Member Info for Bladderman

Come on MMs sort it out drop the 0.30p bid we need some volume!!

Excellent posts Jiving - thanks

That would put the cat amongst the pigeons.

And I have a funny feeling we're going too as well

Patience Oil Beast. That's how we'll all do very well from these levels. Just doesn't seen to make sense to sell below 0.3p. MMs trying to frustrate people into selling so they can sell them back next week a lot higher. This is the buy zone IMO. Would like to see 0.3p on the Ask but that might not happen. For not a lot over £10M we have a lot of bang for our buck as it were! The fundamentals tell us all we need to know. When the US and Canadian markets are back from breaks next week this should start building big momentum

Let's flush out the dead wood and bed wetters. AM is building a serious O&G company and this is the start of the re-build. Ready to take advantage of the MMs early morning raid/ pis*s take

?Free carry on an appraisal well to be drilled in a shallow water, prolific hydrocarbon rich basin.
?£25M spent on Geology and seismics thus far
Target well geology parameter: 1000 md (1 Darcy) indicative of a very high quality Nigerian shallow water reservoir
?Essar multimillion ££ operator
1- 2.1 billion barrel resource (up to 15% net to COPL)
?Multiple well development planned
?Cashed up: £1M cash raised by an Investor at 0.3p with a £2M debt facility plus £200k from YA
?Exciting Mozambique license and progress
?Targeting new discounted assets in COVID situation
?License extension contracts due next week with CEO confirmed progression.

Trading at highs of 0.48p last week now priced all for well under £12M with 3910M shares

I agree with your recommendation Russell. Strong buy ( Ask going up and L2 switch). Have we already seen the last of the stock under 0.3p??

Filling that order nicely. Yesterday we had the 44M trade printed around 10ish if I recall. Could be the same today (i think it'll be 30-40M order). Looking like today could be uplift time setting us up for a very tasty Monday indeed!

Yes Shaa but with a rising bid. MMs trying to encourage folk to sell which is always a positive sign!

Panabob - agreed. Once absorbed and orders filled then we are off. Looking at the movement thus far suggests to me that we are getting very close to completion

The Ask is increasing so perhaps JBER don't have that many left hmmm

No doubt forward selling. There may be only 200M left on Monday or £250k which is nothing on a £30M company especially f we have another high vol day like Wed when 1 billion was traded. Any positive updates and we're into the 0.3s.

Not if but when...

Is today the day for lift off or will it be Monday?? Exciting now. Once the JBER order is filled are we off??

The market is ready for COPLs move and the heard will take us into the 0.4s for starters as the free float is chased up. We anticpate positive OPL 266 news next week anyway so coming together nicely- akin to a home cooked chilli dish, the cumin is there but the chilli heat is about to be cranked up 3 fold!! Bring it on!

' A permeability of 1000 md (1 Darcy) is extremely encouraging though, this indicates a very high quality reservoir.'

Lovely

'Speaking of the CSE, today I believe that we are looking almost as good as we have looked in years'

Fantastic - thanks

JBER just moved up two notches. They may be close to filling their order??

The brakes can come off at any given moment especialy now we have traded over a billion already this week. From the quarterly report the text confirmed that 0.3p is the new base. I think.is all quite exiting really because we must be close now. Clearly JBER are filling an order then bam

Prior to the placement folk we're buying with huge funding uncertainty. We now know that in the immediate term we are sorted and underpinned at 0.3p. Therefore we consider buying into this journey at £11.7M MCap with a free carry on an appraisal well with 1Bbo and anything up to 2.1Bbo with anticipated news flow as pretty justifiable lol.

I day closer to brakes off!

I've added more today so I'm happy. Better now than at 0.4p plus!

Disappointing but no bother as another 200M (194M) cleared today so 1050M already this week. Clearly another order being filled. When this stock pops it will go some. The orders won't be for less than 0.3p as we have seen. Anything below that is just PIs and ready bought into