The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Every Wednesday we get a webinar Q&A, member pitch and market update etc.
Lots of resources on the website and don't forget to join the discord group. Just ask Justin and he will forward you the join request. There are lots of master investors there with whom you can share ideas or even learn from.
GL :)
www.sharepickers.com
Hi neon
Have you got a link
Bamps21
Will do mate, thanks! Also join JW's club if u can, the whole gang is there. It has become like a think tank for small caps, I'm sure you will enjoy it a lot.
GL
Hi Neon
I’ve sold nearly all my oil shares just a few duff ones left Sound and Ukog both pumped up.
Really happy in gold shares, just about to do my 4th audio podcast, check out Ggphelp website they’re on there. If you can take my slow West Country twang :))
As far as Saffron goes it could be a big field I just hope the pressures hold up, there is a Royalty payment after the third deep drill from memory to the Singh estates
Bamps21
Nice to hear from you bamps! I remember reading and appreciating your analysis on SWP, shame we couldn't see the "string of pearls" development by LK! I traded IKA successfully before the fund raise so earned some money out of it. Lost my interest and faith in O&G, focusing on esports (GFIN), med tech (POLX) under ISA long term and trading other stocks. Joined JW's club few months ago and understanding the market a bit more.
Hi Neon
Hope you are keeping well.
Are you still in then I thought you followed me to IKA, I sold all my Cerp shares last Summer before the merger best thing I ever did. I’ve bought a few CEG back not very many just to see how Saffron goes.
I’m waiting for the depletion figures of when the pressures drop.
The SWP assets always drew me here, the rest of CEG assets is going to be a hard slog.
In the Cerp presentation they gave us a breakdown of the assets @ $60 / barrel
Bonasse = $50 gross revenue after taxes and royalties
Icacos = $40 gross revenue
Rest = $30 gross revenue
I said before the merger there was no way Innis Trinity could pay for 2 companies to make profit there.
The rest will always struggle with pressure depletion.
Stick to Saffron to get some cash in but the pressures are likely to drop off and pumps required and waterflood eventually so more capex.
I won’t be putting anymore in, lost loads from selling out but luckily regained it all
Good luck
Neon
No fear a life lesson learnt from being here, the pain not so much to the monies I lost, (56 grand )that is slowly on its way back fingers crossed. Like a trip to the Dentist you keep putting it off, but beginning of July my misery was over and my last shares sold. The wife on my encouragement bought 1 mill pre P1 = 100,000 now days and refuses to sell, so about 18 grand down (she actually turned my dinner off Friday night when I told her about the BOD bonus schemes ), People may say that the few people that air their views on here has little but none effect to the movement of SP, but I for one can say it was coming on here back in March 2020 that got me to invest. Anyway 15 months on Lessons learnt from being here, the BOD are in 1 word scum, the company in the way it has treated its shareholders disgusting the rampers should be ashamed. Different outlook to AIM now I have 20 grand sat in my account spare, if this pile of c==p has any tendency to move north I will be in and back out like a yo-yo . Trust is a thing of the past
Yet to meet anybody who has made any real money trading bpc and ceg...
Of course that doesn't apply to the dealings of the institutional investors..
Srdoddy
A long time ago Leo Koot had an interview with Donald Leggatt when he newly started said, "AIM CEO's always a have a gun pointed to them so they always have to come up with a good story to sell to it's shareholders. CERP always was and still is resource rich but cash constraint" , the clip is probably still out there on youtube. He had my full respect back then but what I failed to see that he was actually talking about his newly formed CERP but sold it nicely to us shareholders and we believed it all. He had good intensions initially but failed miserably so eventually did a runner even after saying he won't run away. I personally don't think this new CEO is as qualified as Leo Koot but I'm he sure you will try the same while earning big bucks behind the scene.
The point is LGO>CERP>BPC>CEG always been a pop and drop oil stock. You have to trade it accordingly to make some money. otherwise you losses will keep going up and up. I wish I had the courage to cut my losses early as I suck in trading stocks but because most of us became passionate and fell in love with the company, we missed the obvious warning signs.
Regardless I wish you all the best.
GL
Mmm not happy about over half a million pounds being immediately granted. Still need to retain staff but bad timing on this one.
The 1000 bopd prize I can support as ceg should be able to be profitable from this.
The 6p or so one over 10 days seems too short but hey, 6p better than 2p. This one makes me think that there will be a ri if we get over 6p.
The BOD need to clean out the LTH’s. They need fresh money and cash cows if they are going to break the 3.5 wall
Thanks fellas for your money over the years but if you could just move along and let us start the cycle again . People buying now will think it’s great with results next week with talk of funding and BOD options at 4.5 Like us you try getting there, AIM is gambling but this one the BOD are dealing a deck with the face cards removed. No need for deramping on here The BOD doing a great job on their own
Been watching this BB for some time now. Interesting reading. Never posted before but this RNS has inspired, well frankly disgusted me. Massively underwater like a few others, blame no-one but myself. My question though is does anyone know how many employees (ballpark) CEG has ? There are 12 BoD/senior mgmt members according https://www.cegplc.com/about/ (Eytan counted twice) Was curious how many staff they were "leading" (sic) to try and justify such a bonus scheme ?
Reading "Why Invest in Challenger Energy?" on the same site made me smile though.
Any feedback appreciated. GLA.
you couldn`t make this up nothing like a kick in the teeth for shareholders,these people have truely just showed how little they care about the shareholders and only care about thereselves,still the way it`s going the shares will be worth nothing anyway.