Member Info for neon

rossannan

They stopped answering because you kept asking the same questions repeatedly that the team is trying to fix which they inherited from the previous management.

PMO has over 2Bn debts, Total has over 20Bn if I remember it right. Their day to day costs are way way more than CERP but it doesn't mean they are failing to fund new drilling campaigns.

You are doing your microscopic analysis just to support your own agenda and undermine all the good stuff that the company has done to date and will do in the future.

Anyway, u keep doing ur stuff, aint bothered coz I know the company is heading towards the right direction, don't bother responding to my post as I won't be replying.

rossannan

Feel free to fill up the form and ask the experts

https://columbus-erp.com/contact-us/

full stop

"Can you define what you mean by "Big Oil". Perhaps with a bbls-d figure on your expectations for the first well in SWP."

Ans: Anywhere inbetween 20m-400m barrels of oil from any of those twelve prospects.

"Company interpretations includes twelve mapped prospects each having volumes of between 20-400 million barrels in place. Onshore drilling allows the cost per well to be significantly lower than equivalent depth wells offshore. It is anticipated that between 2-3 wells, targeting the shallower prospects, may be drilled on the licences initially at costs of around US$2-4 million per well, including wells with multiple stacked reservoir targets, with the first well potentially being drilled, subject to satisfactory technical analysis, in the first half of 2019."

https://columbus-erp.com/operations/south-west-peninsular/

Just to make it simpler for u, check the fourth page and check shaikan's reserve estimate, both 1p and 2p to understand where CERP is heading
https://www.gulfkeystone.com/media/113628/investor-presentation-march-2018.pdf

Hahahaaaaaaaa

Afternoon offerman

I can't and won't counter your 11:45's post! I hope you recover your losses before 2019, not all of us are as fortunate as mike!

Having said that, I think all of us should throw a big investor party if CERP meet or exceed VSA's target next year! Venue and drinks should be on mike wink wink :D

Offerman

I agree with you on everything except 2019 SP. If SWP hits big oil which we are all expecting since the fields are in the middle of the prolific eastern Venezuelan basin, expect the SP to cross VSA's guidance in a flash. I've seen that happening with GKP, RKH, DES, PMO and a lot of other companies. "Potential" is a massive buz word in O&G sector. A sniff of success will absolutely rocket the SP and I strongly believe it's about to happen with the SWP drilling campaign.

Good question
Could be either one of those Norwegian investor in which case we should get a TR1, or it could be the old villain 🦹‍♂️ NR 😜

Please add my 1100000

Thanks
Neon

how do u know?

It’s not me

Well done 👍

BB morons will posts negative 24/7 with cleverly skipping all the positives, no matter what you tell them, they will carry on like that.... World is full of negatives to them, which is a real shame! They are like cancer cells, never gonna go away!

CERP as a company has gone through a lot, I don't need to remind you any of that. Current SP is next to nothing, we all know that. On the other side its only 3p away from 0p! lolz ..... Surely the best shorting gang could do is give us a big 0p but IF LK does and shows the market what he promised, think about the reward that will come afterwords!

GL all

I’m sure you will be rewarded handsomely 😊👍

Now crack on with what you promised to achieve for the company and it’s shareholders!

GL

And here s/he come with his/her same old boring bla bla bla, same radio channel again and again and again!

You never know, if SWP really provides and does strike big oil in one of those 12 prospects then we can certainly achieve 150p or even exceed it. If GKP could fly from 9p to over 400p on shaikan news alone then why can't we?

ANGS, the other share I used to hold jumped from 4.25p low price to over 15p this morning on just speculation alone! Then what's wrong with dreaming for a better price with a company which already has real oil production?

GL all and dream on :)

😁👍 channel 4

Its hard to fight shorters on days like this when all the markets are volatile! The will post negatives 24/7, lots of swings and bla bla bla.

But the reality will prevail sooner or later. The fact is brent is still way over 70$ and WTI is over $60! Every single day PMO is making more and more money to pay off their debts and proceed with their upcoming projects. These are FACTS!

The business is booming and the result is gonna be spectacular! Don't get down because of these low days! Use it, get your average down if you can. There is NO way oil is going to zero. PMO is bigger than ever before, have money in the bank, running big projects, paying off the debts in big chunks, big shorters closing their shorts..... and I can go on and on.

PMO re-rate is coming and its gonna be pretty sharp!

GL mate

Just relax ... ... ...

https://www.cnbc.com/video/2018/10/12/why-you-shouldnt-panic-when-stocks-are-getting-slammed.html

GL :)

for all the private investors out there:

https://www.cnbc.com/video/2018/10/12/why-you-shouldnt-panic-when-stocks-are-getting-slammed.html