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Today 23:17Price: 2.90
rossannan5,929 posts
RE: Riddle me this

MrMagoo31

“we are fully funded and in profit”

Now there’s a red rag to a bear if ever there was!
No Opinion
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Today 23:13Price: 2.90
MrMagoo311,419 posts
RE: Riddle me this

In4cedros - PLEASE DONT RESPOND TO THE RED SEA OF FILTERED NUMPTYS....
Filter them - they just spout white noise all day long....

We have too much going for us here to be caught up in the web of derampation!
FILTER THE DIM WITS AND GET RID OF THE DEAD WOOD.....

GLA LTHs...
We have six fields this year, instead of one and great new things to come this year - including drilling of the exciting prospect of the SWP - we are fully funded and in profit and our own rigs.... Roll out the good times
Strong Buy
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Today 22:46Price: 2.90
in4cedros4,192 posts
RE: Riddle me this

Dross - the clue to your riddle is in the rns on South Erin ' TWO TWO TWO remedial sand production related rig workovers were performed IN OCTOBER on the MAIN FIELD PRODUCTION WELL ER-105 restoring sand free production from the well to 40 bopd.

That suggests to me they did ONE and weren't satisfied with the outcome then did another - I don't know how long the rig was shut down for but OCTOBER Is the month when flooding was extreme .

The restored level seems less than the suggested take over level so probably not a great success story for LK but no need for him to put a book down his trousers and visit the headmaster - this is one well of many and he's more than made up for it elsewhere! It may be he intends to revisit this well - possibly with a Myno pump but this is small beer - he doesn't give a running commentary on every well in the portfolio and if that is necessary for you to invest here you should look elsewhere as I can't see that detail being given based on historical conduct.

Quite frankly I'm a bit stunned you feel the need to imply something untoward is going on here - banging on about cash burn is an acceptable troll line but this one smacks of desperation especially as you are at odds with troll LayLadyLay over it !
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Today 21:52Price: 2.90
rossannan5,929 posts
RE: Riddle me this

(An alternative to posting about posters and swapping filter tips)

“Average production was adversely affected by extreme weather conditions, with record rainfall and extensive flooding witnessed during the period, severely hampering both routine operations and incremental well work.”

We know when and where this weather event happened, but we also have the MEEI Bulletins for October and November and can see little evidence of it having had any impact on the IPSC part of the CERP portfolio. Are we to conclude then that the weather almost shut down South Erin for two months? That is what the arithmetic is suggesting. Then why did LK not highlight this, explain why South Erin struggled in particular and explain what will be done to make it less vulnerable in future? Or has the impact of the weather been spun to mask disappointments elsewhere?
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Today 21:16Price: 2.90
PinWiz498 posts
From another board.

Opinions not facts
Why do so many post their opinions as facts, their worries as facts, preconceptions as facts and accusations as facts? Is it for their own self-esteem or attempts to influence others and hence the share price? If they truly think what they say, any rational person would sell or give up investing completely.

We each have to make up our own mind
on the risk/reward ratio of any investment. Any new information or facts are very welcome to most of us. Just continually griping is just griping and not much use to anyone. It would be much better to say: I have some new facts or information or I just wnat to gripe a bit or I need to let off steam. Such communication would help us all to interpret posts for what they are.

In the case of CERP you either like the risk/reward ratio or you don't. If you don't, there really is no need to be here!
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Today 20:34Price: 2.90
petersalkeld1,237 posts
RE: RNS Frequency

Silv - I posted an almost identical comment earlier so I agree absolutely
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Today 19:57Price: 2.90
Lancygeo2,629 posts
RE: Ross & Irene

Many thanks......all done !
Strong Buy
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Today 19:47Price: 2.90
burnie38173 posts
RE:RNS Frequency

spot on the mark silv and that is one of the things lk has got wrong here,aim is driven by news and sentiment and you need to be in the shop window all the time,of course the people who still look at lk through rose tinted glasses will disagree but look at the last quarter and lets be honest it was fairly disappointing so has had no positive effect on the share price so if we have to wait now another 3 months there is nothing to boost the share price so can only see it continuing it`s downward trend,he needs to wake up and play the aim game,if we was a ftse company I couldn`t give a sh#t if we got an rns every 6 months but it`s not it`s aim so play by the rules,i don`t care who disagrees but I bet that schroders are not impressed with where the shareprice is now.
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Today 18:39Price: 2.90
Siliv1,785 posts
RE: RNS Frequency

I have faith that LK will create a stellar company in due course, but not sure AIM will afford him the luxury of 3 monthly RNS' even though they are detailed and a great read. He is playing into the traders arms who will run it up to the RNS date then dump on the SP until they drive it down again. With all the activity I hope LK will throw in a few curve balls of news just to catch them out! GLA LTH's!
Strong Buy
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Today 18:34Price: 2.90
Siliv1,785 posts
RE: Ross & Irene

Lancygeo it does work I've just done it. Been meaning to put that one on filter along with the pointless Ross who has been on filter for eons.
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