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Bit of a mixed bag , more opex but also more production . For me this is now all about Acatara and getting that production flowing through the pipe line. " Currently 92% complete and on schedule, Sales gas pipeline 91% complete
On schedule for first deliveries under GSA in Q2 2024"
Market wants to see cash as i do but its close . Then we have the little matter of the RBL , — Expecting to complete re-determination by end-March 2024 . This will be another reason to keep the SP low for another couple of months but with 20,000 boe/d + i see as a buying opportunity and have taken advantage again today.
First tranche acquired today and glad to be back in after selling last week. 2nd tranche waiting for 285p. I never expected that news on the acquisition and was a real bonus to the portfolio at xmas.
Sharebel You are the clown , now lets do this slowly shall we . This asset is in the USA and nobody is interested , but AM and his highly skilled DOD thought we know better and made a move when oil was on its knees during Covid . and from that point it has been all down hill for all the longs.
Mcadder what the Ryder scott that nobody but AM understood , that same report that no other company's in the good old USA are interested in little old COPL. Wise up if we really had that huge resource why are we valued as trash.
I'm buying today , in 6 months this will of bagged and an easy hold till production.
223 was way to tempting , heating back on this week.
Old people with limited foresight, AI will change all as mundane work will be done by machines who never need a holiday or off sick. The time of over population will finally come to an end and mother earth can finally breath again.
Nitro182 But to the detriment of holders or shorters.
I am buying here today but not all in after what happened at BP.