Member Info for in4cedros

GarryGraham - delighted to hear from you again - I was beginning to think your absence indicated you may have sold your claimed significant shareholding in this “ shell company that is being funded solely through the sale of licenses, ” which is “ no going concern until Chevron or CEG discovers oil ”.

I don’t believe anyone reading these boards, the company RNS and media would not understand the objectives of the company and the nature of the risks/rewards associated with this exciting small cap AIM oil exploration company. I’ve had the debate with you historically about the scenario of SP appreciation without a drop of oil being found and I was proved correct by the graph following the Chevron announcement! I can’t rule out further advances in SP should OFF-3 farm out be announced - can you Garry?

Regarding corporate governance I’m sure the board will note your observation that the RNS “ in my opinion, is a bit of nothing “ ! The reality is that the delay in closing the Trinidad deal was significant market information and needed ventilation - if we had better trolls on here that followed the company closely they could have been agitating about that matter prior to Eytan’s RNS! As it happens I don’t believe there’s any significant concern from shareholders that the deal won’t complete. I applaud Eytan for taking the opportunity to add development news on the main assets in the same RNS.

Briggsy, as a non shareholder, seems unduly concerned about the warrant exercise amounting to less than 1.5% of capitalisation. As the SP has bounded ahead the price of 5p appears dilutive but I doubt it was anything like as much at the time of Warrant issue and sometimes the CEO needs to offer such incentives. We’ve not been told about any disposal plans so it wouldn’t surprise me if the Contractor sells sizeable chunks into the market.

It irks Briggsy when people make money on this share so the Warrant exercise was like the proverbial red rag!

Briggsy - glad you appreciated the assessment of potential outlined by Eytan in the latest RNS!

Assessing share potential is extremely important but the CEO was also careful to include reference to CEG ‘s strong fundamentals, courtesy of the $12.5 million transformational CASH payment from our Super Major partner Chevron.

Many thanks for your regular observations on this developing, exciting, small cap AIM Uruguay exploration play!

Briggsy- wow that’s a desperate new tack, even for you, just post up any evidence you’ve got that investors here don’t appreciate the significance of Payroll! I’d go so far as to suggest that they go further than Payroll, they look at total cash burn, which Eytan has discussed often - it’s why the $12.5 million CASH from Chevron was so transformative - gives them plenty of breathing space!

No room for complacency though John - it’s why Eytan discussed his own substantial shareholding and the agreement that he wouldn’t sell for 2 years. He stated it wouldn’t be in his interest to run the clock down without progress from the company as the effect on SP would be more impactful than his salary.

Shareholders are aware they need to wait to see further progress - the milestone fundamentals are all on CEG website but I can’t rule out market sentiment moving in anticipation - you, on the other hand, seem to be having a hard time accepting the recent progress of CEG in terms of fundamentals and SP growth, which is disappointing as it adversely effects your credibility!

On the positive side your ridiculous trolling gives me an excuse to restate information that hasn’t been mentioned for a while so thanks for that Briggsy!

Briggsy - happened to come across the chandelier scene again recently and thought of you, innocently believing your stock would stay up and then seeing your dreams shattered! - how did Rodney keep a straight face? :-

https://youtu.be/KNcGLVvhoyw?si=jU_qFqAK4iyZdEji

Bit like the pile of mugs, prolonging their own misery, still around here, drowning in disgruntlement, many months after they emphatically told us CEG wouldn’t get a Farm Out!

Drip, drip, drip of good news here must be like Chinese water torture for them! Below is one of my recent posts - Briggsy seems obsessed with “ Mugs ” - is that Freudian?

Briggsy - welcome back - we need someone here to vie with Linton78 for the village idiot award!

Quite rightly you say “ Mugs here will never learn ” - but wait - weren’t you the one who took the drilling risk of the Bahamas wildcat without understanding the consequences of failure, sold out at a huge loss, blamed pretty much everybody but himself and subsequently took on a mission to warn off new investors, with such passion it culminated in the, now iconic CEG hall of fame quote:-

“ 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 ”

Apologies to long term readers of my posts but we’re seeing new faces here lately- for context the above Briggsy quote was just before the Chevron transformational deal - need I say more!

In case anyone asks - Why did I post the link? - “ Because he’s Wirth it ” !

Interview with CEO

https://youtu.be/I-Msj31oxKE?si=QNMKutPjECl3Osvf

My speculation - holding is possibly some form of Collective Investment / Hedge Fund managed by MS.

Captain Condor was tongue in cheek - google it!

Anyone know if “ Captain Condor ” is running his ruler over this?

Briggsy - welcome back - we need someone here to vie with Linton78 for the village idiot award!

Quite rightly you say “ Mugs here will never learn ” - but wait - weren’t you the one who took the drilling risk of the Bahamas wildcat without understanding the consequences of failure, sold out at a huge loss, blamed pretty much everybody but himself and subsequently took on a mission to warn off new investors, with such passion it culminated in the, now iconic CEG hall of fame quote:-

“ 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 ”

Apologies to long term readers of my posts but we’re seeing new faces here lately- for context the above Briggsy quote was just before the Chevron transformational deal - need I say more!

Without these trolls I wouldn’t feel justified in regurgitating history, after all, sensible investors have already done their history homework and focus on potential, whilst always bearing in mind this is an exciting high risk, small cap, AIM Oil Exploration play, not for widows and orphans and others who can’t differentiate this from Government Bond market type risk!

Garry - thanks for your post - this company has a chequered past and plenty of detractors but you’ve sensibly put the history to one side and invested for the future potential.

Keep those rollercoaster straps on case it morphs into a rocket Garry!

Billybamboozle

Posted in: CEG

Posts: 473

Price: 9.125

No Opinion

RE: New review

7 Feb 2025 20:41

My 15k investment 10 years ago went down 99.98% to .26p. I topped up with another 2k about 3 months ago. Fingers crossed.

Boozie - good luck with your investment - I’ll continue posting positively for all shareholders!

GarryGraham - it wouldn’t surprise me if many more than 53% of your posts included whinging or whining - which would be expected from a troll but not, perhaps, from a claimed shareholder member of a consortium Garry!

Even Linton78 had you sussed and he’s one of the disgruntled!

As ever, best wishes to all shareholders!

Hi Linton78 - here’s a selection from your posting history- at least you were able to sus Garry - some things never change!

Linton78

Posted in: BPC.L

Posts: 1,788

Price: 0.57

No Opinion

RE: How can we get out of this mess.

19 Feb 2021 22:40

Garry - Get over it sunshine. Stop whining like a little girl.

The message from Jmann was clear, they found something and it was significant. Obviously not as significant as we hoped for. 

They ran out of money, drilled in the wrong place. 

That’s life mate. 


Linton78

Posted in: CEG

Posts: 1,788

Price: 0.1025

Strong Sell

RE: Certainly worth a punt

1 Jun 2023 21:41

Wise words Mr Laallee. 

CEG will never get a farm out and go bust within 2 years is more likely.

Linton78

Posted in: CEG

Posts: 1,788

Price: 0.14

Strong Sell

RE: Uruguay

26 May 2022 23:00

No one wanted the license - similar to the Bahamas. 


Linton78

Posted in: CEG

Posts: 1,788

Price: 0.06

Strong Sell

RE: Waste of time

7 Nov 2023 20:33

No chance of a farm in for this bunch of part timers. 

I would rather spend it all in the Grenadier, then a slap up meal in Green Park rather than buy CEG shares.

Gibbo - concise, patient, explanation of why you’re here, complete with warning to those who may not understand the risk involved with oil exploration stocks.

I believe I have posted along similar lines previously but sometimes the seed lands on stony ground! After 6000 posts I hope Garry will forgive me for being tetchy on occasions!

$12.5 million cash plus Chevron paying probably more than that for seismic on OFF -1 alone seems to be FACTS you have overlooked on shareholder value - market clearly sees it differently to you Linton!

Yes Zag - even Ungrateful Garry has made sizeable SP gains on his holding, without a drop of oil being found!

GarryGraham - many thanks for stimulating me to reply!

During my brief sabbatical there was no need for me to intervene as the tosh from the usual suspects was robustly rebutted by others on this site who want to see the company fairly represented.

Unfortunately subsequently JohnBriggs alleged fraud, with no supporting evidence. Although the moderator removed the post quite rapidly I felt the need to chastise Briggsy because it was a further lunge to the dark side for him which could exponentially add to the woes which he is having difficulty in dealing with.

Most of my posts dealt with that issue.

I invited you to join in the condemnation of that comment, as a claimed significant shareholder and correct me if I’m wrong, part of a consortium but I note you have chosen not to deal with that matter!

As for me posting “ ramping nonsense ” that’s absolute tosh. My posts are usually fact packed responses to trolls who often present misinformation here and on the other channel. Sometimes I present speculation but I make it clear that’s what I’m doing - it’s a chat board, after all !

Obviously I’m deeply disturbed that you might prefer me not to post but provided I’m permitted I’ll continue. You could, of course, filter me but you’d find out, like 12bn on the other channel, that might be difficult for you to manage!

Once again best wishes for the continued success of your claimed investment here!

Druid - makes it all worthwhile to be held in such relative high esteem by those whose support for the company has not always been as publicly voluble as mine!

Boozie - more coffee and maybe less sauce might improve your cognitive awareness- most of the trolls here seem narked about me allegedly being the main cheerleader!

Get a grip!