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Maybe I'm wrong and time will tell, but probably adding a few more shares shortly as I think they are just trying to shake off any weak holders and see this closing higher as we have only just bounced from depressed levels. We all know that the well stimulation should see increased rates towards the 250 bopd which the rod pump can handle, before ESP being installed next month. Already towards 250 bopd our cash flow would look good. DYOR

Should be a strong week, GM 7 February 2024 at 9.00 am.

A few days ago they published their new incentive scheme, clearly interesting to see the vesting levels: 'The number of New Awards being made to Directors of the Company are set out in the table below. The share price targets range from threshold vesting at 9.32p with maximum vesting at 18.4p with straight-line vesting between agreed midpoints.'

More more yesterday, time will tell but I can only see the buying pressure increase tomorrow and next week. We have a massive cash injection coming in, debt repaid and remain with the part of the business which has the best growth numbers. DYOR

Not sure about others but I have added another 100,000 shs at 6.49. February tomorrow and in my mind with February starting tomorrow and GM on 7 Feb buyers will definitively come over the next few days and I don't want to try to buy some more when FOMO will has usual kick in. DYOR

Https://twitter.com/BeaconEnergyPlc/status/1752294041713094956

Bought in various tranches at these low levels. New strategy with Argentina exit retaining a 5% working interest (ie around 80bopd to ECHO left albeit I guess at lower Argentine prices), plus Bolivia asset and in particular new board appointments have changed the prospects for #ECHO. Loan for £898,000 maturing now on 30.11.25 bearing only 2% interest. £500,000 facility only used for £65,000 now converted into shares, another £250,000 raised yesterday allows now to evaluate as mentioned by new CEO new assets. Mcap of £660,000 at say 0.0055p is incredibly low and makes this a very interesting and cheap shell for other assets. We are witnessing this with other similar small caps, my view is that once this raise has been churned, we will move as next step towards 0.01p where the new CEO has some shares and move further upwards thereafter. It will be very volatile as money from the likes of HE1 will move in other plays like this as many will seek the next short term trade. Just my take so DYOR

Indeed great interview and leadership

Basically we are starting this week rather than last which is neither here or there. The RNS is pretty clear of what they are doing and is in line with what they initially suggested with a few additional details which will reduce speculations.

Sorry mean tank if NOT commercial

Did, probably like many others, a quick short term trade this morning and banked my profit. Clearly we all have our views and risk profile, my suggestion to less experienced investors would be to only invest what you can risk, as yes this can go either much higher but conversely could tank brutally if the helium finds are commercial DYOR

Great RNS. Size is irrelevant, what is key is that this is the first contract with a US state organisation. We know how the size of uk government contracts have grown over the years and by the looks the same is being replicated in the US, which is a much larger market.

I bought some as I expect a further move up during this and next week and could be wrong, but equally WhiteNight shorting it has got his risks. Time will tell DYOR

Building up on the buy side again, let's see but think we'll move higher again today. Previous raise was at 0.15p so would expect a move towards that level this week and next. DYOR

Good news indeed. CYK listed on Aquis and always stated from the start that it would have uplisted into the main LSE market as soon as possible and also dual list eventually in the US. This transaction allows this to happen and also to attract institutional investments into CYKEL and its reach plus liquidity profile. I suggest to any MUST holders to look up some interviews and info on CYKEL. DYOR

Good news indeed. CYK listed on Aquis and always stated from the start that it would have uplisted into the main LSE market as soon as possible and also dual list eventually in the US. This transaction allows this to happen and also to attract institutional investments into CYKEL and its reach plus liquidity profile. I suggest to any MUST holders to look up some interviews and info on CYKEL. DYOR

Re Switch from HE1 to BCE, I would have done the same if you compare these 2 companies looking at the data in hand and the respective downside. I did a successful short term trade with HE1 but was not prepared to go into a drill where the result could be uncommercial and I could be wiped out (been there before and never again). With BCE they have confirmed that they are commercial with the current low production, the risk is how much upside do you get with the workover, but we know that they had a positive well result with a NPV10 of $140mio at $80 brent and their mcap is £11mio ie there is always downside but clearly not what you could have with HE1.

As expected buying pressure starting to move the ask price and probably the bid soon. £11mio MCAP with currently 70bopd production, funded for work imminently starting which should only take a week or so and give some production increase.

The only certainty is that the next couple of weeks will be very interesting and I can see further buying as FOMO will as usual take place, in the meantime let's enjoy the weekend.

In my mind we just need a bit more patience. Nothing is certain in this sector, but would hope that the clean out operation which should take place imminently will deliver a positive outcome; although I suspect they will continue to use the rod pump first (capable of max 250 bopd) before installing the ESP only once they know that the well has been fully cleared, but I'm just guessing. If we already cover costs with the current production, any uplift should generate an immediate revenue increase. Let's wait patiently. In the meantime DYOR and see the presentation which was embedded in the RNS of 11 Sep 23 relating to well results https://stream.buchanan.uk.com/broadcast/64fda29b84cbf5eec802cc26/64fee72661114eed62584adc

Angus confirmed NO further cash raise needed, no debt, cash flow positive from end H1 2024. Also explained that the drop in renewals was due to the loss of a couple very small customers spending a few thousand a year not renewing, whereby the clients are now getting bigger and more sticky. 2024 does indeed look transformational for ANGS https://twitter.com/RoastPR/status/1747888208979927487

A mix really, I just added another 10mio at 0.085. Time will tell but we bottomed in this range 3 times before DYOR