Member Info for Bridgedogg1

Impatience and poor research.

If you are loosing money due to chat boards then you are just an idiot.

If you held into close yesterday unlikely you would sell today. Might be a nice bit of buying this afternoon… we will be transformed by this update?? Update reserves report which we can borrow against for major development of discovery??

Wow, Art actually showing some market awareness that we’d all be questioning where the results were. Assume he didn’t have to tell us the results would be released in Canada after hours?

Must be RS adding all those zeros to the reserves report - How many in a billion again??

https://www.dorsetecho.co.uk/news/20028875.mccolls-announces-new-morrisons-daily-shop-littlemoor-weymouth/

0.13 would be more reflective of value. Any oil exploration company with a lot of leases in Alaska and thats it. Starting 3d for drilling that needs funding in 12 months. I would value that at around £6m or so.

We've never been later before without notification and all other companies are now reporting within the regular required timetable;e.

The management report required by ¦ DTR 4.1.8 R must also give an
indication of:
(1) any important events that have occurred since the end of the
financial year unless those events are:
(a) reflected in the issuer’s profit and loss account or balance sheet;
or
(b) disclosed in the notes to the issuer’s audited financial statements;
(2) the issuer's likely future development;
(3) activities in the field of research and development;
(4) the information concerning acquisitions of own shares prescribed by
the United Kingdom provisions which implemented article 24(2) of
Directive 2012/30/EU;
(5) the existence of branches of the issuer; and
(6) in relation to the issuer's use of financial instruments and where
material for the assessment of its assets, liabilities, financial position
and profit or loss:
(a) the issuer's financial risk management objectives and policies,
including its policy for hedging each major type of forecasted
transaction for which hedge accounting is used

If the GCS is 41% do we know what the Commercial Chance of Success is? Not the same I would have thought?

Quarterly financial statements and interim MD&A2:
? Within 45 days of the end of 1st 2nd and 3rd financial quarter

Annual financial statements and annual MD&A2 (including 4th quarter and Oil and Gas Activities/Reserves report)
? Within 90 days of financial year-end

Notice of delay has to have been agreed in advance, so a 99.9% chance we get it all tomorrow. Should make some interesting reading.

Doubt there will be anything seismic, will just be nice to get a bit of news. There hasn’t been any spike in anticipation so at worst it’s business as usual until we hear about Cuda. At least we will have something new to discuss on here!

Well if you have 8 dusters and you say but yes this time... even i wouldn't invest in 88e (again) and that is saying something. I think i was in for the first 3 drills... good times

Possibly these have already been paid for so why put them on hold?

Good sign that its business as usual.

Anyone who knows more about the business assets able to shed light on how the assets could possibly packaged for sale? I assume the remaining Mccolls in Scotland could be hived off- we've only just started converting stores there.

Just released that with the changing of the clocks we are back to 2:30 Canada open!?

The sells that drop just as we gather some momentum are very frustrating. Lets push through this afternoon. Come on COPL!

3 billion more shares in issue! Well lets hope they don't decide to sell any. I dont think they will at this stage...

McColl’s confirmed it is in discussions with banks about its loans and that it has continued “to receive credit support from its key commercial partner to enable these discussions
In addition, the group has also received indications of interest for parts of the business. The board will consider all options with the aim of maximising value for all stakeholders.
Despite its working capital challenges, the company delivered two-year like-for-like sales growth of 5.9% in the 11 weeks to 13 February 2022.
Morrisons Daily stores are delivering sales growth that is at least 20% better than non-converted stores and ahead of the wider convenience market, McColl’s says In less than a year’s time, we expect over half our revenues to be delivered by this fascia, bringing branded supermarket-quality convenience to our customers.

I noticed the store conversions are still moving ahead at pace. Mccolls also continues to recruit new staff.

It would be interesting to know what these offers where for different parts of the business.

Nice buy, a few more of those please.

Are we going to have a mega pre results afternoon or a damp squib...

Either way, place your bets

Predictable drop back below 0.3p. I had feared that this would head down to 0.2p lows but seems to be holding at this level. Seems like all the positive news has been offloaded - Senala, Bibemi, Cameroon, and the market didn't care? Where next?

New 3d!!! i.e. back to the drawing board.

'The trading activity is pricing for something bad,'

So Ironhide sold out again....

Up 100% in 3 months isn't pricing in anything bad, we've been static waiting for the next material next to move us onward and upward.

We know when the blackout period ends because that's when Art buys a load more shares, just as he said he wanted to. I see Cuda confirmed shortly (once it gets on the court docket) followed by direct buys??!!?!? He's got all those lovely options now so a buy outside of that would be a great signal to the market.

Many of the stocks on my watch-list have been showing some big blue numbers of late. I'm still here and hoping. Most important for me in the near term are Feb Production figures and current financials. Both should be available this week I think?

I really hope there will be a clear strategy set out for development of the discovery that involves farming out a large chunk (40%?) in exchange for a well funded lease wide development.

We have to wait until the end of April to have Cuda confirmed but I suspect Art will know which way it has gone and the plans set out in the EOY this week could give us some major indications.

https://ca.proactiveinvestors.com/companies/news/215606/mccolls-surges-as-peel-hunt-upgrades-to-buy-in-vote-of-confidence-in-morrisons-product-branding-trials-215606.html

Peel Hunt had an 80p target on the assumption that the Morrison's Daily would turn around sales and margins. We just needed more time and if it hadn't been for covid would have money for hundreds of stores conversions by the end of the year. Morrison or a bank will surely get behind this IMO. Just need short term finance.