Member Info for Bladderman

I think so.

Lets see how she plays tomorrow.

As you say 'fumes', Hoping.

Like Eyeguy said 50-60p next month. Even then it's still peanuts for our upper Frontier prorous sands discovery.

COPL now a beast in the making

We've had two red days ...i think tomorrow will be finish a strong blue because £56M MCAP isnt quite cutting it lol

This highlights the potential for the Wyoming asset to generate long-term production on a scale many multiples greater than our original expectation."



"We are delighted that this discovery reflects the scale of previous discoveries made over my career and in particular, the North Sea. We estimate the Frontier element of the discovery to cover an area of approximately 51 square miles with the capacity of up to three horizontal wells per square mile each initially producing 1,000 - 3,000 barrels per day. We plan a phased production program and have already applied for permits covering four horizontal wells.

Rule of thumb for overhang is 3x the placing volume so 90M. We have done 4x that so i think we are pretty much there

Massive buy order then Shaa hmm. Either way we are being pulled around to accomodate these.

And that's why the selling is almost done because the volume has been immense. I make it about 120M too. Another £250k sell reported and filled. I would not be surprised if that we're the last. Should easy have a 20-30% day once these are cleared

Intersting to see what chunky delayed trades we have as i think they're drying up.

Becoming very cheap now.

Could we actully finish blue today. Mind should have a nice blue day tomorrow setting us up nicely for next week when the brakes are truly off

Then watch this move.

Forget ART123 motives on old news

Already covered in the interview ArT123, that's why we are drilling in auguest.You are heading for a ban mate so careful

30p on the Ask. What an opportunity.

That's why drilling is in August

ART123 you are like e a wet blanket. Why dont you grow some man.

30p is a lot cheaper than 40p plus which will be paid this month

Exactly.

Very little value has been added with such a small market cap.

You know it Eyeguy

Often two red days are followed by a big blue day and with cicrca 25% of the company traded in the 30s we are merely consolidating as we re-rate to a new MCap. This is now very cheap at 30p

Always going to be profit takers but COPL is now a new beast with a resource other oilers only dream of. Patience just to pass some profit taking. Seems silly to sell at 30p. Worth should be in the £100s of millions right now with oil over $80 and royalities at 12.5% only which is some of the lowest in the world and safest economy

£54M was paid with oil at $39. It's double that now and potentially set to go $100 plus.

The frontier one sands constitutes 37k acres and hosts over a billion barrels alone.