Member Info for Charlie1984

You might have seen a few posts by myself and Doug

A market cap will be agreed using

Projected / forecasted bopd x 360 x profit per barrel x PE ratio

That’s what we are trying to nail down

Unknown is what bopd they will use and what PE ratio

Doug taken the average from the US as PE 16.98

Do some calculations from 2,500 - 5,000 bopd this should give a ruff idea

There is the addition of audits and prospectus as well I think we can safely say 1.5-3p is a good bench mark rising quickly into double figures in 12-18months

Evening Doug -

Unsure what your ‘..we have gone from x3 to x5..’ was referring to,
Sorry wasn’t to descriptive on this x3 to x5 if the achievable returns on using miscible flooding.

PE ratio as you know range from 5 to 24 as I was u sure used the lower end but quite frankly would take your PE ratio any day if the week.

I also used 5,000 bopd to using a forecasted extraction rate. Due to the company looking to increase up to 10,500+ the 5k was used was slightly less than 50% but achievable in the first year. That fact that we have a 40 year life I would have hoped that at least 5,000 would be used as a forecast or projection.

Personally I think a few will get a shock.

It’s easy for PIs to come on here and contradict what we post by simply saying you’d wrong, however I am willing to listen to them if the have substance to back up theirs posts.

Wry interesting though the higher PE ratio and target of 10,500 per day within 18 months.

It will be interesting what’s is achieved using miscible flooding in the first 3/4 weeks.

Targeted SP at 10,500

10,500 x 360 x $45

Sum x PE16.98

Life changing - question is will this be achieved sooner than the 18 month target, I believe 18 months is conservative could pull in a lot lot more.

Some interesting lists regarding Nigeria licensing, would be nice to have some icing on this growing cake

Resisting = re-listing

But cannt move stock why suspended

You can still get an isa you will have this years tax allowance so could load it up with funds before April.
On resisting buy stock in your isa and sell in your trading account.
Then transfer the funds into your ISA buy then sell your remaining holding in trading account.
Most share companies can do this for you but if you don’t want to lose this years allowance load it up now

Not a load of tosh is it ? as if you take the 2.2p I got for 5k bopd at a PE ratio 5 and use his comparison of PE of 14 you get 6.6p

Calculations have been used since the beginning of time whether it’s maths, science, physics, space etc it can be used to predict future value or unknown values.

Using known inputs Pis with use of a formula are able to calculate an output - in our case a possible future SP.

At least a calculation can back up a prediction.

If you do not agree with our calculations can you please show your calculations on this board, this will also back up you tosh comment and demonstrate to others where everyone else is going wrong

Evan - excuse me I don’t think I made my previous post clear enough.

“Market Cap = Projected or forecasted annual income x PE ration.

Look at my posting history

5,000bopd x profit x 360 days x PE ratio (x5 to x24)”

5,000bodp would be the projected or forecasted bopd. This figure was used as the end target in 18months in 10,500+ this using less than 50% for the first year.

What is scary is the loons that think Atomic NPV is £250m
So we should open up at say a 3rd - MC of £83.3m about 0.6-0.8p

You don’t know how to calculate a MC you cannt show a breakdown or workings on your calculations so stop posting pish.

Market Cap = Projected or forecasted annual income x PE ration.

Look at my posting history

5,000bopd x profit x 360 days x PE ratio (x5 to x24)

I used 5k barrels a reasonable profit margin and PE of x5

Go and work this out for yourself

Forecasted annual revenue

? Bopd
X ? Profit (WTI $65 costs $17 that’s $48 profit)
X 360 days
X a PE ration between 5-24

If you can do simple maths Doug crazy predictions are t crazy. If miscible flooding highs aren’t far away and especially if it’s agreed a high PE ratio can be used due to the 40 year life expectancy.

£50 MC of COPL @ close also includes £13m cash in the bank for working capital

And Canada if not reflecting the Atomic Deal, this is not possible as the figures haven’t been given to the market in the prospectus!!!! STOP looking over the water for guidance!!!!

Dough we have already moved from x3 fold to x5 fold.

I think there will be even more, WTI flows very well under pressure.
Previously stated miscible flooding is normally used on heavy crude or on older reservoir which are depleted.

“ Miscible CO2-EOR employs supercritical CO2 to displace oil from a depleted oil reservoir. CO2 improve oil recovery by dissolving in, swelling, and reducing the oil viscosity. Hydrocarbon gases (natural gas and flue gas) used for miscible oil displacement in some large reservoirs.”

Given that we have the latter a very large field and more or less untouched with a targeted 40 year life and sweet crude I would expect the viscosity to be low. Once the muscle flooding is used I am expecting a big jump.
Arthur - we have run done figures through the simulator, myself a s the time are very impressed and figures quoted should be easily achieved if not easily surpassed.

Rather over perform than underperforming. So this is true of your post Doug. They might not have sat up previously and taken note. They might not take note this week or next month but they will take note when those figures are in black and white in the prospectus.

What better was to grad pis and ii attention than to grab the headlines COPL opens up 500-1000 on relishing in the main market following the acquisition of Atomic. Price of the stock continued to climb as the company is using to increase flow rates, previously forecasted flow rates were achieved in the first month of miscible flooding.
AM - tells the market that they new the figures would be good it’s was always just a question of how good.

Expect a few more TR-1 this share is only going North

MC will not be based on the value of ATOMIC.

MC is based on annual earnings x PE ratio

10% drop that $6.20c cannt see that

Live prices here and showing slightly up
https://www.dailyfx.com/crude-oil

Main market list on 4th Tuesday May 21, after the bank holiday weekend is my take

There was a group of shorters trading this share up to and into the close.

Given that we know the TR-1 seller was selling down they may well have been selling / short stock at the same time hoping to drop the SP.

Given this went on continually especially when the placing was done to raise funds (last one being the £13m) they were hoping this would drop to close.

We continued to rise on sentiment and regardless of sells continued to maintain the rise, regardless of the selling.

Imo this same group are the ones trying to instil doubt, did they believe Art was not capable of delivering the Atomic deal, which would have dropped the SP and allowed them to cash in?

Have they got this wrong and still have shorts open?

0.38p close if we open up 1.5-2p + that’s a big burn.

Maybe this is why these posters are trying to cause disruption as it’s about damage limitation.

They want PIs to sell on open they want the SP lower to close.

Just consider a short squeeze and all these shorters if that is the case then take their posts with a pinch of salt.

A few even claimed it was Atomic owners (absolute BS) they would put at risk the deal and potentially investigation by the FSA for breaking rules.

My money is on shorters those shorters now working together to try and get PIs to sell on open.

There is no other justification for the level of negativity on a suspended share by pis that don’t hold!

Problem with this board is most don’t understand what’s going on.

I have quoted parts of videos and RNS and PIs question it or ask where to find it.

I don’t mind directing you but you really need to read RNS and listen to podcasts or videos to gauge and understanding.

It is correct that 90% of companies that get suspend de-list and don’t come back.
However, they were in that position due to financial difficulties etc
We are suspended to de-list to re-list there is a big difference.
Your holding will remain as is, you valuation will increase in opening and you will be able to trade. If you hold in an ISA your shares will / should remain.

RTO requires a suspension.

An increase MC due to the RTO is the reason the company is de-listing to resist, this is why your investment will be worth more on opening than the figure it closed at.

The dividend was mentioned in the same sentence as refinance to get a better deal and ultimately pay it off quicker.

Joke of not. Let’s not forget Art has a very large holding so a dividend would suit him (as well as the rest of us).

However, I would prefer a share buy back to reduce the shares in issue. That’s way we see an increase in SP and reduction in shares. This stops PIs jumping in just for a dividend.

Getting the share in issue down would also make it easier and more attractive to a TO or buy out.

I think we need to be pleased that Atomic is finalised, we are cash gerenative and we are moving forward.

MC has increased dramatically and the light of the end of the tune for many LTH has arrived.

If div happens if it doesn’t does it really matter when you think where this company has come from and what it has achieved since Atomic “possibility” was RNSed Nov/Dec 2020.

Most sat watching there investment slowly erode away waiting for Nigeria or waiting on a miracle.

Well guess what you got your miracle, many laughed in disbelief, many doubted but Art has delivered now stop the bickering and be grateful!

Sparkz that wasn’t aimed at you I was adding to your thoughts.
The BS posted on the BB is rediculous.

It’s funny sparkz Arthur mentions possible dividends and some posters now even claiming this is false it won’t happen the same may I add that said atomic wouldn’t happen

There could well be another Atomic but we got it cheap due to financial difficulties of a oil price war and covid-19 global pandemic.

Cannt imagine we would ever see this kind of opportunity at the same price ever in our life time.

That’s why the hatters that sold are hurting and spouting BS on here.

Now talk of turning his back on LSE give your head a shake for god sake.

Same PIs Atomic deal not happening
Same PI getting suspended and delisted - you lose your money
Same PIs Art turning his back on LSE
Same PIs your figures are wrong you will be lucky to see 1.2p

You guys are an embarrassment!

Go look in the mirror and tell yourself you made a mistake. Look at the fundamentals and figure out when your going to get back in, if your not bye bye !

Looks like PIs holding have had the last laugh, unfortunately for you it’s at you not with you !

It’s clear a few have turned up trying to be negative as they have missed the initial re-rate on Atomic.

Believe me this will open up a minimum of 200% up what ever they say or do will not effect that.

However, trying to calculate the SP on open and what it will go to isn’t difficult. What is difficult if picking the correct figures.

Take this in to account

What will be the recovery rate per day on open bopd

If we say 5,000

What is the oil price WTI

I if we say $65

What are the costs

Let’s over estimate them $25 per barrel

Very simple $65 - $25 = $40 per barrel profit

5,000 bopd x $40 = $200k per day profit

Calculation are run for 360 days not 365

360 days x $200k = $72m

$72 m in £ = £60m annual revenue approx

Now given the MC is a calculation of annual revenue X PE ratio

PE ratios are used from x5 to x24
(this we don’t know could be high as we have a 40 year life)

So to stop any de-ramping we use a PE ratio of x5

Annual revenue of constant at 5,000 bopd

£60m x PE 5 = £ 300m MC

14 billion shares in issue MC of £50m on close @0.38p

£300m / £50m gives you a factor or 6

Closing SP 0.38 x 6 = 2.28p target opening price

Thinks that might effect this is if the company use an increasing factor of growth say x 1.4-1.8 to factor in the increasing output in bopd using miscible flooding we know they are targeting 10,500 +

The PE ratio is a lot higher as we are using the lowest end, if it was for argument sake a PE of 10 or 15 double or treble that target opening price.

Few a little p!553d they sold or missed this one, however guys don’t embarrass yourselves.

There are also a few PIs that are overly sceptical and maybe do t want to count their chickens before they hatch but what I will say is what I am reading is BS most of the time.
These guys cannt even factor in and I fence to support their posts clearly just disgruntled and disjointed.

GLA

Production for the next 40 years and Nigeria a minimum of 6,000bopd to kick that off that adds 55-58% to our oil production

Between the two assets looking at a minimum of Atomic going to 10,500 and Nigeria 6,000 that’s 16,500 bopd figures look excellent.

Just make sure you look at the whole picture and are happy with whatever you decide to do at the end of the day it’s your choice just make sure your happy with it and can live with the decisions should it jump up dramatically in the next 12-18 months

Presently surprised that all those de-rampers that sowed the seed of doubt and ultimately a deciding factor for many to panic sell have left the building.

Atomic Deal - done

Increased and revised figures - issued in RNS

Increased production from x3 to x5 - issued in RNS

Possible dividends - spoken about in interview

Re-rate on open - spoken about in interview

Hopefully these idiots won’t be back but u fortunately they will they have brass necks and will want back in at your expense.

Hold you positions and good luck guys you deserve this !