Member Info for Ra11adw2

Will COPL get 100 million from JV or how much would they really get is the question.

Also if bondholders stay, how much will share price increase with with amount of shares + bonds:

1) Production increase = 5p-10p?

2) Jv = 15p-25p?

3) Production increase + JV = 20p-50p? Arts 50p

4) Late 2024/2025 £1-£5 if COPL fully funds it self with production as stated in RNS + JV? Or a dream?

Coming into December now, its time to find out soon or next few months while COPL is funded through Q1 2024.

The biggest problem that needs to be solved is baron oil just giving a RNS stating drilling commencing late 2024 and fully funded by partner, JV, debt or something else and share price increases simple. Otherwise share price will never get to 1p unless its a buyout.

Clearly unless your waiting till late 2024, waiting for buyout or stuck at 1p or higher this is just a trading stock.

If JV comes then 0.20p-0.30p is possible, then what? It will just keep going up and down 0.7p-0.30p till drilling date late 2024 or further positive RNS are given that could pump it more. Yes. Baron Oil also has 4.6 million, but wont last forever.

Look at other stocks on Aim that have been funded, delay, debts, placings, production issues from 0.80p go down to 0.20p for example. Thats why going long this year has been so hard aim is uninvestable 2023, worst aim market in 25 years.

So next positive news or bad news will come this December and will determine this stocks future.

The fact the have not done a placing since 2022 but stated the following in RNS:

*Subject to drill financing, it is currently expected that a Chuditch-2 appraisal well would be drilled in late 2024*

*In relation to drilling planning, Baron has recruited a Well Operations Manager*

They need financing from a partner and hired a well operation manager + drill manager confirmed on X platform.

All this supposed to happen before 18 Dec 2023, thats 18 days which is 2 and half weeks from now.

Safe to say if they do not get funding and drill planned for 2024, placing is coming or its delayed for some reason to Jan-Feb.

However the question is…. why hire people then have no money to drill???

I know its Aim market and there are bad managements, but this company and management are working hard are they not?

Putting RNS and tweets about hiring people and then stating not getting funding? Thats beyond stupid, surely not!

I expect funding, I expect share price 0.15p-0.20p short term on financing announced next 2 and half weeks.

We went from 0.7p to 0.12 on pump or excitement alone from the RNS stating funding needed+ late 2024 drilling.

Otherwise this will fall back to 0.7p or worse with placings and people will not wait till end of 2024 for drilling unless its announced and funded. People

will sell and this and it will just stay how it has been, low share price with massive potential 1p+.

Exactly Nesty, you know 2023 was one of the worst for many aim stocks. So many placings, the most placings done and worst Aim market in 25 years I believe I read.

Either you believe the price target 33p or believe half 15p could happen by Feb 2024, production increase and company not doing placings next 3 months.

Or you become scared of dilution and the share price going near 1-2p for whatever reason. Which should not happen but it AIM market.

Thats the problem with aim. Aim there is many undervalued stocks because of dilution, bonds and placings this year, you have to pick the best cheap stocks that are producing, drilling or trying to get Jv partners and stick with them until you win.

ATM is one that should be on everyones list.

Exactly Hms, anything is possible no one knows anything apart from whats stated in RNS.

I do not care if you have oil and gas experience or worked in the industry. Every company and management is different and work different ways.

*A rod pump is currently being installed. Commercial production is expected in the second half of November aided by the rod pump which has the capacity deliver up to a maximum rate of 250 barrels of oil per day ("bopd").*

Just read this paragraph above in RNS they gave 13th November, a normal person with no experience or knowledge on Gas and Oil would think what?

This RNS was 2 weeks ago, so logically a person can state/think Beacon energy:

1) Will RNS Rod was installed/clean up done 1/2 weeks ago and has been producing stable commercial Oil and will continue. Another update in Jan.

2) Will give RNS state Rod installed + clean up done with nothing else and will be aiming to get to 250bopd next few weeks or something like that.

3) Will release results of commercial production in Jan 2024 instead, we will only get AGM meeting this December. With no other RNS this month because they never promised a RNS, a update was stated once reservoir clean up is done + stabilised flow rate read below:

*The Company expects to provide a further update on the reservoir clean-up operation in the SCHB-2(2.) well after establishing a stabilised and sustained flowrate from the rod pump*

Out of those 3, logically what is more likely to happen? Its the AIM market, so logic is in the bin, anything can happen!

Enjoy the weekend All.

Its been 1 day, start of new month. 1st of December they could of just installed and finished yesterday or today so they got nothing to report need a few days/weeks to get up to 250bopd as long as there has been no issues.

Stop de-ramping white knight you sorry excuse for a human, No one was expecting anything today.

No one needs to be ramping or de-ramping, we know a RNS update is highly likely within a couple weeks with upcoming AGM end of this month.

There will be a update good or bad within 3 weeks hopefully next week, however i expect the words commercial Oil is pumping. As stated in the RNS * A rod pump is currently being installed. Commercial production is expected in the second half of November *

White Knight whats wrong with you? Daily bashing this company, i had to un filter you as I don't like seeing these green tick boxes, i wish LSE actually had an option where you can not see posts from idiots.

I cant tell if your just a troll with no life, shorting or someone who has been burned in the past with this company when it failed and is out for revenge. You even posted the other day about your short, sad child.

I have 5.5 million shares now thats enough for a single Aim stock for me i could easily add 20 million. I am sure many here have way more, and I been here since April.

However I am not rich, not super poor either just an average guy working an average job and making average money.

I wouldn't risk 10 million or more Never mind 40 million, no matter if a stock is de-risked or has huge potential and does not have much downsides.

Even if I was rich or had deep pockets, Its the aim market many winners and losses daily, weekly and monthly.

The way I see it is to choose 5-10 stocks diversify and hold them long as you can. I dislike trading day to day, week to week I am not that type of guy. I have a life and job cannot watch this every hour or day.

Also I like holding and feeling good that I invested in a stock for a long time and won, like playing a game not gambling.

This way if half or even 1 out of 5/10 stocks you chose goes up you made a lots of money. Then rinse and repeat with 5-10 stocks process, thats how I like to play the game.

Look at the target price date: 29th Feb 2024 thats 3 months away! its not like its a 12 month forecast like analysts normally do, we been given a short specific date. Not that the specific month or date matters, its the fact this price target is anticipated in 3 months time.

Clearly all the calculations and info research Hannam and partners did mean something its not based on crap, based on facts and estimates.

Even half of 33p or even less 10p-15p is clearly possible by Feb 2024 no?

Orion equity 6.39p and Warrants at 9p, then you got TR1 holder increased, recent financials very good, what other positives do you want from a stock in a corrupt aim market?

33p 500% from here in 3 months? Yes please and short hold, i will take half or quarter of that! Strong Buy!

Then this was stated:

More Acquisitions Executive Director, Roderick McIllree said;

"It is pleasing to receive such strong support from shareholders.

Achieving more than 50% from just a few phone calls shows the level of support for the incumbent directors. I suspect that once all votes are in the level of support will ultimately be much higher, sending a strong message that this opportunistic attempt to wrest control of your company has now failed, a week after being called, and I thank you for that.

Unfortunately, it is unlikely that the meeting will be called off, so we will have to endure the unnecessary time and cost of holding the meeting. However, as soon as the matter is concluded in early December, we intend to get back to work on several opportunities the Company is evaluating. Realistically the result was never going to be anything different it's just unfortunate that we had no choice but to incur this loss of time and treasure”.

So wait, they basically stopped working on strategics + other updates until this matter is concluded early Dec, thats alarming. Still 50/50 comes Dec or delayed to Jan which would be unacceptable after stating sewn up by Christmas and end of 2023 in many interviews now.

Ashton you mean this part:

More Acquisitions Executive Director, Roderick McIllree Said:

"This is an important vote and shareholders should consider their options carefully. This is nothing more than a cynical attempt during difficult market conditions by a small number of individuals to take control of your company without providing any benefit to you.

We are confident that we have sufficient votes to prevent the Resolutions from being passed, and this is nothing more than an expensive distraction for the current directors, however the process must be allowed to proceed.

The current directors have been working on several options for the Company that were progressing well, however these activities have had to be placed on hold pending the results of this meeting. Once the meeting has been concluded we intend to progress the negotiations once more."

All its done is go back to 0.14p, nothing to see or worry about no one even cares. Lots of Oil and gas stocks down this morning.

We have been consistently trading 0.14p-0.15p for a while now. Only day traders winning short term.

All those blue big buys this week, no one is selling just waiting for the news that should multi-bag this at least once, which is why i predict 0.20p-0.30p instantly.

We have cash and when we found oil few months ago 0.8p-0.27p lets not forget, when we get RNS producing oil 99.99% within 2 weeks, whats going to happen? Or should happen?

Enough said filter all trolls or negatives wait for gold. Beacon Energy are either are producing oil 100% or might as well bankrupt the company and not exist. Placings or a bit of debt? Very unlikely and who cares long term, i don't see any type of disappointment coming now neither should you.

1. Bring in a funding partner for the drill.

2. Appraise Chuditch to confirm its value.

3. Monetize that Value (Production or Sale).

Yes its all great, but placing could come then a surge in price its AIM after all. Hopefully not and JV/Cash injected instead following the steps and production rather then sale. Rather Boil actually became success!

Right now I am concerned we will be heading back to 0.7p with no update RNS this November going into December. Feels like a pump and dump, which is fine if your a trader.

I am still holding from 0.7p, not selling. Still waiting for that 1p-3p range… easily could of sold some or all for a quick profit, but I like holding long term and at a low price especially with Boil potential. So need Boil to deliver within 6 months!

Thursday tommorrow is the final day for the debt/loan to be paid.

Lets see if its Diamonds everyone has been waiting for 1p party. Would that not be a great story! This chat would be in a frenzy and in the future investors would come here saying how amazing it was.

Extended loan and trades same 0.13p-015p, this ones realistic and better for share price and all shareholders short term.

Small placing trade 0.10p-0.13p till diamonds come or production/revenue increases. Could happen 50/50. Not a disaster but not very nice for shareholders diluted more and waiting for the share price to rise will take even longer.

Good luck all.

One thing is for sure, individuals are now aware of BCE and talking about it and making their positions.

This whole week we had loads of strong large buys including that 180k buy. Yet the share price stays stuck to 0.14p-0.15p, so only RNS on production will move it.

Next week 99.99% we get a RNS 4th Dec - 8th Dec calling it now. 1% its delayed till the following week 11th Dec- 14th Dec. Hopefully I jinxed it and it comes this Friday would be nice, never know with the Aim market.

Just predicting the timing not the share price, however anything positive on production started if we not over 0.20p its pathetic and disappointing.

Minimum 0.20p-0.30p short term in December is my personal target and has to happen for many who have now waited months instead of weeks due to delays.

Market must see the potential, again depends whats stated in the RNS before 2024 begins. Does Larry and the board not want a nice present for themselves or create excitement after years of failures and name changes? Come on Larry time to deliver!

Its like you buy a dream house, only to find out the keys will be sent to you in a week, then after a week you get an apology stating it will be sent in 1 month. Got the house yet cant access it or enjoy it, thats how beacon energy feels like to shareholders at the moment, but its nearly time!

Your in some nice profit already with your 25k Hemo, jealous of you mate haha.

But seriously need to get to 0.80s-0.90s next week so I can feel some positivity, depressing being under 1p for so long.

Come on Rob Edwards time to Deliver tick tock, 3 weeks left.

Lots of stocks are either down 5%-10% or trading around same place. Usual normal trading day and as lots of companies are doing AGM and we coming into December with the week ending its going to be a red week. However there are stocks that are going very high with some nice RNS updates.

Beacon as usual, always trading 0.14p-0.15p, once we get the RNS which will be next week now or 2nd week of December at latest if delayed or they want to give RNS when production is up to 250bopd.

As long as its production started with nothing else, whatever rate they are producing we will all be paid.

If you are holding for 0.50p-1p, or selling some at 0.20p then letting the rest ride, or selling it all your winning regardless.

The fact we hit 0.80s and even 0.88p just yesterday is all the signs I need. When this suddenly goes up you will have wished you either averaged down or brought more.

Even with those sells it did not do anything we jumped back to 0.77-0.80 range again instantly showing stability.

If we was still stuck at 0.60s going into December I would be concerned, but everyday now we slowly moving up.

Next week my target hopefully 0.80-0.90 and hold it. Maybe some more big buys will come? Lets see!

So looking at chart 20p-25p seems to be strong support. Share price should not go below 20p until trading update 20th December.

Multi million hundred contracts, analyst ratings over £1, Fitch report in September 2023 stated stable, director buys in July 80ps, October 73ps shows their confidence. Many positives even with share price declining to disaster levels. Risk Reward looks good.

They are never going bankrupt. Clearly being shorted down too much. They are normal on twitter and even sending auto messages via email stating they understand shareholders worries but trading update 20th December will state everything.

So you either believe its going to reverse hard and go back to 70p, its going bust, or its going to stay between 20p-50p for a long time. Even in these 3 scenarios you are winning 2/1.

I am buying heavy now, this is such a opportunity! If there was anything bad, there would have been some kind of news, but no news is good news.

People on these boards have agendas or multiple accounts to get people to sell. Shorting then using profits to buy and when share price rises higher make even more profits.

Long time holders just need to wait, average down or buy more. Yes its horrible and yes communication is lacking but you cant do anything they stated 20th December financials so you must wait.

If new investor this is incredible opportunity! Just like any investment, only put in what you can afford to lose, so you win regardless.

Just a reminder of what potential of BCE is directly from their website.

*The upshot of these revisions is that the best estimate (i.e. 2P) reserves will increase to 7.24 mmbbls (+91% from previous estimates), with the high case now above 10 mmbbls recoverable (+77%).

These additional reserves will be incorporated into a new full field development plan, from which the full economic impact of the additional volumes could be established.

For a rough estimate, however, we can use the CPR NPV10 unit valuations in the previous high case (which looks broadly consistent with the new, best estimate case) of €18.3/bbl and apply it to the updated reserve numbers. This suggests an implied NAV of US$141.6m in the best estimate case, and just under US$200m in the high case*.

Agreed Hemo, same as you I wake up around 7am everyday now waiting for that nice RNS haha.

Like i said before many times, it wont be this week. Hope I jinx it and does happen this week. I said 1st week of December or 2nd week December.

That interview just came out, but we do not know when it was recorded could of been 2 weeks/3 weeks ago. I didn't check unless someone verifies.

Its not like it was a RNS Video interview like they did before, even though Sarah and her production team are well known it was like a random interview. So i feel like the interview timing might not matter? Guess hoping does not mean delay till Jan.