Member Info for Charlie1984

Clearly don’t understand the interview.

Art did clearly state Initial Debt-Financed Payment: $8 million for 15% of Atomic's Working Interest in all of its leasehold on or before December 31, 2020 (as taken from the RNS)

However, I’m sure you have taken the time to listen to theProactive Investors interview?

If you have then you know your question is irrelevant as he talks about finance and going after the 100%. He also clearly states that the $8m now doesn’t need playing.

That RNS would have went to the Nomad before publishing, this change was then discussed in the interview mentioned above.

Just a quick one, why you bothered anyway you told everyone how you sold out yesterday at 0.28p

Just to quote your post and for the reference of others, LB28 only yesterday :

“ Just make sure you learn with this share. Taken me a long time, but i just traded a load and sold at 0.28p. If you can't beat em join em :)”

The new video is posted the 16th December. I didn’t listen to the video in it entirety but what I did listen to it is similar to the proactive investors interview he done at the same time of December.
I’m guessing Proactive covers the UK markets and this guy was covering the Canadian.

Nothing has changed since yesterday expecting it to push up towards and into the 0.3p range.

Regardless of what happens at Atomic we own 15% this is a given, due to the aggressive manor in which Art is progressing to get the full 100% I don’t think it will be long till we see the finance RNS.
The £6m will be used to increase production, he will use a mix of natural gas propane and butane to increase the flow rates of the wells. In his interview he said the targeted max daily out put quoted he believe he can achieve “and more”.

“And more” - let’s be clear her 10, 20, 30 % extra daily output is crazy numbers.

Crude is also climbing, some might say the perfect storm - GLA

Yes getting in the 0.5-1p range prior to news then seeing 100% + then a continues sustained rise would be awesome

MM playing about with the spread to make the % gains look smaller, little sneaky. Trying to give the impression SP is falling. Guessing they will also be doing it to show more trades as sells.

It was down at 20-30m max

However, days have jumped up recently to 100-130m.

This later volume has helped churn the overhang and genes why we are now seeing the rising SP.

Volume today slightly higher than that seen previously but it was predicted that traders, PIs and the herd will be waiting for free movement till they buy in.
Imo we will see a couple / few trading days at these volume and continues rise before those aforementioned take positions as they make sure there is defiantly no overhang.
Closing above certain SP each days will also create buy signals. A lot of traders use these as a point of entry.
Further more if we can rise in anticipation of news, explode on news and MC re-rate we then could then attract the institutional investors and this is were we can expect things to get really interesting.

Canada TSX opens at 14:30hrs. The joys of duel markets means we get more PM RNS than others.

News on atomic can drop anytime. Getting exciting folks. Wait till the traders and herd arrive !!!!

Continued .......... could be very conservative

Adrian correct 10,000 barrels

However, don’t know if you also picked up during the interview when he mentions these figures he also says he believes we will achieve a lot more than this.
Mentioned this yesterday that the revenue and max figures quoted thus far on this board could well be w as

There is a lot of fluctuation on google SP for PIs that use this as a live guide.
What google does is give you the SP of the last trade, this can show big swing up or down depending on the spread.

Looking good here this morning. Finally MM giving a bit of movement on small volumes. Hopefully they will let it go and not be using the formidable NT they have used in recent weeks to control the SP.

One thing that is unknown is how many share were formed part of the overhang.
What we do know is approx 800m-1 billion by my calculations have been churned.
On the run up to the Christmas holidays we had a number of large trades (forward sold) and have seen a number throughout the day and out of trading popping up.

Normally a spike in SP on lower volumes suggest they are done so fingers crossed and good luck guys.

I believe news on Atomic will fall any day any catch a few out. I do t beneficent this will go to the wire.

Nigerian licensing as noted in my previous posts, this will be done over Skype or Zoom not face to face, I don’t believe the government will want to delay the getting the ball in motion and future revenue stream, something they rely on to make up 80% of their revenue is taxes etc from the Oil & Gas.

Liquidity
One reason for listing on several exchanges is that it increases a stock's liquidity, which means that there are plenty of shares available for market demand. A dual listing allows investors to choose from several different markets in which to buy or sell shares of the company.

A stock's liquidity can be measured by the bid-ask spread, which is the amount by which the selling price, called the ask price, exceeds the buy price, called the bid price. The increased liquidity for stocks on multiple exchanges makes the stock's bid-ask spread decrease, making it easier for investors to buy and sell the security at any time.

Multinationals
Multinational corporations also tend to list on more than one exchange. These companies may list their shares on both their domestic exchange and the major ones in other countries. For example, the multinational corporation BP (BP)–formerly British Petroleum–trades on the London Stock Exchange, the New York Stock Exchange (NYSE), and several other countries' exchanges.

https://www.investopedia.com/ask/answers/05/stockmultipleexchanges.asp

Mine has just re appeared

Try again caught send:

Muel: Given the current climate investors in all sectors are over cautious, I don’t think your alone the markets aren’t as busy as normal.

I am of the opinion that even the savviest investors are playing it safe.
Investing in a reasonable holding and holding funds back to top up on news.
I believe that COPL have found its self on a lot of watch lists and radars.
With RNS notifications available you will never miss another RNS.
I think regardless of what your investing monetary value you need to be confident and comfortable.

The issue all those on the fence are going to have is getting the position at the price they want. Once the overhang has gone and the breaks are off we will be back to NT.
Question is will the MM let this go, if they do it will quickly tick up.

In relation to the $8m I am under the impression that we don’t need to pay it straight away as first RNSed. The deposit has been paid and this will suffice.
We have £6m cash in hand so we have proved we have it. I believe the capital will be raised along side or as part of the finance.
Impression further support my opinion that the £6m cash will be used to increase production and revenue stream by paying for natural gas, propane and butane which will be used to force the oil up.

Further more as part of the interview Art says that their approach is aggressive, they also expect not only to achieve maximum stated output but to exceed this so figures could potentially increase again.

Muel: I don’t think your alone.

Given the current climate investors in all sectors are over caucious

Very simple this morning anything 0.22 is a sell anything 0.23 is a buy.

Dummy sell of 1m returns a price of 0.2216

Dummy buy of 1m returns a price of 0.2331

Will take full holding in one go as well.

That’s x15 ruffly of our current MC on their MC. With lower tax we could be looking at x16/17 bags.

No wonder he called these lotto tickets - GLA

This is what I find difficult about these LSE BB. The ability for PIs to understand what is going on.

“No exactly the buying frenzy we were expecting” are you looking at the trades going through and the large delayed trades being worked?

What you will find when there is a overhang PIs will look to buy in once this is cleared, judging by the volumes it shouldn’t be long.

A lot of variants are dependent on a buying frenzy, to attract PIs and traders the SP needs to be freely moving. Once they see the SP ticking up expect this to fly as they pile in.

Traders will only trade when they SP can move on volume this isn’t possible with a overhang which we have from the placing.
What you will also notice with the trades they aren’t rounded off to the 100k or 1m shares like wise they aren’t £5k, £10k round trades which points to PIs adding to holdings or building positions.

Once we go blue and hit the leader board money follows money.

If you have DYOR follow the smart money that is buying in now.

Always a question of a share that multi, multi bags. Wonder who was buying at those levels?

Or

I wish I had followed my research or bought more.

15% of Atomic is worth 2 bags from this level.

Once this re-rates on the Atomic high NPV we will then see institutional investors also jumping in, that’s when things really get interesting.

Some don’t see the wood for the trees, doesn’t mean there isn’t a forest full of it staring right at you! GLA

I.e : Delays in Nigeria

IMO delays aren’t going to effect the SP. the SP has dropped from 0.5p to 0.198. This drift was down to delays, well oversold and has now found its bottom here.

There must be some overhang as we seem to be hovering here. Due to volume I expect this to really motor once it’s finished.
However, is also noted and interesting that most trading days are going to NT and the large buy before we closed out of hours before the weekend.

So strangely left thinking do we have a few large buy orders and this is what are causing the NT or are the MM playing games as they haven’t fully evaluated the Atomic deal.

As previous post even at 15% (which is guaranteed) I expect an absolute minimum of 2 x bags on that alone.
With cash in the bank of £6m and guaranteed 15% of Atomic regardless of outcome can we say that the Nigerian deal is now the bonus or icing on the cake?
(Just putting that out there as this has now flipped on its head very favourable for PIs)

Hoping it’s stalling at these levels for my own greed. Invoices processed just waiting for payment so I can add further here and hoping it’s at these levels rather than higher but will be topping up regardless as I only see this going one way, North.
This is crazy cheap, IMO Atomic was a bonus unknown until 2 weeks weeks ago. Even at the 15% which is guaranteed we should see 2 bags minimum from here - GLA

https://m.youtube.com/watch?v=vjD3EVC1-zU