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Surely the oil find can’t of been fake as it was verified?
JV could have been a lie.
But why wouldn’t be someone out there interested in getting it out the ground and making money????
There must be a reason for this and I think it’s to drive the SP down to get a big player to mop up.
The company can’t just go bust, say they don’t get the finance. someone surely must be willing to pay a decentish amount for the oil that’s in the ground.
Or could they low ball it to a big oiler in return for shares of the profit.
I’ve been in copl for the last couple of years, just wanted peoples thoughts on if we will get the JV deal as it seems ART is just ruining the value of copl.
I just don’t understand how we can have a find so big and not have someone throwing money at him yet.
I understand ART has a lot of shares at a much higher price than we are currently sitting, so it doesn’t make sense why for his benefit aswell as everyone’s he’s not taking it to the highs it should be at.
Am I being impatient? Or do other think ART needs to pull his finger out. Surely this has the potential to be massive!!
bigbench
Posts: 21,423
Price: 7.375
Strong Buy
RE: BOToday 09:24
News early next week...back to 17p then past 20p...Art not bothered about 60% drop when 150% rise is the next turn. :-)
The rise is coming bigbench but a lot more than 150% (you do realise the 60% drop and then 150% rise takes it back to its previous levels ;) I’m hoping you meant 1500% rise)
I feel some people don’t trust AM but surely he wouldn’t buy £250k extra shares then say he would of bought more if it wasn’t for the period. Also release the RNS’s about the oil find to then for it to turn out it’s a load of rubbish. He would be strung up. THIS IS LITERALLY A GIGANTIC MULTIBAGGER imho!!!
looking at the news, seems the government are making U turns. At first we panicked with the unknown and now it’s minor they will be slowly easing off on everything. The economy is more important than a cold. Flu deaths at the lowest ever so will return to normal instead of calling it a covid death. no more testing. This was probably budds last attempt to screw more money out of it and it worked for him
And that’s not a deramp. It’s my opinion on covid. it won’t be around forever…. Use your brain. I’m just saying budd needs to up his game and sell as much as he can to as many as he can before it’s gone.
virus might stay….. but it’s a cold/sore throat
So many people realising how minor it is and the government cut isolation period down to 7 days. Now getting rid of PCR tests.
Pre Xmas govenment said OMICRON worst mutation yet, blah blah blah super contagious. Then 99.9% got a cold and it was nothing…. Then government cut isolation period to 7 days. You know it’s coming, Spanish flu started off like covid, eventually goes into such an unaffecting state that it’s fizzled out. I’m not scientist but my opinion is within a years time normality will be resumed. We either need to trick the government into buying a huge amount before it goes or we go bust. Either way we need sales now….
Not looking good everything I read on BBC NEWS regarding covid