Member Info for rossannan

Or leave us to fall back on the cash value. Whatever happens it won’t be boring.

AfamaMan

I knew what the expected catalysts were but they did not materialise within the expected timescale - that is why I am no longer invested. I remain interested in the story here though. Have the expected catalysts just been delayed or has AVCT completely missed its moment?

ADT1

That was just a blip that meant nothing in the grand scheme of things - you can probably pick up 10,000 at less than 140p now.

seems to be the key needed to unlock this one.

PL75

Tell me why I will kick myself. Genuinely, what is the catalyst you are expecting and when do you expect it?

What catalyst are folk expecting here and when are they expecting it? This feels like a company that just keeps missing its moment, one reason why I switched into DDDD (it remains to be seen whether that was a smart move).

Jbrier

Do you have a link for that?

Happy with my AAZ but not that tempted by CGNR, which has already seen significant share price appreciation.

PageofCups

“in support of [BPC’s] view that technical risk of the prospects is relatively low”

And, of course, technical risk is just another way of describing the probability of geological failure. Even though this appears to be relatively low at 65%, the probability of commercial failure is by definition a lot higher, even if Pro’s 90% is pushing it a bit.

“Sensational results expected”? The probability is that they will be anything but sensational. Fact.

And that, ladies and gentlemen, is what I call “rampy nonsense”.

brynjon

“the probability of geological success”

Too many folk on here still don’t understand that the probability of geological success is a lot higher than the probability of the share price jackpot that the local rampers have them dreaming of.

The so-called “derampers” are just trying to explain this.

And done.

Spellbrook

I don’t want to come across as short-termist, but I’m not prepared to wait until 20216.

Elrico

Yes, thanks.

TRP-BPC

Okay, deramp mode. Just checking.

TRP-BPC

Are you in ramp mode or deramp mode today? I may have missed a meeting.

Srdoddy

You too.

Hey Hantsome

“and know the outcome of this drill”

The so-called “derampers” tend in fact to focus on the published odds. It’s the local rampers who suggest that they know better, misled either by themselves, other rampers or by dangerous throwaway comments like “virtual dead cert”.

Srdoddy

“Had always seen this as a gamble all AIM is, but either way as it stands at the moment someone is offering potential 10/1 odds on a 3 (35%) horse race on SP if we hit Oil. If we don't someone is covering my bet in other assets.”

You have really got the wrong end of the stick here. You do not have a 1 in 3 chance of 20p+. You need to distinguish Pc (CCoS) from Pg (GCoS), understand that commerciality covers a spectrum from marginally commercial to massively commercial and think carefully what BPC’s other assets will be worth in pence per share if P1 is not commercial (not even a whole penny, arguably).

Koen

Just to be clear, I have no position in BPC, long or short.

You say “so the 35% is a low ball estimate” with reference to BPC’s 200M commerciality threshold. That is my point, you are confusing a Pg percentage with a Pc percentage.