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Ty, autocorrect.
In the last 6 months—share price currently almost 4X, farm out agreement with Chevron (which includes $12.5M up-front payment), and now a £1.5M strategic investment from Charleston (who successfully invested in Namibia—Uruguay’s geological mirror).
New investors can take the word of a specialist energy investor in Charleston Energy Partners as to the potential of CEG, or the word of trolls talking about 6 years ago.
GLA DYOR
Momentum like a sp rise of .045 to .16, a 60/40 farm out agreement with global super major Cheveron, and a £1.5M strategic investment from Charleston Energy Partners? 🤭
GLA DYOR
While we’re on the topic of blindingly obvious things—Garry is a troll and likely alt account.
Funny how they always want to tell you their life stories…
GLA DYOR
@Max “the neutral trader” throwing his toys out.
Perma-poor behaviour.
Since I invested, SP has moved from .045 to .16, farm out agreed with global super major, and now a £1.5M strategic investment.
If this is a “dead stock” to you, then it’s no wonder you’re underwater.
See you in a year 🫵😹
Love it when trolls throw out words like “facts.” And if you’d followed my indicators (both up and down) you too would be sitting on multiples of your initial investment. But you’re just a bs troll or simply programmed to stay poor.
And there you are again, mischaracterising my posts, and mischaracterising what this specific consolidation means and how it came about in light of the charlestown deal.
Real bottom of the barrel stuff from you today, Max.
60/40 farm out with a global super major and now financed for the foreseeable future 🫵😹
GLA DYOR
Agreed @comek2. Expecting increased buying pressure from here.
GLA DYOR
Madmax “the neutral trader” using irrelevant tropes to fud the recent RNS.
Curious how he and our other resident troll Briggs emerge at the same time.
Exactly @in4. As Charlestown said, ‘this being a necessary requirement to enable Charlestown's share custodian to hold shares in the Company.’ The share consolidation will make CEG attractive and, importantly, accessible to institutions.
GLA DYOR
“Charlestown's investment, coupled with our low overhead and the attractive carry arrangements in the Chevron farm-out, puts us in an excellent financial position, with no need for further capital for the foreseeable future.”
Another Eytan master stroke.
GLA DYOR
Fitbrokerspal fudding every thread—news must be imminent.
GLA DYOR
Adding when the SP pulled back to .13 as predicted has so far worked out well. SP has retested previous resistance and filled gap on the daily chart; and now looks ready for the next leg up (short/medium term) imo. I personally anticipate sustained buying pressure into news.
GLA DYOR
Lovely also seeing the SP reach and bounce off .13 like someone said it would. Forget his name.
Bet he’s glad he added at .13. Whoever it was.
GLA DYOR
03-Apr-24 12:25:12 0.134 2,296,462 was a buy, not a sell.
GLA DYOR
Me sitting on multiples of my initial investment calling mid term price movements (up and down) spectacularly accurately; our resident troll Briggs celebrating intraday fluctuations.
How’s the SP not getting above .06 working for you Briggs?
How’s CEG not reaching a farm in agreement working for you Briggs?
🫵😹
As predicted, SP headed to .13 and bounced straight back up. Gap filled on the daily chart. Primed for next leg up. GLA DYOR.
No ramping from me. Ever. Just accurate technical analysis since .045—as you know. Hence my initial investment is up 208%.
Then there’s Briggs, our resident troll, who laughed at the idea of the sp getting above .07, and us ever getting a farm in agreement. How’s that working out for you?
And yet, here he still is—midnight on the last day of the Easter holiday, and again first day back at work (so tragic 😂).
You know when a troll is on the ropes when they resort to mischaracterisations, and the “paid promotion” line (literally how companies communicate news). Real bottom of the barrel stuff.
CEG agreed an unheard of 60/40 farm in deal with global super major Chevron. CEG will receive $12.5M in a couple months upon completion. Uruguay “beyond delighted,” that CEG brought Chevron to the space. Chevron will pay for 80% of the first drill. Plenty of ways to raise capital if needed—not least utilising CEG’s 40%(!) retained in retest.
Do what you will with that info.
GLA DYOR
As I have done since .045? ;) Twenty-past midnight on the boards of a share you allegedly have no faith nor interest in. Cor dear. A sorry sight indeed.
When approval is granted in a couple months, as you know. CEG will receive $12.5M upon completion. Beware low IQ trolls.
Thanks @Nas and @Luthee