Columbus Energy Resources Share Discussion Threads

[dodge city] 09/8/2017 09:56

Must be time for another BRR media report of Tweet before the share price dops below 2p.

I suspect Koots is now getting a lesson in reality.

[the guardian] 09/8/2017 08:26

We are in the hands of the Ministry of Energy and Energy Industries. Once we get the necessary environmental clearance and permits, I'm sure that rapid progress will be made on the water injection.

Fortunately, Trinidad appears to have a lot less bureaucracy than the South American countries that I have had the displeasure of having to wait for whilst invested in other oil companies.

[nexus7] 09/8/2017 08:19

From Legalease Tue 22:21
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Another large draw on inventories

Becoming more and more regular.

[nexus7] 09/8/2017 08:17

From Legalease Tue 22:20
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RE: Trades

Energy efficient activation

[12bn] 08/8/2017 08:24

The next RNS here is likely to be a placings or Seda tap RNS imo. This will drift lower and lower without rampings from Koot,imo.

[the guardian] 07/8/2017 12:36

There's nothing like a smart pump!

[dodge city] 07/8/2017 11:18

What happened, no BRR media or tweets today, no wonder the share price has dropped.

Koots needs to put out a tweet every day otherwise the share price will drift back to 2p.

[nexus7] 07/8/2017 10:34

From get_rich_quick Today 09:09
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2/8/17

Columbus Energy Resources: Management And Strategy Changes

[nexus7] 06/8/2017 11:39

From Legalease Today 09:42
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Quote

Andrew Monk, CEO of house broker VSA is not impartial. But he is also not a man given to hyperbole and he noted this morning in an email to institutional investors:

"this must be one of the best management teams in the E&P sector and they have some fantastic assets and you guys always asking for production which they have – this is a screaming buy"

[nexus7] 04/8/2017 10:12

From LGO-fan Today 09:43
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RE: CERP
Both VSA and LK have put a target out there in terms of share price within a 3-5 year time frame. I would take note of those but not be too literal about it. More interestingly for me is that LK spoke about the potential to get this company to a MC of £500mn. Question is how many shares will be around by then (if we get there). But you can do the math/sensitivity analysis yourself.

In the short to mid term, I expect no incremental shares, but who knows in future. If it does, LK spoke about any issue having to be accretive to the share price Fact is that the BOD has a vested interest in the share price to be as high as possible and so they will do whatever they can to focus on SH-value (unlike the previous BOD).

I do believe in the water flood programme, and probably a bit more so than Ross, but time will tell. For me the potential is to get back to the highs of 2000 bopd within 12 months (only IMO). If you think about it both the C-sand wells and infill wells produced great bopd at the start but loss of pressure meant rapid declining levels of bopd. We also know that recovery rates of Goudron are still very low, meaning a lot of oil is still there. In other words: put up the pressure back up at the levels of the initial days of production via water flood and you should - logically speaking - get back to bopd rates close to those at the start of wells. For reference, GY-670 did over 1000 bopd at the start.

If we are cash flow positive in Q4, which I believe we will, than 2000 bopd in 2018 becomes very feasible IMHO.
That will generate cash to invest more in water flood (and most likely mean that any new well in Goudron will be accompanied by water flood) and also means CERP can attack the BEAST CALLED CEDROS.

Add a bit sentiment and who knows where the share price will land. As long as the foundations are solid for CERP, we will see continued rises. It is AIM, so volatile movements will be here, but with strong growing foundations we should see a long and sustained growth in share price

All IMHO.

[temmujin] 04/8/2017 09:20

offer just jumped...somebody knows something ;-)

[temmujin] 04/8/2017 09:15

just been given the nod to pile in..big news imminent

[holly day] 03/8/2017 10:52

And a nice pennant formation building! That 'material difference' when announced should see a major spike. IMO of course!

[the guardian] 03/8/2017 10:09

Material in what way I wonder?

[nexus7] 03/8/2017 10:02

From Legalease Today 08:53
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Columbus Tweeting again, "the new management have already made a material difference"

[the guardian] 03/8/2017 08:19

A man who can bring back health to a lame duck is a man who can turn a duck into a swan.

[carpadium] 03/8/2017 07:18

:-)

Let's see 6p by year end and we should all be happy with progress and LK's guidance.

[the guardian] 02/8/2017 18:05

I will take heed of your word Master.

[carpadium] 02/8/2017 13:34

Remember Kung Fu back in '72, and David Carradine?

Patience, young grasshopper!

[the guardian] 02/8/2017 12:19

All we need now is the government go ahead, so I wish they would get on with it.