Member Info for neon

We have passed through the angs vs scc barrier so just relax now guys, patience is a virtue. It will all come good at the end.

Lolz

Apologies

interest* rate

I still struggle with these touch screen gadgets you see :D

LTID

I agree with you completely!

On this CERP BB, there are some so called self claimed experts(!) who tend to predict the SP and company performances with their zero experience in managing and running any O&G company! They are normally traders/shorters who are after their quick profit so will post anything to meet their targets.

Leo has made many changes since he joined the company and now on the verge of increasing the production significantly. He openly told us about the good, bad and the ugly and explained everything step by step, what his team are doing to address the issues unless they have already done so. Show me which AIM CEO will do it in any AGM? It shows he is genuine honest guy and have the knowledge and skills to address the issues and make the company profitable for all the stakeholders.

I'm waiting for Bonasse reactivation news which is now due and also Steeldrum update which is a live production field with oil adding to company's production level from Day 1. If the company uses LIND facility to pay for it, I say do it now if you want, specially when the conversion price is set at 8.1p. ANGS used Bergen with 4.3p and 4.6p conversion price. So Lind's conversion price over 8p shows they are confident with CERP when CERP is at 4p and their project. Also their internet rate is around 8% if I remember it right. I applied for my car finance through black horse this year and I've been quoted for a 9.4% APR! lolz, way more than the internet rate that Lind offered to CERP! GENL got its facilities for 8.7% few years ago while GKP got it for around 14% if I remember it right so around 8% shows nothing but confidence on CERP! This is a MAJOR plus point!

At 4p buying CERP is a no brainer! I topped up more this morning will buy more whenever more funds become available.

GL

growth*

joebop

Calm down mate! Do you have any experience on managing a O&G company? I don't but know people who have managed. So If you do have then you MUST know what it means when you buy a producing company for less than $1 per barrel. It is a big thing. Leo has done it with Steeldrum. With the other fields coming back online, I can see material production increase on our way to Xmas and real grown with SWP drilling campaign.

GL

It’s more speculation mate. I’m speculating the SP based on the oil exploration programs which are due H1 next year. Ramping would be claiming 80p 90p next year without giving any reason for that. And deramping would be something that LieLadyLie aka LayladyLady does!

VSA is claiming 25p next year remember?

GL anyway

Any update on SWP drilling will get it past 10p and will see sharp re-rate upwards once the drilling get started. IMHO the SP will cross 20p in a flash if we hit oil in SWP!

anywhere between 6p-8p

DeanVM

Let me share my experience with ANGS in last 18 months if it helps you to feel better.

Started with 12p average, sold at 18p, became greedy so bought more at 25p but didn't sell over 30p when I had the chance. Then came the Lidsey news, SP dropped like a stone and sold out at 16p with a huge loss. Bought back again at 9.80p only to see it fall further and at one point it came down to 4.25p-4.50p if I remember it right, did manage to hold my nerve and topped up more at 4.80p getting my average down to 7.50p, then sold half around 10.50p with profit and left the other half for the next crazy ride and all the stress and anxiety that comes with it.

ANGS is drilling a fractured reservoir which may or may not be commercial. They are about to start testing it and the company is often traded by professional traders, MM, shorters, punters, you name it, its all there.

CERP is absolutely nothing like that. The company is PRODUCING and about to get more PRODUCTION from its other and new acquired fields. Its not fracking or production from fractured reservoir, instead production from conventional reservoir. Institutional Investors are now in CERP and this company is on the verge of a company making game with its SWP E&P. CERP is nothing like the likes of UKOG or ANGS, infact in my view this company is now much much much safer, well established and better than the previous two.

So relax and wait for your reward. If you really are a LTH then I'm sure you've waited for years so few weeks or months of wait won't make any difference specially when you know the level of production are gonna rise and with higher oil price, the company will be making more money. If you really want to sell, set your target to 20p+ atleast.

GL

CERP's Steeldrum acquisition is an ace on its own, it gives the company three production assets don't forget. Mr. koot, you have my full support for it as it is acquiring live production assets producing from day 1, getting Norwegian II and exclusive rights for two rigs, what more do you want?

I sold out last year with profit as I didn't want to hang around but regretted after few months as I was reading about the progress being made. I went through all the RNS and Leo's presentation videos and decided now its time to get in. One thing was clear, Leo Koot's is an honest man with extensive O&G knowledge and professional skills. I'd recommend every new, prospective investors to watch the AGM presentation fully, each and every segment and decided after watching the clip yourself. I've seen Steven Sanderson of UKOG, Paul Vonk of ANGS, Todd Kozel of GKP, Tony Hayward of GENL but none of them managed to impressed me but this guy, leo koot certainly did.

http://webcasting.brrmedia.co.uk/broadcast/5b436a88b648f6302b14d00c

I sold half of my ANGS holding with profit and re-invested it here as it is clear where this company is going and clearly at the current SP its a no brainer to get in!

If a company like UKOG which is still doing its EWT with over 5 billion shares in issue with lots of big questions in front of them can have 1.90p share price, then a production company with 5 producing fields with upcoming massive news on Bonasse reactivation, Steeldrum intergration, South Erin, Innis Trinity and ofcourse the SWP exploration, I can only see a SP of several multiple of the current level.

Then LGO has lots of problems but this team is rectifying those and turning it around and have already proven it to us. Slowly but surely its happening and we've seen some of the results already and as a private investor, that makes me happy hence my re-investment and hopefully will be able to increase it further in upcoming days.

GL all

Yes, after a long time, I've decided to get back in as I see value at the current price considering what's happening.

GL all

Enjoy the ride

GL all

I can give you the best answer.

rossannan is trades cerp, sometimes he is long, sometimes short depending on the news and his own understanding.

LieLadyLie AKA LayLadyLay just a shorter. Only posts on cerp boad btw.

Yes, the journey starts now. See you at 20p+

GL all

imac1

It will touch 15p on positive news today, might even break 15p barrier. Don't forget, we only have 381 million shares in issue with £3.39mn new money from the conversion on top of whatever we had in the bank.

Result? I believe a rocketing SP.

GL

We've waited over a year now to make all the stakeholders happy and let us carry on with Brockham X4Z. Today SCC committee will discuss it but let's not forget, this is just the beginning. The real race will start once we start Balcombe ready for flow test and this is why I'm still holding. Today will be day traded, swing traded, probably not shorted, u name it, we will see it all post meeting. But don't forget, we are here for the bigger price. If you are happy with 14-15p, take it but mark my words, if everything goes as planned, 30p+ will be achieved in a flash once we will start Balcombe before Brockham.

GL all

PS: if I were you, I'll just buy and forget about it until the company starts releasing news on Balcombe. Believe me mate, you will be kicking yourself for not buy below 10p then.

Just check the SP history, it rocketed over 30p with around 280 million shares on Lidsey flow testing news alone. And now we are on the verge of producing from Brockham and flow test the monster Balcombe. Where do you think the SP will be heading when the company starts doing that?

We've the permits from OGA, HSA, EA and hopefully from SCC tomorrow, we've the money, what is there to stop us now?

GL

russell70

I think you've sold out and now trying to get in lower with fear of missing the boat and trying to hide behind your strong buy opinion, posting the same message again and again, am I right? lol

I've an alternative option for you.

Bergen will always make money no matter whatever the SP is as they could convert at a much lower price than the SP at any given time. They converted all of it together giving angus the fire power (£3.39mn in total) to pay for Balcombe's field development costs. Now that begs the question, why convert all of it together when you can always make money whether the SP is at 5p or 50p!

IMHO, Bergen knows we will be rocketing over 30p+ in short term so think about the profit they will make if they off load their shares over 30p! So why sell at 10p-11p when you can at 30p+! :D

How does my alternative options sounds?

I think you will be seeing a soaring SP tomorrow.

hahahahaha

GL

I've gone through all the points. Please note this is what the company does for its existing Brockham production well anyway.

We've gone through lots of ups and downs and waited enough. Now this is the time for us to reap the rewards.

I'm personally going for 15p-16p with the permit news tomorrow and late teens to 20p+ on Balcombe news soon after that.

GL all :)