Member Info for Charlie1984

What is still interesting is that COPL are producing and have an income with the ability to substantially increase these figures very quickly.
A P/E ration was a subject matter that I have mentioned before and used in the excel calculations against Oil price, costs and P/E to factor an estimated SP price.
Given that Q4 will be the fourth quarter with a revenue, will we see the market factor in the P/E ration going into Q1 or will it be Q2.
The reason I now highlight this is the potential to have additional ownership in Cuda, ability to then dramatically increase the BOPD, then issue the CPR updated Ridder Scott report to reflect FD, then the market factor in the P/E ratio which should be inflated due to the 30 year life cycle and being at the start of the upward life cycle curve.
Defiantly food for thought and looks like everything could drop and click at the same time, expecting a substantial re-rate here- GLA

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$95.5 and Crude $99.15 looks like $100 WTI could pop this week folks

https://oilprice.com/oil-price-charts/

Not worried, why the rising WTI doesn’t effect the current bopd volumes due to being hedged it does offer significant upside for increase resources and potential Cuda ownership, especially given our gas is hedged lower so wouldn’t worry to much we are probably in a much better place given the current gas prices.
Lots of news to come and still decent trades popping up, showing that someone is happy to keep loading up and why not.
Cuda update, Q4 accounts, CPR Ridder Scott report to reflect reserves of FD, increased bopd might not be reflected in Q4 but if we have purchased Cuda expect a special RNS informing the market that they are increasing bopd dramatically so we dont need to wait till Q1 is issued.
Thing is, we know we had oil, it was a cracking deal at $39 a barrel now the attack starts on $100 and we have an additional 1.2-1.9 billion barrels of oil.
This really could turn into the cash cow that keeps giving and if proven could see PIs given nice future dividends as well as a decent MC for their patience.
If your watching the SP daily and worried about a small fluctuation up and down you havent done your home work or have invested more than you can afford.
Switch off sit back and relax going to be a very busy 4-6weeks on the news flow, so just sit tight, surely PIs sitting on the fence start to position themselves for this one.
Not going to lie would also be nice to see a cheeky TR-1 drop and show us who has been buying GLA

Production figures are low, this could be a reflection of purchase of Cuda, pressures and flow where high before they went into the current phase of offers.
They have been encountering cost so for me it’s all smoke screens and mirrors.
We have cash in the bank we have the option of $20m head room finance.
We have the FD reserves and the current MC is lower than that of the pre-purchase price.
As soon as Cuda is finalised either way taps will be opened.
The additional reserves if we get Cuda are not hedged and the current SP reflect production rates with hedged oil price and why the the WTI increasing at the minute doesn’t reflect on the SP.
Once we surpass that hedged amount it will.
But cash in bank value of pipeline are our current reserves and bopd only worth current MC the traders will say yes but the market awaits CPR, Cuda announcement and Q4 accounts as well as RS report ignore the daily fluctuations it’s coming

Let’s not forget about the producing asset Atomic and potentially Cuda, taps will be opened quickly mark my words expecting 5-6k bopd very quickly

He gets that CRP and Ridder Scott report confirming reserves he can have them, FD is a free find on top of what we believed we had.

Rather than look at the SP of the options look at the date they where granted, they could have purchased cheaper at the time from the open market so he is confident SP will rise.

Further to this this RNS is old news these options where disclosed last week when filed.

NT would be offering you a lower offer to sell if they didn’t want them so could indicate a big buy being worked as they are then intocing you to sell rather than lowering the sell SP offered to scare you off.
If 4 MM are on 37p that would suggest a possible tick up on volume

CPR
Cuda Update (how this has been purchased - cash, cash& finance)
Updated Ridder Scott report to show FD reserves
Q4 accounts
Update on bopd production
Update on additional wells
Possible OPL226 update

The report in reference to the shares doesn’t indicate that they will be issued/taken.
We recently had warrant expire and have done so on many occasions.
Art just bought 665,000 shares given the current SP and news flow due and buying before the closed period one would guess that he knows the SP is going North.
The options on shares give a fantastic safety net to the company and its investors.
If a take over was being mounted Art and Co have the option to take the shares and strengthen their position if done so in full would also dilute everyone’s holding by approx 7% including their own (I’m guessing him being one of the largest shareholders this wouldn’t be in his interest unless necessary).
A lot of bed wetters here, on and off, they change mood like the weather.
We will have updates on Cuda anytime, regardless if we get it or not the production will not continuously remain at these levels it will be increased regardless imo then updates on CC production and drilling, SF production and a road map for FD and bopd predictions / forecasts along with CPR and updated Ripper Scott report.
So personally I’m not bothered watching the SP fluctuate up and down I said 12-18 months to start seeing real value.
Current SP still 150% lower end valuation on 57% atomic and low WTI prices which are now closing in on $92 per barrel with reducing production cost through out this year.
Even have the possibility of OPL266 update/news.
Gas prices hedged and the first thousand or so barrels so win win we aren’t hedged on everything!
Think things will click all at once and a few will get caught napping GLA

Stopped posting for a while here to many loons that haven’t done their homework but will try and shoot LTH down and de-ramp problem is I could give a toss my investment, my time, my research, my money. I stand by what I have learnt you play your own games!

Devil boy
12$ costs 12.5% tax 1.6 billion that with a B
Do the maths even your not that stupid
By the way WTI currently $87 a barrel
Add atomic, potentially Cuda and OPL266
What’s not fag packet calculations is the current MC
Since your the clever one let’s see you calculations put your keyboard warrior calculations where your posts are.
Any how I don’t need to ramp loaded up nicely in the 16-19p range and pre-suspension so very happy to hold and let this play out princes!

Some of us in Thailand on the **** (working) but yes Cuda

Got to laugh at the bed wetters and de-rampers

Given what we know and argument to support the lower bopd and the new discovery you would think PIs would be loving the opportunity to load up.

We have the know reserves of Atomic.
We have bids due by 4th Feb for Atomic, given there current debt and low bopd who would be interested?
No we have potentially 1.6 billion barrels of light crude to add to the figures with high pressure.
CC drilling increasing bopd and infrastructure.
Cash in the bank and monthly revenue.
Not to add the buyer in the background and possible TR-1 due.
Accounts for Q4 and amended Ridder Scott report.
Add and hold very interesting few months to come.
My figures looked good on 57.5% of Atomic so looking fantastic now.
WTI price on the stomp North and only a small amount of the bopd hedged.
Reduced costs from now till December so increasing profits.
Low recovery.
Low tax
DYOR
This is crazy cheap for what we are sat on and once RS report confirms resource this will multi bag rerate and lock a lot of PIs out that will need to pay a premium.
Fag packed valuations of anything up to £35 per share. Always been a medium to long term hold and very happy to continue to hold knowing what I know form my research - GLA

Beach road open, few bars walking street apparently but bars closing at 9pm changes again Monday.
Quarantine restrictions change from 1st Feb back to test and go

I am in Pattaya working out in Laem Chabang Port and Deeline Fabrication Yard Rayong.

Hopefully more details in the updated Ridder Scott report

12:40in Thailand don’t worry working from the pool today

M22C this is not a simple answer there are many variables to conciser and take into your calculation.

There is an oil volume calculation here and some very good information. If you have all the variables to hand then you will be able to accurately calculate.

https://www.sciencedirect.com/topics/engineering/oil-formation-volume-factor

Another useful article

https://www.sciencedirect.com/topics/engineering/reservoir-pressure

https://oilprice.com/Energy/Oil-Prices/Is-100-Oil-On-The-Horizon.html

WTI going strong currently sat just under $87 increasing the ingrown reserve values - GLA