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There is no slippage at all HMS, the 16 April RNS predicted
"...release of the rig is now expected at the end of April 2024" and "Side track operations are expected to commence around seven days after mobilisation. The side track operation itself is expected to take approximately 14 days".
That is exactly what the 29 April RNS confirms, rig released, mobilisation of a week, drilling from around 8 May, then two weeks. No delay at all from previous position.
You prove my point. Full of negativity then the token "how nice it could be"
You are so predictable
Are you a Liverpool fan by the way? They always bang on about history š¤£
No sorry Roger, thereās a slippage if a whole week compared to announcement in pre ious RNS. A week here, couple weeks there, it all adds up and IT HAS added up ! June 23 to June 24.
Also, you just cannot ignore the oast as it can also inform the future - basic really.
As I e alluded before, even minor failures can be a good thing SO LONG AS A COMOANY LEARNS LESSINS..
Don't be condescending towards me mate I know my limits. I've been around a long while and recognise the talk.
Read what I said and don't deflect to the past. We know the history here but yesterday you talked and inferred of more slippage after the RNS when there was no more slippage at all. From the previous RNS yesterdays was a day early. Simple as that!
People make investments on the position and potential profits from the "now" that's the same on any share. Is there a profit to be made or not, that is the gamble. Previous events are consigned to the bin once research is done.
Hey Roger, are you out of your mind : āNo slippageā !
Yes we might finally get oil in June, but young Karry talked about June 2023 NOT 2024
Donāt get over emotional mate and as I keep saying - my golden rule - ONLY invest what you can completely afford to lose
Well done for shifting the deadwood tro. Youll be regretting you didnt put more in here within a few weeks.
Kev
sold the jay,i finally gave up all hope.lol.
Tro just add another 20k you know you wanna lol
MrInvestment then EaglePi and now Carrot13.
You have no credability what so ever.
š¤£š¤£š¤£š¤£
Top up...Ā£3.5k....last one
honest.lol
I just looked at the charts for the last month.
We were 0.0475 a month ago and today people are having to pay 0.06.
Thatās nearly a 30% increase over the last four weeks.
No wonder Whitenight is so sad.
Follow the money š
There is NO current slippage, the previous RNS stated the rig would be released at the end of April. It was a day early.
Everybody knows about the previous slip of a fortnight due to the previous contract over running, so please stop trying to making out there is another one as you also did yesterday. Or that it's down to the company when it is not.
Clear as bloody glass some people.
Oh but I do so want it to go up he always says. Yeah right! š
Larry first promised weād see oil produced in JUNE 2023 so effective ly and cumulatively a whole year in slippage
āWeeks have turned into months, itāll be years nextā!
Your words happy lad š
Youāre putting words in my mouth sheephatch, itās really not how I put it, you know that, youāre taking the usual gaslight approach to come across as the moral good guy. Take all that bs aside (itās not fooling me), all anyone needs to do is look at the share price, itās movement over the 3 months and the scandalous placing they recent completed. Period.
P.s. For clarity to the noob investors here, no, I donāt think this will be around in a years time.
Hms
Slippage is not bad news itās life. This is how it works - drill rigs are secured to drill and within the contract if there is a good result from the drill additional drilling may be required. Or if there are delays on that drill or slower progress then the rig is released later to the next client. What went on on that drill means nothing for this drill. Other than it is very slightly late and it is part of life in drilling, this is what happens.
It is simply not bad news it is a delay and it is an insignificant delay. Itās not like He1 for example trying to source a drill rig for months / years.
Whiteninght you state that this could go on for years so you must I presume think the company has a future if we donāt get good news in a few weeks. But then you state we will be dead in the water. You appear confused young man.
Good couple of buys this morning. Someone had to pay Ā£300 more for their second buy so I presume 15 million in one go was the maximum they could buy. Indicates a limited amount of shares out there for sale.
Well, if after a good couple of weeks readings, the bpd hasnāt even reached 150 pd then yeah, weāve all had it in my view. The low rate will not enable esp and I really do feel potential for yet another fundraiser and that would be absolutely dreadful.
The current slippage of just over a week is bad news but actually I see it as positive because itās only slippage if one week and nowt more severe.
BUT we really canāt afford any more farting around
If they āonlyā need to get to 150bpd to be self funding (which by the way it total rubbish in my view), will you finally concede that it they do not reach that target then they are dead in the water?
Weeks have turned into months, itāll be years next! Nobody is making money here unless youāre shorting.
20m net buys and down 12.5% aim šŖš
Pboo forgets he was ramping UKOG to high heavens at 11p, itās now 0.026p. But worse, he was still ramping it all over LSE at 0.18p. Possibly the only person on LSE to lose everyone 99% twice on the same share? Certainly not someone Iād be listening to when it comes to investing, oil/gas, or anything else for that matter. BCE will come good, they have a planned sidetrack, the equipment for which has been mobilised. By the end of May if the side track has worked the price will be many multiples of what it is now. I remember him posting all over UJO Wressle about how it wouldnāt flow, next thing you know they are netting $1,000,000 a month and heās nowhere to be seen.
Pboo
As per your UJO which went a little while back from about 12p to 50p I believe this can do the same.
For those people that bought in higher than the current price here at BCE itās a great shame yes, but to those who have averaged down and have got In recently there is massive potential.
Iām personally hoping to get multiples from my avaerage. Iāll take some along the way as Iām sure many will.
The company only have to get 150 BOPD out of this well to be self funding and push onto other drills etc. Hope that will be the case but Iām not that naive to believe we wonāt need a few extra quid along the way.
There are no certaintyās here at all but I like the odds that the oil will flow and the positives far out way the negatives and my money is here for success.
The company is sound, the people are very good and they are trying their best. Not every oil and gas company succeeds, hence todayās price. If you donāt like risk this is not a place for you to invest. Put it in a bank and get a few percent a year if it makes you sleep well.
Regards.
Pboo
you click onto any oil/gas/mining 3/5 year chart
they're all the same,peaks and troughs
90/95% of the that time,is probably a downtrend
5/10% of the time,is an uptrend..
so its the norm,on any exploration comp.....no doubt,you'll know,which trend to get out of,before the other dreaded trend,sets in.
i dont make the rules up,ime just saying out it works
Sheephatch
How can you support a share that has fallen from 18p to 5p in less than 6 months.
Investors are down a fortune, including your large investor UJO.