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Must be a full-time job for someone, trying to erase history or create the sense that someone this company is producing oil in the millions of barrels and is on the cusp of some turnaround story.
Sadly, the truth couldn't be any further from that fantasy.
...I went back to check, to make sure, but my last posts have all been absorbed by the Borg :-)
DOH! Sorry, mate
...you missed the tongue in my cheek John!
Willec you are deluded my friend. No one believes your bull**** anymore or that of any one else who posts favourable comments about the management of this company. Just look at the share price on your laptop if you don't believe me. This share is virtually worthless. They have one oil drill and its dripping oil. Smell the coffee my friend. You have been duped as we all have. WE HAVE LOST OUR MONEY. The worst thing you can do is post favourable comments as you can temp new vulnerable people to part with their hard-earned money on this ponzi scheme. Uliel, Potter and Koot and the Chairman should be banned from being company directors in my opinion. All of the above comments are from an investor who is down 95% and in my honest opinion. Do your own research but it wont take long just look at the share charts !. GG
thought you were topping up now, Druid?
Zag, he has undoubtedly been released with permission and a mission, I wonder what that could be....?
You are beginning utterly ridiculous. Eytan stated no more placings and anyway I, like you, can not know that information. Stop trolling and just post on shares you own ZagEgypt
Willec
You seem to be pushing very hard at the moment which can only mean another placing is Imminent
For all the trolls:
https://www.londonstockexchange.com/news-article/CEG/annual-report-and-financial-statements/15149254
If any of you are intellegent enough to read which I doubt - this looks very promising together with the news for the Bahamas today.
'Clowns couldn't even get to total depth'
What a joke - yeah 'clowns' decided to save money - they got to TD in Saffron 2 didn't they and guess what the 'clowns' did - oh yeah find commerical oil which is being sold immediately.
So the so called 'Clowns' are generating profit for the company after agreeing favourable terms in Trinidad and producing commerical oil in 5 fields
Clowns couldn’t even get to total depth!
FFS There only drilled one well, found hydrocarbons just not enough for commerical value so we know it is down there. How big is the acreage? Big enough for more drills to find oil - you need to be sensible.
Willec you really have given me a laugh tonight! There’s oil down there they just need to find it”… you should do stand up, seriously
Seriously, what age are you lot uses your common sense profit increasing every day which is the most important thing here. Steady growth of the company.
How is that going to happen if the stated aim is to maintain 400-500 bopd production?
Eytan has previously status he wants to see share price growth
Once the directors have had their wedge, I doubt whether the change would be enough to service your debts.
It has been hard work, and there have been ups and downs - all the more so given the ongoing effects of Covid-19 in Trinidad, and in particular the extreme difficulty of getting into the country. But we are now beginning to see the fruits of our labour. Notably, we have stemmed the rate of production decline in the producing fields, and have been successful in a core objective of maintaining baseline production in the range of 400 - 450 barrels of oil per day. A rising oil price environment, coupled with cost savings measures we have put in place, means that we have now been able to reach a point where the operations in Trinidad & Tobago are largely self-funding. In 2022, we expect to be able to continue along this trajectory, and generate $2 million or more of positive operating cashflow from our existing production operations. This would represent a fairly significant "turnaround" in a relatively short period of time, and is an achievement for which our team in Trinidad should be rightfully proud.