Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Chri your post 21.32 is interesting : Especially this summary: 1) BMD took £50k sanctioned by Clem not the £1 he originally stated 2) BMD and Chris O manipulated the share price via social media thru lies and false statements to deceive investors to their own ends 3) BMD failed to give legally required information when he took position in order to deceive investors 4) assets and prospects were highly exaggerated by the now current board to manipulate the SP" Yet there still , for some unknown reason, many think BMD is some sort of Robin Hood folk hero type who saved SER. What did he he save? He used SER for his own financial gain and all this talk 11 months ago about working for shareholders was just rubbish. His friend Jim Mellon's name was used to promote BMD activities. Mellon was later to say he only met BMD once and did not even know what SER did. BMD jumped ship. He is no folk hero. If SER has a future why did he dump all of his shares before suspension?
Supershare Referring to Mr Levi you state " So what he did not tell everything about his past, he still did everything he could to help this company and help us all." The last two words (us all) should be deleted and replaced with the word "himself" Those posting VIVA xxx are a sad lot. Time to move on. You have been fooled and BMD, having sold out without any fanfair, is the one having the last laugh.
You talk about others on this board as being "losers". Well the real loser is actually you, as you cannot sell your shares in SER and the company is virtually worthless. Same applies to Irish Gal, HeresHoping, ST, JAS123456 and loads more. It is a FACT that you cannot sell your SER shares. Sorry guys, you are the real losers. No matter what way you spin it you have lost your money. I do not like to see anybody lose money on shares, but SER has been a dog. Even BMD jumped ship. Why? CJ can write his blog until the cows come home, it will make no difference at the end of the day. Smell the roses guys. You should listen to audioboom more often
KK you are correct in what you say. Posters who resort to abuse are born losers. HH has 30 million shares, and likes to use big words,. In the case of JAS123456 you will be given a free medical assessment and ST just knows it all. They can VIVA all they want but at the end of the day it is more than likely their investment in SER will be worthless.
Happy Christmas to everybody and remember peace and happiness is the very best thing anyone can possess.
As you say yourself wake up and smell the coffee. You have almost certainly lost your money. Just move on and stop blaming others for your very unwise investment decisions. You made the decision to invest in SER, and nobody forced you to part with your money.
Reproduced below is the most intelligent post since the AGM. As regards the "90% vote / ViVA CLEM" brigade , your posts are amusing. The only alternative was to wind up the company. "So apart from an awful lot of exclamation marks, shouts of "shocking" and tasteless and bizarre accusations of rape, seemingly all that has happened at the AGM has been talk of the recent decline in the cash assets of the company. Jossy's "shock" resignation had been pre-announced in the RNS of 23 October. I am not sure if settling outstanding invoices, even if from consultants and PR companies, can or should really be likened to sexual assault. As for the future, nothing except vague talk of undisclosed plans that will (yawn) need to be kept secret from the shareholders for an indeterminate amount of time. Presumably the new BOD see something of value to make it worthwhile organizing the swamping of this BB with their cheerleaders, but I can't for the life of me see what it is."
"In actual fact Sefton Resources (LON: SER) are in a far better position cash wise & asset wise. They actually have about the same cash if you unwind the ridiculous UTAS JV and they still have Kansas and several gas pipelines." reso. BMD was a director of SER for awhile and he certainly does not think that Kansas is a liability. He has made no blog comment as to why he has bailed out of SER. I wonder why. Perhaps ST/CJ/KK/CB could answer this question.
BrokermanDaniel @BrokermanDaniel · @jimmhk Like to state for the record. How much we all at #SER owe Jim Mellon. A true share-holder champion.
Why has LSE deleted all posts made by simon templar/CJ/KK/CB and his many names?
If anyone is unaware of the Sefton resources story,Here is a link to a good article from The Independent Newspaper. http://ind.pn/1M19Yp4
Maybe SER wanted to conserve cash and not waste money on an RNS. Their web site will be used more to communicate with shareholders as it is basically free. Several others have asked what has SER to offer(post AIM listing) to potential investors. There are several other cleaner AIM , oil related shells, around that appear to be more attractive than SER. I would like ST to answer this question in a rational calm way.
I'm ok if there is no RNS until the 29th Feb. And if there is a fund raising, so what. That failed investor, ex criminal, who wrote a nasty piece about CEB, warns about a placing. So what Mr, ex criminal, Blogger if there is a placing. You cannot comment on a placing until you find out why the funds are required. You are no GURU, You are just a washedup up nobody
12.31 there's going to be a 0.8p placing 16.21 I'm not saying there will be a 0.8p placing. But U did say. LOL
"Friday 2nd Oct 2015 “We Have DW the most respected CEO in Indonesia fronting Ceb”.
Shareprophets 23rd Oct 2015 "I am a supporter of CEB Resources and would like to see this company do extremely well"
More on the PTAG agreement. Remember DW is credited with being the driving force behind the gas industry in Indonesia. "Under the terms of the agreement CEB and PTAG will undertake a technical evaluation of the gas production potential of the Tuba Obi East Technical Assistance Contract (TAC), along with surrounding undeveloped gas discoveries to provide a detailed assessment of potential opportunities in the region. Key features of the TAC identified during the initial screening and evaluation process include: Multiple oil and gas discoveries within the block; Ongoing oil production via existing facilities; Gas productivity tested, yet undeveloped, in two different reservoir zones; Exploration prospects and leads within the TAC; and Additional undeveloped gas tested in multiple discoveries adjacent to the TAC.
CEB Resources has agreed with PT Akar Golindo (PTAG) to assess the technical and commercial prospects for gas production in Indonesia creating a beach head into the the country’s gas and power markets Under the terms of the agreement CEB and PTAG will undertake a technical evaluation in and around the Tuba Obi East oil and gas concession in the South Sumatran Basin. They will investigate the potential to sell the gas directly to the Singapore market, via the major transmission gas pipeline, about 12 kilometres away. Alternatively there is the opportunity to monetise the gas via the construction and operation of an independent power plant, selling electricity into the Sumatran power grid. Isle of Man-registered CEB said that a Sumatran gas project secured a long-term gas sales contract at $9.45 per Million British Thermal Units (MMBTU), which is amongst the highest gas prices in the world. Demand for electricity continues to rise sharply with the country’s electricity provider PLN setting the ambitious goal of increasing supply by some 35,000 MW over the next four years. With only 9,000MW having been firmed up thus far, CEB believes investment in this sector is particularly attractive. Managing Director David Whitby, said: “The Tuba Obi East study agreement is instrumental in the realisation of our long-term strategy, representing a beach head into the attractive Indonesian gas and power markets. This initiative complements our oil studies which are progressing very well. Source ; https://www.energyvoice.com/oilandgas/86591/ceb-resources-creates-beach-head-to-indonesian-gas-and-power-markets/
doubleup This arrangement is excellent for cash flow. Indonesia wants to expand their oil / gas , industry in order to meet increasing demands. DW and his experienced team who have operated in the country for over a decade, CEB could be huge.
The AVERAGE of the 14 predictions (post 19.43) is 2.79p This would gve CEB a mkt cap of £20.036M. Given the fact that the asset purchases may be self financing, a market cap of £20m is not very demanding with a sp of 2.79p But we need to see the quality and terms attached to any asset purchase before making realistic predictions . What will be the BOPD to CEB. There is plenty of scope for a major increase in asset values when you bear in mind that the price of oil is at such a low price. Low oil prices will not last forever, and say 40% every additional £ earned from price increases will go straight to the bottom line of the balance sheet.. I am glad that all is being sorted out while the shares remain suspended.