The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
Amen to that
It looks as if our seller means business again
Hi Dazbrad
Of course, it is on the VSA site as a columbus-erp.com email address but I suspect that isn't the one you are talking about
Hi Bamps
February could count as early in the new year
How did you manage that - I will be interested to see if it works and whether you get a reply
The cost of this drill must be rocketing bearing in mind the time it is taking compared with the original estimate
As Leo said he would be there over the difficult times in case there were any problems, I would think he would be fully informed - We (CERP) are paying for the drilling operation.
The second quote below would suggest drilling is still in progress
From December 12th RNS
"The Company is currently drilling ahead the main 8 ½" hole section with which it is planned to reach our prognosed Lower Cruse primary target."
"The Company will update, when appropriate, as drilling continues."
It just feels like a deafening silence to me - 30 to 45 days has turned into 70 plus
I suppose it could be 80, 90, 100, anything, anybody's guess
Hi Bamps
It doesn't sound like you think any news is coming any time soon
69 days tomorrow since the spud
If the Strait of Hormuz becomes too dangerous that is one fifth of the world's oil gone
Hi Bamps
I think the oil price depends totally on the kind of reaction Iran takes
If this is now a production well, as some of us think it probably is, will they cap it until they have all the infrastructure in place?
How long will that take, I wonder?
Wishing all LTH's a very Happy and Prosperous New Year
I don't have the background knowledge some of you chaps have, so have to hit a lighter note.
While you deal with all the serious stuff, I like to dream.
I've been playing with a few words over the holiday.
Because I got a telling off before, when I posted a joke and told that some might not realise it was a joke and might take it seriously, to all who read the following, this is all just a bit of fun, an imaginary conversation, every line and supposed quote made up by me, without any basis in fact.
Listening in on the B O D
Tony can't contain his glee
"So Leo, what do you think.
Will the SP rise or sink,
When we issue the RNS?"
Chimes in Gordon. "What's your guess"
Leo, smiling, "Wait and see,
Depends how many B O P D,
Once the evaluation clarifies.
Exactly what is the prize
LTH's might get a surprise
At it's scope and it's size
We'll wait and see how the market reacts.
How it interprets the known facts.
How it judges the reserves.
Will the SP suffer from market nerves?
Or will it rise to what it deserves?
But this could well turn out to be
Far more than just a wait and see.
We couldn't have had a better result,
The catalyst to catapult
The company into a different scene,
Offers for us to choose between.
So much better than previously thought.
Some believed it might come to naught,
But in-depth research has proved us right
At our Saffron drilling site."
Hi Bamps
Of course you are wished a very happy and prosperous New Year as well
The Dragon is difficult because of my caring commitments
Hope to see you back in the old place soon
Hi Bamps
Couldn't let you just disappear so I am having a look at this as well now
If you do check in, please don't leave
Don't let a silly post prevent you from contributing to this board
Your input, as far as I am concerned, has been invaluable and I am sure many more would agree
really not rally
You rally ought to read all the RNS's as they come out - see the one dated 23 December 2019