Having recently completed a £2.5m fundraise and closed the Steeldrum acquisition, Columbus Energy Resources (CERP LN) has diversified its production base setting the company up for a strong 2019F where CERP will begin to test the full potential of the South West Peninsula. The acquisition brings immediate production along with upside potential from low cost optimisation as well as new drilling. The shares have been range bound recently, however, we believe that CERP now has a stronger p
12 Nov 2018
Building the Foundations
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Building the Foundations
Columbus Energy Resources (CERP:LON) | 0 0 0.0%
- Published:
12 Nov 2018 -
Author:
Oliver O’Donnell -
Pages:
13
Having recently completed a £2.5m fundraise and closed the Steeldrum acquisition, Columbus Energy Resources (CERP LN) has diversified its production base setting the company up for a strong 2019F where CERP will begin to test the full potential of the South West Peninsula. The acquisition brings immediate production along with upside potential from low cost optimisation as well as new drilling. The shares have been range bound recently, however, we believe that CERP now has a stronger p