Columbus Energy Resources Share Discussion Threads

[the guardian] 22/8/2017 07:58

With reference to the above, I can only conclude that environmental approval has not yet been received or that the company only intends to give quarterly updates.

[nexus7] 21/8/2017 20:53

From cperkin Today 16:16
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RE: Columbus

Not much left of Q3 and September is almost upon us.

"The fast-tracked implementation of a simultaneous multi-pilot and multi interval approach to Goudron Field water-injection, commencing Q3 2017, as opposed to the previously announced single pilot water-flood strategy which targeted just one reservoir interval "

[12bn] 21/8/2017 08:29

I still expect placing news here,as I suspect that LGO/CERP is still losing money hand over fist.

[dodge city] 20/8/2017 19:08

What are you like?

Sub 2p next week imo, unless Koots has another video in the pipeline.

[carpadium] 20/8/2017 18:23

FWIW.....still don't believe there's any connection between WTI and CERP share price BUT, through correlation or pure coincidence, every week since the company became CERP has produced matching weekly movements. Where WTI up on previous week likewise CERP, where WTI down likewise CERP. 10/10.

[nexus7] 20/8/2017 11:42

From Jon009 Today 11:29
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Bopd output

If the Bopd output can be increased by 100 Barrels of high quality oil, to 520 bopd from approx. 420 bopd, then in theory CERP should be bringing the following amount of revenue:

520 Bopd x oil price of approx. $48 x 365 days a year = $9,110,400 USD cold hard cash.

Not too shabby.

Obviously this figure is just an approximation and doesn't take into account any costs. It would be good to see the next set of financials to see what our current cash position is in terms of assets vs liabilities.

Obviously any increase in oil price or bopd output will make this figure look even better.

All imho.

Cheers, Jon

[the guardian] 18/8/2017 16:08

I think that Leo will do a good job BUT I don't like the idea of him limiting the number of RNSs. Chances are that there will be mass selling into any good news because punters will know that they will have plenty of time to get back in at a lower price.

[robo15] 18/8/2017 15:52

Dropping out of that pennant on a Friday afternoon looks worrying !!!

[dodge city] 18/8/2017 15:15

Plenty of time here, Koots couldn't go much slower if he stopped altogether.

There is no way he is going to keep to his own declared timescales.

CF+ this year - highly unlikely.

Koots better put another video out on BR Media just to keep interest going before this slides back under 2p.

[dodge city] 18/8/2017 11:35

Ross,
You pals on LSE are ramping scumbags.

There were 2 250k trades today which was clearly a rollover and your scum friends on LSE are spinning them as buys,

LSE is a house of filth.

[the guardian] 18/8/2017 10:30

I meant that the board was very quiet. How come you have tumbleweed blowing through your house?

[humphries1] 18/8/2017 09:55

The Guardian i got loads of them things in the house, do i blame it on holding cerp shares

[nexus7] 16/8/2017 20:15

From bigmj Today 17:40
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RE: Morning all

still here and checking in from time to time, I am 100% confident that the new team will deliver. LK isn't the kind of person to RNS every minor piece of news , however I do expect a decent update in Sept as do most of you.

[nexus7] 16/8/2017 12:24

From in4cedros Today 10:41
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RE: Morning all

LGO-fan - in the end ' The Bigs ' were able to achieve the changes most believe will give the company a better chance of asset development in a reasonable time frame - I didn't see them on here every five minutes attempting to undermine the company and the share price but they did have regular contact with management - it could have been much worse shareholders were on the brink of total loss on occasions - not helped by Ross's contributions which regularly concentrated on when the next Placing would have to be and daily countdowns based on his ridiculous self imposed time constraints based on ignorance of the company's cash flow.

Horseyhead - not a lot of hard info to comment on but I'm certainly supportive of the new strategy and I believe Leo will be able to garner necessary support to develop projects whereas the old guard were rather a busted flush after they recklessly handled that C Sands campaign ATB!