Bahamas Petroleum Share Discussion Threads

[dipla] 13/11/2020 15:52

Surprised no rush of buys ?

[specialist protector] 13/11/2020 15:51

RottenEgg you must find more stuff to copy and paste. Go on my little monkey 🐒 👏👏

[jp2011] 13/11/2020 15:36

Perseverance spud?

[martyn9] 13/11/2020 15:25

Egg, good detailed informative post.
GWA.

[eggchaser] 13/11/2020 14:42

And fittingly I have to add - some dates for your diary!

1. Results of Competent Person's Report: November 20
2. Commence next phase of CO2 EOR Pilot project: November 20
3. Receive approval for Saffron #2 drilling: December 20 / January 21
4. Receive approval for Suriname EWT program: December 20 / January 21
5. Achieve 500+ bopd production: end of 20
6. Saffron #2 spud: Q1 - 21
7. Suriname EWT well (WNZ09.02) spud: Q1 - 21
8. Goudron field waterflood project sanction: H1 - 21

YOU WOULDN’T WANT TO BE OUT OF THIS OVER THE WEEKEND!!!

[eggchaser] 13/11/2020 14:41

Another on the ball and knowledgeable chap - credit to Petrodollar for this nugget!!

RE: - Multiple RNSs Next Week
Ouptonmike, yes the ‘Oil seeping out of the ground’ as well as the reference to the ‘Middle East’, were references made by the company, so certainly not something random quoted - good to hear that its been observed by others too.

Petrokeuminvest, 7-8p or 12p, I think we all agree there’s a very high relative chance, of a massive oil find, so good to be holding for that alone - the pre results estimates are at least consistent with a Multiple upside from current levels and within a short timeframe.

Ibiza, you could well be right re: the company being sold on - does DANA PETEOLEUM come to mind and the life changing nature of that stock for holders.

I wonder how many of those who sold out at a few pence there, wished they would have held for the circa £12 per share offer price accepted (refer to respective Mkt caps to assess Upsides & a potential sale on succesful drills).

The current c.3.5p Buy price seems like a bargain, imo & within the context of the opportunity for price appreciation by the investment.

Upside v downsides from current levels.

[eggchaser] 13/11/2020 14:39

Ahhh the Jonny come lately of ADVFN!! Last heard stating that tree huggers were going to stop the drill in the Bahamas oh and BPC needed cash so badly the the board would be selling the Trinidadian assets on the cheap notably to PRD for around their rejected and I quote derisory bid!!

[thatsmart1] 13/11/2020 14:22

Not for Pro's account, he says he sold at at 3p - not sure he had any in the first place.

[eggchaser] 13/11/2020 14:18

Could be someone taking an early position pre spud... but then I dont exxon know!!! LolEither way it's going to be a Stenna month for the share price and our dealing accounts....

[linton78] 13/11/2020 14:00

2 million reported late after hours yesterday also...

[eggchaser] 13/11/2020 13:53

Ps nice 2.5mill buy at 3.5p... someone is confident!!!

[eggchaser] 13/11/2020 13:52

Indeed it is and more to come. I note comments about a companies worth being based on current production etc but I recall at a time not so long ago where company market caps were based upon its potential. My feeling is BPC is that very company. I invested in GKP just after the 9p placing and BPC was seen as the next new kid on the block... it's taken a while but it does have those hallmarks of an oil mans dream!

[specialist protector] 13/11/2020 13:35

I am omnipotent and your true masters. You are a bunch of idiots in the dark, mugs and losers who are sitting on 80% losses after a decade hahahahhahah
ahhahhahha
hahahahhah
hahahahhahahhahahhahahahhahahahhahhaha

[greenvulcan] 13/11/2020 12:59

Well what a fantastic week thus far!SP is currently bursting to get a run at breaking that 3.6p resistance.A close above that could signal a challenge for the 52w high of 5.7p with all our imminent positive news next week. I am equally happy for the share price to consolidate around 3.5p today. Exciting timesIMHO GLA LTH

[eggchaser] 13/11/2020 12:47

So another assault at breaching the resistance at 3.5.... a predict a squeeze toward the close ahead of next weeks possible or probable news flow??

[eggchaser] 13/11/2020 12:44

Awwwww ugly you still here.....

[man1] 13/11/2020 11:36

Well that's my plan out the window , always thought VOG had potential under the right management and thought all in here till spud with plenty of time to top slice and invest there , but its on a roll :(

[martyn9] 13/11/2020 11:34

MM's playing games and holding this back, buys flooding in they can't hold back for long!!

[greenvulcan] 13/11/2020 11:26

Well what a fantastic week thus far!SP is currently bursting to get a run at breaking that 3.6p resistance.A close above that could signal a challenge for the 52w high of 5.7p with all our imminent positive news next week. I am equally happy for the share price to consolidate around 3.5p today. Exciting timesIMHO GLA LTH

[greenvulcan] 13/11/2020 11:24

Well what a fantastic week thus far!SP is currently bursting to get a run at breaking that 3.6p resistance.A close above that could signal a challenge for the 52w high of 5.7p with all our imminent positive news next week. I am equally happy for the share price to consolidate around 3.5p today. Exciting timesIMHO GLA LTH