Member Info for bonum

I also prefer following the lead of the CFO, whose understanding of the business accounts, current Contract negotiations and potential going forward (as well as initiatives to be implemented), is significantly greater than any random posters here.

Atb all

I think the group via the CFO, will be looking to initiate liason with Institutions / Funds, in order to bring the investment opportunity YU. presents, more to the fore.

That would be consistent with their efforts to help the recovery of the share price back to levels we reasonably expect it to be at.

Paul Rawson the CFO, just bought circa £54K of stock and we know Bobby Kalar, the Founder & CEO, owns the vast majority of shares.

There's very little 'free float' as we know, so the effects on the Share price is predictable, especially now we have a much Stronger foundation to sustain such price growth.

It'll be interesting to hear from the AGM what other initiatives Bobby & Co will implement, in their comitted goal to achieve more significant Shareholder value since the previous drop.

Good to be holding to see that come to fruition.

....'Staggered Buying'

It's not about being suddenly 'positive' jamie414, but about viewing the recent placing as a welcome outcome to address certain shorter term issues and to facillitate the 'unlocking' of other developments - as I posted prior to the RNS, I was looking fir it to do so and fully expected it, as did others.

I think at these levels and accepting existent risks, it's a more attractive proposition and being near enough to the placing price.

This is a very 'watched' stock and contingent on.the obvious factors being addressed, could indeed give the sort of multiple returns people are stating.

I was comfortable enough picking up stock yesterday, as part of my 'staggered buting' and wouldn't be surprised to see this move back to the pre placing price in a very short time, given the aforementioned interest in COPL and the very significant 'potential' upside.

Atb all

Barring any major issues and beyond any price on a specific day, we can reasonably expect a very significant price rise moving into drilling......from current levels.

It's not rocket science for those willing to Buy stock now and with 4 FULLY FUNDED drills, it really is an easy one to see.

Previous setbacks aside, anyone approaching this with fresh eyes can see the massive potential for returns, whilst we prepare to move into said operations.

Atb all

If Harry's 'stuck here'......then it certainly should be entertaining for a while ;)

Personally, I don't really mind his somewhat 'split personality' posting. It is what it is and most are aware of it, treating it as part of the landscape of this particular BB.

Atb all

Agree with what you say about Art Milholland but not 'necessarily' how this will turn out - let's see what actually transpires in the coming days.

Atb

I actually think this placing was arranged weeks ago and the indications were clearly there, so think the poster you're refering to hit the nail on the head with their observation.

We can speculate as to the significance of its size and what exactly 'ongoing expenses' mean, within the commercial environment COPL operate in.

When I refer to further developments being 'unlocked', you can take that how you will, within said environment, suffice to say I believe we'll start seeing things happening now.

Let's see how this transpires.

Atb

This will absolutely rocket as we approach nearer the drill date - not long now and 4 FULLY FUNDED drills.

Not rocket science to anticipate a major price correction, given we wont have any surprise placings, will all looking like its progressing very smoothly.

This BB will be very busy indeed soon enough!

Atb all

Good to have a high calibre investor like yourself, also showing an interest in the stock.

Atb

I think the share price will be at least back to where it was prior to todays Announcement and likely higher, as we await further value adding developments to be unlocked.

This stock is heavily watched and we now have the near term funding issue addressed, which many on the sidelines were looking towards clarification of.

Let's see how it progresses in the coming days but very comfortable with my purchase of stock today.

NoEasy, I think the size of the Placing may indeed be telling and as I indicated in my previous posts prior to todays news, the 'very short' term catalyst was expected to be a Placing, thus unlocking other value adding developments through whichever finance route is deemed appropriate & actionable.

The previous price action immediately post the CEO's public relations campaign, suggested a placing was being arranged, having a concerted negative impact on the price (to sub 0.10p from circa 0.12p) and despite the so called 'upbeat' nature of his pronouncements. It's also the obvious (to many of us) reason why he initiated such a PR drive at that time.

Hope that clarifies things.

Atb

Oilberta, I certainly am mistrustful of him tbh, similar to David Lenigas, Jim Mellon and their ilk - however, he also has to operate with certain parameters and I do think it's telling the size of the actual Placing, as discussed previously.

I think if something tangable wasn't on the cards in the very short term, the Placing would have been considerably larger, accepting that such was possible to arrange.

Even one of size would have needed certain 'assurances' to the parties to the Placing.

On a balance, maybe a very fortuitous entry for many around the Placing price, imo.

Atb

I'm not expecting any moves to cut costs or Director purchases and wont be moralising on it myself - I accept that Art Millholand is self serving and wouldn't expect him to act out of character to that.

I'm purely focused on what we can anticipate moving forward, the various catalysts, timeframes and corresponding effects on the Share price.

For me, I welcomed the placing today, less so to be proved right but more as we now know the business can continue running, thereby unlocking the value in the assets going forward.

The placing was a relief......now those who can identify the upside (accepting associated risks) will look to Buy, whilst others will act according to their own investment criteria.

We're near enough the Placing price, so I'm comfortable enough buying and knowing the syrong underlying interest this stock has.

Let's see how the various elements now take shape, leading to actual Operations.

Atb all

Bought up a sizeable proportion of my Staggered Buy allotment.

Only a small amount left in that, as think it's a good enough price around the Placing level, imo.

Atb all

Madchatter /Jay12, I think you make interesting points, regarding the size of the Placing and the implications of such for future developments.

Assuming he was able to arrange a larger Placing (questionable) - why didn't he?

Obviously, we're all speculating here but that may be indicative, if not unequivocally ppinting to, what we 'might' anticipate with regards to nearer term developments.

Food for thought, especially regarding my own staged buying.

This Company is being built up and primed by the CEO to be bought out, imo, so agree with the previous timeframes stated for that to happen.

The price of that......we can only imagine??

Many of us are just sitting tight on outlr shares Gatowski, as we have a good idea of the price projectiom here and all supported by tangable factors pertaining to the investment.

I'm very confident indeed of moving into double figures here and given our position is much stronger than at any previous time to support those previous levels.

Stock scarcity will be more of an issue going forward, as larger investors take & hold positions, with Dividends also paid to those Funds (and us private investors).

Current price moves are 'interesting' but will pale imo as we move forward.

Atb

...or Mannan, Jliving, Harryman?

I have no need at all for 'congratulations' NoEasy and am certainly not looking for anyone's approval or not on this BB, hence no need to be so defensive - I'll leave that to the 'social crowd'.

My interest is an 'objective' analysis of the stock, as I've consistently carried out, hence the supported conclusions arrived at.

I'm genuinely interested in the aforementioned individuals views, as sometimes factors are highlighted that are worth further consideration, albeit I'm also astute enough to seperate such from any drivel.

Now the 'impossible placing' has happened, let's see where we can see the investment going from here.