Member Info for Ra11adw2

Regarding volume and share price till April and the date they give for drilling.

Next 2 weeks of March will be interesting, what the share price will do?

It cant drop to 0.3p that would be horrendous and would need something bad to happen because its a big drop in percentage nearly 50% from 0.5p.

Its different from when we was trading at 0.15s-0.19s 0r 0.8s-0.11s. We wont get that kind of price action this time.

I think the highest we will break before April is 0.6p. So we will be trading 0.4p-0.6p till Drilling in April. When the drilling date is close games will be played so SP will go up and down but between 0.4p-0.6p most likely.

One thing that annoys me is that I didn't know they did the presentation until someone stated it here.

I know BCE posted on twitter, but not everyone looks at twitter or the website thats basically never updated, i mean nothing to update really.

Normally when a company does a video, statement, or talk about important things like we got from the presentation it’s stated in a RNS. Instead we get no RNS with detailed explanations, just the placing RNS with a few details.

Otherwise people would look on youtube whatever platform they do a video on, BCE do not even do that. As you said HMS why does Larry not show his face or do a video? It’s just audio with his CFO. The presentation would have been better on youtube with faces, unless they are embarrassed or hiding.

Just random upload on the BCE website or twitter and like everyone’s going to magically know. They communicate every time but do it in such a poor way.

I understand where you coming from HMS, but all I care about is bopd and BCE getting it out and producing every month 150-900 in total.

After 1 year apart from going 0.6p-0.27p we have just had delays and placings which is frustrating.

Lots of people who cant average down or stuck higher, this drill has to work and produce oil or no ones getting their money back forget making a profit.

If they do another placing and try again, or if they attempt to drill 2nd well, these are logical steps BCE will take. Admin or share suspension is not even relevant or near.

The presentation on BCE website has given us bits of info, new experienced contractor’s, lessons learned from previous failures, use less mud weight, and revenue numbers. We have no other information to go on or speak about apart from April drilling with no date.

I don’t care about management, notification holdings, shorts, people on here talking about dog of share or why they got assets cheap.

None of this crap matters, what matters is the new contractor’s get the oil out and share price goes up. Then management don't do stupid things like another placing while they wait for revenues or attempt 2nd well drilling earlier.z

Took them 1 year just to drill this 1 well that was supposed to be simple, and they cant even get the oil out which is 100% there.

Maybe just normal buying, I averaged down and brought some more and will do again end of this month.

The price is so low anyone new could buy 1 million shares for £500, if we get 600bopd-900bopd within 12 months BCE could hit 0.50p-1p. Thats 5k-10k profit they just made for a small amount invested and they could come back 6-12 months and be happy.

April is close, they should RNS date for drilling, most important drill of BCE history. They either get 150bopd-900bopd out or they do not.

At this price you would expect heavy volumes some days. But could also be various reasons markets, oil prices, seasons like easter, specific days/dates. Not always because of shorts closing.

When you go back to read the KOD presentation on thier website, looks amazing every time. The visual look, key facts and general information its one of the best I have seen for a stock under 1p. Even a young child could understand it, thats how you do a presentation without using loads of pictures and complicated words.

Like seriously go and look at it, if you’re new and thinking to invest in KOD and want to invest in a cheap low risk mining stock this is the one.

Look at other aim stocks that have no decent presentations, have failed/slow construction, production issues, or stocks that cant get funding and dilute shareholders.

KOD is Fully funded till construction finished and production starts, Chinese investment and major shareholding. They are looking to make significant money once KOD makes revenues, or they will just buy them out. KOD also have many gold projects that could easily add to share price value.

KOD has money in the bank and Lithium prices are always rising especially in the future. KOD have highly experienced development and operational management team, so do not expect issues.

Only delays and political stuff if it happens or affects KOD, will slow things down and affect the share price short term. So not many risks right?

Strong Buy, add dips every month if it goes down. Every few months KOD will release updates on construction and you can sell like a trader or hold and wait till KOD goes over 1p to make the big money.

I am not selling till 2025, once production starts in Dec 2024 as stated in presentation, or earlier with high revenues anticipated.

So success scenario and they can get oil out in April with new experienced people and lessons learned from previous drilling, including the dilution i predict the following:

900bopd = 0.60p-0.70p but could reach 1p depends maybe lots of buying and volume they would be making 1million+ a month.

600bopd = 800k average a month, which is what they chose to use as the highest and talk about in presentation = 0.40p-0.50p

300bopd = 0.20p-0.30p

150bopd = All we need to be cash flow positive 0.10p-0.20p, probably 0.15p would be highest.

Otherwise another placing, another operation or 2nd well drilling. By this point, wont bother selling shares and just leave it in my account for 1 year. Then see what happens, I wont sell Millions of shares accumulated for massive loss. Still many options left before Admin/bust.

This would be my chances if they can get the oil out.

Why? Well if they do not get out 150bopd its failure so has to be 100% happens so 10/10. 600bopd would be 50/50 chance and 900bopd would be 30% chance.

However we all know oil is all there, they must get it out with new experienced contractors + lessons learned from previous drilling. Otherwise another placing + 2nd well drilling most likely. Admin and bust only comes when they have exhausted all options and have nothing left common sense. So much potential and positives but also risks.

150 bopd = $40k per month - (10 out of 10 chance)

300 bopd = $295k per month - (7 out of 10 chance)

600 bopd = $805k per month - (5 out of 10 chance)

900 bopd = $1,310,000 per month - (3 out of 10 chance)

1) Confidence level is 50/50 like always, i cant put a number to it, but I am positive. Either they drill and get the oil out or they do not.

Everyone here knows the oil for this 1st well is 100% there. All the delays and placings happened because they cant get it out. New contractors employed who are experienced and management stated they learned from mistakes. So again 50/50 as a conservative sensible approach.

2) 150bopd is commercial and expenses covered. They skipped 300bopd and 900bopd, they only talked about €800k revenue if 600bopd produced. Did they do this on purpose? Was it to pump and add positivity? Or they actually think or have data this side track will give them 600bopd? I found it interesting they used this number, they could picked any numbers 200bopd or 500bopd etc for the presentation. Perhaps all of it means nothing and over thinking it.

3) For any new shareholders it’s free money if they get the oil out, buying at this cheap price 0.4s. I should have sold at 0.27p last year, used the profits and brought now and have 50/50 chance making loads of money. Easy to say, but people have luck and no luck.

4) I said this many times, how can the company de-list or go admin? Unless they give up and call it a day. They will clearly do a massive placing if they fail, then attempt something else. Then they will attempt to drill the second well. Thats the path these oil companies take common sense.

5) If the new 1p is 0.60p after dilution everyone here will take that, everyone would take 0.10p-0.20p just to make some profit or loads if they averaged down. Otherwise they can get out with all their money safely, thats all possible if they get the minimum 150bopd-250bopd.

Conclusion: Everything to play for, many positives and many negatives, overall still optimistically positive. However thats why i say 50/50, because no one knows anything. Therefore can go either way once we get results.

Everything is 50/50 until next positive RNS. Plant is running thats major positive, finances we will find out next few weeks or less. Many small issues still need updates and everyone is waiting.

By this time, prem may be producing good or average grades and share price could be much higher 0.40s-1p+. Anything else its disaster and share price below 0.20s.

George stated clearly couple days/ hours for small issues to be resolved. It’s still an estimate could be few more days.

He never said he will 100% update shareholders regarding this. He said he was told full production will take several weeks. So a proper big RNS could come end of March or anytime.

Its all 50/50, no need to create fear, pump or de-ramp. Just wait and see, only day traders getting impatient on these boards.

hms i agree with everything you said however in my view its not simple as big ifs, bust or admin. however i understand why you feel that way.

new contractors that have done 1000s wells is a major positive, hitting a completely new area and digging but this time aware not to create heavy mud weight is a major positive.

so even with risks i would put that 70/30 in hitting oil which is 100% there. even if you are 50/50 still good odds.

let’s say they fail again, who do you put blame on? easy to blame, i would be ****ed off like everyone else however:

is it bce management for underestimating these assets and being unlucky? like professional said why did they get it so cheap.

bce management new all the risks and proceeded with cheap inexperienced contractors or management thought they knew what they are doing and messed up many times. they said in presentation they learned from mistakes and what they will do differently, why say it like this like they are aware?

or the new experienced contractors failed on this side operation, are they unlucky or have they just messed it up?

regarding admin and bust, bce will not go down that route straight away, they shown this by doing all these placings. if they fail 3rd time, they will do another huge placing then attempt another operation or start drilling 2nd well. if these 2 fail, then you can start thinking of bust or admin.

hepseal i just converted it to pounds quickly cant remember if it was after expenses or before. if its 40k, 100k, 600k, 1 million revenue, bce will be cash flow positive and share price multi bags all that matters right?

at this 0.5p price risk-reward still looks good and potential is huge especially when all bce need is 150bopd to be cash flow positive. 200bopd-900bopd is multi bag 5x, 10x or 20x potential with revenues between 100k-1million.

KOD is basically safe investment with low risk next 9 months of 2024. What Prem should have been, 1 year late production, multiple placings and still now unsure whats grades and when production will fully start all unknown even now.

KOD is Fully funded to production with money in the bank which they can use to explore many gold assets that they have. KOD have better fundamentals and verified analysis than Prem.

KOD no dilution or placings needed, even if there are problems or delays, money in the bank should be sufficient. They would basically have to throw all the money away or waste it.

KOD has analyst ratings and broker ratings 1.6p and 1.8p. Not many other lithium mining under 1p do. I find it positive when a stock under 1p has ratings, whatever you think of them its very positive. It means its a stock worth while to give analysis/forecasts on, because you can estimate things.

Even if KOD drops back to 0.30s, 0.20s next few weeks or months if no updates, once everything is constructed and production starts it will be over 1p considering the revenues and lithium prices keep rising common sense.

Then buyout or staying as KOD producing high revenues and exploring/producing from gold assets will be next step.

Literally cant see any negatives apart from delays, KOD has a bright future, no money issues and companies backing it. Long term investment even for a AIM stock. It’s one stock you can hold for a long time without many worries.

Simple you either believe 3rd time lucky with new contractors who have completed thousands of wells. Seem to be fully funded included expenses for the operation according to presentation.

All the oil is sitting there but BCE have been unlucky, useless, or have inexperienced management that cant get most of it out.

Whatever you want to believe, but BCE could easily sell all assets last resort and get share price up.

Otherwise you believe BCE will fail and do placing with another operation with excuses. Or they start drilling 2nd well. No point talking about Admin thats long way off yet.

1 month till April and drilling operation will start anytime. They should or will RNS start date as they have done previously. Either buy cheap shares now, average down or sell.

150bopd is all BCE needs = Cash flow positive and cover all expenses that runs company.

300bopd = £342k a month

600bopd = £684k a month

900bopd = 1million+ month

Every scenario multibags Share price many times depending on bopd. Can they get it out? And how much? Thats the risk. Potential and revenues is still huge, therefore Reward is compelling still.

All i said professional was that BCE stated they getting new contractors who seem very experienced.

Fantastic managment? Unlucky management? inexperienced management? Who cares anymore! We just want drilling to work and oil to come out.

1.4 million is nothing if they produce 150bopd = £121k a month cash flow positive and covered all expenses. Multibags once or twice at least from 0.5p

300bopd = £342k a month, 600bopd = 680k a month etc. Then imagine 900k basically £1 million a month! Multibag many times x3,x5,x10 potential any scenarios.

As you said if it works out and they get all the oil out which everyone knows is there.

The fact you did not state many bad things and agreed at the end. Shows your back to being bullish, risk and reward anything could happen good or bad of course.

I am sure after presentation and new drilling loads of poeple back to being bullish. Fully funded for the operation, If BCE fail again huge placing and 2nd well drilling next step, or another operation for 1st well.

Does anyone see this going under 0.3p before April and drilling? I don’t.

So its buying time now under placing price, buy at 0.4p-0.5p is all you can do. Do not buy and miss out if it all works out. Or wait closer to April once we get RNS they have started and then buy/average down.

We only need 150bopd to be cash flow positive and operations/expenses all covered. The drilling and expenses all covered due to equity raise, look presentation basically fully funded.

150bopd should still multibag share price from here.

200bopd-900bopd makes BCE rich and should fly to 0.30p-1p+. E.g 600bopd brings in £684,610.18k month. 300bopd brings in £342k a month.

Your telling me we wont go past 0.20p even with dilution if BCE makes all that money a month?

So it comes down to if you believe 3rd time lucky they getting oil out which is all there.

New contractors that are experienced and drilled thousands of wells, lessons learned from previous drilling and cause less mud weight.

Presentation seems more better and bullish. Risk-Reward looks even better now, just dilution has been bad. Buy or do not, simple as that.

Intresting random presentation BCE gave with lots of information to be honest, and Larry is alive with his CFO.

I like how they both talked each slide, like they trying to save the company and its reputation or desperate. Still good overall presentation I think.

They cant state anything until they drill and get the bopd out, if they can. Wish they actually stated what Bopd they are now, it’s actually important if they are near 150bopd.

Everything still seems 50/50 regarding if the side track goes well, but all the oil is there as they stated and we all know.

1. Drilling a new side track in April that will take 14 days, basically drilling another hole but learning from the previous drilling and problems which they actually said. They kept mentioning weight and mud e.g heavy and light weight.

2. They stated using different contractors unless I heard wrong.

3. They showed cash and what they will use it for after doing equity raise and diluting shareholders. BCE has €4.2 million cash now, it will cover the side track drilling + Opex + G&A and general working capital. They did not say it, but seems all fully funded? Slide basically stated that.

4. The best part was when they showed slide 8 and said because its onshore and low cost.150bopd = €360k will cover all operating and corporate costs and make BCE cash flow positive.

They actually now stated such a low bopd will make the company good, we all thought 200-300bopd would be minimum but its not needed.

They showed 300bopd-900bopd revenues as well, but stated 600bopd would give $800k a month which would be massive for the company.

So all we need is 150bopd-600bopd to make the company cash flow positive and share price multi bag many times if thats 0.20p or 0.60p with the dilution.

I still think 1p+ is still possible if they make 500bopd-600bopd. 1.5p-2p if 700bopd-900bopd thats over $1-1.2 million euros a month!

Good luck all. This is going to be a big week for Prem and all of us, history in the making 1 year too late but we are here now.

Plant running, we need the grade confirmation and results of all the minor issues or some of them. George needs to tell us whats fixed this week, then actual full production next few weeks.

I do not want to see 0.30s again, as long as positive news from next week onwards should rise 0.40s, 0.50, 0.60s etc short term. Thats what we are expecting.

May also hit 0.70s-1p short term if we get the volume, buys and pump. Happened last time with prem, can happen again.

Regarding finances or placings if they must come, hope they come in 2-3 months time so we have time to get out knowing its coming or share price can rise steadily rise.

Hopefully George gets bank loan or investments as he stated in interviews, then share price should increase further. This is best scenario for all shareholders without dilution and placings.

Then long time production and revenues with lithium prices increasing needed, so share price can get to 1.5p-5p e.g in 6 months-2 years. Or buyout would be sufficient any time.

You cant give an average to determine that, many factors such as drilling depth, type and size of the equipment of rig/drill, complexity, quality, resoviour, contractors used etc.

Way too many factors to even give an estimate. Maybe hundreds of thousands or millions. Look how much they raised and make a guess on that and how much they taken for themselves.

If the Management has been lining pockets since 2023 or even 2024, well what does it matter? We had a few placings so far. Happens on all Aim stocks that have cash and debt issues.

If the 3rd operation works and they can get oil out, then share price should have massive re-rate.

More Bopd = shareholder and market reaction = rise or pump towards 0.10s, 0.20s, 0.30s depending on bopd numbers given. E.g 200bopd-900bopd which is still the potential as the oil is all there, this is what we are all hoping for in April/May or at least to be stated they will produce.

So do you believe the company will succeed in the 3rd operation to get all that oil out which is all there? Then invest and wait, otherwise trade, don't buy or sell for loss.

You either wait buyout 1p-3p or wait for production. Share price will go up and down till then. Too many positives then negatives and thats what makes this a long time investment.

Kod even has price targets of 1.8p with well known sites like marketbeat, not many aim shares that are 0.3p-0.30p get price targets on main sites. That shows how Kod is perceived, very good.

Kod is debt free and has 100 million Chinese investment and shareholding investment therefore fully funded to production. Major positive.

Kod also has gold projects that can add value and revenues in the future 1-3 years possibly. They are focusing on the lithium project 2024, but any positive RNS on gold projects will pump share price.

As long as the lithium project keeps going, goes into production by end of 2024 the share price will keep rising. Any delays and issues, share price will go up and down, but still fully funded and cash in the bank.

What Aim share especially in mining or even lithium can compete or have all the positives Kod has and at such a low share price? I cant find one at the moment. Conclusion: Kod is a Strong Buy

Professional to answer your question you said the 1p is now 0.60p, i think after all the delays and dilution everyone here would take 0.50p or more if possible.

Everyone will sell most or little bits and let the rest ride. If it pumps up or genuinely goes up because production increase.

Now no one really trusts beacon and their delays and not doing well in operations due to bad luck or their own faults.

Let’s not forget they did not fail the operation, although most will see it like this. The RNS is worded like they got more bopd out, but barely enough what they and we all expect.

So this dilution although matters and has annoyed anyone who brought at 0.7p-0.19p. The long run if 3rd operation works and they get all the oil out that we know exists. We should see share price over 0.15p-0.60p depending on 200bopd-900bopd.

Then you still got 2nd well drilling + more dilution if 1st well does not work out. Also they got all that experience drilling and messing up like they stated in the RNS. If all this fails they got all these assets and oil from the 1st well still there, so sell it for 1p+.

Before Admin/Bankrupt we still have 2-3 options to try, it’s all to play for and we still on option 1.

Long term its 100% buy and accumulate. Short term could still dip down, then pump back up again.

Nothing like similar lithium company Prem which is at same share price, 1 year delay production and still waiting for grades. Prem has had many placings and dilution, cash issues and lithium price is still too low.

Kod has none of these problems until production, in-fact if Prem with all those issues pumps or goes back to 0.50p-1p, shows how far Kod can go with no issues. Its a good comparison stock, even to see how volume and trading goes.

Kod has No debt, positive cash and fully funded to production.

Buying 0.20s and 0.30s waiting for November/December 2024 with lithium prices going higher, Kod could easily go back to 0.70s-1p area and thats before production even starts.

Delays and issues can happen, but thats the risk-reward which is leaning to more reward as Kod is in a good position financially and backed by big investments.