RE: Key ROI facts and the Circus tour29 May 2021 14:24
Bohemia I have given up reading Starchild's posts. Hope that doesn't cause offence. I just came to the conclusion that there is no longer any point engaging or debating why I disagree with any of Starchild's points because; 90% of the post will just be copy & pasted the next morning with a new addendum.
In my opinion if I read Stars post on a Monday, I don't have to read any other post for the week.
I find Friday's is probably best to quickly scroll past because its has all the addendums for the week.
But to be fair to Star, he provides the content for everyone else to squabble about. I think many regular posters just come here to see the fireworks.
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We are maybe 3 weeks away from full year figures. Unless we have moved to BPC full year reporting date. I don't know when that date is. I am expecting this 2020-2021 years admin costs to be very high with everything that has happened this year.
The previous year loss was £4.6M. I am expecting a higher figure.
Looking forward in the very short term with 2 potential successful drill results; production could be increased by 250bpd+ . That is a 40-50% increase on current production. So I don't agree with your "one trick pony" opinion.
I see T&T as a 3 pronged asset being Goudron, Iniss Trinity & the SWP. And shortly Suriname. You might see it as 1 trick, I see CEG as having 3 soon to be 4. I am hopeful of an 800bpd figure by August. And that is literally all I am focusing on.
I am more confident that CEG now has a corporate structure to iron out the outstanding company creases. I am not expecting a midcap value by the end of 2022. But I am optimistic a breakeven ROI view by then.