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conjecture, but does anyone think we are nailed on for 1200 flow rate? That alone should see BLOE comfortably cross into double figures sp?

Mike I agree with you. The find has been declared as the largest in Georgia for 50 years. We await test results from shut in.
If the results come in at or above circa 1200 bopd then market cap could effectively move to quadruple today's paltry 25M with successful sidetracks that are planned.
With the resultant vast increases in income a revaluation will follow. I'm guessing 14p+ in fairly short time.
But this is AIM so who the **** knows where sentiment will take BLOE?

...is quickly denied by the sale of placed shares.
A good few weeks to go until any news apart from the actual deal has a sustained effect

...don't you think that the steady rise is:
1. In anticipation of mid April flow test results, which are already rumoured to be very good?
2. The dismissal of a take over at a silly price, is less than 50p?
3. The obvious gap up back to realistic sp value?
Looking for debate, not an argument!

...the gap upwards? More testing to come. Finances solid. Take over at 50p considered laughable.
In my view the steady rise will continue. Up another 6 or 7 per cent before the weekend? Yes, easily achievable.

...and despite my disappointment at the fall in sp today, I still feel that the statements by the AG and other government ministers regarding the imminent signing of a farm in partner still makes me believe that a deal is on its way. It may even be weeks rather than months. So I'm holding with a glass more than half full.

Your post about SPECIALIST was good, but didn't quite go far enough. If Potter is a **** then SPECIALIST is a **** plus.
There is a special name for his sort of pleasure, it's called
schadenfreude. SPECIALIST takes joy from the misery of others.
Why oh why does he post on a day like this. What a heartless ****.

to a drill in 2019 to the Bahamas government?
Seeing as hurricane season starts in July I thought it obvious a deal was near.
Could this be a placing to help with a contribution to drilling costs?
Where has the million his gone?
What about AGs comments that he knew the name of the major?
Just WTF is going on?
Not that I expect Potter to add to any information super highway any time soon.
Could AG have been primed to make that comment? That seems so doubtful to me. I can't see AG being involved to that degree.
Hopeful that either we have more info by end of March or Potter doesn't get his contract renewed. Either will do for me!

did the million go from the payment by the major?
WTF has Potter done with the money? It hasn't all gone on golfing fees surely? The man is an utter ****

joke. Potter strikes again. Is there no end to this man's lethargy and greed.
1.6 p? He's got to be having a laugh.
What a disgrace.
I'm utterly gutted.

Hi ya Spike,

To whom do you attribute your comment below?

Hahaha classic new investor comment

Hi Keith
In my view, over the years, Potter has NOT been working 24/7 to achieve a drill.
Early doors, and even more so as time went on, Potter has drawn a considerable salary.
I believe he has been happy to keep his lifestyle afloat rather than put the company first.
I was here at the beginning when 20p was a normal daily sp.
There was a lot of energy to get a drill moving on evidence of the 1946 drilling programme find near to BPC licence's.
Potter never forced the momentum home.
My family has had links with the Bahamas since my mother lived there as a war bride. The feeling from them was acceptance that a drill would take place as it was good for the economy. Local gossip was that Potter lived the high life, choosing self interest over outcome.
So, all in all, its the evidence I've seen over the past ten years and some local feeling.
I still believe an announcement is soon to be forthcoming to ensure the value of Potter's share holdings materialise. We may even take a smaller slice of the cake from the farm in to get the deal done.
ATB vcb

....so upbeat small trader. I'm finding the board a pleasant experience as so many knowledgeable pis post here, only one or two trolls, which is good.

As you have said:
30

Potter’s contract expires on 31 March 2019 eg 2 weeks. .

If you all recall Potter chose to take share allocation in lieu of salary.
He must be confident of a deal, he knows what a drill could mean it terms of reward. We all know he's very much in this for himself and has been milking BPC for years. But, like , Conchy, I feel that the end of his contact due at the end of March will have some key significance.
Hence I came back to BPC heavily yesterday. Sadly, I called the lows wrongly. But as my dear old Ma used to say on her bingo nights;
'You've got to be in it to win it'

...than some people think. The renewal of licence depends on BPC demonstrates a viable drill programme for 2019 - 2020.
In order to provide proof of drill programme BPC need to get a partner onboard asap as an actual drill must take place this year
The weather will play a part in plans and BPC and any partner know this.
My view, fwiw, is a deal within 4 weeks and I'm waiting for buying patterns to prove the point.
GLA

...than some people think. The renewal of licence depends on BPC demonstrates a viable drill programme for 2019 - 2020.
In order to provide proof of drill programme BPC need to get a partner onboard asap as an actual drill must take place this year
The weather will play a part in plans and BPC and any partner know this.
My view, fwiw, is a deal within 4 weeks and I'm waiting for buying patterns to prove the point.
GLA

tranches today.
Holding:1375000Book Cost:£37,256.18Latest Price:*2.75pValuation:£37,812.50Profit/Loss:£556.32

Some of those are mine. I've bought 1.3750 mill in various tranches today.

Right Dr Mac we'll see. Do you think the sp is 5.4p for fun!
There will be a delay.
Let's see who is right!
Of course I'm begging for 150 foot of vertical too, but there must be a reason we are not at 8p if vertical play has been hit.

...that RMP would likely need a sidetrack to hit big!
It seems that my assertions have been further substantiated by a respected expert in his blog. See below a quote:

Just like horseshoe, a sidetrack drill might be planned to intersect even more net pay and find the sweet spot, this will be from a position of giant size strength.

There will be a delay. Please do not sell off too quickly in Friday doesn't bring the 'We've hit big'

That will not come until the sidetrack.

Hence the reserved share price, as I'm convinced that the answer we all seek will yet be some weeks away.