Beacon Energy Share Discussion Threads

[reidy66] 27/12/2023 16:09

Pushing up boys

[vatnabrekk] 22/12/2023 12:13

Seems not.
I hope this one doesn't go the same route as its predecessor!

[cal57] 22/12/2023 11:21

No Santa rally here for us then.

[haff1] 22/12/2023 11:07

This has turned out to be such a disappointment.....

[hms687] 21/12/2023 11:48

Beacon Energy plc

("Beacon Energy" or the "Company")



Result of AGM



Beacon Energy plc (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"), is pleased to announce that at the Company's Annual General Meeting held earlier today, all resolutions were duly passed.



For further information, please visit hxxps://beaconenergyplc.com/ or the following:

[apotheki] 18/12/2023 13:40

Dutch hedge fund takes a declarable stake!

[haff1] 18/12/2023 11:52

This is now badly undervalued. I wish I could be entering now!

[haff1] 15/12/2023 11:44

It's a long way back from here?

[bri15] 14/12/2023 14:33

Sorry they paid 0.09, thought i better do it correctly.

[bri15] 14/12/2023 14:31

Well SOS100 someone just bought 25 million and paid a premium of 9.00, couple more like that and we will have TR1,that would certainly help the share price

[sos100] 14/12/2023 13:22

I must be mad but i've added a few....you never know if they get things sorted, a return to 0.18 by Jan2024???

[spacegazer] 14/12/2023 12:40

Well.....comments that well is commercial and revenue exceeds operating costs gets my attention......Things re production will get better.....Happy to let them get on with it.....Drop, as per heavily overdone, but that's the fickle market and over zealous mm's.....

[likeawalrus] 14/12/2023 10:12

the oil is there they just need more time and intervention and it will flow - my guess is the share price will be much higher in 6 to 9 months.

[vatnabrekk] 14/12/2023 09:53

Should have sold at 0.25, but hey, that's hindsight!

[bloodhair] 14/12/2023 09:37

Another share to add to my bottom drawer....sadly its getting pretty full in there lol

[bloodhair] 14/12/2023 09:23

Pretty stupid if you want to know ?

[haff1] 14/12/2023 09:14

Someone sold 47million shares at a loss!

[lageraemia] 14/12/2023 09:09

Sounds like Wressle before the proppant Squeeze.

The produced oil only has a short bus ride to the refinery too.....

[haff1] 14/12/2023 08:52

Over kill on the drop again. Wonder what those buying in at the placement of 15p are thinking now?

[atino] 14/12/2023 08:32

- 40 barrels of oil per day ("bopd"), Hardly worth getting out of bed 🛌 (…900 bopd was previously spouted!)

- …wellbore has been invaded with drilling fluids which are restricting flow rates.

- …well continues to clean-up, albeit currently at a slow rate

- …planned contingency of (an additional) well stimulation of €500k to be incurred ???


WHO SAYS THIS WAS A GREAT RNS ??? 🤦‍a94;️🤦‍♂ᥧ9;🤦‍♂️

[atino] 14/12/2023 08:26

Yep…the Curry Paste effect ! 😉🤦‍♂️🤦‍a94;️

[luckyabbeygale] 14/12/2023 07:57

Lucky I never bought on margin. Therefore I can ride this one out and sell something to average down for the bounce.

[eggbird] 14/12/2023 07:49

I find the news okay. The fact they are funded for the work required and profit making already before the anticipated increase in BOPD is encouraging!