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Great interesting post Starchild.
Another disappointing morning not getting news. I agree it will be more likely Tuesday we hear anything now
Atb
I was wrong about the RNS this morning, however i think Friday could be the day.
Although if theres not, i think there will be bigger things at play in the background with deals been made!
Either way, we are getting closer to the big day! And thats one thing we can all agree on!!
Atb
You wont need an overdraft come June when we hit the black gold! That is if you stay in!
I was hoping for a bit of news too today.
However the more i think about it, they are possibly getting a Farm in deal over the line. I always said it would come down to the wire, and i think we are on this wire right not!
I think i have just been reading too many of his posts!
Not a bad thing to be like bonum. We should all have a little bit of bonum in us ??
And a strong close it was!
Bring on tomorrows RNS
I expect a strong close today!
BPC have of late always released news in RNS form on a thursday. (A tactic?)
People will know this and i expect some strong buying into close and theres an expectation for news tomorrow morning at 7am
Rig confirmation almost a certainty imo. Unless theres something bigger at play i.e farm in
Atb
I think we may see our usual Thursday RNS. What that will look like can be a multitude of things.
Rig confirmation is my bet!
I really do hope so Tilburn.
But when i heard Corona beer reported losses of 132 mil because of the virus. I lost all hope in people of the world of having any sort of rational decision making ability!
We said this last month... 5% growth per day... and then the markets took a hit and so did we.
In an ideal world i would love 5% growth per day, but i would urge everyone to be prepared for more ups and downs pre drill.
The markets are a long way from recovered here! Strap in everyone
Dow up 5% in one day... the highest ever recovery
Central banks pledged to prop up economies
China closing pop up hospitals as people recover
Lets hope this is turning itself around, and multiple RNS due with good news should accelerate our SP!
Is fatal the specialist from the ADVFN board?
Chinese markets closed higher for the first time overnight and Dow looking like it will open higher.
Hopefully things will rally today
BPC is very much a fiat PUNTo
But now everything is in ford TRANSIT.. when we strike we can have a ford FIESTA in seat IBIZA!
And thats me signing off for the night ;) See you all in the morning for what will be an interesting week!
I agree with whistler here. Although the market is over reacting.. the virus does have a knock on effect when china and other areas have locked down certain places.
As an example... my company takes deliveries from china of electronic devices (i wont go into detail). At the moment all there are major delays at ports and where they are manufactured because of the virus and quarantined areas.
This is turn has a knock on effect for my business... which further has a knock on effect to my distributors.
This is only a small scale but times this by thousands of businesses and quantities much larger and you have a massive economical knock on effect.
Money tightens up and when that happens investing will stop for some
Tilburn- good and fair point you have raised as things are getting a little late in the day for such major developments like this
However my take on it is that there are several majors interested who will have already done their due dilligence and are posing final offers to BPC which can be then signed on acceptance.
I may be reading between the lines too much on what Eytan was saying on the podcast, but that is my take.
The problem is we dont know how far down the line discussions are... it could be in its infancy but then again there could be deals on the table right now that are ready to go.
Only time will telL
Atb
Without the coronvirus affecting the markets?
SP of 6p imo, just on the way things were trendin
Fatal- do one mate
Bonum is a great contributor to this BB. At times we need his positivity to get us through rough times
By all means i dont mind hearing a counter argument and infact enjoy the debate.
But dont single out one poster please!
We are all in this together! Atb
Sea of blue buys coming in!
How much longer can the MMs hold this back?
The corona virus is purely just an excuse for them here. How can they possibly fill these buys.
Anyway off to the pub to let it all blow over!
Atb
The only way i could see the travel ban affecting BPC is if there is some operations critical contractors or equipment coming from China
Every company in the company has a risk profile and will emergency plan for scenarios like this.
Not saying BPC does have contractors or equipment that may be affected by this. But if they do i would think they would have a back up plan in place