Member Info for Ra11adw2

5 trading days left, this Friday is half a day markets close 12.30pm. So if RNS comes I expect it Thursday latest this week.

Only reason I believe they will give it next week Wed-Friday is if they want to give November and December update together with guidance for 2024.

Otherwise why not give it with the JV terminated news? Get the bonus bad news out of the way? Its way past a month, they have all the production values already for November at least. So maybe they are waiting for December as well, is all you can summarise.

This will be a massive update when it comes out, production update and details whats happening with all the assets and OIL. Clearly stated in RNS end of 2023 guidance for both news.

All systems upgraded, injections, increased wells online, need production to be up and will be expecting targets are on for 2000bopd or COPL are near it already.

If neither then its bad news and share price will be even worse which makes no sense this outcome. Common sense, whats the point of spending all that money and time doing all the upgrades?

The only bad news you can summarise is production is up a little, but even that is a positive at this stage as all COPL need is 2000bopd to be fully funded 2024. Yet COPL have hit 2700bopd on inferior equipment. So what does this tell you?

Majority of these upgrades been done last few months, so if it takes time to see true production results you will only see it next few months Jan, Feb, March where COPL are fully funded to.

This update COPL will give within 5 trading days will be a major re-rate to share price as long as its positive.

Expecting 1p-2p on okay production update, really good production update 2p-4p. Thats just what I expect to see, everyone else has their own timescales and share price. This is realistically mine.

JV terminated but OIL is still there possible plan for Sale, another JV or something else. COPL still have cash in the bank even if very limited, but at the same time fully funded till Q1 2024. Many moving parts, very close now.

Have I just read that right? Rob Edwards left?

The same guy that has done numerous video interviews, supposed to be running the company into better position, stated sewn up by Christmas and end of 2023 strategics lined up and now just gone?

The Disko RNS part is fine, but what about everything else strategics, plans, finland + Greenaland.

This is pathetic and appalling by BlueJay. As a long time investor I couldnt care less about board changes who comes and goes, this was supposed to change the company.

Now down even more, regardless if its risk/hope share, you cannot do 2 placings at 1p, state strategics + other things in many interviews last 4 months then leave the company and all we get is Disko news?

Great for the future if it all works out, but whats going on short term and news flow, nothing now?

Wait till end of 2024 for disko stuff, what a complete joke, here I am waiting delay message on strategics or something but now nothing seems to be happening? Unbelievable.

3 trading days this week, 3 trading days next week for COPL to state production guidance and whats happening with assets. Either it will be 1 big RNS or 2.

What does not make sense is COPL rose to 2p no specific reason just a few weeks ago, JV gets terminated and goes to 0.70p thats ridiculous. What even is this collapse, forget about board communication, debt and bonds.

There is no reason for this to drop below 1p. Like its not making revenue or has any assets at all. We know its making money just not enough until production goes up, we know assets OIL is still there but need to know what the plans are now JV is gone.

You have day traders trading it, people holding for a loss waiting for a re-rate, the rest sold for a loss.

All the system upgrades, injections, wells online should give production increase numbers. This should re-rate realistically. Anything can happen not long to find out.

7 trading days left for update on production and whats happening with the assets. These have been stated in RNS in November and December now.

Its not hard to wait 7 trading days. The future of COPL will be known.

JV was a bonus, they still have these assets nothing has changed.

People emailing Cathy what you expect her to tell you? A production RNS date? Production details? What happened to JV? All price sensitive information, when they RNS in 7 trading days we will all know whats happening.

The only people winning today are new investors or day traders. Unless a person has averaged down to 1p, everyone else is in the red.

Systems upgrades, no flaring, injections, more wells online, website upgraded, holding by Atlas capital markets, funded till Q1 2024, These all point to a good production update incoming. However of course anything can happen.

Even if production updates show small increase, if COPL state its progress and will hit target of 2000bopd in a few months, then COPL is back and share price increases over the next few months.

Simple as that, no ramping, de-ramping or trolling required. 7 trading days.

Clarmore- Guidance on Production and Guidance on JV this part:

*The Company will provide a further update before year end regarding its strategy relating to the development of its Cole Creek and Barron Flats Shannon Units*

DOC- I understand that, thats not what I mean. They brought shares but before this JV incident. Clearly they saw potential or know something if its production or JV we will see next 8 trading days. No? Yes?

For those who are saying stop ramping a share and using words like stupid, have your troll field day. I will keep averaging down, i still see huge re-rate coming within 6 months as long as production increases as a Balanced view.

You cannot call facts a ramp, how can you ramp something when there is nothing to ramp except the facts in the RNS already published for all to see. GGS upgraded, no flaring, wells online etc.

COPL are still to communicate end of 2023 production details, thats all that matters short term. People getting all fired up, all angry about a JV which was like a bonus, Another JV can happen, Sale can happen, other things could be lines up, who cares most invested in this just wanted production up.

This is not IOG admin out of money scenario, this not a vast extension debt every month scenario, this is not COPL ran out of oil or cant produce OIL.

COPL still has assets and OIL worth huge potential, COPL has upgraded all systems and wants production over 2000bopd to be fully funded for 2024, A COPL that is fully funded till Q1 2024.

These are facts, nothing has changed. I look forward to the end of 2023.

I have a good feeling we will get production and JV guidance this week now. Maybe Tuesday, Wednesday or Thursday at latest. Couple days for news to digest.

Nothing has changed, we are still getting Production and JV RNS in 8 trading days, all that mega oil is still sitting there, production is key to get near 2000bopd to be fully funded for 2024. JV can be turned into sale, another JV, going solo, other plans. Big deal its a bonus nothing else. Share price is steady at 1p now.

Ask your self why atlas captial markets brought shares and RNS same day JV deal off. All the bad news out of the way.

Ask your self 8 trading days left, will they give production and guidance news last 3 days of December or this week realistically? Anything can happen good or bad, with all the upgrades realistically you can think production up.

Still waiting for production guidance end of 2023, if positive and continues to be positive COPL should be fully funded for 2024 as stated in RNS

Yes we can all see JV terminated, OIL and assets all still there, not magically disappeared. Again whats so bad about it? Waiting for Guidance regarding this as stated in RNS:

*The company will provide a further update before year end regarding its strategy relating to the development of its Cole Creek and Barron Flats Shannon Units*

Then you have Atlas markets buying shares. Why would they buy shares? Why RNS it?

You can doom and gloom and troll COPL regarding JV, but nothing else has changed. Another JV can come, COPL may go it alone, COPL may have other plans, COPL still have these assets. COPL still have to state why it was terminated. Share price can still recover back to 1.50p-2p or more on guidance given short term.

Actually short term future looks fine, because the whole point of being fully funded for Q1 was getting production up to be fully funded for 2024.

All that OIL they have is still there, what they doing now is the question. Still waiting for production guidance and JV guidance, nothing has changed.

Why did atlas capital buy shares? Why even RNS that. Why not also give production guidance? Maybe they waiting till end of year and will give Both November or December together? Maybe knowing market reaction to JV, they will wait till its stable then release good production rates and guidance?

Anything is possible good or bad. I am averaging down, great time to do it. What if this explodes to 4p,3p, 2p back again? Those who sold for a loss just lost money for nothing. Should never sell when there is so many moving parts and possible good future still there.

I understand the share price going down due to JV cancelled, but it seems too much and over done. Was this not just a Bonus? Why is it so bad?

Did the OIL they have just magically disappear? Its still there. Are they going it alone or doing another JV? No one knows.

Why did they also RNS Atlas capital markets buy shares? Is it all planned to show something better is coming? Why would they buy?

The fact the SP was dragged to 1.50p, COPL are still funded till Q1 2024, there is something happening.

No one knows anything, still waiting for production guidance and now guidance whats happened to JV. So apart from the share price dropping and JV cancelled, nothing had changed.

We got 1 week left, this coming week. Then only 3 trading days until end of December. So Rob Edwards had to deliver his sewn up by Christmas and end of 2023 statements in 8 trading days now.

My timeline 1st week of Jan is still on as well, after that I will be sending a very upset message to Bluejay if the following options are not met:

1) No strategics have been signed end of 2023.

2) No update had been given stating strategics delayed but still happening and in advanced talks. I can accept this but will still be annoyed. However a good deal with benefit the Share price so I can tolerate it.

I do not think them buying shares is going to do anything, they did 2 placings above 1p and brought shares to show they are with shareholders.

Until cash and strategics and SP is higher, I do not see them buying anymore shares, why would they at such a low share price? To average down? Most do not have much shares anyway apart from 1 guy.

It can be a bit confusing when they state 2 things, So its stabilised at 40bopd but then company state production with lauben field is 70bopd which is covering a decent amount of expenses:

* The rod pump has now been installed on the SCHB 2(2.) well and, having produced at much higher rates initially, production has now stabilised at a rate of approximately 40 barrels of oil per day ("bopd")*

*"Company production, including the contribution from the Company's interest in the Lauben field, is approximately 70 bopd which makes a material contribution towards operating costs and G&A*

I am really looking forward to the AGM this coming week as its supposed to give financial data.

70bopd revenue coming in, debt and cash not told until AGM I am presuming.

Fully funded for the 500k in Jan to get production up.

At AGM If they state the debt, then state they got 1 mill, 2 mill, 4 mill in the bank. Then I do not see how this can trade sideways, it will probably will.

Even a pump to 0.12s and stay around 0.10s-0.12s should be possible before end of Jan.

Then end of Jan when we get results if everything went okay, we are producing more 100bopd, 200bopd etc, then share price should go up to 0.15s-0.20s thats the kind of progress i want to see.

T

High chance of production guidance coming any day next week. As stated in RNS production guidance end of 2023.

Furthermore Monday 25th Christmas day and Tuesday 26th of December Boxing day, markets closed. Which means on the last week of December there is only 3 trading days Wednesday-Friday.

So unless COPL want to give RNS on guidance and production Wed-Friday on that last week, as these are the final 3 says. It will be last minute and not great for shareholder patience.

As COPL did not RNS the usual date they give production news, this coming week shareholders should be given a RNS and indication of whats happening future wise for COPL.

So it makes sense Monday/Tuesday or latest Wednesday this coming week a RNS will be posted looking at it realistically. However it can still come anytime in the next 8 trading days till end of 2023.

Right now beacon energy need to increase production to near 250bopd, then 900 bopd next few months. That is the only target they should have and aim for quickly as possible.

Otherwise market and shareholder trust waivers.

As long as there is no placings or unforeseen delays/debt. Then only positives can come going into 2024.

A company that states they are fully funded, revenues will cover expenses, producing 1.5 million or more depending on oil prices at 900bopd, share price cannot be valued at 0.8p, 0.15p. We should be over 0.20p minimum.

AGM is 21st December next Thursday, so we should get more details on financials + other details.

Hopefully beacon energy end the year positive, while continuing to produce oil and share price slowly goes over 0.10p first target.

How can you compare COPL to another stock, no stock can be compared to each other. You have different production and revenues times, different managements, shares in issues, number of placings, debt, revenue income, delays so many factors.

If COPL had a good management and director do you not think that COPL would have made so many mistakes? A good management would have little to no issues, good systems in place and high production rates with money in the bank, would not have signed bonds and killed the share price to 1p, even a JV would be finalised or concluded much quicker.

There is 3 Facts with this stock now:

1) GGS system upgraded, gas injections rates increased, no emergency flaring in over 2 months, 6/6 wells injection wells online. With peak of 2,700bopd last time injections rates where increased.

COPL only need 2000bopd to be fully funded for 2024 as stated in the RNS, so they can run like a proper business again.

Opinion: 3-4 months from now we could be seeing massive increase in bopd well over 2,700, as everything is upgraded to help production increase. Thats just common sense, unless something is wrong or production is low for whatever reason.

2) Production Guidance end of 2023 as stated in RNS, 2 weeks from now, 10 trading days.

3) JV can come anytime, Letter of intent in July, 1bn + baron oil discovery. This is not some small bonus when it comes, its a massive bonus.

COPL can have a great future, just needs the next few months to go according to plan.

Would be nice if Larry did a interview or something, show himself. Maybe when we hit 900bopd by Next Feb/March/April?

Creates shareholder trust in the director and company. Better than nothing, they constantly tweet, linkdn and post stuff on their website. But no actual videos with any media outlet.

Like IG, lse, proactive investors, or my favourite one total market solutions the lady who does the interviews asks some personal question from shareholders directly to the directors e.g UJO, block energy, Vast, Bluejay, ECR and many more. Do not see Larry going on that, maybe in the future?

RNS stated production guidance end of 2023, 2 weeks left. They can RNS anytime or any day during the week. Trolls cant even wait 10 trading days.

The share price went down a few more pence big deal, the company does not care for shareholders big deal, look at the share price last 12 months. The way people talk is like COPL just screwed everyone today because it went to 1.50s?

We know system has been upgraded + injection, flaring not a big issue anymore. We know production needs to be going up or over 2000bopd to be fully funded for 2024, yet people don’t wait for a RNS, state the same negative posts everyday and every hour.

What the these trolls on about?

No JV? It can come anytime.

Bondholders selling? Is that not what they doing all the time and messing with SP and shareholder emotions? Clearly they are winning.

No communication? Is it end of 2023 yet?

They communicated in November and stated wait for end of 2023. Hello! Use Brain?

Underwhelming production? We have not even got a RNS on production, and waiting for COPL to communicate. What Underwhelming Production?

What kind of troll even writes these messages, posts and thinks they are sane in the head?

Serious question, whats wrong with all these people. Apart from people who are angry or down alot, but whats new? Loads of long time shareholders are suffering sadly and have been for 12 whole months.

Look at July 18th price 1.58p then few days later exploded to 4.47p. Yes bonds and shares in issue, but shows what good news can do.

Next 2 weeks 0.10s-0.13s maybe? Or still to early, i think factors liken the market, oil price, christmas, investor sentiment, AGM will all play a role.

The drop was so severe and over done like a burnt chicken you forgot to get out of the oven.

Before the drop, news and then further drop again, we was comfortably trading between 0.14s-0.17s back and forth since September. Thats a long time, then to drop to this pathetic price instantly over a 5 days/1 month period.

We dropped from 0.27p and had placing at 0.15p. That was nearly 4 months trading 0.14s-0.17s, we had no news on anything , apart from expect this and expect that.

Yes placings + debt all that can happen or not. But they stated many times now fully funded + revenues can cover operating costs if they can make extra 100bopd, 200bopd, 500bopd etc. Thats what we are relying on now.

So its all possible short term unless its further delays or they couldn't fix the production issue. Covered all bases positive and negative.

I hope Jan 2024 we are back to 0.15s, not much to ask for considering we are producing commercial Oil. Larry needs to get his beard into gear, christmas is near, we need a Santa rally to boost confidence back and show share strength and value.

1) Your phone conversation with beacon energy is perplexing, why state nothing is wrong but then we find out something is wrong. Its not end of the world or super bad, we are producing but less then expected.

I know they cant say anything price sensitive information, but unless they meant everything is fine but there was an issue with production, but cant tell HMS about it for obvious reason. Thats where the trust in management goes down the Well so to speak. When they do things like this, it annoys me just do not state anything and say we will give RNS in due time!

2. Hms the 6 week wait is also perplexing, they will make around £100.000 as you stated, which is great start and better then 0 income. With this funny unlucky management we need it!

As roger jolly said most realistic reason is getting the equipment and everything ready etc. However you would think they would try to fix it soon as possible? Maybe the equipment, delivery, and people using these is taking time/training could be anything. Look what happened with the drill, experience is questionable not their effort!

Furthermore beacon RNS and Tennyson report state they are fully funded, yet the beacon RNS states industry standard well stimulation 4th week jan, but Tennyson report states sand jetting.

Unless beacon mean this and not stated it specifically might be the reason it was omitted. However the tennyson report stating this is a bit strange? You would think beacon would state this first or told Tennyson about it otherwise how would they know what beacon is doing? Maybe its all nothing and everything is fine and just delayed.

Also beacon are promoting that report on all social media, so maybe they couldn’t be asked to state what it is in the RNS, just said its standard industry process. But writing it surely is not hard? Considering the amount of information they wrote or could be a genuine forgot to put it in thing.

3. White knight the angel with prediction out of nowhere coming true but has a toxic mouth and dumb statements (Duster) or White Knight the Devil with ulterior motives and inside knowledge? Could be both! Who know! Mystery all right.

Conclusion: I wish we could fast forward 6 months when we hit each milestone 250bopd then 900bopd, then we would all be happy and expect share price to be multitudes higher. Placings and debt in the future can happen especially with further wells and this managemnt, but revenues should cover all expenses for now for this 1st well as stated by Beacon and Tennyson.

I know its only been 1 day, Looking at the posts I filtered 2 people, I am not seeing much green boxes so far.

Good! I hope trolls get less and less going forward, balanced or bearish sentiment is fine.

Obviously I am talking about the main troll on this board whiteknight. I was thinking about what you said HMS about inside knowledge, I will monitor greenboxes or trolls for the next 1-2 months while we are expected to produce more.

White Knight constantly bashed this stock daily, called it a duster when we had Oil, but called 0.10p correct. No one else did, no one else made an account to troll and be very negative and lie about beacon energy nearly everyday. So why do this? How did this trolls prediction become correct?

I know its online and we are all anonymous, So its a mystery to me how he called the share price right. Its a very big coincidence that he called it right and it even went under it.

Was it luck? Does he have inside knowledge? Did he do it for his Friends or Larry? Is this a de-ramp account and he also has a pumping account to do day trade plays?

Anything possible online right! Then you got the Tennyson report about investor worries, nerves and weak share price. As professional stated they must have known way before and they posted it instantly on beacon website, twitter and even linkdin maybe to get bullish sentiment up. Maybe Whiteknight is part of them or has Friends in them? Or is this all just coincidence? Who knows!

Long term I am bullish and waiting for production to go up, everything else is a mystery.