Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
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‘Laymans’ reading of this …
https://www.pacermonitor.com/public/case/42766112/Cuda_Energy_Inc
19 May – “Withdrawal of Objection to Motion for Entry of Order Approving Sale of Assets … Filed by United States Department of Interior (Peters, Jasmine)”
No objection to our purchase of Cuda assets.
23 May – “Motion to Vacate PENDING SALE HEARING AND FOR ENTRY OF AGREED SALE ORDER APPROVING SALE OF ASSETS … Filed on behalf of FTI Consulting Canda Inc., in its capacity as Receiver by Bradley T Hunsicker. (Hunsicker, Bradley)”
Nothing to talk about, let’s move on.
24 May – “Order Granting Motion To Vacate Pending Sale Hearing and For Entry of Agreed Sale Order Approving Sale of Assets”
Court agrees, let’s move on.
26 May – “BNC Certificate of Mailing - PDF Document … No. of Notices: 3. Notice Date 05/26/2022. (Admin.)”
Paperwork in the post.
GLA
Thanks Prosper.
The naysayers can't dispute that.
Case closed.!!!!!
CH, All shares / warrants considered if atomic assets can bring in 5000-10000bopd and then add Cuda assets and production and then add lets say 20% recovery from new discovery to the books, and as a bonus some better financing sorted this year how could this not be worth 40p? Or circa 100% from here, we traded around this with less after all.
CH - You pull up Beesty for making an unverified, positive statement regarding the hearing. Yet Gold makes numerous negative statements and you remain quiet. For someone who professes to be impartial and balanced. You appear to be more than a tad unbalanced. Probs why you fell of your bike.
I strongly believe the, 'bike incident' was
SABOTAGE
Anyhow won the Morgan on eBay, some interesting kit was left in the boot though.... dirty swine...
Personally think we could easily be trading around 30-60 without cuda or the discovery, easily, But that really relies on reaching the higher achievable flow rates. Add better finance and should be attacking £1.
Cuda - discovery - drill program - incline production curves - high oil price etc etc all additional value makers.
Will it do 100% on Cuda deal, I dunno, could do, seen crazier things, wouldn’t be unreasonable, but given up with that sort of guesswork fantasy stuff a while back. Would say however that a good RS report + Cuda + hope of better finance then yes we should easily do 100% from here. Would be silly otherwise when you consider the mcap.
I’m really not that all that fussed with the discovery or Cuda. Still waiting to see if Initial Atomic assets can produce at and above 5000bopd for starters. The rest is all a bonus for me.
Like things squared away, solid foundations, back up plans and importantly cash buffers and worst case scanario planning.. COPL has been a crazy horse so far, unpredictable and unnerving, partly I believe that’s effective the general sentiment but feels like they attempting to stabilise the ship now and looking forward to that phase very much.
My random thoughts anyway.
Dead body?
Tree just filter the clown as this is on the court website but they still try and de ramp as NOT INVESTED.
Maybe the hairy biker thinks they are better and more knowledgeable than a judge preciding in court whereas they are just a Walter mitty living on universal credits.!!!!
Here fishy’s
Blue blue blue
Maybe different bait
I nearly fell of my bike
1.5 billion barrels
What will we be pumping in q3?
Gla
Sidney, nothing so sinister..
Twas a few laminated pictures of our 'Great Leader' from a few years ago sporting some canary yellow budgie smuggler's...
You have to admire Coplovers dedication to the cause...
Goes beyond even my fertile imagination.
Toots and pips...
Your retorts are laughable…but in a totally unfunny way. If you know what I mean
I prefer Lapsong Souchong served at room temperature with one drop of virgin yaks milk poured from a Tokoname clay pot or Tetleys
Well seeing as we’ve been there already and traded to about 38p after I think we should easily get back there as is. If the report And Cuda is resolved then can’t see why that won’t equally help get back there and more.
End of the day though it’s all about capitalising the asset/s and that’s very likely to come in anyway in stages now. We are at a real turning things around phase in the company as we speak.
Way I see it and after talks with the team there is a genuinely good chance we’ll break a pound within the year all going well. But will see won’t we.
I don’t think 20p is a fair value of this company right now. At all.
Wookie
Just filter the narccist as they are NOT INVESTED as all of us here have done.!!!!!
Just argue when provided with facts.
Unless I am seriously mistaken we will have 100% of the production and no increase in hedged volume. Thus the hedge poses less risk to us. If we get the sidetrack and gas remains elevated our finances will be swiftly transformed.
Who thinks coplploder is peed off that he /she has the bottom here - desperate for sp not to rise on open on Monday - what a sad person coplploder is trolling here all his / her life.
U need to seek help for you mental health coplploder imo.
Gla genuine holders for a great week here next week.
Many positives sageman, I think there’s going to be some positive things happening regarding the hedged oil deal, multiple inbound triggers to elevate our cash flow!
Missed the bottom here.
Well I think this will be blue Monday
And Tuesday yep Wednesday. Thursday don’t do nothing then on Friday blue again, the old rod is twitching
Reckon your not looking at the bigger picture CH. but you do you, 90% here thought this would come back over £1-3 and look… but then no one foresaw the goings on, and predictions based on available info at the time..
Time will tell, I’m not making or saying predictions just looking at asset value and viable projection and that clearly makes many more optimistic than you currently.
Time will tell, but things looking up here now. Way I see it we are essentially running on our lowest setting and expect things to ramp up on multiple fronts.
The 90% you speak about have got it wrong at every turn tho…the share price seems to do the opposite of what you lot predict every time
Sparkz, got to give credit where credit is due,
Wookie is fighting from a strong position. He turfed but is clearly back in. Where as coplfiddler seems to be at odds with himself.
Or is it just simply odd? (Smart cookie, but not a great taste..)
Thursday and Friday are bank holidays.
Apologies but my last post was not for this board! We do oil not gas.