Member Info for tozzer

well if pi's want in at the bottom now is the time. I'm tucking as many as way as possible near placing price to get the average down. most here are at 4p plus !!

http://www.piresinvestments.com/shareholders.php

Shares in Issue Pires Investments plc Ordinary shares of 0.1 pence are listed on AIM, London Stock Exchange. The shares are not admitted to trading on any other exchanges or trading platforms and the company has not applied or agreed to have any of its securities (including its AIM securities) so admitted or traded. Number of shares in issue: 28,900,805 Number of shares not in public hands: approximately 70.47% There are no Ordinary shares held in treasury. There are no restrictions on the transfer of the Company’s Ordinary shares.

shells aren't everybodies cup of team but I have done extremely we;ll off them this year. The secret is to build a position whilst its quiet and off radar, you can buy now at a few percent above the placing. Get a decent position early and wait for everyone else to tip us is my plan. GLA

well with mcap just above cash and only 29 million shares in issue it won't take much to send this off. Looking at the share register is look tight in terms of free float too. GLA standby your beds !

Under water here now but what puzzles me is why raise now 4 weeks after they stated in an RNS that they had sufficient cash. Have they identified an acquisition and why have PRS taken duch a large chunk? I suspect that the institutional investors and PRS will know a lot more than us mere pi's. Lets see what the company says they are to do with the 500k. Could be a turning point.

I'm selfishly hoping no RNS tomorrow. GLA

why is the mcap here so low ? given todays news or is it the start of the rerate back to 18-20p ?

I hope not having read the Ericson article how on earth is this at the mcap it is ? Anyone ?

in here today at 395, felt timing was good given most of the placing stock has churned and podcast next week. Mcap £1 million first rate BOD, nuff said. Great value. GLA see you at 1p.

assuming a similar cash burn bwtween 1 Jan 2016 and 30 April 2016 as that between listing in Nov 2015 and 31 Dec 2015 I would assume that cash balances are around £700k. So for arguments sake the company is currently valued at cash and no value has been added for potential whatsoever. therefore its a buy at this level all day long imo.

indeed and at the moment you can pick these up at 20% odd discount to the finance raise recently. sssshhhhhhhhhh :))

Spot on there, htey raised net £1.11 million at 5p. The Company has raised £ 50,000 through the Founder Subscription . T ogether with the Placing proceeds of £ 1,250,000 , the Company has raised gross proceeds of £1,300,000 and Net Proceeds of £1,119,150 . The total expenses incurred (or to be incurred) by the Company in connection with the Placing , Admission and incorporation of the Company are approximately £180,850 .

who know what we might relist at but for me its more about where we are in 12 months plus. DW has stated that the real revenue comes from the gas to power sector but his first focus will be to generate revenue from producing oil fields.He has said that he will be disappointed not to achieve 3000 bopd. That revenue will then support the gas to power side of the company and that is keeerrrrrcchhhing time. For those of us who are prepared to hang around for 12 months plus. DW has set himself a first oil target of 3000 bopd. Now if you compare Ceb to its market peers with similar bopd that would give us a mcap of around £100 million and that's conservative figures based on a reduced oil price of $48 per barrel. Now start to factor in the gas to power revenue which is the companies main focus and value driver and the numbers get quite mouth watering. Then run the calcs for $60 per barrel, then $70 which will be back and it gets bigger, much bigger. Leave that one with you to mull over. Patience is all that is required, patience. DW and the team will do the rest, all we have to do is wait. ATB and DYOR these are only my own thoughts

I personally hope we are suspended until 2016 to allow times for assets, finance and a rebrand to take place, plus reshuffle the bod. Then 1.5p will be history imo.

good post and yes Indo like may areas will have it's challenges but that's why DW is putting the right people around him that will unlock the deals. It's exactly why Slamet and Didiek are so critical to the BOD and that's why they joined CEB. It's all playing into CEB's hand perfectly.

it was suspended for 4 weeks last time, this time longer imo. Longer means bigger gap up on relisting imo.

here for those who are prepared to hang around for 12 months plus. DW has set himself a first oil target of 3000 bopd. Now if you compare Ceb to its market peers with similar bopd that would give us a mcap of around £100 million and that's conservative figures based on a reduced oil price of $48 per barrel. Now start to factor in the gas to power revenue which is the companies main focus and value driver and the numbers get quite mouth watering. Then run the calcs for $60 per barrel, then $70 which will be back and it gets bigger, much bigger. Leave that one with you to mull over. Patience is all that is required, patience. DW and the team will do the rest, all we have to do is wait. ATB

http://www.podcastchart.com/podcasts/the-advfn-podcast-with-justin-waite/episodes/329-ceb-resources-ceo-dave-whitby

http://www.rigzone.com/news/oil_gas/a/140938/QA_Why_CEB_Resources_is_Focusing_on_Indonesia