Member Info for Rugby2015

I am surprised but not concerned that the SP
Is not higher. According to LK the risky part of the drill was the first 2 weeks and we are well past that. We are now on our way to total depth and then we will await for results from the analysis. A few weeks ago the SP climbed above 4.5p and whilst I don’t want to start a guessing gameI believe a positive announcement will take us beyond this mark. Before a certain poster asks I don’t have a bopd figure in mind to take us beyond 4.5p I am more interested in the overall picture and future plans, still a very exciting time, all IMO.

A good update especially for those who were worried about a duster. It means we have longer to wait before full results are known but as stated in a previous interview, LK will not release anything until he is absolutely sure the information is correct. It appears the drilling has taken longer than he expected but I don’t see anything in the update to cause concern, in fact just the opposite, I see guarded optimism.

WTI - good to see another 2% jump today to take the price over $59.50 for the first time in a long time time. Just need the OPEC + meeting to confirm the extra cuts and USA and China to make further progress with their trade deal and the price might be north of $60 for a prolonged period. We have been this close before and seen many false dawns but at least we are pushing $60 again. It’s been a tough year with the price stuck in the $50 -$60 range, hopefully next year it will be much higher.

Bigwod, the last RNS stated 30-45 days so no excuses, lame or otherwise, are required just yet. Nobody on here knows when the next RNS is gong to be and what it will say. More patience is required, IMO if we were going to get an update during drilling operations we would have had it by now. I am happy to wait for the one big announcement at the conclusion of the drilling and the gathering and analysis of all data. Next week maybe or the following Monday but nobody knows, just a mater of wait and see- how exciting!

Yes your right, he’s now ignored. I’m struggling to understand his motive, I suspect he’s suffering from some kind of mental illness so he should be pitied and not mocked - but it’s hard!

Sorry Irene, I can’t ask my question in more simple terms and have even offered you a 1 word answer but you are still struggling to answer. Question - in your opinion, at 3p is Cerp a buy or sell? Answer - either buy or sell!
Communicating with you is pointless but I won’t filter you as your constant negativity and ridiculous questions to other posters, usually down the line of ‘ how many bopd or how much revenue would you deem to be a success?’ actually humour me whilst we wait for news. All on here can see you for what you are so no further comment required from me.

I am not amazed anyone can have a different opinion to mine, I did not say that, where did you make that assumption from?
. In fact , I haven’t canvassed anybody else’s opinion on the matter, except yours but you seem too shy to do so, why is that?
Come on Irene (I nearly broke into song then) - do you think at 3p Cerp is a buy or sell?
A one word answer will do, heaven forbid if you ever attempt to explain your reasoning! .

Irene you didn’t answer the question, no surprise there.

Gave another go , IMO at 3p Cerp is a strong buy, what is your opinion?

Irene, firstly my name is Rugby not Rigby, secondly, my question which you have reproduced was directed to you in response to one of your comments and was not a question for the board. All you have done is rewritten my question, how about supplying an answer. Or better still answer this question - as the SP is now 3p and the drill results are probably less than 2 weeks away, in your opinion is Cerp a buy or a sell? Anyone can be a smart arse after the event pointing out it was ‘obviously a buy or sell’ but how about offering your opinion without hindsight? IMO opinion Cerp is a strong buy at 3p and my average is much higher but I have confidence in the skill and experience of the board to deliver a very positive result. If I am wrong I lose money but if I am right I will make money. I think the board agreed (up until recently ) to take 50% of their salary in shares because they believe this is a winner but how about you Irene? Straight answer requested!

Irene - I can honestly say I never do!

Irene - why would any long term holder consider selling at 4.1p or at any price before the Saffron results are announced? I can only speak for myself but I am invested because I believe LK and his team will be able to successfully drill not only Saffron but other identified targets in the SWP.
Before you ask, I don’t know how many bopd determines success or the cost of drilling future targets or where that funding will come from. I am happy to leave those tasks to those in the company who are paid to know and to be informed when they choose to inform us. It’s 1 step at a time and the next step is the announcement of the Saffron drilling results which should be in the next 2 weeks. Good luck to all who are invested.

Nice rise but on little volume, hopefully by the end of the day the SP will be at least where it started yesterday. I think there has been lots of positives over the last few weeks but It will take time for sale figures to impress. NT has said that they don’t be able to do massive numbers on their own website and it will be the distribution deals that will get the numbers much higher and these deals have only just been done. It’s not a case of jam tomorrow but it’s plain for everyone to see that the numbers for Q1 2020 will be much higher than the figures for Q4 2019 despite these having a Xmas kick in them. 6 months from now with seed sale revenues known and the outcome of the Natural Resources sale will show the company on a much more solid footing. Yes there will be no more oil revenue coming in but the sale price will hopefully reflect some of that lost income and I am sure NT will put these funds to very good use.

Well said Blackhopper. I think history will show that 2019 was truly transformational
for the company when the decision was made to change direction from Natural Resources to
Hemp and CBD products. Yes, the SP has been on a roller coaster and us shareholders have been put through the mill but NT seems to be putting strong foundations in place aNd it’s hard to fault him so far (although some will always try). He does need more time, yes we all want to know sales figures, price of seeds etc but with new products just coming on the market and new agreements still being signed we do need to be patient . The financials will be out by mid December and NT in one of his interviews said he is aware the market needs sales targets from the company and he was hoping to provide these early in the New Year. I don’t envy him that job! Except for the current SP he seems to have a firm hand on everything and is steering the good ship Zoetic on a good course. Good luck to all who are invested ??

In one of Leo’s presentation he said it was a 3 week drill with the risky part being the first 2 weeks. We are past these timelines so I am happy to believe that no news is good news. We may not get any update until all the evaluation has been completed. Many on here have waited years to drill in the SWP, another couple of weeks is nothing. Good luck to all those that are holding.

No concern from me. Cosmetic range not on sale yet but will be shortly, likewise the Mr Checkout distribution trial is now ready to go but again not started yet. The lack of sales of the biomass is due to popularity of our own product meaning we need it for our own manufacturing. The update could hardly be better with new product ranges, increase in manufacturing expected and costs still reducing to the point our expansion plans are within the operating costs previously detailed. All very positive, Rome wasn’t built in a day but the company has come a long way in a short space of time. If our natural resource asserts prove to be more valuable than previously expected that is an punexpected but welcome bonus. Financials expected next month, so far so good and a blue day is expected today.

Any double digit fall in SP is disappointing but I don’t think there is need to over react, as one poster reminded us all earlier, we were around 4p at the start of October so in that context the SP is looking good. The new CEO has announced a new strategy, his detailed update at the beginning of October explained the cash position so anybody posting ‘ the company has no cash’ so ‘ a placing is on the cards’ is singing a different tune to our CEO - I know which one I’ll choose to believe. We don’t know the revenue streams yet, it is far too early and NT did say he was aware the market will need targets and forecasts from the company and he hopes to supply these early in the New Year. From today’s interview it did sound as though the 15 ‘pilot outlets’ through Mr Checkout had not started sales yet but I stand to be corrected. I do remember him saying costs continue to be cut, and sales of seeds will start in 2020 Q1. We do need to wait a bit longer before sales figures from Chill and Zoetic are known. Rome wasn’t built in a day so patience is needed but IMO the company has a clear strategy and the foundations of a new business are in place. Let’s not be spooked by a 1 day fall quickly followed by people jumping on the doom and gloom band wagon. If they had predicted a fall this morning then they would have some credibility but everyone seems wise after the event.

I guess most people are disappointed as the expected spike has not materialised yet but as I said I my earlier post we need to give it a chance. The OTC will be trading several hours after we have closed so there is still time, even today. Yes it’s easy to forget we were hovering just above and below 4p in early October so much relief we have recently seen the tens. Most people will still have a much higher average, late teens, 20’s , 30’’S and maybe higher. What we can see now is that there is tight cost control in this operation and we can see ever the revenue is shortly coming from even if we have no idea how much. Retail sales of Chill and Zoetic products Ann’s seed sales as well as revenue from asset sales and probably warrants too. It’s easier to be patient when the SP is on an upward trend than a definite dip. 2-3 months time the picture should be much clearer, and I’ll definitely be staying for that.

Another very good interview by Nick Tulloch. He didn’t forecast a flurry of buys but thee is definite interest amongst some American investors so let’s be a little patient and give them a chance to buy in. Nick was at pains to say they had recently drastically cut expenses in the Natural Resources division and now only had 3 full time employees. One of those is RP but he is not drawing a salary. Outside Hemp has been harvested and they are weighing option up of selling immediately which will produce some immediate revenue or using the Hemp to produce CBD oil to be used in our own products. He mentioned the 4 new lines of cosmetics coming through soon as said it will be no surprise to investors that these products are aimed at the lucrative Christmas market. They continue to look to widen their distribution network. NT seems to be doing everything right just now and personally I see no reason to criticise. Revenue from seed sales to start in 2020 Q1 . GLA who are invested!

A healthy turnover of shares today which is helping to consolidate the price at these levels following some decent recent daily gains. As much as we would all like it to, the SP can’t rise 10-15% every day of the week. I am just relieved we are no longer in the depths of the 4p area. Those wanting to get out, even though they may still be at a loss, are able to do so now and get a much better return than what they would have got a few weeks ago. I am still not confident but recognise that the new CEO has put in place a clear strategy, he has and will continue to cut expenditure where he can and has started the process of increasing retail sales by the agreements he has already put in place. News of retail sales, outdoor harvest, indoor harvest, seeds sales and the disposal of O& G assets are all eagerly awaited but let’s give the CEO time to do his job. His 3rd Quarter update was very detailed with the information he had at hand at the time and whilst the listing on OTC is overdue in a few peoples eyes , I don’t think the delay is down to Nick and if it is then I trust it is for the benefit of the Company and therefore us the shareholders. Who knows how quickly the potential growth of this company will materialise, if at all, but the strategy of producing quality products and getting the foundations right before focussing on growth leads me to believe they have a good chance of being successful and a chance of being very successful and that’s what all the shareholders on here would like. All IMO, good luck to all.

Just a 100% rise then! I am sure there are many who are currently under water would settle for a 100% rise anytime soon.