Upstream Share Discussion Threads

[master rsi] 02/4/2024 08:28

UPS

JOG 164p ( 163 v 165p )

Since last week is bouncing back after a large marked-down from 260p. Very undervalued for the exploration done and with cash.

[master rsi] 02/4/2024 08:15

FTSE

Opening higher with 56 points, much the same for the FTSE 250 with 56 points

[apotheki] 02/4/2024 07:25

Beacon Energy plc / LSE:BCE

Board and Management Changes

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 that Larry Bottomley, the Company's Chief Executive Officer ("CEO"), has informed the board of his intention to retire as CEO effective 1 June 2024.

Larry will be replaced as CEO by Stewart MacDonald, the Company's current Chief Financial Officer ("CFO") following a suitable handover that encompasses the upcoming SCHB-2 sidetrack operation. Beacon confirms that the rig mobilisation is on track with the rig due to arrive on location in mid-April with the sidetrack operation scheduled to commence the following week.

Stewart joined Beacon in August 2022 with strong investment banking and listed company CFO experience gained over the last 20 years. Stewart's contribution over the last 18 months since the Company's re-establishment has been pivotal and makes him the natural successor to Larry as CEO.

After a distinguished international career of over 40 years, Larry has been CEO of the Company since January 2022 and was instrumental in re-establishing the Company from AIM listed cash shell, through the reverse takeover of Rhein Petroleum, and on to the drilling of the SCHB-2 well which resulted in a material oil discovery. Following the handover, Larry will transition into the role of Non-executive Director and provide continuing support.

The search for a Chief Operating Officer, to support the technical and operational workstreams within the executive team, will commence shortly.

Mark Rollins, Chairman of the Company, said:

"On behalf of the Board, I would like to thank Larry for his substantial contribution over the past two years. He has played a key role in repositioning the Company. We look forward to continuing to benefit from Larry's deep industry and technical experience in his capacity as a Non-executive Director. I am delighted to confirm Stewart's appointment as Chief Executive Officer. Stewart brings a wealth of financial, capital markets and commercial experience in the energy sector and we look forward to leveraging his experience as we look to deliver our growth strategy."

Commenting on his decision to retire, Larry Bottomley said:

"It has been an eventful couple of years through my tenure as CEO and I'm proud of what we have achieved in terms of establishing Beacon as a company underpinned by an existing production facility, a material proven reserve base, a highly capable operating team and a bright future as the company seeks to realise the significant upside potential of our portfolio. The completion of the impending side-track feels like the appropriate time for me to handover the role of CEO to Stewart who has proved himself as a very capable replacement with a deep understanding of the business and a strong alignment with shareholders. I look forward to continuing to support the Company through my new role as a Non-Executive Director."

[master rsi] 02/4/2024 00:27

GOLD
Keeps rising now $2254 +9

Intraday ---- Gold -------------- Silver ---------------- Copper -----


1 month ----- Gold ---------------- Silver --------------- Copper -----

[master rsi] 01/4/2024 23:59

UPS

ARB 13.50p ( 13 v 14p )

Large volume and rising last Thursday and moving higher on the new trend as the Bitcoin has ben reaching new highs again.
----------------- Intraday ------------------------------------------ 1 month ------------------------------- 1 year -------------------
INDICATORS

[master rsi] 01/4/2024 23:40

                        April Fool's Day - Mon, 1 Apr
      

[master rsi] 01/4/2024 22:50

UPS

EEE 7p ( 6.80 v 7.20p

Last Thursday's strong rally UP had changed the trend down lately with volume buying taking over, since positive signals are showing on the Indicators and the company has been busy with the drilling and positive results all the time.
--------------- Intraday ----------------------------------- 2 months --------------------------------------- 1 year ---------------
INDICATORS

[master rsi] 01/4/2024 22:38

EEE 7p
One day’s trading last Friday was positive, as is alwell the Candlestick pattern, Anything over 7p will be bullish and change the trend once again.

[master rsi] 01/4/2024 21:48

DOW

Finished 240 points lower

[hazl] 01/4/2024 09:12

A useful thread thank you.

[master rsi] 01/4/2024 00:32

BITCOIN/ BTC $71.089 +1.441

All day steady rise and moving again above $71K

[master rsi] 01/4/2024 00:26

Next month UPS for APRIL Click ....

....

[master rsi] 31/3/2024 23:58

FINAL performing shares ( UPS ) during March


Share
Mid
Highest
% Change
Rank


EEE
8,75
10.60
21.14
1


ARB
17.00
19.25
13.24
2


BOOM
250.00
272.50
10.60
3


HE1
2.075
2.200
6.02
4


OPTI
28.00
29.00
3.57
5


SALT
90.00
93.00
3.33
6


RGL
21.65
21.65
0.00
7

[master rsi] 31/3/2024 23:47

SUNDAY'S PAPERS

Share tips, comment and bids

Mail on Sunday (Midas share tips): BUY Shanta Gold.

Mail on Sunday (Midas share tips): BUY Schroder Real Estate Investment Trust.

Mail on Sunday (Midas share tips update): BUY Michelmersh.

The Sunday Times (Share tip): Airport caterer SSP is set for take-off.

The Sunday Times (Comment): Time is running out for Thames Water’s CEO. What are his options?

The Sunday Times (Comment): How did a small developer of graphics cards for gamers suddenly become the third most valuable firm on the planet?

The Sunday Telegraph (Comment): Macron loses his touch as the ‘Mozart of finance’.

The Sunday Telegraph (Comment): How Lidl’s breakneck expansion came to a juddering halt.

The Sunday Times (Comment): How Cadbury’s re-conquered the corner shop.

The Sunday Times (Comment): From cesspit to stock market: the strange rebirth of Reddit.

[master rsi] 31/3/2024 23:30

SUNDAY'S PAPERS

Business and economics

The Observer: Disney’s Parisian theme park complex has delivered a welcome boost to the embattled Hollywood giant, generating $343.4m in profits and royalties despite a wave of strikes last summer.

Mail on Sunday: Boodles saw sales rise by 13% to more than £100m as customers splashed out on expensive watches and designer jewellery.

The Sunday Times: The Sports Direct owner Frasers Group has appointed a director to its board who is in a relationship with the youngest daughter of its founder Mike Ashley.

The Observer: The attorney general of Missouri is suing Media Matters, a progressive watchdog group, alleging that it failed to turn over internal documents following its 2023 coverage of hate speech on the social media platform X.

The Sunday Times: Patrick Mahony, the former London banker, faces trial at Switzerland’s Federal Criminal Court this week on charges of aggravated money laundering, fraud, corruption and forgery connected to the global 1MDB corruption scandal around Malaysia’s sovereign wealth fund.

The Sunday Times: Eight people involved in the London Capital & Finance investment scandal have reached financial settlements with the creditors, including a former Conservative minister.

[master rsi] 31/3/2024 23:10

SUNDAY'S PAPERS

Top stories

The Sunday Times: Britain’s biggest investment trust has declared it will resist a push from the activist investor Elliott to sell its prized stakes in the privately owned SpaceX and ByteDance, the owner of TikTok.

The Sunday Telegraph: Post Office bosses have been hit with a string of formal complaints over their conduct with nine grievances raised about executives under the leadership of chief executive Nick Read.