Member Info for Bebeto

My plan is simple, just keep adding for the next 5yrs minimum and make even more life changing money. The BoD are going to take United to Mid-Cap and I'm in it all the way. ;)

Took some more as it's great value now. Surprised there's no one bleating about the pull back from 6p, this is what shares do after a decent rise as there's so much more to come they do pull back consolidate but there's a lot of buying pressure building up under the surface. I'm expecting a news rich April and by the end of that month we'll be well passed 6p on positive news.

No fundraising needed so no ramp crew needed as Brian say's the assets will promote themselves. Think the he shareprice will rise into drill results so now is the time to take more .

They could be discussing a whole raft of options and I hope something positive comes to fruition from it. As long as we have a drill bit drilling I'm a very happy holder here.

I don't know when the last time he went but all his interviews since the pandemic have been over the net just like all the meetings at my workplace.

It must something significant for him to actually go over there during the pandemic, they will at some point in the future have more rigs if they're available (and that would boost the shareprice) Looking forward to seeing any news.

The

Agree, he dismissed it in the investor call but United has a 22% non operational stake and I feel it's the operator (Kuwait) wanting to increase/expand the drilling program.

Just my gut feeling that the climate is right for a step up, looking forward to seeing any news.

Looks genuine to me

https://twitter.com/MWAP80/status/1371450150577659912?s=19

Just look at how strong the BoD is and we've even got a native Egyptian on there too.

BP has hedged our debt payable over 30 repayments and only 17 now left to complete as the company is currently generating close to $100k per day. The self funded from free cash flowdrilling campaign has taken momentum and in the current climate there's not going to be a slowdown .

As the wells & funds increase in numbers then so will expotential growth. Low Risk High Rewards.

Wondering what makes the CEO go to Egypt for talks about the future that couldn't be done in a Zoom or Skype meeting during a world pandemic.? Must be something more to it.

Yes quite possible, better out whilst the shareprice is still low. IMO

2m shares buy this morning wonder if it's connected.?

United will be earning close to $100k per day at these rates with EDC-50 rig currently drilling.

Brian just says early April in the investor call from 1:46 to 2mins.

https://youtu.be/l3IMUZ2U6ms

Agree totally, last year was a massive test and they managed to make a profit ,now the production has and will continue to increase for the foreseeable years ahead. IMO

Thanks Seismic1, I get the feeling upto 60 days is the standard for most drills and we're definitely looking at coming in earlier.

Can't wait tbh know they're moving immediately onto the next drill it's exciting times ahead here.

Yes you are correct , I couldn't work out if there would be any extra time added due to the drill being a 4 way updip compared to a standard drill. So I added 10 more days just in case.

All looking great and earlier the better in my book

Judging by the ASH-3 drill being 500metres deeper than ASD-1X currently being drilled , I'm expecting to hear news on the drill by 19th April.

Q1 quarterly production levels released beforehand.

Just my view, in Egypt depending on how successful the drills are: 2021 4 to 5 drills, 2022 4 to 5 drills, 2023 5 to 8 drills, 2024 5 to 10 drills, 2025 5 to 10 drills.

All self funded from free cash flow.

Drop was just profit taking after a decent move up, personally I've no intention of selling a bean here for at least 5yrs quite the opposite building a big a position as possible. It's a very strong BoD following a plan to making a Mid-Cap Company.