Member Info for willec

LGO-fan as I said , reply to 16:27hrs post, this is not a taeover, but a merger hopefully double figures by Christmas

No but ust hope the company can make the returns, technicaly though the price does not matter. It would only matter in a t/o.

We should be worth near double figures if not higher. The good news is we get and expansion to our projects with the merger

LGO-fan this is not a takeover, but A MERGER

Hit 2p, next step 3p

Just wanted to check my eyesight. I actually see some blue on the board now. Are we really up? COME ON

A re-rate of this stock has to come soon why are we lagging so far behind here?

Thankyou Spiritefan

I would have thought LK would have studied this and understand the geographical lay out of the area he would not go for that risky targets after playing safe in Trinidad so far. Due dillenge has been done - just hope LK nows what he is doing

https://www.bpcplc.com/our-operations/bahamas/exploration-area/

We have not sold the company - It is a merger

CERP
safe assets and producing oil, more drilling throughout this year and next
good finances to fund projects of which some are free ride.

BCP:
More cash to make the near firm very cash rich,
Risky drill which could be at the back to the list when the safe drills are complete.

With the two combined very cash rich with lots of safety drills and one risky drill which they will not rush with financial.

the offer given us less shares probably is partly due to the difference in share price at the time the RNS was issued. Not bad if that was the case.

First good point in two days. Question is why can't this show in the sp bearing in mind BPC are up 14%

Why is it all doomed and gloom on here then. In 6 months time we could be the equ of 50p easier now with the extra assets.

Why under 2.20p The way BCP is going I hope this will catch up and hit 5p min before the merger

I bet you all my money it won't - its Saturday tomorrow

OK so at the moment CERP 1.8 - 2.00 and BPC 2.9 - 3.0

If I held 1,000,000 at 1.9 (mid price) = £19,000

I would now have 803,000 at 2.95 (mid price) = £23.588.5

Does that make sense?

now 2.9 - 3.0 (2.3 - 2.4) and the high they get the better for us

will it benefit us to see the BPC sp rise further and it should mean we get a better value for our new saahres in the merged company. If BCP is 5 and we are 4p that we benefit us holders. So the more BPC rises the better for us:

current BCP is 2.8 - 3.0 (equates to CERP share price of 2.24 - 2.4

I hold shares in CERP and understand that for every 100 shares I own I will own 83 in the new company. I would imagine at the moment the sp of BPC is more important to LT holders of CERP and CERP only important to thouse who sell out and don't want to be involved. How will they wor out the SP of the new company and holdings for CERP arte 0.83% of current holdings is it.

Yesterday, should said Leo Koot woud not last long as NonExec Director - could he/she been a deramper, I think Leo Koot needs to stay long as his experience in the oil fields will be vital here.

Is that really realistic. Also what was the position of the compay at the time compared to now? Not invested back then.