Member Info for Bespoke

We have also been very active on pursuing #M&A opportunities in Trinidad and other South American countries and are continuing discussions with a number of third parties. We are working hard to find the right deal that is value accretive for #CERP shareholders.” Leo Koot

And you shouldn't assume that the seller will keep offloading at these so called low prices?

"BOPD at that time was 2000bopd"

We were led to believe that was the case. It may have hit that number for a day or so but we were never anywhere near producing that amount frequently

I've increased my holding to 6.5m

You do realsie that they have been buying shares?

Holding % gone down after the steeldrum shares were issued but their holding has gone form 92.2m to 96m with more to add on when the 2.5m placing is accepted

Little bit puzzled by this one myself

I was expecting a red day to be honest but the SP held up

I’m sure more will come to light after the investor meeting on Wednesday

No. They will take cash repayments. They have an option to take payment in shares but they won’t do that unless the sp is higher than the conversion price

How about the people he’s brought in with him ?

Circa £300

I’m guessing he means sub 4p

Bed and Isa

Half a billion target stands

LK give a MC target of Half a bill. Not a specific share price tarket (Ross pointed this out a few times)

All about protecting their market share Prices are a little to appealing to shale producers at 70+

Wti from 45 to 70.. we won’t be 25$ better off from each barrel. The royalty rates change etc

Without knowing the netbacks we can’t work it out I see what you have done, 550 x 45 and then divided by the new WTI price It’s not a simple calculation as that due to royalty rates etc Regardless, we are better off with wti @ 70+ than we were at 45 so we are on the same page there :)

Please share your workings..

Doesnt work like that Peter We operate under a IPSC contract. We do not get full WTI price for each BOO

4.5m for me, A few more top ups this month will see me to 5m. Thats my target number to let this play out

Or LK is keeping his cards tight to his chest whilst he persues potential acquisitions Whatever the reason, he has my backing All will be revealed in due course

I tried to buy £9500 worth just now but couldn’t get a quote. Had to buy 5k and 4500 in separate trades