Member Info for Daceon

It's been a very long wait for relisting. I think that most expected that the company would relist by the end of April and it has taken that bit longer. Many folk here have either very high exposure and/or expectations. The longer the wait the more stressful it is.

I don't see any reason for a producing company in a prime area with sweet light oil like copl not to come back. It has a positive future and a number of avenues that could make it tremendous. Wherever it comes back at 0.7 or 2.5 (or consolidated) the market will decide where it settles. Bearing in mind the forward looking nature of the company's actions so far (increased miscible flooding, funding available, further aquisitions being considered, technical team growing) I think that there will be good interest, especially as we have crossed the magic 50m valuation which makes us of interest to professional investors.

The patient risk takers who don't sell in the first hour of ramping will be hopeful of a 10x increase from this price within 12 months.

Where I stand, or anyone else does, is something only we can know. DYOR, have a plan, stick to it and God bless everyone :-) it's a beautiful day out there.

Thanks for keeping up the posting everyone. It makes for an interesting read! My sense here is that COPL is going to return as a very different company. Arthur has achieved something very worthwhile here and I am sure that he wants to be known for his deal making skills and for running a successful US based operation. All of these exercises will be based on the returning company being properly structured and as attractive as possible to investors. Happy to wait while the many pieces are slotted into place. Happy to wait until June anyway lol!!!!

Seems to have hit the low and rising. I reckon we are looking to test 0.14 all being well?

Lots of stop losses being hit I am sure.

Hello everyone from COPL :-)

Followed the regulars here with a few grand. Shaa +HFB on the money, making money as always! In with 2k @ 0.08

Hello everyone :-) It's been a while! I've been reading the research with interest but haven't had much to add. Yes this could be a perfect storm but I feel very confident that Wyoming has got a great deal further upside (and we have the funds to develop!) and Nigeria looks increasingly likely to happen. Throw in some healthy sentiment and we could hit 5p easy. Very exciting and I am sure Arthur will want this new entity to take off like a rocket!

Well folks, very interesting reading all the possible outcomes here. My hopes are that we will indeed get good news on Nigeria. If that happens and we get some dates/estimates of drilling then who knows what will happen when we relist? Realistically at that point we are a 500m company.

I don't want to get my hopes up too much though. 1-1.5p is still very good and makes a big difference to the future for my family.

That steak dinner is still on offer Art if you can manage to get Nigeria sorted :-) Being honest you deserve it anyway for what you have achieved so far.

GLA!

Thanks for all of the updates from the experts (and I mean that!) on the board. This just gets better and better.

2.2p end of April sounds mighty good :-)

If he wants to wait 6 months to get the production ramped up before the rebasing of the company valuation I don't mind. As Am alluded to in the interview, being relisted gives a massive opportunity to value the company properly, free of trading. The new prospectus will allow large funds to decide are we going to take a chunk at the relisting value. This is a superb opportunity to maximise growth and impact of the relisting. Not to be rushed. Only my opinion mind you.

Art seemed very clear - new price in the interview

22m :-)

haha Shaa what a journey this has been last few months. You are the other LTH are a great bunch. Feeling nearly as happy as Art. ATB everyone!

I was hoping that this might hit 1.5p as that is life changing money for my family. I suspect that's going to be gone first day back.

https://www.youtube.com/watch?app=desktop&v=M2ozljEydpY

Yes, so positive about shareholders and even mentioned private investors. Thanks Art! All the best with the exciting days ahead.

It's great to see him looking so happy. Amazing prospects for the future and the money to explore! A liquid goldmine.

All the best. It could happen!

Here's a thought. What if the prospectus was done but some last minute news (Acquisition/OLP226/marginal win) requires that it be re-written to reflect a LARGER mcap?

After all of the stress and concern of the last couple of months and especially this last week, isn't it great to have a bit more calm around here? Spring is coming and this has finally been sorted. All good.