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Bullboard - Stock Discussion Forum Criterium Energy Ltd V.CEQ

Criterium Energy Ltd. is a Canada-based upstream energy company. The Company is focused on the acquisition and sustainable development of assets in southeast (SE) Asia that are capable of scalable growth and cash generation. The Company, through Mont D’Or Petroleum Limited, holds interests in Tungkal PSC and West Salawati PSC. Tungkal PSC covers an area of about 2,285 square kilometers and... see more

Bullboard (TSXV:CEQ)

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Comment by RockLobster1on Jan 05, 2024 2:19am

RE:Congratulations!!

Very good it closed, just never know .. now they can execute the plan... Plan on holding a while to let it play out.
Post by Penniestoricheson Jan 04, 2024 9:05am

Congratulations!!

Well it was a bit of a bumpy road, but now it's time to get to work on some serious short term value creation!  Excellent work fellas!!!
Comment by Penniestoricheson Dec 18, 2023 9:44am

RE:RE:RE:RE:RE:WOW!!!

That's more like it!!  Very well positioned going into the new year.  By early January if they can get the Definitive Agreement for Bulu sale signed AND close Mont D'Or this ...more  
Comment by RockLobster1on Dec 18, 2023 9:34am

RE:RE:RE:RE:WOW!!!

very pleased to be wrong... looks like less dilution and lots of good news in today's news release,,,
Comment by RockLobster1on Dec 15, 2023 10:05pm

RE:RE:RE:WOW!!!

I think they say it closes q1 next year.  I doubt they will touch the financing to get the deal done.  But if they could cancel part of it they perhaps could get a bridge loan.  
Comment by Penniestoricheson Dec 15, 2023 10:04am

RE:RE:WOW!!!

Correct, that number is based on the current outstanding shares (around 38 million).   I am hoping they can close this quickly and use the money to significantly reduce the dilution for Mont D& ...more  
Comment by RockLobster1on Dec 14, 2023 11:30pm

RE:WOW!!!

With the new share structure after the 19m financing I don't think it's worth 27 cents a share, but certainly a nice chunk of cash avoid further dilution.   Looks like a great move, ...more  
Post by Betteryear2on Dec 14, 2023 2:28pm

Criterium Energy Announces Agreement to Sell Its Interest

Calgary, Alberta--(Newsfile Corp. - December 14, 2023) - Criterium Energy Ltd. (TSXV: CEQ) ("Criterium" or the "Company"), an independent upstream energy development ...more  
Comment by RockLobster1on Dec 14, 2023 10:39am

RE:WOW!!!

Wow indeed... That's great
Post by Penniestoricheson Dec 14, 2023 9:56am

WOW!!!

Just that sale alone is worth 27¢ per current share!!!!!!
Comment by oneooneon Nov 15, 2023 12:34pm

RE:Deal Closing

agreed but stock seems to be saying the paperwork is closing
Post by Penniestoricheson Nov 15, 2023 12:03pm

Deal Closing

Any guesses as to when this deal will close, and what it will do to the share price??  The financing was the hard part in my opinion (hopefully haha)!
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