Member Info for GarryGraham

In4cedros - To think we had 2 weeks of bliss when not one comment was placed by you. I cannot imagine the absolute agony of being unable to post your ramping nonsense on the CEG bulletin board. Or was it that Eytan gave you two weeks of paid leave? Either way, it was a blissful period of serenity for the other shareholders. Since 8th April, we have had the usual daily relentless barrage of posts from you. I think 8 in a few days to add to the 6000 + other posts you have put on this site. Oh, how I long for those blissful days of serenity when you were absent.

GG

In4cedros : "Yes I have but she was a consenting adult and we both moved on without whinging, whining and disgruntlement ".

Oh dear. Here's me thinking this was a bulletin board for Challenger Energy Group Plc. The sound of tumbleweed is deafening.

GG.

in4cedros.

i hope ceg plc are paying you well for the pr work you are doing for them on this bulletin board. if not, you are a mug. you have posted 6090 posts promoting the company. you were ramping the **** out of bpc up to the drill in feb 21 and even when it was a duster and they completely messed up the finances up to drill, you were still defending them. since then you have posted incessantly and several times daily promoting them and attacking anyone who offers any amount of criticism. if each post took ten minutes of your time, you have wasted 1450 working days ( 7 hours per working day ) promoting this company. like i said, i hope eytan and his gang are paying you because your work would inspire any share " boiler room ". you were even ramping the share on new years eve at 9.30 pm when the rest of the nation was getting ****ed and celebrating. fair play to you in4cedros you are either very well paid or a complete moron for spending 1450 working days for nothing.

gg

In4cedros

I ask you kindly not repost again in reply to J Briggs.

"Why on earth would anyone want to give their money to a company with no credibility and run by amateurs and most importantly who on earth would want to partner with them ”
.

It is becoming extremely monotonous as you have posted this over a dozen times, and everyone has got your point by now. It is starting to become tedious. By all means add comments but please refrain from just copying and pasting the same words again.

GG

In4cedros:

"And I’m critical of management where I believe it’s necessary".

And when would that have been? I've heard on the CEG Grapevine you have hundreds of posters of Eytan all over your box room.

GG

If MS did make a takeover bid, in everyone's opinion is this a good deal for us smaller retail investors or not ?

GG

i have a sizeable chunk and just checked in with a jaw drop. im in around £1 and thought it was on the way back but not looking good. can any one offer any hope here or am i ******* in the wind ?

gg

ive a good chunk of shares, close to 6 figures and just checked in with a jaw drop. **** me the sp has dropped. please could someone explain the main reason for the 25% drop and is it a good time to average down ?

gg

what does everyone think of this business model ?

1. find an available oil and gas license in some remote place. rumours are that one is coming up just off the suffolk peninsular, about 20 miles west of clacton-on-sea in the north sea.

2. buy said license for as little as possible.

3. purchase a globe and several maps and spread them on the kitchen table, trying not to get any hp sauce on them as it could confuse potential license buyers that it is a major undiscovered sea of oil. on second thoughts spill lots of brown oil on said map.

4. review where the license has a similar geographical match, anywhere in the world will suffice but on the strict proviso the match has had a significant recent oil discovery. for example, the coast of suffolk could have had an exact match kazhakstan 200 million years ago, therefore there must be similar quantities of oil off the coast of clacton.

5. contact halcy and drop him enough for a few steaks and all the other online cheap rags and market the living ****s out of the new license.

6.try to look plausible and always wear a company polo shirt on video marketing.

7. announce an exciting major share issue to recover the original money bought on the license.

8.. bank the remaining £5m from the share issue and put it into an account named "extraordinary capital expenses pot ", previously known as the director's salaries account.

8.contact halcy again and again and again and all the other online sellers and buy even more steaks and drop more cash from shareholders recent share issue but obviously not too much.

9. sell the farm out and bank another 12m. top up the " extraordinary capital expenditure pot ", as it may be depleted after the halcy steak order.

share prices go up, and earn a lovely directors salary for the next five years. sadly, no oil is discovered off the coast of clacton but there are always more licenses to discover.

disclaimer: the above is a light hearted joke before anyone gets offended or upset and in no way is intended to assimilate any other company or individuals.

gg

In4cedros. You give the impression you always need to be proven correct. I called that the BOD would sell the Trinidad wells because they were a loss-making venture, which they appeared to be. Predator Oil has paid absolutely buttons for them, and most of the deal is structured based on potential. This is peanut money, and I have used the analogy of selling one's second-hand car to webuyanycar.com, which most people do when they want a quick, cheap sale to get rid of. This deal eliminates any future costs, and the monies CEG receives are buttons. It's a cost-saving venture with some pocket money into the company. Stop trying to prove yourself correct by referring to previous posts. It's a public bulletin board where investors and non-investors add their opinions. If you struggle with someone adding an opinion different from your viewpoint, don't add one. Simples.

GG

Wokinpark - Its getting rid of a loss maker and a good move. The previous BOD has tried to ride this dead horse for years. More oil at a service station on the M6 than in these wells. CEG, as I have always said, is a one-trick pony despite what In4cedros has been saying. The analogy is taking your old banger that, despite the fact, breaks down every week and costs a fortune Webuyanycar.com has just bought for £500 whilst you continually eye up the new Mercedez in the showroom ( Uruguay ), which one day you hope will be yours.

Everything riding on Uruguay now fellow investors, it really is a binary bet . Hold on tight.

GG

I don't know why people are drastically opposed to a counter viewpoint other than In4cedros. J Briggs ( who has nothing to do with me) adds a point of view that contradicts In4cedros, who is Eytan's flag-waver and chief Pom Pom cheerleader. What is the point of having a board full of rampers? It's not a bulletin board, then. It becomes an advertising platform for the board of directors, but maybe that is what In4cedros wants.

GG

Buy in at

Buy in at

Correction to post:

Chevron : Kazakstan's targets 11bn barrels of recoverable oil.

GG

In4cedros et al. - Reply.

1. "We believe that this level of "burn" compares favourably with similar AIM-listed entities, is consistent with the level of net cash spent in prior periods, and meets the Company's stated objective of keeping its "burn" under $200,000 per month.”- My Question is simple. What is the point of "burning " £200,000 per month on capex on these drills where ( As shareholders ) they lose money year in and year out or break even at best? Wouldn't it be better to spend shareholders' money by selling these non-profit-making drills and investing the funds into Uruguay, which I doubt even you will contest is the only "horse in the race"? Please don't counter that the funds can make these drills profitable, as they never have been. Furthermore, I would add a secondary question: Would Eytan Uliel and the board of directors run any other business at breakeven year in and year out if their salaries were not being paid even by shareholders or by a lump sum payment from a potential partner ( which is what Chevron are until they confirm the drill will go ahead)? I very much doubt it because in the real world, directors don't get paid dividends if the company does not make a profit, and for the past five years, the BOD salaries have been paid mainly by retail investors like you and me. Hence, the commonly used phrase in AIM is " Lifestyle companies ".

2. You cannot be serious about your mockery regarding Chevron's financial position. You are naive if you don't think Chevron are awash with money. Chevron has a market capital of £268 billion. Chevron has a project in Australia ( Gorgon ) that aims to produce daily production averaging 2.1 billion cubic feet of natural gas. Kazakstan's daily oil targets 11bn barrels of recoverable oil. If you honestly think Chevron will miss £12.5m and Uruguay is a significant project for them, you are deluded. It is a bit of a small change behind the sofa. I agree it is excellent to have a partner like this, but a partner like this will not hesitate to say no to proceeding with the drill.

3. I know this is a very high-risk gamble ( NOT AN INVESTMENT ). My only concern is you and a few others don't. To use a familiar analogy, CEG has gotten itself on the first few rungs to becoming an O&G exploration company after many failures. The company and the board of directors still have a long way to go, so as I have said many times, proceed with caution. Your consistent posting is, I believe, done to tempt future investors to put their money into CEG. I cannot believe you are not being paid by CEG or by someone to ramp it up so much. If my posts add a degree of caution and provide a counterpoint of view, then I am happy. I don't want people who cannot afford to lose money to invest their hard-earned cash in this GAMBLE.

GG

In4cedros - Three scenarios you may wish to consider.

1. Eytan and the board of directors spunk the £12.5m on their bonuses and salaries ( This is a recurring pattern with AIM Directors ).

2. Chevron, don't proceed with a drill as all they have done is thrown a bit of loose change to keep an interest in the Uruguay blocks, they have not committed to anything and trust me £12.5m for Chevron probably doesnt cover the senior management Christmas party.

3. If Chevron don't proceed, do you honestly think Shareholders will see any benefit from the £12.5m, as all other CEG drills are garbage and do well to break even and will probably be shut down if Chevron do commit.

All this money has done is help the directors and senior management payroll for another 18 months. You seriously need to reign in your exuberance as you are going to be so disappointed if it doesnt proceed or oil is not found. However, as Willec has gone off the scene are you the new paid ramper ?

In4cedros to Laallee - "Your experience, together with those of the remnants of the disgruntled shareholder cohort are a salutary lesson for all investors here - be comfortable with risk/reward factors on your investment then you won’t need to whinge/whine/gnash your teeth if it doesn’t work out"!

Speaks the man that sends posts about the virtues of CEG on New Years Eve at 9.30pm.

GG

I said some time ago its a dud of a product. I was laughed at by the rampers of the time. I dont suffer from ED and have used this product and its a placebo nothing else. In addition to the product being rubbish, its expensive rubbish and the sizes of the tubes are a joke. This will tank even further in my opinion

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Billy Bamboozle:

If CEG hit 3bn barrels of oil at 40% shareholding in Block 1 ( totally disregarding any gas discoveries or Block 3 ) you wont have to worry about hitting 5op as it will have long gone past that figure. People will be clammering to buy and it will be long past a penny share then !

GG