Member Info for Ra11adw2

November RNS from COPL stated they plan to give forward production guidance for 2024 prior to the end of 2023.

We can expect a RNS on production guidance anytime in December 2023, 15th December which is this Friday is possible as it follows previous months.

If no RNS by this Friday, it can be anytime till end of December. Why Because they stated so, its obvious unless you cannot read or want to be a troll.

Other reasons proving why it can come anytime in December:

Wednesday 21st December 2022 was the last date COPL gave a RNS last year.

In 2020 COPL gave various RNS on the 18th, 24th and 30th December. So thats a indication that COPL end of 2023 Guidance can come ANYTIME in December.

3 weeks left, little patience needed.

Fair and good comments agfo, even if bluejay deliver Jan/Feb 2024, management still must be held accountable for starting end of 2023 as targets and certainly by Christmas statements.

I do not care if its not in their hands, do not mislead investors or make statements that are clearly far away from the truth.

If you don't have much bargaining powers or its up to strategics when it happens, why would you even say end of 2023. Thats woeful and inept management, Rob Edward is supposed to change this narrative.

Imagine people who sold at a loss, or lost all their money and have been waiting for Christmas. I feel sorry for them. I cant afford to must hold regardless.

Share price back to 0.60s as well, if thats because of the markets down or slow, or the RNS last week who knows. I wonder how long it will take to get back to high 0.70s in the short term, should not be long we go up on £3 looking at trades.

Itsawrap, thats fine i got nothing against you agree or disagree, debate etc. Whatever I am long time holder makes no difference to me and I believe I will see huge returns.

Anyway thats unfortunate, I use a freetrade best platform for me, i tried IG but for me has many issues. This would be the best time to load up, but i need my Christmas money to come first. Guess I cannot buy anymore and hope it stays here for a bit.

Same HMS, actually I hope it stays down here for another 2 weeks now that we are at this ridiculous price.

I got Christmas money coming soon and want to add more, knowing my luck in 2 weeks news or no news, this will be back to 0.14p again probably.

I don't think beacon will give a Rns message regarding the share price movement, seems unlikely especially with AGM coming up. They are aware i am sure even with you sending that message.

ItsaWrap, what is your problem? Are you getting upset because share price is down a little.

RNS dated November:

*standard oil-industry analysis indicates that an initial production rate in excess of 900bopd could be achieved with the installation of an ESP*

So whats your point? They didn't make the 900bopd out of thin air. Read the title of the RNS * Increase of Reserves and estimates*

So they said 900bopd could be achieved with the ESP, so whats wrong or bad about this?

What did they promise or under deliver? Thats what your moaning about. Please explain what your issue is.

We have not even got a production update for 250bopd, never-mind anything higher.

So how can you make statements * under deliver or over promise* when neither of these have happened with beacon.

As you stated hope its different for beacon, but then your having a strop because beacon energy stated the word maybe or could in the previous RNS. You clearly don't believe in the company if your questioning the RNS statements.

Agreed Trackerty. No news and impatient selling, where have we seen this before?

April when the share price was 0.14p-0.11p then because of waiting so long for drilling results and if its a duster or not we went to 0.7p-0.8p. Then hit oil boom we 0.27p.

Shows how quickly things turn, because we are expected to produce 250bopd then excess of 900bopd. This morning at one point we touched 0.11p is crazy.

One thing is certain, when the re-rate happens its going to be big even if its a pump short term that will go up and down for while. I believe it wont stay up consistently until we achieve around 900bopd next year.

Cautious? Your post is cautious? You stated:

*I'm used to these small oilers over promising and under delivering, I hope Beacon will be different*

What have beacon over promised or Underdelivered? You not even giving them time to do either, you do not even have to wait long.

But then you say hope beacon is different and then state :

*Note the 250bpd and 900bpd are caveated with "up to"*

RNS clearly states: *initial production rate in excess of 900bopd could be achieved with the installation of an ESP*

So what you typed and posted was incorrect and not the truth compared to what the company stated.

We are still waiting for a production RNS which will clear everything up short term.

You cannot under deliver, when they have not even delivered yet. You have to let them try deliver first, Its not difficult to wait for production news couple weeks or a month. If you cannot do this, your a troll plain and simple.

State under deliver when it actually happens, i know beacon will be different not because I am invested but because everything that is stated by the company thus far in RNS and on their twitter/website.

They messed up so much in the past with dusters, but now hit oil, stated 250bopd first and then 900bopd in Q1 2024. With these productions, it will be the start of the company.

The company has not even started for heaven sake, its begun its aim and objectives to become a self sustainable business. Let them produce or not produce, then you can make factual statements.

You cannot have a conversation with trolls, i respect the ones that come here and say they worried about their investment or are moaning and letting frustration out etc.

We have posters that are called bullies or pumpers but are actually giving facts with links. Yet the trolls come out with posts not even questioning or talking about the facts but talking nonsense instead. Like they are on purpose ignoring the facts or good research. Even ignoring what the company RNS states.

We have a production update due, 15th of every month or start of the month looking at past dates. A possible JV and end of 2023 guidance still to be given as stated in RNS. But these posters have no patience and cannot wait 3 weeks.

3 weeks left of December, yet you got posters with new accounts popping up with other people defending them saying they been watching for years and decided to post now.

You then have trolls who are shorting or spreading insults and making this board into a joke.

Either try waste time debate with these trolls, have fun or filter them. Otherwise just wait and read the posts that actually give decent information, links or facts. Then make decision sell, buy or hold once 2023 is finished.

Great post Ashton and agreed, so the fact you sent another message and asked for some kind of update or delay message and no prompt reply this time.

Maybe because sensitive news now and we will be getting good news next 3 weeks hopefully, maybe he is busy and not replying back or does not want to reply back because he knows nothing will happen this month.

Lets hope its the price sensitive good news incoming. Like you said its not in their hands with time.

These strategics if they come and if there is 2 + kobold update are huge for the company. Survivability is ensured + future is assured.

This is exactly why he should not have said certainly sewn up by Christmas and end of 2023, because he put a time limit on the company to succeed that will make him look bad and shareholders lose trust in him by making these statements.

What is this market, £8 and £3 trade went through pushed share price 0.69p to 0.78p which is a massive 10%.

Then a sell pushed it back to 0.70p. Thats some strange and big moves it did on nothing. Like how did the market even let that happen.

I had to filter these 2, they post after each other and what they post is nonsense every time. I rather see green boxes. Bring nothing but trolling and negativity.

We still waiting on news on production RNS whenever that maybe, so its called a life style company with no fact to back it up except its going lower.

I am looking at many Aim stocks this morning and they are down 2-5 percent, nothing to worry about.

I will keep adding, its ridiculous share price but good to average down. UJO know they will double, triple, x5, x10 their investment in the future, they will add more in the future as it was their initial investment.

Good to know Hemo same here except its mostly due to work haha. Then a quick look at this and some other aim stocks.

Its funny every Aim stock I am regardless of the situation, Jvs, debt, warrants, cash, revenues etc.

Every single one waiting for a RNS just like Bluejay short term as well.

One or 2 stocks actually putting a RNS out would make a great end to to the year, here is hoping…

Blue is my favourite colour, you can do it BlueJay 9 trading days left.

So we got 9 trading days left for bluejay realistically to give some type of RNS. Whatever it is strategics or delayed information till Jan at latest even though it would be unacceptable unless its the 1st week which i said I would forgive if it lands start of Jan.

Every day that goes by, the sewn up by Christmas and end of 2023 Rob Edwards statements seem unlikely, and damages his credibility.

I feel like he shouldn't of said all that now we getting closer. Normally a decisive RNS is given Monday-Wed from other stocks I have experienced, never on a Thursday/Friday. This week will be gone if nothing tomorrow and Wednesday.

Still 9 trading days and even the Christmas week is still a long while, can be done. Lets see.. you still up every morning Hemo, just to see any RNS because it can come anytime if it does, I am waiting patiently.

Wild, I can understand your frustration and I am sure people who are stuck 5p, 10p, 20p all feel the same.

Just look at the facts, they stated guidance end of 2023, you have to let 2023 end first.

What is guidance anyway? Like are they going to say JV is still ongoing and we will give production update in Jan 2024. Thats not much guidance is it?

Everyone will be bashing this stock if that happens. Apart from those who are holding and happy to wait Jan/Feb because they are also waiting for JV.

As i said production is due next 2 weeks before Christmas in my opinion, going by the last production dates they are start of the month or 15th of every month. Look at the dates your self.

No ones saying to wait another 4-6 weeks!

How is that possible? We have 3 weeks left of December.

So lets see what guidance they put out + if production update comes with the guidance or comes separately.

Everyone and COPL future should be clear next 3 weeks because they stated RNS guidance will published for 2024 at end of 2023.

I don't understand how you cannot wait a couple weeks or less. Its either De-ramping or trolling.

People like Eazy and others constantly update this thread with good info with links that you can judge for your self, its not made up or trolling information like some trolls post daily.

COPL said in a RNS they will give guidance end of 2023 for 2024. Is it end of 2023 yet? No! So why cant you wait?

COPL give Production update start or middle of the month which is the 15th looking at previous dates which is this Friday.

These are all facts because its stated in the RNS and dates, if you bother to read or look.

Realistically COPl have this week and next week before Christmas week to give:

1) Production

2) Guidance

3) Both

4) Both + JV

Simple as that. Nothing else to be said, patience for a few week and everyones got their answer.

HMS, good points could be any of them. Although in my opinion its buys showing as sells, because I got some more shares today and they show as sells. So basically that tells that story to me. Although if there is a lot of it, which there has been any of your points can be valid.

Regardless who cares, anyone selling at this point sell or at a loss which someone here did with loads of near term news coming. Which is incredibly dumb and pointless because they cant wait a couple weeks or a month.

If your waiting for a company that has oil with more reserves and estimates confirmed, a rod pump installed confirmed by IR relations and many others here, expecting to produce 250bopd then 900bopd all within expected 5-6 months.

Then be patient add more, or keep whatever you have wait for a RNS and AGM, simple as that.

6 months from now, all of us holding large amounts will be laughing while the trolls disappear or day traders make comments to make 5-10 percent here and there. Thats how this aim market is.

The people on here who are posting, the de-rampers including the troll ignore and filter.

How can anyone with a sane mind say this a duster, there is no communication, they sold at a loss and blame it on management when they sold when we are close to multiple short term news? Actually writing and posting are laughable.

1. Company drilled and found oil months ago + stated increase reserves and estimates stated in RNS.

2. Company stated they will produce up to 250bopd by second half of November expected, during which reservoir is expected to continue clean up stated in November RNS.

Lots of us emailed beacon IR and confirmed Rod pump is installed, but clean up is still ongoing. Also they wont instantly reach 250bopd, can take days, weeks or longer no one knows.

Why would they install a rod pump or anything if they are not going to sell commercial Oil? The whole point of this company is to be self sustainble, drill wells, find oil and sell it. Otherwise there is no revenue or company!

3. Beacon stated they will expect to produce up to 900bopd in Q1 2024 and make over $1.5 million per month assuming $80 bbl as stated in RNS.

4. Just like many Aim stocks including this one, the buys are showing as sells as we all know happens and other posters have stated here as well. So the de-rampers and trolls are just talking nonsense.

Will a company that has oil, has a Rod pump installed, currently cleaning up and within 6 months+ should be expecting to earn over 1 million in revenue be still at 0.13-0.20p!

Common sense please.

Polk as Ashton said and I am going to state it below why are you telling wrong facts on this board?

Rob Edwards even in a interview stated Kobold are contractually obligated to drill, and it needs to be drilled and will be drilled. His words.

I cant believe you call out Hemo on mining exploration, then you basically give the wrong information. Yes dundas was pathetic, yes they have not reached any milestone yet, but 2023 has not ended so how can you make that statement? Thats 2 things you are wrong about.

*The deal enables Kobold to earn into a 51% stake in the Disko project allowing Bluejay to maintain its 49% stake through proportionate funding after Kobold have spent US$15m*

Also their conclusion which is on their website and was dated back in October:

*The current market capitalization does not reflect the quality and potential of its assets, several of which have demonstrated high grades. New strategic partners in 2022 will help unlock value and set the stage for aggressive exploration to build resources. BlueJay appears undervalued relative to peers, with near-term catalysts that can help close this gap*