Bahamas Petroleum Share Discussion Threads

[specialist is the living god] 01/10/2020 07:13

Hahahahaha hahahahaha. Raised at 2p. 475m new shares. Selling starts today. Hahahahaha hahahahaha. Idiots in the dark time for you to buy. Hahahahaha hahahahaha

[specialist is the living god] 01/10/2020 07:13

Hahahahaha hahahahaha. Raised at 2p. 475m new shares. Selling starts today. Hahahahaha hahahahaha. Idiots in the dark time for you to buy. Hahahahaha hahahahaha

[bigsi2] 01/10/2020 07:12

Well they can't give an exact date based on STENA suggested timetable - it could change.

[specialist is the living god] 01/10/2020 07:12

Hahahahaha hahahahaha. Raised at 2p. 475m new shares. Selling starts today. Hahahahaha hahahahaha. Idiots in the dark time for you to buy. Hahahahaha hahahahaha

[pro_s2009] 01/10/2020 07:11

Wash this 500 million shares through the market...........then another placing for another 500 million shares at 2p early December.........

Rinse and repeat.......thats what it will be imo........

[specialist is the living god] 01/10/2020 07:10

Hahahahaha hahahahaha 475m new shares.

[farnham] 01/10/2020 07:10

I notice they've added the word 'expected' to drill timing Is this new or adding doubt to drill timing ?

[bigsi2] 01/10/2020 07:09

500m at just 2.0p ..... Lordy

[specialist is the living god] 01/10/2020 07:09

Most important part of the RNS is at the bottom.

The warning, that if they cannot meet the conditions of the CLN's they dont have the money to drill the well.


..........In circumstances where the convertible loan note financing instruments are not available (for example, where the conditions precedent set out in the subscription agreement for the Conditional Convertible Notes are not satisfied (or waived by the subscribers)), the Company may not have sufficient cash to complete the drilling of the Perseverance #1 well, which, in turn, puts the Company at risk of not meeting its licence obligations. 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. Excluding any costs relating to the Perseverance #1 well, the Company currently has sufficient cash available to meet general working capital needs for at least the next 12 months . .......
Pro_S20091 Oct '20 - 07:05 - 2906 of 2908
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EG...... we need more money.........

[specialist is the living god] 01/10/2020 07:08

They donot have the funds to drill. How many times do I have to say that

[bigsi2] 01/10/2020 07:07

The POTENTIAL Bizzel CLN has high fees but would be convertible at 2.5p the Family office is convertible at any price (1.17p lowest so far) so I'd say was actually far worse for shareholders- although likely drawn down in smaller chunks to enable successful conversion - basically both are terrible - truthfully I can't see STENA forgoing fees for a high risk new frontier explo when they too are struggling financially-The placing was the best choice as it removes some uncertainty - but BPC still only half funded for PV1 at best

[manc10] 01/10/2020 07:07

anybody seen raytard woooow

[specialist is the living god] 01/10/2020 07:06

This s not that bad. Next raise £15m at 1p. Hahahahaha hahahahaha IDIOTS IN THE DARK 👏👏👏🗑8465;🗑Ԅ65;

[pro_s2009] 01/10/2020 07:05

EG...... we need more money.........

[pro_s2009] 01/10/2020 07:04

Most important part of the RNS is at the bottom.....

The warning, that if they cannot meet the conditions of the CLN's they dont have the money to drill the well.


..........In circumstances where the convertible loan note financing instruments are not available (for example, where the conditions precedent set out in the subscription agreement for the Conditional Convertible Notes are not satisfied (or waived by the subscribers)), the Company may not have sufficient cash to complete the drilling of the Perseverance #1 well, which, in turn, puts the Company at risk of not meeting its licence obligations. 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. Excluding any costs relating to the Perseverance #1 well, the Company currently has sufficient cash available to meet general working capital needs for at least the next 12 months . .......

[apfindley] 01/10/2020 07:03

OUCH.bigger placing and lowest end of the price mentioned yesterday.Scum.

[rmart] 01/10/2020 07:03

Another aim shafting

[specialist is the living god] 01/10/2020 06:44

Next raise - £15m at 1p in November. Idiots in the dark- work the bins 🗑 hard so you have enough to get mugged again at year end. Hahahahaha hahahahaha 🗑🗑🗑🗑8465;😀ԅ12;👏👏;👏

[specialist is the living god] 01/10/2020 06:43

Next raise - £15m at 1p in November. Idiots in the dark- work the bins 🗑 hard so you have enough to get mugged again at year end. Hahahahaha hahahahaha 🗑🗑🗑🗑8465;😀ԅ12;👏👏;👏

[farnham] 01/10/2020 06:43

Well I've been sitting patiently for a re entry point Is it today?

[specialist is the living god] 01/10/2020 06:41

Another 350m shares of dilution. Hahahahaha hahahahaha

They will never be worth more than 2p again even during drill

[specialist is the living god] 01/10/2020 06:40

Bin 🗑 boy. Given your losses today I hope you are already up and working the bins 🗑 hard. You need the money 😀😀😀😀8079;👏Ԁ79;

Your 100% gain went up in smoke in the last RNS

[specialist is the living god] 01/10/2020 06:37

Bin 🗑 boy. Enjoy your 100% rise - you are a total idiot in the dark. 😀😀😀👏8079;👏Ԁ79;

[specialist is the living god] 01/10/2020 06:31

Good morning idiots in the dark

You are about to have a great day 👏👏👏😀8512;😀ԅ12;🗑🗑;🗑🗑🗑

[specialist is the living god] 01/10/2020 06:31

Covenants not met - next raise £15m at 1p

BOD just mugged the idiots in the dark to pay their salaries and golf fees. Hahahahaha