The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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"To take point, walk point, be on point, or be a point man is to assume the first and most exposed position in a combat military formation, that is, the leading soldier or unit advancing through hostile or unsecured territory"
ermmm......... nope.......!
All the best (although plenty here will take a step back for you.............. :()
Lovely Irene............!
an once again.......... you completely miss the point........ :()
All the best (how am I ever surprised ;)
Hey Bamps................ good to hear.......... :)
perhaps I'm missing a poem or so.............!
All the best (send him my warmest :)
Hi Chesh
As far as I know he is, sent me a line the other day so must be ok.
Soz for the double post............!
LSE glitchin' again .............. :(
All the best (I did see a post mentioning Peter............! is he alright?........... Bamps :)
Hi Syed,
Each year you can invest up to the maximum amount set by the Chancellor in the budget into one or multiple ISA's, the maximum amount currently being £20,000. The tax year is 6 April to 5 April and the deadline for adding money is midnight 5 April. On the 6th of April, whatever you have in your ISA for the previous year stays there but you can now add in up to another £20k. Any allowance for the previous year is closed (i.e. if you only put in £10 you can't add an extra £10k to this year's allowance and make it £30k). Everything you add in stays there, hopefully you'll get great returns (especially if you have invested here at this low price and are prepared to wait IMHO), so when you eventually cash out it's a nice tax free sum.
If you have invested here Peter keeps a list of all the investors if you want to share.
Hope all you ltrs are well and bearing up!
LLL has a real bitterness for this company, probably got the sack by NR for being negative.
If you look at his posting history 41 out of 42 posts are negative posts on Cerp in the last month
Oh you gurls............ :)
LLL........ isn't that pretty standard for borrowing.........? and OMG...... Leo resides in Portugal still.......... The way (why?) you write seems to state that the collateral (required by all lenders) has been handed over already...........! It hasn't...... any accountants out there...........? An then to compare the BNPP Paribas deal, and the Ritson era tells of your desperation/bitterness.............. IMO......
Irene (my fav), Perhaps our Tone should've seen Covid-19 and the POO drop coming, and held off the Suriname deal till now........... :(). Just imagine trying to do that deal when peeps can't even get a grocery delivery slot from Asda's.............! and then with a crystal ball, rearrange the deal til everything blows over, without letting on of his time travelling super powers to take the same deal with better terms............!
“Minimum Work Obligation for Phase 1 (3 years) consists of G&G studies and 2 Extended Well Tests (“EWT”) • 1H 2020: focus on G&G studies and EWT planning • EWT budget circa US$500,000 • EWT decision Q3 2020 (post Saffron and CO2 results) “ Just for you.........:)
All the best (LLL........ 8.33% up and you post that.........? simply a coincidence..........? :()
Syedmshah1234............!
It's an account, and it will not reset on the start of the new tax year.............!
All the best (hope that helps........... :()
Oh you gurls............ :)
LLL........ isn't that pretty standard for borrowing.........? and OMG...... Leo resides in Portugal still.......... The way (why?) you write seems to state that the collateral (required by all lenders) has been handed over already...........! It hasn't...... any accountants out there...........? An then to compare the BNPP Paribas deal, and the Ritson era tells of your desperation/bitterness.............. IMO......
Irene (my fav), Perhaps our Tone should've seen Covid-19 and the POO drop coming, and held off the Suriname deal till now........... :(). Just imagine trying to do that deal when peeps can't even get a grocery delivery slot from Asda's.............! and then with a crystal ball, rearrange the deal til everything blows over, without letting on of his time travelling super powers to take the same deal with better terms............!
“Minimum Work Obligation for Phase 1 (3 years) consists of G&G studies and 2 Extended Well Tests (“EWT”) • 1H 2020: focus on G&G studies and EWT planning • EWT budget circa US$500,000 • EWT decision Q3 2020 (post Saffron and CO2 results) “ Just for you.........:)
All the best (LLL 8.33% up and you post that.......... Simply a coincidence?......... :()
Hi there, I'm new to this buying stocks and shares but I would like some advice if possible please.
I have a stocks and shares ISA account I opened a few days ago. Do I lose all the money I have deposited into this account when the new tax year starts? (Today 06/04/2020).
Please accept my apologise if Ive posted in the wrong thread or if it sounds like a stupid question but I could do with some advice.
Thanks,
Good time for the new Isa period Mr Magoo? If only HL could get their act together then yes it would be good. Can't do anything with bed and isas at the moment.
On 8th November 2019 Columbus signed over all of the company's assets and undertakings by way of a fixed charge, floating charge and negative pledge as security for the Convertible Security Funding Agreement, which Columbus has subsequently drawn down on by way of Tranche 1 and Tranche 2.
The relevant charge document is 40 pages long and can be viewed on the Companies House website.
I believe that the situation arising from signing this debenture imposes significant restrictions on the ability of the company to function independently. In my opinion Lind are effectively in the driving seat, much as BNPP Paribas were in the final Ritson days, when restrictions were put on cash that effectively crippled LGO from doing anything but the bare minimum, simply to survive and repay the ill fated oil swap deal.
Is history repeating itself and are CERP in dire straits financially? Perhaps Lind are hesitant about authorising CERP to make a long term Goudron commitment if there is uncertainty about the viability of the business.
Just my thoughts, trying to work out what's going on behind the scenes. A detailed update from the BoD would be very useful but I can't see it happening. Deferring a decision on Goudron to the end ofJune is in line with the latest date that CERP must file accounts at Companies House. Simply a coincidence?
I'm not surprised by this new extension with all that's going on lately.
I would have thought Heritage would be having trouble negotiating with the government to finalise any deal.
If they change the IPSC terms for Cerp then all the others will need to be looked at.
Agree with LGO that the Bod are light years from shareholders they're lucky they have any left.
Very poor at communicating anything
I think the answer to the delay is simple, it was forgotten that the agreement was expiring!!
guys, have a look at TLW, experiencing a proper short squeeze!
My guess would be Heritage have initiated the delay over concerns that Columbus are insufficiently capitalised right now to enter into a long term production agreement but have granted this 3 month extension to allow them the chance to re-capitalise to an acceptable level. An oil price >$40 asap would go a long way in helping them succeed here.
Anyway, coming back to the RNS, our new CEO has a fine track record of good deals so hopefully this structural issue we have with Goudron because of the current contract, will be solved.
There is CV crisis going, which surely must be slowing these negotiations down. Don’t believe the delay is because of POO, these contracts are signed for the long run, and all parties can project different POO scenarios and negotiate around these.
Hi Offerman,
“A bit distant”? :-) ...Well they are light years away from the Sh’s these days.
You have got to wonder why? Either something big and exciting is happening behind the scenes or there are in an almighty mess.
I can’t see a middle road scenario here.
AIMHO
My take on this is :
When Heritage took over after Petrotrin they were not the easiest to work with and so the relationship was off to a sticky start .
I believe they were to put pen to paper not long ago but in light of the recent disasters with CV-19 but , especially the most recent OPW causing exhaustative destruction of POO I think perhaps CERP want a better deal than the behind the scenes recent one they were close to signing ( hence the further extension ).
Also, If Goudron were a dead duck RE waterflood I really think they may have left it for dead as I don’t think they would want to keep pump stop clean,pump stop clean sands continuously with the remaining areas unless a really decent attractive offer was on the table to make it very viable to us. The oil is there, albeit balancing act for extraction I.e sand /oil .
It’s a complex licence for sure but, if they can get attractive T&Cs for it is as well as H and WF comes of age then the whole licence could be lucrative and very viable to CERP.
I would have like TH or Leo to have given a more comprehensive update across the whole company though . They do seem a little distant .
Couldn’t Tony or Leo do a media interview for us holders for some reassurance . ??
What’s with Saffron? I thought we would have results at the end of March ?
They said Flow testing had continued in LC workers still on site then.
I think tactically they should update ok each layer in LC IF the news is good .
Update in stages . If the news isn’t good then wait until we have MC to report on to at least show some success from the well.
If there is good news in LC for goodness sake report it to try and lift the SP and for potential new investors.
AIMHO of course .
Just another thought , maybe Heritage want to see what’s going to happen in the next three months with POO Saudi, Russia , USA , and CV-19 . They may not want to set prices too low just because of now yet things could improve and they don’t want to be out of pocket so are waiting for pen to paper to see if the newer lower range is for the foreseeable future or of prices will rebound .
We do need Goudron as it has been and still currently is our bread and butter until rejuvenation’s , workovers elsewhere can provide us some further backup.
We are over a bit of a barrel maybe and Heritage know that hence sticky part of the relationship .
A media interview right now wouldn’t go a miss , ( that’s if Leo TH et al haven’t been affect personally by CV-19 in which case I’d totally understand ).
If they haven’t then they need to do an interview , maybe with the Kiwi guy on Proactive Investors .
Aimho
My take on this is :
When Heritage took over after Petrotrin they were not the easiest to work with and so the relationship was off to a sticky start .
I believe they were to put pen to paper not long ago but in light of the recent disasters with CV-19 but , especially the most recent OPW causing exhaustative destruction of POO I think perhaps CERP want a better deal than the behind the scenes recent one they were close to signing ( hence the further extension ).
Also, If Goudron were a dead duck RE waterflood I really think they may have left it for dead as I don’t think they would want to keep pump stop clean,pump stop clean sands continuously with the remaining areas unless a really decent attractive offer was on the table to make it very viable to us. The oil is there, albeit balancing act for extraction I.e sand /oil .
It’s a complex licence for sure but, if they can get attractive T&Cs for it is as well as H and WF comes of age then the whole licence could be lucrative and very viable to CERP.
I would have like TH or Leo to have given a more comprehensive update across the whole company though . They do seem a little distant .
Couldn’t Tony or Leo do a media interview for us holders for some reassurance . ??
What’s with Saffron? I thought we would have results at the end of March ?
They said Flow testing had continued in LC workers still on site then.
I think tactically they should update ok each layer in LC IF the news is good .
Update in stages . If the news isn’t good then wait until we have MC to report on to at least show some success from the well.
If there is good news in LC for goodness sake report it to try and lift the SP and for potential new investors.
AIMHO of course .