Beacon Energy Share Discussion Threads

[riskyinvestor] 14/9/2023 13:26

Where is the news on CLON

Goldennuggget87

[goldennuggets87] 14/9/2023 13:10

They need cash for the pump. Placing inbound it's that simple. Not hard to work out by price action.

[firestarter1] 14/9/2023 12:54

0.1 p buy again

[karina] 14/9/2023 09:08

this week !?

[robwalsh25] 13/9/2023 13:40

Back to 0.25 this week

[apotheki] 13/9/2023 10:00

Brent oil strong again this morning. Could potentially be headed to over USD$100

[apotheki] 13/9/2023 09:51

Yes agree haff1 but some consolidation of the share price around +/- 0.20 is no bad thing in the short term

[haff1] 13/9/2023 09:42

On another day these excess buys over sales would see a jump up...

[apotheki] 13/9/2023 08:25

Down but now up - early doors of course but nice start to the days trading

[apotheki] 12/9/2023 17:00

Looks very much like a p*ss take!!!!

[karina] 12/9/2023 16:57

Premium placings do happen, but on this occasion I too would have to call BS and very much hope tohave to apologise !

[robwalsh25] 12/9/2023 16:20

Rumors that a placing was secured last week at 0.27!!!!

[apotheki] 12/9/2023 15:50

Brent crude oil hits $92 for first time this year – latest updates - Daily Telegraph

www.telegraph.co.uk

Oil prices have hit $92 a barrel for the first time since November last year after Saudi Arabia and Russia cut global supplies.

Brent crude, the international benchmark, has risen by 1.4pc today, having climbed since the end of June after mostly falling for a year.

It comes after Saudi Arabia announced an extension to unilateral cuts to production until the end of the year in an attempt to prop up global prices, with Russia following suit with cuts to exports.

Data published by the Opec cartel of oil-producing nations showed the scale of the looming oil supply crunch, with a potential shortfall of more than 3 million barrels a day — the biggest in more than a decade.

[apotheki] 12/9/2023 14:20

In terms of valuation implications, at 900 bopd, Beacon expects monthly operating cash flow of over US$1.5m per month at US$80/bbl Brent prices – equivalent to almost US$20m per annum.



X c15% = almost another USD$3m per annum



TOTAL = almost USD$23m per annum

[apotheki] 12/9/2023 14:18

Ooh and by the way Brent Oil is currently trading at around USD$91.5

[apotheki] 12/9/2023 14:16

Yes exactly as stated earlier project finance has got to be a strong contender @ BCE

[hang ten] 12/9/2023 12:48

Not suggesting in any way needed BUT Should funding be required the last thing anyone would want to do is dilute their position management included ! as the upside is massive! loan facility would be by far the cheapest option and BCE will have absolutely no problem raising funds on the back of the tremendous success of a 900 + barrel discovery - imo

[robwalsh25] 12/9/2023 12:44

Will be producing $18m a year from this well as of next month, load up folks!!!!!!

[jungmana] 12/9/2023 12:34

Imo fund raise coming. At what price is the big question ?

[robwalsh25] 12/9/2023 12:10

Firestarter is johnjames the prolific troll who also sends people ignorant private messages. Ignore the prat. Bought another few mill today

[rovi70] 12/9/2023 11:30

On trades more blue than red

[apotheki] 12/9/2023 11:30

You might have a point there but who really knows?

It is all opinions....

[hms687] 12/9/2023 11:29

Apotheki: I reckon this would’ve been mentioned in the last RNS if required

[karina] 12/9/2023 11:28

Because ?

The SCHB2(2.) well has been a challenging well from an operational perspective, with hole stability issues encountered in the initial and sidetracked hole sections,

A comprehensive review of the drilling and completion operations and the technical challenges encountered will be undertaken so that lessons learned are incorporated into an updated field development plan.