Beacon Energy Share Discussion Threads

[scepticalinvestor] 15/9/2023 16:14

Congrats to the placees who managed to dump their stock by the millions.Nice little 10% gain, what!

[karina] 15/9/2023 15:02

All to help the placees get theirs away with a 10% margin. Whilst the rest of us take the pain....

[rovi70] 15/9/2023 14:22

Buying trades going through as sales again should be blue not red.

[haff1] 15/9/2023 14:00

Some big buys going through....

[apotheki] 15/9/2023 11:47

Apotheki 13 Sep '23 - 07:22 - 913 of 952

Agree with regards to LSE:HEI so bought quite a few more HE1 yesterday morning at 6.10p

Still quite a lot of churn from the placement but should be clear by the end of the week if the volume of buying continues and then whoosh with in my view a potential move up to 25p+



Posted the above on the HE1 thread on Wednesday post the HE1 placing but boy was I wrong not on my share purchase but on the amount of time required to deal with the churn from the placing. So the moral of the story is if you can buy in the 0.16's here at BCE then as with HE1 the shares will no doubt after this period of consolidation be trading back in the 20's prior to the next big move up which is likely to be much more news focused.

[karina] 15/9/2023 08:58

Lot of placing shares to churn though Lets be fair

[robwalsh25] 15/9/2023 08:38

Plenty of buying down here….

[apotheki] 15/9/2023 07:25

Clearly if the actual flow test comes in even higher....

[apotheki] 15/9/2023 07:21

Actually 900 bopd at current Brent Oil prices would give them closer to USD$24m pa net cash flow

[sos100] 15/9/2023 07:12

why did they do placing now (and big discount to 0.27 high) if there going to make so much money per month?

will bounce again at some point but kick in the balls for long term holders

[karina] 15/9/2023 07:03

900 bopd WOULD give them $18m until then is a speculative investment imho

[czar] 15/9/2023 06:57

How do you value this Company, 900 bopd gives them $18m pa net cash flow, so what is the business worth?

[apotheki] 15/9/2023 06:50

Brent Oil now trading just shy of USD$94

[apotheki] 15/9/2023 06:46

Larry Bottomley, CEO of Beacon Energy, commented:

"We are delighted to have received such strong support in this process from both existing and new investors. The Fundraise was significantly oversubscribed, bringing a number of new high quality institutional investors onto the shareholder register - a testament to the quality of the Company's asset base and the scope for material value creation. The fundraise provides welcome additional working capital to support bringing the SCHB-2(2.) well into commercial production. We would like to thank our new and existing investors for their support and look forward to providing further updates on our operational progress in due course."

[supercity] 15/9/2023 06:25

Another heavily ramped share by one certain poster on twitter and another fund raise.Rinse repeat.

[scepticalinvestor] 14/9/2023 20:30

Brent at $93 is great but does Beacon actually have any oil to sell in the first place?

[aberloon2] 14/9/2023 19:40

and this share price will be trading south of .18 tomorrow...is it a buy at .15?...

[robwalsh25] 14/9/2023 19:11

Buying more tomorrow, u trolls can keep on trolling

[haff1] 14/9/2023 18:59

Yes, we private investors have been effectively shafted behind the scenes...as is so often the case. ...

[scepticalinvestor] 14/9/2023 18:19

Another bargepole AIM oiler. Feel for the poor sods buying this junk.

[neo26] 14/9/2023 18:03

And there it is placing. Mkt cap will be over 20m.This is just another aaog i bet next they say its a blockage.

[dominoman] 14/9/2023 17:47

Dipped in and bought on Primary Bid. Now I'd better read a bit more and see if this is one to hold. Or sell on a bounce

[greypanther2] 14/9/2023 17:33

Placing your a*se HMS687? whatever next??