Member Info for petersalkeld

I have managed to get the sp down that I need to pay off the mortgage to 19.2 I wonder when it will reach my magic figure

Accretive normally means growth by acquisition - Schroders just bought shares increasing the total number of company shares which, in theory, would reduce the sp - I don't understand how that could be classed as accretive.

LGO-fan - I think I agree with all of that

Just added another 14,517 at �0.04925 - These prices won't be available for ever

$6 down from its recent high is quite a big correction

Is really tumbling

Couldn't resist the temptation - bought a few - 13,600

Be nice if we got an RNS similar to this soon

Hi Bamps21 - No, you are not one of the 7 - you are good to go, as they say

I have 7 people filtered and it is quite amazing how good the BB looks now. Obviously I still see the good guys who bother to reply to those 7 but I don't have to read the nonsense of those 7 any more. I'm a happy bunny.

Not sure how the arithmetic works on that one - looks a bit wonky to me

Horseyhead - That is why I said a formula - can't one be devised taking account of all the imponderables - What we need is Stephen Hawking but sadly, we have lost him - he was great at coming up with formulas that explained everything

What should be the relationship for CERP between bopd and the sp? Is it possible to come up with a formula that enables one to forecast the sp from the bopd?

Just looked through the thread views and it appears at long last, nobody is responding to rossannan and LayLadyLay - Great news

Icaros deal completion as well with a bit of luck

The Icacos field is located in the extreme southwest of Trinidad and is operated by Primera. The field was producing at around 34 bopd in 2011 and has steadily declined to around 22 bopd in 2017, mainly through natural decline. Production throughout 2017 was consistently around this volume and there have been limited new work programme activities during this period to increase production. The Icacos field currently consists of six wells, with three on production. Columbus plans to undertake analysis of the potential for a well reactivation programme and undertake well stimulation and other well activities to increase production. The Company will also look at additional infill wells in due course.

I think we are waiting for clarification that the Icaros deal has been totally completed

The positive is that it gives us LTHs the space to add to our holdings

I don't think it will do much until some of the promises come to fruition

My projection for bo today is 664 based on my own crazy arithmetic