Member Info for petersalkeld

If only!

Hi mossma

That is now totally clear to me - thank you

I wouldn't post my email address on here because it could be used by others to my detriment

Hi mossma

You said you sent the email before the RNS

Did you send it before the 9th and did they take 8 days plus to answer?

mossma

Do you mean the 9th January RNS? - if so they gave us a Saffron update then

mossma

Can you explain to me why they sent you that email, or are you joking?

Hi Bamps

If the condition of the hole was giving concern, does that mean stuff was falling in from the sides and if so does the casing sort this out?

GRQ - if it was a few hundred bopd wouldn't that produce a sizable increase in revenue and wouldn't that mean a bigger increase than you estimate?

LGO-fan - I quite enjoy the board now - I only have sensible people to read now - I have all the rest filtered

Mind you, it does mean that on occasion, I do have to put up with a sea of green.

The Latest update was on the 18th October 2019 as follows:

Excerpts re Goudron

Current share price underpinned by NAV of existing production assets
Existing Trinidad Production Base 550 - 650 bopd
Cash generative production base (onshore Trinidad) covering operating costs
Five onshore producing fields allowing operational flexibility
Focus on profitable barrels
Provides cash for growth

I agree with all that - Why do we no longer get a regular quarterly update?

Ha Ha Ha LGO-fan

You have only missed the 1st, 3rd, 4th and the 5th of this month yourself and I believe you are an LTH

I am an LTH and I post quite often, normally to make a pertinent comment, ask a question or post one of my silly rhymes

Leo Koot, what's in a name.
A Mover and a Shaker came.
Love the Moves but hate the Shakes.
Are we playing ducks and drakes?



Jam tomorrow seems the ploy.
Until we get the real Mccoy,
It's just the sound of distant drums,
As tomorrow never comes.



The Cerp SP takes a hit,
With Schroders selling bit by bit.
Rather than rise from the RNS,
The SP suffers some distress.



Down, down, down the SP goes.
Where it ends up, goodness knows.
Although it's driving me insane
I have no doubt, will rise again



The only trouble is, I fear
The date of that remains unclear.
The SP's movement quite bizarre.
We obviously need a CPR.

I can't see a better opportunity anywhere else for me than sticking where I am at the moment

I obviously need Schroders nous

I can't really bring myself to believe they have no liquidity and needed this small amount of money (small for them) in order to buy into another company - that just doesn't ring true to me.

I'm sure there is a completely rational answer but I can't come up with it at the moment.

They got this wrong then - buying at 5 and selling at 3

1% is around eight and a half million - that is a lot of shares for the market to cope with

Leo seems to answer his emails from some posters

I'm not very good at writing emails to the company as I never get any reply

Could I suggest that someone couches an email in polite terms that might produce a reply

Yes, but some would say March/April 2020 and some others who shall remain nameless add 5 years on to 2017 and get 2023

I don't think the SP is going anywhere until we get oil out of the ground, and lots of it

The market doesn't seem to be that impressed by reserves

They want bopd and lots of them

Leo on the 13th May 2019

"I am confident that even a modest discovery in the SWP has the potential to transform the Company."

Leo on the 9th January 2020

"I believe this confirms the potential of the South West Peninsula."