Member Info for Antha

including my own prediction of 1.5p on open, guess those new cars and homes will now have to waiting a bit longer, one thing is certain it will get there eventually.

As always, why would any major pay $10M for a share of the Bahamas field, all the costs and the associated problems with the environmentalists when they could just buy the whole company for $20M (well overvalued) at today's price, maybe they could do a hostile takeover at 2p a share and everybody's happy.

Spot on and yes the rampers are still having posts deleted because they don't agree with what is said, if everyone did that all forums would be dead.

Wish I bought more now :-(

SC "I also took the view 3.5p was discounted and a fair price, so I participated in both the OO and Placing. No external event since, gave rise for the SP to lose half its value, eg a PoO collapse or the invasion of Trinidad. Neither did CEG issue any very negative RNSs. As such, after the placing from late June until Friday, I bought more shares in 12 trades the lowest being @1.7655p on Friday. The total was MORE than those I bought in the OO/Placing."

Maybe the true OO and Placing price should have been 1.7p and bpc/ceg were lucky to get some "investors" to pay double.
Buying from 20p plus including your recent 12 tranches from 3.5p down to 1.7p is a classic falling knife strategy and nearly always ends up badly, seen it so many times before and in better run companies too.

3 rns's that the bod can't hide away for ever are S2 drill results, Final Results to 31 December 2020 next month and the Interim Results to 30 June 2021 by the end of the year, should be very interesting.

I would wait until S2 results before writing it off, you never know they might even pull it off.

Well I thought I have a look in after selling out I think in 2018, quite frankly I'm astonished the company is still going, 2016-17 was a great ride and if the bod (Hutchingson & Carver) had played their cards right the company would have been many many multiples of today's price, unfortunately it turned into a lifestyle company and will probably never recover.
I amazed some of names from the good old days are still here, wonder where others like Whitematter, WakeyMitch, etc are now?

SC "CEG’s c$25m T+T tax credits alone are worth more than its MCap"

Tax credits are not worth their value to others companies, I've seen distressed companies with Tax credits of £20-£80M get sold privately for as low as six figure sums, for example mtfb has a Tax credit of US $18M plus a stage 3 drug and it still went bust with no buyers.

SC "IMHO, there is no rational explanation to explain CEG’s current SP and low £13m MCap"

This is classic one of your best, are you actually looking at the same share as everyone else?
If S2 is below expectations then 1p or less is nailed on and if a duster (unlikely) then curtains.

Well at least there wasn't the dreaded Friday after hours rns,that would have almost been the end of the company.

9p Jez @ 16:12 "22p close, ABSOLUTELY NAILED ON.. watch the huge drop coming"

I suggest you spend the weekend reading up on how to invest as it's obvious you haven't got a clue.

9p Jez you're obviously new to investing otherwise you would know what 2 - 1 sells and 18% rise means, here's a clue - the trend is now up.

Derampers like 9p Jez must hate days like this, lol.

divided is good but I would prefer a dividend.

Think he sold out at the bottom, now ramping something else.

Well at least Trev's now strapped in along with everyone else for the rollercoaster ride up, just remember to step off when he does, there's money to be made here that's for sure.
As for our Trev I actually admire the bloke (especially at his advanced age), not many people have the balls to openly do insider trading and continually get away with it.

Tiburn, nice write up of the calcs which at 1.55p your relist price falls nicely between my own estimates of 1.4 - 1.6p after skim reading the prospectus last night, with sentiment it could reach 2p by Friday before falling back with profit takers (not a bad thing).

DaProphet, LK resigning just before P1 results was probably the biggest clue ever of there being a duster which everyone including myself didn't act on.
Next was him transferring all his bpc shares to his wife (as stated in the rns) obviously so they could be sold immediately, if I remember correctly there were some massive sell's just prior to the results, speculation at the time it was LK shares being sold, his gain was unfortunately our loss but it happens all the time on aim.

Yep, also in COPL should be fireworks there next week and major bags, if it stays low here at about 2p I will double up.

HD, I really do hope you have banked some of those millions you had in paper profits here as there's nothing worse than seeing it all evaporate to nothing, believe me I've been in that situation, number 1 rules i always bank profits.