Member Info for LostAllMyShirts

Well I would definitely want to be Etu Energias and NOT Energean. Etu Energias will be able to make a massive profit once they get the Shares, which they will. They are local company and will have good contacts etc.

@custardpot Probably correct. Anyway I shall stuck to the "camel" and see what happens. They must have the usual duty to the Company and Shareholders to do what is in the Best Interests of the Company or face possible problems from a litigious aggrieved shareholder.

Https://finance.yahoo.com/sectors/energy/articles/supply-risks-building-beneath-surface-213025744.html

@stewart3250 Yes for sure. The ONLY high price we need for Oil is one that comes from Economic activity, Not war's. The ONLY thing is that Countries will start to look to places like Namibia ,Angola etc etc for Oil & Gas supplies over next years and decades.

The brief High on Canadian Ex was 1.18 tonight ,then dropped back. Dont know what caused the peak.

@Gardie yes ive noticed that before and I am not sure how much the Spreads makes such arbitrage possible ?. But yes in essence the price is cheaper but would need a large number of shares to make worth while.

@Atuaziz Ah OK noted thanks. Anyway let us see ,as you say KON 16 is the "make of break" at this time.

@Atuaziz Let me me straight up with you. CORCEL does NOT need Apertura. OK so Apertura may need CORCEL that is a different game entirely. If Apertura want to tie up with CORCEL then let Apertura give them whatever percentage that they want to give for a FRACTION of Apertura share price. I know what Apertura and have and what CORCEL have and CORCEL holds almost all the Cards IMHO.

IF, and I stress IF , as I am happy with CORCEL as it is, CORCELM is going to get involved with VZLA, then VZLA should issue whatever number of shares in VZLA they wish to and then sell them to CORCEL at say 1 pence per share. That would be the fairest way because CORCEL has all it needs already and yes okay so VZLA is Scott's brother's but that is all the more reason they need to be careful what they do to avoid conflicts etc

And by the way ,CORCEL is NOT "constrained by capital" at all, Sintana are prepared to fund Corcel much more.

@Atuaziz YOU SAY: they are a "strong fit" . Let's look at CORCEL. They have a Billion + ++ Barrel Prospect in Angola and other projects/blocks. Look at APERTURA what have they got at this time ? Please advise on THAT point Atuaziz.

YOU SAY: Short term opportunity: get more value from existing assets.

Please explain WHO, Corcel or Apertura , has each of those ?

What connection is there between Apertura and Corcel ? Do you know.

My opinion, CORCEL is a good company, with a good project KON 16 and I do not believe that getting involved with Apertura would be any benefit at all YP CORCEL.

"Influence" I mean

@Atuaziz Noted, but please explain Exactly How it will transform CORCEL ?. In what way do u think ?.

@Irishdemon

>>> their track record over the last 2.5 years

Their track record is good enough for a small cap

>>> No progress, heavy debt, loss-making

So ?. Again it is a small cap. 5-7 years to see results is normal.

@Forensic505 >>>That make sense operationally, deals with all obvious conflicts of interests for the Gilbert family and puts everything under a simple, >>>transparent single entity on VZLA

So long as there is no dilution of Corcel as it is now. I have every confidence in Corcel and KON 16 and there would need to be +'s NOT -'s for any deal with VZLA . Anyway let us see what is proposed.

OK @IrishDemon tell us WHY "Corcel is a basket case" ?. I bet you cannot give any reason can you. Put up or shut up.

@Forensic505 Ah OK, thank you for info. I have had about 7.5 Million shres in Corcel for a long while now ,and strictly for KON 16 and later the recommendation of Malcy/Robert Bose . I infact wrote to Corcel today ,early am, and said "please could you tell me if Corcel have any position in Venezuela project and if you cant tell me directly perhaps can give public announcement". Well now I hear what you say and we shall see.

What I have been for a while and am as much now, is the Multi Billion Barrel potential of KON 16 in Angola.

@Forensic505 I would love to see that, but sorry to say Scott Gilbert joining the Board of VZLA does not mean Corcel has any holding in VZLA . I hope they do but they would have announced it.

Time point 30:55 onwards

https://www.youtube.com/watch?v=1s1noTFpvKM