Member Info for rossannan

What a terrible note from VSA - confusing 100bfpd and 100bopd.

To be fair, Malcy is an eternal optimist.

IMO. So much for Steeldrum completing in Q3.

It was just a friendly.

J99MES

Okay, some may see it as not much more than a friendly, but I reckon that it’s a step up from that (given that, in theory, these games could ultimately help us with Euro 2020:

https://www.dailyrecord.co.uk/sport/football/football-news/uefa-nations-league-explained--13200814

Rugby 2015

LK himself said “we believe we can materially improve production from Bonasse, maybe to about 100 bopd.”

Are you not better just to stick with that?

J99MES

How lucky were your guys to make it to the next stage?

Are you going on Monday?

jeffry

Which is why I am not in UKOG, or not directly anyway (hopefully soon neither directly nor indirectly).

Scarface72

I have learned with AIM oilers to believe it when I see it.

where is the production to back up these share price targets coming from? If TRIN and TXP with nearly 5000bopd between them can’t quite muster a combined MCAP of £100m, why should CERP be valued even as highly as it is? Stories must eventually to be turned into flowing barrels, but that is taking longer and costing more than LK thought...

ColonelDrake

“which will be sold for £500m+ in a few years time”

Let’s say that it is sold for a mere £500m. What do you think the share price will be at that point?

share price targets being bandied about today, but CERP has to walk before it can run - whatever LK says in his medias. All the spectacular stuff was supposed to be built on a solid base. That base is still not in place, IMO - let’s hope LK is giving it his full attention.

HH gets it!

faz7475

Sleep with one eye open, gripping your pillow tight...

jeffry

Not going to happen without Resolution 5.

rxdav

Fair point, it’s estimating when it comes to production and cash burn and predicting when it comes to the share price.

rxdav

No bonus any week. Why would I not like this rise? I am not invested. I predicted that it would go sub-4p and it did, but I am more interested in predicting production and cash burn figures than share price movements.

faz7475

Never hunger, never prosper...

faz7475

How do you feel about The Wait? Or do covers not count?

Fade to black...