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After today's news we can see how undervalued we are.
This is a SCREAMING BUY!!!!!!!!!
It doesn’t really change it…if they wanted to buy the shares but couldn’t, the ‘institutions’ would have asked the company to do it already.
Love it when trolls throw out words like “facts.” And if you’d followed my indicators (both up and down) you too would be sitting on multiples of your initial investment. But you’re just a bs troll or simply programmed to stay poor.
And there you are again, mischaracterising my posts, and mischaracterising what this specific consolidation means and how it came about in light of the charlestown deal.
Real bottom of the barrel stuff from you today, Max.
60/40 farm out with a global super major and now financed for the foreseeable future 🫵😹
GLA DYOR
Just listened to the interview and all falling neatly into place - EXTREMELY GOOD NEWS for the future of CEG
The facts speak for themselves Bilbo, “our own in house indicator user” those indicators will trip you up on the consolidation have to actually learn how to trade old school.
It’s not hard to work out RNS gets put out anyone who has an alert set up will turn up here, briggs and myself alike.
At least I ain’t been here ramping since the crack of day, consolidation news is a bad sign but buy in some more, you will notice it won’t affect market cap folks don’t expect a massive increase in your portfolio if you are that green. Market cap only does that.
Agreed @comek2. Expecting increased buying pressure from here.
GLA DYOR
This is the beginning, after today's news this is going to fly very soon. DON'T MISS OUT BUYING THIS CHEAP - these prices will not be seen again. TOO CHEAP at the moment with what is to come.
Madmax “the neutral trader” using irrelevant tropes to fud the recent RNS.
Curious how he and our other resident troll Briggs emerge at the same time.
If I had a £ for every time that I heard a farm out (still not a done deal) was the key to riches, derisked projects and provided financial security for the next XX years for every dog share on AIM I wouldn't be here listening to your continued dribble, Willec.
The fact is that nothing is assured and majors put a bit of money into things to keep their options open and see how situations develop generally - it would mean nothing to them to pull the plug (on a deal that's still not finalised) or at any point if the wind or their strategy changes.
High risk, low competency at CEG.
You are clueless and only post as a troll to deramp.
Charlestown Energy will as a result of this deal and consolidation will bring in enough monies to allow us to get through to the post where we get $12.5m from Chervon which again will tide us through at least the next 5 years and with drilling planned in 2027 (3 years away) a nice discovery will secure our company for many many years to come.
You know willec, I am starting to question if you are Eytan himself trying to influence this board. He/you knows there is a lot of unpredictable headwinds for this stock and was cautious to highlight them in an interview. A share consolidation is not a good sign it’s a short term patch to make a stock look attractive to the gullible. I was wondering how they would play this part and now I know.
Madmaxium - you are the naive one as of today's news we basically have little expenditure, apart from running costs which are minimum to us until drilling in 2027. So for nearly 3 years of finacially security if fantastic news for a oil junior.
Buying into a company on a share consolidation news as a good thing, dear god we have a lot of naive investors here.
I know it is JohnBriggs and all the lies to go with it. Mainly from you JohnBriggs with the rest from the other trolls.
The level of intelligence and misleading on this board is concerning generally
So this can now potentially go into £££ is that correct
JBT2007 - not this this discussion, but any discussion - he is completely clueless.
Yet again, misleading, have you no shame? There were trades at 0.29, what don't you understand about your term "the highest point in the past year" You clearly need educating you don't know enough to be participating in this discussion!
JohnBriggs what is your problem? and why dislike this company so much? You are just a complete prat without a clue
Yes very good as shares below 1p are restricted from purchase for some institutions, so the will mean those will be able to buy in thus creating more demand for the stock. Together with this the positive news flow to come will help the share price move even further north over time.
Oh you're talking about any intraday spike, now who's being misleading...
Becasue of today's news the investment from Charlestown Energy will cover the costs.
We have a risked NAV of 0.52p per share
and unrisked NAV of 7.1p per share.
gg, from a united fan ha. in all seriousness i have to filter through to try and find no bull**** posts and yours comes across very sincere, do you feel that this company is heading in the right direction. until we do or don’t hit oil that is.