Member Info for Shamima03

Here comes the MMs trying to hit those stop losses.
Hope no one has any!

*with good news!

Must be some form of rumour creating this rise!

Everytime we have had a rise like this, the days following an RNS has dropped without good news.

My moneys on a farm in!

The advice you give is great and much valued. Keep it up

I can see where you get your team ethic from ;)

IK. In all honesty i am hoping for some news like what you have mentioned. The market will panic and SP dip... which gives me another opportunity to buy.

I am in this to the drill so what goes on between now and June/July (results) doesn't really affect me. I do of course like to see it ticking along nicely as the higher it is now, the higher it will become!

Sorry if this sounds a little selfish of me. I do hope for the best for everyone involved especially for the LTH. Its great that a share is mainly owned by PIs too and not large firms playing the market as with others!

I agree IK. Lots of volume going through over 100 trades showing on here alone and its not lunch time yet!!
This will break 5p!

I have just pressed the button to top up my holding. A little more than i would like, but think the price paid today will be a small fraction of what this is worth in the coming days!

ATB

IK- you should get your cousin to look into that specialist guy on the ADVFN board.
He's completely destroyed what was a good forum.
I stopped going on but went on yesterday to see if he was still at it and hes apparently threatening to sell off millions of shares.
It amazes me the guy has so much time on his hands to do what he does.

Anyway all the best today guys, a big week this week!

Whistler- you are very much correct about this share will take over our lives.. if not already!
Things move so fast it almost becomes obsessive, constantly playing over different strategies and waiting on news.

Something like this comes along once in a blue moon, i would urge people to hold strong and keep an eye on the facts. MMs will try to play this anyway they can, dont get played!!
Plan a route but dont be afraid to deviate from it if the situation changes... because remember this is a make or break share from one single piece of news.

My biggest fear here is not losing my modest holding, but cashing in too soon and watching the share price rocket to life changing amounts (not that i am saying this will happen)! So you may be able to guess my strategy here... which has changed dramatically from initial investment!

Good luck all and strap in because we are in for a bumpy ride over the coming weeks!

Bapuk- i too was thinking what impact a farm in would have on the SP, however slightly disagree with you when you say it will have a negative impact.

Essentially a farm in would allow us to drill multiple wells... yes not at 100% ownership, but perhaps as can be seen as doubling out chance in striking the good stuff.

This is just how i see it playing out in my limited wisdom and could be completely wrong
How does everyone else see this?

Blissful- its been watching the plan play out which has made me completely gain trust in the board and makes me think that this drill will be successful.

Theres some experience in the crew here and 100m spent on appraisal of the well is probably giving us the best chance of striking here.

Very exciting times all!

Great analysis IK. I have watched this board for a few year while been a share holder and found it very interesting and insightful.
I wouldn't call myself “markey savvy” so i find it useful on hearing different opinions on news and events which can help me make an informed decision. But completely agree, you have to do your own research, but the BB helps build a bigger picture around that!

My strategy has seriously changed, i was thinking maybe top slicing in the run up but now i think i am all in on this. As people have said before this is potentially life changing, and i am happy to lose what i have for a greater gain in the long run. Just the gambler in me!
But i urge everyone here to have their own strategy as everyones financial situation is different.

I think the next few weeks is going to be an exciting time for us all, infact i am wishing the weekend away already.
I still think there will be ups and downs in this share, but with an overall steady climb up to the drill. And i for one will be trying to add during the dips!

Atb

Just been watching the video and i must say i am very impressed by Potter, Eytan and co on this
They have managed to muscle themselves into a position where a (relative) small company is holding all the chips here. It has been done quietly and in the background.

Last few months i have been frustrated by lack of newsflow given we are very close to the drill, but i think what they have done is very deliberate and worked hard in the back ground to get us where we are and released the right info at the right time.

I think at the moment this is the most optimistic i have been and i certainly think a farm in will be close and on good terms too!
They could of sold out early doors to a major but they have took a risk, backed themselves and put us in a stronger position to negotiate.

Hats off to all at BPC and lets hope they can continue this excellent business management- taking risks at the right time but also knowing when not to!

Atb

I think the ball is very much in BPCs court now. They have proven they can go it alone. And now its up to the majors to make their move

Either way we are drilling. I have always wanted a major on board, but now i am starting to greedily think we should be doing this alone ;)

Thanks ik
Be good to get hold of the presentation. Quite often they are released soon after

Was anyone at the presentation who can shed light?

Great post jim. And interesting take on farm in situation.

I did believe the farm in would be a case of who shows their hand first, and maybe this CLN will force the majors to play theirs!

I really dont see the point in following these type of people. Like you say just a copy and paste job which is dressed up a little.

If you stick to the facts, you will have a much better chance of success!

Aimofthegame- this is true, they dont. But for BPC the CLN is more than just a CLN!
Its another step towards the drill.

Funding is probably one of the most debated topics on here, and this just confirms we are funded for the drill, a major milestone.

So if you had followed this journey you would have known that this isn't just a CLN!

SP increase today + long awaited news expectation + speaking at an investor conference tomorrow = ?????

Lets hope we all get some good news in the morning, it would certainly feel like the right time to get it!

We will see soon
Atb

I agree. I started reading that board before this one and had to come off it. Its the same guy using multiple account
I haven't seen anything like it