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If your smart enough to do that I’d expect t they have an isa so don’t need to worry about the tax year?
Tro it’s not 50/50 split between us your making money in this game I’m not so sadly I need to renegotiate at 90/10 split. If bce plans out I’m willing to go back to the old agreement lol
Yeah it’s been a good 3 days for bce, hopefully that’s the end of the placement shares and people jumping over from 88e pushing up the sp. I think the next leg up will be when the rig arrives on site I think.
Well done, was it circa 3 pence a few weeks back? That's three bag which is great!
Its got a 15% spread right now so that prob why its gone up so much on 14 trades.
The company is at a turning point, get this well flowing commercial oil then the SP will take off as the following drill campaigns will be funded through profits. Anything under 150 bpd they will have to reconsider their plans going forward and further raises will be due (likely). I feel we had 50 bpd before so getting the extra 100 shouldn't be hard so for me as they feel 900 bpd is achievable so 150 is the bare minimum coming out of a clean well so I'm confident this time they will get a commercial flow rate.
Sheephatch I was in HE1 as it dropped thankfully I got out before the massive drop and then the raise at crazy levels but jumped back in to gain my losses from the drop in SP.
Feel this is very much in a similar position right now, lth's are heavily under water but those just buying in have a fantastic opportunity to make some real money quickly. I don't think this will do a HE1 and 10 bag but even a 4-5 bag from here would be incredible!!! If I can double my money here ill be happy with that, been in for about 6 weeks so if I double my money in that time ill be happy but feel this could do even more than this in a short period of time.
That earl seems to get a few right, I’ve seen his name pop up when the sp does a good run.
If it gets back to the levels before I will be very happy! Yes some people are in water here but a lot of us are new and looking forward to a nice multibag in the coming few weeks.
Rock bottom right now fully funded and only a few weeks away from doing a minor drill on a well to hopefully generate upto 900 bpd from a 9 mil market company!!!!
This feels very wildcat to me, no extra spending in 2d and 3d so really feel it’s a big gamble especially if they only plan to drill one hole this year
Deep I tgink dm owns 18% currently prob paid a minimal amount for them. Once the ipo goes through he will hold 3.8%.
They think the market cap wil be 12 mil on ipo, they seems quite low tbh. I feel it’s a very risky drill one you deffo don’t want to hold until results lol
Mischief you are right we might see a bit of fomo tomorrow as the rig coukd arrive anytime from Next Monday onwards potentially as it’s mid month you could argue next week
BCE should be the next traders share after 88e so hopefully a few rampers will come across then the heard will follow. Could do with a real rampy interview with the bod when drilling starts to really excite the traders.
150 bpd is commercial and prior to the side track we were getting just under 50 bpd so this side track should get us to at least the 150 mark. The bod suggested we could get up to 600 bpd so massive upside here with such a low market cap. Hopefully in 6 weeks time this will be a 90 mil market cap company so lots of upside from here.
Bce had quite a few chunky trades go through, the bb are suggesting the placing is over which we won’t know but hopefully this will start to drive up the sentiment in this share.
The issue With ipos is you don’t know what it will do once it hits the market. Will the share rocket or drop on the first few weeks of trading it’s always a gamble to get in early
The market in general seems better Tro, feels like this is will be better than last year. Ill have to admit currently I have very few commodities in my watchlist tbh
BCE is blue too woop woop!!!!!
When's this looking to IPO?
Good price, It feels like this price is the bottom so cant see it going down much.