Member Info for jono44

Looks like production is declining quicker than it is being replaced.

6th Sept rns, Operations Update still missing on here, wonder why, but here's a link.

https://www.londonstockexchange.com/news-article/UOG/operations-update/15123303

First thing to see is that H1 production averaged 2700 boepd, so what's going on.
It does give some indication.
If anybody hasn't read the rns they should for their 'dyor'.

CT,
Think you are correct with your calcs or not far away and it does explain why sp is falling.

No chance they will admit this to a pi thru email and hoping that AJ-13 is a success so the figures look reasonable, if it's not will it be a different matter.
Without doubt average daily production is falling and new wells don't seem to be able keep production levels constant.
They're going to spend a few bob in 2022 on new wells so let's hope production levels stop dropping and the new wells actually raise daily production.

Don't think it's crazy cheap for no reason.
Something is amiss this shouldn't be this price, so what's going on.
Is it falling production, placing,jamaica something making it fall, but what!

Yep well and truly gutted but the good ship has raised anchor and has cast it's net ready to land the next batch of unsuspecting pi's and once they reach harbour and are safely onshore them its themsame old familiar words.

Oh by the way we forgot to mention !!!

Good luck shs

She,
One of my points is you don't get to see all the info, just enough to reel you in.
There not 'eliminating' others, not my word, for your good.
Not enough to go round.

She,
Ceg cannot pursue wildcat drills again, so that was never going to happen anyway.
The only process they want to complete is the payment of salaries at the end of each month.
They have no loyalty to shareholders and really don't care as Shareholders come and go so why should they.
Realise what the fundraise is really about, they're losing money, they will spin a yarn about what they are going to do, again, to get the fundraise away.

Good luck

Just watched to interview on proactive, no doubt malcy busy typing his ramp as we speak.

But eytan is unbelievable and that's what people need to understand.

So
Going to recapitalise, again
Going to restructure, again
Going to become a new company , again
And we need to refinance, again.
We need to increase production, again.

Don't get mislead , again

In4 sorry but no credit for failure and residing over the decimation of shareholders hard earned cash.

The latest rns,interviews etc are only to entice more pi's to hand over their money so that the bod can continue in the lifestyle they have become accustomed to.
The fundraise might not include retail investors directly but it will be ramped to sell to them over time until the next time and then reset number 5 or 6 comes along.

Just how many times can eytan restructure, reset, rebrand bpc with the same old, this time it will be OK scenarios.
How did the last reset turn out, well they are still picking up their salaries how did shareholders do!
3.5p to 0.6p.

Good luck, dyor

groove, doris is a clown who ended up running or should I say ruining our country, and its doris who is at heavens gate not starmer.
Country need a leader not a performer

Wow 'credit where due', are you serious!

Typical Johnson saying that sadly one person has died WITH omicron not FROM omicron.

There's a massive difference and massive implications, and because it's Johnson we don't really know if he knows that what he has stated is correct.
if Starmer has said it we would know that it was not from omicron but with omicron but coming from Boris we can't be sure he knows what he's saying,
eg *no rules were broken* of course not, did he really believe we would believe that
The sooner he goes the better, and all his cronies, conservatives need a clearcut for their own good and ours.

Thought this was supposed to be heading for £20 not £1 or most likely £0.

Where have the rampers gone ?

Investinggenius and his twin techguru91, anyone motice how they always posted together and wrote the same way!

IG hasn't posted anywhere for over a month and not on uru for over 2 months.

Watch out when they do reappear and stay well clear of any investments they post on.
In fact they could do everyone a favour by posting as that would be a clear red flag not to invest in the company they are ramping.

Good point, they will probably squeeze every last penny they can get until creditors pull the plug.

No word from Starchild and his alleged engagement with senior ceg execs, you would think that after posting daily for over a year about how great bpc/ceg were he would at least throw a few titbits to the people who took his advice and invested here.
Has he abandoned them!

This has been falling slowly since March and I think that it was due to the fact that production was falling in some of the older wells but being propped up by new wells coming onstream but not enough to stem the fall in production.
Could the same still be happening and do some know this and is it the reason for the continued fall in sp.

Larkin lost a lot of respect from pi's with his massive wage increase for himself and others and now with the sp falling weekly needs to step up and earn his salary and not become just another ceo of an aim lifestyle company.

I

Next stage of jz's plan complete.

This was always his intention and next move will be ceo, Isaacs is only keeping seat warm.
Next stage will involve uru going b... and creditors picking up spoils and we all know who the creditors are and by the way pi's will get zilch
Maybe get another 14 years out of Canadians paying wages.
All, part of plan don't be fooled.

RR definite long term hold.
If sp drops from here it won't be much or for long as it will be an opportunity many will take advantage of, myself included.
Big gap in long term chart will get filled one day, just sit tight and take advantage of any drop in sp.

Got to agree that the sp here will rise substantially but not until the recent
placing participants get there 10% which is were we are now £ 1.27p.
Once that stops price will start to increase but until then any good news might get sold into.
So can't see price dropping much more, so patience and resisting the urge to sell best strategy now.

Wouldn't be surprised to see potter leave before end of November.
To be followed soon after by administrators being appointed.

I thought that ceg could only issue another 750m shares.
If that is the case then at 0.5p that's only £3.75m.
Not even enough to drill S3 but enough to pay wages a bit longer.
Won't even touch paying off any debt.
Reality.