Member Info for petersalkeld

Hi Bamps21 - thank you for a more sensible response - I don't disagree with anything in your post

I have a life - suggest look look inwards

countdemonet - I have been in it just as long - if you don't like realism and factual comment, and only those posts that pump up the price, I suggest you are the one who should sell up. This BB is supposed to be for those who are interested in this share's well-being and its future and I am just as interested in that as you are. End of story as Satchmo would say and if you don't recognise the quote and where it comes from it would demonstrate I have been around slightly longer than you.

The half a billion target begins to be less attractive, if to get there, more and more shares are issued as we build the asset base, so the target share price rise we all thought was possible becomes inhibited as market value over an increasing number of shares keeps a brake on it.

A disappointing start to Monday morning - I anticipated better.

We could ask Columbus. They never reply to my questions so no point me asking but whoever gets replies from them should ask the question.

What was this resolution that wasn't passed at the AGM?

I should have said 71 days to June 30th - put it down to old age

If 625 was a peak on April 20th, I wonder what the peak might have been in the ensuing 102 days to July 31st

From the UK Investor Show on the 21st April 2018

Extract from Leo Koot's spiel

"When we started we had a production of 226 barrels, sorry 326 barrels, very small. Yesterday, we had a days production of 625 so that’s nearly a doubling of production which is material for a company of our size. We’ve cleaned up the financial situation. We’ve cleaned up our debt position. We’ve managed to get Schroders into a shareholder register so financially we are robust and we are fully funded for the work programs we have in place. There is no need to raise any further capital."

They did have 625 barrels on April 21st or the day before - can't remember which.

My forecast if there is an RNS tomorrow am is that the sp will fall but a Leo presentation after the AGM will attempt to lift it, but as David Davies said when he resigned as Brexit Minister " I could be wrong"

Where is it?

Extract from a Columbus answer to a question

It is industry best practice to provide production updates on a quarterly or half-yearly basis

Perhaps then, it is underwhelming or mundane news so they have kept it back till the last moment for that reason

There hasn't been an appreciable climb in the sp in anticipation of this coming RNS. I don't think the market or the shareholders are anticipating anything exciting - let us hope both are wrong.

Amen to that, offerman

19 hours - 0700 to 1630 twice

I doubt it, steward1, surely they will have to publish the quarterly figures at the very least, before the AGM

Waiting for a final announcement is cutting it a bit fine - the AGM is in 2 days

Thanks sellonnews - I didn't know that.

Why no RNS?

1. Things haven't gone well so will explain why at the AGM
2. Everything is on course and will go into detail at the AGM
3. We haven't met shareholders or our own aspirations so don't want to trigger a sell-off just before the AGM
4. We have far exceeded our expectations but believe it is better to announce that at the AGM