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Agreed Eazy, I've always thought our September production update could be a real launching pad. In the meantime I have been buying more again at these prices. So much deep value here imo.
Anyway, happy Friday all and here's to a blue finish!
Oh dear shorts, things getting a bit tight are they? Share prices dropping across the board, Marge on the verge of calling... no wonder you've got your shills out in such force! It's a tactic that hasn't worked since the mid-2000s and everyone is wise to it, so I guess you must be really desperate! I'm afraid there's nothing you can say or do here though. We have a billion barrels of oil flowing , a blockbuster production announcement a mere month away and a JV with a major oil company to top it all off. I'll be sleeping peacefully tonight knowing we're headed to the moon. How about you? :)
...is worth pointing out today. Anticipation of more rate rises, nervousness over the shaky Chinese economy etc has the market bleeding everywhere today and COPL is subject to the same market conditions as every other company. It's meaningless in the long term and doesn't change any of the fundamentals. COPL is still very much a company on the up, we still have the oil, the September production numbers have always been the expected catalyst and the JV could come at any time. IMHO that makes a dip like today's nothing but an opportunity to increase my position at a bargain price!
Bought some more yesterday, feels like shopping at Aldi with these bargains. The more I thought about the RNS yesterday the more positive I felt. We have a lot of very smart, industry and company knowledgeable posters on here and it occurred to me that everything they've said we should expect has happened. The GGS coming online in July, an indicative increase in production, JV LOI - all evidence of a company back on it's way up. About the only thing you peeps didn't predict was that we'd get GGS in under budget haha! This all gives me great confidence that our anticipated boost in September from the August production numbers could well be the launching pad for this rocketship. Until then I will quite happily see us trade sideways and continue to increase my position!
Side note (because you know I love it): desperate shill post of the month has to go to that fella yesterday who said that investors celebrating positive news from the company they're invested in, on a bulletin board for said company, was a clear sign that the board was only rampers and therefore the company was a dog. That level of mental gymnastics is worthy of the Olympics! Had me chuckling all day!
...on time and under budget as well. Production up, prices up, money flowing in and JV on the way. Yeah baby! Can't wait to see how the shills try to spin this one lol.
Nice start to friday, decent buying levels. I wonder if we'll see the fomo charge this afternoon that we did last week. Feels like a powder keg - one spark of good news and next week and boom, off we go. GLA and happy Friday!
I get that people want news but I think we need to chill out some. The majority of us know that it's the September update that is likely to light the engines, not this month (as we were bringing the equipment online in July). The fact that we've risen so much without news can only be a good sign. Any delay to expected production announcements this month would also signal that something bigger is in the works. So it's all good folks. Just relax and enjoy your last chance to get in at these levels. The SP will be rocketing in autumn!
Morning folks, I see the shorts and their shills are out early this morning. Apparently a billion barrels of oil, a JV and a game changing CC program are all worthless - that has to be the funniest, most desperate punchline yet! Keep 'em coming boys, you make my day!
Rough ride for the whole market yesterday but COPL held out very well. More blue days in offing and good news still to come! GLA!
The shorts are showing their desperation again - a whole new batch of shills appear today after the previous ones got fired for failing to bring the price down after spamming social media all weekend. You boys just never learn, but no matter, it gives the rest of us some good comedy value!
Agreed Edge, my calculations have it around 40p per share as well, with potential for 60 and up next year if all goes well. Still loads of value to be had at these prices!
Thanks as always to the epic shouston, tirelessly bringing us the numbers!
Morning all and here's to another beautiful blue week! Feels like the word is getting out on how undervalued COPL is and more and more investors want a piece of (what sure feels like) this once in a lifetime stock. GLA!