Member Info for Starchild

IK, I have a thought to create debate, so we can chill out a little as it is friday. I propose the combined merged entity be renamed. I’d go for:
1. BigOil PLC [to create free publicity, when articles are written about big oil companies generically, people will think it’s about us. eg, ‘Big oil will likely be lobbying for a Republican president]’
2. Puppy Dog Kisses PLC [to create interest in the company by people who think the name is cool. 10 year olds who regularly read the FT will demand their parents invest in such a company]
3. Organic Virgin Oil PLC [note: it will need relocating key management to the Virgin Islands, however no one can deny crude oil is natural and therefore organic. The BoD could even trick Greta Thunberg to give an endorsement]

Any thoughts?

re recent posts on a possible name change post merger, I’d go for:
1. BigOil PLC [to create free publicity, when articles are written about big oil companies generically, people will think it’s about us. eg, ‘Big oil will likely be lobbying for a Republican president]’
2. Puppy Dog Kisses PLC [to create interest in the company by people who think the name is cool. 10 year olds who regularly read the FT will demand their parents invest in such a company]
3. Organic Virgin Oil PLC [note: it will need relocating key management to the Virgin Islands, however no one can deny crude oil is natural and therefore organic. The BoD could even trick Greta Thunberg to give an endorsement]

Everyone has the right to an opinion however bizarre. I could pop up on various forums spreading fake news that Chevron is planning to buy KFC because of the amazing synergies: oil for fertilizer on its chicken farms, and free KFC chicken nuggets when you fill up your tank. Such fake news would lack credibility and would be ignored. What I find totally unacceptable is for Bonum to bombard this CERP forum with what appears to be credible news, which is FAKE or misleading. And to do so for allegedly selfish reasons.

Bonum fake news example 1: The markets do not like this merger. [Fact: the markets and all of us, are awaiting more news. Fact: an investment institution disclosed 1% holding in BPC last week.]
Bonum fake news example 2: No Farm in Until AFTER P1 As Stated. [Fact: BPC RNSs have repeatedly stated farm in talks are in progress. A recent RNS even stated a JV/farm-in has been offered to Stena]
Bonum fake news example 3: Major BPC dilution ahead. [Fact: refer to my previous posts where I showed how leveraging CERP assets would avoid a major rights issue to drill Pers-1. Fact: refer to bottom of BPC RNS 26/5/20]
Bonum fake news example 4: BPC has a funding gap to drill [Fact: refer to my post 17/6 1115am which gives the actual BoD comments in context. Fact: refer to https://www.proactiveinvestors.co.uk/LON:BPC/Bahamas-Petroleum-Company-PLC/ where it states, ‘ Funded regardless of farm-out’

I do not object to people having a difference of opinion to me. Debate is good, however I object to Bonums’ bombardment of this forum and BPC’s with fake news to blot out other people’s opinions. Had he not bombarded, I would not be writing this post. Bonum made it clear on the BPC forum (but not the CERP one) his REAL reasons for not wanting the merger is so that any massive find would not have to be shared with CERP shareholders. It is Bonum’s absolute right to have this opinion, however I totally object to fake news being used as the means to attempt to scuttle the merger, for allegedly selfish reasons.

Remember, people do read these forums before making investment decisions. The really gullible ones make their decisions by relying on some spurious posts or posters who have major conflicts of interest.

Disclosure: I have been a BPC shareholder since 2014 and topped up 13 times, never sold. I am NOT a day trader. Please judge my opinions on my previous posts and the evidence I have provided based on logic. I am going to vote yes for the merger and have total confidence in the BPC BoD and delighted Leo Koot will be joining the board after merger.

DO NOT TRUST BONUM. click on my name to find out why re BPC/CERP merger . I allege this guy is a joke.

Bonum, cease and desist giving fake news. Karma

Irene, Hun. You are clearly flirting me with with the use of salacious innuendos since last week until today, such as 'pumping' and 'ramping' and 'my shorts'. Respectfully I state AGAIN that I am happily married and a granddad. However much I am sure your are a wonderful person with great intellect, perhaps even a model, I AM NOT INTERESTED Have a great weekend sweetie . xxx

Bonum, fake news from your end again for selfish reasons. You don't care about the folks here on CERP to do well from merger because you are looking after yourself. I will expose an audit trail over weekend. Stop acting this way. You are a joke and have lost all credibility on CERP BB, based on your post on BPC forum this morning which I shared, diplomatically, on CERP forum.

Guys... refer to earlier posts from this morning. Click on my name.

Willec: I also noticed level 2 service down today. It was up and down like a h++keers draws) . It's complicated for me to explain this in a post. Will think about how to do so. Getting to evening where I live so brain cells a little low.

Willec, re Bonum please refer to my posts since early this morning. Re MMs, they are bots, controlled by humans. There are various reasons but I have not analysed yet as I look at BPC with my level 2 console. It could be delayed mega trades with 1 hour or 24 delay. Do you have level 2 console?

Bonum, fake news from your end again for selfish reasons. You don't care about the folks here on CERP to do well from merger because you are looking after yourself. I will expose an audit trail over weekend. Stop acting this way. You are a joke and have lost all credibility on CERP BB, based on your post on BPC forum this morning which I shared, diplomatically, on CERP forum.

Guys... refer to earlier posts from this morning. Click on my name.

Bonum, cease and desist giving fake news.

Bonum, I've just read your insulting post. I'm a 'unicorn' for today exposing your alleged wilful BPC misinformation over the last week here on CERP? I don't know how you can ever make another post on this CERP BB forum, based on what I presented this morning. How can you show your face? Apologise to allegedly misleading the CERP folks here with fake news, and the matter will be over.

Cars: You're a clever chap! You bought CERP knowing if the merger happens, it will be at 80% of the BPC price. So you indirectly bought loads of virtual BPC shares at around 2.35p vs 3p,! I hope for of us the merger happens.

Carscoffee. I'm not sure whether he holds CERP stock or not. The point I'm making is it's always good to be fully transparent with everyone, rather post hundreds of posts giving other reasons for a 'no' vote without all the facts or analysis. Again, I'm not doubting Bonum's integrity.

The underlying reason Bonum has been writing so many CERP posts against the merger, can be found in a post he wrote a few minutes ago on the BPC one. Bottom line: He doesn't want his BPC shares diluted with you guys. That opinion is fine. I'm not doubting his integrity whatsoever......................

bonum
If We Could Turn Back Time...!Today 08:03
Which we can't obviously.....so no replues about the obvious please ;)

How many of us would actually prefer the situation previous to the Maerger RNS.....?

Sometimes it's easy to fall I to the trap of backing the co.pany come what may - but if we 'honestly' answered that question?

How many of us would prefer the route to drilling Perseverance 1.....without CERP and the circa 900M additional shares that represents?

Well, we are actually in a position to still drill P1 and offload the burden that CERPs additional dilution represents - just VOTE NO!

I still hold a very significant number of BPC shares and still back the company to drill Perseverance 1 - just without CERP around our backs and not feeling obliged to back the company, irrespective of those views.

It's like a wife finding our her husband has been having an affair.....and he turns around and says the new woman will at least be able to help with the housework - Vote No!

IK, I thought you had ripped up my invite to Langans, in a fit of rage, lol - big love to you x

Atb all

Good morning all.

Below is my BPC post from 11/3/20. IMO, with a stroke of genius the BPC BoD has in a very innovative way done exactly what my train of thought at the time envisioned. I suspect either (a) a JV farm-in MOU has been done with Stena, subject to the BPC and CERP merger, with Stena being the selected risk/reward drill partner for lots of future exploration wells….or (b) CERP’s oil reserve assets, proven and unproven will be mortgaged for +/-3 years to fund the Perseverance spud (770BBOE) without diluting our shares. Or (c) a bit of both (a) and (b). It would not surprise me if this is disclosed in an RNS very soon.

I would rather have 800m new shares issued to merge with CERP now, rather than a future CLN being exercised in a short time window from BPC borrowing against it until spud results. There will only be a few weeks’ window for the CLN lender(s) to sell their converted shares, which will create artificial resistance to some degree, slowing the SP from soaring until spud. This is unlikely to happen with CERP shareholders who have the same risk mentality as BPC ones. However, financial institutions will want to liquidate as they are bankers not frontier oil discovery speculators.

I’m voting yes on all 3 buzzers so that the talented BPC/CERP duet act (with my legendary psychic cat having a cameo role) reaches the BGT final. I have full confidence in the BPC BoD and LeoK our new CEO after SimonP retires as a future billionaire following Pers-1, 2 , 3 and CERP acreage spuds. My March post is below. Have a great day!

RE: STRATEGIC THOUGHTS 11 Mar 2020 05:31
My train of thought, is if a farm-in happens and/or BPC strikes oil, the BoD could propose to merge with selected small oil explorers using equity. The sum of the parts could become greater thean the whole. The value proposition to these small market capped AIM or equiv listed companies is: cost savings, experience (the BoD have been there and done it), dilution of risk and the posibility to create a mini-major that can sit at the table with the big boys. .....until one of the big boys buys us all out for a premium. Think big. Good luck all. Or in Handmaid's Tale speak...'blessed be the fruit'.

Good morning all.

Below is my BPC post from 11/3/20. IMO, with a stroke of genius the BPC BoD has in a very innovative way done exactly what my train of thought at the time envisioned. I suspect either (a) a JV farm-in MOU has been done with Stena, subject to the BPC and CERP merger, with Stena being the selected risk/reward drill partner for lots of future exploration wells….or (b) CERP’s oil reserve assets, proven and unproven will be mortgaged for +/-3 years to fund the Perseverance spud (770BBOE) without diluting our shares. Or (c) a bit of both (a) and (b). It would not surprise me if this is disclosed in an RNS very soon.

I would rather have 800m new shares issued to merge with CERP now, rather than a future CLN being exercised in a short time window from BPC borrowing against it until spud results. There will only be a few weeks’ window for the CLN lender(s) to sell their converted shares, which will create artificial resistance to some degree, slowing the SP from soaring until spud. This is unlikely to happen with CERP shareholders who have the same risk mentality as BPC ones. However, financial institutions will want to liquidate as they are bankers not frontier oil discovery speculators.

I’m voting yes on all 3 buzzers so that the talented BPC/CERP duet act (with my legendary psychic cat having a cameo role) reaches the BGT final. I have full confidence in the BPC BoD and LeoK our new CEO after SimonP retires as a future billionaire following Pers-1, 2 and 3 spuds. My March post is below. Have a great day!

RE: STRATEGIC THOUGHTS 11 Mar 2020 05:31
My train of thought, is if a farm-in happens and/or BPC strikes oil, the BoD could propose to merge with selected small oil explorers using equity. The sum of the parts could become greater thean the whole. The value proposition to these small market capped AIM or equiv listed companies is: cost savings, experience (the BoD have been there and done it), dilution of risk and the posibility to create a mini-major that can sit at the table with the big boys. .....until one of the big boys buys us all out for a premium. Think big. Good luck all. Or in Handmaid's Tale speak...'blessed be the fruit'.

Chesh, I prefer chateau de'casari 1961 slightly chilled even though a claret. A few friends of mine bought the label to my attention some years back. See our video. Although hard to see, I made a cameo role with the Queen in the background.
https://www.youtube.com/watch?v=26ZDB9h7BLY

Chesh. Being posh I normally address people by their surnames. However you will be an exception. We are on the same wavelength. I trust one is not too offended if one addresses one in future as 'Chesh' . Have a spiffing evening.

Must dash to feed the cat (butler off today). It has been a pleasure dealing with all of you folks today. This is what the BPC board was like until thursday. A bit of humor, camaraderie and fun...with cerebral posts based on research. And polite disagreements that did not require the use of verbal machetes. night night. xxx

Bully, you have a valid point. However I see this as a strip club. RNSs will I am sure come out, each one titillating the audience for further fleshly disclosure. (disclaimer to avoid sexist accusations: the club could be for gay men or hen parties)