Member Info for rossannan

SvS

Really. We still know very little about Saffron. Check the old RNSs - further data was promised but it never materialised. For all we know it could be another Goudron with killer declines after misleading initial spurts. Remember that there wasn’t a lot of doubt about oil being there, but not much more than that has been established. It is all to play for with S2. On previous form you have to wonder if S2 will even spud this quarter, despite the official line being “[drilling] expected to commence in mid-May 2021”. These guys always seem to be short at least one permit.

And then there’s the funding. There should be enough for S2 via existing arrangements (even if it turns out that, after P1 is finally squared away, there is less cash than the local rampers think), but we need clarity. With tomorrow’s reconciliation more info. should be forthcoming, possibly as soon as tomorrow or on Monday, but whether that will put P1 entirely to bed remains to be seen.

SvSS

“the Saffron discovery has already been proven”

Sort of. The first well produced 25-50bopd. Another of those is not going to add much value.

Tornadotony

Are PE ratios that helpful when mine life is an issue?

Nice!

Certainly lacklustre.

Maybe he was “H” all along and AC-12 finally caught up with him.

Could Harry be “H”?

That last post of mine appears to have been censored. You know, the outfit that includes Tom Winnifrith.

A lot of the jam tomorrow commentary on KEFI that ************* was providing last year looks pretty silly now.

... conversations about how wonderful/awful BPC and its BoD are. This “I disagree with you, therefore you are stupid” stuff is just tedious and frankly not worth coming out from under my bridge for.

Debate what you disagree about and see what insights are gained in the process. I think Starchild is wrong about BPC and its BoD. That doesn’t mean I think he’s stupid - I live in hope that the scales will fall from his eyes.

That’s City Brokers for you!

Still, sentiment has definitely improved here of late.

Starchild

“CERP manage £50m+ Market cap in 2017”

Is peak Kootlemania really a valid starting point for the comparison that you are attempting? Would it not make more sense to work with CERP’s 2020 merger valuation?

Starchild

Sorry, that was a lot of text. Here is the second part, which hopefully draws an end to the matter.

RNS Number : 2049O
Columbus Energy Resources PLC
30 September 2019

For immediate release

30 September 2019

COLUMBUS ENERGY RESOURCES PLC

("Columbus", "CERP" or the "Company")

Total Voting Rights

For the purposes of the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority, the Board of Columbus hereby notifies the market of the following:

As at the date of this announcement the Company's issued share capital consists of 833,010,742 ordinary shares with a nominal value of 0.05p each, with voting rights ("Ordinary Shares"). The Company does not hold any Ordinary Shares in Treasury.

Therefore, the total number of Ordinary Shares in the Company with voting rights is 833,010,742. This figure may be used by Shareholders in the Company as denominator for the calculations by which they may determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

Starchild / Bully1985

This is from my CERP RNS Vault. Hopefully you can both now move on.

Columbus Energy Resources PLC Issue of Equity, TVR

14/08/2018 8:34am
UK Regulatory (RNS & others)

Columbus Energy Resources (LSE:CERP)
Historical Stock Chart

TIDMCERP

RNS Number : 7274X

Columbus Energy Resources PLC

14 August 2018

14 August 2018

COLUMBUS ENERGY RESOURCES PLC

("Columbus", "CERP" or the "Company")

Issue of Equity

Total Voting Rights

Background

In the past year, the Company has entered into a number of agreements with contractors who provide services to the Company so that part of the relevant contractor's fee is paid in Company shares (the "Contractor Shares"). This has been done in accordance with the Company's ongoing cash management strategy and, more specifically, to align the interests of the Company with the contractors who are helping it achieve its objectives.

The relevant services up to 30 June 2018 have now been provided and therefore the Company has issued 1,079,986 new ordinary shares to those contractors (the "New Contractor Shares"), representing 0.166% of the 649,206,426 ordinary shares in issue prior to the issuance of the New Contractor Shares. The planned issuance of the New Contractor Shares was previously announced to the market in the Q1 Business, Operational and Financial Update RNS dated 9 April 2018.

The New Contractor Shares will rank pari passu in all respects with the Company's existing ordinary shares. Application has been made for the New Contractor Shares to be admitted to trading on AIM, ("Admission"), and it is expected that Admission will become effective and that dealings will commence on or around 20 August 2018.

Total Voting Rights

For the purposes of the Disclosure and Transparency Rules of the Financial Conduct Authority, the Board of Columbus hereby notifies the market of the following:

As at the date of this announcement, and after the issuance of the New Contractor Shares, the Company's issued share capital consists of 650,286,412 ordinary shares with a nominal value of 0.05p each, with voting rights ("Ordinary Shares"). The Company does not hold any Ordinary Shares in Treasury.

Therefore, the total number of Ordinary Shares in the Company with voting rights is 650,286,412. This figure may be used by Shareholders in the Company as denominator for the calculations by which they may determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

Sportstrader

If it’s not an echo chamber then it’s very much the exception...

M7

Are you expecting a dividend though?

MIA?

MTSparky

Fair comment.

50p certainly seems possible if CF can deliver on his target of announcing at least one spin out this month.

That would be a WoWo Gap up!

I’ll get my coat...