Member Info for MarcusSurrealius

A low market cap share with a contract pipeline that sneaks up slowly under the radar

Average Daily Mail reader is thick as mince but as the saying goes 'no such thing as bad publicity'

'Belluscura has signed an exclusive 10yr Licence and Royalty Agreement with InnoMax that we view as transformational and we raise our target price to 125p (100p). Belluscura has announced that it has entered into an exclusive Licence, Marketing and Distribution Agreement with its global manufacturing partner InnoMax for China, Hong Kong, Macau and Singapore. The Agreement will cover the X-PLOR following its registration, which is due later this year, and DISCOV-R in 2024. Belluscura will receive royalties on units sold, with annually increasing minimum royalties over the 10yr term of the agreement, and a profit share on accessory sales. The exclusive licence is for a minimum of five years but can be revoked by Belluscura if sales targets are not met, in which case it would convert to a non-exclusive licence. The minimum royalties are $27.5m/£22m if the licence is converted to non-exclusive in year 6, up to $55m/£44m if the exclusive licence runs for the whole term. We highlight that these are minimum guaranteed royalties and given the size of the Chinese market, could be significantly exceeded" - if that doesn't make you bullish you're in the wrong game

Nah, my average is about 0.2, would need to drop to .17 for a top up and I absolutely would, I'd buy more all the way down until news

Kodiak, thanks for clarifiying :)

From Canaccord research note: "While the NSAI report falls some way short of Pantheon's own estimate of over 1.7 billion barrels contingent resource, it is no surprise that NSAI is more cautious. In any case, the full NSAI 1C-3C range still includes Pantheon's estimate. Perhaps most importantly, though, is that the independent report simply confirms the very large scale of the RECOVERABLE RESOURCE potential, something that the market may have been sceptical of."

As part of my research into Beacon I gathered as much info as I could on the board members. I must say the wealth of experience and knowledge is very impressive. Leo Koot is one that is well worth looking at, very smart and successful O&G man. When they make announcements about transformative discoveries, I absolutely believe them

Umm... you rather confuse me here with your maths here, you switch from day to year... not being derisive just not seeing the logic

Jeez Louise, only a once in a lifetime discovery...

Had this share for years on a massive loss, I don't like selling, up 5% on my initial purchase, thought that money was gone. Will have to actually read what they've been up to

If you make a decision to buy that should be based on your own conclusions. I have a small amount here, if it goes down I'll buy the dips. The worst thing is to accept a big loss and sell when news is due. It's easy to get carried away with rampers saying '10 bagger' and expecting that to happen soon but the reality is the market almost NEVER works as simple as that. Many of the top traders out there never sell at all, just have courage and wait. This post is more for noobs and I know I'm teaching grannies to suck eggs to long term traders