Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Columbus ERP‏ @Columbus_ERP � 20m20 minutes ago �From its core #Goudron field asset, #Columbus is #cashflowpositive from operations and aims to create transformational growth by developing its portfolio in the South West Peninsula #SWP. Find out more in our Annual Report for 2017 here: https://goo.gl/FBt8XD
The UK Investor Show presentation has now been added to the website https://columbus-erp.com/investors/reports-and-documents/
Is all oil currently produced through the water injection pilot classed in the monthly oil production figures? We are not yet attributing additional oil to water injection responses. The oil increments to date are from well stimulations and reactivations. Some of this planned wellwork was also targeted to provide the additional produced water and has resulted in welcome incremental oil. How long would you anticipate before this is effective and in turn increasing the oil output? Responses to individual injection point pilots that deliver oil output increases will be gradual with peak gains taking months depending on interwell communication. In the recent RNS, it stated that BWPD has increased by 1000 and this is therefore available for water injection pilot work. What was the previous volume of water available for water injection and at what stage do you anticipate the additional full 1000 BWPD being used in the pilots? Additional injection volumes will shorten the time to gain interwell connectivity information and allow multiple simultaneous pilots to be run. To date injection has been in the range 300-500 BWPD. Some of the increased produced water volumes are available to inject immediately. Other volumes require additional low cost tank storage to facilitate and the 1,000 BWPD will be utilised during the course of 2Q18.
Malcy did correctly put Euros, it's LSE that automatically change it to a Pound sign for some reason. Read it from his website directly. http://www.malcysblog.com/2018/03/oil-price-sdx-energy-plexus-holdings-columbus-and-finally/
Columbus Energy Resources At long last it looks like CERP are closing the La lora Licences in Spain which will reduce costs substantially, having been paying �60,000 per month they will from now on be paying only �15,000 per month. There must be something in there that has appeal as the announcement goes on to say that following the imminent closure of the concession they are expecting the Government re-tender exercise to commence in Q2/Q3 of this year and it is the company�s intention to participate in such an offer �and is open to bidding jointly with a partner�. El Dorado indeed beckons for Leo Koot, the Golden Man of the sector�.
I see both Leo and Gordon will be speaking at the UK Investor Show on 21st April. I'm sure they'll have lots to talk about. https://www.ukinvestorshow.com/speakers/
http://www.proactiveinvestors.co.uk/companies/market_reports/179262/lgo-columbus-energy-reboot-comes-into-effect-on-thursday LGO Energy PLC’s (LON:LGO) much talked about reboot officially comes into effect on Thursday, with the name change to Columbus Energy Resources Plc. New chief executive Leo Koot is steering the ship to new opportunities, seen in South America rather than the West Indies, where the group’s core assets presently are. “I am excited about the inherent value that I see in this business and look forward to implementing a strategy to unlock that value,” Koot said last month. “The company's current asset portfolio is strong, we are growing our production and generating cash. “We are seeing ever more investment flowing back in to the sector. These are excellent fundamentals from which to grow the business.” The shares start trading on London’s AIM market under the new name on Thursday morning. Columbus will, meanwhile, pitch the group’s new plans at a re-branding launch event in the City.
malcy on audioboom Today 14:01 I think this may interest Sound shareholders - but was very much in two minds to post here - so apologies if this is not for you. I have not invested in Echo - but have just taken a small punt in LGO energy. They have a new man there - Leo Koot. Like JP he is ex-Shell. He is re-directing the Company towards S.America. Malcy is suggesting that Echo may take a 30% stake in another company. In the same audioboom broadcast (today's ) he suggests LGO may seek 30% financing from another company. Not hard to add 2 + 2. So for Sound investors who missed out on Echo, this would seem like a cheap way to get in through the back door (maybe with Echo and LGO to merge eventually? Or Sound to buy them both out?). That's why I posted on this Sound board. Hope it's of interest to all.
Malcolm Graham-Wood @mgrahamwood · 4m4 minutes ago Replying to @jpbutler7 Yup v impressive just ran out of space. I think investors should watch this stock v carefully and potentially go in soon
Malcolm Graham-Wood @mgrahamwood · 11m11 minutes ago Just met with Leo Koot and Gordon Stein of LGO, for usual reasons I have never covered this before but Koot might change everything, v impre
Latest energy map of T&T 2017 http://ngc.co.tt/wp-content/uploads/pdf/publications/Energy-Map-of-Trinidad-Tobago-2017.pdf
Competitive bid round - nomination process brochure. http://www.energy.gov.tt/onshoreoffshore-acreage-map-brochure/
It's nothing exciting, just market makers "clocking on" for the day. Until they all do, it shows the prices of those who have. Ignore any pre open price.
Or here if the 1st link doesn't work https://www.youtube.com/watch?list=UUoUMRU8sU7I1dgLW8YcW1gQ&v=_Q51i4rvo5w
Leo interview on Sharetalk http://share-talk.com/video-channel.php
LGOEnergyPLC @LGOEnergyPlc · 33m33 minutes ago We plan to take stock, look at the opportunities and come up with a plan as to how to best deploy capital." LGOEnergyPLC @LGOEnergyPlc · 33m33 minutes ago “Just in the first two weeks we have come up with 15 opportunities to build capital” - Leo Koot, Executive Chairman
Q's from "TheNorth" from the other site "Jcg- I'd like to know what happened to the storage tanks and LACT meter do we actually have them where are they? Will they be used?? What is the latest on the upgraded pipeline that was installed? I assume these were put in place or actioned owing to the then presumed increase in production? I'd like to know the latest on BOLT? In addition where is the finance likely to come from on any acquisitions or drilling? Spain - how much did we get for the oil produced there and was it all sold successfully? Will there be any future thoughts on a share buy back scheme to reduce the amount of shares in issue. What are we doing with the Ariel information that we paid for had it given up any potential sweet spots?"