Challenger Energy Share Discussion Threads

[alhambra1] 10/4/2024 09:01

Idiot is angry....

😄😁

[12bn] 10/4/2024 08:04

rrynillson18 Mar '24 - 08:46 - 20844 of 21026 (Filtered)

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12bn18 Mar '24 - 08:49 - 20845 of 21026 Edit
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BigSi218 Mar '24 - 08:37 - 20842 of 20843
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Irony being … he’s actually already on filter.

I don’t need to read the posts to comment on the mental issues of someone repeatedly posting.

Seeming now becoming angry -
Poor little Kittens//////// PMSL,YOU LIAR,you cannot post on the thread of someone who is on filter,you thicko. I was mistaken to think that you weren't as stupid as the other rampers,you are a fool like them. A low life drongo,ramper and LIAR.

[12bn] 10/4/2024 07:58

If BigStupid2 was remotely honest he would admit that CEG are probably skint and are likely to do a cash raise. However,he is not honest,he is a LIAR. He posted on this thread that he had me filtered but the fool didn't realise that if you filter somebody then you lose access to their threads. He is also not the great trader that he would have us think as he sold out of this at around 0.06p and bought back at 0.19p! He says that things have changed here but fails to mention that oil from Uruguay MAY never flow and even IF it does that could be in several years time and CEG is likely to keep losing cash. The only thing that has changed is BigStupid2s trading position.///////BigSi2 - 18 Mar 2024 - 08:37:46 - 20842 of 21021 challenger energy group - CEG
Irony being he is actually already on filter.

[willec1979] 09/4/2024 18:46

BigSi2 what is your break even price?

[bigsi2] 09/4/2024 18:16

Having the common sense to wait for news is not "Trolling"I've banked hefty returns LONG and SHORT on multiple occasions on this share whilst you watched your holding get completely demolished -My current average (not even including the previous profits that now essentially mean I trade for free) by your own admission will be vastly lower than yours.CEGs Uruguay success was not a given -And they've only even held the Uruguay licence for a comparatively short period -The previous business was bloody awful and resulted in 99.99% dilution for silly LTHsSo before you start the Gordon Gecko big I am and accuse others that had the sense to wait for news of "Trolling" do please remember what a shocking bad decision it was to hold this share long term

[willec1979] 09/4/2024 17:30

I see BigSi2 has changed his view on this share!!!

As I recall the leading trolls were BigSi2 and 12bn.

BigSi2 has come to his senses. What about 12bn? or is 12bn the loner in the woods with no friends.

I knew this would do well for years thus kept adding all the way through the trolls rubbish and now in a few months and this share price will be 100x plus higher than today.

[bigsi2] 09/4/2024 15:48

The situation for CEG has changed- unequivocally. My guess is Mr obsessions posts remain exactly the same ... the same as the last 40kSeek help !!

[willec1979] 09/4/2024 15:31

12bn - the only loser is you!!!!

Suprising how BigSi2 has even changed his mind and now in a bullish position. You should try buying some 12bn before the next rise due at any time.

[bigsi2] 09/4/2024 15:12

Such a shame when the mentally ill don't get the help they need

[12bn] 09/4/2024 14:25

Imo CEG will need cash soon,well before the Uruguayan govt gives it its go-ahead and it will have to do a discounted placing,imo. We shall see but do not trust folks with a vested interest here.

[12bn] 09/4/2024 14:20

· Following the 3D seismic campaign, should Chevron decide to drill an initial exploration well on the AREA-OFF 1 block, Chevron will carry 50% of CEG Uruguay's share of costs associated with that well, up to a maximum of US$20 million net to CEG Uruguay.

· Completion and financial close of the Transaction will be subject to the satisfaction of conditions precedent and customary third-party approvals from the Uruguayan regulatory authorities, which are anticipated to take several months to finalise - the parties have commenced engagement with the regulators.//////// Note that this deal is NOT a CERT to complete and even IF it does it could be SEVERAL MONTHS away. Some would have you think it is a done and dusted imminent deal.////////BigSi29 Apr '24 - 12:28 - 21013 of 21016
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CEG essentially valued at cash in bank once Chevron pays up -

Leaves the 40% carried remainder valued at zero -

[12bn] 09/4/2024 14:15

Challenger Energy (AIM: CEG), the Caribbean and Americas focused energy company, with production, development, appraisal, and exploration assets in the region, is pleased to announce that it and its wholly-owned Uruguayan subsidiary, CEG Uruguay SA ("CEG Uruguay") have entered into a farm-out agreement with Chevron Uruguay Exploration Limited ("Chevron"), a wholly-owned subsidiary of Chevron Corporation (NYSE: CVX), related to a 60% interest in the AREA OFF-1 block, offshore Uruguay (the "Transaction").

The primary terms of the Transaction are:

· Chevron will acquire a 60% participating interest in the AREA OFF-1 block, and will assume operatorship of the block.

· CEG Uruguay will retain a 40% non-operating interest in the block.

· Chevron will pay to CEG US$12.5 million cash on completion of the Transaction, these funds will be used to support the further development of the Company's business.

· Chevron will carry 100% of CEG Uruguay's share of the costs associated with a 3D seismic campaign on AREA OFF-1, up to a maximum of US$15 million net to CEG Uruguay.

· Following the 3D seismic campaign, should Chevron decide to drill an initial exploration well on the AREA-OFF 1 block, Chevron will carry 50% of CEG Uruguay's share of costs associated with that well, up to a maximum of US$20 million net to CEG Uruguay.

· Completion and financial close of the Transaction will be subject to the satisfaction of conditions precedent and customary third-party approvals from the Uruguayan regulatory authorities, which are anticipated to take several months to finalise - the parties have commenced engagement with the regulators.

[12bn] 09/4/2024 14:05

Wht don't you buy some more BigStupid2? Are you waiting for this loser to raise more cash to pay salaries etc?

[bigsi2] 09/4/2024 13:38

On cue ... up it goes

[bigsi2] 09/4/2024 12:28

CEG essentially valued at cash in bank once Chevron pays up -Leaves the 40% carried remainder valued at zero -And block 3 valued at zero Trinidad plus corporate expenses leaves a 150K approx PCM shortfall- Still very very cheap at a little over 10m market cap

[willec1979] 09/4/2024 07:52

12bn is desperste as he knows this is only going up for now on. SAD GIT

Being so early to post his carers probably had a busy night as he was up all night panicing as he knows this share price is going nowhere but north to 1p +.

[arrynillson] 09/4/2024 06:57

Disgraced Compulsive Liar 12bn - your advice was to sell @ 0.065p weeks before the Chevron announcement cos you didn’t believe CEO would get a deal as it was taking too long for you!

[12bn] 09/4/2024 06:02

BigStupid2 is not negative anymore blind man because he bought back in at 0.19p and now has a vested interest in trying to get the share price up. My advice to those that want shares here is to wait until after the fund raise is concluded,just imo. :)

[12bn] 09/4/2024 05:59

News could arrive soon but it may be fund raising or results,both bad imo.//////- Excluding Trinidad, the Company's net cash spend during 1H 2023 was approximately $2.3 million. Of this, approximately $1.2 million was in relation to the Company's AREA OFF-1 licence in Uruguay ($0.5 million retained as restricted cash collateral for the work program performance bond, and the balance of $0.7 million spent on accelerated and expanded technical work program as described earlier in this report). The remainder $1.1 million largely reflects the Company's corporate overheads and miscellaneous expenses, reflecting a corporate overhead run rate ranging between $175,000 and $200,000 per month.//////// Have I posted this before?

[willec1979] 08/4/2024 18:46

This is going up and no way to prevent it. Once the share price hits 1p then the big institutions will be interested, bearing in mind these institutions can not invest in shares under 1p.

[blind man] 08/4/2024 18:39

Not negative careful!

[bigsi2] 08/4/2024 15:36

Tick up on cards

[bigsi2] 08/4/2024 15:23

Bottomed out ? News ?