Member Info for LGO-fan

they are not making and serious money,
they are though investing an awful lot of money...
how on earth is any other than placings, placings and more placings possible?

It’s about making sure the size of the organisation is proportionate to the revenues it generates, and making sure the P&L looks healthy. So, yes happy with one guy making good money, but not with a over staffed outfit where far too many costs far too much vs the revenues they deliver. This is all just basic common economics. Don’t understand why this isn’t already done and why this even needs to be debated.

this company needs to right size. stupid high sg&a vs net revenues. This company does not need a chairman and a CEO....Oh and a CEO for US-operations. There are pubs in London with higher revenues. Cut away the CEO

https://twitter.com/Columbus_ERP/status/1185139389099319298

indeed! Those who receive $ from him tend to feel differently...

agree it’s a one of those trading shares. that’s it.

maybe he means net revenues! hahahaha

Hope this PQE thing comes good but remain sceptical. That 400bopd is still a far cry from that 1000bopd we have been hearing about for so long. It’s a worry that this level of production isn’t progressing faster; last. number I seen to recall was around 500bop (?) so what is going on. This is so capex intensive this isn’t going to fly at these level of bopd imho.

sorry if I made you guys jump...but why don’t they simply issue a Q3 RNS...,that should hopefully clear up the air re H1 net revenues and show production. Could time to add CPR and next steps too, would be nice, but Q3 revenues are crucial to communicate

evidence should be asked to everyone: to those who post negative opinions, but equally from those who post positive statements. I am sure Helpful agrees 100% to that too

PQE, is back at 0.22....rinse and repeat

My word....imagine having to put that on your resume !!

very happy with Suriname deal: new acreage, new potential oil production, low cost and NO PLACING which usually happens to finance an M&A.

Only fools think an M&A would shoot up the SP instantly. Usually the sp of the company acquiring tanks, and sp of the company being bought rises.

* wolves (or “a” wolf)

I can see why you say this. However, watch-out is my advice. Having read up for many years on different BBs, some where I post, others like you where I simply never post but only just read, I have started to see there is often a similar pattern occurring. Usually one posters positions him/herself as the "wise" one. That poster will spend hours sharing information to the wider audience, and after a while gains the respect, admiration of many. Often that posters claims to have inside knowledge and/or information that no one else possesses, and certainly not us minions. That person has gained that information after supposedly working many hours, days and weeks on researching "facts for the many". That poster gains the trust, manipulates and people get sucked in.

"Beware of wolf in sheep clothes",on AIM gets translated into "beware of posters claiming inside knowledge, signing off with DYOR".

That said, DYOR!

you think he somehow gets paid for it? Is there a link between him and AOGL ?

so on our current production you reckon we will make $50 more? Or is it $51?

VSA Capital Market Movers - Columbus Energy ResourcesVSA Morning Flow Test, 10/10/19Columbus Energy Resources (LON:CERP)Columbus Energy Resources (LON:CERPN) has provided an update regarding the La Lora Concession in Spain which affected the company’s Spanish subsidiary, Compañía Petrolifera de Sedano S.L.U.Columbus Energy Resources PLC - VSA Capital Market Movers - Columbus Energy ResourcesVSA Morning Flow Test, 10/10/19Columbus Energy Resources (LON:CERP)Columbus Energy Resources (LON:CERP) has provided an update regarding the La Lora Concession in Spain which affected the company’s Spanish subsidiary, Compañía Petrolifera de Sedano S.L.U. (CPS).In November 2018 CPS received notice from the Spanish Government that it should commence the decommissioning of the Ayoluengo field. As previously announced, the Company was expecting the Spanish Government to re-tender the La Lora Concession and had been waiting for the re-tender process to begin since January 2017. At the time of the notice, the Spanish Government gave no reasons for its decision not to re-tender the La Lora Concession.After evaluating its options, CERP has now lodged a claim against the Spanish Government to recover unnecessary and avoidable cost which it incurred from February 2017 until October 2018 before the re-tender process was ceased. Total incurred costs amounted to €919,192.96 which CERP is looking to claim in full whilst not expecting to incur any material costs in pursing the claim.We reiterate our Buy recommendation and target price of 21.6p.

Good luck Stalin123, wherever you invest. Hope you make a decent return !

“IMHO looking good”

Is he referring to his paycheck maybe? Maybe he was surprised at the price per post he gets? Who knows, time will tell I guess.

Oh, I mustn't forget....DYOR (makes me far more credible now)