The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Well this company is known for being leaky…. Rns tomorrow?
A 100 million share buy is no punt.
Nice to see a blue finish after the volume today.
100 mill buy there
It held its gains from Friday which is really good, you sometimes see shares go up on a Friday due to FOMO thenn drop the Monday on no news.
Its dissappointng not to of held the gains earlier but we are still in the blue and not red yet. Hopefully we will get an RNS tomorrow confirming that spud has begun and see another boost in the sp.
That the price hasn't even held one day !? Should have waited until this afternoon, that bloody crystal ball again !!!
GLA ATB DYOR
Spreadex will still have some to get rid of, this morning was just a glimpse of what’s to come once they are out and the drilling starts. A few PIs have bought the best value early bird tickets last week and this morning, some will be paying a premium nearer the time and many more will be paying many multiples after the event.
3 of the 10m trades have the exact same time stamp. so i'm not sure there were 4 sells. my share stream volume doesn't match either.
Some people taking profits and good luck to them I suppose. 30%/40% up on recent lows. Generally small trades.
But I do feel they have not understood the possibility here and the huge returns that are possible here.
The big buys we saw recently of 20 million each time aren’t selling and that should convince most people to stay the course.
Regards
.
Funny thing is - that’s spreadex probably selling and closer to being sold out of BCE.
So people sell?
Last time they took to X to announce the rig maybe they will again this time.
4 blocks of 10m sells seems to have kicked off more selling. volume good at 300m shares.
I agree, 150 bpd is the magic figure for now as it means self financing. It also means we’re all set for amazing prospects and this SP could well become a MULTI MULTI BAGGER within 2024.
Please Beacon, I’m begging, no more mess ups.
Just a reminder for the newbies 150 bpd is deemed commercial, previously we had 50 bpd so should achieve the commerial level easily, looking 500 bpd plus realistically.
Hopefully a nice RNS drops within the next few days to keep this momentium going.
Just a reminder…
“Sidetrack operations are expected to commence on or around 8 May 2024. The sidetrack operation itself is expected to take approximately 14 days. Once the rig has been demobilised from the Erfelden site, production is expected to re-commence during the last week of May 2024.”
TO BEGIN ON OR AROUND THE 8TH, NOT THE 15TH.
Just a reminder to any new investors of what the possibilities are -
150 bopd = $40k per month
300 bopd = $295k per month
600 bopd = $805k per month
900 bopd = $1,310,000 per month
Just 150 BOPD required to be self funding and the company able to push on and drill again.
In about 3 wks time we will get them improved ( fingers crossed ) production figures...
Operations/sidetrack due to commence tomorrow...14 day program...thereafter PRODUCTION starts..
300Bopd - 900Bopd = 300K - 1.5M euros per month...
Key is get this SCHB2 Sidetrack flowing with improved flow rates ( 300bopd )...then add EP which could take us to around 900Bopd...
Once we get going with SCHB2...it wont be long for us to start working towards SCHB3 / SCHB4...remember aim is to get to around 4000Bopd from Erfelden alone in next couple or so yrs...
HAPPY DAYS!!!
Been watching this for many months. Just bought 13k's worth, a little later than I wished but still substantial upside possibilities from here. GLA
Overhang gone and people loading up, equipment on site next Monday, 2 weeks drilling, could be triple here by the end of May. My first target is “0.20p.
Just got rid of SCIR, big loss.
Brought more here, another small top up.
Every penny helps
Caser, you cannot sell shares through Spreadex, they are not a broker, they are a spread betting entity - you can take out a position in a share, long or short, but you cannot sell a holding through Spreadex. If they once held 6% of a company it is because their clients had bought long positions in BCE to the tune of 6% of the company. Speadex will "hedge" their book position in BCE by buying the shares in the market, otherwise they would be exposed to the market risk of 6% of BCE.
CrustyPete ...spreadex clients came through the back door ( placing, mates rate )....glad to see them on last legs ..they are under 3% now...from around 6%+..
MadEnglish ...on 26th of april....spreadex had 2.98% left ( under 3% )...now they will be gone with out any further TR1's unless they ADD and cross above 3% which i doubt...
0.07 paid this morning and it’s not even 08:30.
What this could be at the end of the week is anyone’s guess.
Hi Casper, sorry if I sound ignorant ( I am ) How do we know when Spreadex are out ? Or is it just a best guess on sells dropping off ?
ATB GLA DYOR
Spreadex's position is only the aggregated "net" position of all their spread betting clients - it is not Spreadex that are taking the Mick! They only reflect the actions of their traders - short or long.