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As you say great prospects but the CLN coming at a time of a delay in Trinidad that was announced by the CEO of CERP has dented PIs interest. As I have said many times, I have always run for the hills when a CLN deal has been announced by any company I have been invested in. Unfortunately I trusted Paul and held here but I do regret it now, There are good and bad CLN deals but in my eyes they hold the SP to ransom, better to get a fund raise, suffer a bit of dilution and if the company has strong assets, then all is forgotten within days.
Good morning, at least you bought CERP just after I did, so all is not lost. I have to agree with you the CLNs cause fear .This will come good but clarity over the appointment of another Broker, who do not come cheap and the CLN deal is required.
Good morning my friend, the only thing holding this back is the fear among PIs because of the CLNs. This is an amazing small cap but Paul should never have entered into this deal and the fact that CERP informed the market of the delay with EOR , before our own company did, has not helped.
Good morning to you my friend and thanks for your very kind comments. As I have said both companies have a great future and by buying into both, I am not looking at the EOR but the near time news flow that is due from both of them. CERP has not delivered all that it promised but this new CEO has transformed the company since the days of Mr N Ritson.
As other posters have said, Paul has blotted his copybook, especially with the CLN deal and now the non reporting of a Trinidad update. However I am sure he will have brilliant news to tell us about other projects in the very near term, if not hid pals at Vox markets will be ringing the alarm bells.
Enough of me and CERP onwards and upwards with PRD
Good evening, I have to take issue with you on one point. That being CERP are reliant on PRD for the SP to rise. As with PRD they have other exciting prospects and they look upon EOR as a free ride and any extra income from it will come without any expenditure, as PRD are providing the funds,
Well said, I could not agree more but I doubt you will receive a reply. Although I have previously stated that all my shares are tucked away in an ISA the events/ non events of the past few weeks have changed all that. On the strength of the CERP interview, I have sold a chunk and bought some of theirs.
I too ,am totally disgusted that information on our company is coming from another CEO and I for one will not be sending any emails, as it is a total waste of time. I now hold a lesser amount of shares and await developments, as it appears the holder of the CLNS is doing.
Hello mate, lovely but my concerns are a little wider than that, mainly relating to , the finances and the appointment of another Broker. So why go to that expense?, it is usually to get into a new steam of fund raising, so do we still have a CLN deal?, or has it or will it be replaced.
Hi Gee, I trust you are ok and to see me posting on a sunday, shows a degree of enthusiasm for the company. I have never had a stomach for the antics on the ADVFN BB and because of this I was a founder member of a private BB which is still going strongly today. Further more I have never submitted my holdings to ebomber or any other board member. What I did find out though the private BB that there are many very decent and well respected holders, wo hold very large chunks of shares, Unfortunately they are not always held in the best light by the in fighting on ADVFN
I was in TERN around the 2p mark but got very jittery at 48p and left and along with that, went some of the credibility I had built up with certain fellow posters but in the end it was a very good decision. After leaving I went into UPL and again got the jitters .with the long delay at WICK so again I pulled out, this time with a small loss. At this moment I am building a stake PRD and once the CLN deal has been removed, it should prove to be a sound investment.
Thats an update on my small market cap investments, let us see what TERN does over the next couple of ,months.
It has been a long wait to get back in after getting the jitters at 48p and selling out at 48p. For me the sentiment has changed and with the very low free float of shares, I started to buy back in all last week. I will now look forward to visiting this BB from time to time and sharing thoughts with you all. GLA
My first reaction after the news broke, as I posted on here was to raise funds. That is still my opinion and looking deeper into Brandon, they are a far more sophisticated outfit than our other broker. Have you noted the two contacts? Jonathan Evans Head of Corporate Finance and Oliver Stansfield CEO. Look a little deeper and it is my strong belief that with these on board, I can see a new fund raise, with the possible cancellation of the CLN deal.Further more they specialise in corporate sales and reverse takeovers and has Paul not mentioned, deals been done???
A lot of mention of investing on here today and may I chip in with my best gamble, in TERN at 2p ish and selling at 48p. This company has struggled ever since but believe me the SP is about to blow again and I have been buying all last week..If you do some research you will find that 94% of shares are in safe hands.To be honest I do not bet on many companies and my only other recent punt was on UPL and I pulled out of that before the result at WICK with a small loss, due to the long delays in drilling. I also lie to have a daily bet on CEY if the Gold Futures are positive..
Back to PRD and if the CLN is cancelled you may see a big turnround in the SP, providing the new arrangement is not at atoo big a discount to the SP . So why bring in this new Broker, with a big reputation, if nothing is to change?
I am not sure they have dumped the old broker but they certainly should do, the worst of the worst,, acting for many no hopers on AIM. Unfortunately this does have that stench of CLNs and just the cancellation of it would probably double the SP from here. I will put my thoughts once again to the company, as I do like to get things off my chest.