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We don't "have" 1.9b Bbl. of OIP. We have an RNS saying that they have found some oil.
The way this is going IMO is people still don't fully trust Art, and quite rightly so. This will hover around 40p mark until CPR released, then this will fly. Just my opinion
When are we expecting/predicting the CPR to be released, I guess that is my only question.
I have been in COPL for 2 years now back in the 0.04/0.05 days, so happy to wait longer, but anticipation is killing me
It only states "The Company is working diligently to prepare and file the Interim Filings, on or before
August 31, 2021." Nothing in that statement does it say they are ready to be filed now like Charlie said. For all we know they could delay it another 1/2 months as they are not completed
"So at the end of the day we are all gamblers and no one knows what’s going to happen here, I just know it’s not going to open up over 1p".
2 statements that couldn't be more contradicting.
1) No one knows what's going to happen here
2) I just know it's not going to open up above 1p
According to your own statement, no you don't "know" that...
Actually, thinking about it, it could be the opposite, they have asked for the extension so they can focus on getting the prospectus in before the first deadline of 14th August, then it gives them just over 2 weeks to get the Q2 filings done. Hopefully this is the case
Iron, that is what I understood from it, although now they have asked for an extension till end of August instead probably means that the Q2 results will have to also be in the prospectus. So most likely will not re-list in August.
You can't categorize everyone as an idiot for selling out quickly on relist. I bought in at 0.04p (averaged up to about 0.16p), so for me, taking out my whole holdings at 2p pays of my mortgage, my car, my wife's car, sets up my child's savings, and leaves us with a very decent bank account after. So people need to do what people need to do, don't listen to anyone that says don't sell, do what makes it right for you.