Member Info for Starchild

Rp11ace:
Xmas 2020: Various opinions have floated around, however we should wait till next week after the votes. Currently all the balls are in the air.
Xmas 2021: If loads of oil is found and proven as reserves and IF quality good and IF etc etc including PoO at $50-60: £1 is not impossible. Assuming a major hasn't bought us out.

Starchild

Starchild

Good morning everyone

I’m in a happy mood as I purchased more shares in BPC and CERP yesterday. Even if the price goes down until the votes, I personally believe things will be substantially improved for all shareholders when the yes vote goes through.

I was not playing possum yesterday, however I decided to avoid posting anything more last night on the emotive matter of the merger.

HARRY: let’s move on. What will be will be. I looked back at all my posts since June and the only one I regret was implying the potential use of a GERBIL in one of my put-downs to you. That was a bit below the belt. Sorry, man-hugs and sweet wet kisses in a slurpy puppy dog platonic kind of way.

Starchild
xxx

Good morning everyone

I’m in a happy mood as I purchased more shares in BPC and CERP yesterday. Even if the price goes down until the votes, I personally believe things will be substantially improved for all shareholders when the yes vote goes through.

I’m was not playing possum yesterday, however I decided to avoid posting anything more last night on the emotive matter of the merger.

HARRY: let’s move on. What will be will be. I looked back at all my posts since June and the only one I regret was implying the potential use of a GERBIL in one of my put-downs to you. That was a bit below the belt. Sorry, man-hugs and sweet wet kisses in a slurpy puppy dog platonic kind of way.

Starchild
xxx

FAKE news about 'huge placing' by Bully1985 and others

Bulll1985’s posts since appearing on the CERP and BPC BBs are unfounded, misleading, FAKE news and designed to scaremonger people with the threat of a massive dilution. He has no shares in our company and wants the BPC SP to flounder so he can buy in. As such he is bombarding this BB 7 days a week with the support of 4 other regular de-rampers, who are feeding off each other. Two of these de-rampers have been suspended in the past.

Here are his posts, some totally absurd:
1. 15/7/20 15:10…..’ For disclosure - I probably would rebuy at around. 1-1.5p as worth a flutter at that price (with some more disclosure from the BoD). Is that selfish that I don’t think the SP is good value at 2.5-3p???.’
2. 13/7/20 23:09 …..’ So I have zero invested. No reason to lie. No bias. You have capital invested. Every reason to lie. Complete bias’
3. 13/7/20 18:17 on TXP BB … ‘I was in CERP but sold up following the merger - didn’t like it.’

Currently there are approx 2.4b shares. Following the merger there will be approx 3.3b including 80m shares to pay off a CERP loan and NOT the 500m FAKE news he posted last week. The BoD’s wish to have 10 billion shares approved is NOT because of some cunning secret plan to dump 6.7B shares on the market at a massive discount of 1.27p to the current price of 2.5p as he implied. It’s a visionary move by the BoD to have the legal structure in place for the future. If BPC Bahamas acreage is eventually proven to have 2billion barrels of oil in 12 months, the BPC market cap will be in the billions. It means BPC can merge or takeover other small explorers or producers in the region and use the unallocated billions of shares to do so.

Warning: Always DYOR. Never trust apparent experts (including me), especially if they are shorting a stock by bombarding forums with page upon page of negative opinions. Who in their right mind would constantly talk a share price down in a company they invested in? Why would they spend many hours doing so? Is it out of public service as unpaid volunteers to help others or for their own manipulative objectives? Always click on the name of a poster and check the links and research s/he has provided. Better still get independent professional advice. I am starting a campaign by lobbying my many political contacts to get these forums regulated to avoid unsophisticated private investors who occasionally read BBs, getting fleeced.

Starchild

r1ck5-focus: Thanks we were aware of this since sunday evening after PM Minnis' speech. Not sure if this creates a problem for spud in Dec 2020-early 2021, especially as a lot can happen till then..... (a) we have a force majure event anyway (b) good news today re vaccine see https://www.bbc.com/news/uk-53469839 and (c) the spud although in Bahamas waters is practically on the northern coast of Cuba.

i hope for the sake f the world a vaccine can be proven to work

keep us in formed

Starchild
xxx

How can Bully1985 and Harryoffdock dare to show their faces on this forum without shame? Based on Fake news or manipulating this forum (and the CERP one) for personal gain?

Pumpanddump: I agree it has been a shocking week caused by short traders wanting to spook investors who managed to get the share price down. They succeeded. However I just bought loads more shares in both BPC and CERP. NEXT WEEK after the votes for the merger when it goes through will be interesting.

Hallowed: I do not disagree with you, however companies during merger/takeover are limited what they can disclose. I am sincere, and believe these forums should be regulated.

Dear LSE

A handful of people have hijacked the BPC and CERP forums and are feeding disinformation, FAKE news to mislead persons for personal gain. This includes one person who has been brazenly posting messages despite being banned on several occasions; and another who has admitted some of the above and got suspended with a slap wrist.

I could start a totally absurd rumour that Simon Pott+r BPC’s CEO is in fact the Antichrist and Leo Ko+t CERP's CEO is actually an alien being from planet Zob in the Andromeda galaxy. After starting this absurd rumour to short the SP for personal gain, fuelled by 4 other co-conspirators with the same objective, we could all demand formal proof from the companies that their CEOs aren’t Mr 666 and Mr ET. Clearly because the ridiculous rumour cannot be disproved, is no excuse for bombarding the forum with even more fake news based on this preposterous claim.

I recommend LSE takes the unprecedented step as permitted in its terms and conditions, to suspend this forum until the CERP AGM Friday. In my opinion, BBs such as these should be REGULATED especially during a takeover/merger when the BoDs are limited to what they can disclose based on rules, regulations and the law. I will use my political connections to lobby same.

A copy of this message will be sent to the LSE help desk and both companies involved within the hour.

Respectfully,

Starchild

FAKE news about 'huge placing' by Bully1985 and others

Bulll1985’s posts since appearing on the CERP and BPC BBs are unfounded, misleading, FAKE news and designed to scaremonger people with the threat of a massive dilution. He has no shares in our company and wants the BPC SP to flounder so he can buy in. As such he is bombarding this BB 7 days a week with the support of 4 other regular de-rampers, who are feeding off each other. Two of these de-rampers have been suspended in the past.

Here are his posts, some totally absurd:
1. 15/7/20 15:10…..’ For disclosure - I probably would rebuy at around. 1-1.5p as worth a flutter at that price (with some more disclosure from the BoD). Is that selfish that I don’t think the SP is good value at 2.5-3p???.’
2. 13/7/20 23:09 …..’ So I have zero invested. No reason to lie. No bias. You have capital invested. Every reason to lie. Complete bias’
3. 13/7/20 18:17 on TXP BB … ‘I was in CERP but sold up following the merger - didn’t like it.’

Currently there are approx 2.4b shares. Following the merger there will be approx 3.3b including 80m shares to pay off a CERP loan and NOT the 500m FAKE news he posted last week. The BoD’s wish to have 10 billion shares approved is NOT because of some cunning secret plan to dump 6.7B shares on the market at a massive discount of 1.27p to the current price of 2.5p as he implied. It’s a visionary move by the BoD to have the legal structure in place for the future. If BPC Bahamas acreage is eventually proven to have 2billion barrels of oil in 12 months, the BPC market cap will be in the billions. It means BPC can merge or takeover other small explorers or producers in the region and use the unallocated billions of shares to do so.

Warning: Always DYOR. Never trust apparent experts (including me), especially if they are shorting a stock by bombarding forums with page upon page of negative opinions. Who in their right mind would constantly talk a share price down in a company they invested in? Why would they spend many hours doing so? Is it out of public service as unpaid volunteers to help others or for their own manipulative objectives? Always click on the name of a poster and check the links and research s/he has provided. Better still get independent professional advice. I am starting a campaign by lobbying my many political contacts to get these forums regulated to avoid unsophisticated private investors who occasionally read BBs, getting fleeced.

Starchild

Bulll1985’s posts since appearing on this BB are unfounded, misleading, FAKE news and designed to scaremonger people with the threat of a massive dilution. He has no shares in our company and wants the BPC SP to flounder so he can buy in. As such he is bombarding this BB 7 days a week with the support of 4 other regular de-rampers, who are feeding off each other. Two of these de-rampers have been suspended in the past.

Here are his posts, some totally absurd:
1. 15/7/20 15:10…..’ For disclosure - I probably would rebuy at around. 1-1.5p as worth a flutter at that price (with some more disclosure from the BoD). Is that selfish that I don’t think the SP is good value at 2.5-3p???.’
2. 13/7/20 23:09 …..’ So I have zero invested. No reason to lie. No bias. You have capital invested. Every reason to lie. Complete bias’
3. 13/7/20 18:17 on TXP BB … ‘I was in CERP but sold up following the merger - didn’t like it.’

Currently there are approx 2.4b shares. Following the merger there will be approx 3.3b including 80m shares to pay off a CERP loan and NOT the 500m FAKE news he posted last week. The BoD’s wish to have 10 billion shares approved is NOT because of some cunning secret plan to dump 6.7B shares on the market at a massive discount of 1.27p to the current price of 2.5p as he implied. It’s a visionary move by the BoD to have the legal structure in place for the future. If BPC Bahamas acreage is eventually proven to have 2billion barrels of oil in 12 months, the BPC market cap will be in the billions. It means BPC can merge or takeover other small explorers or producers in the region and use the unallocated billions of shares to do so.

Warning: Always DYOR. Never trust apparent experts (including me), especially if they are shorting a stock by bombarding forums with page upon page of negative opinions. Who in their right mind would constantly talk a share price down in a company they invested in? Why would they spend many hours doing so? Is it out of public service as unpaid volunteers to help others or for their own manipulative objectives? Always click on the name of a poster and check the links and research s/he has provided. Better still get independent professional advice. I am starting a campaign by lobbying my many political contacts to get these forums regulated to avoid unsophisticated private investors who occasionally read BBs, getting fleeced.

Starchild

'Stick to discussing the investment please!'
NOT with someone who has to use different aliases because of allegedly having been banned from the LSE forum several times!

1. I assume BeObjective is your latest re-incarnation, the previous ones being Bonum, MANTAS, Ironside1 and CBCB1 CONFIRM or DENY.
2. Why the alleged suspensions?

ANSWER the questions. You have no credibility in your ridiculous arguments.

I ask anyone reading these posts for the first time to click on my name for various opinions I have given over the last few weeks. Always be weary of short sellers, especially those that have been suspended. DYOR

Starchild

Irene, I sense some jealousy in your latest de-ramping posts because of my comment……. ‘ I think the bubbly Christine Corrado did a very professional job hosting the [BPC Eytan Uliel Webinar] event’. There’s no need to be catty on this matter.
I’ve already said I’m NOT interested in you as I’m happily married. Please be frisky with someone else. Just because you are less brainy, less good-looking, less bubbly than Christine (and wear a monocle instead of really cool blue Gucci designer glasses), doesn’t mean it’s impossible to find someone. There are many (star)fish in the water, nonetheless you have a greater chance of success if you use milk instead of cheap gin on your cornflakes in the morning. This may also result in more cerebral posts on this forum. Despite all of this, I still think you are a lovely person and my CERP sister of course. Be nimble.

Have a great day

Starchild
xxx

Re Bully1985's post... I quote....
'As I said in an earlier post - buy and trade the news, don’t just buy and hold. If the evidence points to a dilution don’t invest yet - wait until after the dilution and re-evaluate if it represents a good entry point. If a farm in is announced, re-evaluate and decide if it’s now represents a good value entry point. Trade the news my friends and always be prepared to re-evaluate - don’t just hold your shares aimlessly.'

My translation: 'I am Bully1985 and admit to having has no shares in either BPC or CERP. I will spend every day bombarding BPC and CERP forums with fake news and misleading posts shorting the stock, so I can buy BPC at 1.5-2p. I will do this even after the merger announcement.'

Bonum

I assume BeObjective is your latest re-incarnation, the previous ones being MANTAS, Ironside1 and CBCB1. Leaving personal insults against me to one side, kindly confirm or correct me if I am wrong.

Why don’t you just state your real issue rather than all these smoke and mirrors which created so much friction, ill feeling and got you allegedly suspended for fake news and bombarding the CERP forum with it.

I believe your core issue is you want the Bahamas Drill to be a binary result. A flick of a coin to win huge or lose big. You don’t want the CERP merger because….
(1) It will dilute the huge win (ROI) and you don’t care it may protect everyone from an almost total wipe-out in the event Persv-1 is a total duster.
(2) It will affect your medium term trading strategy to (buy/sell/buy/de-risk etc) until spud.

Or
(3) You de-risked soon after the merger announcement, lost a lot of money and now want the SP price lower to buy in again.

Just be honest. Thank you.

Starchild

Bonum

I assume BeObjective is your latest re-incarnation, the previous ones being MANTAS, Ironside1 and CBCB1 1/7/20. Leaving personal insults against me to one side, kindly confirm or correct me if I am wrong.

Why don’t you just state your real issue rather than all these smoke and mirrors which created so much friction, ill feeling and got you allegedly suspended. I believe your core issue is you want the Bahamas Drill to be a binary result. A flick of a coin to win huge or lose big. You don’t want the CERP merger because….
(1) It will dilute the huge win (ROI) and you don’t care it may protect everyone from an almost total wipe-out in the event Persv-1 is a total duster.
(2) It will affect your medium term trading strategy to (buy/sell/buy/de-risk etc) until spud.

Or
(3) You de-risked soon after the merger announcement, lost a lot of money and now want the SP price lower to buy in again.

Just be honest. Thank you.

Starchild

Melbana Energy is a very small Australian oil explorer with operations onshore in northern Cuba, relatively near to our Bahamas spud! It is listed on the Australian stock exchange (ASX). In the space of a 10 weeks, its price tripled from .003 to .009 (24/4/20 – 8/7/20). Refer to chart. https://www.asx.com.au/asx/share-price-research/company/MAY

For background info see: http://www.melbana.com/site/cpfile/c0c9c68f-0776-4b3b-832a-72798d28a7e3/20191118Cuba3rdOilandGasConferencePresentation.pdf Nov 2019 PowerPoint 14 pages.

Why did this surge in SP happen? Because of a Farm-in with an African oil major, despite low PoO and despite the Covid-19 pandemic. Refer to RNS http://www.melbana.com/site/cpfile/edfbccb6-6c23-4adf-b6a3-5cc9665b5a54/MAY_2238765.pdf
What’s interesting about the RNS is it spells out the deal with the key point being Melbana got a substantial refund of its expenditure to date in return for DILUTING its future profits NOT its shares. In fact the shares tripled.

Assumptions: I suspect BPC has had farm-in offers over the years by super majors, however on punitive terms which the BPC BoD have rejected as it was not in the interests of us, its shareholders. I further believe there is the possibility following the CERP merger, we can get a farm-in or JV partnership for either the huge Bahamas potential and/or for CERP assets. Either would generate cash, fund Persv-1 and other objectives as shown in slide 7 of last week’s presentation https://www.proactiveinvestors.co.uk/upload/SponsorFile/File/2020_07/1594898738_Proactive-One2One.pdf

Key takeaway: scaremongers on this forum some of whom have no shares in BPC/CERP keep bombarding us daily about DILUTION using fake news and misleading posts in an attempt to lower the BPC SP to 1.5p-2p for personal gain. However, as demonstrated by the above mini case study, dilution in the form of sharing future royalties can triple the market cap, triple the share price and give the oil explorer involved a chunk of cash. (BPC has spent approx $100m so far)

Starchild

Melbana Energy is a very small Australian oil explorer with operations onshore in northern Cuba, relatively near to our Bahamas spud! It is listed on the Australian stock exchange (ASX). In the space of a 10 weeks, its price tripled from .003 to .009 (24/4/20 – 8/7/20). Refer to chart. https://www.asx.com.au/asx/share-price-research/company/MAY

For background info see: http://www.melbana.com/site/cpfile/c0c9c68f-0776-4b3b-832a-72798d28a7e3/20191118Cuba3rdOilandGasConferencePresentation.pdf Nov 2019 PowerPoint 14 pages.

Why did this surge in SP happen? Because of a Farm-in with an African oil major, despite low PoO and despite the Covid-19 pandemic. Refer to RNS http://www.melbana.com/site/cpfile/edfbccb6-6c23-4adf-b6a3-5cc9665b5a54/MAY_2238765.pdf
What’s interesting about the RNS is it spells out the deal with the key point being Melbana got a substantial refund of its expenditure to date in return for DILUTING its future profits NOT its shares. In fact the shares tripled.

Assumptions: I suspect BPC has had farm-in offers over the years by super majors, however on punitive terms which the BPC BoD have rejected as it was not in the interests of us, its shareholders. I further believe there is the possibility following the CERP merger, we can get a farm-in or JV partnership for either the huge Bahamas potential and/or for CERP assets. Either would generate cash, fund Persv-1 and other objectives as shown in slide 7 of last week’s presentation https://www.proactiveinvestors.co.uk/upload/SponsorFile/File/2020_07/1594898738_Proactive-One2One.pdf

Key takeaway: scaremongers on this forum some of whom have no shares in BPC/CERP keep bombarding us daily about DILUTION using fake news and misleading posts in an attempt to lower the BPC SP to 1.5p-2p for personal gain. However, as demonstrated by the above mini case study, dilution in the form of sharing future royalties can triple the market cap, triple the share price and give the oil explorer involved a chunk of cash.

Starchild

Joat: CLN= Convertible loan note. ie, to get money by issuing new shares to a financial institution usually at a discount. At any time the institution can exercise the conversion and have the shares issued.

In just over a week we will know if the merger has been approved by both sets of shareholders. If approved, in my opinion the BPC SP will significantly increase and the CERP SP will mirror the BPC one at around 75-80% of the BPC price. (based on 1 CERP share conversion in August equalling 1 BPC share @ 80.3%.)

I believe the market cap/SP will substantially increase for the following reasons:
1. The markets like stability.
2. Private investors who got spooked may wish to return.
3. Institutional investors may want some of the action for the long-term. Separately BPC is too risky and CERP too small. The merged entity is in the Goldilocks zone.
4. The merged entity will have funding options far superior to the currently available highly diluting CLNs. Today these CLNs are the ‘worst case’ benchmark to raise capital for the Bahamas Persv-1 drill. Refer to my post 9/7 at 3am re the BPC email.
5. The company will likely have access to corporate financing such as bonds and non-convertible loans using combined assets as security. A secured mortgage/loan for 3-5 years is much better than a CLN which triggers the regular selling of shares in a short time window.
6. BPC engineering expertise could increase productivity in CERP assets.
7. Leo Koot will join the BoD. As I’ve stated before, there is a possibility Leo will become CEO after Simon Potter retires (eventually) a billionaire.
8. A farm-in will still be on the cards.

I also believe the SP will SURGE as news-flow leading to spud is released over the next few months. (refer to proactive presentation Feb 2020). Even more so with jam on the butter, if (a) news relating to CERP assets is positive, (b) PoO increases to the +/- $50/b range, and (c) positive Covid-19 developments.

These are just my opinions based on documented research and observations. DYOR and get independent advice. Always click on the prior postings of someone on a forum. I am a long-term holder in BPC since 2014 and more recently CERP. I am not a day trader.

Have a great day

Starchild