Member Info for Ra11adw2

So we hit 0.105 today, after many blue trades vs red which could also be buys. Next 2 weeks, if we get consistent buys everyday or few days, could get back to 0.15p placing price before 500k operation end of Jan. That would be ideal I want a steady build up which should be happening.

Clean up going on for many weeks bopd should have increased 10-40 maybe since then? Who knows.

All we need is full/partial operation success end of Jan and share price goes up or multibags. Monday-Friday next week will be interesting, if any build up or pump happens. We have 3 weeks + 3 days of Jan left.

Bigger question is why we still so far from 0.15p placing when producing little. Over 40%-50% from 0.9p to get back there.

No production and we was trading 0.15p-0.19p even if pump and dumps.

500k operation funded to boost production 100bopd-900bopd, ESP installation news all in 3-4 weeks, and its not even pumping over 0.10p with the large/lots of buys.

This is why AIM is not investment and a joke. Literally have to time your buy to perfection, wait and hope then make money.

If your long, then its a long wait especially with delays with BCE, but there should not be any. 1 week specified end of Jan and spending 500k, get one thing right BCE.

I couldn’t care less about larry bottomley appearance or not, is it needed? No. They post on twitter and linkdn thats enough for me.

There will always be someone to replace him if needed. I wish him well and never wish anything bad on people. He always seems like a nice friendly guy, a boss i would love.

However most aim directors and CEOs make millions if not thousands. Many are doing investors badly especially in 2023 and investors get screwed over and lost loads of money. Like this company in the past failing and investors loosing everything.

Now they hit oil jackpot, de-risked other wells, have loads of oil to extract, with potential 900bopd or less for this 1st well.

All we need from the 500k operation end of jan is to be fully/partial success, 100bopd-900bopd and share price flies depending on what number.

You said your self 90bpd HMS687, even 100 + 40bopd currently = 140bopd should make some kind of market reaction. I am looking for 200bopd-300bopd minimum and its success.

If 400bopd-900bopd comes after ESP installed or is stated in RNS after 500k operation which is what BCE is stating should happen eventually, even better. Share price multibags with 1 million-1.5 million revenue a month.

I Like how its been controlled 0.9p range, pumped a few days ago to 0.11p no reason and back down here again, really love investing sometimes but long term does not matter as long as its all works out.

Next week hopefully BCE start a gradual rise to at least 0.15p placing price and builds week after week till end of jan 500k operation. It is 50/50, either gradual rise or pump and dump next 2 weeks, can go either way.

However even if its pumps and dumps and 500k sand jetting industry standard whatever you want to call it works or partially works, should be a big share price rise end of Jan.

Thats all we need full/partial = more Bopd 100-900 = more revenue and share price increase multibag potentials. Thats literally this stock in a nutshell, just need production up and company flies. Especially when and if ESP installed without delay next few months.

If 40bopd is exceeding expenses and 500k operation is funded i would take 200-250bopd minimum at worst scenario.

This is better then failing or doing another placing for other wells and waiting even longer while just producing 40bopd.

Remember clean up still ongoing so extra bopd is accumulating and lots of oil is there. All that 900bopd or less exists just question if they can get it out which they should be able to with the 500k operation.

This example thats around 300k-400k every month after expenses. Even this is around 4 million a year. Share price should double at minimum from these low levels.

Watching other stocks do 50%-200% that are around BCE share price is frustrating, unless your in them as well. BCE time time should come soon, good luck to us all.

*The company will undertake industry standard stimulation in the fourth week of Jan* stated in rns.

*Sand jetting operation is arranged for late Jan. Sand jetting is standard well stimulation technology used in conventional reservoirs. Whereby high pressure water and sand is jetted into the reservoir* tennyson report on beacon energy website.

Like i said you do not spend 500k to get production up to fail, unless it completely fails which can happen but low probability in my opinion.

Even partial or half operation success is good news, 100bopd-900bopd anything here will rise share price certainly.

250bopd limit was stated with the rod pump which is installed now, ESP if and when installed in 1-3 months can produce over excess 900bopd as stated in RNS.

Right now we got 2-3 weeks to either get back to 0.15p placing price, or will pump and dump till last week of Jan. Last week of Jan this will make move up or down, hopefully up in anticipation.

Good news blast off and multibags, bad news probably placing, or share price goes more lower. Still have other wells to drill that are de-risked and they can be success and BCE may take notes from this 1st well and do better for example.

500k operation funded and revenues far exceeding operating expenses at 40bopd+.

Cleanup still ongoing even now so we could be higher Bopd daily. Everyday they clean up, more bopd is increased. But the main part is the operation end of Jan thats all we are waiting for now and is most important.

We may get a small run up or pump and dump between now and 19th Jan. hopefully we get back to 0.15p placing price, again we dropped no reason just delay news and hold at 0.15p till 500k operation end of Jan. So we have a chance to go even higher from this base if 500k operation goes well.

The real run up should happen 22nd jan-31st Jan which is 1 and half weeks end of Jan. 500k operation is stated to happen between these dates and take 1 week. Again hoping they do not go over 1 week and delay further like they always do.

But considering they spending 500k which is expensive, funded but they gave a 1 week specific timeline it should be fine. Anything can happen or course.

All we have to hope for is it goes fully/partially well and production bopd is up 100, 200, 300, 400, 500 any of these will do. Then news on ESP installation date would be nice.

Then revenue is up, market reaction and shareholder sentiment is up, share price is up and Multi bags and its good news for us all.

HMS i agree obviously 40bopd* is crap considering it was higher then stabilised. Maybe ongoing clean up is much better now, and its slightly higher?

I do not think anyone went to the AGM, couldn't or just did not want to go. Unless someone here went hopefully they post.

As long as 100bopd, 300bopd, 500bopd happens or is stated can happen by end of Jan/Start of Feb. Or we get further analysis when ESP installed and they state trying to get 900bopd is still on target, thats all that matters now and only few weeks to wait and find out.

What happened before buffalo and other things don't matter now. New name and slightly new management, no bonds, no loans, no placing needed at this point, no huge debts we are aware of so far.

Funded for 500k operation end of Jan, revenues covering expenses with measly 40bopd+. Don't see anything else bad happening except delay + operation failing completely which seems very unlikely in my opinion. They are getting rid of a mess, mud whatever you want to call it and spending 500k to extract more oil and get production up. How the hell can they completely fail this? Even i would call this company trash if it happens.

However this time they hit oil, this time they said they have more reserves, the only issue is can they get it out? The massive oil reserve is there 100%, but the 500k operation end of Jan needs to work fully or partially and we are okay and SP should multi bag once, twice or more in theory of course.

Vast is an incredible opportunity even at these levels 0.11s. Placing is done and vast is well below it. You do not see other mining stock this low and potential to do 500%+ short term just on diamonds alone even with good revenues and assets. Many other mining companies do not even have revenues or decent assets at around these share price levels or higher.

If you believe in the diamonds coming or not, size of the diamond if its small, half or big. They are real according to the RNS, director and many news articles. Its going through a process which is confidential, which is why so many conspiracy theories are happening and should be ignored.

Director stated in interview not so long ago, he knows the diamonds worth and has shares in vast at much higher price and so do other companies above 1p which shows confidence as the director said. He also said he cant talk about it because its sensitive topic and also for obvious market reasons.

The only question is when and if they get the diamonds. If vast do get these diamonds this month then Vast easily multi bags near 1p or less.

Vast has other revenues and assets, not just diamonds and is severely undervalued as stated by director. However yes the debt/loan needs to be extended or sorted, but we can get all this news in Jan this month.

Risk-reward still looking good, unless something catastrophic happens vast has many positive hands to play and buying at these prices is a no brainer.

Basically free money and you don’t have to risk much, put a couple hundred or thousand and if it goes lower for whatever reason just average down and wait. You can sell whenever it pumps, goes up to a certain price or when and if diamonds come.

You cannot lose at these share price levels unless the company goes bankrupt or does a major placing that sends the share price to 0.5s which then takes forever to get back up. However again diamonds can also multi-bag the share price at this point again positive scenario.

People need to use Logic when investing regardless if its day trading, short term or long term trading. However of course things can go wrong, its AIM market after all.

I agree professional with your points especially the operational people which we will find out next few weeks. I am not saying i can only see reward to be misleading, i honestly believe it now because of the following reasons:

500k operation end of Jan is lots of money to pay, something has to pay off or work. Even if the operation is 50% successful, bopd will still go up will it not?

Lets say this happens we can only produce 450bopd, share price will have to increase from 0.10p to match this new production revenue increase. Even half of this 250bopd scenario, still more revenue and SP should rise.

There is no bonds, massive debt, loans or placings incoming short term as there is not a reason for it. Revenues are covering expenses and the 500k operation is funded. This is why I can only see reward from these share price levels. Thats just my opinion, i think i stated good reasons why.

So unless we saying the operational people will completely fail and we stuck at 40bopd, we still have other wells that are de-risked and need drilling and go into production. If all these fail then company might as well go bust and should not bother with 40bopd. Thats very far away scenario is it not?

Heck even you are way more positive then last 8 months, now your even saying you think it might turn out okay but of course risks must be taking into consideration.

I 100% mean that comment Panther, thank you and happy new year to your self.

I don’t like to say words like hope or should or could, when company like this is producing now. BCE should become good with 140 million expected NAV, in a few months it will be April and 1 year since Larry said about the potential and we should be there half-way already but we are not due to delays.

Only delays of the ESP in Q1 or problems with the 500k operation end of Jan can keep share price down short term next few months. These are the only issues I see, debt as long as its not big and manageable is not a problem.

Money? BCE fully funded for the 500k operation, revenues are covering expenses at 40bopd+. Are we missing anything major?

If BCE reach 250bopd or 900bopd targets, from SP of 0.10p it should in theory multi bag the SP from here. So many aim stocks that are 0.10s, 0.20s have loans, bonds, huge debts and placings that are holding share price suppressed down. Even if they have assets that are worth a lot or Potential JVs or something else.

BCE have none of these yet, and you don’t expect this company to have any issues until they reach targets of 250bopd and 900bopd. The OIL is there clearly and stated, but can they get it out? In theory after ESP installed, clean up completed and 500k operation end of Jan works then yes everything is great.

After this they will target the other wells that are de-risked. At this point i expect placings, debt, loans or even the delays that BCE love having.

Like I say many times this a day traders or shorts stock, until we get production Is going up update RNS from BCE then its long term traders winning stock.

Happy new year to all BCE investors, 2024 will be the year the company should be successful.

1) Fully funded 500k operation end of Jan to help increase bopd, producing 40bopd+ revenues with clean up still ongoing + expenses covered by revenues so far.

2) 0.10p SP producing 40bopd+ is a joke share price. Should be 0.15p placing price no reason for drop except market and shareholder sentiment on delays. UJO brought 0.15p and another Major holding brought below this, 140mill Nav still be achieved are all positives and signs.

3) Any production increase 100bopd, 300bopd, 500bopd will multibag the share price, can easily be 0.15s, 0.20s, 0.30s etc short term within few months or less.

4) ESP to be installed in Q1 so anytime in Feb, March, April etc. Aiming to produce 900bopd or more, could be less but thats fine as well.

Future is bright for BCE to be self sustainable, producing revenues but small for now, aiming for 900bopd, then aim to drill the next wells which are de-risked within 1-2 years.

No major placings and not needed yet, BCE already did placing few months ago. No heavy debt yet, no loans or bonds that many oil and gas companies end up having because of lack of money or debt.

Invest now at this cheap price and in a year you can easily be very well off! Risk-Reward? I only see Reward in 2024 and will believe this as a long time holder and seeing everything. Only delays have been frustrating and stopping BCE so far.

2024 is a big year for baron Oil, this board and posters are really good giving informative and researched posts especially regarding the government and news reports. This shows shareholder interest and belief this will multi bag to 1p or more. The assets baron oil has have super potential, but needs to be realised as everyone here knows.

One thing I have disliked is the pumps and dumps from 0.7s-0.9s or 0.8s-0.11s, has been consistent for 6 months now, only day traders and short holders trying to make 10%-30% are benefiting and good for them.

Long time holders at these levels not selling or those with higher averages holding its still a long wait. But I am sure most posters here are patient and just waiting.

Whenever major news comes and this re-rates and multi bags 2x,5x,10x then it will be happy time. Now entering 2024, should be Baron Oils year to be transformed, so its best to accumulate under 0.10s and wait till the day comes.

Baron Oil share price has been consistent and stayed around low levels under 0.10p for 6 months now so its a stable stock to buy, unlike other aim stocks plagued by placings, debts, loans and lots of uncertainty.

500k is big money to spend even if funded, they not playing fun and games spending this much. Production should be going up but anything can happen of course, read this part:

* The relatively soft reservoir in this location should respond well to jetting, so Beacon is confident that there will be a good response to the operations.

The uncertainty in our minds will be whether the immediate response is an additional 100 bopd, 300 bopd, or 500 bopd. With operations costing under €500k, the payback under each scenario makes the operation commercially viable*

So even extra 100bopd would be 140bopd thats triple production, even with this I expect over 0.15p placing price. 300bopd-500bopd share price should easily be over 0.20p-0.30p.

Then I dont mind if we stuck here, because we are making 500k-1 million a month. Every month share price should be increasing, even if ESP is delayed or not installed at all.

If ESP installed, then 500bopd-900bopd should see 0.30s-0.70s or more making over 1 million a month.

Lets not forget BCE have other wells to drill as well. Of course there could be problems with them but I hope not and they learned lessons from this.

But lets say beacon only make 140bopd-200bopd from this 1st well and cant produce any more worst case scenario.

The 2nd Well or Area could be making another 200bopd, 500bopd, 900bopd etc, it all adds up and makes money.

Regardless of placing or debt, beacon is back on track again. The reward is still higher then risk and has loads of potential. At this point how can beacon energy fail?

It should be pumping to placing price 0.15p before any news, amazing how its this low. Pumpers and de-rampers and trolls will play games. Long and strong for the rest of us.

Nothing has changed since 0.15p placing price, except BCE is producing and creating revenue but less then expected.

BCE drills and finds oil share price goes 0.9p-0.27p.

Now BCE are producing, funded for 500k end of Jan operation, expenses covered by operating expenses, BCE trading now at 0.09p? Haha.

Delays, market reaction and investors selling during December caused this, but its ridiculous to be under 0.10p and considering no major debt, loans or placings incoming short term, BCE is at its start just trying to make money be self sustainable.

Expecting around 250bopd+ first target, then 900bopd all within 3-4 months or less, could be any production number.

Clean up still ongoing so further production bopd can happen next few weeks but may not as well, major production bopd should happen end of Jan with 500k operation.

Also filtered yoglet, another white knight but dumber look at the posts. You cant say bad news and sell and spam posts, like he wants in lower when there is no news till end of Jan. These trolls only appear when share price tanks for no reason, even if they are correct about share price falling, but BCE everything has gone well except the delays. Without the Delays and issues BCE would be back over 0.27p at least.

*BCE should have NAV £140m soon

, Current market cap is just £12M meaning we should very easily see SP rocket by at least five fold if not ten. 

But it’s all subject to a successful clean up; pump jet; and installation of ESP. It’s already all funded *

Trust is not a issue for me, its hitting all these targets. If BCE hit near 250bopd last few months, when BCE was trading placing price 0.15p-0.19p, the share price would have been already 0.20p-0.30p range like we discussed on this board for months.

Even in anticipation of getting production we was getting 0.19p at certain times, but instead December went under 0.10p then we got delay message and End of Jan operation needed. Clean up still ongoing as well, however production started but lower rate and we are under 0.10p? BCE find oil share price 0.27p? Makes no sense.

A video or image would be nice, but they are constantly updating website with Tennyson reports + other things. UJO brought at 0.15p and another major brought near 0.10p.

Its start of BCE, not a company with huge debts, bonds or loans. These are not affecting BCE yet, don’t exist. Should not exist until BCE get maximum production from this 1st well whatever that is.

BCE Fully funded for the 500k JAN operation, revenues cover the expenses so far, so fully covered.

As long as production increases and BCE get 100bopd-900bopd, the share price will continue to increase simple as that.

Which is why 0.30p is minimum short term target for me with the 140 mill NAV. If the share price does not increase which it should, something is wrong. Or markets are delaying share price increase for whatever reason, trust in the company or something else.

If 900bopd brings in 1.5 mill a month, then even if BCE produce 500bopd-700bopd that should still be around 1 million a month or less depending on Oil price and other variables.

Share price in my opinion 500bopd-900bopd should be 0.30p+ no matter what. Even being under the placing price 0.15p is a joke. The 500k operation end of Jan is funded, and the revenues coming in already from low production is exceeding the operating expenses so fully covered.

Only issue we have to worry about is the end of Jan 500k operation, it needs to work or partially work which should bring production numbers up to extra 100bopd, 300bopd, 500bopd etc, which is what stated in the Tennyson report. They are unsure themselves what the extra would be.

BCE are not drilling anything else, or doing anything else. Just doing clean up, producing what they can and then the 500k operation end of Jan.

All this delay is just for this single well that should have been producing at least 250bopd last couple months if all went right with the initial drilling.

This is why its so frustrating, but long term as long as production keeps rising , BCE will become good.

Thats a fair assessment Roger, I was looking at 0.70s at 900bopd after a few months, 0.50s is decent and logical. But then that means 450bopd area we should be in 0.25s. Too low in my opinion, for others probably realistic. I would expect 0.30s-0.40s.

Obviously 250bopd is the first step and as steve stated around £20k annual income for every additional barrel of oil flowing every day. This is a major positive. Then you have the Major holdings a few days ago, another big positive.

My issue is taking into account how much BCE have in the bank, debt, being funded for the 500k operation and expenses covered by revenues as stated in RNS.

You cant go from a share price 0.08p then go all the to 0.27p when BCE drilled to find oil and found oil.

Then go back to 0.15p with a placing but state better reserves then before, now down to 0.08p even though production started at a lower rate then expected but will go higher if clean up + the operation end of Jan works.

It makes a mockery of the market and how everything is, just a joke. I am looking at it logically not trust in management, shares in issue, debt etc.

We went to 0.27p this high with no production, just on news of OIL. Now back to 0.9p due to delay and producing but not enough. Even though everything is stated to be funded and covered.

So Basically the company right now is valued as a potential duster or explorer like it was 5 months ago, even though we are 100% producing now and have many barrels of oil saved. Makes sense right? Haha

Its this kind of share price movement i dislike and will never understand. I don't care if its investor sentiment, MMs, shorters makes no sense. Just waiting game few months or less, first big news is 500k operation end of Jan.

Roger whats your prediction realistically if BCE hit 900bopd and its March, I have mine, but whats yours? 0.30s, 0.40s, 0.50s? Or more?

Obv taking into account debt and shares in issue as well, but also UJO buying at 0.15p and global prime much lower. Stating expenses covered by revenue and also the 500k spend in end of Jan for 1 week work fully funded.

Regardless what you think about, the Directors buying 0.17p, some guy moved to pension, then the potential 140-200 mill NAV, again potential.

Which is what they stated again that the whole field/area there is so much potential even with the delays it wont stop them as they believe. Also forget about trust in management and placings which should not be an issue until after BCE hit 900bopd.

So whats your realistic Value March? Just nothing happens except production increases?

The only update we are waiting for is Jan 2024 and production up. AGM everything seems to gone fine and resolutions passed.

Fully funded 500k operation, operating expenses covered as stated in RNS, Beacon trying to produce 250bopd, then 900 bopd all within a few months.

Regardless of debt and shares in issue, when reaching those 2 production numbers this share should not be under 0.10p or even under 0.20p.

The company should be started and self sustainable at 250bopd and 900bopd. 900bopd and making 1.5 mill etc, should be 0.20p-0.30p minimum even that is a bit too low. Just putting realistic figure out that can happen.

When they drill the next wells it will be interesting to see if they fund from the revenue or placing, thats where trust of this company comes in. Because they cannot be trusted after last placing out of nowhere.

However we must get beyond 0.20p first before any of this without issues, major holdings from UJO and this other company global prime is positive.

@Waddaweknow So apart from expenses and other things, COPL have *A cash position of $2.2 million as of September 30* This has not magically disappeared has it? Unless they spent it all? And what would that be on exactly? Can you give a logical reason? If no its all speculation and your opinion.

They already spent money on all the upgrades, so apart from general expenses what else is there to lie about?

Regarding fully funded for 2024 they cant really lie about a fully financed package can they? Its all said done for a purpose.

*This financing package is designed to ensure the Company is fully financed through Q1-2024*

So all you can do now next 5 trading days, wait for production data and wait for Asset update.

We should be over 1p before any news drops, being under 1p is disgraceful with a company generating revenue, looking to make even more revenue and have assets worth tons of cash and revenue.

This share is a complete joke how its been traded, yes the board and communication is dreadful, but so are many other aim companies like Petrofac. Yes bonds, debt, contracts, shares in issue and marker cap all different, still oil and gas sector.

They just did 70% last 5 days and their communication has been awful, shorted from 80p-15p on no news. Then today boom 50% on some decent news, shows what can happen to COPL when they release any positive news.

Lets be clear, COPL went to 2p no reason, dropped to 1.5p no reason, dropped to 1p because Jv termination, but still have all the assets that can be sold or another JV, then dropped to 0.70p no reason. This is ridiculous share price trading.

This is why AIM stocks get a bad name. You can make loads of money at the right time, but you can lose loads of money for no reason.