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It doesn't seem to matter how much good news we get, and we've had a trickle over the last few weeks ,, the price keeps going down
Nothing has changed since the start of the year , while the do not give a **** about the company
LENDERS are still in play , satisfying their own , safe easy , rangebound pump and dump profits
no news will make an impact.
Fingers crossed this latest poorly timed , poor finance placing is the last for a while , which is 7.5 million
not 8 (500k fee) on 8m ) nice 15% up front , plus whatever they gleaned forward selling, pre and post the
15-19 and 22nd November blitz and drip feeding into the market since (they are in profit not selling at a
loss / overall margins and own agenda)
If now finally bottomed out and majority clear, that long promised REGULAR news flow, will have an
impact, if not done/close to , as with all the other news progress , it will not , just another spike for
them to unload and dump more into and down.
At some point , the flow and financial positives, will overshadow the ill timed placings negatives.
GLA
:))
of 32m shares churned at higher prices,
Probably a lot focused on the dirty word in his resume , EQUITY, give Arty is a nightmare in
that department , their is good and bad equity , hopefully the new guy can teach Arty the
difference.
Arty - Equity = Mass dilution , with zero recovery of share before the next Equity large dilution
------- LENDERS = End result , market cap has grown , share base has grown - SP static
Nigel - Equity - Perhaps , upper tier contacts , to arrange good equity , attracting strategic
---------INVESTORS taking a stake not a dump in the company and higher forms of finance
---------debt/rbl etc , allowing SP to rise on success , raising higher amounts ,IF REQUIRED
with reducing dilution.
This raise 30m shares for 8 million, get it up and 8m shares for £8m at £1 , 8m for £16m at £2
that's where Arty should be looking to progress things , IF a deal he can't resist comes along
not raising at 32p , then mind numbingly 20p, did a reverse, reverse take over (all backwards)
his financing also backwards , not progressive since the atomic deal.
GL to Nigel and hope he can get our bullet train back on track, with progressive finance at last.
:))
I would disagree bud. Nigel is downstream.. his discipline is in setting up companies that are orientated towards the end product, like making nylon bags from oil. Except that for our end product, don’t think of oil, but rather think of the cash. His downstream knowledge then comes from what the main O&G players margins are, ie he can spot their weaknesses. And it ain’t just better loan terms.
Full Ask paid and a buyer then LB.
Looking better
My investments into COPL, ZEN and UJO and sitting on over 50% losses has proven to me that investing in oilers on aim is a sure way of losing a lot of money.
I am sitting here thinking, what has gone wrong, as oil prices have steadily risen during that period?
I intend to hold all for another five years and review.
Not much going on. Few selling at a loss probably. Others trying to catch if this is the bottom. Getting proper sentiment back will need an RNS convincing that a placing price ~1/3 down from the previously prevailing sp was worth it. Short-term improved bopd numbers could help a bit. To be fair, in his Oct interview, AM did say he was looking a year ahead. No spare cash, not selling, nothing to do but wait.
COPL is MAIN MARKET
but has done a good impression of an AIM share under Arty's financial mania
BM
at least the UT at 1400 auction period , heading in the right direction
came out with 19p
Turnover increasing , see if we get to the recent highs of £28-£30k on the book
Volume
769,542
Turnover (on book)
£13,300.00
Lots of Buying now. Is this the bottom?
Thus should start to head North if this continues
Bonus (we shall see in time ) Regulatory News Announcement message over rns news wire this am
can Arty slip in a hat-trick this week , one with the left (Nigel) , one its worked right (Dakota) and
a stunning header line MF/Shannon oil , back of the net flows
or Nigeria, expected update on the back of the RNA on Sedar , extended to end of November.
Expected 2 this week , so come on Arty , make with the Ronaldo or Lewandowski routine
multi bagging hat-trick lol
:))
Bob
be nice to think so but think we all wish we had a quid for each time someone has posted
that thought this year lol
:))
This will bring in buyers by the boatload, once AM releases some share changing news, and change the sentiment here with clarification, not one-liners.
In the meantime as for the last 4-6 weeks, not been enough buyers here to stop the day traders, who will bounce this Mcap to their will. ain't that right LB
Yes. It looks like we're heading for 20p soon
I know HFB.But with so much in the pipeline the dam has to burst sometime. It's gonna be soon
Dunkirk is grim
Try Ostend . A day at the Races. Lol .
Not the worst time anyone has had in dunkirk.
No. Years ago I took my kids to the beaches there. We did a tour of both World War historic sites.
Brel
even my blood group is B Positive
and sure, despite Arty and his advisors being a box of Cadbury's flakes
COPL will go from survival slug to transformational butterfly eventually
https://media1.tenor.com/images/c2522217c37ec7cff4c5e39c07196778/tenor.gif
:))
HFBs - at sub 20p I also think it's a 'strong buy'.
Sentiment switch the key. In the mean time folk are being offered a opportunity just below the placee price which is always nice. Plenty were piling in in the mid 40's not so long ago and we're def in a stronger position now with the surface upgrade. I bet Art cant believe what he's stumbled into in terms of the acerage and site facilities. Short term pain realised - hopefully soon patience will pay.
Canada's response to todays news , the normal stunned silence , a single trade for 222 shares,
at Fridays closing price 0.34 / 20p
222 shares eh, someone going mad over in Canada, lol.
has to be BM , despite Artys LENDERS antics , the facts remain , the December 2020 deal
done at $2.18 a barrel reserves, when the poo $39 , the local NPV10/RR rate $7.52
In May Cuda reported their reserves based on that local NPV10/RR being $8.40 poo $63
Call me old fashioned but locally , our 31mbo reserves alone still worth multiples of our
current Market Cap value.
Zilch factored in for all the events since, rising flows , rising (although fallen back recently)
poo , two new discoveries declared , Dakota and what appears much bigger Frontier x 4
much news of local movements in Nigeria , PIB passed now PIA and licenses moving again
so fingers crossed an update soon , as per latest deadline end of November melted away.
:))