Bahamas Petroleum Share Discussion Threads

[specialist is the living god] 10/10/2019 09:23

IDIOTS AND MUPPETS GOING BANKRUPT HERE IS JUST PART OF AN EVOLUTIONARY CYCLE.

BID AT 1.85 HAHAHHAHAHHAHAHHA

[letmepass] 10/10/2019 09:22

Who will pay 2p when it's below it already. 1p placing coming

[specialist is the living god] 10/10/2019 09:22

As soon as we can short disciples will be shorting aggressively to sub 1.5p later today. Then we go towards 1p tomorrow.

[specialist is the living god] 10/10/2019 09:21

Linton the Clueless - how does impending bankruptcy feel like? hahahhahahhahahhaha

They are going bankrupt - hahahhahahhah hahhahahah

WELL DESERVED :)

[specialist is the living god] 10/10/2019 09:21

Don't worry computercoders - Linton the Clueless claimed he had me on filter but could not resist but to reply to all of my posting. hahhahahahhahahhahahah

Linton the Clueless - how does impending bankruptcy feel like? hahahhahahhahahhaha

[linton78] 10/10/2019 09:18

computercoders10 Oct '19 - 09:04 - 34206 of 34208 (Filtered)

[whoppy] 10/10/2019 09:06

Shareholders should take up the offer as the share price will be north of 2p in the lead up to the drill. Easy money, imo. Today's share price is a steal, although not that much below 2p so nothing in it.

[specialist is the living god] 10/10/2019 09:05

MUGS - PUT YOUR BUY ORDERS THORUGH - ACCORDING TO LINTON THE CLUELESS AND WHOPPY THIS CAN BE A 10X BAGGER WHEN THEY DRILL. COME ON BUY BUY BUY hahhahahhahha

[computercoders] 10/10/2019 09:04

Put it this way it won't be back above 2p any time soon

[specialist is the living god] 10/10/2019 09:04

Whoppy and Linton the Clueless know nothing. Let them be computercode - I need more strength to short into when it opens and needs MUGS like those two buying.

MUGS - WHOPPY IS RIGHT - THIS IS CHEAP BUY BUY BUY - I need volumes to short into.

[specialist is the living god] 10/10/2019 09:02

The idiot InterestKing thinks that a farmin is now more likely on LSE. ahahahahahhahhahahhahahahhhahahahhahahaha

Got to love it - looks like bankruptcy to me

[computercoders] 10/10/2019 08:59

And what about the overhang? New shares will be issued duh Whoppy with no lockin perod. I.e. dillution. Do I have to tesch you the basics. It's you who doesn't understand the consequences of an open offer. 2p isn't even a good price for an open offer.

[whoppy] 10/10/2019 08:57

That's why it's a good time to buy just below 2p. Institutions are not going to get any shares in the open offer below 2p if there is a shortfall. Management are taking up some of the shortfall aswell. Read the RNS

[computercoders] 10/10/2019 08:57

Whoppy I asked you 3 times last week for a citation or source for your apparent information regarding "international investors" you claimed were coming on board. You ignored me then send a link to an article talking for IIs. II stands for Institutional Investors you muppet.

[specialist is the living god] 10/10/2019 08:57

THIS ONE SMELLS OF COVERING THEIR ASSES FOR THOSE WHO BUY AT 2P BEFORE BANKRUPTCY in my view:

"(if the Open Offer raises less than US$7.5 million and the placement of the Open Offer Shortfall as described above is unsuccessful in raising the balance), or where the conditions precedent set out in the Convertible Note Subscription Agreement are not satisfied (or waived), or if a farm-out is not secured, the Company would not have sufficient cash to complete the drilling of the planned initial exploration well in H1 2020. In such circumstances the Company would look to secure funding by way of alternative sources. There can be no assurance, however, that the Company would be successful in securing any such alternative funding."

[specialist is the living god] 10/10/2019 08:56

I think he is really thick computer codes - But let him be - he will lose more and we will make more. hahahhahahhahahhaahhahha

[whoppy] 10/10/2019 08:56

People are not understanding the RNS

[specialist is the living god] 10/10/2019 08:55

THIS ONE SMELLS OF COVERING THEIR ASSES FOR THOSE WHO BUY AT 2P BEFORE BANKRUPTCY in my view:

"(if the Open Offer raises less than US$7.5 million and the placement of the Open Offer Shortfall as described above is unsuccessful in raising the balance), or where the conditions precedent set out in the Convertible Note Subscription Agreement are not satisfied (or waived), or if a farm-out is not secured, the Company would not have sufficient cash to complete the drilling of the planned initial exploration well in H1 2020. In such circumstances the Company would look to secure funding by way of alternative sources. There can be no assurance, however, that the Company would be successful in securing any such alternative funding."

[whoppy] 10/10/2019 08:55

Read the RNS

To the extent the Open Offer Shares are not taken up by shareholders (including via the Excess Allocation Facility) the Company has appointed Shore Capital, the Company's broker, to seek to place those unsubscribed Open Offer Shares with institutional investors at the Issue Price.



Management of the Company (collectively) has indicated an intention to subscribe GBP250,000 of any shortfall in the Open Offer.

[computercoders] 10/10/2019 08:55

Whoppy you're either a bigger liar than I thought or just really thick

[whoppy] 10/10/2019 08:54

Yes. they obviously have to make that clear. It's bog standard disclaimer.