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Thank you for providing some sanity - sadly lacking on LSE and the board particularly.
i think traders outweigh investors so heavily now (the culture of everything needs to happen now) that common sense long term views are so minimal they get drowned out.
The "i'm new to this brigade" really get me going, looking for someone to hold their hand or blame all the time. This is supposed to be for people with excess cash looking at an alternative from Building Societies and the likes, not people gambling next months rent.
Joey, so short term you got it wrong, not me, not the MMs or anyone else.
Two choices, suck it up and walk away.
Stick with it and see if actually long term you called it right.
bleating and moaning here or anywhere else if going to help - certainly wasting your time if you are blaming rampers. Its your money, your choice, listening to a faceless BB and making investment decisions based on the enthusiasm of others is the quickest way to the poor house.
The best day to pick up bargains.
I always leave aside a little bit extra for days like to today, 3-4 companies i'm in are down 5-8% for absolutely no valid reason, than its a bad day, people cashing in for Christmas, Brexit etc - as far as i'm concerned good day to buy.
More selfishly i was thinking of the shareholders. If the price is set at $4,000,000 worth of COPL shares, it would be much more beneficial to see a price of 0.75 as to 0.25 in terms of the number of shares issued.
As a major shareholder its in AM's best interests to have the share price as high as possible on the date of completion, the best method of doing that is getting Nigeria moving.
It maybe just a coincidence and dates just happen to be the same. But at least we know even if he has a miniscule amount of influence, Art will be desperate to get Nigeria done in time!
Shaa/Jiving - you follow this closer than me. Surely the date of the 31st Jan isn't just coincidence is it?
If the extension is granted (and i'm wondering if this is the biggest nod and wink you'll ever get) then common shares at 31/01/2021 would be far better for us and all existing shareholders if we were close to 1p? Which if the extension is granted is where we would likely be.
Has suddenly become a very important date for this share.
Has Art specifically negotiated that date with Atomic - based on what might happen in Nigeria?
Clearly there would be significantly less dilution to COPL should an extension be granted a few days before any deal completes - just a thought - surely Art wouldn't be that kind to shareholders would he?
These i find the most obscure posters on LSE - which given the competition is some claim.
The only comment ever made on UJO is to tell us they have sold - just why would that be the first interesting thing you've had to mention?
Whilst i would applaud openness and good communication from the board - writing and asking for information that should be made available to all investors, does seem a continuation of frustrating lack of investor care from the company.
https://www.malcysblog.com/2020/12/reabold-union-jack-zephyr/
Trying to second guess rumours and emotion is not a science and should be treated with caution.
That being said Executive Director and CEO buying 38,000,000 a fortnight before results known to the public - is a fairly sizeable vote of confidence.
At this stage - i'm more interested in what is actually happening with I3E.
We were told in Aug that for the rest of the year the focus would be on farm out and adding assets - as yet we haven't heard anything on either.
I appreciate this appointment is potentially a stepping stone for the latter - but the time has come to let investors know where we are with a few things.
Having sadly trawled through a lot of tripe on here recently - actual news on what we are looking for would be a welcome distrcation.
Doria please dont go boasting - its normally a sign that you have failed - You first ever post boasted about your 9p average in Angs and look how that worked out.
We all back winners, we all back losers - you aren't interested in UJO - so perhaps time to spread your wisdom elsewhere.
Saseefeldt - are you the same person who said the following:
I wish i hadn't got into this share
followed by
Anyone in this share is a moron
Can i add anyone who invests money before research is always the latter!!
The 12 month chart shows it spent 6 months under 0.1, a good chunk of which was under 0.05 - so like any high risk/reward share timing is everything.
If you are after nice and steady - you really ought not to be invested here.
You have to ask yourself what does 2021 look like for COPL - if it gets signed off i think even the most begrudging individuals on this site would say 0.75 minimum (potential to be 2-5p if all went swimmingly) - on the other side of the coin if things haven't been confirmed and dealt with by end of Q1 2021 the chances are this will be sub 0.1 and the pressure will be on Art to produce, raise funds etc etc.
That in a nutshell if what you are dealing with - high risk, high reward.