Member Info for in4cedros

minimil -Special Needs on ADVFN is claiming credit for it !

bynari - hats off to anyone voluntarily reading the last 4 days of rossannan - 4 years that's in in4cedros book challenging territory!

armatrading - rossannan will be most upset Koot may not participate if it's only C-listers that are involved, presumably, in his mind, anyone capable of making a monkey out of him over that Phantom Placing Tosh and then managing to persuade all his fellow BODs to throw in their jobs as well as allegedly hoodwinking BPC BOD by just batting his eyelids must be worth at least a B-list, some might suggest A-list if those ex-CERP puppies grow into glorious St Bernards LOL!

Rumour has it after the Mersey pension fund came on board hats were issued at the town hall with the slogan - ' BPC - Wirral in it to win it ' !

Arry - I'm predicting Merseyside Pension Fund is the first of many - they own circa 2% Arry!

dpend - unfortunately you've touched a nerve for rossannan- any talk about ex- CERP assets is clearly ' torture ' for him !

He thought he knew better than Koot the CEO at CERP, plagued the BB with his obsession for close to a year - Koot made a monkey out of him and he can't get over it !

He obviously now thinks he knows better than the PRD BOD who recently offered $1.75 million for the TI field - quite a bit for a ' torturously slow sideshow sideshow within a torturously slow sideshow ' ( rossannan I would have put that in my book if you'd have made it catchy ! ) !

He fell out of love with TXP BOD and sold at around £0.18 - now they're over a £1 - his feet have more bullet holes than a Swiss Cheese!

Lastly he thinks BPC board were suckered into buying CERP by Koot - I'm thinking he's confused Koot with Kaa from Jungle Book !

dpend - good to see formalities continuing to be progressed on this ground breaking CO2 injection project on Trinidad. PRD are bearing the costs in return for a share in the production and results so far have been encouraging for the asset belonging to CERP/BPC that PRD recently offered to buy for $1.75 million.

For trolls attempting to promulgate the notion that CERP assets are almost worthless these updates from PRD are an inconvenient reality check!

Spacetomato - lettuce pray it continues!

I've been warning readers here rossannan is capable of putting together a reasoned post and is prepared to play the long game so can take in newbies easily !

Petrodollar - I never publish information on my personal trading and this frustrates trolls like Irene and 12bn who have both been guilty of fabrication because they clearly lack the intellect to successfully debate actual posts I've made which are all in my LSE history.

Irene like so many others has the ability to erase facts from history when they don't suit the argument - she told us that Saffron would produce no oil - not true ( according to dross email it's still producing NOW ) . Fact is the SP more than doubled post Saffron rns which deramper Irene told us would be a failure - difficult to know why a troll like Irene would make the claim ' derampers have consistently called CERP correctly over the last 3 years ' when it's so easy to drive a coach and horses through such tosh !

At least troll rossannan has an alleged agenda which he puts out there for scrutiny - no one knows Irene's agenda - unless it's daily embarrassment!

Petrodollar - just refer rossannan to my LSE posting history - saves putting everyone else through it again !

nlondon - you beat me to it - did you know that rossannan did the disappearing walk of shame after his stunt with the phantom placing - presumably he thought he'd start with a clean slate on BPC many months later!

rossannan- ' Any arguments in the stands will have no bearing on that outcome. Anyone who thinks otherwise is probably more likely than most to lose money because they are more focussed on BB chatter and are failing to look closely or objectively enough at the bets they are making. '

It won't be lost on ex- CERPers that you shouted loudest and most frequently for close to a year, FROM THE STANDS, promulgating your tosh about Koot's phantom placing - what strange behaviour from someone claiming it will have no bearing on the outcome! That you were thwarted is testament to the band of posters on here that called out your tosh akin to playing round the clock whack- a -mole!

' Anyone who thinks otherwise is probably more likely than most to lose money ' - no tears from me over any money you've lost - clearly you should follow your own advice to make money - stop posting your tosh on here !

GarryGraham - there are a few paragraphs in my book dealing with a troll who suggested that LGO/ CERP was a huge fabrication - posters tried the usual helpful suggestions alluding to the fact that the accounts were audited etc but this cut no ice - in the end I challenged him to up the stakes to suggest the government of Trinidad and Tobago were also involved as they are in ultimate control of the Production Sharing Contract through Petrotrin ( now Heritage ) - they publish monthly stats through MEEI ( Google Trinidad MEEI publications) which include a column on PSC production. As CERP own most of the PSCs in Trinidad the figures should bear a relationship with the official accounts produced by LGO/CERP. Additionally Petrotrin sent a representative daily to Goudron to measure tank oil - he was affectionately known as the daily dipstick!

Obviously Irene isn't knowledgeable about these matters otherwise she would have helpfully included the above information!

I don't claim historic knowledge of BPC so I can't reconcile their oil production over the years in the same way but I'm pretty confident that they've not been over extravagant in their bopd claims - it may be a bit remiss of me not to check any historic claims they've made but I must confess I have, perhaps foolishly, relied on BPC merger rns info where they stated one of the reasons they wanted to merge with CERP was so they could show SOME PRODUCTION which implied they had none - didn't those rns raise a red flag with you Sherlock?

In my epistle to LayLadyLay the other day I asked him, jokingly, to produce evidence of an unsuitable investor - I hate to say this but I think you come very close Garry - I don't give buy/sell advice Garry but think of your children and your blood pressure mate!

LayLadyLay - many thanks for your tribute - you've pitched a good skeleton for the book and I may now have to mention you in the credits !

Will BPC strike oil you ask ? That indeed is the billion dollar question - the roulette wheel has plenty of spins left before the big one - i don't believe that anyone is inviting Post Office Book holders to the casino but at least when the house rakes in the black chips if the winner is red on the P1 drill the losers will get a rossannan inspired ' copper bottomed ' complimentary CERP shirt which many now believe will ultimately be worth as much or more than their original stake - at those odds I might switch from black jack to roulette!

Star - well done for that addendum on Suriname - Koot had a smile on his face like a CHESHire Cat after a bowl of cream on the video announcing that deal - I believe Koot's grandparents spent many years out there and he's got more passion for their recipes than Nigella!

No surprise that the final deal you've detailed is akin to going Dutch on a first date ( although I doubt anyone's tried that with Nigella ! ) .

SERIOUSLY rossannan you'd have to value CERP assets as NIL if you didn't think they offered ' some kind of a safety net ' - you're entitled to believe that yourself but good luck convincing readers here - if CERP assets are so awful why do the drill team for Saffron 1 want to drill Saffron2 at their expense in return for a share in production - NO PRODUCTION MEANS A SHARE OF NOTHING . Why did PRD sign up to pay the development costs of CO2 project on TI in return for share of production ? Why are Heritage offering Enhanced PSC to CERP on Goudron ? Why waste time trolling CERP when you could have 5 bagged TXP if you hadn't had a hissy fit cos the management didn't perform in accordance with Fantasy Oil & Gas Manager moves?

Star - I'd like to congratulate you for all the work you've put in on this board, particularly since the merger . You've had to contend with some die hard BPC dissenters who didn't share their own BOD enthusiasm for the merger plus the invasion of CERP trolls, many of whom have their own distorted version of CERP history readily to hand!

You started out from a base where trolls and dissenters were arguing CERP assets were virtually worthless - now even worthless troll Irene is suggesting they could be worth 0.5p in loss making form, which nicely sets up the debate for their value should they produce say £15 million a year ( cue slide 21 ! )

The trolls are getting more and more desperate here - even rossannan is talking about copper bottomed CERP assets - people have to ask why are these trolls so desperate to discredit CERP assets - they don't seem to have any answer as to why the drill team on Saffron 1 were prepared to drill Saffron 2 at their expense in return for a share of production do they?

Keep up the good work Star - you're winning and they just don't like it !

Garry - I thought figure skating would be more your scene - you're up there with Rocket when it comes to the Triple Saichow !

Yes great posting Star - solid, referenced information - contrast with the trolls on here who lack the technical knowledge to dispute the numbers, which have come largely from BPC. Best the trolls can come up with, collectively, is I don't believe it ! ( I loved that Victor Meldrew character but even Victor eventually passed his sell by date - haven't heard from troll 12bn on ADVFN for over 2 weeks - was it the last throw of the dice to send in LayLadyLay yesterday? ) .

LayLadyLay - many thanks for your submission - unfortunately it falls woefully short of the high standards required for ' Cultural Learnings of in4cedros for Make Benefit Glorious Columbus Energy ' upcoming literary gem but my public relations director did suggest that talent like yours should be let down gently by damning it with faint praise and indicating that it would stand a much better chance in the self publication market under the Fiction rather than Non - Fiction section!

Do not be downhearted LayLadyLay as you will certainly be getting a mention in the book - you will not be surprised to learn there is a catchily headed chapter ' important Message from the Financial Conduct Authority ' where I discuss what may constitute market abuse giving various examples - including where bulletin board members post alleged knowledge of Placings on a Friday for the following Monday causing alarm and likely panic selling by shareholders! Other variations on the Placing theme may not violate the law but are certainly loathsome, particularly when associated with ill judged requests for cash donations in return for agreed posting refrain !

The record will show that Ritson almost bankrupted the company - I remember you suggesting to shareholders at the time they were likely to be wiped out - fortunately most hung on and some are still here prepared for the adventure of a lifetime in oil exploration with glorious BPC. Ritson was reckless because he ploughed on regardless with a drilling programme using borrowed money where repayments were predicated on moderately successful production which was not achieved - pausing to assess results after each well would have led a reasonable BOD to cease the programme at a much earlier stage to preserve shareholder value!

Enough of this history - my learned friend Chesh has posted today ' This share is very high risk. Everyone who has invested in it who has at least one brain cell knows that including me but it's fun while it lasts ' . I know that you like to represent the alleged Post Office Book investors who've somehow had their accounts converted to BPC shares without knowledge of the risks involved and that fantasy suits your trolling agenda but really LayLadyLay is it plausible - show me an investor who's in that category - be quick - I'm not accepting entries after the spud from bad losers LOL!

Regarding CERP asset projections from BPC the company must defend their figures but those investing in a high risk share like this should be aware that a projection is not a promise ( BTW I don't recall Koot PROMISING 500 million MC after 5 years - he certainly had it as an aspiration though! ) . I'm happy to acknowledge their projection is based on Saffron 2 success and consequent scaling up together with progress elsewhere so if Saffron 2 falls short of expectations the projection should be revised - isn't that just common sense LayLadyLay?

Have a great weekend - Stay Safe !