Member Info for steward1

Juste,

GR has already clearly signalled his plan in some detail. I'm not sure what your point is.

Just popping by to see what's what and surprised to see some names posting so frequently and vociferously!

Like many folks here, I suspect, I'm now beyond caring how we got here and I'm only concerned about what happens from here on in. Unless I've missed it, I'm very surprised that we've not heard anything from GR for a few weeks. I don't think anyone here can say with any certainty what is or isn't going to happen vis a vis government funding, NewCo, Cirum, etc. If there is anything true, it is that we can expect the unexpected!

Personally, I've got slightly more confidence now that GR will get something out of the Zim gov't despite what Moljen says and I think it will happen sooner rather than later. Whether it is enough is yet to be seen.

Perhaps, GR's silence has something to do with not being allowed to say anything until the deal is done!

Good post, Pearls.

At this point in time, I'd suggest that one might want to be on the same side as MA. He's already invested tens of millions buying his share of DEB and he's simply not going to let that investment slip away. I don't know how all this will play out but I reckon that anyone's current investment in DEB will be worth a lot more in the not too distant future.

CERP is certainly the "be all and end all" of your posting history though, Ross.

Good attempt at persuading people that your OCD for CERP isn't real but your posting history suggests that it is the only oiler in town.... unless, of course, you've got some more user names???????

Peter, I'm now sitting at 4,092,225!

Apologies, Teacup, don't know what came over me there!

Hi Neon - I know exactly what Ross and Irene are up to! Good on them for calling this right for a few months BUT I actually doubt that they are making any money! I don't think that they've got the balls to short this!!

And if there intention is to invest at some stage, they're at serious risk of missing the boat.

Seems to me, Ross, that you're not a real investor and that you'll never invest in CERP.

You do invest a lot of your time in commenting on CERP, though. I wonder what the cost of all that time has been...time that you'll never get back and that could have been more productively invested in so many other things!

Anyway, each to their own!

Here endeth our exchange!

You are definitely softening your stance, Ross! A pre-SWP turning point!! Are you sure that you're not invested now?

I'm very happy with LK and his team - one of the most open, honest and up front CEO's on AIM.

Beginning to sound like you're turning positive, Ross. Glad that you're beginning to see that "cashburn" will be greatly reduced in 2019!!

Soon enough, you'll begin to realise that the value placed on SWP will begin to be ramped up and that even a placing should see the value soar.

Because of your rejection of anything that LK says or does, you're dismissing that anything remotely positive can happen between now and when drilling starts at SWP. Watch LK's video and listen carefully to what he says about potential deals!

I thought this was your day job!

Hey Ross,

I've resisted the temptation to respond to you for some while now but thought that I would throw in my tuppenceworth again.

Simply can't believe that you're still banging on about cashburn and your trajectory but here's a couple of things to consider. Given the quarter that CERP have just had, it's clear that the "cashburn" is pretty well managed - wouldn't you agree? If the ave bopd had been a bit higher, let's say the same as the preceding quarter, then the "cashburn" would have looked a lot healthier (stating the obvious here, I know). The peak production figure signals the potential for a healthy increase in average production this quarter but your trajectory takes no account of that. What do you think the "cashburn" would be if the ave bopd heads towards 800 or 900 bopd in this quarter? What if the ave bopd heads towards 1000 or 100 bopd or higher in the next quarter? What if the water injection at Goudron starts to see results (only a metter of time, imho)?

If you are really serious about investing in CERP (and getting in at the bottom), I guess that I'm highlighting to you that LK's strategy is working and you need to be thinking about investing real soon! As you can see, the sp is holding up pretty well today given the fall in ave bopd!

AIMHO of course, but I think it's time for you to join the party!!!

Excellent news, especially getting the minister to confirm their intentions.

Things are looking a bit rosier now - good to see a slight uptick to the sp. GR could well pull that rabbit out of his hat!!

OK, the ave bopd is a slight disappointment but peak production bodes very well for a very promising 2019.

For me, it's clear that LK's strategy is working.

Looking forward to a year with increased production, some dandy deals and, oh, a very tasty SWP!

Good to see a wee bit of movement up the way!

If we've learnt anything with George, it is to expect the unexpected!!!

It would be real good to hear something concrete about funding from the Zim gov't!

Yep - this is perplexing!

I'm surprised that we've not seen a bounce back towards 30, tbh. I reckon the November experience will turn out to be a blip - sooner we get some further info, the better!

The longer that we languish at these levels, the more that we'll be exposed to a takeover! ASOS would be a very attractive proposition for some big retailers.

I agree with some on here that the Zim gov't and minister are just getting up to speed with PREM and RHA so I'm not surprised at the questions and need for clarification . The potential injection of funds is excellent news and, at the very least, indicates the Zim gov'ts desire to get RHA back up and running.

I'm very encouraged by the update!

Just popped by to see if there's any movement with RHA. Was there to be a meeting with the minister today?

Yep, Wile - it has always been so with PREM but one piece of good, solid news should see the SP soar. The risk/reward ratio has never been better but nothing has gone right for PREM for years. I'm not holding out much hope that GR can turn this around BUT the potential value of Circum alone makes it worth a punt at this level, aimho.

Looked in this morning having seen the sp dip below 0.001. Not surprised that the drift down has gone this far - whether it will drift much further, I don't know. Some buys indicate that some think that this is the bottom.

I heard someone say on CNBC the other day that you should be "buyin when everyone is cryin" - plenty of "cryin" going on here and for good reason but I wonder if this is the bottom.