Columbus Energy Resources Share Discussion Threads

[thenorth] 24/7/2017 11:54

Carbon same to you too... thanks for sharing your thoughts...I do like Leo's confidence... it reminds me of the statement that Marmite said... (NR).... you only need stick a drill in the ground and there is oil seeping up from below.... To quote another ex ceo... it's an oil mans dream.....Enough saidTN

[sean spicer] 24/7/2017 11:25

A confident and well timed interview by LK. Hopefully it will maintain interest until the permit for waterflood comes through.

[the guardian] 24/7/2017 10:42

Thanks jcg. No-one can say that Leo isn't confident. I can't wait to see some material results.

[jcgswims] 24/7/2017 10:35

Leo on BRR

[12bn] 24/7/2017 07:27

rayg422 Jul '17 - 10:50 - 3357 of 3362 4 0
The Times article here if you don't subscribe. It's probably due to an inspired and well timed piece of PR from Angel, ahead of the SC investment news (and a JORC, with any luck).

Until the 1970s, there was limited demand for lithium, the lightest metal. It is used in industrial applications such as ceramics and glass and metallurgy. It is a treatment for mental conditions, such as bipolar disorder. It is a component of nuclear bombs.

Generally, though, in areas such as Cornwall, where lithium seeps out of the ground, it was overlooked for centuries, miners concentating on more valuable metals such as tin. All that changed with the development of the lithium-ion battery, first used in home electronics and now in demand for electric cars. As manufacturers such as Volvo look to phase out the internal combustion engine and Tesla, the Palo Alto carmaker, prepares to roll out its Model 3, the first car to be squarely aimed at the mass market, demand for lithium-ion batteries can only grow, presumably peaking at the time when the internal combustion engine is consigned to history and every vehicle is electric.

Some have wondered whether the planet can produce enough of the metal to keep up with that demand from the automotive industry and whether Tesla and the others are producing cars that eventually will contain no batteries — it plans to make half a million cars next year.

The miners, including four tiddlers quoted on the London Stock Exchange, are scrambling to find new sources and ramp up production. As share price Angel, the broker specialising in mining stocks, said in a note this week: “The race is on for miners to secure their place within the lithium supply chain while lithium processors appear fairly desperate for feedstock at the right quality and the right price.”

John Meyer, an analyst at the broker, plays down fears that we may run out of the metal. “There’s more than enough lithium in the world. It’s getting the whole supply chain up and running. It’s getting enough mines into production.”

The global industry is dominated by an oligopoly of big players who will strive to keep their stranglehold intact. They include the New York-quoted Sociedad Química y Minera de Chile, operating in a country where plentiful supplies of lithium are produced, and another two NYSE companies, Albemarle and FMC. The three are reckoned to account for about half the whole market. For anyone who wants to invest in a lithium boom, the shares are easily traded and can be bought via the usual dealers here.

Two other big operators are Chinese. China is central to the lithium story, Mr Meyer says, because that is where the action is. Processors who refine the metal into the form used in batteries are desperately sourcing new supplies. One Singaporean business that supplies the Chinese chemicals industry and the lithium processors, in particular, is taking a 19.99 per cent stake in one of those four companies on London’s Alternative Investment Market, Kodal Minerals.

This is seeking to produce lithium in Mali, western Africa, with first production expected within a couple of years.

A second, Bacanora Minerals, is seeking to develop its Sonora project in Mexico. A feasibility study is expected by the end of the year. If the project gets the go-ahead, first production could start in 2019.

The third is Savannah Resources, which this month has raised £1.3 million and is developing newly acquired assets in Portugal. Last comes Cadence Minerals. This, the renamed Rare Earth Minerals, adopts a more portfolio approach, taking stakes in mainly lithium mining projects and companies in areas such as Australia, Mexico, Namibia and the Czech Republic, and has more than £40 million invested so far.

“I think companies like Kodal and Savannah and Bacanora are the way forward,” Mr Meyer says, “but there’s risk associated with it.” And how. The fledgling lithium mining industry makes those wildcat oil and gas explorers that have made and lost investors’ fortunes over the years look like a sure thing. The upside is that if they become too successful, one of those big players will roll over and buy them.

[offerman] 23/7/2017 23:16

What are Andrew Monks predictions. ?

[nexus7] 23/7/2017 21:02

From PMTS Sat 08:00
-------------------------------------

Company value

How much are the assets worth?how much does the management team count. How important is the geographical location. How important is a revenue stream when exploration underway.
If the answers you get are positive then ask yourselves why does LK get involved, a successfully proven oil man with a wealth of experience and network of contacts. Watch the video. Listen to the bit about unusual high grade oil seeping up from a big wedge.
If proven to be true how much would the assets be worth.
IMHO a few percentage gains do not matter. This could well exceed Andrew Monks predictions and is why I again topped up yesterday.

[the guardian] 23/7/2017 20:47

Whatever the reason, I hope that the people selling now live to regret the decision. No spikes please, just steady growth with less volatility than we have had in the past.

Not long before all will be revealed.

[carbon man] 23/7/2017 09:19

The North. Seller is still lurking I feel and the weekend is a long time and the Trolls come out to play on Sunday pm. Only IMHO.
Good luck. I have always sold to early in this stock but one never goes broke by taking a profit.

[carpadium] 22/7/2017 19:31

Not convinced there's 'a seller' involved here, just a stream of weak, desperate, impatient and frustrated short-term traders imo. It's never going to happen fast enough for those incapable of understanding a clear strategic road map.

[thenorth] 22/7/2017 17:49

Carbon may I ask why??? I suspect the seller is not yet done is perhaps a few more days like the last few to come before lift off??

[carbon man] 21/7/2017 23:31

I have checked my charts and decided to wait until after the weekend.

[the guardian] 21/7/2017 16:14

I wouldn't like to be out of this over the weekend :-)

[12bn] 21/7/2017 15:45

Edgein28 Jun '17 - 17:10 - 49 of 108 1 0
12bin,

You don't have a clue here just like KOD. How you managed to find a high upside company like KOD after investing in/////////// Kod is far less risky than CERP/LGO imo

[12bn] 21/7/2017 13:45

I cannot see 2.40p bid lasting much longer,the MMs will probably drop it to 2.20p soon,imo.

[the guardian] 21/7/2017 10:48

Ah yes, the old 'proof on cocnep.'

[12bn] 21/7/2017 09:31

Well that attempt at a rally failed miserably. Last out gets the least here imo.

[12bn] 21/7/2017 08:34

No,this was pumped up on unrealistic promises,not reality. High numbers were picked for production increases and share price increases,it was blatant ramping by Koot. Mugs fell for the ramping but now many want out. The best that the rampers can post now is 'there's Xm of barrels in the ground'. There was the same amount of oil in the ground all the time NR was in charge and the share price fell from over 6p to 0.12p, he couldn't exploit it profitably and I reckon the same will be the same for Koot. We shall see.

[the guardian] 21/7/2017 08:26

Lost a lot of money in the past did we? Destined to a life of negativity and moaning. It wouldn't surprise me if all you moaners are the same person.