Member Info for Davie46

It is highly doubtful if CEG can raise any money whether from banks or in other ways. As for oil production the figures are very small and definitely not enough to keep the company going, it is very sad as I was in here for 10 years before cutting my loses 16 months ago. At this moment it would be madness to consider investing in CEG as the future is anything but certain.

This company has been sinking faster than its drill bits over the last 12 months and I forecast recently that it would not last a year. You are spot on with your seriously deluded comment JohnBriggs.

You can forget all that, what part of broke don't you understand. There is no money in the pot and with the Bahamas still due money for the licences.

Some very delusional people on here if they think CEG has any serious production, I doubt the production figures would even pay the wage bill never mind profit.

Yes time will tell and after all these years time is running out. Insignificant oil production and a large debt pill will not make raising cash easy.

Nothing like a bit of spin when it comes to this company. CEG will not drill another well in the Bahamas, of that I am as sure as can be and doubt any company would now think about a farm out with CEG.

Doubt very much if this company will be around this time next year. They are still due money to the Bahamas Government for the licenses ( money they don't have ) and what money they do make from oil is pocket money. It really is sad when I think back to the early days and times when the share price reached 25p.

Was in BPC for about 10 years through all the ups and downs, eventually gave up about a year ago and got out with a small loss. Because of my time with BPC I still watch this share with a certain amount of sadness as it slowly disappears below the water line.

If share owners on here started doing research of this share they would all sell up.

The new boys obviously take down anything that is not a positive post, not a good sign and smacks of underhand tactics.

After years of holding shares in this company I finally got out a few months ago without a major loss, however my thoughts at the time were some day to get back in. This is no longer my intention as it now looks impossible that I would ever make a profit as the company looks to be down and out.

Nothing changes much on here, messages posted ****ging each other off and people not accepting the obvious which is no share holder will ever make money on this company. In fact the exact opposite is more likely and the company will go out of business if they can't find a buyer willing to pay peanuts for it.

After following this share for over 12 years it is sad to see it disappearing down the toilet. I got out just in time a few months ago after being in and out for 12 years, as I said sad but I have moved on.

Down and almost out.

18 month plan in place subject to capital availability. Good luck with that little cherry then, cant see you having much success as the well is dry. ( no pun intended)

Sad to see where the share price is now, its been a long road but happy that I sold most of my shares last year. The few shares I kept are just a small interest in what might have been, so not worried about a financial loss nowadays.

Your being a tad optimistic with 2025 me thinks.

Its you that has lost your mind, fine to risk your own cash but don't spout your fairy tales on here trying to encourage others to risk their money. As has been highlighted many times on here over the years this is a high risk share.

I don't remember any promises of big oil and profit, certainly not from the company. There have always been day dreamers on here who would go over the top and get carried away with stupid statements ,but they were just investors and as lots said on here "do your own research". I am lucky in as much as I have very little exposure on this company and after selling most of my shares some months ago what is left I am not concerned if it all goes down.

At least this puts to bed 12 years of hope for a lot of people. I am just glad that I had sold most of my holding at a small profit and was only exposed to the tune of £2400.