Member Info for bonum

Excellent overall!

Atb all

That's why I'm here and building up a much larger holding level, i anticipation of significant capital growth off the back of the establishment of strong platform for such.

" I am more confident than ever that our Group is ready and able to take advantage of the ENORMOUS market opportunity available to us."

"The Group now has the platform and processes in place from which to scale the operations and investment in the teams, infrastructure and portfolio of products has continued. While these initiatives will take time to deliver an acceleration in growth, the Board is confident in the long-term outlook for the Group."

HERON!

Yes, MATD have ALREADY struck oil 'pretty much' - and apparently with better geological atriibutes than expectee.

Why do we think Mike Buck was "delighted" with the Heron results.

Many 'doom & gloom' merchants would already have bought in on the drop - others left bemused on the sidelines, having relinquished their holdings at a silly knock down price!!

Now we await further updates.

Atb all & have a peaceful day

Buyers coming back in.....as expected!

Screen off & out to enjoy the day and until the Heron confirmation.

Atb all

Looked at Buying - couldn't get it!

Some will be realizing MATD have pretty much hit OIL at Heron, hence why Mike Buck was commented on being "DELIGHTED" with the result - others here will be rushing like lemmings perhaps, having overlooked that very important point.

Atb & have a day of clarity ;)

....near enough, so enjoy the day!

MATD is 'almost' confirmed to be an OIL PRODUCER!

Switch off and let it progress as it needs to - ignoring the 'noise' in the meantime.

Atb & have a peaceful day

Red Deer as expected with the low COS - Heron initial shows, similar to the adjaxent commerial wells and the one Mike Buck is 'delighted' with!

We pretty much only need confirmation through further testing, of the extent of Heron resources.

That's good enough for revenue generation and price appreciation going forward and beyond any expectations on other activities - once these are all resolved and out of the picture.

Atb all & have a lovely day

Farm in or alternative avenues to the end goal - as long as they get a well drilled as opposed to no well at all, that'll be a result for shareholders........including those members of the BoD, who have taken a significant amount of shares in lieu of salary (albeit generous salaries).

Atb & lets see how we progress to drilling

It shows how vulnerable key oil supplies can be.

https://finanz.dk/oil-explodes-20-higher-biggest-jump-on-record/

Have a few oilers, including ECO, so looking for them all to do well today.

Atb all

https://finanz.dk/oil-explodes-20-higher-biggest-jump-on-record/

https://finanz.dk/oil-explodes-20-higher-biggest-jump-on-record/

Good day for oil stocks - moreso one like MATD with the raft of news due and off Fridays move back into Buying from those on the sidelines.

Atb & have a good day

Thanks for the clarification.

Atb

Let's see if this receives any reply;

Hello Ms. Hume,

Thank you for your reply and we fully appreciate your role in communicating relevant investor information, to the wider comminity of shareholders.

Just to clarify some points if we may;

Firstly, you mention that they're close to completing the things needed to move forward. Have the company received any specific feedback that would suggest such an outcome and beyond the ongoing expectations to date?

Secondly, are you still operating within your current position as head of Investor relations or within the role of CEO, as your previous communication was signed off as.

Thank you as always for your continued efforts for the wider investment community.

Regards,

(Apologies for the grammer in the first email - it was actually correct and to the point when sent, but somewhat convoluted in posting here, due to editing out personal info).

Atb & have a peaceful day

Cathy Hume signed herself off as CEO, rather than investor relations. I've seen other companies where the head of Investor relations takes over the position of CEO (namely MMX, one of my bigger holdings), but I'm assuming this is more likely a 'cut & paste' error, Arthur Millholland actually penning the reply and forwarding it to Cathy Hume.

Regardless, the content is as stated.

Atb & have a good day all

We've had a multitude of alleged emails & private communications from the company to ' select' posters on this BB, often communicated to the wider community in ways that seemed to facillitate the motives of those individuals. I decided to contact the company myself and here's both the initial enquiry & response I received.

Please note, all such communications can be easily fabricated as can Twitter feeds, hence caution is always advised on such feedback. However, this is the complete transcript, with no effort made to try to imply any 'secret' info protected by any sort of supposed 'special relationship'.

Sent:

Dear Ms Hume,

We have a significant investment in Canadian Overseas Petroleum Ltd and as part of the larger investment private investor holding the stock.

We are relatively new to this particular shareholding but are fairly experienced with the sector itself with other previous and current investments.

It is with some concern that we note the trading patterns of late, suggesting some significantly large offloading of stock and moreso after the recent placing, that was indicated to cover general administration expenses and to bridge the gap towards the requisite permissions being sought.

Please would you clarify the progress on the current beauracratic processes and the timeframes for such to be completed?

Could you also shed light on whether the company itself is indeed in a position to continue trading as a going concern or whether there are real & tangable concerns for its nearer term future.

As an investor in the company, I am sure you can appreciate our concern at this time and any reassurance or information you can provide on the above.

Thank you in advance for any such feedback.

Regards,

 Reply:

Dear Mr. ............:

Thank you for your email and questions on COPL. We are unable to discuss government processes and goings-on in Nigeria. Like in any country where permission is needed to get this and that done, one cannot predict when approvals will come. It’s not in COPL’s control.

Your question about the viability is certainly a reasonable one however, it appears that they are close to completing the things needed to move forward, like the bond, govt consent, etc.

They have no key creditors just some payables that are late. I hope this helps somewhat.

Kind Regards,

Cathy Hume
Chief Executive Officer
E: cathy@chfir.com
T: 416-868-1079 x 231

"..........do you think this SP will 10bag4christmas?"

That's the really compelling situation here......this is one of those stocks that could indeed genuinely '10 bag', or alternatively eventually end up with at nothing.

That's why although I can't view this as a 'serious' investment, it's compelling enough for me to have some money in it and given the aforementioned Upside v downside possibilities and consistent with acceptance of those possible outcomes.

Atb all &;have a good evening

'Pretty simple really'.......have to agree with you on that and why I'd certainly like to significantly increase my holding, well before we move into actual operations - accepting usual caveats etc!

Atb & have a simply wonderful day