Bahamas Petroleum Share Discussion Threads

[ccr1958] 07/4/2021 14:30

What’s happened share price up ? can’t be anything the company have done .

[donaferentes] 07/4/2021 14:29

Good news from environmentalist court hearing scheduled 29/30 March setting these off? Or what?

[specialistlegionsupercharged] 07/4/2021 14:26

Had to buy a little in but small amount as seriously concerned that this is a play into a dilutive raise.

[smoothtrader] 07/4/2021 13:37

I've loads at 0.75p.I've a feeling this will raise well beyond this time. I think the herd will jump in like 88e

[zxie] 07/4/2021 13:21

Sorry is 0.425p paid the shares

[zxie] 07/4/2021 13:20

In fact, you should build a position at a low price. That will flatten the price. Profit is also fast.cheers

[zxie] 07/4/2021 13:18

You're losing money because you're holding it for the long term. I will make a profit in the shortest time. Because I just 0.0425p paid the shares

[zxie] 07/4/2021 13:16

development (2-3 years)4,000+ bopdUS$25m+ Up to US$60m

[smoothtrader] 07/4/2021 13:15

I've been in this dog since 2010 or even earlier. Bpc owes me some serious jam/honey

[zxie] 07/4/2021 13:12

Best the 88e

[zxie] 07/4/2021 13:12

Yes There's a lot of oil here 1.4 billion bopd

[smoothtrader] 07/4/2021 13:08

I wish... For yours and mine

[zxie] 07/4/2021 13:07

On completion of Saffron #2, a further five to nine production wells (the "Initial Program") are currently planned, to be drilled in H2 2021 as part of an overall field development of up to 30 wells. Assuming success of Saffron #2 and these further wells, the Board is projecting average daily production from the Initial Program of up to 1,000 - 1,500 bopd by the end of 2021, which could provide US$8 - 12 million of annual net incremental cashflows going forward at US$60 / bbl oil price.

[zxie] 07/4/2021 13:06

7p next rise

[zxie] 07/4/2021 13:05

Well done bpc News leaking

[milanista11] 07/4/2021 13:05

If they jump to 0.80p or over they may be saved. At this prices the emission of new shares is neutral or even positive. On the short term I see a possible upside potential especially if they announce positive results for the Saffron drilling. But on the long run I think they will run out of oil and then of money. I have already taken my decision:I am long with Trin at 12.88p with a small position.

[deltalo] 07/4/2021 12:58

L2 looks excellent, bid about to tick up.

[greenvulcan] 07/4/2021 12:38

Another nice tick up!Chart shaping up like a coiled spring tooIf we can close above .725p then boom!!Imho GLA LTH

[computercoders] 07/4/2021 12:15

Soon very high from here imo

[deltalo] 07/4/2021 12:13

Soon be back above 2p again.

[zxie] 07/4/2021 11:41

Our 2021Trinidad drilling programme will commence with the Saffron 2 appraisal well. BPC has a 100% working interest in the Saffron discovery

[mazeltov] 07/4/2021 11:24

Just a black hole here

[12bn] 07/4/2021 11:22

Burnt fingers time here when the dilution comes, $25m-$40m is a lot of cash to raise,be careful.

[deltalo] 07/4/2021 10:02

Tick up coming.