Bahamas Petroleum Share Discussion Threads

[matgordon1] 25/2/2019 07:58

Here we go 4 similar large buys before opening ??????

[bigsi2] 25/2/2019 07:42

surely you could always research the cash position yourself ?From Q4 H2 2018- Cash at end of the period of approximately $3.1 million, an increase on both the previous 6-month period (approximately $1.8 million H2 2017) and the prior year comparative period (approximately $1.4 million H1 2017) owing to capital raisings and exclusivity fee payments received.These funding inflows mean the Company has adequate working capital in the MEDIUM term to continue to pursue a farm-in or similar funding arrangement for an initial exploration well on its southern licences

[barnes4] 25/2/2019 07:36

Cash position please anyone?

Is it running low?

[gismo] 25/2/2019 07:35

Morning mat, totally agree. I suppose we will never know if the consortium contains the previous interested party. Interesting times ahead. Gl to you and all

[matgordon1] 25/2/2019 07:32

I remember this share getting to 24p with absolutely no news. I know the shares have been diluted since, but this should slowly rise over next couple of weeks. JV news will definitely see this in the double figures

[richard26] 25/2/2019 07:30

Treble on a strike...

[gismo] 25/2/2019 07:14

I think we will be well into double figures if we get a deal

[armatrading] 24/2/2019 20:19

It was almost 8p last August, during the exclusivity talks. I think 8-10p will be eclipsed if there is confirmation of an actual deal.

[jotoha2] 24/2/2019 19:13

87p certainly is possible , but most unlikely , they will sell out to a major which will leave the spoils to the men in Black , certainly 8/10p should keep pi happy.

[lithological heterogeneities] 24/2/2019 19:01

We will be at different parties as I will be at the £1 party about a month later at the VIP lounge above where you had yours.:0)

[richard26] 24/2/2019 12:11

87p party here we come......

[brettmo] 24/2/2019 10:19

After a deal, the institutions were expected by the BoD to return (so they said in London meeting) and I assume nothing has changed adversely since then. The impact should be very significant.

[bartender18] 24/2/2019 03:28

blueball, if they get a good farm in deal with a major, and complete a first successful well, you will regret selling at 6 p

Billion Pound Company

[richard26] 23/2/2019 15:08

87p is mine....

[gismo] 23/2/2019 14:46

Enjoy Rayrac

[blueball] 23/2/2019 12:38

6p is my target.

[rayrac] 23/2/2019 11:41

Morning Gismo, just off out for lunch. Make a change from yesterday!

[rayrac] 23/2/2019 11:40

Don’t go over the top, but it does look a ‘goer’ from here. :)

[linton78] 23/2/2019 11:27

Thanks Si - on reflection I am really pleased with yesterday’s news. That would have taken months to negotiate with the government so fair play to them.

It could be the house keeping required (certainty) for a drill partner to jump into bed with BPC now.

I’m thinking of adding a few in the ISA over the next few weeks.

[gismo] 23/2/2019 08:55

Morning, thanks for that!

[bigsi2] 23/2/2019 08:18

https://www.proactiveinvestors.co.uk/companies/news/215113/bahamas-petroleum-shares-jump-as-it-secures-exploration-licences-215113.html

[bigsi2] 23/2/2019 08:17

In the press..https://www.dailymail.co.uk/money/markets/article-6735387/MARKET-REPORT-Metro-Bank-wins-120m-grant-boost-business-despite-accounts-blunder.html?ito=link_share_article-factbox#mol-1a721130-36e3-11e9-bce6-cd2e080303d9The sun shone on Bahamas Petroleum as the oil and gas exploration company had its licences extended.The Bahamian government said it would extend the four licences in its waters until the end of December 2020.Bahamas Petroleum is aiming to drill an exploratory well.If the results prove satisfactory, the business has the right to apply for a production lease over the whole area. Shares in the company climbed 25.5 per cent, or 0.33p, to 1.6p yesterday

[cinoib] 22/2/2019 16:33

Thanks gents I just hope I can find a replacement as good as she was an Angel, but life must go on and a few extra pennies here won't go a miss. Rolling on a tie in or takeover, don't care which but am not greedy and will be happy with 12p.

[gismo] 22/2/2019 16:31

That's it folks, have a good weekend, what a day, just got a few more before the bell

[jotoha2] 22/2/2019 16:13

This is being held back big time to allow the men in Black to join the party over the next few sessions , then the fireworks will begin , hold onto the shares , they will become very valuable !