Member Info for in4cedros

Max - Jilted is not talking to the stock , neither am I , we’re talking to each other - why wouldn’t he wish people success for their investment even if he doesn’t hold ( like me ! ) ?

Jilted - point is, unlike the 3 posters you mention you appear to be a sore loser!

You should, perhaps, take heart from Adele - she got over being jilted by writing ' Someone Like You ’ and making millions but she managed to retain some dignity by including' I wish nothing but the best for you ’ in the lyrics - can you say the same John?

Jilted John !

Always the plan to partner this - they have just brought it forward - great if the price is right .

Druid - did I mention the deal also settled legal dispute with PRD - CEG were staring down barrel of a $100 million plus claim - they settled for, instead, pocketing $1million plus outstanding licence fees and forging a new beautiful friendly cooperation relationship with PRD - what’s not to like about that deal Druid?

Druid - please see recent RNS for details - it was an asset producing no oil and little prospect of so doing under CEG due to lack of specialist expertise!

Huge saving in licence fees - need I say more!

Happy new year Druid!

Druid - re ' strategic management ’ I’d say Cory Moruga sale was a good example - sorry you missed it!

Jilted - if the cap fits!

Fincent - ‘ that no one else wanted ‘ - re OFF1 you’re characterisation is that of the ignorant trolls on here - if you bother to consider the history here you’d know that CEG got in pre COVID and more importantly prior to the wider publication of the association with Namibian Basin.

Once the latter news was out Majors were scrambling to get blocks but they couldn’t get OFF -1 because CEG had this prime site which already had some seismic data available.

Other than that reasonable synopsis.

Says it all about Jilted!

Jilted John’s back - hope you had a good holiday!

JohnBriggs - Xmas songs have their moments but Jilted John is legendary!

Output - you may be onto something there - I sense you could make lots of money presenting to the Majors who’ve just scrambled for licences in Uruguay that you know there explorations will be a waste of money because CEG have a licence and therefore it will fail because they were unsuccessful in Bahamas.

It’s possible it may not be an easy pitch to the Majors as they aren’t as gullible as trolls and the disgruntled !

ZagEgypt - I’m genuinely surprised at your ignorance here regarding OFF - 1 - as NikeAir180 says CEG got there first!

CEG started negotiations pre -COVID and the negotiations took years, so long that during the negotiations the Namibian association news broke which made it hot property. Clearly this was fortuitous for CEG but they had to work for their luck!

These are the facts - I’m sorry if your losses don’t enable you to see the facts , you’re not the only one , look at Jilted John, but if you’re going to post tosh expect to be exposed!

Spiritfan - the deal was always subject to MEEI approval. Obviously they believe they were owed a shedload of back licence fees and THEY took the opportunity to collect in a pragmatic way whilst still allowing both buyer and seller incentives to complete.

Spiritefan - looks to me CEG owed more than $4 million in licence fees but that’s been removed from CEG liability and a liability has been passed to PRD. Under revised deal CEG only get $1 million and have sacrificed the $1million they would have got in 6 months time plus the potential to receive the further payment of $1million which was dependent on production exceeding 100 bopd.

I say ‘ looks like ’ because I didn’t find the wording crystal clear!

Where’s Jilted John?

Yes the plight of 12bn should be a warning to the jilted one, almost 40,000 posts over 10 years and he claims to have made a profit!

According to him reading other’s posts triggers involuntary incontinence which he exacerbates by generating more vitriol and more replies - it’s a spiral he can’t break Jilted!

Jilted - I’m glad you’re laughing - only days ago you were cringing - laughing could be the first stage of your recovery!

Jilted - you being a mogul 108 million may well be an everyday trade for you but it is exceptional for most !