Member Info for wraith

The way I see it, my job, is to manage the placing of Capital available to me,....not to try & manage the companies I invest in,....that is the job, of the highly skilled management teams, of the companies, that I select.

BW

Yep, agree burnie38,..."2019 is the year they have been waiting for",....having used some of my Cash profits, from PRD, to Buy back 85% of my original Core CERP shareholding,......
I have now doubled, my targeted Core CERP shareholding,....which means, I have quite a few more tranches, to Buy here at CERP,.....looking forward to SWP unfolding.

BW

No complaints from me,...PRD s/p has performed very well, since I first bought in (high s/p@2p level from memory).

I have top sliced, to free shares & banked cash profit,......potential upside, from current s/p levels, looks huge, if all goes to plan,....PRD is one of my Banker (will never be right out) shares.

BW

Tune, for those, that like lots of noise: https://youtu.be/kK_eQImKnPA

BW

Yep, your right on the money there Chesh,......on both counts,......"The Bored investors" & "SWP drill funded............ end of",......stepping stone approach, for SWP, if memory serves me well,....mentioned in one of the interview clips.

Been on sidelines (sold all my CERP shares), when s/p@3.5p placing announced,....started buying back in 10/01/2019, first tranche s/p@2.85p,.....bought second tranche 04/02/2019 s/p/@2.5635p,.....giving me back 85% of my original Core CERP shareholding, at a not to shabby, current Gross s/p@2.75161p,.....was always going to be invested in CERP for SWP,....the s/p@3.5p placing, left me feeling uncomfortable, hence my temporary move onto sidelines,........very comfortable, to be back in, at my, "not to shabby", current Gross s/p@2.75161p.

The noise (DERAMPERS) on this board, I ignore, don't believe in using filter.

BW

Yes, at current exchange rate ($1.3 to £1), those figures do give a Market Cap £130.77m approx (s/p@19.65p approx, with 665.35m shares in issue),....mouth watering thought, that would be over a fifteen bagger, for myself,.....then we have Barryroe Deep & the Gas to consider.

Hope the Chinese, don't take us out, DelBoi,....we deserve full value here, have waited long enough for it.

BW

Not long to wait then SUFCESSEX,....for some recognition, by the market, of the success achieved to date.

BW

Exciting times indeed,TarryBreeks,....guidance, as to when CPR & flow rates, are expected to be released to market, would be good.

BW

Just had a look,...here at LOGP, sitting on a Gross average s/p@1.28235p, myself SuperOwl,....doubt we will come back down to those levels again,....guess we will probably, be averaging up.

BW

Oh yes,....I have very high hopes, for PVR & others that I hold.

BW

Yes, number of shares held LONGWAIT,.....with virtually all of my shareholdings, I target six figure Core's (minimum shares held).

I do agree, LOGP does appear to offer, exceptional upside, from current s/p levels,....but then, so do some of the other shareholdings, that I hold,.....will be interesting to see, which shareholding performs best,....I build the Cores carefully, taking care, to keep each Core Gross average s/p, at a level, that I am comfortable with.

BW

That is a good move, with the SIPP, JH77,....I'm probably a bit older than most posters (71 years old),...I draw pensions & have a portfolio of rental houses (which is why, I am a working, pensioner), instead of a SIPP,....hence, I use two ISA's, for shares,....I wish you well also.

BW

Nothing wrong with being cautious LONGWAIT,....was tempted to take my Core LOGP shareholding, up to a seven figure Core shareholding,...caution got the better of me, but I still have a very good six figure Core shareholding here at LOGP, along with a six figure Core shareholding at PVR,....will probably increase both, as drill gets closer.

BW

Ah, had not realized,.....can't hold off for long though rxdav,....thought I had done well, at s/p@2.5635p Buy price,.....got that Strong Buy feeling here.

BW

Yep, same here JH77,...holding Full Core LOGP / PVR shareholdings, for Full drill results (all held in two ISA's).

BW

Bought another small tranche, myself today Stach,.....also see it as a bargain myself.

BW

Good, that you are still with us, for Barryroe etc,...welcome back Sobeit .

BW

woody2002,....What I would like to see, is SNPC on a farm out, free carry position, for first few wells,....at present, they are financially weak,....don't mind how that is achieved.

BW

That is answered in presentation clip ( https://t.co/oTkKf8t6Me ), elts23,...."SNPC scrambling, to see if they can find some Cash".

BW

woody2002,......SNPC have not got the cash, they need a free carry, on early wells (imo),....to get a free carry, they will need to give a percentage, of their interest in Tilapia field, to whomever farms in.

BW