Member Info for jono44

Thought I'd change subject heading, will have to do the same tomorrow as no doubt BurrenBoy's opinion will have changed again.

Zag,
Can't argue with that and he's right o cue after yesterday's proactive interview.
Expect Willec before Monday.

How about point 10

Bod take 95% pay cut so that they could really align themselves with shareholders.
That will never happen either, just nonsense on my part, but I know it.

Point 6 for example.

SC,
Just read your post and I'm just sitting shaking my head at the utter nonsense that you've just written.
All your points are nonsense except point 3, liquidation.
Take point 4 for example
Why would a local firm pay $4.8m to drill S3 when S1 and S3 were duds, doesn't make any sense whatsoever.
I could say a lot more but you or one of your lackies would get the post remove and probably will anyway.

Thinking maybe Willec has morphed into BurrenBoy.

How many resets does this guy want.
Absolutely amazing.
S2 not producing.
Obviously can't get funding so this is his way of saying massive placing coming at massive discount but don't worry shareholders we are going to reset the company again for the umpteenth time so all is good, oh by the way we will still need our wages and bonuses thanks, and if you don't mind taking part in the reset it will be much appreciated.

Expected this to hit £2, disappointed it has fell back, hopefully just a bit of trading and it goes back up.

Not stating bopd inclines people to believe it must be declining because if it was increasing you can be sure they would be shouting from the rooftops.
Where's Willec by the way?

Well if your correct then that's another $2.6m that ceg might have to payout, which I don't think shareholders were fully aware of.
Very poor show and unfair on existing shareholders not to be made fully aware of this, especially as some have been topping up.
But that's what can happen with Aim listed companies.
It's sometimes more important what they don't say and that's why dyor is so important.

Bohemia,
Found this :.https://www.boe.es/diario_boe/txt.php?id=BOE-A-2021-13154

Does it relate to your decom in Spain as this company is stated in annual report as indirect holding

Compañia Petrolifera de
Sedano S.L.U.
Spain 100%
Oil and Gas Production and Exploration
Company

FC,
Enjoy your day, but watch out for any of those dodgy geezers.

Thanks Bohemia,
Did see same page but was 7/8 in reg news link on ceg.
But I still,can't see how the $2,6m provisions can be attributed to la lora.
Bit vague, but that's probably the idea.
As usual with Aim companies like ceg.

Fatalcharm,
Great Post.
Dodgy geezers nicked the data, classic.
Are you in The Henty by any chance.

Bohemia,
I only got to page 11 of 11 where is p12

Page,
What about the Spanish decommissioning that Bo referred to.

Bohemia,
Could you shed a bit more light on your comment about Spanish decom.

Page ,
I was surprised and I know you believe in your own judgement and have always posted fairly in defence of your position.
But this could go lower and don't be under any illusion it might go bust.
Just thought that there are much better prospects out there.

You state Bo's post is inaccurate, care to share why.

Page,
I'm surprised you bought more shares in ceg today, but you're money your decision.

Looking at ceg today ( and for me months ) ceg is uninvestable.

They don't have any value other than the declining production in trinidad, in fact that is pretty worthless as well.
They owe far to much money to other companies and governments, no matter what kind of spin they put on it, which they cannot repay.
They are in desperate need of funds, and that very rarely works out for pi's.
If they don't get funding sorted it will be curtains.
The bahammas is a story to be retold in every rns.
Uruguay nothing
Suriname nothing
T &T looks a complete failure.

Why would you seriously invest in ceg when there are other companies out there that are investable, especially ftse 100 companies that are on the rebound, you get the same returns if a ftse 100 company goes up as in a penny stock.

Anyway each to their own.

Section DTR 4.2 in the FCA handbook gives details of half yearly financial report requirements.

I agree with Antha insofar as ceg will most likely ask for a temporary suspension if no news is forthcoming before 7am Monday.

Don't see how ceg could just post their interims on their own website as there are rules in place for corporate reporting and because of covid the deadline was extended from 3 to 4 months from their financial year end date.
No don't think publishing interim reports on a website is acceptable.