Bahamas Petroleum Share Discussion Threads

[winchester so4] 10/10/2019 17:23

The irony of a bulletin board psychologist, perhaps you need to begin listening to the views you hold about yourself and others and then try and identify the drivers for your own core beliefs ?

[linton78] 10/10/2019 17:20

BigSi, if they don't drill 50% of the license is given up. They can give up the shallow part away from the large targets / fold B. So its not game over & bust as you put it just yet in that event.

But that won't happen.

GBP 7 mill is fairly easily to raise from a large shareholder base with this asset (look at the high turn out for AGM voting as a sign of support).

Many of the large BPC shareholders will have deep pockets and will take up the offer.

[specialist is the living god] 10/10/2019 17:17

You numpties - you are all clowns. If there was remotely a chance of a farm in they would not have tried to raise money at 1-2p. This is a total wipeout scenario in my view.

[bigsi2] 10/10/2019 16:28

Yes that's one possibility-The other is total wipeout After 10 years trying and failing the farmout option seems so likely doesn't it.Such a classic example of ignoring the obvious and only seeing what you want to see. Anyone for a dose of Cognitive dissonance ??!

[dynamohum] 10/10/2019 16:23

Double chuckle . . . . .

[linton78] 10/10/2019 16:22

Someone just made the point that if a farm in lands in the next couple of weeks current shareholders will be laughing with an option to buy at 2p.

Reward for the extended wait??

[armatrading] 10/10/2019 16:21

Any market sensitive or insider information would have to be RNSd first. In theory, it would have to be RNSd before the interview took place, even is said interview wasn't published until the next day (unless, of course, all parties to the interview are Insiders, and legally bound to keep it under wraps, which IMO is most unlikely).

[whoppy] 10/10/2019 16:14

Be funny if Potter announced a farmout as an exclusive in the interview..Lol

[dynamohum] 10/10/2019 16:06

The days when a drill sent the share price to untold heights will not happen here . . Assuming they raise the dosh PI wipeout virtualy guaranteed . . . IMHO

Best to watch the fireworks from a safe distance . . . .

[specialist protector] 10/10/2019 16:05

Disaster. Bid just collapsed to 1.85. Nearly 10% lower than open offer. Sellers everywhere in my view hitting the bid going into the close. Collapse coming over the next few days when price stabilisation finished.

[specialist protector] 10/10/2019 16:01

It seems like the end game now. Poor mug longs who are still in the stock. Seems they will go down. They are also junior to the CLN in administration so the shareholders will got nothing in my view if there is a bankruptcy.

[specialist protector] 10/10/2019 15:59

In my view, given where the offer is the only viable option is bankruptcy. Unfortunately it seems they are going to go under in my view.

[armatrading] 10/10/2019 15:51

He was probably pi$$ed when he typed it.

[whoppy] 10/10/2019 15:35

Figures and facts were never Tw strong points...Lol

[linton78] 10/10/2019 15:31

Look at the cost of this well... Lol... $255m.

We will end up drilling through into Bizzell Capitals back yard in Australia at this rate.


" And so the saga continues. Bahamas Petroleum (BPC) having failed to get institutional backing for a placing at 1p to raise $20-255 million "

[specialist protector] 10/10/2019 15:26

Dynamo. Can you please put the rest of it up. Thanks.

[specialist protector] 10/10/2019 15:24

Offer at 1.95p is below the open offer price implying market does not believe the open offer will happen and the clown Martyn is shouting Blue finish. It is incredible the lack of knowledge here. They will be crying and cursing very soon. Sad. The markets is no place for them.

[specialist protector] 10/10/2019 15:23

Poor fools. Financial evolution will take care of this group as well. If only they knew.

[specialist protector] 10/10/2019 15:20

By now anyone who remains in this stock is purely a punter or an amateur. All knowledgeable investors are out. Enough warnings have been given so unfortunately the ones in are those who will lose everything.

Shareholder wipeout = 95% in my view.

[whoppy] 10/10/2019 15:19

Tw writing one of his fairytales again about BPC. Does he really think that all his subscribers are BPC holders..Lol.. Got to keep the con going somehow I guess.

[martyn9] 10/10/2019 15:18

Blue finish lol.

[dipla] 10/10/2019 14:56

buyer are coming back....

[armatrading] 10/10/2019 14:53

:-) That will do nicely

[dipla] 10/10/2019 14:51

Interview later will be a PR Stunt to bring in more shareholders