Member Info for kr1988

Not sure tbh but looking at the trades lots of meaty numbers are appearing. I wish BCE had that much volume being traded daily.

Legal they managed to get 50 bpd from the well so did some sand blasting which didnt work. Their is some formation damage so they are going to do a small side track (80 meters i believe) to get past the damage and this should help increase the bpd. They need 150 to be commercial. The more bpd they have the quicker they can self fund the further 3 explorations wells within their portfolio.

If we hit 150 then this will be transformational for the business, if they dont reach this then they may have problems.

Lets see if it goes sub 10 pence.....

Yep sadly so that was a real blow however all is not lost….. they drill for helium in a few months so if they hit a duster on their current well the sp will dive giving a buying opp ready for the helium drill

Yeah I think it will drop down, give it a few months of no news and it will fall back I think. I might get in once bce is done might not hit the bottom but happy to sit and wait for the summer.

Men I’ve watched this I think it’s the traders who have had one final play before it delists. After the pump last week I tgink it will slowly drift

88e recently had a pump just after spud if I remember correctly then another pump when the first results came out. Different companies but I’d expect something similar here so hopefully we will see 50% from todays price by the day we spud.

We seemed to of recovered from the blip yesterday just shows their is plenty of interest in this share. When good news starts to drop this should take off

Better than mine I used my real name lol

Have you read the new presentation they talk about doing a farm out and commercialisation now. Looking at timelines oil won’t be produced until 2026 which isn’t long but in this world is a long time

88e have had a few bad days I think everyone is pouring out now the news is out so will go quite until next year. I see that Scot is still there basing the share. I don’t get him honestly why keep going on about it and just leave

Not many companies own their own rig and I suspect there is a reason for that. Firstly the cost then you also need a crew I don’t think it’s that simple to man a rig. He1 did the same but I know they were posting on LinkedIn trying to get people so I think sometimes renting is easier than owning the rig.

It’s only 2 weeks the delay, if you invested in he1 you’ll know delays happen and that’s a part of life. I appreciate bce telling us their is a delay rather than us sitting here thinking an rns will drop to say that spud has started when it’s delayed.

Yeah it’s recovered well thankfully, I suspect a lot of the shares are in sticky hands right now and are waiting for results.

It also helps this was a new low today so anyone selling wouid of been at a loss so prob stopped the sell a bit

Prem tends to move quite quickly so any news and it will shoot up 20%

I’ve done a few dummy sells today and around 8.10 I could sell at 0.46 around an hour later 0.47 and just now it’s gone to over 0.49 so it feels like despite the drop earlier it’s recovered well.

Yeah not ideal but it’s only 2 weeks which isn’t the end if the world. I suspect a slight pull back todsy but that’s expected with delays.

Not ideal but it’s only a few weeks, if you have spare cash maybe an oppertunity to top up if this pulls back this am

Yeah 150 was banded around a few times by the bod. I haven’t got proof but they said before that 150 was commercial then the more bpd the quicker they could do the other 3 wells.

Tro bce is no longer red on the tv?

Legal not sure when the rise will come, I’d expect once rig arrives it might start to awaken up but for the multiple bags may have to wait until results. I’ve found before it moves up or down quite a bit a few days before results so it’s very leaky but any day it drops 20% I’d be out in a shot.

I guess that’s the traders getting out dai. It will go quite over their until next December so people are getting out now.

Update over night still only another 50 bpd…. Looking at around 100 bpd for both areas.

I think they will have to go away pick a prime location then maybe so a horizontal drill to get the best of the flow rates based on what they said.