Member Info for bonum

We know an RNS from the Company can drop any time now - not sure whether any of those trades mean anything more - but good to know that it wont be long for another Update.

Atb & have a good evening all

I love it when they're announce out of the blue!

Many of us anricipate the deal being concluded soon but obviously need the aforementionef RNS for confirmation.

It's good to know they're actively negotiating with multiple Parties.

If/when a deal is concluded, it'll certainly be a big gap up on Open, but in the meantime those of us who are currently Holding, can pretty much relax until the outcome of said negotiations / move to Drilling.

Transient moves aren't particularly noteworthy or relevant, especially given the anticipation of the Upside in the aforementioned circumstances and even moreso in the event of an Oil find.

Atb

When this moves, it has a massive Momentum behind it, so I'd be pretty confident of that 5p being well passed in due course - it's sitting at a stable trading range atm and just as it was before the previous Push on the price.

It shouldn't be long now for the next major Re-rate imo and based on the price catalysts we can expect veryshortly.

FARM IN! ;)

Yup!

Have a wobderful day all!

Pretty standard behaviour in the price of late, as we see a few early morning sells followed by Buying on those dips for a flat finish and in anticipation of the various Newsflow due very soon

Good stability until then.

Don't sleep - The coming few days/ weeks ;)

Everything the Company says reinforces that they ARE Drilling!

Onwards & Upwards and with some of the highest COS, targeting a world class resource.

More RNSs!

No one paid him any attention in the past and his view didn't seem to influence the price in any way - not sure why he's being headered for discussion now tbh and amidst the assortment of other commentators on the stock.

That especially so as Jimthenkow states, he's ill researched on the stock and not fully grasping the actual facts associated with such.

Have a good evening and looking forward to the days ahead.

He was saying don't Buy at 2p, lol

Oil man Jim is one random person on the web giving his opinion.

Have a good evening all

Nope!

Atb

Let's take things into context with regards to the specifics of drilling equipment and within the larger investment case.

I doubt it would materially influence (most) people as to whether they invest or not, albeit I'm sure some may make a case as to the contrary.

That's fine, but no point harrasing any individual regarding it - let's just agree to disagree.

I'm focused more on specific steps, beyond technicalities, taking us totowards DRILLING.

Just my view - have a peaceful Sunday all

That's a bold statement to make and especially from someone of Simon Potter's standing and experience.

"“I’m pretty sure we’ll find oil. It’s the volumes of oil we find that’s critical, and the extent to which they’re commercially developable.”

A very Confident CEO / BoD and good for us holders when/if commercial Oil is found!

There's certainly no need for people like Baserite & co to compose long diatribes, attempting to ridicule me rather than addressing the points made - that's just desperation!

Look at the evidence actually presented and the overwhelming case indicating immanant Liquidation, rather than fanciful scenarios that play into the hands of certain prominent RAMPERS here.

COPL haven't even presented requisite financial forms and are incurring daily fines for not doing so - some are even fancifully suggesting that proves somethings going on as Art is 'too busy' to do that - that's ridiculous!

COPL ran out of money some time ago, have not notified the market of any alternative arrangements to finance ongoing operations....and are most likely running on Credit and unable to bear any further financial expense to even submit the aforementioned File or pay the associated Fines for not doing so.

They're BROKE and about to go into Liquidation, imho.

Atb

Oilberta is correct in what he says, no matter how unpallatable it is to shareholders.

You may be well served to research Art's official statements of the past and perhaps (if you're able to) the rhetoric disemminated to various 'select'individuals, some even now prolific on this BB.

You would quickly arrive at a conclusion regarding the accuracy if his statements and underlying integrity.

Someone mentionef the previous monthly overheads of £300,000 a month for a company essentially doing nothing - doesn't that ring alarm bells??

Art has done very well from COPL and its beleaguered shareholders already.

The company can easily subsist on Credit for the the timeframe mentioned from presumed cash negative status.

The company is very likely broke and why the requisite Filings were't undertaken (direct bank payments being required) or subsequent fines paid.

Alternative loan arrangements as suggested would need to be communicated via RNS, given such a situation and as others are trying to suggest to cover up the obvious.

Ie COPL is broke and essentially running on credit for utilities, rent etc and until final official notification of Liquidation - which we can expect at any time now, imo.

Atb

LOL - is that what you're resorting to to try and discredit me??

Pathetic Suhail!

Focus on the issues pertaining to the investment.

Atb

I'll focus on the sentiments expressed by the Management regarding moving towards drilling and the money raised to achieve that end.

The intracacies of drilling, whether google derived or through experience, I'll leave to others.

However, appreciate the contribution over many months that POC has provided to this BB

Atb & have a wonderful weekend all

I don't have a problem with Manro, or any other poster here.

Gl to us all

The REAL NEWS is about progression to drilling, with RNSs to be released in short order - the Mutual Fund was just a sideshow.

As posted previously, I did sell out of SXX to try to recoup some of my losses. Fortunately, that's gone well so far but the flipside can also be everpresent, especially for those who don't have a familarity with investing beyond this sole stock.

Some from here also put money into BPC, which will hopefully make up more than those losses they state (a fully funded, 2bn barrel drill in April) - one was circa £87k and I doubt that's unique - mine was around £8k.

Hope it all goes well for all.