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Very good interview, position yourself and be patient https://youtu.be/OSYcduCraK8?si=wlDlZ7Df3V3fO6Qb
Great news
As others mentioned it will take longer than expected for the US shares to be reflected. Clearly has not delivered as we expected, but you can't win them all from my experience. I was up 40% on SMD and have lost that at present, so be it. I wanted to keep good part for the potential price uplift if/when the Barda contract lands, I will now keep the entire position. I'm actually tempted in buying more as the price correction has been severe and we have now completed what was planned. DYOR
Raise oversubscribed. To have been able to raise that amount in little time simply shows the potential after this discovery from such low mcap. They have been clear ie clean up taking place with small production to start, rod pump installed in October with increase production and ESP pump thereafter with aim to produce 800+ bopd. We are now fully funded. IMO we will move slowly up from say 0.18 churning some short term traders and thereafter go higher progressively, eventually closing the massive gap created on the way down in the chart. Dyor
Looking good also from a technical perspective in addition to the fact that the raise is out of the way for 2 drills. We all know how the shares performed last time they drilled. Clearly risky to keep shares into any drill result but there will be a lot of excited retail investors from now till that time DYOR
Just put MDAI in Yahoo Finance US and it shows pre-market around USD 10.3. Whatever the starting price will be interesting to see if they can attract any interest in the US, especially due to the AI aspect and possible BARDA contract. Probably time to sit back and watch patiently as this is just the start of a new journey for this company. DYOR
These guys are usually very careful in their RNS, if they start telling us that an initial flow rate in excess of 900 bopd could be achieved and that at 900 bopd the Company would expect to deliver operating cash flows in excess of US$1.5 million per month (assuming $80/bbl Brent) ie US$18mio pa, they must be very pleased with this results and excited on where BCE could go, especially when you think it's at a £20mio mcap DYOR
Looks to me as if most shares in the raise are subject to the GM which will be on 25 Sep and only a smaller amount can be sold today or say monday, therefore my assumption is that buyers will come in at these crazy low levels in excess of what could be sold due to the raise and hence I assume a short term upwards movement, plus others might hope that the strategic new investors will be beneficial etc All very high risk and just my personal thought. I therefore bought more just now. Enough from me, make up your mind without listening to others and be aware of risks DYOR
Crazy, just bought some for a trade. In my opinion it is likely to bounce short term from this level, but a risky guessing game. Sorry for the existing holders as the discount is absolute brutal DYOR
Has a holder can't wait to see where it will trade in a few days in USD. Will be tough to keep holding but I'm in no hurry and curious to see first of all where we trade in USD and thereafter where the price will be IF and WHEN a Barda contract does come. AI is very hot, time will tell but should be very interesting although we all know that nothing is guaranteed DYOR
I bought the 1,250,000 and had to pay 0.64. It’s trading at about 4% of NPV! Too cheap but as usual nothing is guaranteed DYOR
Massive news, funded for 2 wells. Had an order in for the placing and only received half of what I wanted, these days companies struggle to raise large amounts and seeing a scale back of that nature on a large raise in my mind confirms that a lot of money is trading the first drill and now we know also a second one. DYOR
Looking at level 2 it looks to me as if there is a lot of buying interest which should see shares going higher today, time will tell DYOR
Great to see another contract win, well done. More to come no doubt.
Can get a quote now at 2.14 to buy. Enough from me. DYOR
Seen on Level 2 plenty of interest on the buy side but less sellers at this level, tried to buy 1 or 2 mio and can't get a quote, which never happened to me before. Let's see but I got a feeling we might be moving up soon based on that. I have a large position but we don't know the result of the flow test so at this stage guessing where this will head longer term is purely a guess. DYOR
Not sure when but new contracts will land, I have a very large position otherwise I would add a few more at this level. In my mind just a waiting game at such low mcap. DYOR
I took part in the IPO and the positives apart from the company specifics are that the IPO was scaled back due to over subscription and that most institutional and non institutional money went into EIS shares, usually held for years to maximise tax benefits, basically little hot short term money which all helps in reducing selling pressure and float DYOR
Great company, I suggest you look at their presentation and clients if you are not familiar DYOR
Personally think that some brokers had clearly orders to sell at 0.14, but we all know that the well results look very good and ahead of best estimates. Think that as soon as 0.14 is cleared we should move higher. From a chart perspective we could go in the 0.3s, clearly there is a gap higher to fill, but a step at a time. Time will tell and DYOR