Member Info for rossannan

ShareScare

The bid didn’t make it to 2.95p though.

Chriskerr100

So would I. It is more about the effect that any initial traction could have on sentiment.

Robbla

“Dead wood has been cut adrift”

Can you elaborate on that?

icemax

Exactly.

Noviceinv

On the contrary, I have 1.68M. But I have been thinking about rounding that down to 1.5M, so if this rallies for some reason and I can get more away at 2.95p, you will see 180,000 of these sold in two tranches of 90,000.

ZagEgypt

The RW’s intervention has not amounted to much thus far:

https://ewnews.com/greenpeace-lends-support-to-oil-drilling-protest

but time will tell how the protest as a whole pans out.

I did not attack Harry - there are enough keyboard warriors on here already - I simply wanted to know if he had followed through on the Monday sale of 2.5M shares that he was so very clear about at the weekend, but he suddenly became very coy about it.

I liked the CPR in the sense that it enabled me to take the profits on my spread bets, but in every other sense it is pie in the sky, as anyone who has been following CERP and its portfolio of marginal assets should understand by now.

Noviceinv

No I don’t what?

That’s how that RNS comes across to me - contingent and theoretical to say the least - so I have taken the profit on my spread bets. If leverage was ever appropriate here it doesn’t feel appropriate now. I still have 1.68M real shares.

Stach

“who made billions of pounds for his shareholders”

Have you ever worked your way through the TAQA Bratani accounts? They are available free online from Companies House.

TRP-BPC

“Let’s go”

You literally said yesterday: “The share price is not moving north until the drill is working”.

Classic AIM. But nothing removes the threat of a placing like actually doing a placing...

Rp11ace

As I said the other day, “Against this background [i.e. the threatened legal action], the pre-drill excitement trade is not the absolute belter it once was - there is now a wall of worry to climb for that particular payoff.”

This is what that wall of worry looks like. The local rampers want only to be told what they want to hear, but all they can do is hope that the Court is as dismissive of any injunction application as they have been (and that neither BPC nor the Bahamian Government have ****ed the approval process up in some way).

Harry

“WATCH THIS SPACE can't make it any plainer.”

You can though. You said “2.5 million shares will be sold first thing Monday in prob in a couple of tranches”.

Did you or didn’t you sell 2.5 million shares this morning?

Harry

Last chance. You said “2.5 million shares will be sold first thing Monday in prob in a couple of tranches”

Did you or didn’t you?

TRP-BPC

“Loading up
Today may not go up but tomorrow is the 1st of December it should start moving north For the expectation”

You literally said yesterday: “The share price is not moving north until the drill is working”.

Harry

You said “2.5 million shares will be sold first thing Monday in prob in a couple of tranches”

Did you or didn’t you?

Harry

So did you sell out completely this morning?

I hope he doesn’t turn negative on BPC!

Harryoffdock

“The activists are in for an hiding to nothing that won't stop the drill come December, what will is the cerps dead dog which is bleeding money right left n centre.”

You’ve got this round the wrong way.

I am not denying that CERP is something of a pig in a poke, but CERP is just a sideshow and while it may still be burning cash even at $45 WTI, this certainly isn’t going to stop the drill.

On what basis though can you say that the activists are on a hiding to nothing? We just don’t have the info. Are you sure that BPC or the Bahamian Government haven’t ****ed this process up in some way? If they have, we could find that the injunction is granted by the Supreme Court. The consequences of that hardly bear thinking about. Also, while I can’t speak for the Bahamas, we all know that in some countries proceedings in their Supreme Courts are as much about politics as the law.

All we can do is wait and see what unfolds next week. At some point BPC is finally going to have to state its position on these claims. Will that be the robust and reassuring RNS that we are looking for? Time will tell.

MR.Spacetomato

“we have so many day and swing traders on this board who certainly benefit from the wild fluctuations of the share price mostly caused by scare mongers who feed on the feeble holders by profiting from their fears”

And you think CarsCoffee is one of those? Anything is possible, I guess, but he certainly doesn’t work for the same MM as me.