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Those who held their nerve this morning will be back in the blue before we know it….
Why would a TR1 drop though.
Do you think somebody bought or sold a decent chunk?
If the TR1 drops we might go blue
Woodstock - what company does. COPL is a prime example. Asset producing company and the SP doesn't move...
The most attractive factor of this company is the NAV. The best thing that can happen for shareholders is a takeover.
This company has had a good following of private investers in the past including myself..
I no longer hold but keep a keen interest of this company progression. The company does not appear shareholder friendly.
Blue finish for sure and I loaded up this morning!!! Money I can't afford to lose!!
Take a look at the MACD and RSI on the 30, 15 and 10 min charts. IF you are a believer in voodoo this could be about to turn.
Why spend the 200k out of working capital when you can use somebody else's money. Wages and expenses need paying....
Something wasn’t quite right, obviously letting someone load up cheap! will be blue finish more than likely now
Quite worrying that they don't have 200k to spend on legal fees
So it makes you laugh. Yestetday a huge rise on no news, this morning news and a huge drop.
They leave it a few hours and release a decent update.
Did they want to let somebody in...
I don't think it was a case of letting people out yesterday I think it was a case or leaky, drop to allow mates in and watch it finish blue today....
Nat, if you this this is bad .... should have tried being a holder of Afren !!! :-(
https://www.sfo.gov.uk/cases/afren-plc/
Either way, both parties agreed on it. So must be some juice left in the orange for sure.
Nate. Exactly.
Regards
Very sweet
Ask me for the loan. That's a sweet deal if you ask me
"For payment of corporate costs (regulatory and compliance and legal fees) and for general corporate purposes as approved by the Board and the Lenders....."
Serious issues if you need a loan this small to pay for "regulatory and compliance and legal fees..." .
aimo ....
stops taken out...AIM at its finest...Blue Finish anyone??......Wild West (Humming the Clint Eastwood Fistful of Dollars Tune as I type)...Gl All OF
Sounds like a win win to me
at least things are progressing at pace.
Sounds very bullish...let’s see!
I wonder if the long term goal here to is to secure as much money as possible from lekoil Nigeria and then look to buy into a new company and therefore sever all ties with Nigeria? If they can get the millions in the bank that they’re owed they’d be a good cash rich shell.
-- The Company has appointed legal counsel to recover the CEO loan to Lekan Akinyanmi and will provide further information as this process moves forward. The Company will utilize a Conditional Fee Agreement to minimise the upfront costs to the Company and provide an incentive to quickly recover the amounts due. The Company has claimed circa US$800,000 as being immediately due and payable, with circa US$400,000 being due and payable on 9 September 2021 and circa US$385,000 being due and payable on or before 9 December 2021. The repayments due in September 2021 and December 2021 are consistent with the repayment terms announced on 18 December 2020. As a result of trying to recover the CEO loan the Company expects to be served with a number of claims by Lekan Akinyanmi including unfair dismissal. The Company intends to defend any claims and the legal advice received so far doesn't see any grounds for any claims to be successful.