The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Thanks Thebhoys, I have put it on my list. At a quick glance, looks very promising medium/long term. Looks like they know how to build a portfolio! Sadly my trading pot has taken a hammering (I wonder where :) ) so it may just be little bits and pieces!!! Thanks again, good luck.
...and Willec, I meant they have run at a loss consistently, prior to Saffron, on this stated production!
But if you want to discuss timing, mergers don't often happen in under six months, take-overs do however!
So how quickly do you think Leo Koot put this 'merger' together and got it executed?.....Was he planning said merger carefully before Saffron, during Saffron, right after Saffron? No word to us? Was he planning for a contingency as the caring CEO (AHTPP)? Or was it So he and Potter had a mutual and personal stake in the merger....my parachute for your lifeboat, which is now relaunched in about it's fifth incarnation!!??
....and so I ask again, what of the LTH's, on both sides at, this time?
Enjoy your evening.
Tuckman totally agree with that post pal.
Do me a favour and look at ZPHR I am not ramping, just giving you the heads up.
The family could do with a company to take up a little of our thoughts.
I think CERP were producing about 350 bpd at 35 dollars a barrel
OK Willec,
Why would you invoke a Fire-sale, strap on the Golden Parachute and jump, only 6 months after 'You find exactly what you were looking for?'
This was said on TV no less, by Leo Koot (AHTPP) , whilst bespattered with oil!
And we all know, the Purple Prince does not lie! Cannot lie! Can he willec?
So why the golden parachute for him, and the big finger for LTH?
This is not typical behavior following a material company changing discovery.
(yes, things certainly changed, ask any LTH)
I think we all know who the `idiot` is on this board. The more it posts IMO the less favorable people will look on the company. Desperate comes to mind. I really hope this this works for those `real` investors still in here but for me I will await the results of the next drill and then if successful, add on the placing they are intending after the drill good/bad result. Traders might make some percentages after the next phase and funding update is delivered but long term real growth may only come when all the financials are cleaned away and all the `horrible history` is put behind. Good luck to genuine investors.
Are you a complete idiot Druid they made the discovery last year and then a few months later merged, so to report loss after loss is totally incorrect due to the time period between discovery and merger being c 6 months
Not 2500 bopd though
Producing Oil Willec...But how come it was not enough to help keep CERP afloat even after Leo Koot (AHTPP) claimed that in Saffron 1, Columbus had found exaclty what it was looking for....yet they post loss after loss and then take a CRUEL golden parachute and sell it all as a life-raft for BPC (execs only) in the anticipated wake of the P1 horror.
So producing oil, made the discovery, and went bust.....how will this young Aussie improve on that then?
Luck for us all the micktrick we are producing oil
$80 x FA is still FA
And since you keep ramping this share to death why don’t you tell us how well it’s worked out for you so far willec or better yet have a look through willecs previous predictions for this share? Coz keep giving all these hopes and waits and promises yet so far all it’s done is tank and that’s without the big placing coming up soon why don’t you talk about all the new shares coming into play willec
"Dead" is the word, but maybe we should check with King Star and see what he thinks, after all this is Kingdom!!!!!
0.035 consolidated will be 3.5 pence so where do you get your working out from ? I put 3.5 notice the decimal point ! So 03.5 pence per share after 04.2 pence if hit oil if not game over and you just paid yet again to lose more money yet again , as no contingency if goes wrong this time round
'0.35 p. Very expensive for this share' got to be joking - thisw is on current production and is dead cheap
The consolidation is 10:1 not 100:1
0.35 p. Very expensive for this share
When SP is in pence: 0.35p
When SP is in pounds: £0.0035 (note the decimal point)
100:1 consolidation
£0.35 or 35p
you can't even get that right it is not a 100:1 consolidation (0.035 x 100) = 3.5
Why don't you just focus on your lessons at primary school, especially mathematics and leave us all alone.
Just to clarify I mean 0.035 now 3.5 after consolidation
4.2 if get the 200 bopd
And game over if it fails
This is all or nothing we hit it we get to carry on rolling the dice we get nothing it’s game over and even if we hit it will still be a long time before we see 10p a share and that’s after consolidation and still be at 50 percent loss so just pray this hits or it’s nothing if it does do alright and continues to we might be able to recoup half our losses
'2500bopd not mentioned' Eytan will be keeping it tight, just see what comes from spud in two weeks.
PATIENCE PEOPLE
Oil could go higher and higher but with limited production it means squat. Now in May and the talk of 2500bpd are still nowhere to be seen
I assume you mean 10p now (£1 post consolidation) - just to clarify
Even at 10 p most of us on a 50 percent loss and one thing I took from all this all this should have been done well before any drill was attempted so was all in place incase of a failure had years to plan and still they went all or nothing , yet you think they would atleast learn from that , but yet again seems saffron is the next all or nothing as have no actual contingency plans yet again if it all does go **** up again so best all prey it does come good as if it doesn’t be sat on a worse loss than we already are having paid a lot more money to get there then there is no next big dream to sell so in my eyes game over if doesn’t come good
If does should keep us ticking over but not expecting a major rise from 200 bopd