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BurrenBoy
Posted in: COPL.L
Posts: 2,291
The jv is probably art, he will get the asset for nothing now
If production does rocket to over 3000bpd that would really annoy people. They would have been deliberately holding volume back
If art gets the major assets and they then start producing 3000bpd?
Crazy
Highest bidder but only art allowed to enter
Copl have capitulated into nothing
Senior lender have won
I knew there wouldn't be another rns when Cowan resigned
Haven't I been correct though! No rns. Zero price
What happens if there's no rns and the price to sell is negative
No news because its finished. Why would they bother, everything else they havd done is illegal, why change the habit
It's bust now!
Bye Art
RIP Copl
Not if the BOD are corrupt and want assets for free. In 5 years time producing 25000bpd
Senior lender has pulled a shocker here!
I'm pretty sure you will get that amount. It's quite a small value based on mcap
They may have signed an nda that prevents them providing any further details ever on the jv
Without a ceo you won't get current production rns
Copl needed to hit at least 2000bpd and didn't, that's the problem here. Ceo said 2000bpd was needed and he fell well short.
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