Member Info for spike912

Tico. Majors don’t do business in that manner, trust me. They would not be playing such games wasting valuable internal staff and resource (and cost) to see a bit of data to “fiddle” bpc. These companies do not work in the manner. They judge on risk reward. Look at MATD, shell have offered to (informally), to pay more for them once 6 wells proven. We will of course see.

Degsy, that could be PIs to be fair but I see your point. Problem is a lot of people felt it was a done deal and were throwing money at it. Personally I haven’t read too much into that trade, as if you also look there were a number of very big sells too, hence trading range we were in. Just my opinion

Scully, your a child. Why should I not hold a few I’m case something comes from the AGM? Is that not my own investment strategy? Is that not sensible after taking 90% if your holding out?! Clearly you are not an experienced investor and I resent your de ramp comments, maybe when you have had £15k wipes off your portfolio in an hour Friday you may well be in a position to comment. Simple fact is Bpc are only funded to end of 2018, no revenue and the $1mil would have been mostly spent already on staff, fees, MQ, legals, let alone now going forward with the begging bowl. If nothing comes end of September I will be fully out, as dilution will then be incoming.

I couldn’t give a toss about licenses...I am personally more worried that come three months we will be out of cash, with either huge dilution required to keep feeding the gravy train, or be sold off for next to nothing. Either way if no one steps up within the next three months the share is dead. Simple.

Read my posts along with others which will answer your question Anyway I’m still lost as to why you are so defensive over a company you don’t invest it and seem to post a hell of a lot when tot don’t hold here However we are all entitled to our views which should be and are respected. On that note I would prefer to leave it there rather than clutter the board with this matter.

Scully are you looking to invest here?

Emil 11...not sure what your point is to be frank but I assume you do not full grasp investing or trading, if someone sells, then buys back hour or two later it’s called trading to limit or recover losses. I have always been open with my position. Difference is I am a realist rather than fantisit on here making up conspiracies because I would rather bury my head and pretend it’s all good!

Scully, I think your taking a lot of this the wrong way, and some has been tongue in cheek. But I think many are just finding your “possibilities” rather inaccurate and far fetched from the facts we do now. A balanced board with varying views and thoughts is always a great thing on all boards, and we all learn a lot from each other, but for someone that isn’t and never has been invested in BPC and does come out with fantasies based upon little logic of the facts we do know, coupled with some sensible assumptions that actually credible sense, you do make a rod for your own back I’m afraid. If you don’t mind me asking are you looking to invest here?

Bongabob, sorry to hear that, never an easy pill to swallow. I have sold most of my holding at 2p and cut a loss abs have invested elsewhere to try make some short to mid term recoveries. I have left myself 200k shares here just on the off chance we have something positive post AGM or we spike on a false recovery. I do have to say after this one I will consider moving away from AIM

Scully so why do you feel the need to constantly post and offer your theories. Rather pointless isn’t it?

Na, I just think they got bored on a dress down Friday, and thought they’d have a bit of a laugh. We will get the deal Tuesday with the closing line of “we gotcha didn’t we”. Good old potter, little comedian

Do you know what as soon as I know read that back again I though s h1t that’s scarasam ;-) hahah. Sorry! If you don’t laiugh here sometimees you’ll cry lol it’s the only thing now that stops me crying over my losses ha

Longside, are you for real?! Let’s analyse that... 1. The NDA would have had a notification peiod prior to the end date to notify the other party of termination. This is common practice in all NDA and Contracts (that I have also been involved in) 2. Why would you end an NDA to let others into mix...hardly strengthening the position 3. Do you not think most people bought prior and they would drop 80% SP as a game to let mates in?! Really?! I really am now losing the will to live on this board with such fantasists on here. Open your eyes, accept your loss (as I have done) take your head out of the sand and move on

TicoR, no offer was ever made. This would have been noted in the RNS. Fact. Large majors don’t play games they buy or they don’t. Look at MATD shell for example have offered to pay more than they would now once de risked. The major walked likely because of the risk/reward compared to other explorers and opportunities in the sector. Any offer would have been noted through nomad. We are all speculating (me included) but I do know major has not extended the exclusive period, no offer was made, and BPC are now looking at other options....that is all we DO know.

I have to agree MP. Scully, you need to grasp this board and the current situation which I believe you have clearly done neither. I am not sure if your agenda here if you don’t hold but as many have said on here, and it is becoming very repetitive and tedious now....there is no deal, major walked. End of. Please can we now move on from your theories and speculation trying to tempt new investors in on pure fantasy

Elec, good to have differing views and respect those for all here but I really do think all these people that keep thinking they are still negotiating are clutching at straws, but i wish we weren’t

You wouldn’t terminate exclusivity to continue negotiation, fact. Your shooting yourself in the foot by letting other parties enter as you no longer have an NDA in place, weakening your position. If a major was on board BG would be on board imo. Speculation but I am convinced this is the major no other factors. If BG/EA was ever going to be an issue the major wouldn’t have entertained BPC. These talks would have likely happened prior to paying for exclusivity as there would be little point spending $1mil and 4 months and then find out you can’t do anything!

He’s a paid ramper that moves from share to share depending on his investment agenda and who is paying with him. I personally treat Malcy blog with little notice

*scully (sorry iPhone!)

Sickly they didn’t end it early as any Contract has to end on its signed end date. It is likely the NDA had a 7 day notification period before expiry date