Columbus Energy Resources Share Discussion Threads

[edgar222] 24/7/2018 18:07

Absolute bargain. Will load up if I can. My problem is that I feel the same way about Aminex. The market is getting both shares wrong just now.

[the guardian] 24/7/2018 17:33

Thank you Mystic Meg, sorry, I mean Mystic Offerman.

Could you tell me if my wife will be happy when I have painted the lounge, or will she want me to do a few other rooms as well?

[h van der h] 24/7/2018 17:27

Lol TG, was thinking exact same thing about peeps selling for ice cream money for holidays... true it does seem to happen every year, but I have the memory of a goldfish so will have forgotten by next year too!

[offerman] 24/7/2018 17:23

Hang in there my friend because it will I have a very strong feeling we will see a surprised deal by year end but even stronger feeling that you will recover your losses within 2.5 years ....

[the guardian] 24/7/2018 16:38

Goodbye money. Hope to see you again one day!

Why I don't sell all of my shares before the school holidays start I don't know. Almost every year is the same. It would appear that more shares than usual get sold to pay for holidays and then the standby MMs come into town with the remit that no matter what the trades are, take the prices down.

Never mind, we will start to go back up again in late September unless something goes wrong. :-(

Don't forget, it's important to look at the long term. I've been doing that for about 17 years, so one day, something will happen to help me recover my losses.

[12bn] 24/7/2018 15:19

-- Pre-tax Group loss for period of GBP5.02 million (2016: loss of GBP11.89 million), partially reflecting various legacy costs in 2017 which will not recur in 2018///// This is from 12th June RNS results.

[12bn] 24/7/2018 15:17

NEXUS724 Jul '18 - 15:09 - 5405 of 5405
0 0 0
From MrMagoo31 Today 14:55
------------------------------------

RE: Good enough for Schroders plc 25p end of next year with SWP in the mix....
Hold on tight to those shares!

One of the best run companies now - a great management team, and cash generating!!! We are in profit - just look at the numbers, dont be swept along with the Deramper brigade!////// Cerp are not in profit overall,just look at the last numbers.

[nexus7] 24/7/2018 15:09

From MrMagoo31 Today 14:55
------------------------------------

RE: Good enough for Schroders plc 25p end of next year with SWP in the mix....
Hold on tight to those shares!

One of the best run companies now - a great management team, and cash generating!!! We are in profit - just look at the numbers, dont be swept along with the Deramper brigade!

READ THIS;

[nexus7] 24/7/2018 15:03

Oil Rises From One-Month Low Before U.S. Crude Inventory Data

► Stockpiles may have lost 3.1 million barrels last week: survey
► WTI futures advance 13 cents to $68.02 a barrel in New York

Oil climbed from a one-month low in New York ahead of data on American crude inventories, while traders weighed erratic global supplies and the fallout from U.S.-China trade tension..

[nexus7] 24/7/2018 10:45

Our Big Shareholder

Schroders

[keiwi] 24/7/2018 10:36

...this is shocking....drop the share price so big boys can load up.... 2p by Christmas or before?

[garnhiem80] 21/7/2018 22:16

“Located in the south central part of Trinidad, within the Moruga district, the Antilles-Trinity Inniss field (now renamed Inniss-Trinity field) was initially developed as two neighbouring fields; the Innis field first drilled by Shell in 1946 and put on production in 1961 while the Antilles-Trinity field was drilled by Texaco in 1956. Both fields were taken over by Petrotrin in the early 1980s“

From what I can see dating from 1975 the Trinity portion of the field had more wells drilled (94) compared to Inniss (33).

It is a good deal considering what was paid in 2013!

Must say I’m very impressed with West indian oil hxxp://www.westindianenergy.com/index.php/about/management-board

[arrynillson] 21/7/2018 22:14

Hvdh - perhaps a FAQ IDC!

[h van der h] 21/7/2018 22:04

Arry, the prd/TI/Cerp is intriguing for sure.. i’v Been trying to unpick the details from available rns, media and even trawled through their prospectus.. the finer details known only by LK/steeldrum/prd would be a welcome addition.. I suppose on that front I’ll have to trust LK and bod..

[arrynillson] 21/7/2018 21:31

Hvdh - from the media that Ross hasn't watched Leo said the Predator part of the block is 10 wells currently producing 14bopd - so it is around 10% of output - they may have the Crown Jewels there and we will find out in due course with their scheduled and funded drill commitments but CERP management thought that 4.2 million for that bit of TI was a good deal for CERP, as things stand!

Can't say it was that obvious from the rns what part of TI Predator occupied hence me listening again to the media!

[arrynillson] 21/7/2018 20:53

Plasybryn - in reality I did not rely on your personal invitation to attend the AGM, although it was kind of you to proffer it! Most AGMs are happy to allow guests and I declared to the Chairman, at the entry door, that I was attending as a guest and he raised no objection and obviously did not issue a voting card.

Having attended I saw no reason not to ask questions and I was happy to make my point to the NED seeking reelection that I thought he should have done a better job representing shareholder interests over the bonus debacle.

This is a CERP chat board and if you wish to discuss CERP on here the thread sponsor is quite tolerant but I am not going to bore people on here with what goes on at AAU as I do plenty of that over on the AAU board - where it belongs.

If you want to debate LK remuneration package feel free - the last guy in charge brought us close to bankruptcy so it was worth us getting a new guy with a track record of making good money for shareholders - so far it's working out well for us. I very much doubt anyone on here cares about AAU BOD remuneration except me!

[h van der h] 21/7/2018 20:12

One thing for sure there is much more collaboration going on between certain oilers in accommodating asset purchases, exchanges or what ever, plus it’s being encouraged by petrotrin, I am really beginning to believe more will follow and soon, Goudron, Icacos, bonnase, south Erin, and snowcap.. TI is an awkward one. Will prd buy it? Maybe if it’s a success at TI Cerp will take control of prd? My main concern is length of license and MWC on TI and south Erin.. snowcap licensing is in the pipeline so should be good to go when it’s in place..
Wow then there’s Spain!!

Kind words offerman by the way.. I do enjoy sharing research and my opinion amongst those who share the same interest in Cerp.. and ultimately the same end goal..

[garnhiem80] 21/7/2018 19:29

So who’s they interested party’s with Spain, JV or sale?

Interesting skill set within the Predator oil management 🤔

[plasybryn] 21/7/2018 18:56

You didn't answer regarding the remuneration difference either.

[plasybryn] 21/7/2018 18:49

It is not me with a short memory Arry.If you read my post correctly I suggested you should put your beef to the directors rather than rank day in day out on the B.B., but to attend the AGM I pointed out you would need to buy at least one share and then obtain an authorisation letter from your Broker.That could not be construed as an invitation from me and as you point out I or any other blogger can't of course extend an invitation to an AGM especially to a non shareholders. You would have known that.I assume you turned up and blagged your way in only to get on your soap box at the first opportunity rather than ask a question as a legitimate shareholder. When asked to identify yourself by the Chairman, you told him you were John Smith!Enough said.

[arrynillson] 21/7/2018 16:26

Plasybryn - you clearly have a very short memory - you issued a personal invitation to me 15/06/2018 on the LSE board when you knew I was not a shareholder- were you acting ultra vires - tut tut Plasybryn!

As I’ve said before remuneration should reflect money making achievement are you suggesting Kerim has a CV comparable to LK - nothing wrong with a bit of lily gilding but that would be a big stretch even for the most skilled arch-ramper!

[offerman] 21/7/2018 16:15

Good afternoon North PoleThanks for your posts to help fill The shoes of Holly was a great poster but she doesn't post so much anymoreThere some good postersEd, h Van dar h, Carp, JCG, yourself and loads of others ( not including myself in that as I am out of that league lower down more bottom dweller type really , crust short of a loaf :-) So keep up the good posts ;-/