Member Info for real_talk_xd

If they can even do one lol

And the fact that it dropped 80% , no interview or comms to suggest that it is massively oversold or to mitigate the sp drop tells you everything. Been invested in AIM long enough to know a lot of companies do this

Doubtful that this is an issue that can be resolved in weeks - its a typical aim stock where no news is bad news.

Massive red flags and i hope no one else invests in this stock. If you look at their RNS history, when it was positive news they kept shareholders informed, when things go wrong, 0 comms

Dilution , drilling and results

The big problem is the funding required to get this to production. Will there be a massive round of dilution?

@welloilbeefooked there's no reason for them to buy when they are granted options. They want the sp to do well for that reason

@cup There was a recent interview with Lorna where she said they want to drill deeper and this requires funding to do so

They need to produce otherwise its more and more dilution - that holds back the sp

Hahaha bag holders LOL

Could be many reasons:

- current flow rate not requiring an ESP

- rod is broken

- blocked by sand etc

I don't think its a duster, i just dont think its 700-900 as predicted. But they have a strong belief that it is 700+..

If you are still holding, goodluck

16k gamble for a potential massive return if the issue gets resolved

They think its 700-900 BOPD so its reasonable to use it

We don't know what the issue is but people are gambling on this, £100-£200 for 1million shares

"

· During this time, pressure build-up data will be obtained to better inform our understanding of the reservoir response

· Once the rig has left the drilling site, remedial actions will be undertaken on the ESP and the well will be reconnected to the Schwarzbach facility to allow well clean-up and a long-term flow rate to be established.

"

Feel very doubtful but there's that incling of hope that it is a small issue that can be resolved...

Think it's game over for beacon energy.

They completely miscalculated it

Terrible rns

Sell or hold...

Hopefully we can a RNS, one that is also positive too

don't listen to random ****ty comments.

if it did free flow at 900, mms would be all over that. everything in aim market gets leaked , no one can seem to keep it hush hush

""""

A further update will be provided following completion of sidetrack operation and once a stabilised and sustained flowrate has been achieved

"""

Once a stabilised and sustained flow rate has been achieved. Yes their comms are ass but no news rn is good news because it most likely means oil is flowing..

Or they letting their buddies out

That would drop the sp, we need 250 in order to cover all operational costs..

This week or next for the next update.

Risk vs reward, the rewards are high especially if side track completed successfully, with the rod installed and producing 300+ bopd.