Member Info for SPECIALIST1

Good post and agree on EIA and the other points.

If a partner is going to be a realistic outcome you will hear about it within 3 months as all obstacles are effectively removed. My view at this stage 80-85% chance of a deal with major so with the stock at 3.6, short term downside 1-1.5, upside up to 12-15 and a 80-85% chance of 12-15 the LONGS are sitting in the drivers seat. Any short term weakness over the next week or so is purely noise.

Thanks Barnaby for your kind words. I have them in seven figures (shares not monetary value :)) as well and between 15-20 will probably lighten to around 20-25% as if they miss I still want to have made a very healthy profit. I have Interests in other areas so 80% at 20 will let also allow me to increase risk elsewhere while maintaining a similar overall level of risk.

Agreed and we all know that it needs a farm in deal to sustain the momentum and to move it further.

There was a reason for that move = 7 to 1 - at the moment it looks like more than 1 to 7.

On a risk/return basis you have a better chance on the 911 than the beaten up motor but remember you have always to make your own investment decisions. I purely express my opinions like others here and they might prove to be right or wrong.

Nope it will not - Probably will not go below 2.7-2.8 until we hear of a farm out deal or a lack of it. It will only move then

That is fair comment - I invest about 20% of my holding in risky assets which aim is part of it but different strategies suit different investors. However if you rarely invest on IM or risky stocks then your knowledge is more appropriate to more big cap stocks as opposed to micro caps or risk assets.

You are absolutely right on the drift and while I said the new equilibrium to be around 3 I can easily see this going to 2.5 in the absence of any further news over the next few weeks. Not only this is not deramping - deramping is a myth for the uneducated and amateurs. The market is the amalgamation of all knowledge and all investors - one or two or however person deramping or putting false information out in the longer term has "0" effects on the fundamentals of the company and that is the only driver of a stock longer term.

They would not have extended the license and given the rights to another party if BPC could not prove that they are close to am imminent deal and that their data provides strong evidence of wealth for the country. I donot care what the government says about the point of law - 1) BPC didnot have the financial resources to litigate neither would the PI shareholders given a lack of institutions here and in any case the BG does what they want to do. A deal is imminent - the data points are strong and someone who knows capital markets very well - this is going to happen one way or another. There will be a farm in deal in my view - what they find is more uncertain at the moment.

Yes - it is 5% up and we have hit a WALL. Must be like the non-existant "Wall" that the Trumpet thought Mexico was going to pay for.

Thanks volcano for the comments and you are right - it might be red tomorrow as the stock finds it new equilibrium which will eventually be above 3p. However, whether you like it or not, all datapoints indicate that the chance of a farm in deal is much greater than nothing happening. It might take a few weeks or more but it will happen. Therefore in a risk/return basis of 1 or 12 at 3.5 only a fool, a man with no money or a gutless investor will not be LONG the stock. I am not saying that you are one of them but when you are so WRONG it is the duty of the SPECIALIST to educate and correct. There is no need to thanks me but if you decide to BUY and when you are sitting on a 5 bagger I do expect a 15% cut or the boys might come knocking :)

Malcy is s CLOWN. he is no expert. There is only 1 person which fits all the attributes of an expert and that is your favourite Specialist. This stock is going to double figures - stop wasting time arguing and just enjoy the ride.

iNto the close. Currently bid 3.6 but I know it will be 3.8 by close.

A deal will be struck. There is no ifs and buts on that in my view. I am more concerned about exit strategy tumblr big and percentage to sell at various announcement of events. Therefore everyone here will see double figures - you should be thinking of what is the next step for your investments.

De ramping is irrelevant to share price movements. People who say otherwise are the amateurs who think by talking up a stock it will make it true and are fearful. Everyone can post their opinion no matter how positive or negative. Amateurs.

I will be happy with anything over 12.5%. 20% free carry and we will be. At 15-20p before drilling given the 1-3bn potential barrels of oil.

In auction again. Coming out at above 4 hopefully

3.85-4. We are rocketing

Hahahaha hahahaha. Even better than any of my posts. “Have left a sell order for a 1/4 of my holding at 16p”. Brilliant. Genuinely hope so. I will buy another holiday property in Italy with that one. In any case, It is great to have a stock like this and n your portfolio. It brightens the day :)