Member Info for Glynnpeters

" Are you sure that's wise , Sir?" Sarn't Wilson.

NG commenting . I'd expect a reaction. Could be a buying opportunity.

24 april

Share prices go up on an elevator and down in a lift. This is an opportunity. I'm in for some more.

Up? Happy me. Down? I'm in for a few more.

It's ivor

Beacon Energy PLC has announced that its subsidiary, Rhein Petroleum GmbH, is expected to undergo liquidation due to disappointing reservoir performance at the SCHB-2 well, which has seen a production decline to approximately 45 barrels of oil per day.

INVESTEGATE

As a result, Beacon Energy will become an AIM Rule 15 cash shell in early January 2025.

INVESTEGATE

The company believes it has sufficient liquidity to pursue new business opportunities through the second quarter of 2025 and is confident in securing at least one agreement before then.

INVESTEGATE

While the liquidation of Rhein Petroleum and the transition to a cash shell indicate challenges, Beacon Energy's proactive approach to seeking new opportunities and its confidence in securing agreements may be seen as positive steps toward future growth.

However, the ultimate impact will depend on the company's success in executing its new business development plans.

Might be a good time to add?

Archil Gachechiladze steps down.

God bless , every one.

I could do with eating this Christmas.

Yea or nay? i say maybe.

A massive sell off this morning , 193 shares. i might make a grab for these.

Are we saved yet? Coin toss and I remain positive.

Just had mine , halifax

If ( and when )this breaks 330 , it will fly. The problem is , I can't say when.

Or straight back down to earth. its a gamble of gambles but i'm in for what might be a bumpy ride.

All this arguing is making the price tank.

You are scaring people away

Holds above 500 today , this could fly. if.