Bahamas Petroleum Share Discussion Threads

[alasparavolar] 23/10/2020 18:34

So how does it feel Special?To have sold cheap?

[jbt2007] 23/10/2020 18:10

You just can't help yourself, can you Simon. Predictable and pathetic. Which username are you going to use next?...decisions, decisions...

[specialist is the living god] 23/10/2020 17:36

Thank you protector. You are a true disciple. Praise be to Simon and Bristol.

[jbt2007] 23/10/2020 16:44

Simon, Investec have the share price at 61p for a billion barrel find. That also assumes Bizzell used in full!

[bigsi2] 23/10/2020 16:34

Mark1000It would have to be a good discovery to warrant a 500m market cap in the current environment- PMO with ZAMA is a good example of how a decent discovery can be difficult to monetise right now, it would derisk adjacent prospects so a discovery really is a game changer no doubt. But your absolutely right the maths doesn't add up for me....I've never had any interest in holding this for TD - if I did it would be a comparatively tiny amount. BPC has returned me far more on swing trades than I could now expect to make on a successful drill - over 1500% since 2017 alone and all comparatively risk free- and I've no intention of giving any of it back :)I sincerely wish anyone (apart from the few odious cretins that constantly want to engage with me) who is in this for a discovery the BEST of luck - id like to see em find the black stuff - just for old times sake

[alasparavolar] 23/10/2020 16:30

Hi Special. How do you feel about having sold your shares cheaply yesterday?

[mark1000] 23/10/2020 16:17

BigSi2 A good commercial discovery will be a game changer with the share price going to 10p+ hell I sold some of these shares earlier this year over 5p. If you really think there is a 20% chance of the share say going to 5p and a 80% chance of it going to 0.7p then surely its best to sell now although there are good arguments for waiting for a spud.

[bigsi2] 23/10/2020 16:01

"Yes Egg. It's just Bigsigh can't spell. I think we now what we are dealing with here. Lol"pretty much the definition of irony

[bigsi2] 23/10/2020 15:29

BPC up until it picked up cash poor CERP on the cheap was a 100% binary play with not even enough cash currently to fund one well let alone multiple - even with CERP (which didn't have the cash to develop had resorted to death spiral funding) assets - on failure of PV1 you will have two cash poor companies not one - BUST !!back to death spiral with less possibilities to raise after the flagship failure. guaranteed share price will immediately add perhaps 100% plus on commercial discovery RNS but conversely drop 60-70% on a duster - perhaps others have different interpretations but I call that binary lol.

[whoppy] 23/10/2020 15:28

Yes Egg. It's just Bigsigh can't spell. I think we now what we are dealing with here. Lol

[alasparavolar] 23/10/2020 15:26

I expect Special is sulking having sold out too cheaply yesterday.