RE: Strong buy22 Sep 2020 13:40
Everyone has their own risk appetite and will also interpret things differently.
I am positive on BPC and I have prob invested more than I should but I believe the reward is worth the risk. That's just my opinion based on my risk appetite.
However I think Ross is right to bring up the funding as a discussion as it has not been clarified exactly by BPC as to which way it will be managed. For some it won't matter! As they have been told via numerous presentations that we are fully funded to drill Perseverance 1 in early 2021. For others they will want to know exactly what options have been taken to fund the drill and won't relax or fully commit until they know, even if that means paying a few pence more per share.
It may be that Eytan and Potter don't exactly yet themselves and could depend on what Stena Dr ide to do. Personally I'm happy and confident that funding will be in place one way or another to drill P1. I can see why others may be not be though. I don't think people should be ridiculed for asking appropriate questions. Until we receive an RNS explaining exactly what the funding strategy is I see nothing wrong with asking the question.