Surely, the fact that a lot of top organisations have taken an interest in the farm out opportunity and this will help when it is finalised later this year. I can't see all the work on OFF-1 being ignored by the big organisation who may like to be involved and if Shell are to farm in, for example, that will be massive for CEG. They have two very valuable blocks in Uruguay which I am certain majors will what a part of and as we own both we are in a very strong position.
The only thing I do not understand is why this bulletin board in full of trolls who do not obviously own shares. Haven't you all got anything better to do. It is utterly pathetic trolling shares thaou do not even own.
To be honest I do not give a @@@@ about the Bahamas, unlike all you huggers. Uruguay has shown a lot more interestand looks a fantastic opprtunity. Just be patient and wait the 'Farm Out' in the next few weeks.
Madmaxium, whatever you mumble on about the fact is CEG's acreage is worth an awful lot on its own which is not accounted for in the share price and this will continue to increase in value on the works carried out by the majors. Basically, the share price of 0.055 basically includes nothing of our Uruguay asset.
So when a farmout happens at OFF-1 and then OFF-3 we will re rate for sure.
You can not seriously say Uruguay is price in yet, so wait for the re rating which will happen.
Oh my god seriously, sometimes naturally thing mean they have issues, all oil companies are subject to this. Not only that but it was explained at the time the company thought it was wise to save money and diversify rather than continuing which was a very wise decision.
The reason is that having a diverse portfolio allows for more opportunities.
Also, as I remember for months before people were saying on this board how the company would never get the drill in the ground and they did. The same thing is happening now - just shows you how stupid people like you ZagEgypt actually are.
Grolly, I know but when it comes to the obvious and these trolls can not see that the company is in the best position it has ever been in producing oil and on the verge of a Farm Out any day or week now on OFF-1 wich OFF-3 to come you begin to wonder what these trolls are here for. Especailly, when they own no shares.
What is the point in trolling a share you do not own. Probably sad idiots who believed in the Bahamas and they compare the Bahamas with Uruguay. HAHAHA!!!
Uruguay has a lot more to offer and once we get drilling and finding oil they would have wished they had purchased shares in CEG.
Literally weeks away, if not days, perfect time to buy in as you will not see these prices after a farm out and only a short time to buy in. Enjoy the ride up when it comes, which could be any time.
URUGUAY IS GOING TO BE MASSIVE
Ok laallee, you ar@@@ole, https://www.timeanddate.com/countdown/newyear
ok laallee, you ********, https://www.timeanddate.com/countdown/newyear
Why not!!! - then again I forgot this board is occupied by sad trolls who have no shares, which begs the question why they are here. Anyway, not worried about the sad losers more interested about the Uruguay journey and the forthcoming re rating in CEG and onwards.