The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Aiming to get CUDA done by 11th July!
So bladder if you had to pick a date ish no commitments or I told you so if wrong. It won’t be last day and won’t be first day you’d assume.
Gold…. Come on… are you off the bud or is that the bus yet? Why don’t you get nobholder to reply for you? Or is that another one of your caps… recharge the phone and then we’ll get DJ, Gold and nobholder all back at the same time… magic!
No Yacht.
The RNS gives a very specific closure timeframe of 4 weeks which has not deviated in all of the subsequent references and official correspondance. Asset transfer, legal documentation, payment etc and pen and papet will not in happen 24 h after post appeal period. I would say that is fairly reasonable to say.
Not in the slightest no Hawkes. Just imagine what sort of message it sendss out to the market if it becomes before the 18th wink wink.
There is probably not one man keener to get this done than the big man himself.
If we were on track with Cuda then it would have been sorted for 18th June. Obviously something is taking a little longer to sort out. Roll on 18th July.
Not tomorrow Bob.
Closing of the acquisition of the assets of Cuda Energy LLC by COPL America Inc, is anticipated to occur sometime between June 18 and July 18, 2022.
A week early Bladderman LOL!
Is it tomorrow then Bladder?
If cuda delivers to expectations what we expect the sp to be.
You'll see
Don't doubt it one bit but what grape vine is this?
Guys i'm hearing good news from the grapevine. We're on track re CUDA ::))))
gold cant see the those companies you stated have £100mil in bank......was that totally made up again!
lb got caught out for porkies!!!! and got banned....carry on in the same way goldie!!!
GOLD… It’s getting embarrassing now… put your DJ cap on. Let’s have an answer… maybe you’re on the bud home… ok I’ll give you an hour or so.
Moreover we need that independent RS report to demonstrate to the market in addition to our current near surface production and optimisation strategy that this £300M NPV10 unit is underlain by a cicra. billions of barrels of liquid gold
To think it was valued at £400M not too long ago with no cash and just a dream to sell
One antagonising example is 88E - no production, very limited cash and valued at £83M
Gold you seem to be ignoring me…. GOLD ARE YOU THERE?
Another key aspect is momentum, sentiment, shareholder base and the proven reserves.
COPL was SP 39p in March - with no CUDA confirmed 100%, no Frontier drilled, no RBL - as now.
Its fatuous to believe with all these in place the top value potentially achieved is just 9p above that and remains in that range - this is a journey.
The 12000 boepd is just a comparative milestone.
4000 BFU forecast for 2023
16 phase 1 delineation wells for Frontier are planned - 800 bopd may be expected from each as benchmarked = 12800 bopd
Then longer horizontals towards 1 well per square mile at 60 sq miles for Frontier alone - with 2000 bopd average per well viable as also benchmarked.
120, 000 BOPD
then Dakota similar scale
Twenty times the Touchstone production level example provided with SP at £1 in March
It will most likely be sold to a Major way before this scale for c $1billion+
but this shows the scale once the discovery is proven and producing - this is the target, not the interim journey.
Or you can of course choose to sell at 48p - assume no further value may be achieved.
What is Canada doing ffs
Single digits soon
Come on arty
This has been a long path
18:03 - clown!
Mr angry, aka DJ or is it gold… I know you are one and the same!!! Laughable. Listen gold, DJ never mind. You both have zero credibility on this BB… can’t believe I reacted…
Sad!
At the very least, this month should be the last time we're pratting around at 16p...!