Member Info for BigBear2

To buy any quantity blue day coming

That people are not seeing the bigger picture here we had an oversubscribed placing from IIs who are in no hurry to get their shares on the market.
We now have enough cash . Up front, to go hell for leather on 1st April, plus there will be no placees dumping as their stock won’t be on market on 15th

So 14 mill raised IIs on board plus confirmation completion on 15th with dramatic production increase 2 weeks later. Happy days doubt this will drop to placing but will add if it does

Pretty sure this typo will be corrected tomorrow if not even better as that would be a 1 yr lock in lol

It’s just a typo. The shares will be admitted before the long stop date that should tell you all you need to know that this deal is done. Tomorrow we find out if we get an increased WI. Which makes a lot of sense on Arts interviews he has mentioned that forward production rates are discussed with financiers, obviously having a net increase in this affects matters (favourably) for COPL.

Right just put a pair of clean shorts on...

We now know that the Atomic transaction WILL close on the 15th. This is in today’s RNS so it’s there in black and white. That in itself is fantastic news.

We know the credit facility only required 45 mill for atomic with a 20 mill accordion for future development. So funding of the transaction could not be an issue as the price is agreed and the finance also approved by financial comitee.

So the only logical reason to raise now is the additional working interest from the Chinese, if this is the case (only logical conclusion IMHO) this will go absolutely NUTS tomorrow.

GL all I think we are going to see Art has played a blinder here....

By tomorrow am

Accelerated book build so should here what it’s for and the price.

Nope this can only be Atomic related

So we had 20 mill extra available on the faculty on top of what was needed for atomic t/o so this can only be to acquire an extra stake IMHO...

The Facility has a base size of $45 million, with an additional, or "accordion", $20 million to fund future development at the sole discretion of the lender.

Hope you are right dude IMHO it’s the only thing that makes sense it has to do with this.
Notable no issues raising a big wedge that will hit market pre atomic completion on 15th

If it’s to up the WI on remaining assets then its great business otherwise cannot think of any logical reason.

Well at least we know it’s getting done..just sh*at ting myself at what price this was done. Considering the debt package is done we need to know ASAP what this is for....seems bizarre to do this at the last hour unless we are getting an increased WI.

Atomic is currently a closely-held private oil and gas company incorporated under the laws of the State of Colorado. COPL will acquire 100% of the shares of Atomic on closing of the acquisition on March 15, 2021. Atomic's assets are located in the Powder River Basin in Converse County, Wyoming, USA where it holds operated interests in 58,552 acres (gross) of contiguous leasehold. There are two oil production Units within the lease block: the Barron Flats Shannon Miscible Flood Unit (57.7% WI) and the Cole Creek Unit (66.7%), as well as one unitized exploration area - the Barron Flats Federal Unit (deep). Atomic has two affiliates: The Southwestern Production Corp, the operating entity; and PipeCo, a midstream company holding the

Not seeing that can you paste please

Completes before long stop date let’s just see the price. I would hope around 0.35 as their was huge churn around that price...

Could have done without that let’s hope it’s for additional purchase of atomic assets...

Will go easily within first hour tomorrow

Starting to kick in

Over 0.4 this must go...if not today then tomorrow..
GL all this is. THE ONE

Paid