Member Info for Bladderman

£200k's worth from yesterday. Let the Mms sort their books. JBER now a buyer.....

We have access to loads of cash if we need it
Production circa 1,700bopd and a Jv and RBL.to look forward to.

PATIENCE

After 26M volume in two days presently JBER is now a buyer. Warrants flushed??

JBER IS NOW a buyer..... as of 15:25

yes gastric lol

share exchange

Once the **************....

Once the ************** is complete after yesterday's announcement this is going to start shifting through the gears IMO. Already beginning to bounce

If we didn't have the JV would could stimulated each 100bopd to 400 bopd. so there's 1,200 bopd right there. However, I'd imagine the partner wants to nail the nuts off CC and we're at £17M - seriously

Disgusting

50% is very attractive to traders so we won't be here very long

Blue finish lol

Extremely Matt - hopefully only temporary

Markets and WTI moving back up from $64 low. Currently $69....

This is now very cheap. Back to 1,700 bood with means to get it to 4,500 bopd without a JV. Although according to the RNS like the RBL, the JV will 'conclude'. They want our oil 'Wyoming assets' oil

The intention of this Convertible Financing is to sufficiently fund COPL for production growth, while allowing management to optimally conclude their RBL and JV negotiations.

Allowing management to OPTIMALLY CONCLUDE their RBL and JV negotiations.

The aforementioned changes improve COPL's capital structure profile benefiting current RBL negotiations.

Now with up to an accessible $20M of funding - that is some confidence in the asset

Observation: 12M traded thus far which is 12x Fridays volume.

SP still not budged but money to get production right and a huge show of confidence in the COPL model and ambition. Wonder if we will now do all 6 CC recompletions or is that part of the JV?? Who knows. This is not a failing company. RBL and JV hopefully sorted before the end of April, both in the knowledge that we have a sound financial future independent of these items. Next we have the financial and operations update at the end of March...

I'd like to see both the RBL and JV sorted before the end of April - I think that is a reasonable timetable

Unfortunately us PIs aren't very patient and want news all the time but we know this is brewing in the background

Absolutely Panamabob. The ball is in their court now - although they approached us. They completed their DD so is going through their internals. They know what we have now and CC flows unstimulated. It's binary now

'The Lender granted this Waiver in response to the good progress in securing funding with the main bondholder for the July 2022 Bonds offering'.

' A full operating update will be published at the end of March along with the publication of the Company's Annual Financial Statements and Management Discussion and Analysis and Annual Information Form. '

What we know...
JV announcement anytime and RBL anticipated in the coming weeks.

I agree SMISH. However, I then look at GDR so was that at 10p now 43p this year. These shares can turnaround.