Do I have this right ... if all gos ahead it will lead to a free carry to a 200m share in the asset?
3 new licences applied for, a mixture of oil and huge gas assets could be announced anytime this Q?
20m mc?
If above is right, this is a stonking buy.
I dont think timescale will be that long either and I hope we are going to get some genuine sp adding RNS's soon.
Updates on several fronts that will focus the market could drop anytime off the back of the China visit. I'm not ramping I just feel the flow of news that will get this shifting isn't far off, only time will tell!
The Bio-Techne progress update is very good news and in my opinion will take us on a decent run over the next few weeks.
I think the casual punter has been trying to trade this with put options in mind and there's been way to much obsessing over this. It's great in itself by my eyes are on a different prize.
In my opinion we are on the cusp and I'm going in again tomorrow morning. Let's hope for investors and future beneficiaries alike, thus is a massive success.
I've reluctantly topped up today, I say that as its only my psychology after yesterday's rise which was a nothing rise in the scheme of where this can end up.
Admittedly a bit further down the line and in different circumstances but we are starting this journey from a tiny MC. We see potential, get in this early and take our chance, that's my view anyway.
Great weekend to all when it comes later.
Yep I couldn't get any dummy buy offered over £400 from about 3pm yesterday and was being offered a premium for dummy sell quotes from lunchtime.
Dummy sale as of 2 mins ago offered me a reasonable premium to sell in volume.
Going to have to raise funds or arrange some financing mechanism at some point if we want to invest in other projects anyway. That was stated in the RNS with the accounts. If done for the right reason and to add value all good if and when that time comes.
I completely and utterly disagree sharebel but I'm hardly going to filter you for having a different opinion!
You set out your view and you've given in thought, that's what the boards are for.
Just personally disagree with your points :-)
I'm very interested as to what's happening here.
Can anyone shed a few words on where they think this is going? Appreciate it's guesses only om just interested in people's ideas.
I know the mode background and I've researched the BOD.
Thanks in advance and GLA
Morning all, anybody that hasn't watched yesterday's rns presentation on the beacon website really should. Delays disappointing and we were hammered for it yesterday but the underlying picture is extremely positive and much better than thought a few months back. Patience needed yes which is in short supply in life these days let alone amongst the average investor.
I'm nothing but encouraged and glad I doubled my holding yesterday.
GLA IMO
Morning Bobrad, ah no you misread the rns, figure will be in excess of 900 bopd, the figure you quoted is simply while the well is being cleaned up and 250 bopd is a mixture of oil, gas and fluid from the drill.
So you were miles out I'm afraid, good try though we were all guessing at the figure last week :-)
Added 11.3 million shares on this drop. Totally overdone, low initial pump production totally normal through clean up phase.
Reserve will be increased and bopd will end up a very decent figure. Delay yes, but all good for me.