Member Info for Charlie1984

Exactly yes the SP should have and could have been £1-1.5 range minimum but we would have got Cuda on the cheap or if at all with increased production ……… every cloud has a silver lining.
Got to love the other posters ****ging of the CEO, still here so make of that what you will !

Devil boy there has been to many factors of why the SP is suppressed my money would be on the thumb screws to squeeze Cuda.
The radio silence is the period that aligned with this timeframe and I would hazard a guess that once the deal is announced so will an increase in production numbers.
Some want their cake and want to eat it.
If we get Cuda and production figures jump up who is going to worry about this period ?
Those that have done their research know this will quickly rerate on the up and coming news, there is a lot of value to sitting on your hands, rather than watching the SP daily a few need to look a little further down the track.
Everyone seems to be a master in running a oil company yet none on this board do, like watching the football on the TV most will shout out to the professionals what they should have done even though they cannt hear them …………. Most don’t understand what’s going on behind the scenes as no one can see your only guessing !

There is a syndicate of traders working a number of shares COPL included.
They will sell down in rounded trades to drop the SP then turn up talking about placing a being worked in the background, this often has a chain reaction as it spooks PIs into selling dropping the SP further and getting them their lower entry point, these sane posters will buy SP will rise then they disappear until they get their percentage and sell them repeat.
Little sad really but why we have a window of radio silence they will get away with it.
Arthur just bought more than £250k at a much higher level and wanted to buy even more but is currently locked out so got to ask yourself would he do a placing and dilute his holding ? Not a chance, these guys are just ripping these boards and making money from the weak, hopefully too many haven’t sold after reading their posts - GLA

White House Quietly Calls On U.S. Oil Companies To Increase Production | OilPrice.com
https://oilprice.com/Energy/Crude-Oil/White-House-Quietly-Calls-On-US-Oil-Companies-To-Increase-Production.html

And the flying Oil price US wanting to supply its own oil and not trade with Russia ……….. COPL got reserves, only a matter of time before everything clicks here.

Would worry to much about the radio silence, no news is good news, I’m sure everyone is working hard behind the scenes.
Arthur just bought over £250k worth of shares at a higher SP and wanted more so he is confident.
Very little priced in and a landslide of news to drop in in the next 22 trading days …….. sit on your hands and relax stop watching the slow percentage daily fluctuations, surely at some point this needs to start to tick up regardless on anticipation of some or all of this news dropping - GLA

Good post Tilburn, I think it’s also good to point out that at this stage those reserve figures will be grossly under estimated as an achievable figure and I’m positive once we have more information and results they will be 1.5-3 x better

Didn't have cash in the bank though did he Devilboy (or not enough) he had the loan account but as part of that loan account and agreement on terms and conditions he needed to demonstrate he could raise capital.

Always two sides to every story, looks like there are a few posters trying there hardest to de-ramp maybe you can now see who is trading this?

Cash rise?

You know we have cash in the bank and are roughly breaking even and we have a $20m loan account headroom should we need additional cash to purchase Cuda

Think we know who the market is, investors like to buy in on news Yacht if there is a constant stream of positive news and direction given guess what the SP is going to do on that reaction.
FD figures are only confirmed by the company, that is not enough to make them stick or have any value and why FD isn't priced in, once those reserves are taken into account and documented officially then things change.
Same as producing up to 15,000 bopd we cannt calculate it is we are only producing 2,000 bopd but once the bopd is increase then this also needs to be reflected in the SP

News WHY this month?

- Cuda will be 6 /7 weeks plus by then
- Once Cuda deal is signed there is nothing holding back production and RNS update of this being increased
- Increase could come from flow rates or increased wells or both
- CPR Ridder Scott report should be filed with Q4 accounts
- Once FD reserves are confirmed it makes us a potential buyout target in this instance getting news flow out and better positioning the SP makes sense

We need to calculate true value, there will be no selling, until this point .
The key to Pandora's box is the Cuda deal and acquiring that additional 27%from Cuda and increasing the daily production. I am sure the pressures will be sorted and the miscible flood rates known, for me you don't ramp up production then drop it off unless it was calculated to compress our own MC for argument and support of a low ball offer for Cuda, while increasing the incurring costs to turn the thumb screws.
So once the deal is done expect taps to be open, this will put us directly into a profit and way above the hedged amount. This cash flow will then support us going forward for drilling etc
FD is a HUGE find and one the market hasn't even contemplated valuing in, as its likely taken back by the shear size but will have to once it is documented in a report in black and white.
Shaa, I still don't think some PIs actually know the size of the licensing areas we hold and that all drilling permits/licenses have been applied for and accepted and how many of these we have!
The whole license area at some level could all be full of oil not just the FD, this was a location previously drilled and walked away from given the technology at that time, its a lot more advanced now and will certainly make things interesting going forward. Most of out neighbors have encountered multi layers so why not where we are?
Certainly a long hold here if you have done any research, there will a cracking re-rate very soon IMO

Including today I make it 23 trading days until the 31st when everything should have been delivered.

Its just a guessing game what news comes first but surely you wouldn't want to be out of this this coming month and PIs will start positioning themselves for that news flow - GLA

Well acquired a new 5L 550bhp SVR, was delayed by 6 months so caught the petrol prices at the correct time, will be up at £1.70 the time it arrives on the 11th March ................... defiantly need AM to drop some news

Certainly the stars are all starting to align for the news flow that is in front of us and away to land............ couldn't be better positioned to quickly move given our potential increased holding acquiring Cuda, increase bopd once announced and the continuing strength and ground that oil is continuing to rise at. This is with out the updated CPR Ridder Scott report on FD.
If you had called WTI to be $100 a barrel when this deal was made you would have been locked up for being crazy now oil getting called out in the $120-150 a range a even one critic calling $200, think its realistic to say on one really knows what's going to happen, but a strong upward trend before the Russia - Ukraine saga one would hazard a guess that the rise in oil pries are far from over and certainly only the beginning......................

Hearing that the exchange was 82-86 Russian rubles to the £, according to reports this was 171 to the £ towards the back end of the week in Russia as people flocked to the bank to withdraw their money.
Exchange rate in UK banks online is 112.15 Rubel to £ so shows the banks are cashing in on the situation.
Now with sanctions imposed by world leaders and the people of Russia feeling the pinch it will not be long IMO before they all start turning against Putin, I also think the rest of the world feels the pinch through increased Oil and Gas prices driving up the cost of living and inflation................................ Oil and Gold once again becoming the safe haven for investors and expecting a lot of money to start to move in to COPL once Arthur releases the positive news flow and reports.

Interestingly we need to look at the upward trend both WTI and Crude have taken over recent month. This was due to a number of reasons, free movement after Covid and restrictions being eased, increasing demand and supply not being at its highest.
Even with out the conflict and tensions created in the market due the the war with Russia and Ukraine the price of Oil was rising.
Last week seen a spike in crude to $107 but has since fluctuated in a territory down to the $98 mark and sat approx $102.
So with us being in a continuous uptrend is this current pull back and areas of consolidation before continuation, with demand outweighing supply, the price topping a 7 year high, even the effects of inflation should continue long after the war and continue to drive the price of both WTI and Crude higher and into the $120-150 range.
We have a large amount of news flow due, interestingly there seems to be radio silence from the company which in its self suggests that something is happening behind the scenes, as it does we draw closer to the Q4 accounts due on the next 4 weeks which should also be accompanied by the CPR, updated Ridder Scott report. Update on Cuda, update on drilling, update on BOPD, update on planned or improved BOPD.
Remember Atomic 57% was an outstanding deal at $39 per barrel, we are now in the $96-98 range for WTI, we are looking to increasing that percentage further by purchasing Cuda share and we have also discovered one of the biggest find in history under our licensing area with a potential reserve increase of 1.5-1.9 billion barrels excluding our other confirmed reserves.
Certainly going to start and get very interesting here yes the wait as been frustrating but the game has been plaid well to suppress the SP which in its self must be seen as a masterclass to try and argue a cheaper price for Cuda given out previously lower MC. This was always a minimum of 12-18 months hold to start and see the reflection of true value. Once these reserves are confirmed this share will just keep giving and a MC correction needs to come, further more with all this game changing news an current income and accounts now with an income for a full year surely in the coming weeks the market also needs to start considering a PE ratio in to their calculations?
GLA - here is to another speedy an progressive drive north and continuous blue skies

SP not retracing as often it has done on the traders selling, shows that interest is mounting hopefully we can advance looks like those that traded have had their shares hoovered up. Looking positive to tick up.

This has a number of RNS to land and anyone of them is going to cause the SP to multi bag if everything land a few will get locked out on the re-rate IMO

Brent broken $103
WTI broken $98

Up and away 1.5% blue now should start to move well volume looks good and PIs are gaining interest again. Lots of updates due and perfect timing for many to get in

We are heading in the correct direction

Hope your well Shaa, very busy over in Thailand, last call of the day then I am away to the gym .......................