Member Info for Hms687

IF there is oil still there then there must be a way of getting that out very economically- but relatively small funding will be required for a new drill.

We should account Larry and his mates who have benefitted in their £Ms to fund this drill.

OR FACE JAIL ! ENOUGH IS ENOUGH

Shall we ?

This monstrosity seems to be going only one way with a few dead cat bounces along the way. It’s ultimately heading to zero value because they’re penniless and can’t afford anymore proper digging. All the big guns are only selling.

Yes there still might be oil down there but even after the failed attempts - who is going to fund the drill ?

I think Larry and co must be told to fund up or otherwise go to long term jail

Fair ?

New Trade : perhaps naive about everything the company tell us.

If you go by all their reports then it seems a no brainer about tge prospects for the company. But still we await results of substance.

We were informed gushing oil in June not this month but June 2023 ! WHERE IS IT ?

It was same with preceding company Advance

NewTrade : or perhaps you are just naive despite everything

Memory going again - I’m sure in response to someone else I’d posted that the Beacon bod should be reported to the police for fraud; and the Larry should be prevented from heaving the country

It seems my post has been extinguished somehow ?

I’d always said the risk/reward here was very good. Perhaps 50% risk versus 1000% reward.

But from let’s say 0.05p it went to 0.01 - some 99% down not just 50%

I’d say we should see this eventually go back to between 0.02 - 0.03 p

Ideally I should average down and even dream profit again. But liquidity is very scarce for me.

PKEASE EVERYINE : DYOR - Dint just listen to me

ConsettCowboy : I dint know who you are but honestly, you are absolutely spot on ! Fact is, I e suspected such for a long time myself. But but can we do - we’re already head over geeks in here.

There is no pit of gold - only real pathway back is to trade this - something I didn’t really want to do

Is that 3.6 billion Downbutnot

What’s the volume today so far ?

HL and here state it’s -1,704,000,000 what does thus figure even mean ?

Why ?

Why is it like pulling teeth - to get everyone United; to receive response from company; or just the state of the law ( evidence required etc)

Exhik & Grey Panther : my thanjs to you for your considered responses. The hopes dirs at this stage seem scarce.

I’ve akways prided myself to “not suffer fools gladly”. Also, “once bitten, twice shy” and all that.

I think it’s Carrot who earlier today hinted jegal action of sorts could be considered - but that would be civil law. These people right now seem to be more criminal.

Crap, deliberately vague RNS out yesterday after waiting for over a year now. And bang, they fade into a silent background again.

Exhik ; I do very strongly symphatiser with you and your finances. I know I’ve akways myself preached to only invest what we can afford to lose, but my word : it’s not a great feeling still.

Case Fountain : What is EOR please ? I e genuinely no idea.

Also, if there is proven 7 or 8 million barrels of oil down there why can’t we simply get it out as per the initial various reports undertaken by the company including CPR etc

To be initial projected costs of the first drill was “only” about £6 mill

EZHIK. : In your learned opinion, do you still see any light at the end of this very long tunnel here ?

Perhaps be taken over by a larger more professional group as the figures for reserves, even yesterday are still extremely economical even just for Erfelden

Ralladev : I’m gonna tell you a secret, but please don’t tell anyone.

The people at Beacon are NUMBER ONE con artists and they prey on people exactly like you.

But I’m genuinely heartened that you’ve only invested money you can afford to lose completely

Matter : I can’t really see this coming back either unless the board surprise us in tge very near future - though I suspect they’ll be coming to us once again cap in hand to buy a few more knifes forks and buckets to scoop out the drops of oil.

This just looks like a traders toy now

Tomorrow this will have another sharpish movement - not sure which way though but down I guess in absence of any word from the thieves at Isle of Man

Just topped up with another couple million shares

It’s actually just pocket money now

View to either average down or await enlightenment of some frukin sort from the crooks at Beacon company

Do we need funding ? - How much ?

Or do we just euthanise this wretched beast now ?

Yes, really not even worth selling for me

FWIW I don’t think it was any miscalculation, just outright fraud by tge board

Not even a single word about when they’re gonna sort it

I reckon they’re all gonna tuck off to South America or something secretly

What have they been doing ?

Beyond ridiculous