Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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We have so much on offer and cash in the bank with a merger ahead of us and just down 10% today. Why can't people see the potential here?
Yes
No
Abstain
Chairman vote on your behalf
So phone your brokers and choose chairman to vote on your behalf.
Halifax telephone number is +44 (0)1132701154
Barclay's telephone number is 0800 279 3667
As the target of merger if it doesn't happen the share price will drop to 0.75p
Armatrading: thanks for the link of the actual presentation. I listened again this morning and a few notes/opinions presented below.
I think the bubbly Christine Corrado did a very professional job hosting the event. In her intro to the BPC presentation, I found her reference to ‘frisky action on BPC BBs’ interesting. Had I been the host, I would have used the expression. ‘constant negativity on the LSE BBs, led by a handful of persons bombarding the forum with fake news and fear, for short selling purposes.’
I thought Eytan did a great job in the time available and under the legal constraints he was under. Key points:
1. CLN funding rescheduled and available.
2. Uruguay potential huge. Less than $1m obligation to spend over next 4 years to get initial tech intel.
3. Multiple catalysts for news over next 24 months (9-24 CERP). [Day traders think about this, you could make a fortune over next 2 years playing long/short, if the merger happens!]
4. The slide point, ‘A business attractive to institutional / LONGER-TERM CAPITAL sources’, re-enforced my opinion the CLNs may never have to be drawn upon in full, if at all.
5. One of Eytan’s 4 roles is to get institutional investors over next few months. [ Remember he has solid CFO experience as well as ‘marketing’. CFOs tend to be a bit nerdy, he is not and a very good presenter]
6. Bahamas project robust even at $30 PoO and profitable even if only 200mbboe are found.
7. Funding strategy in place, however less expensive alternative sources of funding will be a possibility post-merger and discussions have taken place.
8. Farm-out still a possibility. Eytan implied there is more than one potential partner interested.
Watch again to glean your own opinions compared to mine: https://youtu.be/ltxAmE9vxX4?t=5746
Starchild
xxx
Says NigelHaemoglobin. Do I have to add to that?
If you don’t trust the management of our company , like the others, why hold shares ? It is just so contradictory that anyone would hold shares when they clearly think the company is being mismanaged. Piece of advice Dr.k sell your shares then you won’t have to worry.
Yes Lance. I first purchased shares in PRD around the time of the Co2 injection at the Trinity Inniss field. Do I want to discuss it on this forum NO. Would rather have constructive debates around the merger. Unfortunately any debate is being bogged down by continuous, repetitive, negative views from the same, I’ve got nothing better do than talk crap crew.
Link to Eytan's BPC slides:
https://www.proactiveinvestors.co.uk/upload/SponsorFile/File/2020_07/1594898738_Proactive-One2One.pdf
God help us if we are going to put the management of our company in the hands of people who when providing an important presentation can't even get a mic and speaker working beforehand, looks to me as if he was thrown to the wolves The CEO should have presented to give it some credibility.I am back to a doubter in the benefits to Cerp share holders in this merger, we have producing assets they only have a dream,30%cos and no money or Institutional investors, was hoping for reassurance and got concerns.
Indeed
Ought to be a novelist or comedian.
Bhoys…. do you know anything about PRD ?
Thursday 16th July.
*Tonights 6 PM Live Bahamas Petroleum's - Eytan Uliel interviewed live on Proactive's One2One YouTube channel webinar conference. Hosted by Proactive's Sarah Lowther.
*https://tinyurl.com/y8dhrnz6
Todays Q & A answers most questions for me - especially as the two boards have discussed this merger for many weeks.
There is an alternative 'go it alone' strategy but with very good synergies and prospects on both sides - my vote is a yes to the merger. By the end of the year I should know if my decision was correct.
Hey in4...... doin fine cheers, hope you good too...... :)
yep, defo change here, and if (when) the vote goes through, it'll be gone..........:(
All the best (already introduced meself over on the BPC board :)
Hi Chesh - hope you're well - lots of new bhoys on the block since merger - might even suggest transformational changes to the dynamics of this board!
Yes
No
Abstain
Chairman vote on your behalf
So phone your brokers and choose chairman to vote on your behalf.
Halifax telephone number is +44 (0)1132701154
Barclay's telephone number is 0800 279 3667
Q&A............
https://columbus-erp.com/investors/scheme-of-arrangement/
All the best.
Why mention predator has a bright future on this forum? Why are trying to ramp PRD share price?
Sorry fellas, I just can't get excited about the proposed merger. The best thing about CERP at the moment is the fact is they are working with PRD who have a really bright future :)
Bully do us all a favour take your chat onto the GGP forum.
what guy? Me? prove this allegation
oh Irene.............!
you a constant stain on this BB, but we (i) don't want you banned...........!
All the best (somewhat part of the, non invested, decor :)
Thankyou Irene for admitting you are talking utter rubbish.
How can we get IreneKrapp banned she is such an obvious T**T it is sad.
Flip ya Irene.............. :()
turn over............!
All the best (show me that massive star.............. ! :()