Member Info for in4cedros

Irene - I'm sure no one doubts your sincerity but you obviously don't have sufficient confidence in your own ability to analyse and accept the risks here - as bigmj doesn't seem keen to wet nurse you why not contact a financial adviser who could talk through your risk issues and perhaps put you on to an investment with more acceptable risks - they might also help with your FOMO issue!

Irene - not surprised bigmj is not replying to you - not many sign up to a lifetime of nappy changing - I've already got my hands full ( hold that thought! ) with the trolls here and on advfn!

ODONNELL - just think of it as being a lot more transparent than EU accounting LOL! (PS I know nothing about this share! )

Chesh - this no. 4 troll seems well below par - what are the odds he will publish some old papers on Spain and ask what plan b is on that!

LayLadyLay - good to see you keep your ear close to the ground LMAO!

Stockable - always something to be learned from history but even our three main trolls watch the LK medias to try and avoid embarrassment when posting - why not watch a couple if you are genuinely interested in the company then come on here knowing what plan B is and that LK has said we need to diversify away from Goudron as he thinks CapEx can probably be maximised elsewhere - doesn't mean he is giving up on Goudron as it still produces well without the help of water flood. FWIW I love Goudron but good management responds - thank for the rerun of The Good Old Days - nice to see the old type face again from 1981!

Irene - ' from what you are saying, is a ten bagger from this ' - would you mind telling me when he said that and how many bopd were needed, how it would be achieved and what the time frame was ?

Chesh - I believe that was around the time when Ross was pitching to be financial adviser for ' The Bigs ' .

How do you know when you've got under the skin of a Troll? Answer when LayLadyLay resorts to personal abuse and his post is removed - he was supposed to be working with me to produce a report for LK on water flood but he's very reluctant to engage - I think he might be a bit more interested in CO2 injection by PRD but he's a bit shy about admitting it!

LayLadyLay - I don't recall suggesting any guarantees have been given about Predator results but I like what I read and enjoy the pictures - the Predator prospectus ( at the end of more than 200 pages ) devotes quite a chunk to the TI project including 'According to two simple rules of thumb for CO2 EOR operators may expect an incremental oil recovery of either 10% of OOIP or 25% of the total primary plus water flood oil recovery ( Fox & Avasthi 2014 ) '.

I've no objection to you camping out on PRD board telling them they shouldn't have rushed in - you could go to the PRD next AGM and tell the BOD ( 55% owners ) why they should not risk CapEX when they could keep their cash in a deposit account !

I'm still waiting for your response on water flood so that we can help out LK - Ross is doing his bit with the reminder on Lind facility expiry and Irene has found a new friend who has located papers from 1981 which were interesting but fell a bit short for me by Watergate standards!

LayLadyLay - may I apologise if the posting about Predator CO2 operation makes you, as a non shareholder, uncomfortable in any way.

Spare a thought for Ross - the Predator deal involves no ' cash burn ' for CERP !

Still waiting for your advice on water flood so that we can come up with some helpful conclusions to submit to LK!

Bamps21 - yes it's unusual for trolls like Ross to admit to that MO - the other trolls attempt more subtlety but they are running out of ideas and don't seem to have the technical knowledge to follow through when challenged - LLL still reeling from my reply on water flood!

Ross - the calculations for the netbacks are in the CPR on CERP website - I don't think you would even have to be O Level standard to see that the $50 tranche yield is equivalent to more than $70 when account is taken of SPT and the increased Royalty rate - I can only presume you like scaremongering for some reason!

LayLadyLay - I'm flattered by your interest in my opinion - not well placed to answer as I don't know what W/F is costing - perhaps you could help me out with that.

Of course your question might be considered rather over simplistic as we all know ( or should by now ) that the Goudron field naturally suffers steep declines due to loss of pressure - if W/F maintains pressure or increases it in connected areas a 5% increase could be compared with perhaps a 50% or more loss avoidance - had you considered that LLL?

Irene - I believe posters on this board have very realistic expectations regarding water flood and I support LK in this pilot project - if you had higher expectations than the board about water flood I'm sorry that your hopes have been dashed!

Shareholders here don't know the results of the pilot yet - if it's not commercially viable I'm sure Lk will knock it on the head as he's got other priorities but I'm happy to wait and see - trolls don't seem to have my patience!

LayLadyLay - if you'd have bothered to access the report Stockable linked to his post you would have noticed that back in 1981 they had charts but pictures weren't quite as popular as they are now - a picture paints a thousand words - yes it did like the Predator presentation and that frost on the pipes was like the icing on the cake for me - did you like it LLL?

Stockable - the Predator presentation also has pictures so I think you'll like it!

EOR !

Stockable - many thanks for your post - I've agonised over the the content but I've decided not to advise Leo to stop water flooding immediately as they have told us they have observed connectivity with one of the producing wells and we all know there is a gradual build up of pressure from this activity.

I don't believe any of the posters here is making extravagant claims for production increases as CERP are concentrating development elsewhere but as you are interested in EOY it would disappoint poster LayLadyLay here if I didn't draw your attention to Predator and the current project on a CERP field in TI - good presentation on their website.

ODONNEL - all the best FOR THE FUTURE ( hopefully that covers upper and lower case WE!)

Irene - FOMO is indeed a dilemma and it won't go away until you make your decision - you appear to use this board for cathartic reasons but posters here are unable to give you the answers of future production backed by cast iron guarantees you seemingly require.

Shareholders have bought without guarantees as they understand the nature of the risk they take - it seems you require a lower risk investment - how comes the search engine always highlights CERP for you?