Columbus Energy Resources Share Discussion Threads

[jcgswims] 05/8/2020 15:56

Link to new BPC BB https://uk.advfn.com/cmn/fbb/thread.php3?id=46685052

Sorry wrong link, try this one

[eggchaser] 05/8/2020 15:31

A rather good post on Lse board I thought!!CERP’s merger market cap value in June 2020 was £25.1m including a premium uplift. In October 2019 when the share price was 5.1p its market cap was c£50m. in 2019/2020 analysts predicted a potential share price of 21p (and market cap of c£200m) assuming various factors proved favourable. LGO-fan’s informative posts on this BB 29/7/20 describes what these could be in the short/medium term. When the markets closed Friday, CERP’s market cap was £17m.Thought experiment logic-flow (all figures approximate, sources already stated in my previous posts since June 12):1. Post-merger this week, there will be c3.4b shares in play. Imagine BPC has no assets, there are no Bahamas licenses and no spud, however there are still 3.4b shares vs 1b CERP ones today. This would mean the market cap, purely based on CERP would be in the same potential range as shown in the above introduction: £17m - £25.1m â€" £50m â€" £200m.2. With 3.4b issued shares this would value the possible share price in the above 4 benchmark figures at approx 0.5p, 0.75p, 1.5p, or 6p WITHOUT any BPC assets, potential assets, and BPC’s DEBT FREE $11m it has in the bank today.3. When the markets closed Friday, BPC’s share price was 2.45p and had a market cap of £61m (without CERP). In February 2020 it has a share price high of 5.7p and a market cap of £121m (without CERP). Leading to spud, analysts predicted a potential share price of 8p and market cap of [£170m] (without CERP).When we officially merge this week, let’s assume the combined share price is as now 2.45p and a combined market cap of 83m (3.4b shares). This means CERP’s value which accounts for approx 25% of future news-flow and revenue generating assets is approx. 25% of 2.45p. When split, this is a measly 0.6p and BPC’s an even more measly 1.85p. For goodness sake, despite CLNs and a rights issue creating some dilution, BPC share price was often at 2p for years without a glimmer of news! [And without the $11m we currently have in the bank!!]Bottom line: I don’t think the markets, retail investors and rather unusually even day traders have realised that the share price today is way, way, way below the short and medium term potential of the merged organization. And that doesn’t even take into account the benefits the merger WILL bring such as leveraging finance to drill Persv-1 and potentially increasing production/revenue from CERP assets. All IMHO. DYOR.Starchild

[eggchaser] 05/8/2020 15:30

A rather good post on Lse board I thought!!CERP’s merger market cap value in June 2020 was £25.1m including a premium uplift. In October 2019 when the share price was 5.1p its market cap was c£50m. in 2019/2020 analysts predicted a potential share price of 21p (and market cap of c£200m) assuming various factors proved favourable. LGO-fan’s informative posts on this BB 29/7/20 describes what these could be in the short/medium term. When the markets closed Friday, CERP’s market cap was £17m.Thought experiment logic-flow (all figures approximate, sources already stated in my previous posts since June 12):1. Post-merger this week, there will be c3.4b shares in play. Imagine BPC has no assets, there are no Bahamas licenses and no spud, however there are still 3.4b shares vs 1b CERP ones today. This would mean the market cap, purely based on CERP would be in the same potential range as shown in the above introduction: £17m - £25.1m â€" £50m â€" £200m.2. With 3.4b issued shares this would value the possible share price in the above 4 benchmark figures at approx 0.5p, 0.75p, 1.5p, or 6p WITHOUT any BPC assets, potential assets, and BPC’s DEBT FREE $11m it has in the bank today.3. When the markets closed Friday, BPC’s share price was 2.45p and had a market cap of £61m (without CERP). In February 2020 it has a share price high of 5.7p and a market cap of £121m (without CERP). Leading to spud, analysts predicted a potential share price of 8p and market cap of [£170m] (without CERP).When we officially merge this week, let’s assume the combined share price is as now 2.45p and a combined market cap of 83m (3.4b shares). This means CERP’s value which accounts for approx 25% of future news-flow and revenue generating assets is approx. 25% of 2.45p. When split, this is a measly 0.6p and BPC’s an even more measly 1.85p. For goodness sake, despite CLNs and a rights issue creating some dilution, BPC share price was often at 2p for years without a glimmer of news! [And without the $11m we currently have in the bank!!]Bottom line: I don’t think the markets, retail investors and rather unusually even day traders have realised that the share price today is way, way, way below the short and medium term potential of the merged organization. And that doesn’t even take into account the benefits the merger WILL bring such as leveraging finance to drill Persv-1 and potentially increasing production/revenue from CERP assets. All IMHO. DYOR.Starchild

[eggchaser] 05/8/2020 15:30

A rather good post on Lse board I thought!!CERP’s merger market cap value in June 2020 was £25.1m including a premium uplift. In October 2019 when the share price was 5.1p its market cap was c£50m. in 2019/2020 analysts predicted a potential share price of 21p (and market cap of c£200m) assuming various factors proved favourable. LGO-fan’s informative posts on this BB 29/7/20 describes what these could be in the short/medium term. When the markets closed Friday, CERP’s market cap was £17m.Thought experiment logic-flow (all figures approximate, sources already stated in my previous posts since June 12):1. Post-merger this week, there will be c3.4b shares in play. Imagine BPC has no assets, there are no Bahamas licenses and no spud, however there are still 3.4b shares vs 1b CERP ones today. This would mean the market cap, purely based on CERP would be in the same potential range as shown in the above introduction: £17m - £25.1m â€" £50m â€" £200m.2. With 3.4b issued shares this would value the possible share price in the above 4 benchmark figures at approx 0.5p, 0.75p, 1.5p, or 6p WITHOUT any BPC assets, potential assets, and BPC’s DEBT FREE $11m it has in the bank today.3. When the markets closed Friday, BPC’s share price was 2.45p and had a market cap of £61m (without CERP). In February 2020 it has a share price high of 5.7p and a market cap of £121m (without CERP). Leading to spud, analysts predicted a potential share price of 8p and market cap of [£170m] (without CERP).When we officially merge this week, let’s assume the combined share price is as now 2.45p and a combined market cap of 83m (3.4b shares). This means CERP’s value which accounts for approx 25% of future news-flow and revenue generating assets is approx. 25% of 2.45p. When split, this is a measly 0.6p and BPC’s an even more measly 1.85p. For goodness sake, despite CLNs and a rights issue creating some dilution, BPC share price was often at 2p for years without a glimmer of news! [And without the $11m we currently have in the bank!!]Bottom line: I don’t think the markets, retail investors and rather unusually even day traders have realised that the share price today is way, way, way below the short and medium term potential of the merged organization. And that doesn’t even take into account the benefits the merger WILL bring such as leveraging finance to drill Persv-1 and potentially increasing production/revenue from CERP assets. All IMHO. DYOR.Starchild

[12bn] 05/8/2020 15:24

When we officially merge this week, let’s assume the combined share price is as now 2.45p and a combined market cap of 83m (3.4b shares). This means CERP’s value which accounts for approx 25% of future news-flow and revenue generating assets is approx. 25% of 2.45p. When split, this is a measly 0.6p and BPC’s an even more measly 1.85p.///////// From someone elses post on a BPC thread,well played holders,0.6p!!!!!! LOL

[beggarman] 05/8/2020 13:44

At a company valuation of £72.7m, that would give us a share price of 2.24p on Monday morning.

[nexus7] 05/8/2020 11:09

Oil Prices Jump On Significant Crude Draw


The American Petroleum Institute (API) reported on Tuesday a draw in crude oil inventories of 8.587 million barrels for the week ending July 31.

Analysts had predicted a modest inventory draw of 3.267-million barrels.

In the previous week, the API reported a significant—and unexpected--draw in crude oil inventories of 6.829 million barrels, after analysts had predicted a small build.

WTI was trading up on Tuesday afternoon before the API’s data release, as the market largely expected an inventory draw, ignoring the kickoff of OPEC’s reduced production cut that went into effect on August 1.

Oil production in the United States has now fallen from 13.1 million bpd on March 13 to 11.1 million bpd for July 24, where it sat for the second week in a row, according to the Energy Information Administration. ...

[arrynillson] 05/8/2020 10:42

12bn - the truth hurts doesn't it - even your new mate BigSi2 is highlighting the lunacy of your posting position - you are a character though!

[arrynillson] 05/8/2020 10:42

12bn - the truth hurts doesn't it - even your new mate BigSi2 is highlighting the lunacy of your posting position - you are a character though!

[armatrading] 05/8/2020 10:19

Current combined market cap of Columbus and BPC = circa £72.7m

[12bn] 05/8/2020 07:02

Poor sad arry,still an angry bitter twisted moron. He has held these from higher than the 7.25p bid point when I set the thread up,I suppose that explains it. Keep cool arry and don't fret over the coming BIG dilution of your holdings here. Do have a nice day. :)

[eggchaser] 04/8/2020 20:12

No actually I'd be intrigued to hear your thoughts, for one!You posts of - BPC shareholders must be delighted with their CERP bargain acquisition? - got my attention as most disgruntled CERP investors get the point of merger and acquisition mixed up and there is a huge difference. Point is if P1 comes in means CERP holders bought into BPC at a bargain price! We shall see!

[ride daice] 04/8/2020 16:27

Egg,

I am OK with the merger. I will share my thoughts on this in due course. Not that anybody should be the slightest bit interested in what I think.

[bigsi2] 04/8/2020 16:04

https://youtu.be/Arw269x4duQ

[bigsi2] 04/8/2020 15:56

Who's disgruntled??Who's rejoicing??Denounce my rationale? Is McCarthyism making a comeback?How do I continually make a profit despite a negative view? Do you even understand trading?Life lesson fella ...This is a stock not a religion, people are entitled to differing perspectives on fundamentals and likelihood's, they don't have to "leave you alone" - deal with it.

[eggchaser] 04/8/2020 15:06

That's the best News I've heard all day!!! BPC needs you and that is a fact!!!