Member Info for biglad6

Bang on, about Art. Even if all the promised things happen there is/was no need to treat the actual owners of the the company like d****.

clearly there is now something terribly wrong here just this week. we have seen the sp drop 20%. truth is after the s****** rns that they might run out of money most lth s were stuck as we are now. my £30k has turned into 3 and as time goes on i doubt the bod integrity full stop. they clearly do nothing to protect the sp. as for the jv i now believe that there's more chance of our ceo coming on saying it's all off than on. hence the long delay. all we can do is wait though after yesterday and this mornings 20% drop something else isnow obviously happening and it won't be good.

when art bought his £200,000 of shares i was fully confident and when the solicitors agreed to get paid in shares even more so however a 2p/1p sp puts a new light on how hopeless the people running this company are.

the way out ? the only possibility would be a suspension , leading to a jv with an exxon. (sp comes back on at 20p) then consistent positive updates about production.

i keep thinking that this is part of some grand plan of arts, but i don't think it is, if it was you'd be keeping the sp in the 20s as he did when he bought knowing the jv and production could send it to a £. even with all that if it happens at all see be lucky to get to 15p.

also w it art when news is non committal rn s s flow about "still in discussion " et c "moving forward" he's full of news, when you have to actually announce anything specific he s light to say the least. if he does read these boards ****ging him off doesn't make any difference but we've even past the point where a slow organised sensibly managed rise has disappeared and now are awaiting a miracle. how often do those happen?

I was expecting a ten bagger as well, if we got one now I'd be about even!

I'm afraid this whole thing is now about to collapse. I've posted on here many time s about how the S P has been decimated for no apparent reason when it should have been building to increased levels based on JV and increased production levels. .Noticeably today a lot of others have had enough . (That would make me laugh if myself , Mrs and the kids ISA's didn't have about £30k committed) And when I say had enough there's no way many are going to sell at 3p when many have been in in the 20s and 30s.

We've been carrot dangled good and proper. The JV was mentioned 9 months ago, the finances were meant to be sorted out but havent, endless delays with production, poor RNS s and no effort by the BO D to protect the SP.

I used to think we might get a JV announcement , increased production et c because as investors we always have on rose tinted spectacles. I think we need a 15 bagged to make a few quid. A disgrace to say the least.

It's the first time I've really believed this, the SP never moved on RNS s because nobody in the know ever believed this could come right , and as time goes on this point of view is being proven right.

Sorry to p*** on everyones chips here . Nothings changed here and hasn`t for years. The company isn`t leaky and besides even if they can pull off a sale which is a big if and they haven`t so far (and on reflection hadn`t before the war intervened) with the SP so low its hardly going to be anywhere near the price that we were investing in the 20` and 30`s.

Added to the BOD`s now contemptible attitude to communications, the bare minimum when we should have had a statement saying how the was was going to directly effect our company and any possible sale. We also needed a full and comprehensive update about how far they had got along with the process. Not naming names if necessary but no doubt years after negotiations these NDA`s must have run out.

Instead we have as usual chuff all. I`ll get excited when it gets back to 20p , not ******** 5p, a shambles.

Panama, the problem is here is as I keep banging on about is the SP certainly in the medium/short term the damage has been done . Lets say you are right and this is at last a string of decent announcements, which it may well be , increased production, JV, better comms AM had trashed the SP from .38 when I started to get involved to .16 when it stabilised and then the worst RNS ever and not needed to the s***show SP we`ve got now. Say we got JV news tomorrow it might go back to 16p in week, then good production news 30p still under the 30`s that many people hold shares in. Look at today decent RNS and down 3%!

Arthurs response, "I`m down as well", that ok then with an x zillion pay rise or whatever he got last year for decimating shareholder value and whats more disappointing this company has great potential. Moving forward 1 RNS a month please with good production figures in, interspersed with JV news.

Hopefully like me he`s thinking it won`t matter in a year when the SP is a pound, well to tell the truth Arthur if all this had been handled professionally we should be at 40 -50p now looking for £2-3 if all this comes to fruition.

He s up again I don't believe a word he says ! C'mon guy prove myself and that big loser wrong !

i tell you what there`s some real gems on this board. just looking now, "why hasn`t raul whoever packed in and joined qbt." who ******* knows! perhaps he`s happy where he is , perhaps he can do both jobs, perhaps his mrs said stay where you are , perhaps he`s doing his secretary! the reason being the litany of reasons we all stay or move jobs. why would you even write that !

people getting back in or not, who cares, so the price can drop by .1 of a p so someone can save themselves £50. good luck with that. you know what with all that b******* if you thought the company was going places as i do, i certainly think at some point we will get a massive spike , invest at 1.9, 2 or 2.1 if you don`t , then stop boring the rest of us and if you`re a trader (people i respect if they are good enough to make money at this ) then your medium, long term view is irrelevant as all your doing is trading it ! there thats most of the messages on this board covered.

Guys and Gals,

If what is being researched and tested here comes to market then the SP of this company will be in £`s easily. The issue is with these type of shares is that often the CEO has issues with over exaggeration, wishful thinking or/and a combination of downright lying. (Look at NNN, ODX to see the full circle of deceit and COPL and Prem to see issues with CEO believability even through RNS`s) This however has a distinctly feel to it in that the progress has been logical , timescales have been stuck to and backed up with facts.

I`m hoping that we will soon have sales to US companies that will rocket this like someone said like ARB. Can`t wait to

see how this does next week and companies when they can mine faster and cheaper.! What could possibly go wrong !

I`ve got nearly half a million of these c`mon a £ !!

Just read that excellent article which sums up where we are. If your thinking of adding, selling or holding its well worth a read. Must say its breathed a bit of confidence back into this for me, wish I was buying this at 5p not 20p!

One thing I want to say is about AM and his comms. Now I`ve been invested here for a while its absolutely true to say his comms is awful in that I don`t think he has anyone to control him. All comms about next month whatever a JV, more oil etc , etc are fantastically optimistic and smack of ego and boasting. Lets be honest the world is full of these.

The difference here is though that he may just deliver the timeline is marching on, jv updates have continued and more oil is on the horizon. As ever with this type of share he could turn round tomorrow like ODX and more recently those robbers at NNN and say its all off and all been a pile of ****. That type of thought though in my mind on balance is more reflective of those other companies and the high risk strategy that is involved investing here. Another good point made this morning in that these two - AM and the CFO , I don`t know anything about him except he can`t be doing a good job if he`s letting a company sitting on a massive JV and millions og $`s of oil nearly run out of money and therefore trashing the SP . I`d be firing him. With the AGM coming up soon we`ll hopefully find out soon enough but more boringly might have to put up with the inevietable can kicking scenario. Although even having said that if I`d have ****** up the SP I`d want to something good to say to shareholders pretty quickly. We shall see.

The problem with this share is that that not many have much confidence in the CEO. To be fair over the last year we have had much news that should have boosted the price substantially from say 30p to 60p. CUDA, oil discovery, RS report, JV possibility, continuing JV progress, large director buys, even if you believe it consolidation and name change ready for a NASDAQ listing.

All the former are factual events that have occurred and the SP halved. Another 80% came off when the buffons couldn`t manage the debt properly and whoever wrote that RNS should be sacked.

So where does it leave us punters ?

Instead of the SP increasing on each good event as mentioned above its clear that the market has absolutely no confidence in COPL until we can actually show them the money in the form of a JV or/and increased production. This has been very, very unfortunate to say the least and most comapnies like this fail to produce any type of good news for years.

I`m of the opinion that actually the JV might happen (positive thinking, COPL was approached and the RNS `s have indicated that progress is ongoing and getting to the end stage) issue is that the BOD have failed to look after the SP by handling the financial issues. Thats why we are at 5 p and even with a 4 bagger I`ll only break even. And so will Art with the shares he`s bought!

Excellent post. I`ve often wondered and it was one of the reasons that I invested with UBS, lawyers etc all working to supposedly close the deal that never was. (And despite stuff from the BOD about other people have sold stuff they`ve taken so long now before and after the war. I don`t really believe this will ever go ahead. Like most of us I live in hope but thats it.

Undoubtedly all the advisors and BOD have been paid for delivering f*** all. Its a shambles and needs to stop. Lets be honest if someone down the pub told you about their £thousand special delivery they were about to receive and 8 years later they hadn`t they would be marked down as a right bulls****** or a fool. Lets have a statement from the BOD talking about where we are up to with sale if at all. Why it hasn`t happened and what are the chances of it happening in the next 6 months. This continual NDA stuff over 8 years is relevant when its relevant but not after this length of time when the owners of the company ie us want answers.

The truth of it is , is that any consolidation (and we had one not so long ago) is a smoke and mirrors effort to make £5 look better than 5p or 50p or 0.0005 with the accompanying consolidation. AM can do what he wants if he delivers the goods on the SP but he hasn`t and its gone massively backwards and therefore weve got a crisis of confidence in him and a massive one since the 65% drop. If we had confidence in the company and were told what the reason was and knew that AM knew what he was doing I wouldn`t bat an eyelid. However my view is tell us why this is needed and if you need it because its anything to do with JV or corporate investors deliver them first, tell us and then do it. Or do it all on the same day. Rodgering the SP once more is absolutely not acceptable and we need to know why. In fact if we were large shareholders you would be on the phone asking why, particularly after what happened last time. AM treat us with some respect, we want to come with you on this journey but you need to treat us with some respect.

A few interesting points here I've got £20k here at an average of 22p and have written several times about the unacceptable SP, decimation . (No doubt the BOD would say we had to inform the market but equally they have done f*** all to correct it.) That leaves a number of issues even a 4 bagger would put me even instead of nearer 80p. It also shows to me how little the BOD care for the investors here and good corporate management in putting a little effort into protecting this. After all a few well written carefully crafted bits of news would be helpful.

My second and less obvious point but has been touched on this morning is that whether there will be good news here at all. I think for many here and is for most a function of the human condition is the thought that positive things can happen (in this case a JV) despite much evidence to the contrary. The main pointer here is that despite all the pre announcements about an imminent JV it is extremely common for the sort of CEO s on AIM to say that things didn't work out and back to square one. Two other recent s***shows I've been invested in are ODX, 90p to 3p and Eurasia 40 p to 5 p supposed sale of assets still going on.

In fact it you were talking to your pessimistic self youd make comments like "How copl, going , did it get those Nigerian licences? , surely not another placing, now it's relisted at the SP can only move upwards, Ryder Scott report that should make great news another 50% upwards move, JV talks brilliant thanks for advising me to put the kids inheritance in this !"

Of course none of these things have happened, why? Because most people think this company is a load of hot air run by a charlatan, and will believe it when they see it.

I wake every morning looking for the great JV news and I believe it will come but I'm not so sure whether that's based on my God I need this to come true, Arthur told us it would come true, I deserve a bit of luck, simple belief in a positive outcome . Of course looking at what's gone on before logically your be pretty doubtful !

Good point MD, but as has been said before even if we get a five bagge r like mirriad we'll only be at 25p not ******* 80p to a £1 where we should have been . What ever happens to the SP, if it all does go well the starting point is so low that a lot of our profits will have been decimated. It takes most of the pleasure (and m oney) out of this holding!

Exactly a number of increased holdings of you look!

All have a look at Mirriad the highest riser on the board today. A 400% riser due to a collaboration with microsoft. More interestingly there about 20 yes 20 TR1 s over the last two months. Obviously someone knew !

The truth of this is that the BOD mig by have been awful with their comms. But if they can't sell the f+++++ because of the war then the're isn't much room for manoevre. I'm averaging 22 p so I'm just going to wait. Lots of people on here are understandably bed wetters. But what are we meant to do except wait. Could be next month cou
ld be two years could be never. At some point this idiocy will finish and then we'll see what happens!

Thought I'd come on her to see if there was any opinions on EUR shares, with it being a EUR board. Looked back 3 pages to find not one word about the share, but various opinions about the war which you could hear down your local. Any chance of anyone putting anything up about the share rather than how much p utin spends in Lidl every week?

I feel want to believe here that we are on the verge here of something half decent. Certainly being made unnecessarily complex (certainly in his poor communications) by Art.
However if you look at the recent facts there seems to be much news that implicates some type of (if you'll excuse the expression) happy ending.
We were approached by the JV partner AM himself has bought a lot of shares personally at a high price. (Whatever people say about he can just grant himself more ,which he can. Why bother sticking in £200 grand as he did recently to turn it into 50k . Why would the legal firm take payment in shares (He'll would freeze over before th ey lost money) Why would a household name like spreadex by 3% of the company. Plus the Ryder Scott report.
It certainly didn't sound to good to be true because we've all been let down by the BOD and how they've managed the SP. Also think where we were a month ago with many on here believing we were going bust!
Also I do believe we are on the verge of excellent news because the news is now coming thick and fast other s more knowledgeable than us like the lawyers have seen all the papers and had permission from A M to buy shares. I'm not 100% sure of the change in name of the share consolidation but they again seem to fit into the idea of projecting a company image of more gravitas and Certainly the lawyers and spreade x won't want their money being tied up in this for years like us mugs. and
If I hadn't seen the failing of your chair nonsense and all the jv is next week stuff it would hold more conviction. Though that's to do with obviously the sort of person he is is boasting about stuff that hasn't happened yet. Of course if this does go ahead than all that silly nonsense will stop when announcements have to run by a PR department and someone at Exxon or whoever will phone up AM and approve what he does and doesn't say.
My Mrs says every week how that Canadian oil share doing and I say just wait you've got to be patient. I don't know whether I think o r hope the above is true but for all the reasons above I'm beginning to think it might actually be true!
Caveat no doubt like some others on here I invested in odx, a covid testmaking company who told us that they had secured a £50 to £370 million contract with the government. We all waited and waited for 18 months and in the end the govt never drew on the contact and it turned out that they didn't even had to order the £50 million lower estimate. Needless to say the BOD sold their shares at 90p before the news when the rest of us got back next to f all.
Nothing's in the bag before you've sold the shares !