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In the begining of 2022 sintana energy was the same...
A lot of investors that lost there money talked about columbia and i told them that this asset = 0 to me and the main asset will be the nambian blocks.
Here as a new investor i dont know very well the history of the other blocks but the blocks area 1 and 3 on the atlantic margin seems to be very good opprtonity.
We can earn from drills in argentina and brazil in the offshore blocks... Equinor is the next drill that we shuold look and wait for the results.
Accourding for what i read this well will test the same geologic play as what found in the orenge basin.
If the mirror image of namibia is true we can hope to good results this year!
Sintana up nearly 500% in 1 year
To any new investors, remember this is a very high-risk share. The odds are you will lose all of your money, as with most AIM shares; it is an extremely high-risk/high-reward share, and this is at the top of the high-risk bracket. It is a binary share. If Chevron Oil does not go ahead or find oil at commercial levels, as is often the case in virgin fields, you will probably lose all your investment. It is entirely pointless when posters on this platform compare areas in Argentina and other parts of South America to Uruguay Blocks 1 and 3. What matters is Chevron's drills for oil, and they find it in many hundreds of millions if not billions of barrels. In addition, every million shares you buy will only transfer to 20,000 when the share is consolidated in the next few months. Take little notice of what is written on this bulletin board by the same people daily and weekly. Take a measured point of view and be prepared to lose it all. GG.
Hello Garry, are you trying to say DYOR? Also you forgot to mention that as/when the consolidation happens the share price will also increase 50 fold. This is now a very different company compared to the BPC/CERP period. This is AIM E&P it is always high risk, high potential reward if potential investors don't already understand that they shouldn't be here in the first place!
GLA
GarryGraham - Surely if you are claiming to preach to the naïve investors on this high risk Oil Exploration share you wouldn’t omit the positive ramifications for the SP when the consolidation completes as mentioned by jbt! Quite frankly Garry I’m doubting more and more that you’re risking grandchildren money in this - surely if you thought you would lose shares at the rate of 50:1 without a compensatory uplift in SP you’d have sold out !
Below is one of my previous posts about timid trolls - beware particularly those that share their personal information claiming to be widow/orphan / investing in high risk AIM for grandchildren!
in4cedros
Posted in: CEG
Posts: 5,844
Price: 0.145
No Opinion
Timid Trolling!
25 Mar 2024 16:45
Willec - GarryGraham is an interesting case study on the Trolling spectrum - as the heading suggests he is a Timid Troll - instead of slating the company he pops up from time to time, makes some neutral/ positive comments, whinges a bit then slips in the negative comment.
I remember the pattern from the lead up to the Bahamas drill - found it difficult to believe he’d actually invested having regard to his state of anguish he’d been in then, when it failed, the buyers remorse kicked in big time!
If his posts are genuine it’s difficult to understand why someone with that attitude is prepared to go another 10 rounds with the company on a new drill venture whilst pooping their pants at each stage.
Furthermore in such a scenario why highlight negatives if you are genuinely invested - by way of example I give you fairly recent post where instead of just saying the Chevron deal is not complete until everything is agreed, including Government approval he decided to speculate that Chevron had included last minute caveats in the deal. He may be correct but why introduce that little bit of extra speculation based on zero knowledge - I could easily speculate that Chevron have done so many deals historically they have a rigorous tick box list to complete and want to see all the evidence before they even release the news they’ve done a deal because pulling out at the last moment suggests they didn’t do proper due diligence in the first place which is not great for a Super Major!
I wish all shareholders success in this venture - there’s plenty of proper trolls about - they don’t need your help!
JohnBriggs - see the quote from your most recent post below:-
‘ HIgh risk, low chance of reward. Avoid like the plague until Chevron puts money where its mouth is and post consolidation’
Does that mean you’ll be filling your boots with shares post completion by Chevron of the $12.5 million payment, after the subsequent consolidation?
In4cedros
They're just a couple of counts
Best ignored
I actually think that's John Briggs is not only right, but I am going to take his advice and go even one step further.
I am going to wait for the Chevron payment to be made, the 3D resuls to be processed, the drilling to take place and end and buy my shares after any oil has been discovered.
By that time the share price will be very high, but every investor knows that you must buy a share when the price is high.
You'll be waiting a long time for any of that to happen, Sam...