Member Info for cn100

6.375p are sells.

Will only quote me 1250 shares at 6.5p currently.

I’m doing some now. Looking to take a position. Just wondered if anyone knew the current cash position?

What is the chances of a farm out here? What is the current cash position and debt position?

It went through on the other exchange. At 8.07am 100k at 0.645

Calgary, Canada, April 3, 2020 - Canadian Overseas Petroleum Limited ("COPL" or the "Company") (XOP: CSE) & (COPL: LSE), an international oil and gas exploration and development company focused on sub-Sahara Africa, today provides further details and clarification regarding its latest decision to defer filings following a temporary relief granted by the Canadian Securities Administrators in light of the coronavirus, as stated in the Press Release dated March 27, 2020.
A full list of filings that have been delayed includes: 2019 Year-End Financial Statements and MD&A, AIF, CEO & CFO Certifications; Q1 2020 Interim Financial Statements and MD&A, CEO & CFO Certifications. The delay results from measures related to the COVID- 19 outbreak such as mandatory self-isolation, which prevented the auditors from completing audit field work and required the COPL team to start working from home and to obtain remote access to the Company’s records and documents.
Material news that happened since the time of the Company’s last filings include a secured loan facility from the CEO, as announced in the Press Release dated February 21, 2020.
The Company’s management and other insiders are subject to an insider trading black- out due to the extended period of the Company’s regulatory filings.
COPL expects to file its 2019 Year-End filings on or around May 12, 2020, and Q1 2020 interim filings on or around June 23, 2020.

Brent oil price flying up ! $31.5 as I type. Back to 35-40 and I’ll be back in. Maybe just maybe Arthur will then be able to pull this finance deal off.

I have 7 million of these! Bloody typical have been waiting months for the balcombe application to get the go ahead and now this! Nearly ready to give up on this lot...

Bought in. Hoping to recover some losses from copl.

Selling out. Unfortunately cannot see this going ahead with the oil price where it is...

Did say it was approx 2 mill left. they are clear now.

Should be a good day today. 2 videos out yesterday, only 2 mil shares left for riverfort to sell (in this conversion) and the wider markets should have a good bounce today (short selling has been banned).

Riverfort have approximately 2 million shares of the last conversion left.

Confirmation that the hearing for planning will go ahead on 24th March 2020.

https://westsussex.planning-register.co.uk/Document/Download?module=PLA&recordNumber=1635&planId=50257&imageId=634&isPlan=False&fileName=Extension%20of%20Time%20agreement.pdf

Fingers crossed.

Guitar1970 do you think the slump in the oil price will have a negative effect of copl achieiving the funding? I would imagine whatever happens now with oil (and it could go to low 30’s) it will be back up at 60 or 70 by the end of 2020.

My answer is direct from Arthur so it is correct. Brent pricing.

The project is viable at as low as 35$ Per barrel of Brent so plenty of headroom yet.

Another 500k on the bid today at 0.05$ CAD. I wonder if TD will keep it on to be filled today...

https://dr.thecse.com/en/listings/oil-and-gas/canadian-overseas-petroleum-limited

Be nice for management to buy significant amounts today. 5M+ each.