Canadian Over Share Price (COPL)

Careful language on Jan 8th...Ryan Gaffney, CFO, added: "The closing of both portions of the Placing will allow the Company to progress the Atomic acquisition. COPL's access to the equity markets has provided much confidence to debt investors with whom we are in discussions with to provide the balance of funds required to complete the transaction. We are targeting the receipt of binding Term Sheets from the targeted investors in the near term thus allowing COPL to progress to completion."

The last sentence now the term sheet has been released by RNS means we are now ready along with completed DD, 'to progress to completion'.

Bring it on

Same time!
Also, Haddon would not have bought 10% of the company if there was uncertainty here. When over the line production will increase 'rapidly' and additional buying nstitutions above £50M will make this a very different company.

Art sounds like he's got his vision and plan almost rubber stamped. Not long to find out either. This acquisition has been on going since October and we are almost to completion now

Thanks for replies,
Good to get second opinions on my own. "madness" investing here:-)

Agree that the deal is probably out of Atomics hands, and that he was free to brag after a certain point.

Oh, one last thing for the sticklers for detail.

1.37 mins into the, parade, he mutters something.

Was it:-
a) sometime
or
b) sametime

GLA.

Gogo Arthur and team

There were no chunky sells today or reported after hours. All trades were below £25k so I believe that the CFD has stopped or are finished selling. The blazing chunks were few and far between. Once January is done we can build in February...

Art also states in the interview that we have access to technical team that can do a lot more with the field compared to their small team, which we will take on that includes one engineer for example. Art's tone has changed he is not mentioning just the 15%. He is focusing more on the horizontal drilling etc and future prospects. Atomics shareholder will probably let his eventual COPL shares run for a lot more money if this is pulled off as we are lead to believe. Otherwise, Atomic would also likely have to buy out the other two entities which sounds like too much strain for the owner whose heart really is else where. If Atomic don't play this right they will have a mountain of mess to manage so I think it will suit both parties to conclude the deal. Due diligence is completed according to the interview so we're are now focused on bringing the credit to the table and finalising the deal to completion.