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And remember Eyeguy we have more oil in situ than what Sclumberger paid 724 million for.Massive project here once given green light which must be close and all for mcap of 5 mill ffs
Long time no see Eye guy, hope your well, got to agree with your post GLA
0.20p isn’t fairly priced. 0.50p on this all day long imo
Look at my twitter feed. Bang next door Schlumberger paid $724 million. And BOPD target the same. 60k BOPD. This will imo do Multiple pence
Look at the volume .
1 billion us annum oil play
Buy
They can't hold this down 0.20 soon
Full ask being paid. Hold and reap the rewards.
i bet you LTHs see - 0.25 + today alone.
Should do 0.5p on this news alone imo.
With finance news- it is coming then multiple pence imo
Just 1.5p from here would be out of this world for all
The billion dollar play next door is not the meat in the sandwich ...we are according to the CEO based upon the 3D seismic campaign. Should see a significant upturn here if, as suggested, the finance is to be concluded.
Mohh- next door play is a billion dollar play and being drilled now. When the finance plan hits this imo will be priced More accurately. Plays like this should be £100 mill plus for now imo
Schlumberger just invested 724m in adjacent block.
600000 bopd field plan.
CEO would only risk only money if it was happening.
Buy
The Company's key asset is OPL 226 offshore Nigeria held by its Nigerian affiliate. COPL's current intention is to eventually bring three to four appraisal wells at OPL 226 onto production at a forecast rate of 6-10,000 bpd per well.
Morning dip is coming people..... time to top up again!!!
Boom - massive volume. 100% coming up v soon imo
If Bonum is finally bullish then so am I! ;)
Bonus- next door Schlumberger chucked in $724 million with almost same BOPD production plan as copl.
Either imo pay these silly prices or next year pay 2-5p
Simple choice
"TYM can do 325% , we should do 500%" - as a Start!
Look at the bigger picture today's RNS underpins - even a 500% rise doesn't reflect on where that looks like its playing out.
Art Millholland stepped up today (finally) and pointed the way to a far more advanced conclusion to the current situation, than we imagined.
Dyor & work that out for yourselves!
Atb
No gt_mdt, its much more than 'a couple of hundred k dollars' - it's a massive show of Confidence by the CEO, who really knows what's going on AND it suggests a much tighter timeline for outstanding issues to be resolved.
It's a VERY GOOD RNS indeed and particulary at this juncture!
This could be Bigger than TYMs 325% Rise in a day - it certainly warrants such a Re-rate given the bigger picture unfolding, imho!
Atb
I certainly wouldn't be surprised and as noted in my post yesterday, that singular 25M trade along with bouyancy at current levels over the last few days, as well as difficulty Buying without going to NT....suggested we could have some positive News coming.
I think it's a good sign this aged CEO is willing to stump up his own Cash and the amount suggests we may be more 'progressed' than we may have initially anticipated.
Many of the previous Rampers would have sold out already on their fractional profits, but will no doubt try to claim acknowledgement on calling this right.....SuhailM & co.....you know who you are.
The risks still abound but I think today may show a fundamental change in the saud risk assesment going forward and the 'potentially' massive upside v downside profile.
Good to be holding rather than trying to scramble for shares this morning.
Atb all