Share Name Share Symbol Market Type Share ISIN Share Description
Columbus Energy LSE:CERP London Ordinary Share GB00BDGJ2R22 ORD 0.05P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 4.125p 4.00p 4.25p 4.125p 4.125p 4.125p 174,658 08:08:44
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 4.8 -5.0 -0.9 - 26.78

Columbus Energy Share Discussion Threads

Showing 7901 to 7925 of 7925 messages
Chat Pages: 317  316  315  314  313  312  311  310  309  308  307  306  Older
DateSubjectAuthorDiscuss
21/8/2018
09:28
12bn - Lind must be barmy 12bn unless they think there is a reasonable chance of the share price exceeding 8.1p over the term of the borrowing. If that happens and Lind convert they will probably sell all the converted stock in the market, in an orderly manner - and you will be blubbing like a baby, AGAIN 12bn!!!!!!
arrynillson
21/8/2018
06:52
xippy20 Aug '18 - 13:51 - 5557 of 5560 0 1 0 Did none of you detractors watch the AGM video. LK said that they would be able to use the vast amounts of water to inject into Goudron. This in itself should in the long run reflect in the increased oil production they will get. And they won't be paying for the water! Seems all you chaps are impatient. Lind may be many things but not stupid and I'd be happy if the co. Borrowed money to only repay conversion at 8.1p a share. Is that not twice the current share price. DYOR/////// xippy,do you really think Lind would lend out money to have it repaid in shares at 8.1p when the share price is half that? Only idiots would believe that. The 8.1p only applies if Lind themselves request repayment in shares BUT if Cerp request repayment in shares then the shares are issued at MARKET PRICES. Cerp could opt to repay the loan with cash of course.
12bn
20/8/2018
21:50
12bn - I notice the share price ended up 4.4% today - I know you were disappointed it didn't reach 4.25p as you mentioned it during the day although I still can't fathom the fascination for you as you keep telling us you have no financial interest in this share - this constant monitoring of the share price appears rather odd behaviour - at least train spotters ( I believe ) get out in the fresh air and probably enjoy exchanging views on the railway - I doubt they hate the railway in the way you seem to hate CERP!
arrynillson
20/8/2018
17:31
Emerging Markets Turmoil Revives a Dreaded Old OPEC Ghost ► Oil cartel has memories of the impact of 1997 Asian crisis ► Saudis are likely to adopt a more cautious policy approach For more than two decades, OPEC has tried to avoid repeating a mistake that cost it dearly. In November 1997, at a meeting in Jakarta, Saudi Arabia convinced fellow oil producers to boost output, ignoring a crisis brewing in emerging markets... The output increase came at the worst possible time. What in November 1997 looked like a hiccup, by mid-1998 was a full emerging-markets crisis spreading to Russia and Brazil. Global oil demand growth slowed, in part because of an unusually warm winter in the northern hemisphere. Benchmark oil prices fell below $10 a barrel, the lowest since the 1973-74 oil embargo... Https://www.bloomberg.com/news/articles/2018-08-18/emerging-markets-turmoil-revives-a-dreaded-old-opec-ghost
nexus7
20/8/2018
15:50
Seriously 12bn you always come up with this scaremongering story about the Lind facility - people know how it works - we've experienced it before with the loan they have just finished with Lind - you said CERP couldn't afford that and would be repaying monthly in shares - not so 12bn they upped production - which you said they couldn't manage - and serviced the debt in such a manner Lind wanted to lend more to this dynamic well managed company! No one can rule out that future payments could be made in shares but I don't believe it's likely as the loan monies will be used to fund production centred projects - let's see what CERP say if and when the loan is drawdown. Since you made such a fool of yourself with the sell at 2p advice you don't seem too keen to offer sell advice targets - at least you have seemingly learned from your mistakes but I'm a teeny bit disappointed as I quite enjoyed reminding you about your market expertise 12bn!
arrynillson
20/8/2018
15:35
12bn - did you mention at one time you had a job drilling holes for water - that must have been well boring - rather like your posts,
arrynillson
20/8/2018
15:31
Might be worth looking towards the fields where the operators are having trouble handling the produced water? Water disposal in some other fields isn’t so cost effective as Goudron.
garnhiem80
20/8/2018
15:18
He also said that the vast amounts of water were about half of what was needed.
the guardian
20/8/2018
15:06
The Lind Facility Details of the Lind Facility are as follows: The Company has the right to drawdown funds as follows: -- up to US$2.25 million of convertible loans for a period of up to 180 days after execution of the Lind Facility (in two tranches of US$1.0 million and US$1.25 million); -- a further US$ 1.0 million of convertible loans, in tranches of US$0.5 million each, subject to mutual agreement with Lind and the Company having a minimum market cap of GBP25 million; Should the Company not exercise its drawdown rights within the 180-day period, the agreement will lapse and no funds will be available. If the Company elects to drawdown the first US$1.0 million ("First Tranche"), there is a 120-day repayment free window before repayment of the loans over a 20-month period during which Columbus can, at its election, repay at a monthly rate of US$60,255 in cash or by issuing shares at the prevailing market price on each monthly payment date. In the event the Company elects to drawdown the second tranche of US$1.25 million ("Second Tranche"), repayments of the Second Tranche will be over a 20-month period in either cash or equity in a similar manner to the First Tranche, with the monthly cash payment being US$75,319. Lind has the right to convert the outstanding balance on the Lind Facility to equity at a conversion price of 8.1 pence per share////// There is a lot of confusion about the Lind facility over on jcqswims thread. The 8.1p a share conversion price is only RELEVANT IF LIND ASK TO CONVERT but if CERP ask for cash under the facility it is at MARKET PRICE ON EACH MONTHLY DATE. This is said clearly in the RNS,so it is possible,imo likely,that shares will be issued sooner or later AT MARKET PRICES.
12bn
20/8/2018
15:05
xippy20 Aug '18 - 13:51 - 5557 of 5557 0 0 0 Did none of you detractors watch the AGM video. LK said that they would be able to use the vast amounts of water to inject into Goudron. This in itself should in the long run reflect in the increased oil production they will get. And they won't be paying for the water! Seems all you chaps are impatient. Lind may be many things but not stupid and I'd be happy if the co. Borrowed money to only repay conversion at 8.1p a share. Is that not twice the current share price. DYOR////// DYOR,I have but you haven't xippy. If Cerp ask for Lind cash then they get it at market prices not 8.1p a share,see my post 1196. Someone should put this right on jcqswims rampers thread.
12bn
20/8/2018
13:51
Did none of you detractors watch the AGM video. LK said that they would be able to use the vast amounts of water to inject into Goudron. This in itself should in the long run reflect in the increased oil production they will get. And they won't be paying for the water! Seems all you chaps are impatient. Lind may be many things but not stupid and I'd be happy if the co. Borrowed money to only repay conversion at 8.1p a share. Is that not twice the current share price. DYOR
xippy
20/8/2018
11:32
No-one seems to want to pay 4.25p for shares here,I cannot say that I blame them,that buying spree seems to have finished. Normal downward service to be resumed now?
12bn
20/8/2018
10:46
12bn - I don't normally post about small changes in share price which seem to inordinately excite you as a non - shareholder 12bn but as you were very concerned for the mms on Friday you'll be relieved to see that major blue this morning!
arrynillson
20/8/2018
07:02
12bn - the confusion about Lind is just in your own head - you had it before when CERP borrowed from Lind - you told us they would not afford the monthly cash repayments because production was going to fall ( based purely on your deranged hatred for CERP ) - you got that badly wrong and you also told people to sell at 2p - come back to us when the boiler room has cooled down and someone can put together some sort of rational argument! Surely Lind are barmy linking their conversion option to 8.1p - they clearly know nothing about business - except it was you who got it totally wrong last time 12bn! - when are you going to change your thread header to 8.1p ?
arrynillson
20/8/2018
01:00
Our neighbor: Venezuela's 95% Devaluation Adds to Turmoil After Drone Attack ► Harsh economoic measures may test Maduro’s grip on power ► Inflation likely to worsen after devaluation, wage increase Https://www.bloomberg.com/news/articles/2018-08-19/venezuela-s-95-devaluation-adds-to-turmoil-after-drone-attack
nexus7
19/8/2018
15:50
Possibly why the company expectation is in excess of 1000bopd! Can easily see why if the new pumps can provide sustainable output of 648bopd (reported peak production) adding an easy 200-300bopd via Steeldrum.. We will forget all the other planned works for now!
garnhiem80
19/8/2018
15:33
Brasso, no. It just means that they couldn't hit the lower target without buying 200-300 barrels.
the guardian
19/8/2018
11:04
The AGM presentation still indicates an expectation in excess of 1000bopd. •With a production expectation in excess of 1,000 bpd by year-end we will have passed the materiality threshold for Trinidad hxxps://columbus-erp.com/wp-content/uploads/2018/07/180713-AGM-Presenation-Final.pdf Imo, I don’t think it will involve any substantial work on any of the steel drum assets, as the focus is still currently on Goudron, Bonasse and eventually Icacos.. Steeldrum will just add an instant 200-300bopd.
garnhiem80
19/8/2018
10:38
Brasso - interesting idea - LK did mention in the media in response to a similar question something like it wasn't about adding the two because they had to work on deciding priorities for spending the development capital in accordance with bang for buck mantra - I believe new guidance will be provided once they have decided. This has moved from spluttering on one and a bit cylinders to a V8 but needs fettling to optimise performance!
arrynillson
19/8/2018
10:34
The Lind Facility Details of the Lind Facility are as follows: The Company has the right to drawdown funds as follows: -- up to US$2.25 million of convertible loans for a period of up to 180 days after execution of the Lind Facility (in two tranches of US$1.0 million and US$1.25 million); -- a further US$ 1.0 million of convertible loans, in tranches of US$0.5 million each, subject to mutual agreement with Lind and the Company having a minimum market cap of GBP25 million; Should the Company not exercise its drawdown rights within the 180-day period, the agreement will lapse and no funds will be available. If the Company elects to drawdown the first US$1.0 million ("First Tranche"), there is a 120-day repayment free window before repayment of the loans over a 20-month period during which Columbus can, at its election, repay at a monthly rate of US$60,255 in cash or by issuing shares at the prevailing market price on each monthly payment date. In the event the Company elects to drawdown the second tranche of US$1.25 million ("Second Tranche"), repayments of the Second Tranche will be over a 20-month period in either cash or equity in a similar manner to the First Tranche, with the monthly cash payment being US$75,319. Lind has the right to convert the outstanding balance on the Lind Facility to equity at a conversion price of 8.1 pence per share////// There is a lot of confusion about the Lind facility over on jcqswims thread. The 8.1p a share conversion price is only RELEVANT IF LIND ASK TO CONVERT but if CERP ask for cash under the facility it is at MARKET PRICE ON EACH MONTHLY DATE. This is said clearly in the RNS,so it is possible,imo likely,that shares will be issued sooner or later AT MARKET PRICES.
12bn
19/8/2018
10:25
koot will develop this into a giant
chutes01
19/8/2018
10:20
In the April 2018 presentation, CERP had a gross production forecast of 900 - 1500 BOPD for Dec 2018. With the Steeldrum acquisition does that mean the end of year target should now be 1100 - 1700 BOPD? Thoughts?
brasso3
19/8/2018
09:54
From Wraith Today 01:26 ------------------------------------- RE: Ross Q2 2018 Business Update RNS link below;- Leo Koot comment on "The Lind Facility", taken from Highlights;- "The Company believes it will be able to assimilate Steeldrum into Columbus using our existing cash resources and the revenues we are generating from our ongoing operations. Nevertheless, the Board considered it prudent to ensure we have access to additional funds to cover any short-term issues that may come our way when integrating the two organisations and when we are seeking to optimise our new assets over the next few months. We are very grateful that Lind has provided a short-term loan facility of up to $3.25 million to support the Steeldrum transaction. This drawdown facility, where Lind can convert any outstanding loans into ordinary shares at 8.1 pence per share, provides us with financial flexibility to optimise the new organisation and deal with any un-expected financial issues and once again demonstrates their confidence in the future potential of our Company. As a result, and due to the financial terms we have agreed, we believe the Lind Facility is accretive for our shareholders as it minimises any equity dilution whilst providing real financial flexibility at minimal cost." Source: Https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/CERP/13716473.html Gives good guidance, on "The Lind Facility" (converts at 8.1p),....lots of other, useful information, also. BW
nexus7
17/8/2018
13:29
12bn - everyone knows that you peek at filtered posts 12bn otherwise why would you be bothered that I respond to your tosh! I am quite comfortable continuing to respond with you pretending you don't read my posts 12bn!
arrynillson
17/8/2018
10:46
MMs seem happy to sell shares at 4.05p and now 4.04p,as many as PIs want! Is the reason philanthropy or do they have a big sell order?
12bn
Chat Pages: 317  316  315  314  313  312  311  310  309  308  307  306  Older
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