Well all appears to be back on course after a few days of interference by the Bears, be it that the publicity may only but push this Stock forward and gain further interest. There has been forecast figures thrown out there of the SP at Spud, I have my own opinion on this (I'm expecting to be shot down on this though) and 12p I feel conservative. My take on this. Say on the lead up to the milestone date of spud being the 15th of Dec ( could be say .07p), you will have people up to this point happy with profits and slice or sell, the spud only resembling a stepping stone to the main prize (Drill a full success 35% COS quoted success min 36p) these shares will only be swallowed up by people missing the first money making opportunity, and taking odds going forward at a min 3-1 chance to 36p I see the hold point at 12 to 15p around 2 weeks after spud . At this point it will depend solely on the hype at the time. We must not forget are now CERP assets running in the background this maybe a very good investment . Thanks for all the great DD from the regulars one here over the last few days for keeping the calm.
PS misses back looking at Motorhomes
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Ross
Thanks for the reply, reading back over what you're saying correct me if I'm wrong, the COS being quoted 35% is one of best case scenario thousands of bpd, the chance of oil discovery of commercial value be it less could be significantly more so may be 50%. Only ask as my early days I lived in Perth WA family business was Wells and bores (water). Perth sits on a basin, so drilling and pumping water from bores was the norm before land development and such things as mains supply. I know the comparison between oil and water may be a mill miles apart, but the thousand gallons an hour to the inland Market gardener meant hell of a lot more than the Billionair getting 3000 gah living on the Swan River watering his few pot plants. All Im getting at, the bounced 35% success( understand Fantastic/ Beverly Hillbillies ) is it that the other 65% is no oil at all, or less than was wished but still worth while.
Excuse my lack of knowledge on this point but seems a good time to ask. The given COS be it 10% or 35% is that based on total failure or expectations be it that oil is found but not in the quantities expected
Thanks Jolly, Argh the deposit these days appears to be the dads responsibility so will happen either way (saves on wrapping I suppose )but the motorhome would be nice. Several positions open ups and downs (bloody virus /bloody US elections ), but this one now just a pleasure. Best of luck to you ,with the rest of the normal life being pretty **** at the mo, ain't this just a great pick me up being here.
Krappp looks Like I messed up to sorry, didn't realise that you had to sign up with LSE before investing in BPC. It was after a month or so and the SP looking grim, that I needed some other opinions other than my own and I came across this Board. Thank god I didn't read anything from yourself first, it has been people like Starchild and many other positive people on here that do spend a hell of a lot of time putting forward their detailed and researched opinions that not only gave me comfort but led the way to me topping up along the way. Irene please honestly tell me now that with my main avg of 0.014 ps and 2.5 mil between my wife and I (another apology she has no LSE sign on either) that we have been stupid. Come Xmas Im looking at being able to give my Daughter a deposit on her first house and afford a nice Motorhome for me and the misses (10 p pre Spud) still leaving a mil shares to go through for results. Irene I have excitement and dreams leading up to Xmas what have you. Just buy a few shares get on board and enjoy the ride even if you hate money give it to charity. To everyone else Best of luck and have a fun over the next few weeks.
Streuth people, Been following this Board for a while, got to no most you by now and which way you sway. Luckily I got in at 0.14 (and on the large for me ) so since its been nothing but blue, and may it stay that way. Hat goes off to Willec love to have a pint one day, not only the glass half full but permanently over flowing. Its AIM, its gamble, its a dream, (mine is for my kids). After 40 years self employed in the Construction Industry my pension wasn't going to cover a decent send off, never mind make a difference. Full respect most on here, I can understand for a lot its been a long haul and frustrating as hell, but lighten up the spud is coming, Its your time, enjoy the next few months you deserve it. With a positive mind set 8-10p pre-spud on good results, it won't stop as a one trick pony but merge into more drills so yes £1 on prev £1 a bit too, far but 2022 you never know.
Got to stop the Negativity on here though as for any new investor doing a bit of research don't look good. All the best to all
PS Could be worse a few of my positions I have to venture into Stockwits that is an eye opener
I’ve only been invested in BPC since March.Have been following this board since, the obvious intellect of people on here way above us simple folk.That last post from P.I explains the funding in laymen’s terms if your still struggling maybe I’m not that thick after all. Personally think all is good,I may not have as much money to loose as some on here, It’s seems a dam good chance no regrets
Hi
Sitting here invested in AML strange that Kodak was brought up as have been following the US Bio wars since Feb, good returns to be made (when they fly they fly). Just a hint if anyone interested I’ve been sat on Ibio for a while it’s going to get interesting in the next few days, of course do a bit of DD but deff worth a look