Member Info for Charlie1984

No problem just thought if others thought the same we could direct them to it in black and white .

The benefits of a BB if any one has missed something someone will hopefully answer their question with some direction as to where to find it.

Please, please, please guy watch the videos and RNS on Atomic.

The SP will open up, the SP on the Canadian exchange was up 230% Friday morning maybe more now. Now anyone that has tried checking the SP over there will know it ticks up in big increments 0.5, 1, 1.5, 2c etc and has been hovering between 0.5-1c up and down for some time. It’s trying to push into that 2.5c range that’s a crazy jump.

So opening up might be attractive to sell, however if you sell you might not get back in.

ii will be looking to get in, everyone that sold last week will want back in.

Those looking for possible dividends

Increase production and flow rates through to full production will drive the SP up

Re financing of loan (better return as lower interest)

Really looking forward to this opening up going to be like a blood bath PIs trying to get back in

If your already in there is no need to worry sit back and relax and let you investment grown with the potential advantage of dividends that could be announced any time.

I’m Mike on Twitter if you listen to this interview Arther says and mentions:
-possible dividends 2.50sec
- Tuesday before suspension stock price didn’t reflect true value
- suspension is our friend re valuation on opening
- the asset is on a upward curve (this means SP and MC will increase with increase revenues from production and reduced cost (finance as it’s paid off)

https://m.youtube.com/watch?v=M2ozljEydpY

RNS mentions
- x5 on flooding I interpreted this from this paragraph

The Company's reservoir simulation conducted by a third-party specialist reservoir engineering firm in January of this year suggests a gross production target from the Barron Flats Unit is now 7,000 bbl./d in 18 months time due to the increase in gas injection volumes alone. This equates to a five-fold uplift on current production rates

Last sentence
From this RNS

https://www.lse.co.uk/rns/COPL/completion-of-atomic-acquisition-ppzcbke74ezprxx.html

Well just as well I used a much higher operating cost. This allows for a $10-15 down to $50 per barrel.

PE ratio very low x5

If it’s 10 double my figures

If it’s 15 treble them

https://twitter.com/mikec841/status/1372672866865532929?s=21

Happy to share Shaa

Muel is going to be massive

Have you seen the size of the asset ?

We also have all the licensing in place and agreed for drilling.

If you seen the US news Biden has put a hold on all new licences for drilling.

This doesn’t effect us as we have everything signed off

The more I read the RNS the more I get excited.

We will open up target now is 1.5-2.5p

If you see the big picture you will see that this has a 40 year life expectancy,

- Increasing production rates will increase the SP
- Increased wells to maintain increase production
- We thought 3 fold in eased from miscible flooding it’s now 5
- I have done figures based on much, much higher costs and 10,500 bopd with a PE ratio of 5 (usually x5 to x24 is used)

Atomic NPV approx £250m

So here goes this are low ball:

Atomic target 10,500 bopd

Now given WTI is $65 we can assume minimum $35 profits per barrel. (We know it’s a lot lower)
This is $365.6k per day
Or £315k per day at today’s exchange.
£2.2m per week
Using 360 days per year
(was kindly informed it’s not 365 for calculation)
£113,626,800

Now using a minimum PE ration of x5 for MC
(Usual PE of between x5 and x 24)

That’s £568m

Assuming 14 billion shares and the close of 0.38 = £50m ruffly MC (as of close)

£568/ 50 = 11.36 bags

0.38 x 11.36= 4.3p target price

Given the PE ratio due to the reserves having a 40 year life this could be a lot higher

The figure of $35 per barrel profit allows for cost of $30 (excessive) but gives a reasonable figure to allow for a lot of fluctuations, calculation could jump up a lot.

WTI $65 per barrel this could settle a lot higher say -$70-75 per barrel addicting to that figure.

USD to pound currently nearing the $1.4 to £1 but has been as low as $1.19 within a reasonable range. Strengthening $ also leads to increased calculation.

Nigerian Licence instant add 1p value

I might be way off but a reasonable estimate of forecasted SP of 5-10p is achievable.

I really feel for those that sold out last week, those that listened to the de-rampers, those that told you this deal would get done. Those that sold and missed out on so much.

In life sometimes we need to do research and follow our own instinct.

Picked up another £25k worth the other day.

I few even doubted me told me I had changed my tune, but what do they know!

I’m not here to mislead or give advise although I will give my opinion as is a BB. What you chose to do with that it your choice.

I have been honest and posted my research and views. Hopefully some managed to digest that and make their own conclusion and are currently still holding.

Fantastic opportunity, if your not holding you haven’t missed out, this share will continue to give and will be very exciting going forward IMO.

Now primed for those big ii to move in GLA

BoooooM

Mention of possible dividend as well excellent

Nothing to worry about will remain in your isa I am in the same situation.

What I don’t understand is everything is very clear in the past RNS on Atomic.

The company has put facts and figures in to a presentation.
You can take this NPV figures and easily calculated the revised NPV based on current WTI prices, difference approx $30 per barrel.

The latest placing £13 million. Again read the bloody RNSs. The funds will be used for miscible flooding this requires gas etc which will dramatically increase flow rates - again this is scheduled to start 1st April.

If you read a book you understand the story, if you allow others to relay a story to you understand Chinese whispers which are always far away from the actual fact.

Those that have read the RNS and researched this company aren’t flapping, they are relaxed and excited.

De-rampers are just lonely key board warriors that love the attention, don’t rise to them.

You have made a choice to hold, don’t doubt yourself and for god sake don’t listen to these idiots.

I mentioned earlier.

- Atomic Deal completed
- NPV £250m ish
- 1st April miscible flooding to start and dramatically increase flow rates and revenue
- Revised MC based on Atomic Deal, annual revenue, forecasted revenue, PE ratio used usually between x5 and x24
- On listing the market needs the revised MC based on above to give a true valuation on listing
- increased MC
- listed at that MC
- RNS notifications of milestones and targets for flow rates to be issued

- Nigerian updates might land might not
- Additional ownership of Atomic from partners
- So many additional extras can drop

YOU WILL NOT SELL YOUR SHARES LOWER THAN THIS SP TODAY, WHAT YOU MIGHT DO IS SELL AT MULTIPLES OF IT ON COMPLETION OF THIS DEAL.

Can I predict the SP no but I have made provisions based on calculations in numerous posts and can make a calculated guess.

I am happy I loaded up again today, I am happy to hold but more importantly I am excited to be part of the next chapter and what that brings with it GLA

Now given the shares to the owner cannt be issued for the $4m or £2.8m at currently SP (we are suspended) they could well be issued when we start trading on the main market at a higher SP Art might have pulled an absolute blinder as the 5 day WAP would be a lot higher given this situation (if it’s correct)

Looking for delayed large trades.

See you all on the main market GLA

Joe he calculations and forecasted outputs have been previously shared in RNSs they are also on the companies website.
As noted these figures for Atomic where from October 2020 when WTI was $30per barrel cheaper so they drastically increase.

Have you read the previous RNS with NPV figures for oil WTI at $35 per barrel now use them and recalculate at $65 per barrel that’s getting you to approx £250m NPV
A market cap then uses PE ratios of between x5 - x24.

Given that the extraction rates will be increased dramatically (as per RNSs) on the 1st April using miscible flooding the calculation for the revised MC will be a lot higher.

On re admission to the main market they need to justify the MC the above is how they will do it.

Hope this helps.

The RNS today will be risk management investment companies don’t like holding stock they have no control over. Nothing to worry about IMO.

Atomic deal done, increased production, revised earnings and with that MC, listed on main market at MC value.

Will now be thinking FFS if they held would have got a massive rerate lol

As it’s a suspension to re-list I’m hoping there is a given e we indie as you say.

However, the statement cannt hold suspended shares in your ISA is correct.
Would ask the question to your broker.

Hypothetically speaking if the delisted at 0.4p to resist at 4p are you subject to tax as this would be the list price once they were in you trading account if they where moved from your ISA ?

Did Art say no suspension?

I thought Art said were possible he would try and avoid it, just for clarification I might be wrong,

However, the market regulator makes the rules on RTO

Buy and hold it’s coming:

As per previous RNS dramatic increase in injecting gas volumes commencing 1st April

So not only will

A) Atomic Deal be completed

B) Listed on Main Market we will also have

C) Dramatic increased production,

Biggest re-rate oiler this year right here!

I have done bumptious calculations or NPV figures. Now this figures will be used with a PO ratio usually between x5 and x24

Don’t think I need to say anything more, sure you can work out what I’m saying! BoooooooooM

https://twitter.com/mikec841/status/1371830109620043787?s=21