Member Info for downbutnotout

Looks like the 10% mob have arrived early today.

119m buy just gone through

Platform has potential to deliver 4,000 bopd in the coming years. most here would be happy with 100 bopd right now.

Latest presentation was in March and thats more recent then the RNSs ScarletVixen posted links to

https://www.beaconenergyplc.com/media-centre/print-digital/

12 mins in they talk about the sidetrack and using a pump but don't say what type of pump. they seemed confident of getting good production because the log data from the initial well drill said so?

The fact that they went straight for the ESP might be because of data collected from the initial drill and they were expecting a good well response. So to paint this as reckless would be wrong.

Hard to tell where the supports are as its just got back trading again. its done a 50% retrace of the 10 to 18p rise. it may well settle in the mid 13s. most of that rise might be a p&d / short squeeze.

i'll be watching sp. tempted to wait for 10p as don't have much in spare funds right now.

Crude target $72. may go a little lower. 71.35

its hovering around 73 at the mo.

Down 50%

Cant get a bid price. but offer price ticked up a wee bit.

Sorry think i got that wrong. I remember now.. I was dreaming it would open at 8p not 8 bagger.

Why do you want to buy with oil price tanking. other commodities are down too. silver at a months low. whats going on??

0.0103 was probably a buy.

Disappointing. I had dreams of an 8 bagger from 10p when the sp wasn't trading.

PFCvet you tempted back in? or waiting for lower c.10p?

MM tricks. some sells are actually buys.

Or maybe oil price down due to opec increasing production?

You were saying Carrot13?

108 to buy more than about £4Ks worth

$4 drop..

$73??

Its a whole new world out there. this is now planet D4E.

I'm gutted. sold too soon at 14.6p. i've just seen to 17p resistance line on the technicals. my bad for not spotting that earlier.