the LTH.
It's not over your still have doubling from this point
Pduk this is not the same because of Trinidad I have lived there walked through and driven by the oil refineries. My family have oil rocks from swp region. Bpc are lucky
How do we get out of this mess?
Stop overreacting over half the shareholders have stayed so this is primed to gap up and pull back gap up pull...
Just hold your nerve.
Also because of the diverse wealth set in this stock, buys and sellers of small 4 figures means the dynamics of supply and demand will keep the stock value low. Which happens to all oil stocks it seems.
If you think 6 billion +shares in circulation is a good thing your dangerous as if we need that many shares before year's end we will never reach 2p. If you need money you make it from oil sales and take an extra 6 months or year.
Get off this daft idea that's let's liquidate and we will be fine in the end. It's flat out stupid and economically illiterate, reach 6billion + and you will never hit 2p.
It should be 2p now people would pay the algos won't allow it. That's closer value on assets
He already has, he got a finance at 0.8p the quantity of trAdes is silly big at the moment,
The only reason it is lower is that the market maker has too many shares on its books. So if you want to sell hold your nerve the minium is pretty much set to 0.8p
Basically, the new minimum base price is 0.8p -0.9p. Really its 1p so if your selling below that you're a mug. They basically said a major shareholder will not sell for less than 0.9p and definitely not below 0.8p. It's around .96p.
I am not overly happy but could have been considerably worse. It is what it is they need to get along and do it now. Get some further extensions. I would be extremely surprised if 2p is not regained this year.
China is never going to be recognised as a reserve currency.
There is a saying keep it simply stupid.
BPC shareholders are so so lucky.
China stockpiled the quantity of oil that puts them in a position to effect the market as a supplier.