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Zag nice average, but thinking more along the lines of a takeover if it happened. Would 1 billion MC look small in the event of a 1.4 b barrel find ?
Baring a leak mid Feb onwards
Zag, thats where many have gone wrong thinking little BPC are going to be producing. By Q1 of 2024 BPC will not exist in its current form. Strike dependent of course.
Tonsan, I like your thinking BHP 20 for 1, who would'nt bite their arm off ?
GG last i heard they were washing cars to raise funds
Sorry for the misunderstanding Harry, I thought there had been a crew change/
"surely any body language expert will be able to tell what the news is on P1"
Harry's wife is on it
They should have gone through enough targets now to know if they have hydrocarbons, its supposed to be a tight hole so no news until results.
Legalease I believe it is 6pm on Thursday 28th January.
Although that could be subject to change
Pappalazz, one of the leak rumours is supposed to have come from a minister, I do not know one way or another if there is any truth behind it. However the source has never been dishonest to the best of my knowledge so I am not calling it either way.
"such as ? they cannot disclose early news with contract can they ?"
Unless any leaks become public, then the onus is on BPC to let share holders know.
.
Did mine last Thursday, sold the last of my EDEN and took some profit from KIST
14-Jan-21 13:49:32 2.04 592,774
If Frankfurt, Roma, Inter and Leipzig all win today I will do another 500,000 on Monday.
Good post PoC
Work ???? No swearing please !
You know its Saturday right ?
No its Sean's day off
Bob Masters (Prolenses) is taking the Saturday shift with Irene and the two understudies TRP-noBPC and ThePole looking for promotion.
Personally think P1 has been played down (sensibly so) I am going for > 2 billion barrels.
Theres a ways to go though until those figures can be confirmed.
This past week saw a rise in the SP of 10.7% Monday - Friday
On a week with little news Thursday saw a good volume go through. BPC released a tweet at the close on Friday which to many has signaled confidence.
Tweet: https://mobile.twitter.com/BPCplc/status/1352645197520375808
On Friday we also learned that the court has allowed BPC to be party to the JV:
"The Supreme Court has granted Bahamas Petroleum Company PLC and Bahamas Offshore Petroleum Limited approval to be joined in judicial review proceedings concerning the government's approval of licenses for an exploratory oil well.
BPC has indicated it will be filing an application for security for costs."
And earlier in the week proactive published an article of interest to new investors:
Proactivehttps://www.proactiveinvestors.co.uk/companies/news/907872/bahamas-petroleum-awaiting-news-from-perseverance-well-907872.html?fbclid=IwAR3WPWz5OzsOo3MQ61wLYIaKS8szjDNqlSqVxJRtrGUvYAe29CSQlfOs7FA
This coming week 28/1/21 Simon Potter CEO of BPC is due to take part in a webinar which can be accessed here:
https://ondemand.webinarjam.com/trading-stocks-forex-etc/qyyvgs6yx-proactive-one2one-investor-forum-28th-january-2021
With the drill expected to come to an end on the 4/2/21 provided everything is to schedule, news could come at any time.
Monday 25th January - Friday 5th February will be an interesting 10 days of trading.
An exciting 2 weeks lay ahead for BPC holders with a huge future potential.
SP Angel:
“If successful, Perseverance-1 would be transformational for the company"
Personal Opinion: since the drill began I have believed these final 2 weeks will be the catalyst for the movement of the SP, Thursday and Friday of this coming week I believe will be the highest SP since November 16th 2020 (3.5p). And the following week the highest since 24th February 2020 (5.3p)
Looking forward to the next few weeks.