Member Info for Hms687

The spread is worthless to use for n analysis. BUT, both the SP and volume is creeping up slightly but surely.

Under normal circumstances, a tiny bit of consolidation thereafter it will a period of good excitement on here again.

I believe it’s about now that tomorrow will start kicking in especially after he rheinpetroleum update reassurance.

I’m happy I got my spending money in as too uos

Looks to be creaking uppity in both volume and s, albeit slight and slowly

Bludy good point.

This was published by Rhein Petroleum - I know the links but why can’t well paid Beacon staff write for us too

This once again is extremely promising.

We just need the follow through

Was Oil supposed to be there at Buffalo as well ?

Just asking for a freind

Someone on here posted that ;-

“ Everything that could have gone wrong has.

Let's hope it all goes well from now on. “

Well I certainly agree with that.

But will it go well from now ?

It’s a bit like a football team losing 10 football games and then suddenly winning the next game against a top team.

But yeah, I guess it could happen. Personally I have very knowledge in this industry and terms like a side drill means absolutely nothing to me. But the company managers and directors get paid handsomely to hopefully know what they’re doing. So far they’ve failed but very big expectations with this next drill.

Gordon Bennet I hope they do it this time

Kevin, potentially you’re right as a best case scenario.

But for this company in particular we must allow for slippage in timings. Thereafter we need to await a good few days output to gain a consistent flow rate.

I’d rather we are patient and this time get things absolutely right.

But I’m very happy to be pleasantly surprised from the ground

Look towards June

In the meantime let’s all cross our legs that no last min bad news is again unleashed upon.

I’d like a boring month please

Get the drill start May. Approx 15 days drilling. A bit more time to achieve consistent readings.

Possibly June before we’re sure what’s happening - and that’s without any more delays which we usually and inevitably get.

Sheephatch, clearly I’m long and have been for a while and staring at a paper loss hence I’ve added several smaller amounts to average a little.

I’m not worried about my paper loss because I’m absolutely certain those will disappear in an instant if we successfully drill.

I’m very happy with where I am owing to my diversified investment.

But I akways prefer to urge caution here because there are many who are ott positive and I want the people to be aware that things simply aren’t as simple as ut seems. I’d rather people are aware of risks before and not after an event.

Who else feels it’s more a question of WHAT will go wrong next ?

Is anyone simply worried IF anything goes wrong again ?

WHAT or IF ?

Alternatively we get news of a few hundred barrels of daily oil early June and the SP becomes a minimum ten bagger ?

What’s it gonna be

A big clue would be to follow if anyone else buys a stake

Small spending money top up made yet again.

LegalWolf : I can’t remember exact figures but yes I think they’ve found an out 8 million barrels just at Erfelden and loads more in reserves.

But as in Buffalo where they had also located tons of oil, the company managed to pull disaster out of the jaws of victory despite CPR etc

That’s the worry

IF we survive to hit oil then this will be much much bigger than just a five bagger. But if it dies t than what ?

Punters don’t really seem too confident based on volume and lack of price action.

Personally I’m still considering throwing in a little more pocket money even though I already have plenty if skin in this .

Risk reward is good - but make no mistake, risk is still there.

Point : ONLY INVEST WHAT YOU CAN AFFORD TO LOSE

…. and I do t really expect much until after successful dude track rig entry ( or should say IF)

I do t mean to sound pessimistic but at the same time people need to be weary about being carried away.

The hard facts is there is little to none plume here; and no sp movement.

I think it all will revolve around success in us getting oil after which it will be like an everything or bust - looking 51/49 at tge moment

I don’t know, I may even throw in a bit more spending money into the pot if I can get some

According to longer term plans we’d certainly need our own rig .

I also don’t know what Whitenight had said, but once again he has been spot on correct !

Please don’t give me this nonsense about things being outside of the company’s control - ITS THE COMPANY THAT CHISE THE DRILL !

It really is walking a tight rope now and once again, YET AGAIN edging towards a further fundraiser because it seems inevitable that further delays will happen - why wouldn’t it given the track record.

Still, if anyone has cash to spare - meaning completely disposable money then it’s worth throwing a little into this - “ in for a penny, in for a pound”

I agree with you here TOTALLY :- “

For a couple of thousand pounds you can buy a lot of shares, and even if only a few hundred, if you can afford to lose it, then this could pay off handsomely both short and long term.“

This is one of those rare plays with potential to be not a ten bagger but literally a 100 bagger from this level. BUT you must be prepared to lose it all too if it goes pear shaped.

Clearly I’m wanting to see oil

I expect whatever comes this way Roger !

The hard work for me was done by ensuring diversification of my investments ( which includes much more than just stick shares. My hard work was also done by ensuring every penny I’ve invested is what I can afford to lose.

But I’ll tell you why i expect bad - read the RNS ( as bith Beacon and ADV before) - you will see a whole catalogue of targets that have been missed - arguably it’s more ridicule to find any that’s not been missed.

But you never know, all of a sudden this might not flop again next month.

so you’re not expecting another **** up roger to add to the many we already have ?

Roger, without reading through my previous notes, just a quick glance of the figures purely on the current well can easily see the SP rise ten fold. With the reserves, potential ten bagger from there again. And then there is possible new developments in Germany or even elsewhere. In the meantime, global crude prices rises should kick in to make significant difference as well. So yes, I say five whole pence is possible in a few years time if everything fits into place.

But I also accept things could go completely pear shaped if we don’t hit proper oil sooner rather than later - it could go zero.

Personally I do hold a few million (shares) so obviously rooting for success. So far I’m absolutely glad that young Larry has finally been put out to pasture.

But it’s still on a knife edge as far as I’m concerned. It’s diffucult to maintain confidence in a company that’s made it a living to manage failure after failure