Member Info for kr1988

Ok to reach the old high that a 4 bag but still the company will only have a market cap of 40 mil. Very few profit making companies have such a low market cap. I guess it will come down to how many bpd!

Swissy it reached 0.27 when they found oil initially and that’s over a 4 bag from today’s price but we have had a dilution since then.

Like tro said it’s all about their being no delays, we had an update 2 weeks back saying mid April so we have had recent news confirming it’s in schedule.

I think this is one to trade I tgink it wil be like he1 where it goes on a big run but pulls back massively it’s a case of getting the top and not going for the long haul so to speak as you’ll be left waiting for the next rise which could be next year

So the low down on bce….

They have an oil field that currently generates 50 bpd, they did the drill but it’s became blocked so they tried to do sand netting to get past the blockage and it didn’t work. They have now done a raise at 0.05 to cover the costs of a side track. The rig is due mid April so anytime now, it will then take a week to put together and then spud will be 3 days. Following flow testing they hope to get upto 900 bpd. 150 is deemed commercial but I’d expect they wouid get more like 300 rather than 900 if I’m being honest. The oil is there just something went wrong with the last drill preventing it fully coming up.

Cos not sure but in a recent interview or they advise the risk was low as they have a better understanding of what is below ground, they have a better drill crew and the well will only be open for 3 days. They need atleast 150 to become commercial and presuming they had 50 before it’s not a huge amount more to get to the commercial goal which will be the massive rerate

Good short term punt? I’d say yes sp is currentky at placing prices and 88e are due to announce results this week so could see traders jump from their to bce and coupled with news this Shoud move quickly. Hopefully within the next month it will all be complete and I’ll be out with a 3 or 4 bagger

I agree hopefully next few weeks we will start to get some news filtering through. Once the rig is up I think drillling only takes 3 days. Last time they announced when spud was complete so coukd get an rns saying drilling has started then later in the week to say it’s complete.

How long does flow testing take?

Looks a few gems right now, prem and Geni both look like good returns. I just hope bce comes out the blue and smashes both of them lol

It feels a much better year this year lots of multi baggers already so hopefully it’s turning after a difficult last year

Pr it’s difficult getting it right don’t want to pump it too much but too little it goes under the radar.

I’m sure once 88e plays out we will see traders jump from their into bce for a quick win.

Hopefully once the drill arrives and they do another interview that will kick off the excitement. Worst case senario I walk away with my initial investment…

I’ve found bce tends to be leaky so I’m sure when good news comes the market will move up or down in advance of the rns

Sadly dai your right I like to buy high sell low lol

Don’t worry tro bce will take off, if your in I have faith my investment their will take off lol

No that’s deffo good, I was hoping for the same fomo over in bce.

If you can watch each Friday as you might see that the sp goes up on a Friday and drops Monday (on no news) coukd be an easy trade to buy thur and sell Friday or Monday morning

If they can get the plant running that sp should be double I’d expect so it makes sense to do a small one now then a another in 2 months time to pay off the creditors when the sp is higher

150 was deemed to be commercial they managed circa 50 barrels prior to this side track so I’ll take anything over 150 as that’s self funding.

As Roger said the more bpd the quicker they can drill further wells but get a good result here and the sp will rerate massively as the play will be massively derisked.

I think it reached 0.27 when they announced good results but since then it’s pulled back and had another placing. I tgink it really depends how many bpd they get. 150 is commercial and ensures that no future fund raises are required so I’d expect it to reach the 0.27 mark again. If it got 900 bpd more but I think the key strait off will be it’s either commercial or not commercial. The extra bpd won’t affect the price massively I don’t think

You can’t catch them all dai, but tbh if I can build my pot up again I might start to diversify rather than going all in with shares as I do know the risks. Zeph seems to of hit a platoe now doesn’t seem to want to go any higher so maybe that one’s peaked now

900 bpd in just a few weeks time I’ll be seeing green lol

Mischief it’s not ramping it’s just people stating facts and if they sound good to you then yes maybe you should buy before the super huge…. No! mega massive news drops in mere days. Game changing news could drop as early as tomorrow morning or Monday morning!!!!! Or you could just sit on the side and wish you had gambled on this 99% cos project.

We might get an update Monday saying that the rig has arrived at site and they intend to spud on x date. Hopefully that will be the catalyst for people to jump in or least give it a 20-30% boost.

I wouidnt want to be out over the weekend…. Fomo Friday?

Horult i post on the BCE board occasionally but apart from that I dont post else where bar here. Too many wierdos out their lol

HEX i think will go up more however the risk is a lot higher because they are back where HE1 were 3 years back. They have a more chance as they know helium is in the area and have experience from HE1 and learned from what went on.