Member Info for in4cedros

Rossannan - your put down of Dean was a bit harsh - at least he commented on a fact - you've come up with your own fake news story about CERP EOR on TI - may I suggest you read Horseyhead's widely acclaimed recent post on Predator board !

Rossa has an agenda to dwell on EOR to suggest that CERP is buying assets to develop in this way - the media and rns do not state this to be the case - the TI CO2 arrangements are already funded and organised by Predator and we await progress there IDC. LK says he will workover TI wells that are suitable and hopes to achieve better results than Goudron because sand issues are not expected - no EOR envisaged there in the near future - there are other fields to concentrate on before EOR TI makes it up the priority list from how I interpret the media.

Captain Swag - I'm also interested in Rossa's posts that's why I haven't filtered him. I believe he would be able to improve his contribution to the board if he listened to the media as well as reading rns - that way he would be less likely to promulgate fake news. As he is posting on a public platform in ignorance I feel quite comfortable disabusing him!

Ross - your post of 00:20 reminds me of your desperate effort to undermine this when it was close to bankruptcy- you came up with the idea to have monthly mini- Placings ( to help out the shorters!) .

Now that LK has so many great opportunities it is fair to say he can't spend the max on each immediately- he conceded that point at the AGM ( on the media which you don't seem to have watched!) - that is why he said he would need to create a new priority list based on ' bang for buck '.

I know you are keen for him to do everything yesterday and that's why you want to advise LK on the merits of another ' Ross Placing ' but those that follow the company closely are, I suggest, quite happy for him to continue with the strategy he has announced for the company - that is use existing cash where it can generate best returns and borrow using Lind to accelerate process- it's not unknown for companies to borrow money - Lind were used before and repayments well managed!

Shareholders now await news of progress - some choose to trade in the meantime which is their prerogative, most don't spend all day on here attempting to undermine the company with increasingly more ridiculous notions based on ignorance as you appear to have not watched the medias!

Joe - recent media from boss of Predator claims he has cornered the market in CO2 got whole of Trinidad so I suggest you ask him!

They will set LK workover team on TI to start with and see what results are achieved before considering EOR - it's only Rossannan that is pushing fake news that CERP are moving straight on with EOR on TI - LK said he was reviewing all projects on a ' bang for buck ' basis and he would advise new road map IDC!

decamping or deramping !

HH - I can remember it but it’s difficult for Ross as he is too busy posting on here to listen to the medias - I’m not expecting Ross to become a cheerleader overnight having watched them but anyone with any aspiration to join the truth seeking club would, minimally, watch them, even if it was to gain knowledge for decamping!

Irene - just out of interest do you help out at your local funeral director in your spare time? Think of the positives here - I’ll start - the Q&A format is good ( slightly worrying number of questions though and I’m thinking this is surface scratching! ) - good luck here mate!

Fuzz - third time lucky - we are all on tenterhooks !

It’s well known Ross got it totally wrong on LK/Spain - he claimed to read body language from the LK launch media!

Spain got a mention at latest AGM and they do intend progressing this very soon - we don’t know if they will be successful but it seems to me if you’re going to tender and claim to spend millions on development if you win having a loan facility in place gives more credence to your bid - the last effort was launched when NR was wearing a begging bowl round his neck!

Horseyhead - go to man for video links! The Predator media was a new one for me - if Ross listened he would have heard that Predator have cornered the market in Trinidad for CO2 so no support there for his interpretation that LK is suddenly going to embark on a campaign for CO2 EOR on TI field. Predator also made a financial case for EOR versus infill drilling but not versus the Columbus workover alternative in which LK has great confidence.

If Ross had watched the media he would have learnt much and been able to helpfully rule out GY670 as Leo said the nodding donkey had been replaced by the Moyno pump.

Rossannan - it does appear that you have noticed there has been a change in the road map - I'm sorry that it doesn't meet with your approval - we will have to wait and see if LK's judgement about priorities and opportunities together with application of CapEx is better than yours.

You seem to be focussing unduly on secondary recovery - if you watched the media you would have heard LK say that they intend deploying workovers MO on TI and that he expected results to be better than Goudron because the field rock was different, deeper and less likely to have sand issues which have been a problem at Goudron.

Hopefully you will listen to both medias and then comment as you do easily get the wrong end of the stick Rosie!

Neon - delighted to hear from you - I hope you are well! You may have confused me with someone else as I don't usually advise on the SP and timing of purchases or sales. I do, however, regularly comment on the company and I do believe if the company is well managed the SP will reflect the competence of the management. Koot has huge potential with this one and I like his MO as he seems to be realistic in his consideration of issues. I also sense he doesn't like to be beaten hence my comment on the ' gusher ' GY670 - that 1000bopd production whet his appetite - I believe he will manage to increase production hugely from that area and certainly worth spending $50,000 on the mining industry based new Moyno pump, which will almost certainly eradicate sand issues - if he gets a result there it has huge application with other workovers in the field.

Koot is, however, pragmatic as he has the mandate and cash availability to build the company massively over the next 4 years he needs to seize opportunities when they present themselves hence the recent flurry of activity which I envisage will take some months before contributing significantly to production.

I believe it is the perception of little immediate benefit which allows traders to believe they can make a turn in the near term but those who watch the video and appreciate the awesome potential are happy to remain because we have gone from just a bit more than a single cylinder to something close to a V8 almost overnight and once the fettling is finished we will be competing on a different stage.

LGO-fan - you are too kind! I was amazed there were no posts today - just a different slant on provocation!

Never let it be said
Whilst resting in his bed
That Koot isn't always thinking
About flow rates, always hinting
New gleaming Moyno pump
Here's hoping the sand won't clump
And Goudron will again be known
For production rates that'ave grown!

IreneKrapp - Ross has been posting and telling us he hasn't watched the media as if that is something that should be applauded - after he watched the LK launch video he was on here several times a day telling us what LK was thinking about this and that but now he seems to have lost the luv and is close to sulk mode with LK.

You've watched the video - perhaps you could encourage him to do the same as he doesn't always take my advice!

Ross - have you watched the medias yet or are you still posting in ignorance?

Goudron a dead duck? Bit of an overreaction in that headline rorker but I'm sensing that you and many others here are feeling the love for LK - except Rosie who seems poised to ask for return of his fan club subscription !

LayLadyLay - presumably to make those comments you have sctually viewed the meda - my point to the poster using the Rossannan moniker is a bit like the AIDS strap line DONT POST IN IGNORANCE !

Ross - i doubt they would want to gloat over it with the likes of you Ross !