The next focusIR Investor Webinar takes place tomorrow with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Willec - I’m thinking you’re dancing the Charleston whist eating your Cornflakes!
........and now monies from Charleston Energy.
The instituations realising how big this can get - MASSIVELY undervalued at the moment and an extremely STRONG BUY.
Don't wish to be out over the weekend as people begin to catch on to how good this is going to be.
BUY BUY BUY!!!!!!
Arrynillson19 Apr '24 - 08:18 - 21153 of 21154 Edit
0 0 0
Disgraced Compulsive Liar 12bn - there you go again with your lying - why make up this shyte !
The Chevron deal is subject to approval from Uruguay Government, that much is true but why make up that it’s also dependent on seismic ?
Always the same 12bn - when you’re on the ropes you become more and more desperate - people on here know that - it’s why you’ve got a FILTER LIST LONGER THAN SCHINDLER!
I’m posting up below relevant paragraphs from the RNS dealing with the Chevron deal. The cost of 3D seismic is clearly not cheap, up to $15 million mentioned in the RNS.
Try and follow the logic here 12bn, before yesterday’s financing announcement you were telling us daily, sometimes multiple times daily, that CEG were rapidly running out of money. How did you think that CEG would complete 3D seismic, before completion of the Chevron deal LOL!!!!!!
· Chevron will pay to CEG US$12.5 million cash on completion of the Transaction, these funds will be used to support the further development of the Company's business.
· Chevron will carry 100% of CEG Uruguay's share of the costs associated with a 3D seismic campaign on AREA OFF-1, up to a maximum of US$15 million net to CEG Uruguay.
· Following the 3D seismic campaign, should Chevron decide to drill an initial exploration well on the AREA-OFF 1 block, Chevron will carry 50% of CEG Uruguay's share of costs associated with that well, up to a maximum of US$20 million net to CEG Uruguay.
Valaris rig on the move to drill the Argerich 1 well
https://www.linkedin.com/posts/offshorelinks-deepwater-rigs-analysis-news_the-valaris-ds-17-is-now-departing-rio-de-activity-7186633948993658880-s3S5?
Yes - some think this is the old CERP; but Carnegie, Maas et al, arrived since. And went to Uraquay to seek new opportunities.
They received 2 areas - (OFF-AREA 1 &3, offshore) - from a most cooperative government (no oil) and have out-thought many.
Now today, Wall Street chaps arrive - and take a stake (for cash) in a minutely analysed future in Uraquay, and elsewhere.
🤨
This share has it in buckets. With an indifferent history in previous incarnations, the company's new management, shareholders and strategies are impressive.
Jumped over many competitors by getting 2 Uraquayan areas - one now has an agreed farm-out deal to CHEVRON.
And the other areas (OFF-3) has attracted investors with the relevant expertise, finance and connections. Still speculative - but undoubtedly worth a punt!
Not gospel, but more than the keyboard warriors!!
Good luck if you take Malcy's predictions as gospel - you will very quickly be relieved of your money
And your pies.
I can see heavy buying into the weekend and with the news all over the media Monday morning will be very interesting.
The advice is simple - BUY BUY BUY!!!! OR miss out on lovely rising for the next 6 to 12 months plus.
ZEUS has a fully derisked value of 7.1p per share currently.
Glad I never take advice from the sad pathetic excuses for ****
The market likes the news today with heavy buying into the close.
Watch the journey north guys this is going one way which is UP.
You know things are moving in the right direction when the trolls show up to save out financial lives 🤣🤣🤣
GLA, ATB & DYOR
Norma, don't be daft, they just have, that's what the agreement states. Can you read or are you just a negative troll on here wasting everyone's time ?
GLA, ATB & DYOR
Good luck if you take Malcy's predictions as gospel - you will very quickly be relieved of your money
Malcy all over it. Ten bagger if ever he saw one.
Buys still coming in.
The trolls are pathetic and panicking now.
Buys coming in and share price rising on 88.427m volume (up 10%)
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.