Member Info for Scarface72

When you can sell your shares for higher than the current share price. That should tell you all you need to know about where this stock is heading.

Partridge must believe the opposite. That it would have been better for Echo if the Argentinian government payed $5 dollars per barrel. Another cluesless numpty... who probably misssed the 0.3p entry point.

You got to love it when they squirm.

Thanks for the link LTID. Given that a huge company like Exxon are buying into offshore Suriname assets can you imagine the value of CERP could reach if successful in tapping into the reservoirs onshore.

Exciting times ahead.

Unfortunately very few stocks are rerating at the moment regardless of the discoveries or injection of cash into the business. Particularly in the oil sector... The major rerate will happen when things get back to normal. That's the reality of it.

Load up and wait is the name of the game.

Wow. That is massive news.

The drop was driven by the delay in getting saffron drill results back... And general lack of RNS activity. Plus the possible inpatience of a cornerstone investor who bought in at a higher share price.

Jan to March radio silence was interpreted as a saffron duster.... Then covid.

Saffron turned out to be a $100m find... But Covid and some dilution is preventing the rerate.

Sounds like LGO missed out on the <1p bagging opportunity. Tut tut.

0.79... Is cheap. A lot of upside from these levels.

The worst posters are the ones that spend years bashing penny stocks but never ever recommend the AIM stocks that they think are good.

The reason being is that they haven’t got a clue. They are so easy to spot too. Just ignore and filter.

Yes. It was a huge tree shake.... the seller could have sold on market open and got just under £50k. Must of needed the money urgently to lose out like that.

Tree shake... As big buys coming in....and lack of stock. Possibly.

I'm hoping it's dangerous and risky. Otherwise there's not much money in it. You want the world to think one thing... Whilst you bet on the opposite. That's where the Real BIG gains are.

Over $100m NPV from just saffron alone... and we haven’t even got started properly on the SWP not to mention the Suriname.

With oil prices and oil company share prices on its knees right now... I predict a serious bull run coming in the future.... as the masses return with a mad case of FOMO when life finally returns to normality.

CERP on track to hit mid cap status in 2-3 years time in imo.

It's hilarious how the derampers spent almost 6 months posting negatives about saffron... Then when their lies got exposed on Monday they fall back on the 3-5 year plan... Make your mind up peeps... LTHers have been telling you this for how long now. Your crediblilty is shot.

Like I said come back after covid is a distant memory and oil price is back to normal.

Year 3 of the 5 year plan.... don’t worry about the current SP. That is more important to the nervous nellies.

This is all about future asset valuation. How much oil is under the SWP ?
Saffron is transformational because it is proof that CERP hold an asset that will be far more valuable in the future.... and in a post covid environment.

The saying “Sitting on a gold mine”... comes to mind.

The derampers have another 3 years of posts to write... best let them get on with it.

Yep.... but it’s going to come at a price of deramping posts for the next 3 years of your life.

Just cus you didn’t buy in last week... time or money pick you poison.

They must feel sick... 1p share price.

You could have had a free ride now and we haven’t even started. That’s gotta hurt.

Anyone able to predict what the entire SWP acreage is worth. Not to mention Suriname.

Year 3 of the 5 year plan.

Not going to sell any until this hits the mcap it deserves.

CERP looking like it’s going to sail through the global economic crisis.

Fantastic news. Now the SWP asset has a massive $ worth attached to it.

Saffron is merely a start to a company that is on its way to a £500m mcap in the future. Brilliant work Mr Leo koot and team.