focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
I would rather buy Pokémon cards.
There is more investment case buying cards than investing here
At least with the right cards, they go up in value over time.
Did you know a Charizard original edition can be sold for £20,000 collectors piece.
Bloe have been dropping consistently for the past 5 years
As claimed by the rampers, then why have they sold out already.
Talks of 300% and a great assets,
Why not hold for a bright COPL future
Fact is we all know the risk are high!!!
Multiple scenarios and one of them being the share suspended
Dyor
Copl $135million debt will not vanish overnight
Uncertainty remain for COPL
LTH's can sing a song to make them feel better
but it will not help get their money back
Class action is needed
Rather than shareholders bickering amongst themselves
I suspect RMBs role is to create false hope for the SHs.
It's the illusion that something is being done but in reality the damage is already dealt and nothing can be done
Sorry for those who bought in on the back of illusion.
All while the rampers are offloading their shares to mugs
Won't be long until the end of Copl imo
"If possibilities of extracting vast of amounts of oil & gas was easy then why have Farm outs , this is about reducing risk."
Ooh so you admit there are risks involved, and it's why no majors have touched this, they are big players and no fools.
The risks are the reasons Bloe have failed in the past 5 years, but what makes you think they will succeed in the 3rd project when they have a track record of failures LOL
If the Georgian wells were profitable to begin with, then why no majors have taken this opportunity.
You think the majors would let some unknown small fry come along, prove up some wells, only for them to then seek a JV.
It makes absolutely no sense...
Let me tell ya all, if the wells were profitable then it would have been snapped up already.
The reason no major have touched them wells is because they're not profitable.
It's no secret Georgian wells are complex. The Russians have given up. They're probably need £100million rework funds to extract £5million worth of oil LOL
Let's have some constructive debate shall we.
What have BLOE achieved exactly?
Originally, the company were founded with the concept of entering old wells to make oil extracted profitable. Is the company making any profit?
Well 16az were supposed to bring 1500-2000boed.
Did that happen?
Paul and team talk of increasing share price value for investors. The sp went from a historic 15p high to now 1p. Did that create any share value for holders?
Paul and team also said they will transform BLOE into a self funded company from profits made from wells. The company ended up in a state of paying 16% interest for loans. Did the self funded plan happen?