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No Director buys - not that any of the directors were likely to buy except Mr Millholland - no RNS, no podcast, breaching covenants, no one knows what's going on. 12p was the previous low - what's it now? 5p/6p? or is it just going to consolidate at 8p/9p. The problem is that now it has fallen to 5p it will be back down there sometime.

Canada was at 0.15 (9.15p equivalent) and even 0.155 (9.5p) for several hours until the last 30 minutes when it dropped to close at 0.135

Sorry I meant GBP/CAD = 1.634/1.635

GBP/CAD = 1.636

Lagging behind Canada again - currently CAD0.145 = 8.75p and it briefly touched CAD0.15p which is 9.15p.

Up to CAD0.14 - equivalent to 8.50p and ahead of London

CORO is up 16.67% now so maybe it is just a reaction to the presentation from Conrad that is linked in the post by Jasper13 at 09.52am today - but even so a rise of up to 88% seems a little on the strong side, especially as the EME management couldn't be bothered to even mention the Conrad presentation.

Coro up but only by 8.33%. Sometimes these rises come just before a placing but not usually by this much.

It's 88% up over something - but what?

The spread is quite tight for this size of an unexplained rise. 1.69p to buy and 1.61 to sell.

My average is 2.5p and I've not given up on seeing that back. Not a big sum though.

up 55% now!

65% down yesterday and the SP goes from 16p to 5.6p and then 65% up today and the SP only goes from 5.6p to 9.25p.

(not exact figures but just illustrative)

It is a pity that COPL don't just delist from the Canadian exchange. The average volume there is pitiful and all this Prospectus nonsense is only to satisfy their market regulations and is not required by the London market.

Cheers, that would explain why the drill is cheaper but also probably limits the upside on success until the hole is finished.

Quick question please.

Are 88e intending to drill a vertical well as well as a horizontal in one go?

If it is a horizontal too are they going to frack it in one drill session.

Cheers.

Just have to hope that we don't get a speeding ticket - joke!

Basically it just stinks of Millholland being let loose to spend even more cash on this lacklustre prospect and we all know now that the one thing he is good at is spending lots of funds - and he seems to keep spending whether this leads to an increase in production or not.

I think that you will find that most of this $16Million funding requirement is for 'An upgraded gas gathering system is planned to be installed in phases through 2023 subject to available funding which, as detailed below, the Company is working to secure.'

It is nothing to do with production, if it wasn't spent production might dwindle a little and the gas would just sit below ground.

This was a very stupid beginners error from Millholland to let the market know that COPL were short of funds. It sounds like it is just a series of bad luck with the weather and nothing terminal, certainly not with oil at $80 barrel. He should of just rattled off a placing - say 50 million shares at 12p. That would of seen them through and may well have even paid for a well into the Deep discovery with some left to go towards further Cole Creek workovers.

What a stupid person he is.