The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Wish I had waited. Got in at 4p so it's pretty bleak at the min for me. Just hoping that a RNS will drop in next week n turn the momentum. Turning out to be my worst performer. to be a
Who did Cerp use to drill Saffron? Will they be using the same company for the appraisal? Cheers in advance.
WTF is going on with this stock?
Hello IK hope you're well Fella. If the IIs are buying in then surely we should see an increase in volume and therefor sp?
Presentation mentions appraisal of Saffron Q3. If successful what are we expecting and what would this mean to the sp of both companies? A positive appraisal would set the juices flowing and expectations fo P1 in Q4. Interesting few months coming up.
Lads can we just drop all the crap about silly my uncle is harder than yours nonsense. It makes it tedious for those of us just wanting to read about what's happening within BPC/Cerp. Let's get back to how it was. Respect each others opinions even if you don't agree with them. Some banter is good but just don't take it too far. Have a great day guys.
Almost back to my buy in price 4p
I did limited research Bonum but enough to convince myself of a small punt here. Its done nothing but fall since!! Should of bought BPC yesterday but hindsight is a wonderful thing.
IK, Jim, starchild, PI thanks for your logical and well thought out input. Sorry to the others I haven't mentioned. Yesterday was gut wrenching to get the RNS and not be able to make full sense of it, for both sets of shareholders. The 22% drop yesterday was obviously too much for some and that's too bad as I believe in a few days they may wish they had waited. Obviously I could be wrong but that's my opinion. To the Cerp holders reading this I suggest you look at the posts from the n as mes I have listed at the start of this post as they have been here a long time and between them there's not much they don't know about BPC and Potter.
The fact is alot of us did get in early with a hope of the sp rising significantly from now to Dec so we could have a free ride going into the drill. Who wouldn't? However, this acquisition has brought a lot of uncertainty and a lot of questions that need answering. What hasn't changed is that BPC will be drilling Perv 1 Dec/Dec and this is still their no 1 priority. The potential rewards are still huge. It just means we will have to share some it with our new Cerp friends. Eytan and Potter have waited along time for this drill and are very confident but they have also got to consider plan b.
Like alot of you I think this move is part of something much bigger in the background. They didn't go out yesterday and think let's buy that?? Thus was probably being planned before Covid 19 came along. Hopefully we will get news soon explaining and answering our questions and concerns and the sooner the better.
Perv 1 Rock hasn't gone anywhere! It will still be there in Dec/Jan and its waiting to be drilled. Depending on what news we get between now and then will obviously determine what the sp will be pre spud and if those that want to can de risk a little. Ideally that's what I want to do.
Good luck whatever you choose but it's still all to play for.
Thanks for the info on Cerp Bully much appreciated.
Same to you Bonum. You initially liked the RNS then decided against it. Maybe have a re think of what Potter and Etyan might be up to behind the scenes.
Harry let the dust settle and take a few days to digest the info. If they announce a farm in with a Major next week and price goes back above 3.5p you will wish you hadn't sold. No one knows for sure what will happen but after 8 years I wouldn't be making any rash decisions until this acquisition is fully understood. I believe there's more to come in the bigger picture. I'm holding.
I got in BPC for the Perv drill in Dec/Jan so will stay and wait to see how this unfolds. The pre spud 12p could now be 3 or 4p
It would be nice to see an interview from the BOD to explain this fully.
Market doesn't like the merger. Down we go. Feel a bit shafted tbh.
Heart sank when I seen Lenin gas mentioned. Hope to god its a different BOD and management team to what it was 4 years ago when I was last in there.
I agree Bonum so it's a buy n hold. If this unfolds as we expect or hope it will a few pence either way won't matter. That goes for BPC too. 1p 2p 3p swings will be irrelevant in 6 months.
It's my fault it's dropped! I bought some yesterday. Was hoping the licence news was going to drop in via RN this week. That's the gamble I suppose.
Been waiting for a dip here so took the opportunity today to sell a few of my other stocks that were stagnant and put it in here. Let's hope it was the right move.
Shakey start