Member Info for Ra11adw2

If you read November RNS:

· The Company plans to provide forward production guidance for 2024 prior to the end of 2023.

So production should come with the guidance next 2 weeks, or what else they going to say? Nothing?

What is there to say apart from production, thats the only part COPL are focused on to get 2000bopd+ to be fully funded for 2024.

The only other thing they can state is the JV simple as that.

What happens with share price no one knows, but we will get a RNS. I do not understand anyone trolling or de-ramping makes you look stupid.

* Cathys' reply clearly means that production has not changed and the SP supports that. Prepare for a big drop, IMO*

This opinion sounds so de-ramping and dumb if that QA was even real.

SP supports that? The SP has been 1.5p-2p since October. So what exactly does Share price has any relevance to anything. Everyone can see what the Share price is for months.

Production has not changed? So they upgraded everything added Injection and nothing changed?

They stated they need 2000bopd to be fully funded for 2024 and are fully focusing on production, but you opinion is production has not changed? Are you trolling? Or just want shares cheaper?

We still have 2 weeks for them to give a production RNS, which going by previous ones, is highly likely to come.

4p-5p is possible on very good production RNS, as you stated 9p Feb last year and double the shares.

Now with better system and Injection upgrades half of that is possible, which is what everyone has been saying mostly 3p-4p the initial start of re-rate and most realistic outcome.

Of course everybody would love 5p-10p but the RNS would need to have production and guidance that has very good information so market reacts accordingly.

If the production continues or increases every month, previous RNS stated 2000bopd or more would fully fund for 2024.

Then add JV anytime within 12 months, the only way to look at it its going up. Bonds will happen regardless unless COPL get cash and get rid off it or some other method.

We just the need the RNS and confirmation on production first and as i said many times now i expect it next 12 trading days before Christmas. JV is bonus and even if they didn't give full guidance is not a huge issue.

If the production levels are not given which they will be I am confident I am sure many are. Then the share price will just stay at 2p and this board will be endless arguing and trolling until its released.

There you go, Landi also verified with them.

Everyone else can if they want an update or desperate, IR relations on beacon website easy to get email.

Rod is installed, Once clean up is done, stabilised flowrate happens if its this month or next month, we nearly there now. Although price being 0.13p is trolling now haha.

When BCE expect 900+bopd or near it sometime in Q1 2024, this pathetic share price will be a distant memory cant wait.

Whoops sorry leeman, wrong username not to you. Agreed what you said.

Leeman you made your self look like an idiot, any comment from you will be ignored. This board full of trolling today, but you are going straight to filter, a troll with no life that cant even read or state facts.

Who said 6 weeks? I stated 12 trading days for an update, because then its Christmas so high chance it will come before that.

I never said anything about barrels of oil or even what the share price would be if it goes up a little or a lot, no one can state that. Yet your ranting about share price like a little toddler.

You just made stuff up replied why? Because your angry child that has nothing better to do then troll and abuse people on this board.

So nothing today 6th Dec, going by previous dates they have released production information that leaves 15th December for a RNS.

Which is Friday next week, so they could release it earlier as its Friday, or the following week 18th Dec- 22nd Dec.

Then its basically Christmas so unless they going to give a present with production + a JV (Not Likely) on that festive week.

Thats 12 trading days from today to give a production update. There is no need to get upset or be worried, or state anything at all. 12 days!

Exactly RogerJolly, we all win and now little patience needed no one needs to spam the board because someone sells or buys or gets annoyed with updates now, we just wait now and load up more if you can.

Real-talk- investor relations.

I received confirmation that the ROD has been installed. Thats they key part for me as I don't want any issues or delays otherwise production does not even start.

However clean up is still ongoing, the company will provide update on reservoir clean-up operation when stabilised and sustained flow rate.

So the rod is installed but clean up is still ongoing, which could be days or weeks. Therefore they will RNS when they reach stabilised flow rate either this month December at AGM, before it or next month Jan 2024.

No need to hype or be disappointed, everyones entitled to their opinion. Mine is a production comes this month, rogerjolly is next month. Does not matter which way or who wins, we all win in the end.

So if we went to 2700bopd before and had a old system, piping , splitters, NGL injection and now with no restrictions and everything updated.

Now imagine the RNS states 2700-3000 Bopd , imagine the share price and market reaction.

COPL said they only need 2000bbl to be fully funded for 2024. Then you got JV coming whenever that happens or does not.

15th December earlier or later is a good time to release RNS which follows last 6 months pattern. But would be very pleased if it came tomorrow, as we will know where COPL is heading for the short term. They specifically stated they will give guidance for 2024.

Long term everyone knows COPL got loads of OIL and discussing with JV on outstanding matters and we are fully funded Q1 2024.

Bonds and conversions will happen regardless, who cares about that? If JV comes it either pays it off, or makes it irrelevant.

Best time to average down or buy more as a new investor so many moving bits, if they all come together or some happen shareholders will be rewarded.

Except for those stuck at 30p-50p, unless they averaged down or waiting for JV/Buyout or huge share price rise within 12 months. Without the bonds and dilution would we not be 20p-50p range? Like Arts valuation. Even at these production levels we would or should have been 10p-20p range.

Everyone else who has shares between 1p-20p should get their money back or make lots of money, thats just my opinion.

Today is 5th of December, taking into consideration Christmas and new years holidays and time off, I expect RNS to land either tommorrow 6th December or 15th December as this has been the pattern for past 6 months.

Its not like they randomly give RNS anytime. Again I expect not 100% state that within 2 weeks a strong production RNS will come and change the outlook of COPL.

COPL stated on 15 November *A technical review of the oil response to increase NGL injection will be monitored closely this quarter, and it will form the basis for future production guidance and 2024 plans*

Put the dots together that statement was over 3 weeks ago, we coming to 4th week normally after 30 days you get RNS production from all companies.

Look at the last COPL RNS dates:

6th July operational update

15th August- Gas gathering Completion

6th Sept- Equity financing + board change

15 November- Operational Update

I sent a message to investor relations last week, waiting for response. Even their responses are delayed. I get messaged back by other AIM companies 3-5 days, its been 8 days now. Beacon energy should be called delayed energy.

No but seriously its the delay of everything they do is annoying and frustrating. They cant just RNS commercial production end of November expected with clean up, then have a AGM end of December and not give some kind of update on production in December.

Yes nothing was promised and it can easily come in Jan 2024, once flowrate stable. However this company just takes the biscuit with everything. Just waiting game and then we all get paid. I don't even look at it everyday, just come every week and see if any RNS has dropped.

How can anyone be bearish or troll on COPL, past is the past we are looking at the future now or no one makes money or gets their money back!

They changed management and what they are doing, they are increasing production with GGS and injection to become fully funded for 2024 which we are awaiting results and RNS for.

They changed the website, they have JV incoming and discussing outstanding matters if it happens or not, who cares they got loads of OIL!

Something major will happen between now and 2024, clearly all the signs are pointing to it.

No amount of ramping or de-ramping, or shorting will change that. Its a 2p stock? You having a laugh look at the oil they are sitting on!

So even taking in dilution and bonds, even if bonds stay. With all those positives how can you type a message say it wont even reach 4p-8 again? That type of person cannot be debated.

Question is when? Well clearly very soon when you look at everything thats happening!

15 million CEO brought in Feb 2023 which is approx 82k, Thats high amount of money to put in after court gave legal entitlement to the diamonds.

Yes there has been placings, yes its been over 10 months, yes share price is ridiculous low, but every time the loan company extended and vast again asking for extension and stating finalising settlement.

Loan company should or would agree, considering they know the whole situation and whats happening. As long as diamonds are always outstanding there is always a high chance vast gets back to 1p+.

Buying at 0.13p even if you are new investor a couple thousands even couple hundreds, diamonds come you basically made 5k-15k easily if it hits 0.50p-1p+. Waiting couple months or less for a diamond. Worth it!

For others putting in millions like CEO you will be rewarded and rich, for those averaging down or holding near 1p, you get your money back with a bit of profit so why sell for a loss or are you trolling/shorting?

I would not be surprised it comes full circle takes 12 full months, so Feb 2024 diamonds received like how they got entitlement.

They still have assets, still have revenue coming in, they could have easily done a placing today or as some say go to admin/give assets, they wont go admin and loan company does not want assets.

They asked extension so many times and continue to do so, as they will be receiving the diamonds its very clear!

What big change? The big change will come in q1 2024 when they pump out 900bopd which is what they stated and expect, that will push us near 0.50p+.

Right now we all we expect is 250bopd production and stable flowrate.

I personally just want a RNS stating this, this month or next month if commercial production started as expected with clean up at the end of November.

Short term we not going to go past 0.50p, we will go anywhere between 0.20p-0.30p but depends on whats stated on RNS.

If nothing is stated in December then we stay at 0.14p-0.15p simple as that. Then we will be waiting for a update in Jan, we know beacon love delaying everything. Christmas is coming, so if Larry wants a big turkey, he will provide a RNS this month.

As i posted many times before, either they extend loan, do a placing or have the diamonds, look what they posted today and the words *Finalise the settlement*. Why state that? Clearly because they are in the final stages.

To anyone that should mean Jan/Feb at the latest. The loan company does not want assets and knows the situation, now vast are trying to extend one more time, they could ask another time but that seems very unlikely after posting the words *Finalise*.

Now with this RNS i am certain Jan 2024 or early Feb 2024 vast will have the diamonds. If not its numerous placings + they wont go admin with revenue coming in + asset worth.

*The Company is currently in discussions with Alpha and Mercuria regarding arrangements that will allow a further extension to finalise the settlement of its historic claims outlined in previous announcements*

Read that above and make your own decision, buy or not buy?

Strong Buy at 0.12p-0.13p is so cheap and amazing price to get this once diamonds/revenue increase its pay time!

AGM 24th Dec, thats 20 days from now. So 2 weeks and a few days to release something.

I believe we will get an update on production or something else. Thats just my expectation and opinion, considering Beacon Energy stated last RNS they expect commercial production end of November with clean up.

However could easily be after AGM when flow rate stabalised and we get RNS Jan, but with all the delays and BS placing they did we don't want this.

If they give it this week or next week it makes sense, because they cleaned up + got stable flow rate for a few weeks and started commercial production end of November.

If your long or short does not matter now, 100% RNS production Dec/Jan thats a fact now. Unless its a delay RNS or some stupid placing even though they just raised and fully funded.

Again we will find out financials at AGM, the fact there is a AGM in 20 days that will state financials, thats why i am certain next 2 weeks RNS will come and boost share price.

Whatever happens next week, good luck to all shareholders. Its either Diamonds, extension to loan or placing. Admin is very unlikely, they are producing revenue and the loan company does not want Vasts assets presumably.

However does a person not think at the price 0.12p its a strong buy? New investor or a person averaging down.

If you removed all the debt, then share price would be 0.50p-1p+ would it not? Even with shares in issues.

Vast is a company producing revenue + multiple other things in future are being targeted. Its just this debt loan that is causing all the issues.

If the diamonds was never a thing, what would Vast done then about the loan? Would they sell the company? Would they made a very big placing? Would they have extended the debt loan for 1–2 years?

Clearly the CEO is confident what the future is, so are loan company if you watched the videos and warrants above 1p. Why would they even state diamonds if they knew it would take several months or years to get it? Its been nearly a year. Its not like they would have got the diamonds in a few weeks/months when they announced it. Yet share price was boosted high or was that done on purpose?

Diamonds which is so 50/50 event as no one knows anything, they either get them or they do not. Taking that into account buying at these low levels not worth 50/50 risk? Which should reduce or stop all debt and make vast back to 1p again?

So if running costs is 100k a month, they raised 350k in October that gives 3.5 months from October. So lets just say end of Jan 2024.

That means in Jan 2024 or Feb 2024 we should get news on JV/partner or negotiations with lenders and investors as stated in company presentation.

e.g Cash injected or its another placing stating to help with the green hydrogen project etc.

However they cannot keep doing this not just for shareholder trust which is already low. They would look like total idiots and market reaction will be severe which everyone can see by the absurd low share price considering who owns this and what potential it has.

I feel like we will get fully funded or something else will happen that will increase share price back over 0.10p.

Look at it like this:

Knowing expenses of 100k, why would they only raise 350k? To keep company lights on? They could have raised way more, but didn't and gave themselves a few months?

Billionaires own this, naheed must have raised this knowing something big is coming next few months. Or she lied again and will continue to do placings till something happens e.g cash injection, JV etc.

Still a strong Buy at these prices and like any aim stock its about risk and reward. Risk is there like placings, but reward seems achievable and can come if fully funded.

Its up to you how much you want to invest and when you want to buy or sell. The future if it keeps going and is proven to be a 1p-10p share, you will look back at this share price and laugh.

Question is whatelse can happen between Dec 2023 and Feb 2024?

Hi Shiny yep short term will be determined. We cant predict the future, just assume things and hope for the best. Anything is possible its AIM markets.