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One has to be realistic .... when i have been putting up rough estimates of revenues...i have started from low as 200bopd....i have been very very cautious and careful and try not to get ahead of myself....most of us have been using 600bopd as an example....as this is the figure CEO used in interview......600bopd was a mean of projected/estimate 200bopd-1500bopd...
With the drill coming in and being more successful than pre-estimates...and more importantly oil being better quality...i will be very very surprised if we didnt hit 600bopd+....yes i think it will be HIGHER than 600bopd but will have my feets on the ground and be conservative until RNS states otherwise.
HAPPY DAYS!!!
We still seem2have a seller..well he has been with us right from the start..these stepping stones r healthy for everyone
Consolidating nicely around 0.20-0.22 levels..
Remember we consolidated at 0.8-0.10
then 0.10-12
then 0.15-.0.17
now 0.20-0.22
TREND is 📈
Ceo mentions profit margins and possible flow rates in this interview see below....please note since interview..the drill hit MOTHERLOAD...more oil than estimates and BETTER quality ...what this means is....600bopd mean should have increased substantially
https://www.youtube.com/watch?v=1COeiy22Hi8
Profit Margins are $55 per brl...
at 200bopd our profit/year=$3.96m
500bopd=$9.9m
750bopd=$14.8m
1000bopd=$$19.8m
1500bopd=$29.7m
2000bopd=$39.6m
Add 2nd Well (to come online later in the year) All above figures can be doubled
Seen all be4 ...10%/20% ers sell 1st thing...then they BUY back at PREMIUM....
everyday so far for about 5 days now we have closed HIGHER than we started of with....
Going to close HIGHER most probably DAYS high...into close imo..
Glad no rns (Flow Rates) we have MOMENTUM/SENTIMENT/VOLUMES/BUYING PRESSURE on our side.....so who needs rns right now...
Need HIGHER platform to LAUNCH from🚀
If we can it would be great to Launch from 0.40's on RNS...FLOW RATES rns itself can give us BIG RISE...if flow rates are EXCELLENT we could be looking at 0.60 and beyond...i somehow can even see us hitting 1p+
HAPPY DAYS!!!!
Over and out...hope when FLOW RATES are announced whether that be tomorrow or when-ever..i am wide awake....not dreaming about FLOW RATES in sleep....lol...
In all honesty...it dont really matter if one misses the rns...just open P/f's and see how much it has gone up by....depending on rns/flow rates...
HAPPY DREAMS!!!
Thats the key REAL value will be seen over med/long term...as we GROW and become med tier company...our resource's could end up over 100MILLION brs with ease...
SCHB2 will let us GROW at pace now....what many dont understand....we go straight into PRODUCTION....revenues will start to kick in....2nd well could be online within 4/5 mths.....between the two wells...at SCHB we could be looking at £5m-£10m+ revenues per mth....thats £60m/£120m+ per year ( top end )
Short-term traders will trade....imo BIGGEST winners will be those who hold onto their GOLDEN TICKETS for BIGGER PRIZE.
HAPPY DAYS
Major shareholders list
https://app.screencast.com/8HfZIMAzrrgRp
60% already taken by insiders......us pi's are scrambling for 40%
I blinked and missed 30% rise ( whilst asleep )....good thing is the BEST is still to come...in just three days over £5m has exchanged hands....
i hve already predicted we will see £5m and £10m being traded in just one day...that could become the norm here #bce
HAPPY DAYS!!!
I did say this is one of those shares which will keep giving
KEY is in newflows....and the QUALITY of it
we will become PRODUCER within next 3 or so wks...
revenues from schb2 well could be anything from £500k-£4m+ mth...
2nd well to come online soon
HAPPY DAYS!!
Ghost went to sleep...
thought...sod it....let upcoming FLOW RATES do the TALKING...
Looks like right decision was made
Almost 4BILLION shares traded in 3 DAYS
Today alone 33% 🔵
Not going to say WOW!!!...say that when FLOW RATES r out soon
HAPPY DAYS!!!