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lol Ross.........
you were infatuated with our "Koots" eyes when you allegedly held a long position here if I remember correctly, staring down NR...........!
All the best (now you have him down as some sort of hypnotist :()
LGO-fan
Only about the Q2 update and various other issues related to CERP! In any event, from what CaptainSwag is saying about LK’s video (“look into my eyes, look into my eyes, the eyes, the eyes, not around the eyes, don't look around my eyes, look into my eyes, you're under”), it seems that I won’t be proved right until the interims, by which time other things should be happening that will pull focus from the figures.
I'm chilled baby......... :)
FWIW, Ross's agenda here is to make money, but at the expense of genuine investors...........!
All the best (Just sayin :)
Hey guys. Im invested here and i gave my opinion on what i think will happen. Im not into deramping a stock im in. i like to focus on the facts and what i think will happen.i have no agenda here apart from making money. So chill.
rossannan - i took from the long video that there would be no more quarterly updates - RNS would be released along the journey. he did say a series of RNS before acquistion and a series before exploration drill. Though i would rather see meaningful RNS than they just being released for the sake of it and to prop up the SP. he said that Income in Q2 was expected to be the same as previous quarter.
So I think you will be denied your opportunity.
Whilst the predictability of RNS has offered trading opportunities - i think it is the slowness of any meaningful action that keeps dropping the SP. production rates have not been in align with the under promise over deliver motto. South America and exploration seems to have taken longer than expected. The gloss has certainly been rubbed off koot.
My guess is that South America will be announced mid-late August...so I can see the SP drop down with stagnation before a rise in anticipation and hopefully a great deal to uplift the SP. So there should be one or two more trading opportunities for anyone interested.
Unfortunately a lot of the initial momentum seems to have been lost with CERP - lets hope a good deal and drill results will kick start it again
So you proclaim to be right? Never came across a man who claimed to be all knowing and right. Usually balance is required for that.
LGO-fan
It is not about being positive or negative, it is about being right. It looks as if LK is going to rob me of my chance to be right about the Q2 update:
“Q2 Predictions
08 Jun 2019 01:04
I guess that with not much more than one month to go before the Q2 update it is time for Q2 average production and end Q2 cash balance predictions. I reckon we could see something like a 550bopd average and a cash balance around the $1.5M mark...”.
LGO-fan
I would argue that the SWP story has changed for the worse and now looks more like Bonasse infill drilling than potentially transformational exploration. However LK chooses to present it, it looks to me as if this arguably watered down approach has been entirely dictated by CERP’s diminishing cash pile.
I would like to add, I am never completely negative or completely positive about CERP. Unlike some....
SWP. Always been here for what was called Cedros at the time. My healthy scepticism remains, but first phase of the SWP looked really interesting. It’s a first step, much more to come, but a precise and clear one nonetheless. It took longer than I hoped for, but now I saw the first step I am happy I had to wait.
LGO-fan
What happened to the healthy scepticism that you were exhibiting after the Q1 update? What has changed for the better here? Beware of the siren call of Leo Koot’s “medias”. There is a reason why he always ends them with the phrase “3, 2, 1, you’re back in the room.”
He spoke about this and said it is an individual choice, but he indicated he will definitely buy shares as soon as he was allowed. I do expect the other members to follow the example.
Hedgecutter
Have you anything more specific to say about CERP than being “sure happy days will be here sooner than later”? That may be a more rigorous analysis than VSA has to offer, but they have set the bar pretty low...
Our "Koot" and his posse..............!
All the best (best save some for 'em then :)
LK and team are fully committed to the cause and I would expect that all members of the team will be buying additional shares at their first available opportunity :)
Looks like the SP is ramping up before the 1st Drill in a few weeks time, and LK will be buying some as soon as the closed period ends, always puts a focus on a company when that happens, roll on 10p in the next month or so, wonder when Dross will disappear? maybe give up when we hit the magical 26p, not long now!
Morning ross congratulations on being first on parade again. Thanks for your advice. However, I am sure happy days will be here sooner than later. Relax and try being happy. That's my simple advice to you. I owe you that for all your heartfelt well meaning concern.
Mrnaddy100
But not if he dodges it entirely (although, as I said, the info. will eventually emerge via the interims). Such a move would not just fly in the face of everything he has said about transparency etc. but would also be quite manipulative. He does have form - last year he dodged an update that would have highlighted the extent of CERP’s cash burn by choosing to consolidate the quarterly figures with Steeldrum and not give separate figures for the original pre-Steeldrum business, which he could easily have done. The way in which he seems to be manipulating information is one of the ways in which he is beginning to remind me of Neil Ritson.
No thoughts on the SA M&A then Mrnaddy...........?
:()
All the best (AIMOC............ :)
I believe q2 result will be quite bad if he's dodging it this much. I believe the price is going to dip a little bit due to Q2 results but then after that we should see a steady Rise going into the swp drill. All in my opinion of course.