Member Info for Bmdjf

It’s seems the market makers think the company’s worthless

No money to develop the assets

Lth will be better taking there chances with admin and hopefully someone can takeover

The assets must be worth near on a billion imo

The lender pulling the rug could be a blessing in disguise

We may see the true value of the assets and hopefully a decent outcome

More dilution bond conversions would wipe out any equity left in the assets

Day light robbery

Tbh they would keep the shares wait for the big buyout

The company cannot survive with a value this low it has been put out of business

There’s no means to raise finance at an so if ,35 we should be at least 30.00 to raise the required amount for the new drills etc.

Any placing bond conversations to the value of 2mill would effectively take 66% of the company for price of 2 mill

That’ll be when the bod decide to sell

I agree come on Copl get the lot sold shut up shop it’s been milked long enough.

Hopefully there’s enough to get the lth money back

The company seems to be corrupt along with the market tbh

Creditor protection is the only positive I can see at least we will have someone on the shareholders side

We may get some of our money back if we get a fair price for the assets

Tbh I’d prefer it to go into receivership we’re being anilated by the market bonds

The project has become to big for copl

It’s time to pass it on to a larger company with capital to develop the discovery. Copl should take there profits

We could do with a 1000% rise to back to normal

750 mill I forgot about the carbon capture potential 🤌

Anybody got any valuations if we have to sell the lot as a going concern

Debt 20 mill bonds 40 mill s lender

I’m going for 600 mill

Holding the assets are where the money is

Are we being lined up for a massive bond dilution.

If art owns any of the bonds would this be the reason for the bad decisions with in the company and has he broken any laws

Let’s hope the gas injection pressure keeps rising and we get back to 2700bpd

Then a buyer comes along with a few bob to take the lot

31000 for the month reported yesterday

Still producing just need to up the anti and were in profit

Chance to average down

This could all be resolved in a month if production increases hopefully it’s just a slow injection rate, time to up the gas injection. The lender and bond holders will have to wait like us all

Only option is to pump up the gas

See what the new year brings

The only problem here is the low valuation of the company why have they decimated the value there’s always more buys than sells

If we were say 20 million mcap more like 200.

No company can survive in a market like this