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Thank you jaimie let's hope this comes off for all of us.
Let's hope you don't get flushed down the pan & it does come good Jamie!!
Atb
I'm feeling rather positive with my holding to be honest Bonehead, thank you for your concerns.
@mcadder all the pump and dump squad have left the building, that muppet top cap picks or whatever he calls himself deleted all his ramps on this on twitter. The market has us priced as a dead duck with another placing due imminently the fundamentals have not changed and the mcap of this for what could be are on different galaxies.
For everyone's sake and more for the LTH's and most of all Bolton I hope Arthur pulls the rabbit outa the hat and soon.
We shall see soon no doubt about that.
I don't want to sound too optimistic but if you look on the chat boards and indeed Twitter for copl the last week or so you will notice that no ramping at all has taken place which at least means there is no pump and dump crew at work here to artificially raise then crash the price.
As someone mentioned on ADVFN this morning..... "we could see BOND NEWS or update of sort Monday onwards ''JUST A THOUGHT'' looking at the trading pattern.. up 4.5% WED up 14% THUR drop back 4.5% Friday morning got it back by 2pm, and bounce 12% before close, and could have been up a lot more, if MM would let it go LOL'' but they do hide it away sometime, to stop the herd smelling the green grass, and jumping in for a quick buck".
The fact is that the SP has been completely bombed out when just over a week ago it tanked to 0.05 after Q3 results upon expectations of an imminent further placing.
Wouldn't it be great if it turned out not to be the case and alt financing along with performance bond was secured to get this project back on track? After all it's about time and given how attractive the opl 226 prospect is supposed to be it would be madness for no progress to be made especially after all the technical work carried out behind the scenes to prove up the prospect.
An article I posted the other day had a relevant quote from the Nigerian National Petroleum Corp....."NNPC Group Managing Director, Mele Kyari, highlighted that deepwater exploration activities in the country needed to be escalated."
IF and I say IF the bond and financing are finally sorted then upon announcement I would expect the SP to gap up to at least 0.15 on open and rally towards 0.5p or more in the days after. If a further placing is issued however I would expect the SP to remain around 0.05-0.06p area for the time being. However from the way this has risen gradually over the last few days I am slightly hopeful at least that it's the first scenario we are looking at. It's certainly about time and would be a very welcome development for long term holders substantially under water. Gl
My holdings a 'punt' only, bought after the placing and from which I can walk away from without a second thought - even with a total wipeout of the stock, which is a distinct possibility. - I hope you sit as easily with your holding ;)
Atb
Hey Bonehead if you had 'FOREseen' the summer placing and Arthurs obvious recklessness in running the Company maybe you should have never invested in the first place? However your expert buying strategy which you are now calling a 'punt' has not quite worked out.
So you can LOL at me buying more when I did this week, my average is very healthy thank you and not that it's any of your business.
You should have saved some funds to buy more if you had FOREseen what was going to happen.
For someone who is in this now for a punt as you say? your'e a rather angry bitter person.
ATB Bonehead ;)
RE: What next?19 Nov 2019 08:45
Don't worry, Jamie's STILL Buying.....lol!!
Atb
LOL
;)
'And what is it you provide to this BB....'
Enough experience and honesty to have forseen the placing in Summer and Art's recklessness in handling the business......and you??
Atb & have a good evening all
Come on copl. Who would want to be out of this lol probably all of us but not with our loses.
Let’s hope so mate.
Copl seems to be moving back in the right direction - something afoot?
No placing this time alternative finance. PLEASE one day you never know. All quiet could be because we have something positive soon. Ps i know i can dream
When will be the next placing news and the prediction price anyone?
Whilst your at it with our CEO, please ask the more relevant questions of him as to how he can possibly justify the overheads & exorbitant salary he helps himself to as well as why he seemed to deliberately mislead you in the past - why have you not had the convo with him already??
Also, what 'exactly' are the issues at play and the situation with Essar and beyond the dismissive note attached to such by him, in the past.
Of course, he may decide to lie to you again but at least you'll be providing something to this BB, beyond the sycopantic complaining of the treatment Arthur is receiving - along with his very generous salary of course.
No more 'I know something you dont but Im not telling.....but major developments imminant' rhetoric from you Guitar.
Atb
Guitar, the poster who was trying to convince everyone that there would be NO PLACING (along with a notable other) and having heard this directly from Art - and then we get a Placing!
The same 'Guitar' who now states that he's still in comms with Art and that we're essentially an impatient rabble, who essentially dont deserve Art's leadership due to comments made about said leadership on this BB, which Art & Cathy read.
The same Guitar who stated categorically that we were about to get some great news.......only to have nothing but further dilutions and a decimated share price.
I can fully understand if Guitar (and others) wrre 'groomed' by Art, to disemminate info to the wider shareholder community through these BBs and via personal phone calls & emails. However, to STILL be defending Art after having admitted that he was lied to and implying continued 'exclusive access' to him........is just Crass!
There'll be many people who have been misled by those like Guitar so no respect there at all!
Atb & have a wonderful day
baerite, give it a rest. I suggest giving Guitar some respect.
Ouch.Someones a tad tetchy this evening.Seem to be taking things rather personally if just your run of the mill random invested here i’d say bwtfdik in comparison to you!
So I look at the posts today to get my daily laugh in , what’s the first thing I see , some moron accusing me of being Art, this site is a complete disgrace, all it is ,is a way to belittle Art, or continuous childish remarks or trying blame the entire world for my financial loses .. don’t think for one second that Art or even Cathy don’t glance through this stuff once and awhile.... then you want those same people to turn around and help out ! Just saying
Well Millholland did let us know the other evening that he was well and working hard to get this over the line whilst playing his guitar!!