Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.
When we see 50% of our investment disappear surely we're entitled to a rant.Especially when the company involved is doing nicely thankyou.:))
Nice analogy Tand but flawed as I didn't lose half of my children before they grew up.:))
Somebody is going to tell me that all the sells showing today isn't a bail out.
Well come Monday i reckon its going to be a car crash.
Im with you Bolton and Bob out if nothing by April.
Problem is there will be fkin nothing to sell at this rate :))
Wookie understand where you're coming from but 40% only gets us to 10p below relist of 38p so we are waaaay off but we'll get there.
Dumb shmuck...
10-Dec-21 15:32:19 19.05 75,000 Sell*
Good input this morning guys.
If true and cuda offer accepted and we're having to implement equipment to cope with unforseen production i expect Q4 and Q1 may blow the doors off this bad boy.
Usual crxp ,up slightly at first to finish 1-2% down.
Even a traders nightmare just walked down daily.
Thanks Doug for that resume,i take from that ,that we have hit the bottom as it were.
Any positive RNS should now propell us upward.
Crazy shinanigans but part if AMs plan
Fxeckin 5.9% down this week on no bad news.
Someone introduce me to one of these manipulating morons ill rip their arm of and smack them with the soggy end.
In and around?
4% down in 5 days so thats not strictly true.
Everyones holding value is reducing daily
Its like playing who wants to be a millionaire but not getting answer wrong....
You had 50K you now have 25K :)) lol
18.5 p i can't speak........we are getting so far adrift that 100% rise if f all in the grand scheme of things.Or can someone please persuade me otherwise.
Jesus Art whats the point in up grading website with production figures and not confirming officially?
Surely fed deep results are there?
Cuda better be the answer for radio silence buddy.
And there you go no movement on sizeable buys , we'll have to be bought by Exxon to move it more than 5%. :))
100% gets us to re admission lets. get this baby moving Art im feeling like him on Lampoons Christmas vacation telling family theres no xmas bonus:))
LB what another excuse for no rise"wierd goings on"Its a manipulated disaster at the moment full stop.
Bullxxit a drop again upon some good findings its becoming tedious listening to posters telling all how good we are upon drops every day.
Classic definition of a complete **** show and typically LB has nothing to say.
07-Dec-21 16:22:35 19.125 10,000 Sell* 1,913 O
07-Dec-21 16:21:38 19.05 10,000 Sell* 1,905 O
07-Dec-21 16:15:47 19.05 13,328 Sell* 2,539 O
07-Dec-21 16:14:59 19.10 25,000 Sell* 4,775 O
07-Dec-21 16:13:31 19.05 15,000 Sell* 2,858 O
07-Dec-21 15:55:54 19.10 20,895 Sell* 3,991 O
07-Dec-21 15:54:55 19.10 10,000 Sell* 1,910 O
07-Dec-21 15:54:52 19.05 10,000 Sell* 1,905 O
07-Dec-21 15:54:31 19.05 15,769 Sell* 3,004 O
07-Dec-21 15:28:45 19.125 13,082 Sell* 2,502 O
07-Dec-21 15:15:50 19.00 100 Sell* 19.00 O
07-Dec-21 15:06:09 19.05 8,500 Sell* 1,619 O
07-Dec-21 14:29:08 19.05 5,271 Sell* 1,004 O
07-Dec-21 14:28:29 19.05 50,000 Sell* 9,525 O
07-Dec-21 14:17:15 19.05 3,665 Sell* 698.18 O
07-Dec-21 13:48:56 19.165 26,023 Sell*
I think you'll find they were sells .....LB told me:))
Seriously if they had have been sells he would have been on it like a car bonnet.
Have a good weekend ive just tried to get into my dinner suit after two years....trainwreck
Hell theres oil every feckin where in them frontiers
The Company believes it has discovered a large conventional light oil resource play in the Frontier Fm sands (4 sands) underlying a good portion of its approximately 48,000-acre leasehold position. These four reservoir sands were damaged in the Discovery Well by significant drilling mud losses during drilling operations as well as cement invasion during casing operations. Due to these issues full evaluation at this time would have required hydraulic fracturing of each sand, which the Company believes is not cost ineffective at this time. Preliminary evaluation of deep well control to the west and east of the well location suggests the reservoir sands are present over a large area. Oil was recovered from a Frontier sand by drill stem test at a rate of 150 bbl./d from a well drilled in 1982 (discovery well for the Shannon Field) approximately 3.5 miles to the east of the Discovery Well location. This confirmed oil-bearing sand correlates to one of the oil-bearing sands up dip or structurally higher in the Discovery Well. The Company has commenced discussions with the regulator of the BFFDU on a delineation, exploitation and development strategy for the Frontier sands.
Currently, the Company has elected to keep the full results of the Discovery Well confidential for competitive reasons.
Tell us how the f*ck we can make £24mil per year in profit at 2,000bopd?
Who has said that is our forecasted level?
Market still cautious – despite good early performance. At present, we believe
the market valuation of the company does not fully reflect the 2P reserves
currently assigned by the CPR. We estimate the market ‘implies’ a production
plateau of around 2.5kbbl/d net to COPL, compared to the 5kbbl/d suggested by
the CPR. However, if the BFU performance continues and Cole Creek Unit (CCU)
also increases in production, we believe investors’ confidence will strengthen
relatively quickly delivering along a full value recognition of the 2P reserves. We
estimate an increase in confidence in the current 2P reserves could deliver to
more than 60% market value accretion (19p/sh).
? What if a potential outperformance materialises? Although only few data
points are available, we see some early signs of potential outperformance
beyond the current 2P reserves. If the rate of production increase continues as
per some early indications, we could see the company reaching a 4kbbl/d net
production level at the BFU by mid-2022. This will not be a total surprise, as the
IRT simulation has already implied such a potential scenario. In addition, similar
fields in the area have already experienced 60-65% recovery rates, compared to
COPL’s CPR assumption of c.25%. A scenario where the BFU performsin line with
the IRT simulation would imply value accretion of c.$80mm (39p/sh).