Member Info for Cerbor

Thanks!

As at 31st August 2025, the AISC was quoted as $24,808 having fallen from the previous reporting period, the reason cited was "increased production".

Genuine question - why are we now talking about AISC of "30 odd thousand"?

Five weeks is a blink of an eye, yet people are becoming impatient. Surely, they understand that these things don’t happen overnight.

Fully appreciate the actual strategic process has been ongoing for a year, but let’s remember the last significant update was just five weeks ago and all seemed on track!

ATM is not 4x cheaper than ALL, more like 40%.

But in any event we could do with some (good) news v.soon.

I agree with your points but they knew about the presentation, what a month ago!
If there was no need for it, don’t do it. No guns to their heads in that respect!

Genuine question here....
Can anyone suggest a credible reason why they didn’t pull out of the presentation?
They knew it was happening at a “sensitive” time and given tight hole unlikely they’d be announcing anything one way or the other.
Just baffled as to why they went ahead!!

https://polaris.brighterir.com/public/bahamas_petroleum_company/news/rns/story/w3mdozx

Just an update on Mondays funding announcements

Thanks PoC.
Been in here a long time, with too much invested and now we are coming to crunch time becoming less certain by the hour ha ha!!

The current stance is that the PM and Gvt appear to be dead set against drilling for oil but feel that there is nothing that can be done to legally stop it.
My question would be does that legal surety extend beyond this specific drill?
Can we be confident that should we be successful, and I’ve got everything crossed for a good result, we will have the ability to develop or sell on the asset?

Yes share but I suppose the point is whether they can be relied or more importantly are legally binding on given the current stance?

So that does appear to be good news on this drill.

But what of the licences thereafter? If they are genuinely against drilling then the point is a moot one and the project has no value!?

Or the size of the prize changes minds?

He did make some good points but I am concerned that a NED made comments about renegotiating for production rights when I understood them to be contractually obligated and Simon Potter has mentioned this recently!

I suspect it is a private meeting being recorded for Malcy's website and that the Zoom link was given in error - so they are not letting anyone else in........

If, and it certainly is an IF, Investec are positive on this share and include it in their AIM listed portfolio's offered to clients for IHT mitigation, the minimum holding period is two years.
If they were one of or the II involved in placing, maybe allays fears of flipping?
All pure speculation of course!

My understanding is NPV represents future cashflows discounted back to present value using a discounted rate and therefore the lifetime value of future cashflows from P1 would (which I felt was the calculation you had completed) would need to be discounted back to arrive at a present value, which we can then apply to the current number of shares to arrive at a value per share for that asset.

I am not an oil man, so have no idea about extraction rates etc, so someone far cleverer and knowledgeable than me might have to complete that one.

Still hugely excited by the prospect but nonetheless confused by this week!

It's certainly been a strange and unexpected week - think I'll join you in a gin!

Long time reader and first time poster - also LTH!

Sorry IK, Stew and Bully, aren't you confusing NPV with lifetime value or am I missing something?