focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
I like this bit, JV with large state oil co.. I do not recall him mentioning this specificially in the podcast. DW is an oil & gas man, but I think he like the great gas potential in Indonesia.He is the major force behind the Gas industry in Indonesia. And remember they were waiting for M Slamet to work out his previous contract before joining DW. Slamet is the local expert with the government contacts. When you think of it the "team" DW has assembled would be the envy of many an oil & gas co. Look forward to the new appointment, for which DW is quite excited. "The third asset, for which the Company is considering making an offer, would be a joint venture with a large Indonesian state oil and natural gas company."
Rdog. Be honest! You do not feel sorry for the shorters. You are delighted. LOL
MamaKamara Do not go down that road. The bit at the end is a standard announcement in the event of no transaction within 6 months. Absolutely nothing to suggest that this will be the case in CEB
The RNS covers all the points that were made in the podcast. I am glad that the shares remain in suspension. Important that all the major asset news, name change, appointments etc etc are in the public domain at the same time and that the share is not subject to rumours ,true or false, that may be put out by bloggers / twitter / BB's etc. I would feel a bit uncomfortable if I had an open short out on CEB. (Was it actually possible to short CEB ?)
Schroder. On Monday after the RNS is issued, you will be regarded as a hero or an idiot. I somehow suspect that it will be the latter. No doubt you will be gracious enough to post your view on the BB on Monday, irrespective of what news the RNS may contain.
CEB Resources plc is an AIM listed investing company focused on investing in and/or acquiring companies and/or projects within the natural resources and/or energy sector with potential for growth. The Company entered into an agreement on 5 June 2015 whereby Corsair Petroleum (Singapore) Pte Ltd ('Corsair'), agreed to assign to CEB its participating interest in a vehicle that intends to consider and, if applicable, invest in oil and gas concessions in Indonesia. Over the past 18 months Corsair has identified and screened over 60 opportunities, high graded 12, and a detailed technical and commercial evaluation of 9 potential asset acquisition opportunities is well advanced. The strategic plan is to target short-term cash flow from existing oil production and long-term value assets particularly focussed on the Indonesian gas market, where pricing is high relative to other gas markets. A farm-in offer for one asset is now under consideration by its existing owners.
I was surprised to see the positive article from Ben Turney. Also TW is changing his tune. Even they know good news due very shortly
Start at 9.24 http://www.sharepickers.com/mysquar/
Tellingporkies Will you please answer the question in post (9.26)
Tellingporkies. "I wish the SP would one day match the hype about this share" Can you tell me, in your opinion, at what price would the SP need to be at in order to match the hype?
Tellingporkies that is a very strange post. Weird in fact ! You are a shareholder but are not happy being a shareholder. You can sort out your dilemma by selling all your CEB shares today. Surprised you own shares in any company. Why the heading FFS? .
quite possible