Member Info for Chesh

"Is Columbus Energy Resources undervalued compared to its fair value and its price relative to the market?" baraboy.............!

Yes it is........... and so why ?

All the best (Media interview soon.........................! :()

This P#1 drill seems to be the elephant (Gorilla) in the room ATM.............!

hopefully the Media from our Koot will explain all............!

All the best (but I doubt it :)

Jeez.............! how can you raise funds before the drill..............?

Aquire CERP, to fund it, after robbing it's cash to cover the take over, and relying on S1 and S2 before the buoy is even out in the sea.............?

All the best (Feb next year, CLN draw down, and if that death spiral wasn't enough, more dilution required................. ffs :(

Same willec.............. as we all do..........!

but until we're told otherwise...........!

All the best (we've been royally shafted by our BOD 'n BPC in cohorts :(

Wait for Media baraboy...............!

it'll get even better then......... :()

All the best (this is not what I what............ voting NO upto now....... caveat :)

Wild cat drills are always going to attract the carefree type willec.............!

I certainly didn't invest in such a high risk project..............did you..........?

All the best (divide by more than 100 if it goes wrong :)

Understood bonum...........!

but the potential for CERP is much larger than your painting, and potentially (partly by the looks) fund the P1 wild cat drill............?

All the best (else ........... why ?)

Agreed on the " focused on Perseverance 1."...............!

but surely the CERP aqu mitigates cost/need for dilution............. which is why BPC have offered.............!

All the best (if more dilution necessary............ even worse for CERP holders :(

The ideal scenario would be to carry on as per our road map.............!

but that ain't happening, and until the Media is released, we won't know anything more.........!

All the best (I think the BOD x4 have fell out, disagreed on direction, and looked on the table at the offer from BPC and had to take that option.............. theory :)

Probs be hardwired Gerard.............!

protection at the switched outlet, backed up at the dist board......... :)

All the best (will you supply the 13 amp plugs if required ..? :)

"While still in its infancy, the Government and Devolved Administration partners said they are working closely with academics, UK Research and Innovation and the Natural Environment Research Council and water companies in developing and testing the new approach.

They added that sampling from sewage treatment works around the country is set to begin shortly. "

.............a good time to invested here IMO..........!

All the best (nice one trillsg :)

Hey yous two...........!

I reckon the holders are looking forward to this INTERVIEW more so............. :()

All the best (I bet he blinks twice............ ! :)

I've just re-read your 9:08 post from this morning .............! :)

understood............!

All the best :()

..........and I say hep fund..........!

cos dilution (more) is expected over at BPC.............!

All the best (reading comments on the BB :)

Yep.......... my feeling exactly toldo610.......!

our nearly/soon to be risk free play (if ever there is one) is now going to help fund a very risky wild cat (offshore) drill.............. :)

All the best (why though..........? :)

LK would still be required to notify if he sold shares, NED of BPC if this goes through..........!

the others though, Tony, Gordon, Stuart.......? will not be........!

All the best (oh my head..........! :(

I might come back on Bankholiday Saturday............... :()

depends on me handover.............!

All the best (bacon 'n eggs :()

looks like open a bottle of champagne here............ :)

But what's with all the ads...............?

All the best (ffs LSE quit the ads , I'm only seeing 2/3's me screen and it's jumping all over :(

the disconnect between BPC and CERP grows larger.............!

All the best (why ............... ? :)

"The obligations of the Columbus Shareholder under the letter of intent given by it shall lapse and cease to have effect, inter alia, (a) if the Scheme Document has not been sent to Columbus Shareholders by 5 p.m. (London time) on 30 June 2020; or (b) if the Court Meeting and/or the Columbus General Meeting has not taken place by 5 p.m. (London time) on 27 July 2020."
"· The Merger will be put to Columbus Shareholders at the Court Meeting and at the Columbus General Meeting. To become Effective, the Scheme requires, amongst other things, approval by a majority in number representing 75 per cent. or more in value of the Scheme Shareholders present and voting, either in person or by proxy, at the Court Meeting. In addition, a special resolution will be proposed at the Columbus General Meeting to deal with certain matters ancillary to the Scheme, including the amendment to the articles of association of Columbus, which will need to be passed by Columbus Shareholders representing at least 75 per cent. of the votes cast at the Columbus General Meeting. Columbus currently anticipates that the Scheme Document will be despatched to Columbus Shareholders by the end of June 2020, that the Court Meeting will occur on or about 27 July 2020, and that the Court Hearing will be on or about 5 August 2020."

All the best (clear as mud to me :)