RE: Re cashking27 Aug 2018 16:34
Wouldn’t imagine anyone will give a flying f about the annual spend and exactly where it was spent once all goes ahead and the drill starts as the revenues will make these figures look like a pittance.Dont think project financing term sheet would have been sorted or late stage service provider discussions ongoing if our staff count was only Art and Cathy.Yes their oil and drilling expertise costs big but it is this very expertise that puts us in such a great position to punch massively above our weight and grasp a huge return for all Copl shareholders.These staff have a long history of success and without them I doubt if we’d have got a look in.The prize is not far away and focussing on everyday pedantics and costs will have appeared blinkered when first oil flows from this huge field.Team Copl are there to impart their unrivalled experience,expertise and proven ability to bring the oil home.Relax ,everyone wins eventually it’s just a matter of getting over a few humps,but ultimately the team are needed .The hard work in Nigeria for team Copl on a tech level has been done-just funding detail now-but the Mozambique work (preliminary studies suggest this is also huge)is just beginning.A builder doesn’t just turn up and build a block of flats.Prior to this lots of work and fees from Architects,planners Qs’s etc.We’re almost ready to rock and roll in Nigeria with Mozambique set up work underway -hence notice of second placing next April. Ffs some of you look beyond your noses and tell me where else for a 10 mill cap you access such proven expertise and prospects which to add to all that are not exploratory.The oils there in bucket fulls. !!