Member Info for rossannan

The more the BPC story develops, the less impressive it gets.

ZagEgypt

It’s okay, we’ve now established that it doesn’t exist and therefore isn’t on the website.

ShareScare

So there is no production lease, just a right to one if the Bahamian Government cannot come up with reasonable grounds to withhold it. Just as well the Bahamian Government are onside. Oh, wait...

ZagEgypt

Where on the website?

When you are looking into the future it is important to distinguish enforceable agreements from unenforceable agreements to agree.

ZagEgypt

Time will tell.

only6greens

In theory. But all that “hot air” suggests that they may run into difficulties in practice.

khonsu

https://www.researchgate.net/publication/314274552_Exploration_Chance_of_Success_Predictions_-_Statistical_Concepts_and_Realities

morepenny

“what possibly could be a complete new oil field”

Even if they beat the odds and make a commercial discovery, will the Bahamian Government cooperate with its development or even its appraisal? The story here has changed a lot in recent weeks, in so many ways.

jrte

Yes, it is dated yesterday but my feed only alerted me to it today. Now we have TW’s latest list of triumphs::

“...Then there was the exposé of AIM darling Bahamas Petroleum on Monday. That forced a response today but it is not good enough. This stinks and we have exposed it...”

molokai

I wasn’t recommending it or agreeing with it, just chucking the note into the mix because it was relevant and had popped up on my Research Tree feed. It should go without saying that any broker note should be taken with a pinch of salt.

Bigoiler

“commercial quantities of poo”

Yikes!

New research note on BPC.

ZagEgypt

Yes, all they did was wave a big banner at the IceMAX to protest the drilling. In the past they have physically blocked ships in port. In a sense they distracted everyone from what was happening on the other side of the pond and has now given rise to this awful financing arrangement.

ZagEgypt

Not really - it just turned out to be a small and essentially insignificant part of a larger protest. It was still a good spot by that particular poster.

Noice.

to TW for that bit of detective work. Trust eroded a little further.

PI

“The SP will be somewhere between the gutters and the stars.”

Correct.

ZagEgypt

Not while there’s rampy nonsense on here to shine a spotlight on.

Jim1556

So no further dilution at either the share or asset level? Really?