Member Info for Altag

I’ll need to TR1 if I buy any more and I don’t like filling out forms lol

Share price and company progress is disconnected at present. This will change as news flow turns more positive

Panama - people don’t lose money until they sell

Matt007 - why would people be jealous? That doesn’t make sense?!

100% agreed - imo what is happening is a transfer of wealth from the impatient to the patient

Presumably the Related party is Anavio the main bond holder

Yesterdays bonds rns removes the stress of needing the JV/Rbl immediately……also with credit suisse and svb/silvergate debacle I was very welcoming of the funding announced yesterday

We don’t need interviews/PR, we need what has been discussed numerous times in recent RNS’s ie the JV and RBL delivered…..that will be all the PR we need

I don’t think the rbl or jv was mentioned
enough in that rns….nudge nudge
wink wink

“…….while allowing management to optimally conclude their RBL and JV negotiations.”

“The aforementioned changes improve COPL's capital structure profile benefiting current RBL negotiations”

“…….on the back of this Convertible Financing while it continues its debt refinancing and joint venture discussions for the development of its Wyoming assets”

“…..these measures increase COPL's working capital and afford COPL a solid footing ensuring the best possible outcomes be negotiated for refinancing and joint venture.”

“These reductions facilitate a more efficient cost base, without sacrificing the strategic and operational aspirations of the business, enabling management to conclude JV/RBL negotiations to the best possible outcome.”

“….. this raise supports the company to an intended RBL”

Fish you seem to be getting a bit wound up this morning....shares and emotion are a bad mix bud

I think what Tiburn is saying is that if you are in here invested for the full or near full value of COPL then that isn't likely to happen in 2023 and therefore the share price is irrelevant in 2023

FinallyRetired - Agree share price is and should be of little concern to BoD's at the moment. Getting capital structure of the company sorted off the back of the new reserves report (due out soon) should be no1 priority.

Share price will be what it will be once the company's finances are back on an even keel

Control the controllables

Disagree with those that say their is a lack of transparency at the moment - there's a 300 odd page prospectus that gives a "knickers down" examination of the company... might not say what people want it to but there is enough detail in there for people to make their own decisions.

People seem to have taken a position….difficult to trade to any degree with limited liquidity. .

Llewelyn - 100% agreed . Also this week the volume has completely disappeared. Imo this is a really great sign of things reversing on the share price front

I’ll take level for the day….stormy economic waters out there at the moment

Dusthater - that rns says they are making good progress with bond holder to take some more bonds. And give copl more funds. Bondholder doesn’t have any security over the assets…..you telling me that a hedge fund puts more into copl with no security on the basis they think they are going to go pop?

And the rns doesn’t tell you much! I give up ……

Rns out - trading starts 8:15

Grizzle - ASX notice doesn't say to Monday just temp suspension -

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02641681-6A1139995?access_token=83ff96335c2d45a094df02a206a39ff4

Took 100k on ALL today at 22.2p …. Wanted more but got suspended as I was taking a position. ALL will be back to normal soon also imo

On one hand Im impressed with speed ALL management team got the shares suspended but bloody annoyed on the other cos I only got 100k at 22.2p and wanted more! Storm in a tea cup imho