Member Info for Scully12345

Spike I'm sure your post sounded good to you but you sound like someone who's driven by his emotions and can't stand a different view point to his own. The share price could go up or it could go down - I have simply offered a different view to your own and you've dismissed it as being invalid because it doesn't match your own and that of your small clique of peers on here. So you've been on this board longer than me and this means I'm not entitled to my opinion which you dismiss as fantasy. I think your interpretation of what may happen next is valid - it may go to 1p or below. So why can't you accept my opinion? I will tell you why - you have confirmation bias and have sold 90% of your shares so the share just must go down now mustn't it. And I have nothing to apologise for whatever happens here.

Yes the CEO has a lot of skin in the game and wouldn't accept a poor offer IMHO. If the major was out of negotiations with BPC as Closettrader said the RNS should have read along the lines of "X has now withdrawn from negotiations regarding Y and as a result the current exclusivity agreement will end on Z".

Spike is the clown - he's filtering lots as the deramper waits for his 1.4p target buy and he can't stand a different opinion to his own. He's frustratation comes from his unwillingness to explore possibilities beyond his own blinkered views. I hope for the genuine long term holders here that his target of 1.4p doesn't come. It's the lowest of the low who starts to deramp a share when he's pretty much out of it. He can't stand the thought of the company doing well since he sold 90% of his shares. He can't stand the possibility of his decision being wrong.

Brainer - placing on Tuesday RNS lol lol you're funny as if

Jimtheknow if course the talk of manipulation is not pure fiction. Are you new to AIM casino lol?

Haha no worries lol

Edgar from 3.36pm today please check Closettrader's post (first paragraph): "Just to throw another conundrum into the ring (as well as the reduction in Potter's salary to help the farm-in negotiations as announced just a few weeks before the latest RNS), in my 10 years or so experience of following shares a cessation of interest between 2 parties would normally be announced along the lines of 'X has now withdrawn from negotiations regarding Y and as a result the current exclusivity agreement will end on Z'. However, here the RNS has just stated that the exclusivity agreement has ended leading to much speculation as to whether the oil major has withdrawn completey. Red herrings leading to SP manipulation?  I do recall a situation a few years back with this share when the Environmental Licence was (even then) being discussed and the Environment Minister was making all the right noises and the share price was pretty buoyant (around 7p I think) - an article was then released in the Nassau Guardian where the Environmental Minister at the time stated that the risks of pollution from offshore oil drilling were too great and the BG would be against any oil exploration - the share price dived.  I have found in shares that generally the bigger the prize then the greater the manipulation.  For investing in AIM you have to be a combination of a detective and a soothsayer, working with the scraps of information (and misinformation) that can be researched and are given out by the Companies involved.  As a last teaser it is interesting to note that in March 2011 45 million pounds was raised at a share price of 18.75p for 3D seismics,etc. on our licence areas after which we had 1.1m shares in issue. We now have 1.5m shares in issue - less than a 50% increase in 7 years. Admittedly the oil price then was about $110pb (now its $66pb) but someone was pretty interested in backing our licence......................."

Edgar if the major had ended negotiations the RNS would have stated this

Edgar I know it's waive, that's why I put "wave" in quotes - I was referring to Longside who didn't know how to spell it properly earlier

Oh dear Spike that's even worse then. You're assuming there wasn't a prior agreement - i.e. if the parties had previously formed an agreement about contract termination lol

Spike what a silly sweeping blanket assumption. It sounds like you don't understand contract law.

Don't be lazy Longside - read through my comments. I can't repeat them just for you now can I. It isn't fair on the others

Longside old bean - why don't you tell us why the major didn't "wave" the exclusivity agreement with immediate effect lol

Spike if you honestly believe that then you'd pull the rest of your money out and wouldn't even consider reinvesting at 1.4p. You're full of it and deramping based on what I know of your previous posts.

Edgar can you please clarify exactly what you mean by "major has walked away"? Do you simply mean they've not extended the exclusivity? Do you not accept the BPC coud have rejected a low ball offer?

Edgar no-one but the BoD know if they're in big trouble or not...the RNS had more holes in it than Swiss cheese. It needs a clarificarion RNS. For all we know there could be a deal struck next week - they could actually be in final stages of negotations with the major. The reason why thst pleb has filtered me is he has confirmation bias
He's sold his shares at what may or may not be the lowest point. And has now transfered the responsibility of his investment decision onto the company rather than himself..in other words he's sold on Friday and now would hate to see the company do well. It's posters like this who lack intregrity and can't stand a different viewpoint than their own

Edgar since it's right there in the RNS - we can assume by "well financing options through to completion" BPC know they have enough cash to take them through to completion of financing.

Edgar - well financing options through to completion.

Spike I'm sure if you do get your 1.4 re-entry you'll be interpreting that RNS differently and once again singing a different tune ;)

Spike nice cop out with your "Read my posts along with others which will answer your question" I have and they don't. Anyway you made the accusation. Maybe don't make sweeping general statements claiming people are fantasists can you can't substantiate.