Berkeley Energia Share Discussion Threads

[miahkaysor] 17/10/2018 12:01

Just bought few ;-)

[outsizeclothes.com] 17/10/2018 11:25

If the reports are correct, it will be interesting to see how the locals react to the news that, in a region with 30+% unemployment, the Govt. is potentially blocking a big future employer.
Have dipped a 25k shares toe here at 13.25p, but it's a coin flip bet at this stage. As I see it a possible 300% upside, 50% downside.

[the deacon] 17/10/2018 11:20

Depends on whether the Omani's continue to support the project. If not, BKY will have what, £5m at best in cash (rough approx). An un-permitted project in an environment that's unlikely to support it... £12-15m mcap at best...? Still huge downside possibilities here.

[fsawatcher] 17/10/2018 11:04

you dont understand how the cash works

jus look at CERP

they fell out with spanish and they been payin millions ever since in redundancie money and lawyer fees and salary and demobilesations and decomms and loads of stuff

and that before any corruptien

if bod's involve they goin to gaol innit

i hope they not involved but this goin to take months and months to get bottom of like share price it go to 8p i fink

[ukgeorge] 17/10/2018 11:00

I'm regretting buying and that is only from this morning :)

On the latest Q3 they have A$100M which is £54.8M or circa 20p per share so at 13p it seems like an opportunity. Permits or no permits.

[babbler] 17/10/2018 10:59

Lots of buying at these levels. What's value without licences?

[babbler] 17/10/2018 10:59

Yup minoan still trading... At 3.5p.

[bipos] 17/10/2018 10:52

I am 80% down on a few thousand shares,if I sell now I'd make a largs % loss but if it's fake news & the company does get the permits eventually the potentially it becoming a ten bagger from today's price. I got no intention of averaging down until news regarding the permits, just regerting I did not sell out earlier.

[rock star] 17/10/2018 10:20

It seems like a Spanish corruption case but will wait and see how it works out. I had shares in a Greek/Crete property share called Minoan. Think it is still quoted. The only reason I got out was I went and had a few drinks with the Cambridge educated owner of the resort a few miles away. He told me of the local political scene..Share price dropped from 90p to in 10p.

The good thing is that corruption is so much easier to trace in recent years.

[fsawatcher] 17/10/2018 10:17

this now a £10m stock without mine goin ahead

[fsawatcher] 17/10/2018 10:16

they dont ave £54m in cash

I fink you be surpise wot they ave left

liabilities liabilities liar laiar lair billy ties

jus read the last report pro pa ly

[paleje] 17/10/2018 09:56

PA's language very cautious, says 'no *official* notices received'. Why use that word when any notices from government are official, what *unofficial* notices have they had then?

I don't hold, on watchlist as nuclear has to be a winner imo. Lived in Spain for 3 years it was and still is rotten with corruption, GLA.

[ukgeorge] 17/10/2018 09:55

just bought 30k @ 14.375p

I'm sure in a week I will be kicking myself for not buying tons more.

[ukgeorge] 17/10/2018 09:51

Thanks for highlighting that, do they have any debt?

[rock star] 17/10/2018 09:49

I’m still working out whether to buy! I had a good 10 bagger in Churchill Mining 10 years ago...luckily cashed out. The locals got greedy and then has gone to arbitration. The locals now have charges against them for $1bn.

[alexios1201] 17/10/2018 09:46

#BKYA$100M/ £54M Cash 20.9p equivalentCurrent Mcap £36M at 14p€70M invested in SalamancaWholesale entry

[alexios1201] 17/10/2018 09:46

NEWS RELEASE | 17 OCTOBER 2018 | LSE/BdM/ASX: BKYBerkeley responds to Spanish media reportsBerkeley Energia ("BKY" or "the Company") notes the recent media reports that the Spanish Government is intending to deny the Company the necessary permits to open the Salamanca project.The Company also notes that Spain's Nuclear Safety Council and Energy and Environment Ministry have both declined to comment on the article.The Company has received no official notice in this regard from the Nuclear Safety Council nor any other government department to date.The Company has contacted both the Nuclear Safety Council and the Energy and Environment Ministry seeking immediate clarification of these reports and will make an announcement as soon as a response is received

[tomboyb] 17/10/2018 09:39

Wish u guys the best -

I know nothing of BKY so was a quick PUNT and that was it -

Hope it works out -

[rock star] 17/10/2018 09:35

I’m more interested in the here and now. It is a cash shell. If what you read from the press they need to make sure they protect the Salamanca asset from any dodgy political related motives for the future and then buy into new assets.

[tomboyb] 17/10/2018 09:32

out -

Breakeven -

[fsawatcher] 17/10/2018 09:22

i very smart clown thous innit

i rather be a clown than a smart rse that got losses spilling down his neck like kid in summer hot day with icecream

that you problem

you dont listen to the clowns

clowns very smart but jus coz wear face paint and mess around you fink they stoopid

more fools yous