Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
BCE is moving up now. It’s so easy to wind up people especially the patriots of a company 🤩🤩😴. Have a good day the selling is nearly done. Let’s hope it’s on the move up now, I am heavily invested like many others but not blindly. It’s very close to XMAS now , have a brilliant and blessed evening 👀✈️🚀😊
What’s wrong with the RNS is that many hypothetical promises were made with “could, would, potentia, update to be provided in November, further update” etc, which have not been kept, and due to the fact that no news have been delivered since November , when the investors were expecting some news , has caused a downturn action in SP. The market makers have responded to not having received since November and big sharks have made use of dropping prices, where as small investors who really wanted some returns have sold out . This is how the Aim Market works. However BCE bid is at fault by stating something to come - an update and messing up the small retailers. It’s no point in defending a company that can’t keep its promises. That’s all to it . All investors have a right to express their opinions and the way they feel the company has treated them. No LTH’s have the right to own the message board!!
RNS in full-
13 Nov 2023 07:00
RNS Number : 2260T
Beacon Energy PLC
13 November 2023
13 November 2023
Beacon Energy plc
("Beacon Energy" or the "Company")
Increase in Company's assessment of Erfelden Best Estimate Reserves to 7.2 mmbbls
Operational Update
Beacon Energy (AIM:BCE), the full-cycle oil and gas company with a portfolio of onshore German assets through its wholly-owned subsidiary, Rhein Petroleum GmbH ("Rhein Petroleum"), announces an increase in the Company's assessment of reserves in the Erfelden field incorporating the results of the recently drilled Schwarzbach-2(2.) ("SCHB-2(2.)") well.
SUMMARY
· As previously announced, the SCHB-2(2.) well encountered a 34-metre gross interval containing 28 metres of oil-bearing net reservoirs in the Pechelbronner-Schichten ("PBS") sandstones within the Stockstadt Mitte segment of the Erfelden field.
· These oil-bearing reservoirs were encountered approximately 25 metres higher and 10 metres thicker than prognosis, with excellent porosities and no water-bearing sands in the Low Case 42m hydrocarbon column.
· In addition, following a revised well-to-seismic tie incorporating the PBS, which was encountered shallower than predicted in the SCHB-2(2.) well, re-mapping of the 3D seismic data indicates that the Stockstadt Mitte-1 well ("STKM-1") drilled by Exxon in 1986 penetrated the Meletta and Upper PBS reservoirs in the adjacent Schwarzbach South segment of the field. The Company's view is that the contingent resources associated with this segment should be re-categorised as reserves that are justified for development.
· The re-mapping also shows that there is no clear indication of a material fault offset between the Stockstadt Mitte segment and the adjacent Schwarzbach South segment. Beacon believes that there is a high likelihood that these segments are connected and share a common oil-water contact at 1616mTVDSS, which is supported by the updated mapping, the gas ratios data from the SCHB-2(2.) well, and the pressure data in the Meletta reservoir in the STKM-1 well.
· The Company's updated assessment of potential reserves for these two now proven and likely connected segments of the central part of the Erfelden field are:
Low Case : 4.72 MMbbls
Best Estimate Case: 7.24 MMbbls
High Case : 10.20 MMbbls
These new figures are the result of the thicker and higher quality reservoirs being encountered and the inclusion of reserves in Schwarzbach South.
· The SCHB-2(2.) well has been tied-back to the wholly-owned Schwarzbach Production facility to continue well clean-up operations.
· A rod pump is currently being installed. Commercial production is expected in the second half of November aided by the rod pump which has the capacity deliver up to a maximum rate of 250 barrels of oil per day ("bopd").
· It is expected that once the well is fully cleaned up and production has been sustained for a period, the rod pump will be rep
I think some investors sit with a Rise tinted glasses”; and don’t want to read or hear anything else. Good luck with your waiting and hope it works for you.As I write the bid has gone further down to 0.125. As far as the reading is concerned I have read it all many a times and would have expected an RNsS when we did or fid not achieve 250 bopd , rather than sitting down guessing - if we have and just got the RBS re the AGM- bad communication! That’s all I have to say , won’t be responding again. I am still invested but not happy,!
My experience with BCE has s not a positive one, not trying to de- ramp. The board never keeps to the dates , they are supposed to provide RNS, sits on hand and since I have invested seen it just going down and there have already been two placements since I joined here. So don’t really know what to make of a company that doesn’t adhere to the dates. We should have received updated BOPD, back in November, all I have heard of ie AGM and Directors deals, complete silent on bopd, that in my thinking is “ not caring “ for the investors and mucking about for their own gains. I have already reduced my investment by 75% , of course at a loss, as I can’t trust a WORD, this company says. This is my own experience, not happy at all.If you think that no placements they why is the sp going down by the day!
The app is fantastic, easily downloaded on my iPhone 15 , signed up , shows all categories but does not work properly yet. Tried to add money but keeps on showing the balance as”0”. However looks easy enough to use when it’s ready to use , going to sign out now from the app. Let’s hop it starts working soon! I am an LTH- waiting patiently.
These new figures are the result of the thicker and higher quality reservoirs being encountered and the inclusion of reserves in Schwarzbach South.
· The SCHB-2(2.) well has been tied-back to the wholly-owned Schwarzbach Production facility to continue well clean-up operations.
· A rod pump is currently being installed. Commercial production is expected in the second half of November aided by the rod pump which has the capacity deliver up to a maximum rate of 250 barrels of oil per day ("bopd").
· It is expected that once the well is fully cleaned up and production has been sustained for a period, the rod pump will be replaced with an Electrical Submersible Pump ("ESP") which has higher capacity. As previously announced, based on the excellent reservoir properties and the light oil recovered from the SCHB-2(2.) well, standard oil-industry analysis indicates that an initial
This inclusion of five missions related to quantum might eventually affect QBT
“The inclusion of the five missions' statements in the Chancellor's budget indicates a clear commitment by the UK Government to roll out and expand a broad range of quantum technologies across several sectors. The time to invest in these innovative technologies is now, both from a private and public perspective, if we are to deliver on the very ambitious commitments outlined by the Chancellor's autumn statement and transform the UK into a global leader in quantum."
For more information on the National Quantum Strategy Missions visit: National Quantum Strategy Missions - GOV.UK (www.gov.uk)”
This is the one I possibly misread , it does mention 1 November 2023, didn’t read the last date.
Quantum Blockchain Technologies Plc - New Marketing & Bus Dev Manager
Quantum Blockchain Technologies Plc - New Marketing & Bus Dev Manager
PR Newswire
London, May 26
26 May 2023
Quantum Blockchain Technologies Plc(“QBT” or “the Company”)
New Marketing and Business Development Manager
Quantum Blockchain Technologies plc (AIM: QBT) is pleased to announce the appointment of Mr Vladimir (Vlad) Kusznirczuk as Marketing and Business Development Manager with immediate effect, to address business opportunities with large US and Canadian bitcoin miners and mining rigs manufacturers.
Mr Kusznirczuk, a US citizen based in London, has previously had roles in sales and business development at AT&T, Sprint/T-Mobile and BlackBerry Ltd. He holds a Master’s degree in Business Administration from Rider University and a Bachelor's degree cum laude in Decision Sciences, Statistics and Computers from the same university.
Mr Kusznirczuk’s main focus will be on developing strategic partnerships and joint ventures with large bitcoin mining businesses in the US and Canada and with bitcoin mining rig manufacturers in the US and China.
He will also be in charge of the initial phase of the Company’s recently established renewable energy mining project, which involves a completely new approach to zero carbon footprint bitcoin mining, further details of which will be announced by the Company in due course.
The Company has issued 2,000,000 options over new ordinary shares of 0.25 pence each in the Company (“Options”) to Mr Kusznirczuk as follows:
1,000,000 Options exercisable at 5 pence between 1 November 2023 and 25 May 2025; and 1,000,000 Options exercisable at 10 pence between 1 November 2023 and 25 May 2025.
Francesco Gardin, Chairman and CEO of QBT commented: “The Company’s
Hi Addison and Garwool 1 - thanks for the cut and paste of the options information. However I have been searching for the 350 million options which in my were definitely going to expire at the end of November 2023. It appears that I might have misread the RNs in a rush and not spotted the period from No ember 2023- December 2024. Cheers
From Qbit- if anyone is interested
16 November 2023
Quantum Exponential Group plc
(the 'Company' or 'Quantum Exponential')
Conversion of Advanced Subscription Agreement in Universal Quantum
Quantum Exponential Group plc (AQUIS: QBIT), a company focused on investing in quantum technology, announces the conversion of its £450,000 investment in Universal Quantum Limited ("Universal Quantum" or "UQ") in exchange for the issue of 84 new ordinary shares of 0.01 pence each ("Shares") at a conversion price of 5,319.47 pence per Share. After the round is closed, UQ will do a 1:1,000 share split resulting in a final shareholding of 84,000 Shares.
Following the conversion, the Company will own 84,000 Shares in UQ representing 0.507% of UQ's issued share capital.
Steven Metcalfe, CEO of Quantum Exponential said:
"We invested in Universal Quantum at a very early stage having recognised the potential of buildable quantum computers. We are thrilled that this potential was also recognised by the German Aerospace Centre, which invested a total of ?67 million, to deliver a single-chip and a multi-chip quantum computer consisting of up to 100 qubits. Both machines will utilise the most powerful chip ever developed for a quantum computer. We are delighted to be supportive shareholders in UQ and look forward to following their progress".
This announcement contains information which, prior to its disclosure, was inside information as stipulated under Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended).
The Directors take responsibility for this announcement.