Bahamas Petroleum Share Discussion Threads

[donaferentes] 08/4/2021 10:50

2.0p by May 17

[dirtybert] 08/4/2021 10:49

Even more lol'age as it climbs ....

[zxie] 08/4/2021 10:43

0.70p afternoon

[zxie] 08/4/2021 10:43

Still top up

[12bn] 08/4/2021 10:27

Mind your own business.

[dirtybert] 08/4/2021 10:22

What price would you like to buy at 12bn ? Seems a lot of interest for someone advising risks otherwise ?

[12bn] 08/4/2021 10:10

The market cap is £30.2m but BPC is serial loss maker,this is way over-priced imo.

[12bn] 08/4/2021 10:09

The only thing we actually know is that BPC has said it will need $25m-$40m.

[12bn] 08/4/2021 10:07

deltalo,how do you know what Saffron 2 will produce? It hasn't been drilled yet! You are just posting WISHFUL THINKING as fact,as usual.

[deltalo] 08/4/2021 09:55

25m a year revenue from just the Saffron field,with an oil price of 60 dpb13min the bank and another 14m available, saffron cost is 3m and that includes everything right up to even producing, I'm not if it's payable after the producing stage.Good price for return.

[deltalo] 08/4/2021 09:40

L2 is looking good, expect another tick up

[12bn] 08/4/2021 09:36

This is far too risky to buy milanista11 as dilution could arrive at any time and the traders could lose big time if they are still in this. My guess is a placing at around 0.35p but there could be a consolidation first. This is not just a gamble on Saffron but a BIG gamble on when DILUTION will arrive.

[milanista11] 08/4/2021 09:29

12bn
I know, but in the case of BPC I don't see the massive increase in the turnover. The actual players are still the holders that have suffered losses of more than 95% and the eventual gambler that joined recently. Potentially I would be one of them, but I still resisted the impulse to make a quick buck or better quid. Too risky and obviously a pump and dump scheme. There are other opportunities. And anyway I went in with Trin. I am already invested in Trini oil.

[12bn] 08/4/2021 09:21

Be careful not to hold this so long that you get caught by the inevitable DILUTION which is coming soon. $25m-$40m will need a lot of shares issued at a BIG discount imo.

[milanista11] 08/4/2021 09:13

12bn
Hot money? We are speaking of a daily turnover of 100000 GBP to 350000 GBP max. This "hype" is a very small wave in a glass. This is a play for the aficionados. The big plays are elsewhere. The big hands would move this stock to the sky if they would put some million pounds on the table and not just pennies as it is the case now. .

The plans of Simon Potter are megalomaniac just as even more the assumption that offshore Uruguay there is a deposit of 1.4 billion barrels of oil.

[zxie] 08/4/2021 09:12

The bottom is the best. Oil shares is very strong just A news will jump higher

[deltalo] 08/4/2021 09:10

Definitely

[zxie] 08/4/2021 09:07

Loading time mate

[zxie] 08/4/2021 09:06

Yes LSE is start hot chat

[deltalo] 08/4/2021 09:05

Volume has picked up in the last few days, Taking position's before the Saffron news.Very cheap entry price.

[zxie] 08/4/2021 09:01

1 hour after 0.70p