Member Info for Antha

Obadhia agree, reading GRH posts he seems to have been a director of all the major companies in the world and has known all the important people, made so much money and been in the right place at the right time his entire gifted life, aka Forest Gump or far more likely Walter Mitty, then gleefully posts how great and amazingly successful he is, the sad thing is quite a few on here are actually gullible enough to believe him, thankfully I saw right though it all and just roll my eyeballs every time he posts another boast.

I'm looking forward to 1st July when Hubba has said he will switch to the negative side, it happens to everyone eventually it just took him 5 years longer than most.

Skippy, that pretty much echo's my thoughts, originally bought in for the covid test now bottom draw with potentially/hopefully good news coming in the future, at least BRH is in better financial shape than most aim companies.

I'm not in this share and don't know the history of it, I'm just pointing out the fact that the nominal price can be changed.

hopingforbags "Share nominal 0.25p = Can not raise at this price...........basics"

You do realise the nominal price can be changed (lowered) by the bod and then a raise done at that level, been in many shares where that has happened.

Good too see the market beginning to take an interest here, fundamentals always wins in the end, should be a very interesting H2.

Hopefully this is the start and with regular drilling updates pushing it further each time, still a long way to go to reach the bod's valuation of 60p.

Lol, another one destined (if not already) to loose their money to this lifestyle bod.

The bod in this company are literally the worst I've ever come across totally inept, so glad I got out 14 months ago.

A vital lesson I learnt years ago is always sell before drill results as the successes are so rare that the risk (70-90% drop) is just not worth it.

LGO/CERP/BPC/CEG are no different to the majority of aim companies, their sole purpose is to transfer pi's money to their own bank accounts, as for Starchild (last post over 6 months ago) he did his job well.

When I was at university a long time ago a Professor there once told us that there is an inverse correlation between intelligence (IQ) and common sense, so although you "might" have a high IQ your common sense is probably below average which was demonstrated by you believing every word Starchild said when us less clever people knew instinctively it was all bs.

Isn't this another one of Aberdeenman's dogs he tried to ramp in the past?

Can't believe there's idiots still ramping this lifestyle company, those naive pi's thinking of jumping in DON'T as you will inevitably become a new lth forever in the red, lol.

As can be seen from the latest published results below, every financial metric has vastly improved over the 2021 results mainly thanks to the higher energy prices, however overall production specifically Romania has almost halved which probably can be attributed to the lack of capital expenditure in 2022, clearly the bod now have to absolutely prioritize increasing production via increased capex.

So the question is, does it warrant a 55% drop in the share price since the 2021 results a year ago, i.e. what's more important better financials or better production?

If it wasn't for the fact that I've already invested here this would be exactly the sort of share I would invest in as a long term hold. As long as the bod get their act together I believe with the right capex production can get back to above 2000 boe/d before this Christmas and therefore the sp back above 30p and hopefully 60p plus in 2023.

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Financial:

· Revenue for the three months ended 31 March 2022 was $13.4 million (31 March 2021 - $7.6 million)
· The Company generated net income of $1.0 million (2021 - $1.0 million loss)
· EBITDA for the three months ended 31 March 2022 was $3.1 million (31 March 2021 - $2.6 million)
· Gross profit for the three months ended 31 March 2022 was $2.9 million (31 March 2021 - $0.7 million)
· The Company realised a net price of $184.57/boe for the three months ended 31 March 2022 (31 March 2021 - $40.16/boe), comprising:
o Realised oil price - $90.13/bbl (31 March 2021 - $54.03/bbl)
o Realised natural gas price - $33.94/Mcf (31 March 2021 - $5.98/Mcf)
· The Group's operating netback remained strong for the three months ended 31 March 2022 and was $148.88/boe (31 March 2021 - $23.90/boe), comprising:
o Romania operating netback - $182.79/boe (31 March 2021 - $26.23/boe)
o Tunisia operating netback - $41.88/boe (31 March 2021 - $18.33/boe)
· Capital expenditures of $1.5 million (2021 - $3.5 million)
· Cash balance as at 31 March 2022 was $6.2 million (31 March 2021 - $5.3 million)

Production:

· Production for the three months ended 31 March 2022 averaged 1,115 boe/d (31 March 2021 - 2,097 boe/d), comprising:
o Romania - 610 boe/d (31 March 2021 - 1,495 boe/d)
o Tunisia - 505 boe/d (31 March 2021 - 602 boe/d)
· The Company performed a lifting in April 2022 of 42,000 bbls of Tunisian crude oil at a price of $104.79/bbl. Revenue will be recognised in the second quarter of 2022

Maybe that was the incompetent idiots plan all along.

Yes it could be as simple as that, always seemed odd though that they continued to sell via the zoetic website when they had the chill domain name as well.

Just seen this over on the advfn forum, interested to know if anyone else has had the same difficulties in buying products in the UK?

"Maybe there is an innocent explanation to this but as a regular user of Zoetic products I am alarmed that their UK operation appears to have shut up shop! My £50 has been taken but no products have arrived. I used the only two methods of communication now available: I emailed uksales@zoetic.com and sent a message via the contact page on their website. I have had no replies at all which is more than a little unusual. I am about to make a claim with Visa to get my money refunded but thought I should let investors/potential investors know. Personally, knowing what I now do from my own experience I would like to get at least a reply from this company before I ever considered investing in it. At best this is just very poor business practice not replying to regular customers; at worst, and with no telephone number offered up for customers to ring, this smacks of a company that may well have decided to pack it all in."

I maybe wrong on some things but I've constantly called it right on chll (it's a pity really that I don't short as I could have made a killing here) including the price paid for the chill.com domain name unlike your laughable "Sorry Antha you’re miles out from on this one, domain names are one of the fastest growing entity out there" which you obviously have no idea about apart from reading a random article, lol.

Sorry gallini my humble apologizes, you are indeed correct, from the second to last rns it states "the Company will have paid a total of $1,600,000 for the Chill.com domain"

So I was nearly right £1.275M at today's exchange rate, I personally think they paid slightly over the price.

Not to myself, I must read rns's more carefully.