Another insider buy and RNS positive.4 Jul 2023 11:33
So unless this was posted before or known before, its been rnsed today so can only be a good sign when we are half way drilling. Has to mean something, i mean 30th June we was still drilling.
You would think all insider buys happened when new company started or just before drilling. Anyway lets see what happens this is the month, either we all get rewarded or its all lies.
Its 90% win for us in my opinion, the 2p reserves, the proven oil, the interviews on youtube IG and LSE. I just cant see failure unless its all lies and they have history of it before, but this time theres too many positives to fail. They said many times they will produce from well straight away end of July/august, as long as nothing bad happens e.g delays or something else.
Beacon Energy (AIM:BCE) announces that, on 30 June 2023, Peter Appel, Managing Director of Beacon Energy's wholly owned subsidiary Rhein Petroleum GmbH purchased 8,000,000 ordinary shares of no par value each in the Company ("Ordinary Shares") at a price of 0.10 pence.
Following this transaction, Peter Appel is beneficially interested in 19,000,000 Ordinary Shares, representing approximately 0.002 per cent. of the Company's issued Ordinary Share capital.