The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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https://www.blueprint.ng/lawan-refers-efcc-new-petroleum-agencies-board-nominees-to-committees-for-screening/
Burari now has all the oversight anti corruption players for the Industry in place , PIB signed into law
NNCP LTD to go ahead as the principle authority , Nigeria applied to OPEC for an increased production
allowance even though currently falling short of its current output target
All seems in place for movement of the 50 or so expired awaiting renewal OML/OPL licenses
to get some attention and approvals including our Essar OPL-226
:))
Gobig. My sentiment exactly.
Regards
Yes. HFB is a great poster. He loses me at times but I'm learning something every day.
You have done extremely well to have hung in there 4 years Bob, and have had to go through more then most on here do you deserve all your rewards.
HFB is a very intelligent poster who has been around a bit so the figures he has put out aren’t that far off.
Just because someone says something is going to happen, doesn’t mean it will. COPL need time to demonstrate their plan is coming together and that it is sustainable. It’s just time, that’s all, and that is one thing we have plenty of. Good luck everyone, especially all long term holders.
You are right there Illusion. Shaa never lost faith in either the increasing Fundamentals or equally importantly in the inevitability of the Market Mechanics at work. I must say that at times my faith in those eame mechanics wavered and I wondered whether we PIs were playing with a loaded deck.But I am all in here up to my neck and I either got out or stuck with it. In reality jumping ship was never an option. I have been here for four years averaging down from Liberian days.
Since Relist our faith has been tested to the limit and beyond.
Today there are signs that Market Mechanics may be working after all. Bigger players than us have been having their own private tug o war whilst we looked on wondering what the heck was going on.
Today those big players seem to be done and maybe, just maybe normal trading conditions may resume.
AS many have stated,the fundamentals should reflect an SP of peer companies of similar status That could be around 1.5-2.25 depending on what we include.
The small but significant rise today should herald a sustained and steady rerate.
Thanks again Shaa,,Tiburn HFB Charkie and too many others to mention.
And tomorrow is another day. Let's hope its the start of many Blue days to come.
Thanks illusion, I just feel COPL is a winner with very little downside from here, particularly as nothing is priced in yet, all good I feel.
No offence taken about heat from the Mrs, she is chilled - for now! (Just the odd sarcastic comment on where we are holding the half a penny party, next year).
Just glad we are all holding the golden tickets before it launches and then it will be too late to get these prices because let’s face it, the party could start anytime.
Let’s hope those figures come in soon HFG - like we are all expecting.
Shaa hopefully you are right ,but no matter when it happens it will happen , your possitivity has been a highlight of this board for a long time , wti rising all the time and positives on production as we go forward, keep the faith , the last part of the Cat and the Mouse was partly aimed at you, got a sense maybe you were getting a little heat
( from your better half lol ),i hope iwas wrong , if i was apologies.
All the positve minded people on this board ,are of the same mind ,
Arty will come up trumps for us at some point.
GLA
Shaa as said before think our first target has to be joining our peer groups listed
on the London Stock Exchange
When I transposed their market capitals back then to our share base that first clutch
of producers MC's with our share base came out at 1.75p - 2.25p did a quick fag packet
and using the same with our extra dilution since is 1.31p - 1.68p now
On the only day Canada had some volume 105m just after we suspended doing billion
share days they had trades at 0.02 and 0.025 on the book
0.020 = 1.15p
0.025 = 1.41p
So they may have been on the right track that day but naff all real volume to sustain it
Still think with our rising production etc etc we should be joining that 1st group of
peers by market cap the next group fell 3p - 5p which would now be 2.25p - 3.75p
with our higher share base
:))
We have all witnessed buys and sells drying up. We know institutions, HNWI and Arts business colleagues have invested.
Taking all the positives of Tiburn’s post.
This should be priced a lot, lot higher, some think 1.5p, sooner or later the damn wall will break.
Everything is pointing towards an imminent breakout - we are very close I feel.
Just thought I would put out there what a lot of LTH are thinking.