Close to End of November 0.20p-0.30p Expected20 Nov 2023 18:37
Facts are we are nearly end of November and have Oil. The only way is upwards from today onwards, 0.13p-0.14p is the bottom 99% guaranteed. Lets not forget we pumped from 0.8p to 0.27p very quickly on just news of oil found.
The real money comes next year with up to 900+bopd, Feb-March time.
So if your long, don't even read this board full of trolls and day traders with their DYOR, its going more down, or stating sells like white knight who lies constantly and trolls this board when there was a big buys and unknown buys which could either be buy or sell. Anyone who's liking his posts either is him with multiple accounts, his mates or other day traders.
Wont matter in the long run, It matters to them for their own narrative, I am in long so I wont lose anything holding at these lows, neither will you.
For now BCE should be producing up to 250bopd making around 300k to pay all the basic stuff.
So 100% we will get a pump in the share price, then it could just go back to 0.14p within a few weeks or month. Or it could hold 0.20p-0.30p thats where I am 50/50 at, nothing is certain.
Jan/Feb in anticipation of installing ESP, share price will go up, then once we are producing higher rate at that point BCE would be making x2, x3 profits.
You can talk about hitting 0.50p-1p at this stage! We know exactly whats happening. only delay can affect anything + placings which would happen in Jan/Feb if they were to happen. They just did one, they wont do another one for December unless they cash strapped, but the whole point of producing money at 250bopd is to use this money to pay for everything and keep going. Otherwise trust will be low in the board again and trolling on this board increases.
Strong Buy for Longs. Only positives to come.