Member Info for willec

I agree, LK would not have gone for this and carried out due dd still recommending a merger if he though Preservance would be a duster. Esp when he is being paid in shares.

Would you get paid in shares for the last three years, then due DD with a company and reccomend a merger with the risk of a duster??? I know I wouldn't

Lets get this right predrill BPC 20p (CERP equ. 16p) I would take that for starters

We all know it is there. The question is 'Is it commerical' or not?

Listen to what he said about all the research is similar to Saffron. Oil is there how is this risky. Now Irene is breaktime over back to reception class (Yr 1 is it)

Remember between now and spud CERP have found oil and waiting to produce. CV19 has held everything back. Hold on or you will miss out. this is big.

This would make us close to being if not in the FTSE 250 would it not?

Looking very good for both companies looking forward to a rosy for months. He has mentioned 500,000,000MC on several ocassions in the past. This man has influence. Looking good

I like this opportunity and to mention AGAIN 500 billion M/C woah!!! He has mentioned this before and been in the oil business for 30 years. I am pretty sure he knows what he is doing.

https://www.youtube.com/watch?v=1LoJi9l-k4w

HAHA LGO-fan, obviously this now is in very high demand to view,heaven knows how many people are trying to get on to the site. You pay upfront for certain capacity on your website. If this is breached like today it is not the company fault we are a small company why watse money on excess traffic when up until now it has been modest. I see this as a positive just shows the demand for the share - BLUE all the way from here. Thankyou LK

Still too much traffic to view site

Thank you Acuteperception

Blue starting to arrive on both boards after BP's news on the oil price. Expect positive later on maybe the CERP sh have actually realised how good this news is. watch the buys begin to come in.

I apologise my typos

I expect for the next week BCP will rally big, could easier do 10p by end of week on CERP merger view as it is going from no oil production to potential oil production big time in 3 days. Then even greater interest with spud on its well and because of the merger possible CERP will catch up, for example 10p share price for BPC is 8p for CERP (15p is 12p and so on)

BPC is not a 'one trick pony'.

The Company has a clear and unambiguous obligation under its licences to drill an initial exploration well in The Bahamas during 2020. Discharge of this obligation will then allow the Company to enter the next exploration period, running for a further three years, and in the event of success seek a 30 year production lease that would allow for development of any discovered commercial reserves.

Drilling our exploration well will drive shareholder value. Recently, “the mission” seems to have become “get a farm-in”, whereas properly speaking “the mission” is and always has been to deliver the results of a first seismic-driven exploration well in The Bahamas.

The next 3 – 4 months will see the Company deliver on this obligation. Key news flow events will be announced related to rig and integrated well services delivery, environmental permits and data acquisition, provision of skilled people and funding. It is in this short timeframe, working on all four fronts, that will see drilling targeted for late 1Q2020

Simon Potter, Chief Executive Officer

It has reached terms in Uruguay and heard some news from Argentina also did I not (On trick pony HAHAHAHA)

'for the share holders, if the share price of both cerp and bpc increases dramatically ( by that I'm looking at 12p cerp 15p bpc ish ) then most cerp shareholders can get their money out then at least most of them won't be fleeced. that's about the only positive I can find in this deal for any of the long term investors.'

What is the matter with 12p per share that in c600% profit from here.

This IS a MERGER. i repeat M E R G E R - MERGER

Do you understand?

A merger is an agreement that unites two existing companies into one new company. There are several types of mergers and also several reasons why companies complete mergers. Mergers and acquisitions are commonly done to expand a company's reach, expand into new segments, or gain market share.

If you do not understand - go back to school pleebs

told0610 - Look at BPC presnetations recently good suitor - defintely - a lot going for them in the next few years.

https://www.youtube.com/watch?v=aG6q3RbB1oA&feature=youtu.be&t=1469
https://www.youtube.com/watch?v=FfU_9wVTndo&feature=youtu.be

plus recently acquisitions

This is a merger, not a take over, and we have grow our asset base.