There's that word risk again. Drawing a line in the sand, BPC is a company with other concerns not only P1. Investment to now is well and truly covered (someone please tell me I'm wrong ), its what time from now you choose to invest and your personal greed that becomes the risk.
For those in Ozzie enjoy. For us Boris at last notice has cut the reins to the reindeer, 5 days of xmas down to 1. 2 weeks off work ho ho ho just me and the misses. P1 might be the only sanity
Ross
Straight question deserves a straight answer, present position 2.87 mil at avg 1.75p. Im considering closing a few other positions (not my AML) Mon and topping up here with say approx 1.5 mil dependant on opening price. Where am I putting myself at risk. The potential of P1being a gain obviously.
Ross
No that not be the question or concern at all . I've invested my money into BPC the company What is the risk to me loosing my initial investment inn this company
Irene and Ross
Although you questioned the potential. I was hoping that you could explain the risk better.
Ross
For those that aint been doing the Hokey-cokey. Im all good on my position
Irene Thanks
Hence using the wording potential. In less than 10 weeks we shall know of the results of the test drill. Dependant on those results, if positive and going forward the SP has a potential of x10 . My post was more that I did not understand the high risk if P1 was to fail. The company has a back up plan ongoing that would in time cover Investment.
I must be missing something here. There is an opportunity to buy shares at less than 3p (luckily I've sat on most of mine @ 1.4p ) in less than 10 weeks from now this has potential of a return x10 great. If all goes wrong and once the SP settles say 12 months the other BPC assets will still be in place and developed to cover my Investment even more. So what's all the talk of risk sounds a no brainer to me.
The Daughter gets a house outright, if not still gets the Deposit.
Surprised if we don't see a bit of Volume going into close. Would hate to be there Monday morning chasing shares as the bit hits the sea bed,
The Contingency ,the extra covid monies, and the latest share issue bring us awfully close to the funds needed to carry on with a second drill. Watch this space
Bit Ironic really Don't want Oil but wants 1,000 cars to line up with their engines running in protest against Drilling
Looks like she's hit the bottom on present news. Now starting to head back up
The unnecessary Copy and paste failed to grasp the last few lines of the article.
Editor’s note: David Jessop is a consultant to the Caribbean Council and can be contacted at david.jessop@caribbean-council.org
The views and opinions expressed in the View from Europe are those of the author and do not necessarily reflect those of The Caribbean Council.
David lives in the UK. David is also a MOTB with the Caribbean Hotel and tourism association. David appears to right numerous articles for lots of people (suppose it's a living at the end of the day)
Good Interview. Much better when you listen to the two sides of the story ,back to back with the one where Nahaja Black interviews Eric Carey and Casuarina Mc Kinney-Lambert on the 1st December. Defiantly highlights that that they either don't know, or are willing to ignore facts of the upcoming drill ,very blinkered and misleading IMHO
I follow this Board as much as possible, some still have the mundane commitments of a day job. Got to admit its nice to pick up the phone, click on an app and see all the wise choices you've made nice and Blue (spring in the step, smile on the face and all that). At the moment, and this is only my opinion, We have a top of the range Rig (Icemax) heading towards the P1 site in the Bahamas to carry out a exploratory drill (fully funded ), its destination on file is Freeport by the 15th of December, so could be up to a week after which it arrives at Drill location (Potter did say in his statement end of December ). That to me is still two and a half weeks away, so the SP panic not really a concern, admittedly this threat of a injunction has as marred the build up and excitement we have been stripped of, but will soon hopefully be put to rest. To me the ships arrival was always only a milestone, the main event from the drill bit hitting the Sea bed, but then again some are here for the results, some here for quick gains that they feel rightly theirs on the quoted Spud date of the 15th of Dec. The Sales over the last few days I personally would prefer now, than when this does start to move (which it will ) thus leading to a one way climb the doubters gone, or back chasing. So yeah a lot of comments on here at the moment can be through frustration and disappointment from the build up that was expected, just have that cup of tea or what ever, and take the days as they come. This when it moves as we know can rather in than out.
As the article is from Oct 2019 and quite clearly hooked up to two tugs would say Maintenance or short term storage. Hope the next week with a bit of positive SP movement, we can clear the air and this Forum get back to opinions and discussion instead of this continual bickering Best of luck to all.
Sorry
Just breaking the Ice. Will let the squabbling continue Have a nice day (Sorry you most probably heard that before to)
You'll never get shares at this price again, when they've gone they've gone.
SP today ............
A good boat story for you .it ended happily ever after
3300
Yep Feel that AML will be one for the grandkids to remember me by (hence in ISA) the chance on this one is looking better by the day, and in only months have the out come Best of luck