RE: This is it, this week crucial history of beacon energy10 Aug 2023 20:04
Agreed Daprophet another delay would be same as not finding enough oil, failure and incompetence or could be bad luck.
2 dusters already, last drill they did as advance energy had a delay as well when i checked back.
This one should be the easiest WELL to drill with no issues, but issues can happen. They have an expert rhein team doing it this time, and still messing up!
This company always seems unlucky, but this time its proven reserves in Germany, the well next to it is making money for a bigger oil and gas company!
We saw the delays and time its taken just to give a RNS stating they expect to reach TD in coming days that was this Monday. Share price went to 0.0006-0.0007, which was not good and market did not like it of course. Another issue or delay we heading back there, but we shouldn't be!
Its 4 days now, they sure like to take their time of course they need to as it would cause share price drop, or worse cost more money and then they will dilute us shareholders.
I am hoping tomorrow Friday they state they reached TD and assessing OIL, thats all we need to hear. Or they will continue over the weekend and release RNS Monday.