Bahamas Petroleum Share Discussion Threads

[deltalo] 17/5/2021 19:15

So your saying it's better for the company not to have that available entitlement if needed, when Saffron 2 is producing I'm sure the market won't worry about a few million shares been issued to deliver new wells that'll be delivering revenue. You don't understand the importance today do you. it'll make no difference to the share price and probably inflate the mkcap. I've seen this many times over the year's so I know the crack. I know your not invested so it doesn't concern you really does it. Mind your own business BigSi2. Any finally got out to cot the lawn today after a month if rain . Atb BS

[bigsi2] 17/5/2021 18:13

"Results" ??!!Interesting turn of phrase for today's EGM.. surely not relevant to mugged off PIs??- permission to raise cash at 40% dilution to existing holders and permission to then extend to 750m post consolidation- so another 50% dilution.A RESULT for BOD for sure -

[deltalo] 17/5/2021 17:08

12bs, You really don't understand the importance of today's results really do you, and less of the poor, I'm far from poor my irritating friend. I see you're also trolling Kod , you really need a job and a life as spending all day worrying about others on the market's is pleasing for me to know that your time and life is being waisted. should of been given to someone who'd make better use of it but hey that's life. Now I'm waisting my time posting to you but you seem to think you know everything so you already know this. I'm off to cut the lawn. Enjoy the weeks and months ahead, Have fun.

[12bn] 17/5/2021 16:37

Poor dimtalo,he hasn't quite worked out why the BoD want the authority to issue 7500m shares at todays price. They want to raise cash for paper (although now it is all electronic) and printing shares is like printing money for them. DILUTION,big sells,possible death spiral finance and debts paid with shares is all to come. The 10m trades were probably roll-overs and sells today imo.

[deltalo] 17/5/2021 16:35

Yeah, the countdown is on, exciting time to be in this now.

[zxie] 17/5/2021 16:28

Very good trades today looking upward

[zxie] 17/5/2021 16:28

Wait to Friday

[milanista11] 17/5/2021 16:19

Cannot understand the multimillionare's hype. Finally 10 Mio. shares are around 35000 GBP. Not terrific.

[deltalo] 17/5/2021 15:36

Good result today, next step, the open-offer outcome, then the Saffron2 drilling in six days time, so only 4 more trading days before it all begins. I expect investors will be loading up big time in the coming days just like the 10m buyer today. We're getting to that time now when if you want in at a good price then now's it imo. Atb.

[zxie] 17/5/2021 14:19

Tomorrow Latest time and date for receipt of Application Forms and payment in full under the Open Offer and settlement of relevant CREST instructions (as appropriate)

[mistt] 17/5/2021 14:12

Sometimes you need reminding just how mental AIM can be. If they can spin saffron then buying at 4p might not be so gullible but for sure as this was going to be 0.50p on a P1 duster and 0.35p on a raising, you'll be able to pick this hare up for below 3.5p in a couple of months. But fair play to the traders.

[zxie] 17/5/2021 13:45

3+10m buy before EGM news

[zxie] 17/5/2021 13:44

Saffron-2 next update

[zxie] 17/5/2021 13:37

BPC, the Caribbean and Atlantic margin focused oil and gas company, withproduction, appraisal, development and onshore and offshore exploration assetsacross the region, is pleased to announce that each of the resolutionsproposed at the Extraordinary General Meeting of the Company ('EGM'), heldearlier today, were passed. The full text of each resolution was included inthe Notice of Extraordinary General Meeting of the Company, circulated to

[mr woodland] 17/5/2021 13:28

New fool Bigberty99Member since: 30 Apr 2021

[bigberty99] 17/5/2021 13:25

2 of them are cancelled idiot

[deltalo] 17/5/2021 13:05

3x 10m buys

[zxie] 17/5/2021 13:04

Billion volume loading in

[zxie] 17/5/2021 13:04

Start Rise up now

[zxie] 17/5/2021 13:04

Yes all pass

[zxie] 17/5/2021 13:02

Mr. Eytan Uliel, who will assume the role as Chief Executive Officer of the Company effective 27 May 2021, and who will become a director of the Company on completion of customary due diligence and on-boarding processes, currently holds approximately 59.1 million shares in the Company. Mr. Uliel's entitlement under the Open Offer is thus for approximately 24 million Open Offer Shares. Mr. Uliel has indicated that he intends to exercise his entitlement to subscribe for 24 million shares in the Open Offer, as well as subscribe for an additional 10 million shares in the Fundraising.