Columbus Energy Resources Share Discussion Threads

[ride daice] 05/1/2019 13:25

I think that sums it up quite nicely.

[offerman] 05/1/2019 12:38

Columbus Energy – 2019 Entry price 2.9p. Y/E Target Price 14p. CERP has assets in Trinidad and Tobago. At last count, the company was producing around 750 bopd. Not much is it? But with a market cap of just £23m, CERP's cash flows are positive with PoO around $50pb. The company has a proven CEO in Leo Koot. He's had to spend the bulk of 2018 sorting out spanish issues as well as old legacy stuff left by past poor management. Leo's idea is a simple one. Get CERP producing over 1000bopd and use the cash flows to explore the companys deep exploration targets. Some of these targets could hold 100's of millions of barrels. Any drill in the SWP area would present investors with a relatively free ride on high impact returns as CERP would be underpinned by solid production. There are some companies out there that have zero production and yet command market caps 3 x the size of CERP based on exploration opportunities alone. CERP have all the ingredients for the investor looking for risk off exposure to high impact exploration. Target Price 14p, but needs a solid exploration result to hang onto those levels. Company update due very soon.

[offerman] 05/1/2019 08:06

Mike No I won't be bailing balancing out yet. Come 15-20p yes I will offload quite a few as I would be daft not too and need the money at that point. I will still hold a large chunk though for very long term as long as LK and team are there.

[toploadermike] 05/1/2019 00:06

Legal request has now been raised.

AS this is a public BB, once the details are released it's necessary to release the information on the public BB for everyone to see. Lets see who does what :)

[toploadermike] 04/1/2019 23:39

Red thumbs leave IP address markers, and so do green thumbs up.

IP addresses show location and account of the user. All thumbs are traceable.

:)

I wonder how many brokers or persons paid by brokers we have on here trying to manipulate trades..


mmm, lets have a look and raise the correct legal request....

[toploadermike] 04/1/2019 23:06

Perfect Pete

Sometimes silence is "perfection"! If you had an X missus like mine you'd get that!!

As I said before, I'm still in and happy to have invested at a large level, still really comfortable on CERP and excited on prospects. I think next week is going to be a really good week... BUT that's just my opinion.

Good luck and I hope you do really well on this investment :)

ATB
TL

[toploadermike] 04/1/2019 22:49

John,

Personally, I think the share price is going up much higher and faster than that when it starts, my view is it will be starting next week, and that's why I'm adding again first thing Monday.

Still peed off I couldn't get to the trade in time tonight before close.

Good luck on the ride up and understand if you would balance out in the early days of upward projectory as it's now a long climb up to where it should be!!

ATB
TL

[offerman] 04/1/2019 22:12

Mike,Well done on your profits. Agree, with news out soon and imho there will be a lot of positives we will start moving up nicely soon. I can see 6p within the next three months then build up to swp after that.

[toploadermike] 04/1/2019 20:45

John,

Made £3.2K profit on those 4 x 100000 sales and will be putting back in on Monday. So worth while divesting short to increase long term in CERP. Will add the other £9K back in on the bounce up.

Was going to put that profit back in tonight just before close but got caught up with other things. Oils on the way up and news out soon, looking forward to topping up at such low prices, nearly cleared out all losses in CERP.....

In my view, it's a really tight window now to buy these at such low prices, market bounce on oils and min's has already started today IMHO. Bulls horns already sharpened and hope I can get in quick enough on Monday to make it count!!

ATB
TL

[nexus7] 04/1/2019 20:02

From Garnhiem Today 19:16
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RE: CO2“Production from the onshore fields is about 16,000 bopd of which 70% is by primary recovery with the remainder coming from 20 steam floods and water alternating steam process (WASP) projects by steam flooding. “ June 2017.



Now I remember why I blocked you :)

[northpole2] 04/1/2019 19:31

Oops. Mystic 12bn wrong again. CERP closed above 3p today. Non-mystic 0.5bn I think.

[offerman] 04/1/2019 17:55

Evening TGNice one with HUR, you deserve it mate. they have been on my list for a long time and noticed their recent rise . CERP will do well and soon. I'm totally with you on the frustration front as I thought they would have been far higher Jan2019 looking back from 2017 ahead to now but hey ho they have made good strides and the share price has been slaughtered . I really believe now though we will retest 6p over the next 3months . 9p MIN end 2019There has been a good rise this week on many oilies. Cerp will catch up Have great weekend all.

[the guardian] 04/1/2019 17:23

offerman, my main holding is in Hurricane Energy, which has risen just under 20% this week, so you can see why I am frustrated with CERP.

Have a good weekend mate.

[perfect pete] 04/1/2019 17:11

Hope this news blackout is not an ominous silence.....need some positive forward movement here.

[johnleslie] 04/1/2019 17:04

offerman, I agree, everything seems set up ready to go. Looking forward to the quarterly update. We had Steeldrum announced at the time of the last update it will be interesting to see if any other projects appear with the January one.

[offerman] 04/1/2019 16:48

Just to add I'm really confident 2019 is going to be brilliant for us. It won't end with an share price of today's but much higher if- successful wf- co2 success from predator 350 or more bopd half to Cerp for free - a great M&A deal- swp success- rejuvenation work program - continued Goudron 17 well work program since last update.

[offerman] 04/1/2019 16:43

Hi TG What I notice is consistent seller/sAs soon as buys appear then equal or more shares selling appear too . Until the sellers leave it will struggle to rise unless of course next update can provide good News and higher support levels. We need many more buys.

[the guardian] 04/1/2019 15:51

This is such a boring and currently unsuccessful share to hold. I hope that the next update propels us forward for once and doesn't lead to a fall in price as more people become disillusioned.

[nexus7] 04/1/2019 08:35

OPEC Output Falls Most in Almost Two Years as Saudi Cuts Begin

► Kingdom’s production down by 420,000 barrels a day in December
► Libya’s output cuts from Sharara field, Es Sider port outages

Before its agreement to cut oil supplies even started, OPEC’s production plunged by the most in almost two years last month.

In a sign of the urgency felt by the cartel amid tumbling crude prices, leading member Saudi Arabia throttled back production, according to a Bloomberg survey of officials, analysts and ship-tracking data. The group’s pact to curb output only formally started this week...




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WTI: $47.97

[nexus7] 03/1/2019 19:42

From bigmj Today 15:36
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RE: RE:BMJ
Hi guys, just checking in, hope you all had a good Christmas and that 2019 is a great year for all HOLDERS here.
I haven’t topped any more as LK told me that they are now producing 2000 barrels and I don’t want to trade inside (yes of course I’m joking)
Been keeping busy with my family and main business plus a few other investments, not sure I would agree about the “dogs” I get involved with but yes I do like an underDOG. LION & PCGE fall into that camp as do my other investments like AAAP , INFA , GRL & MTR but I’m confident I will make money on all of them with patience as I have for the last 25 years plus on my investment portfolio.
Need to have patience with any “investments” , I do also flip a number of placing shares in companies that I’m not interested in holding as “investments”

======================================

From bigmj Today 17:32
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RE: RE:BMJ

Hi Irene
Most of them I get to meet the board, listen to their plans and decide if I think they are credible or not, often it’s sbout potential but many times it’s because I see them as undervalued at the time I invest.
I also like one off disaster stocks like BP (oil spill) Carnival cruises (ship run aground) britviv (fruit shoot bottle top recall) STAN (American govt penalty), TCG (unusually low bookings due to U.K. summer), these stocks tend to bounce back strongly as they are one off events and do t really affect the business going forwards.
AIM is higher risk/reward and the people running the show are far more important (morals & ability), invest following your own research and DONT follow the market.
I was a founder invester in MTR, invested at .5 sold most of my holdings at 5p plus before buying back in once it dropped, the same with LION.
AAAP , read between the lines and it’s clear why I invested, same with GRL.
PCGE was a placing that went wrong and I got locked in , now trying to fix that by getting involved.
CERP, invested back in the NR days but got involved in ousting him when it went wrong and now am a big believer in LK and team, legacy issues have put him behind schedule, I have a huge investment at an average of comfortably below current SP, could have multibagged since but really believe we have a gem here which will go much much higher in next few years. I don’t care about other people’s views, I invest off my own research and have been very successful with investing just as I have in my own business (started my company with £170k now valued north of £150m, so I believe I know what to look for)

[nexus7] 03/1/2019 15:16

OIL 02 Jan 2019 | 16:27 UTC New York
Crude oil futures rocket higher as Saudi exports plunge; ICE Brent up at $55.56/b, NYMEX WTI $46.84/b

ICE March Brent was up $1.76 at $55.56/b and NYMEX February WTI was $1.43 higher at $46.84/b.

Saudi Arabian crude export loadings fell to 7.253 million b/d in December, according to media reports.

"Reports that Saudi oil exports were falling dramatically changed the mood of the market," Price Futures Group senior market analyst Phil Flynn said. "Saudi Arabia is very serious about lowering the supply situation. ... It really shows that cuts are going into effect today and will have an impact."

Data from cFlow, S&P Global Platts trade-flow software, estimated Saudi crude exports at 7.523 million b/d in December, down from 8.162 million b/d in November.

OPEC, Russia and nine other non-OPEC allies agreed in early December to a combined 1.2 million b/d supply reduction for the first six months of 2019, to shore up what many expect to be weakening market fundamentals ahead.

[nexus7] 03/1/2019 11:40

Oil Jumps as U.S. Equities Regain Ground, OPEC Output Declines

► Brent, WTI surge more than 2% each as stocks erase early loss
► Crude had been down on weak Chinese manufacturing data

Oil prices closed higher on the first trading day of 2019 as U.S. equities recovered from early losses and data showed OPEC getting an early start on a promised production cut.

Futures picked up where they had left off in a volatile 2018, with global benchmark Brent crude reversing course in the middle of the trading session to end Wednesday up 2.1 percent. West Texas Intermediate oil climbed as well, erasing earlier losses brought on by disappointing manufacturing data out of China. The S&P 500 Index held onto a slight gain, offering a hopeful sign for economic growth.

Output from the Organization of Petroleum Exporting Countries fell by the most in almost two years in December, according to a Bloomberg survey of officials, analysts and ship-tracking data. The half-million barrel-a-day reduction began even before a cut that was scheduled to start this month, highlighting the urgency that crude exporters feel to stem a market that’s been in freefall...



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WTI:$46.46

[12bn] 03/1/2019 11:35

Columbus Energy Resources Ord 0.05p (CERP) Trades
2.88
-0.03 (-0.86%)
live: 11:33AM GMT
Buy Volume 68,999 Trade Low 2.80
Sell Volume 201,134 Trade High 2.90
? Volume 0 VWAP 2.83
Total Volume 270,133 Prev day Vol 0
Status: Connected
(Pause Streaming)
11:22:13 2.8000 1,134 O 2.8000 2.9500 Sell 68,999 201,134
11:14:07 2.8000 100,000 O 2.8000 /////Looks like 2.80p bid won't be around much longer,grab it while you can. Yours Mystic 12bn.

[nexus7] 02/1/2019 19:40

Oil Jumps as U.S. Equities Regain Ground, Saudi Exports Decline

► Brent, WTI surge more than 5% each as stocks erase early loss
► Crude had been down on weak Chinese manufacturing data

Oil prices rallied on the first trading day of 2019 as U.S. equities recovered from early losses and amid signs that Middle Eastern producers were fulfilling a pledge to cut exports.

Futures picked up where they had left off in a volatile 2018, with global benchmark Brent crude climbing 5 percent to top $56 a barrel in a mid-morning surge. West Texas Intermediate oil jumped as well, erasing earlier losses brought on by disappointing manufacturing data out of China. The S&P 500 Index was little changed, reversing an early 1.6 percent drop...