Member Info for neon

lol

@bigmj

Your meeting with LK, is it on 10th or after?

the 7th video, shareholders: https://www.youtube.com/watch?v=rfYxOPgqAx0

CERP tick all the boxes, it can't be clearer than this. Also shares not in public hands are: 15.10% which IMO is a massive chunk! ANGS has the same amount and see it has bounced back from below 4p to over 8p, basically doubled!

Come on CERP, become the beast once again! :)

For all of you:
https://www.youtube.com/watch?v=pnH5oSYmcbM
Have a strategy!

I've gone through his other 9 videos and I'm very happy with my CERP's investment and can see why it is going to be 5 to 10 bagger!

CERP is at a very low price at the moment, has got their multi bagger projects on the line including SWP, the management has got their skin in the game, has got cash which is quite rare in AIM and the company definitely has a clear strategy, a clear multi year plan as setup by LK!

GL all

I think the overall momentum is slowly building and although we have experienced few spikes in last three four times, if you check the bid price, its beginning to build slowly even after big sells meaning the SP is ready to go up strongly on or before news.

So yes, I agree with what zak mir on what he said this morning re CERP.

GL mate :)

Thanks mate, just tweeted your post :)

10th Oct, here we come! :D

GL all

I think CERP is going to get that $4.2M pretty soon! :D

Initial Reservoir Engineering Assessment completed, independently validating the feasibility of the technical case for C02 EOR operations;

· Combined scoping production rate of 300 bopd forecast for the initial two wells, which represents greater than 6 times current well production rates from these selected wells;

· Independent estimates of daily C02 injection rates at least 35% less than management's estimates, resulting in a reduction in anticipated operating costs;

· Start-up capital costs reduced to less than US$ 600,000, well below the Company's budgeted cash for the Pilot C02 EOR Project;

· Surface equipment sourced and delivery times to Trinidad within the scope of the existing Project Schedule;

· Exclusivity Period under Heads of Agreement ("HOA") with the local C02 Supplier to enter into a Gas Sales Agreement extended to 30 November 2018, to facilitate finalising commercial terms based on the new reservoir engineering assessment;

· Incremental resources for the AT-4 Block, approximately 10% of the area of the Inniss-Trinity Field, to be targeted by Pilot C02 EOR operations estimated at 859,000 barrels, representing an incremental recovery factor of 12.3%;

· Net-back after taxes and costs forecast to be in the range of US$10 - 12 per barrel based on an un-escalated WTI Spot Price of US$73.25 per barrel;

· Potential for a significant upscaling to other parts of the Inniss-Trinity field based on current expectations of forecast available C02 Supply;

· Subject to replicating a successful C02 EOR pilot in the AT-4 Block, potential exists to target between 8.12 and 15.62 million barrels of incremental resources;

· Operational and environmental meetings held in Trinidad to progress regulatory consents and confirmation that Q1 2019 has been set as the target for first incremental production from Pilot C02 EOR operations, subject to regulatory approval.

Source: http://www.bnamericas.com/news/oilandgas/predator-oil-gas-operational-update-trinidad

Added some more today! my angs holdings are coming here shortly

GL all

Well done Mike 👍

😊

are you planning for another topup mike?

:)

"OPEC 'powerless to prevent' oil prices jumping toward $100 a barrel this year"
https://www.cnbc.com/2018/10/01/oil-prices-opec-powerless-to-prevent-prices-surging-to-100-a-barrel.html

With the upcoming production increase and SWP next year, CERP will comfortably be in double figure IMHO!

GL all, your patience will be rewarded generously! :)

"The shares have responded higher above 4p on the back of the results announcement – though remain below our 5p June recommendation price. However, we note (albeit house) broker VSA Capital has risked NAV-derived hopes of a share price in the mid 20p’s and suggest there remains plenty of news flow potential to see the shares comfortably higher than now. As such, and within months, we continue to target 8.5p+ and the stance remains BUY."

Never thought they will be this positive on CERP ever! lolz .....

lol

Only 8 working days left then. Its all coming together, slowly but surely.

GL all

That's the thing I like about LK, he doesn't try to sugercoat information like other coe's. He and his team are honest and crystal clear about the business, a super pro!

Looking forward to the significant production rise in Q4!

GL mate

Exactly what I wanted to see! My remaining angs investment is coming here join my cerp core pretty soon!

GL all

meant to say projects*

lol