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“There was a coo upon a hill
🐄🐄🐄🐄🐄
“Upon a hill”
🏔️🏔️🏔️🏔️🗻
“Its near nae noo”
“It must have shifted “
Funny that!
Your welcome .
JohnBriggs - at the risk of seeming dangerous, to you, may I suggest your heightened sense of disgruntlement appeared to have stimulated you to excessively bluster your most famous line, to date, - ` Why on earth would anyone want to give their money to a company with no credibility and run by amateurs and most importantly who on earth would want to partner with them ’ !
My answer was Chevron and they’ve confirmed the agreement with CEG which is currently awaiting Government approval. There is no jeopardy for me as even if the deal didn’t proceed It would still remain a FACT that Super Major Chevron seriously negotiated a deal with ` a company with no credibility and run by amateurs ’! In contrast your post made you look an absolute fool to any casual observer!
I understand the concept of cathartic discourse so I’m prepared to continue to indulge you but I’m not sure that it’s helping you - you lost money on this share so have lots of others - you should focus your ire on the person who advised you to invest here - even if that means a period of sustained navel gazing!
Maybe an RNS on the way?
LOL
JBT, this has happened quite often with CEG recently. Infuriating.
GarryGraham - I can’t supply any more information than you’ve already had - everyone has to make their own mind up about the solidity or otherwise of the legals. You, perversely, appear to be doubter in chief but claim to have filled your boots with shares since the announcement.
You are in good company Robert Bose ( a quality speaker! ) has agreed to join the BOD and ploughed significant funds into CEG, through Charlestown, presumably after they did due diligence for the unsecured loan which was related to the Chevron farm out.
Good grief GG, you can't be this ignorant, it clearly isn't an MOU!
In4edros :
Please show me an RNS from Chevron or CEG confirming that the farm out is legally binding.
At best, it's a MOU.
GG
GarryGraham I’m posting below an extract from my Timid Troll of 25/03/2024.
` If his posts are genuine it’s difficult to understand why someone with that attitude is prepared to go another 10 rounds with the company on a new drill venture whilst pooping their pants at each stage.
Furthermore in such a scenario why highlight negatives if you are genuinely invested - by way of example I give you fairly recent post where instead of just saying the Chevron deal is not complete until everything is agreed, including Government approval he decided to speculate that Chevron had included last minute caveats in the deal. He may be correct but why introduce that little bit of extra speculation based on zero knowledge - I could easily speculate that Chevron have done so many deals historically they have a rigorous tick box list to complete and want to see all the evidence before they even release the news they’ve done a deal because pulling out at the last moment suggests they didn’t do proper due diligence in the first place which is not great for a Super Major! ‘
You have no more information than that which has been published - I’m speculating that they have a legal agreement with Chevron for the farm out that is subject to a number of conditions, a major one being Uruguayan Government approval - both Chevron and CEG have, independently, announced the agreement exists. I’ve never said the deal is unconditional but a conditional deal is valuable as it sets out the basis on which parties may withdraw.
It’s unlikely CEG would have agreed a condition such as ` we don’t feel like it now ‘ as we are told CEG had interest elsewhere for the block which was the reason they were able to agree such attractive terms with Chevron ( despite many trolls telling us it would never happen LOL! ).
GarryGraham you seem pretty clueless about conditional contracts why speculate nonsense?
MMs like to muddy the water they are emphasising the sells but being coy on the buys.
John Briggs
"Need I remind you that Chevron isn't a done deal ".
ABSOLUTELY CORRECT, and until an RNS is released by both companies it remains a prospective agreement and nothing more. Chevron have not committed to anything legally with CEG. If the results come in from Argentina and it's looking like a bad play or they have second thoughts, they will be off, and that will be that. In4edros and Willec and all the other rampers are going on as if we have struck oil. All the balls are in the air at the moment and anything can happen. John Briggs provides one side of the argument which is fact and In4edros and Willec provide the company viewpoint as if nothing can possibly go wrong. We have a horse in the race but at the moment its still a massive outsider. GG.
Ask willec. He will know. He knows everything.
But then again, he’s not been around since the sp dropped off. He must be feeling quite embarrassed. Hmmmm
I see the trade for 6.4m shares at 9:58am has been posted as an "unknown" on here and it was clearly a buy. Why do they do that?!
JohnBriggs - at the risk of seeming dangerous, to you, may I suggest your heightened sense of disgruntlement appeared to have stimulated you to excessively bluster your most famous line, to date, - ` Why on earth would anyone want to give their money to a company with no credibility and run by amateurs and most importantly who on earth would want to partner with them ’ !
My answer was Chevron and they’ve confirmed the agreement with CEG which is currently awaiting Government approval. There is no jeopardy for me as even if the deal didn’t proceed It would still remain a FACT that Super Major Chevron seriously negotiated a deal with ` a company with no credibility and run by amateurs ’! In contrast your post made you look an absolute fool to any casual observer!
I understand the concept of cathartic discourse so I’m prepared to continue to indulge you but I’m not sure that it’s helping you - you lost money on this share so have lots of others - you should focus your ire on the person who advised you to invest here - even if that means a period of sustained navel gazing!
It’s all about risk and reward John from my perspective. We are de-risking albeit slowly. Our investors are not in the habit of throwing money away, the $1.5m loan will be converted into shares. Chevron have mentioned our agreement in their recent reports. This to me is still very much a binary play and we’ve got 18-24 months before we will see which side of the coin it’s going to land. None of us knows what’s going on, not one single investor or contributor on this site does. We can make educated guesses, based on the information out there, but it is and always will be a place to only invest what you can afford to lose.
In4cedros, you flatter me with your retweets of my posts. Need I remind you that Chevron isn't a done deal - you appear to have no sense of jeopardy which is never far away when you look back on the illustrious history of CERP/BPC/CEG (or the other incarnations) and its track history of failure.
' JohnBriggs
Posted in: CEG
Posts: 1,174
Price: 0.1075
No Opinion
RE: Deadlines
23 Feb 2024 10:37
Hahahaha, ah Luthee you really are the ultimate apologist. You fail to recognise that if a CEO comes out with a deadline such as fam out by Christmas and then that changes to oh now another 12 weeks, by end of Q1 2024 it makes them look naive and incompetent when these deadlines aren't met. All the while tie company is running on fumes.
Why on earth would anyone want to give their money to a company with no credibility and run by amateurs and most importantly who on earth would want to partner with them. The industry and market never forgets those who mislead and default. ‘
Anyone heard of Chevron LOL?
Briggs - low IQ posters are those (like you) who post daily, about a share they don't have....🙂
JohnBriggs - you cut me to the quick with your comments on my moniker and for a nanosecond you had me thinking I shouldn’t post here anymore because of my apparent disability but then I realised it came from an increasingly frustrated troll who seems unable to cope with the cascade of positive news experienced by this company in 2024!
I treat your observation that I’m dangerous as a badge of honour!
As to your observation the SP speaks for itself I’d be interested to hear what it says to you - FWIW I’ll tell you what it says to me - plenty of existing shareholders sticking with the company, perhaps some with ` hubris ’ LOL, that are optimistic that the Government who decided to hand out licenses won’t be too shocked that the holders want to develop them and that involvement with a Super Major is probably the best case scenario.
Not everyone wants to wait it out, some choose to sell and buy elsewhere- that’s just the market - they back their judgment. Not sure about your judgment to troll here - I gave you the benefit of the doubt as you clearly needed a cathartic outlet for your disgruntlement following your poor investment decision and I’m happy to continue engaging with you if it helps - I do understand your difficulty with the positive news flow of late!
I'm confused by what you mean John...
No help needed fro te "trolls", in4cedros, the SP speaks for itself. It's a tale as old of time here at CEG - but why oh why can't everyone see the guaranteed money maker.
The very fact you handle is in4cedros suggests you're a bit of a cretin who never really learns their lesson and suffers from hubris.
Dangerous poster, along with low IQ Bilgobaggins, the CEG bulletin board court jester.
Sam - u the man!
Is that best trolls can offer?
let's see if it works this time
www dot *************interviews dot com/challenger-energy-ceo-on-charlestown-deal-new-board-member-and-offshore-license-updates-lonceg/4121160479
just a little clarification on the chevron deal.
https://www.***************************/challenger-energy-ceo-on-charlestown-deal-new-board-member-and-offshore-license-updates-lonceg/4121160479
Join the rest of the trolls with short attention spans - CEO has recently commented on the expected timetable-were you also a doubting Thomas on whether a minnow like CEG would ever get a farm out?