Member Info for CERP-84

The main reason I invested in CERP was due to the fact that the company have very experienced oil men at the helm. The perceived lack of information being released at present will either be due to the fact that the Saffron drilling program has encountered unexpected delays/problems or that the BOD do not believe that the current market conditions are right at this time to release better than expected Saffron results to maximise shareholder value. Obviously most of us on here hope it's the latter...

Keep the faith and remember that all our eggs are not in one basket. At 1.18p a share this is still a very good investment, even if Saffron results are not as good as expected.

Looks promising..... Even the threat of a US tariff on O&G imports should force Russia and SA back to the negotiating table.

'Meanwhile, Mr Trump will reportedly meet the bosses of major energy companies, including Exxon Mobil and Chevron, at the White House on Friday.
They will discuss a range of options that may include possible tariffs on oil imports from Saudi Arabia, according to the Wall Street Journal...,'

https://www.bbc.co.uk/news/business-52115442

Worth a read....

The Cheapest Way For Trump To Save U.S. Oil

https://oilprice.com/Energy/Energy-General/The-Cheapest-Way-For-Trump-To-Save-US-Oil.html

It will be interesting to see who backs down first in the current oil price stand off. Having just announced a large economic stimulus to combat the Covid 19 pandemic my guess is Russia will blink first as oil revenues are critical to their economy. The Saudis have called Russias bluff, the danger is that Putin would rather let their economy go down the pan rather than lose face and cut production.

https://foreignpolicy.com/2020/03/18/fortress-russia-coronavirus-spread-covid-pandemic/

I think you may be right TC.

LexLugar + IreneKrapp + Rossannan = Same shorter.

No new cases reported in China for the first time since the outbreak started.
https://www.bbc.co.uk/news/live/world-51955509

This is a major development. Once confidence starts to return to the market this stock will rise substantially. LTH's if you can, top up now to reduce average sooner rather than later...

ATB.