Columbus Energy Resources Share Discussion Threads

[smoggyg] 07/12/2018 15:00

arry this is down again I see,you should have taken my advice and sold at 7.25p!

[the guardian] 07/12/2018 13:49

1.2 million bopd cut agreed

[toploadermike] 07/12/2018 12:57

Price going up even with that spread, will we see in the top 10 risers today?

[arrynillson] 07/12/2018 12:27

SmoggyG - looking like TIMBERRRRRRRRRRRRRRRRRRRRRRRRRRR over at MRS after the annual results - Napoleon was reluctant to appoint Generals in his army if they didn't have good luck so I'm thinking cannon fodder might have been the height of your aspirations - hope it works out for you 12bn!

[toploadermike] 07/12/2018 12:05

No agreement reached at OPEC and then the spread widens on CERP?

[offerman] 07/12/2018 10:15

That's exactly right Nexis lower prices are no good at all for Shale. But neither are they good for Saudi Arabia Russia and many other countries which need higher prices. It's a big pendulum a big seesaw. There will probably be a range bound support level for the bottom and the top. Bottom maybe 45 top around 70-75

[toploadermike] 07/12/2018 10:13

Thanks John,

FYI, I understand there will be a press conference at 13:00 today at OPEC regarding the price cut.

ATB
TL

[offerman] 07/12/2018 10:13

That's to take in to account the recent Raise etc. I wouldn't be surprised that later in 2019 they raised that figure after well deepening results.Don't forget a large part of that VSA target only really incorporates Goudron. I think 13 to 14p is attributed to Goudron from memory. ( open to correction). There really is so much to look forward too-Waterflood - Predator CO2- asset rejuvenation right across our now broad spectrum of licences , and ever increasing.....- increasing bopd. - M &A news Maroon sooner than Green. - snowcap- and of course the big one of SWP well deepening to Herrera. - deeper well drilling around 16-22 months time. Personally I'm glad to be shot of Spain. And will be glad once that's completely done and dusted and no more costs out late to that waste of time. It could have been good but we were completely messed about.

[offerman] 07/12/2018 10:05

Morning Mike No VSA are revised down to 21p

[offerman] 07/12/2018 09:36

Morning Egg, Yes I agree I was focusing on the what ifs with regards to the RNS. I have done exactly what you are speaking about and I've got everything I have into this company because of my belief in Leo and the team as I have stated many times before having met them in person.Yes you are correct the future prospects are great, staggering really.As he will see if you look back at a lot of my posts I have often mentioned the mesmerising prospects that we have there is a lot going on behind-the-scenes and has been to get us where we are now. I have often listed bullet points of our prospects assets and the future of the company so I think if you look deeper into my thoughts about the company you will see that I am on the same page as you and your supporters. The future is excellent for this company and holders within. The fact that there has been one or two large sellers over the last year has actually given fantastic opportunities to further invest and average down to the smaller PI such as myself where I had an originally staggeringly high average but has given me the opportunity to average down somewhat. So the sellers loss is our gain. My only complaint is I wish I had more money to invest right now and I wish I hadn't bought so many up in the fives and the oversubscribed open over and I bought a lot more in the fours as well. But never mind those boys will be soon reached again with the share price as it rises and then overtaken.I really think 2019 is going to be the start of upward trend. I know i said this at the end of 2017 for 2018 and I was completely wrong but with the work load lined up for 2019 has the makings of the start of the transformation.

[toploadermike] 07/12/2018 09:32

So even with a reasonably large sale this morning the bid just went up! That's good movement for such few trades, one being a sale too..

[eggchaser] 07/12/2018 09:19

As the chaps and I discussed over breakfast - what ifs are irrelevant. We do have multiple holders who clearly support the BOD's vision and the facts are these holders are increasing their holdings - fact. The share price is where it is but won't be for too much longer. The more we extract in terms of BOPD the higher the share price The greater the reserves the greater the share price Instead of discussing what ifs of a past tense why not discuss what ifs of future scenarios - you may find that stabilises your blood pressure! We all think - follow the money. Our supporters are not where they are by making huge mistakes but do take huge risks. We wonder why they have settled on CERP after all they are not the only company on AIM to buy shares in now are they?

[jcgswims] 07/12/2018 09:16

From bigmj

RE: Thank you MJ. Today 09:06 if the share price drops you might need to allow some extra space on your spreadsheet for some more Christmas shopping from me :-)
When you hold a share and the share price drops you have 3 choices
1) has something changed in the company and now company going downhill (Sell)
2) Its just a market blip or driven by lack of news but the fundamentals remain the same (Hold)
3) Artificially low, drop due to economic and market situations, share price looks great value for the future prospects and you strongly believe in the team (Buy)

I chose 3, you guys can decide for yourselves and don't let rampers or derampers convince you otherwise

GLA

[offerman] 07/12/2018 08:36

Right in that's for sure TG. Thanks to himAnd Schroeders or not sure we would be in existence now.

[the guardian] 07/12/2018 08:35

So now we know why MJ felt ok about posting yesterday. Good luck to him. I hate to think where the share price would be without him on board.

[hilly71] 07/12/2018 08:26

Sticky hands. All good for when the share price reverses course

[carpadium] 07/12/2018 07:52

Hate to think where we'd be without MikeJ mopping up most of the offloads, may he continue to his target 10%.

[offerman] 07/12/2018 07:34

Yes there is big m RNS. If we stay low expect another one up to10% in due course if the share price stays below the recent raise.

[offerman] 07/12/2018 07:33

Morning Mike Thank you for your post and reply .Yes I often Felt that shale was overlooked and not mentioned enough in balance to normal oil output on here. I had to learn to take off the rose tinted specs with regard to oil prices and when they do rise because shale is a relatively new thing compare to the old days OPEC seemed to control everything and oil could rise higher without any count threat . It's great nexus posts links on here to promote potential higher oil prices on things but it's really important we don't get too ahead of ourselves because Shale is a bigger restriction now to high prices . I wasn't being a doom and gloom about counteracting some of nexuses links and thanks for now understanding Mike I I was a bit like that before. I just want to try and get a bit of a balance and not see oil as glorified and definitely going higher and staying there. It's a different world now. So many new things can affect the price of oil, wind power, solar , shale. Of course oil is and always will be in great demand if not always for cars but for machinery foods , textiles etc and allsorts of things. They're just many more things they can restrict a very very high oil-price now.

[offerman] 07/12/2018 07:26

Morning H Van Der H You and me both . I'll still be grateful though if what I have invested can actually grow for s change as opposed to my track record .

[smoggyg] 07/12/2018 07:21

So despite the buyer the share price has fallen recently,how far would it have fallen without the buyer?. The market cap here is £27m,the group loses £4m a year and the oil price has dropped over 20% from its peak,with no deal sorted by OPEC either,a perfect storm imo. I forgot to mention that the US is now a net EXPORTER of oil,for the first time in 70 years. We should not under-estimate the effects of shale production.

[smoggyg] 07/12/2018 07:13

Cerp has a buyer.///////RNS Number : 7436J

Columbus Energy Resources PLC

07 December 2018

For Immediate Release

7 December 2018

COLUMBUS ENERGY RESOURCES PLC

("Columbus", "CERP" or the "Company")

Holding in Company

TR-1: Standard form for notification of major holdings


NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and
to the FCA in Microsoft Word format if possible)(i)

1a. Identity of the issuer or the Columbus Energy Resources plc
underlying issuer of existing shares
to which voting rights are attached(ii)
:
---------------------------------------------------------
1b. Please indicate if the issuer is a non-UK issuer (please mark with
an "X" if appropriate)
Non-UK issuer
------------------
2. Reason for the notification (please mark the appropriate box or boxes
with an "X")
An acquisition or disposal of voting rights x
------------------
An acquisition or disposal of financial instruments
------------------
An event changing the breakdown of voting rights
------------------
Other (please specify)(iii) :
------------------
3. Details of person subject to the notification obligation(iv)
Name Mr Michael Joseph
City and country of registered office
(if applicable)
4. Full name of shareholder(s) (if different from 3.)(v)
Name
---------------------------------------------------------
City and country of registered office
(if applicable)
---------------------------------------------------------
5. Date on which the threshold was 05/12/2018
crossed or reached(vi) :
---------------------------------------------------------
6. Date on which issuer notified (DD/MM/YYYY): 06/12/2018
---------------------------------------------------------
7. Total positions of person(s) subject to the notification obligation
% of voting % of voting rights Total of both Total number
rights attached through financial in % (8.A + of voting rights
to shares (total instruments 8.B) of issuer(vii)
of 8. A) (total of 8.B
1 + 8.B 2)
----------------------- ------------------- ---------------- ------------------
Resulting situation
on the date
on which threshold
was crossed
or reached 9.01% 9.01% 830,881,192
----------------------- ------------------- ---------------- ------------------
Position of
previous notification
(if
applicable) 8.46% 8.46%
----------------------- ------------------- ---------------- ------------------



8. Notified details of the resulting situation on the date on which the
threshold was crossed or reached(viii)
A: Voting rights attached to shares
Class/type of Number of voting rights(ix) % of voting rights
shares
ISIN code (if
possible)
Direct Indirect Direct Indirect
(Art 9 of Directive (Art 10 of Directive (Art 9 of Directive (Art 10 of Directive
2004/109/EC) 2004/109/EC) 2004/109/EC) (DTR5.1) 2004/109/EC)
(DTR5.1) (DTR5.2.1) (DTR5.2.1)
---------------------
GB00BDGJ2R22 74,823,775 9.01%
-------------------- --------------------- ----------------------------------- ---------------------


SUBTOTAL 8. A 74,823,775 9.01%
------------------------------------------- ----------------------------------------------------------

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC
(DTR5.3.1.1 (a))
Type of Expiration Exercise/ Number of voting % of voting
financial date(x) Conversion rights that may rights
instrument Period(xi) be acquired if
the instrument
is
exercised/converted.
-------------------- --------------------- ----------------------------------- ---------------------



SUBTOTAL 8. B 1
--------------------- ----------------------------------- ---------------------

B 2: Financial Instruments with similar economic effect according to
Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))
Type of Expiration Exercise/ Physical or Number of % of voting
financial date(x) Conversion cash voting rights rights
instrument Period (xi) settlement(xii)
--------------------- --------------------- ---------------- -----------------



SUBTOTAL 8.B.2
---------------- -----------------




9. Information in relation to the person subject to the notification
obligation (please mark the
applicable box with an "X")
Person subject to the notification obligation is not controlled x
by any natural person or legal entity and does not control any other
undertaking(s) holding directly or indirectly an interest in the
(underlying) issuer(xiii)
Full chain of controlled undertakings through which the voting rights
and/or the
financial instruments are effectively held starting with the ultimate
controlling natural person or legal entity(xiv) (please add additional
rows as necessary)
Name(xv) % of voting rights % of voting rights Total of both if
if it equals or through financial it equals or is
is higher than the instruments if it higher than the
notifiable threshold equals or is higher notifiable threshold
than the notifiable
threshold
-------------------------------- ------------------------- ------------------------






10. In case of proxy voting, please identify:
Name of the proxy holder
---------------------------------------------------
The number and % of voting rights
held
---------------------------------------------------
The date until which the voting rights
will be held
---------------------------------------------------

11. Additional information(xvi)




Place of completion London
Date of completion 6(th) December 2018
--------------------

Contact Information


Columbus Energy Resources plc [phone]
Leo Koot / Gordon Stein 2039
VSA Capital Limited
Financial Adviser and Broker [phone]
Andrew Monk / Andrew Raca 5000
Beaumont Cornish Limited
Nominated Adviser [phone]
Roland Cornish / Rosalind Hill Abrahams 3396
Camarco
Public and Investor Relations [phone]
Georgia Edwards / James Crothers 4983

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

END