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.
Two words that go so well together like strawberries and ice cream.
Whitenight why don’t you tell us all of of your experience and qualifications in the oil and gas industry that gives you such insight that makes you believe that the proven oil and the current operations to get it to flow won’t be successful. You could have saved the company millions. I’ve asked you before but you never came back to me. Strange that.
Is your argument that past operations have failed so this one will. That is a bit like saying England will never win the Euros as they’ve not won it before. Not the strongest of arguments is it. But there is a never a dead cert apart from taxes and unfortunately death itself.
Come on England I say. 🏴
Also, in five attempts, Leeds United have never promotion through the play offs.
AND IM A MASSIVE LEEDS FAN
😄
let's just be honest. whiteknight is no expert on anything, he has just got a short opened on beacon and is ****ing himself that beacon are successful as he won't only get burnt he'll be fried.
no direct experience sheephatch, as l suspect you don’t. does that mean that one can’t have valuable insights/knowledge on an industry, business or commodity? people invest where they see opportunity, and i see an opportunity here to short and make money. i can confirm that this has paid off so far. unlike anyone who has gone long here, happy to be proven wrong but at such a low price, who has made money here going long?
to address ‘here for ****’ , no, i am not ****ting myslef, the only people who should be are the ones holding longs here.
either way, we will soon see who is laughing. give it a week and you’ll be wishing you’ll have listened to me.
Out of curiosity which platform or broker did you use to short BCE ? As I would have thought it were pretty difficult to short such a small cap company
Whitenight
We would listen to you perhaps if you have some reasonable argument that it will fail.
You’ve still not given one.
So I’ll ask again - Why do you think this will fail ?
At the moment all you can seem to come up with is that you think it will.
You honestly invest like that ????
You might be right but I think everyone else sees a massive opportunity at these ridiculously low prices to make multiples of their investment and have understood that the oil is there and all we need to do is wait whilst industry proven operations are underway to get it out the ground. Yes the company has been unsuccessful in doing it so far but that why the SP is so attractive for someone getting in now or over the last few weeks and the potential rewards so high.
Regards.
And just to point out Mr. Whitey, the contractor MND are highly experienced and are using what has been quoted as " one of the best rigs in Europe" by actual qualified industry experts not some bloke with a hunch.
All the best
Ha! Okay, well on that basis (using the best drillers in the business) I’d say it’s fairly safe to say that BCE will be absolutely dead in the water if these guys can’t deliver. And that’s exactly what’s going to happen, trust me.
Quite simply? Based on the current sp. If there is so much anticipation of positive news and 250bpd then why is the so languishing the way it is? Why is down 5% today? Why is it significantly below the price it was before oil was even found??
That’s my reasoning in its more basic form. And if you don’t take that into consideration when investing (short or long) then you really should be revising your strategy.
We’ll soon see John bell….*
Still waiting for a clear answer as to why this will fail ??
You’ve not answered the question who you are shorting with either.
No answers no idea it would seem.
Dude,your killing it today. 😂
Whiteknight I respect your view but you know as well as I do the SP is irrelevant at this point, especially on loe volume.
For balance against your negatively, Beacon have experienced contractors for sidetrack drilling, statistical analysis on sidetracks prove over a 70% success rate, based on drilling taking 2 days even you would agree drilling has been completed days ago and based on the fact any negative news would hahad to be RNS'd (and we've heard nothing), I would say the probability of success here is 85%. Therefore I like my odds and really really don't like yours.
As you say we'll soon know who's right.
HereforHemo - Totally agree with your odds, if the average success rate for a sidetrack is 70% then in this case the odds should be around 85% as you say.
Biggest trade of the day just in and it’s a buy.
The only logical explaination for Wn being so sure of a failure would be that he has inside information. Have you Wn ?
Of course you wont answer that will you.
Hepseal the longer we hear nothing the more our odds increase as it becomes safe to assume the sidetrack itself successful.
Then it's a question of can the pump extract the oil, but we know from the data logs where the invasion zone (skin) was and that the contractors have been ultra conservative on the trajectory to ensure they hit the reservoir.
No news tomorrow will do me and I'll sit holding very comfortably. Fingers crossed.
Idandy - wn was sure of failure before they drilled the sidetrack.
So wn had inside information on a drill that hadn’t been drilled 🤯🤪
A few sells coming in, if it continues, the inside track have been informed (going on past events)
Trigger fingers ready
W/N either has insider information or he is abreast of the games being played by another Aim company
But wha the heck, I’m in a bit deep so I’m wanting to see solid oil . Yes I know I’ve only invested what I can afford to lose; but I’d much rather gain lots instead
OK RUN FOR THE HILLS .................... NOT !
So I think we can all see today that Whitenight has been exposed as just odd.
Coming on the this BB pretty much daily for months with some pathetic negative comment. How sad can a persons life be to do such a thing.
I’ve accused him of not shorting before but after a straight forward question by Shareinvestor as to which broker he uses he’s unable to answer.
He also totally unable to answer a simple question as why he thinks the operation will fail.
I hope those people who have occasionally given his comments a tick now realise the strange person that has been posting all this time and encouraged his behaviour. II doubt we will hear much from him again, at least I hope he has some self respect not to.
Anyway I totally agree with comments this afternoon that every day we don’t hear is a positive thing and every day that passes we get closer to some hopefully cracking news.
Regards for now.
Sheep you don't have to be a rocket scientist to predict a downward trend when someone like Spreadex is offloading their hedge and selling around 600m shares. Holders should know that if they're not out they must be running on fumes now.
Personally I'd much rather they've sold out before news as there should be very little to suppress the expected rise when good news is released next week. Of course there's still risk but the potential upside vastly outweigh it, in my opinion.
NOW IT GETS EXCITING. GLA