London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
You will only have one login account. Registering with multiple accounts is not allowed. Any user found to have more than one account on this site will have all, and any future accounts suspended permanently.
Your email and password must only be used by you. If a post is made under your account, it will be considered that it was posted by yourself.
Your account nickname must not be the same, or contain, listed company names or board members' names.
While debating and discussion is fine, we will not tolerate; rudeness, swearing, insulting posts, personal attacks, or posts which are invasive of another's privacy.
You will not;
discuss illegal or criminal activities.
post any confidential or price sensitive information or that is not public knowledge.
post misleading or false statements regarding the share price and performance. Such posts are deemed as market abuse, and may be reported to the appropriate authorities.
post any private communication, or part thereof, from any other person, including from a member of the board of directors of a listed company. Such posts cannot be verified as true and could be deemed to be misleading.
post any personal details (e.g. email address or phone number).
post live price or level 2 updates.
publish content that is not your original work, or infringes the copyright or other rights of any third party.
post non-constructive, meaningless, one word (or short) non-sense posts.
post links to, or otherwise publish any content containing any form of advertising, promotion for goods and services, spam, or other unsolicited communication.
post any affiliate or referral links, or post anything asking for a referral.
post or otherwise publish any content unrelated to the board or the board's topic.
re-post premium share chat posts on regular share chat.
restrict or inhibit any other user from using the boards.
impersonate any person or entity, including any of our employees or representatives.
post or transmit any content that contains software viruses, files or code designed to interrupt, destroy or limit the functionality of this website or any computer software or equipment.
If you are going to post non-English, please also post an English translation of your post.
If you are going to post non-English, please also post an English translation of your post.
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium and Verified Members
Premium Members are members that have a premium subscription with London South East and have access to Premium Chat. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
based on others we should be a pretty healthy margin at this stage and unless I missed something the loan repayments where deferred until ?, by which time the increases in flows/revenues should comfortably offset the loan repayments and maintain a healthy growing balance sheet moving forwards
Money flowing in , cash on the books , large but managed debt arrangement , think 90% or the market would like any of those conditions let alone all 3 lol
who knows noob had a few looks around myself and the only thing for sure is there is no end of private companies operating around Wyoming not just the big boys like Exxon Continental etc Perhaps its another like Atomic that have hit hard times during the oil price crash and fell into debts leaving them unable to raise the capital they need step in Arty good deal for us and perhaps another windfall retirement cheque for another owner lol
Of course he could be playing on words and the Wyoming assets he is muting are in fact Cuda and CNOOC holdings lol
I agree I've been surprised that there hasn't been a lot more buying at this level, strong support at 0.33 and downside would potentially only go to 0.315. I've chucked a couple of spreadbets at this level but am holding some back just in case.
News so far has been released into a dump of Godzilla proportions as said wonga's stifle a share , real II investors sit back and enjoy the rise first then reassess how much if at all they want to de-risk with future dividends in mind
one hinders the other helps
We want to see more TR1 with names on that will make people go WOW not **** here we go again another quick buck merchant with its own brokerage business
Shannon miscible flooding daily, weekly , monthly, annual revenues and profits rising UFN Cole Creek already having wells re-entered to increase production Massive drill program planned Deeps first pilot well declared a discovery with 6 reservoirs to play with (more reserves) Wyoming and Arty's more talks and eying other Wyoming assets
Nigeria finally passed the PIB and the President signed off 16th July many blamed the need to sign into law as the principle hold up to the now over 50 oml/opl licenses that have expired and still await renewal/extensions Nigeria potentially bigger than Copl America ShoreCan option for 30% (15% net to Copl) for what Essar having already spent around $80m in development describe as potential 100,000- 200,000 bopd operation on the FFD of 4 discoveries on OPL-226 First one alone they have already prepared for an initial 3 x drill program to be followed up by an 18 wells to be drilled for production with each well target of 5,000+ bopd each
The Atomic initial assets alone valued at £200m with all the above upside and here we sit rangebound floating around mid £50m MC
reversal, correction and rerate will come
This one has tried the patience of a Saint let alone Warren Buffett's P X3 every day a day closer GLA
True. Q3 results not important so those thinking they have until Mid Oct are wrong. What is important is the operations update and current production. We had one on the 17th of August and 1st of September so Art could put one out right now if he actually wanted. I expect it will be released as part of the drill results RNS this week or next and should show a pretty crazy figure that could even be close to 3k bopd if next week. If so we will clear the seller within minutes.
predator nothing to do with knowing something, the real financial houses and II's pulled back in the late 90's the scum that replaced them for survival funding are not remotely investors as called in rna messages, they are quick profits on discounted placing and warrant shares
They have their own agenda and stick to it , with not a real thought of the company do not care if it goes up down or sideways
Art got rid of the old YA's best mate and side kick RGO the lowest of the low and replaced with the next level up but they are still wonga lenders not investors , the hope is the Real II's and Funds are now seriously looking at Copl now settled over many of their criteria for investment a stable company with a MC of over £50m (which we are just about)
The upper levels will come on board and assist a companies growth and development not hinder it with confetti dilutions, hence the plan for a large consolidation, more attractive to those players who down the line want to see dividends of pence not fractions
We are in that transition and a market correction will come once the in for themselves only crew depart even at todays prices the 0.26p warrants making a nice profit
we also have the unknown factor of the £4 million squids worth issued to the ex owner of Atomic is he also selling to sail off into the sunset of his latter years rather than a further wait for a higher return
What we do know is there has been incredible volume and heavy selling since the moment we returned , it cannot last forever , I posted back in late July saying I expected this on our return but even I was thinking 2 or 3 weeks to clear the decks and leave them behind
The end will come but it will at the moment take Arty and his crew to get some regular positive news flow to shift the momentum and get our real move up in motion not a huge all in one blurb now and again
Need some meat on the bones on a steady basis to shift and maintain a market correction to a steady rise to real value , not a cannon fodder for the sell on news brigade and small profit takers and traders
All investing but only one lot INVESTORS , time to reward your often expressed long supporting shareholders and not just thank them for sticking around again and again GLA
Oil is 71 + COPL are raking it in and rising News in anytime soon, don't lose, it switch off now is the time you are most likely to make a big mistake and will cost you dearly This just from my own experience. Gla
Art never said they were done, he said they were close to being done. Any CEO worth their salt would say similar, you’re hardly going to say “we’ve still got shedloads to offload”. I’ve been in companies where it takes months to churn, with the volume here I don’t think it’ll take much longer, patience key here. GLA