Member Info for Ra11adw2

13k and 4k must be buys instead of sells because share price shot up soon as they traded. Still wont past 0.9p, everything seems priced in until operation.

Next week operation starts, hopefully they hit extra 100bopd, 300bopd, 500bopd etc and we shareholders are rewarded and not misled as HMS stated. Then beacon can finally rise/multibag from this terrible share price.

Anything under 50bopd or nothing at all will be seen as failure by markets. However producing 40bopd now + lets say 50bopd extra from operation+ ongoing cleanup which gives little more bopd, BCE could still be 100bopd overall. Is that so bad? Better then 40bopd, more revenues coming in.

In this worst case scenario, considering cash + debt, they may do a small placing for the next de-risked wells. Just thinking worst that can happen. This well is supposed to fund the next drilling wells, the whole point trying become a self sustainable business.

Lots of gas and oil stocks down 2%-5% this morning just to name the few: UJO (our shareholder), Ptal, Angs. Casp, Bloe, Uog, Bp to name the few. They are all down, not just beacon and they are down for no particular reason.

These filtered trolls aka wknight and others are having a field day this morning. I will be buying more now its down a bit more due to markets, sectors or whatever else reason.

There is very big resistance at 0.8p, will take something to break it like very bad news.

Even those large red trades if they are buys or sells no one knows, but the share price would be 0.7p if that was the case, clearly its holding 0.8p until operation starts and finishes.

Normally we would be rising in anticipation or a pump for next 1 and half weeks but looks like markets and shareholders are cautious, nervous and have settled with 0.8p as the fair price right now.

Hemo I understand, since 2023 i started to put stop losses. So this way even though its Aim stocks and volatile I wont loose much. Bluejay 2 half years too late, and paying the price.

BCE is different sector and different things, as you said be careful, but can be very successful. They will be completing clean up, producing 40bopd right now and doing sand jetting operation end of Jan to increase bopd 100-900. They are spending 500k which is funded and general expenses mostly funded. It only needs partial/full success and share price from such lows should multibag.

I will get news end of the month with BCE, its favourable. They have oil and loads of reserves all there, its not hidden away or disappeared.

Bluejay news anytime in 2024 and we have no idea when or whats happening. Bluejay have no production near term or long term at this rate of any sorts. Also clearly no cash except the cash thats going to the management now.

Even other mining companies like prem or vast, if its production or diamonds coming. These mining stocks are more near term and share prices are already low. Even though these stocks are like Bluejay with promises, placings and expectations at least they hitting some targets.

Bluejay do nothing, hit no targets and have now diluted shareholders further. Bluejay is a joke, no strategics, no drilling info, placing making share price go down to companies I just mentioned.

See the difference? Right now those volatile and pump and dump stocks are better investments then Bluejay, Bluejay looks like complete crap now!

Of course in 12 months this could all change if strategics, sales or drilling come, but otherwise nothing. I don't trust this company anymore.

I remember few months ago whoever it was on here was stating legal action. I think its time to take legal action, I am sending many emails to Bluejay and stating my intentions.

These crooks have stolen, lied and done nothing. Forget about insider selling or buying, these snakes did numerous interviews basically promising shareholders strategics end of 2023 for 4-5 months.

Then management is sacked or leave due to incompetence and nothing delivered, then we get insider buying the only positive share price still tanks.

Now all of a sudden placing to raise money to keep lights on I presume for the short term as they do not have much money, with many more placings in the future until they get good news. Disgusting company and management. Still accomplished nothing!

Only drilling info and any strategics if they happen or when they happen + sale assets can save this company now and bring share price back over 1p.

Otherwise I want it to go bankrupt, my money is already down so much its not worth selling. I want these bluejay scumbags to pay.

just when i post disgraceful company and they do a placing just to **** me off. now i am going to send a angry email regarding this placing. they can ****themselves.

i am done this company in terms of trust, i cant sell no way i have to hold for 1 year now, others probably average down but i gave it chances.

too many interviews and lies regarding strategics that should have happened by now. we should be 1p-2p now.

why did that guy buy shares? average down? long term? they are stealing from investors and doing ******* nothing.

is this money going to be used wisely or another placing in the future? nothing this company does can be trusted now. no one can speak positive about this company now.

others may think 1/2 years its going to turn around with strategics or drilling or whatever. we are far from 1p, probably going to 0.20s from the 0.40s placing and wont get up past 0.50s without huge investment, strategics or news.

I said in December and previous months if they do not get strategic investors by end of 2023 or 1st week of Jan as stated in numerous interviews by Rob Edwards who's gone now i will be very displeased.

This is a dreadful company/management and I have sent emails with very upset and angry tone. I will continue to do so, disgusting company.

So Rob Edwards and others left and another management in but not new, also they brought more shares positive yet share price down more?

Share price is nearing 0.40s now complete joke, we was trading stable 0.60s-0.80s for a long time. All that progress gone, 1p placing so far away now.

This money stealing company better start giving positive news from now on, there is nothing bad left to give apart from liquidation and bankruptcy.

They need to give any strategics/ investments fast + drilling info, or my emails to them will get even more persistent and angry.

I feel so bad for all investors at 1p and above including my self. This company has made me stay away from mining companies now, unless they are producing or near to producing.

I sent a message to beacon HR regarding ongoing cleanup, operation and other key points of interest to see if could get any positive info and tried to word it best way I could but they said:

*Unable to specific operation details unless they are already public domain, Industry well stimulation in 4th week Jan 2024, company expect to provide further updates on cleanup operations, well simulation, and installation of ESP*

Would of liked a yes, little or good increase statement for the ongoing cleanup they don't have to provide numbers, Someone here posted that giving info on bopd 10, 20,30,50 increase and it shouldn't matter. But clearly it does matter and is price sensitive information.

4th week of Jan is still targeted no change its the 16th today, 4th week is 22nd so at least no delays regarding operation at this late stage. We don't want a RNS end of this week stating its delayed to FEB, so its clearly on schedule.

So we just have to go in blind and wait end of Jan believe its going to partial/fully work or not.

Looks like BCE will be stuck between 0.8p-0.9p this week, more time to add I guess? Couple millions or 10-20 million shares probably risk enough for most.

0.8p-0.9p seems like the bottom now and should not go any lower until operation. It should start next week and take 1 week (7 days) approx hopefully not more as there is always a delay.

Weekend work days should also count, so 22nd Jan - 31st Jan. This 10 day timeframe should be enough time to get some kind of result even with any delays.

So close to production of 4000 tonnes of SC6 in Feb if this deadline not missed. Then everyones happy and share price goes up. But George using word expensive in the RNS does not help, especially if prem run out money in Feb.

Not a bad buy at this price 0.19s even if over budget and timeline, we know plant is being built. We had drill results and know it is in the ground. Grades over 7% which is world leading.

If Canmax wanted to walk they would have ages ago. Its a high risk company, only invest what you can. Rewards can be huge, just like many aim stocks.

If there is a delay George is forced to call a EGM and do placing. If its 1 billion or 2 billion to get them over the line, markets will see that as confident. But if its 4 billion+ or production delayed markets will not like it, number of shares called for will also be important.

Next few months everything could be completely fine if thats buyout or staying in business. Otherwise admin/bankrupt due to production failure or expenses.

I expecting it to back to 0.22p at least, but what caused this to drop so much into the 19/18s?

Last 7 days down 24%, it just dropped because someones selling? Or there another reason.

Most expecting huge news within 1-2 months to get this to 1p, others believe placing coming, some believe buyout in few months.

So question is where is the bottom now? What will happen next 2 weeks?

Why even post this message on here? You literally stated the word Gossip, then words like if drilling mud damage, maybe its doing under 100bopd or 50bopd. Literal nonsense and opinions from nobodies.

Of course with ongoing clean up they maybe doing another 10-50bopd no ones expecting over 100bopd with just ongoing clean up.

Next week is middle of January, 2 weeks to find out whats going on and if the 500k operation does well or not.

Posting stuff from another board about worrying things that you literally say are Gossip, then say believe if you want, is a joke. Who posted it a slightly smarter white knight?

Landi I understand, i meant sand jetting/works or operation which i did state, but so used to saying drilling not end of the world.

Again I understand everyones frustrated with share price including my self, if you don't have a bit of excitement with less then 2 weeks left before a massive possible change that can push the share price up many x1,2,3 times and change the whole company depending on 100bopd-900bopd, whatever you think or like to happen. As you state 250bopd will do you fine.

Of course something bad can also happen, but you don't spend 500k for complete failure, all we need is partial/full thats 60/70% success to me over complete failure.

Right now the share price is -5% than 6 months ago pre-drill. Now producing 40bopd+ at this share price with all resolutions passed and given no other info on cash/debt apart from 500k funded operation is not nice. We are going into the final phase blind but very hopeful it works out, which I believe it should.

Lets not forget Many investors who are Long put millions and millions of shares in, not punt change and little amounts or day traders. So we are eagerly anticipating it, we want the company to do well.

However watching the Sp decline day by day is ridiculous. It would be fine if we was at 0.15p placing price and drifting between 0.12p-0.16p range. Not this 0.8p-0.9p joke share price, having some kind of revenue and other Wells de-risked as more potential Revenue.

Its been over 8 months since BCE listed back on AIM, and we are trading below that time when BCE was doing nothing, complete joke.

Next week 15th-19th Jan is going to be interesting its basically the last week, maybe we see some sort of pump or steady rise, its been put down way too low with nothing but low production happening.

The following week is drilling week, 22nd-31st Jan because the last week of Jan only has 3 days. BCE stated 4th week of Jan they will perform 500k funded operation that will take 1 week approx.

So will we get a rise next week? Or the drilling week?

We back to pre-drill finding oil price, now we are at 40bopd+ revenues that could be more now due to ongoing cleanup.

But we have unknown cash and debt and looking for 100bopd-900bopd that should make or break the company. Still have other wells to drill that are de-risked as well.

I understand share price is more down so what? Whats changed? Nothing!

No one knows anything, not even UJO or other large shareholders. They have not even started the 500k operation and thats end of Jan. How can anyone know anything good or bad, if nothing has happened?

Again I remember before drilling test results of oil this was trading 0.13p-0.11p. Then went down and trades between 0.9p-0.6p. Then exploded to 0.27p on just oil found.

Not saying this will happen again, depending on news could be anything good or bad.

However the trades look the same like pre-test drill results, big buys and big sells and not knowing what they are exactly.

Nothing has changed, wait until end of Jan. Put what you can risk and then moan and insult BCE management because they failed to get production up or celebrate the money you made if all goes well.

Remember last few times it went this low, then did 100%+ at this share prices 0.6p-0.9p and blasted to 0.27p, consolidated at 0.15p with placing then went down to delay.

2 weeks left till 500k funded operation, partially works or fully works then this is doing over 100% from these share prices and then some more depending on whats stated in RNS.

100bopd-900bopd, I would take any number now which would increase revenues long and short term.

We know BCE has loads of reserves and Oil with potential 140mill+ NAV that should get share price over 1p.

We know BCE producing over 40bopd + clean up ongoing so Bopd up a little. We know expenses are either covered or to certain amounts. We know 500k jet sand operation is funded end of Jan to increase production 100bopd-900bopd.

We don't know how much money BCE have left, how much expenses cost and if the 500k operation goes well, does partially well or will be a failure. This will determine the short term future. There are still other wells to drill that are de-risked.

Believe in your investment, load up and forget about daily, weekly price action till end of Jan. Otherwise sell and wait and buy after operation.

Funny how this goes lower and lots of oil and gas stocks down this morning, white knight suddenly comes out, had no green boxes for weeks or not lots of them. Then he says the word duster for a company producing and have oil to produce way more, Ignore the troll.

Nothing to see here, wait 1 week operation end of Jan. Unless they going to put a RNS update out saying bopd increased 10-40 because of ongoing cleanup, but most likely big RNS end of Jan. Clearly no build up/run up this week. Lets hope next week.

The problem still remains regardless of the expenses issues, how much they actually got in the bank?

If they are operating at a loss as you say bluebay, but have money in the bank, then its still all covered no?

Or have beacon energy spent all the money because the expenses are too high, or did Larry and his mates take it as salary?

500k funded, 4.3 mill raised: So lets say 3.8 mill

Left.

Whatever expenses they are incurring or incurred last 3 months, your telling me in less then 3 months since the 0.15p placing they spent nearly 4 million and what on exactly? Wish they gave the cash amount.

Its like they are waiting for the 500k sand jetting operation to go well, then release all the info. It should go well in theory, bopd should be increasing a little last few weeks via clean up.

Bluejay I am not sure thats the case but we will see.

The Company's unaudited cash balance as at 14 September 2023 is approximately €1.3 million. But delays added more expense + discussions with contractors, so how much extra expense was all this?

Then the company raised £4.3 million in September placing. So after 1.3 mill + 4.3 mill + expenses, how much money is left?

The company states from 14 Dec they have over 1,600 barrels. The company also states the well continues to clean-up, albeit currently at a slow rate. Even at these low flow rates, production is commercial with field revenues exceeding field operating costs.

So while clean up has been ongoing for nearly 1 month, any increase of Bopd is adding more money.

Already exceeding operating costs, so money is being saved + fully funded 500k operation. Therefore how much of the 4.3 million is left and how much is being added to the company bank?

So I cannot see how they are operating at a loss, until we see next financials. When they do we may be achieving 100bopd-900bopd, so who knows.

3 weeks left for the big operation again we only need partial/full success to see bopd increase + revenues higher.