Member Info for Ra11adw2

Interesting the new buys are very large, wonder if people are believing or know something. Either that or the 219k buy was a sell.

I understand where you are coming from, i hope for your daughter, me, other investors and ones who want to make their money back on previous dusters when beacon was a different name make profit next week or soon.

Imagine if they said drilling was not near target depth or it will take weeks, or they did not even say anything about oil, there will be negative posters saying duster again and share price will tank further. Mostly hard working people put their money and beliefs on this stock.

I want to be positive as possible and not selective as you state. All investments are risk, but surely there has to be enough commercial oil and half decent quality to go into production. Why would they state they going into production straight away in multiple interviews youtube and Lse if they are not confident? Why would they buy shares and move into pension pot mid drill? Why after all the dusters, would they fail now with 2p reserve proven oil areas?

This must be a success, After stating all that I put a considerable amount of shares in and believe. Also I think most people will sell most if not all shares once beacon say drill success and oil found. If after testing they say its not commercial viable etc, then price tanks etc, then who cares? Have we not all made profit on the success drill and oil Rns? This is aim market after all, no ones going to leave their money in unless they are super long.

Oil must be found, regardless of quality or how much, they already said in RNS * an increase background hydrocarbon above the Target depth*. This can only mean oil has been found and nothing else can be evaluated.

Then this will be tested and prepared quickly for production. Once we get success news its over 50% or something is wrong with the markets. Any type of drill success with oil found boosts price up.

Placing was around 0.0011p, we stuck around 0.008p-0.009p for weeks. When the share was all over the place, we was around 0.0014-0.0012 range. Insider buys mainly higher, and we get RNS very quickly from beacon even if there is a slight delay, stating they will update markets next week!

1 month chart shows 0.008p is lowest, 1 year chart shows 0.007p is lowest.

By general logic with all catalysts coming up and good news, unless its all bad news that keeps coming out. Why would we ever hit 0.006p or lower? Makes no sense.

At that point you may as well bankrupt the company and make it worth nothing.

Lets hope RNS today morning + Good news and then Testing is going ahead. Or all this is stated sometime this week.

Good luck all, weather this moves price up a lot or little does not matter.

First stage drill success and OIL info, Second stage testing, third stage straight into production and everything is already set up. At this stage this has to be over 0.0050p minimum.

Then they can start on the other Wells and development while this first drill gives some decent income.

1) Extension did nothing to share price, but everyone seems to know this before it happened.

2) Drills + More data on 3D seismic we go above 0.0010p-0.0020p range estimated. Or nothing happens we stay under 0.0010p.

3) Jv we go 0.0050p-1p or over, or just news on chuditch we should go 0.0020p-0.0030p minimum + data news on 3D can push this higher as

Mentioned in 2). Otherwise we go 1p or more if both are given. Jv the big one everyones waiting for right?

Timelines for All these steps no idea by end of 2023, info in September 2023 conferences or dragged into early 2024.

What is your bullet point share price Davies102?

Anyone able to give a bullet point of set prices we could go to at each stage?

E.g if this happens we will be over 0.0020, then after this happens if this next thing happens we are going over 1p etc. Someone able to post some milestones with facts that we are waiting for, I have some of my own scenarios but want to see someone else opinion.

Why would a minor problem come up? Its a possibility but they would have gave a RNS this week already regarding a delay. Only a success or fail RNS will come out now, we are past 25 days and should hit Target depth by now unless its another few days more.

A RNS Monday morning regarding drill should happen or next few days. A lot of people on twitter stating the same.

Hoping the news at least pushes us past 0.0020p on Monday. Otherwise we wait for testing and production in 12 days approx and that should give us 100%-300%.

Read what the CEO said below, Gas upgrades on schedule, everything is progressing, trying to get back to peak production. Why would they dilute or do anything else after releasing this statement in rns? I think for many new investors this is a good buy opportunity, maybe give it a week or 2 see where it stops first.

Yet posts on here say this will end up as ukog which is 0.0006p and went down from 1p in 2019. And it never went above 0.0031 from march 2020, Due to constant dilution and acquisitions with lots of cash burn issues. Did UKOG give the same messages like the CEO of COPL has given?

COPL CEO:

"The Company is progressing on all fronts outlined in our last Operations Update. We are pleased that our Gas Gathering System Upgrades are on schedule, and we were fortunate to have been able to acquire the necessary high-pressure production equipment we require here in Alberta which alleviated supply chain issues in the United States. With the required upgrades to our field gas gathering system nearing completion, we are focusing our attention on a revised injection strategy to return the field to its designed depletion strategy which should result in a return to the previous production peak and an increasing production profile”.

Delay maybe, but raise? No they fully funded by raise by us at 0.0011p. Why would they raise again when they are at TD? If something did go wrong they would have said earlier, they should be finished drilling now.

Friday is a full day, they might reach Td in the afternoon or evening, markets close 4.30 UK. So RNS Monday morning. If delayed could be anytime next week. Or +12 days for testing, then RNS. Like i said anytime till now till end of July.

One other thing Bluebay if you watched the interviews, bottomley clearly states going into production end of JULY if no delays or nothing goes wrong. He also said drill can be faster or slower as well. Thats another indication that we can just get a RNS anytime in July good or bad. Crucial month for all beacon share holders.

I am pretty sure drills operate weekends, otherwise thats 2 days a week doing nothing, i mean its going down, so they cant just stop the drill every friday and start on monday. Its not like the opening and closing of markets.

Like i said today is expected Target depth, So RNS today or Monday for drill or we wait 12 more days for testing, but the testing may not include weekends so you may be partially right.

We could still get a RNS later today or Monday morning latest for drill update, otherwise its 12 days from today for testing then a RNS will be stated we are so close.

If positive drill or with testing and Oil information given expect 100%-300% rise.

If delayed further expect no rise for a while in share price.

If unlikely event Duster 5 percent chance, with proven 2p reserves then share price goes down slightly.

Poor oil quality share price goes up a bit because we found oil and drilled success. 10% - 50% rise , which is still decent amount of money made.

Cant see how any beacon energy shareholder wont make money, I personally feel this is a winner, very low risk as Bottomley said.

Thats a possibility, but its around 12 days testing, so unless there is a delay or couple more days added. Should be around 1 week and a half for RNS if its after testing. Otherwise its tommorow or over the weekend to state something about finding oil or drill success etc.

I am typing this as good luck, i want the RNS tommorrow but waiting another week and half is fine. They gave specific dates for a reason, 25 days drill to get to TD, 12 days testing. Normally they keep to these days exactly unless delay even if they are very close estimates.

Unless its been delayed or over this weekend, we should get some kind of massive RNS good news.

i do not see how it fails, this cant be like before and dusters, proven oil field's 2p reserves. They are drilling next to the well which had oil. Not like they drilling from another town or far away.

Next step is going full production on this well which they have near everything set up, which needs testing of oil which will great increase SP.

Anytime over the next 7 days should be good news, then testing and production. Who cares about further wells they will drill and develop unless your long and keeping shares in for a year.

Thank you Davies i will do that. Also i do not post much i recently joined. Been watching LSE for 5 months or so, i do get some good information from Individuals like you.

2 example i will give, one is Asos someone said they work for newspaper and next morning we will get good news, weather the guy was lying or not, the next morning the headline was true and came out. Or maybe he works at a petrol station and saw the newspaper early who knows, anyway no online research would have given that information, but someone who posts a bit on LSE apparently works for the newspaper and saw the paper did.

2nd example someone was posting information about petromatd stock from facebook and other areas, i am not a social media user so i would never get the information my self, i have a life working etc. This same person on LSE who seems respected by many for his contributions also translated the information which was helpful.

I do not like pumpers or liars who give misinformation. I just try to understand why people think a stock price will go up whatever the reason. Then do my own research to see if it backs it up. But learn something new everyday.

Again i learned AIM stock market is something else like all over the place compared to the bigger stock market. In aim you can win hard or lose hard weather its manipulation or not, all about going in at the right time if its being long or short term.

Boil seems to be at a good price range can only go up it seems, its been at this price range for years, sometimes gone up to 0.0020p-0.0030p range but then came back to the 0.0007p-0.0010p range many times in 5 years.

I meant the other way, but you answered my question on asset valuation anyway so thank you. Do we have a time frame on asset valuation?

Thank you, can i ask why 1p leading up to drill? I seen many oil drilling stocks, when going up to drill they go further down or nothing happens until it hits something or results. So what makes baron oil going up to 1p possible?

So whats the next catalysts we are waiting for that will push this share price to break above 0.0020p?

Last time we was over 1p looking at history seems to be 2015. So thats a long time ago.

2023 end of the year we looking for 1p or more or sometime in 2024 with drills? As i see the long posters are anticipating this.

Your instantly blocked troll, dont speak to me again such a troll child. Look google last 5 days, we are up 15% and one time we was up 20%. All those posts you make ur a sad little child who probably lost alot of money on beacon before on all the dusters. I realise now a lotof LSE posters with many posts are sad cretins who provide disinformation and lie like you now begone worthless troll investor blocked.