Member Info for Danielm89

Bless them I hope it does turn around for the holders there but I struggle to have sympathy, I like risky plays but that market cap was ridiculous. There going to need a lot and I mean a lot of money. Is the dream there to find oil and get bought?

88e have about as much oil as my forehead when Iv been ploughing your missus. Mind you they did find a rock the other month.

Anyone able to add 500 bopd unhedged to q3 financials to see if even at our lowest production we are profitable??

Would definitely put in perspective the giant impact of CUDAs share.

That interview was exactly what we needed, it showed that these last 9 months haven’t been for nothing. His hands have been tied production and finance wise.It also showed it does bother him that the share price is what it is. He didn’t have to commission a Ryder Scott report but he has, he mentioned year end being brutal and that with CUDA share holders leverage, the potential of this field is beyond what he’s or anyone who’s been involved could ever have imagined and money is now safe.Nothing but gains steady rise till august, that is the month gla.

That was before the 27% interest went into receivership to be fair. Limited to what can be achieved when a quarter of the players are missing. Be interesting if we hit that in the next 3 months. Watch this space.

This is ground zero IMO any good news now is 27% more good than before. Exciting times. Wonder if the full $20,000,000 is for CUDA or there’s some spare change in there? Roll on the 29th and 16th.

$26 if memory serves me right.

Any statement confirming any of this will be well digested by the market. He’s replied to an email of mine stating he’s going to provide a roadmap and delineation once’s CUDAs dealt with.

I think a buyout is very possible especially given Art and gang increasing their holdings. But it’ll happen after the estimated $40million drilling campaign.

CUDA is the key, it unlocks profitable quarters to be able to finance the drilling campaign and getting the gambino family off our backs.

Any placing is to buy CUDA outright and install the pipeline IMO to be able to do the above. Very exciting times, short term pain will provide long term gains.

I think so too but didn’t want to put 1 week and let everyone down if it didn’t land. Under promise, over deliver. Something this company needs to try once in a while.

Not a de ramp very bullish here.

It’s my understanding from communication with FTI that 4 of the 6 weeks is preparing paperwork. Booking a court date in the next 2 week for last week of April/ first week of may.

It’s implied by Art that he can announce something when a court date is arranged.

Hope this helps

No bulging neck just facts. I know it’s hard for some to remember the days in a month rhyme.

3 more days in Jan, so add 5,350 to February number if your going to spin it that way

Definitely, getting CUDA isn’t the be all and end all. The only way we lose is if we overpay or an absolute scruff with no money get it. IMO

I personally can’t see a big player wanting 27% of an asset with COPL being the sole operator. Like someone said they’ve got money to burn, they have 0% interest it getting things cheap or slyly.

They’d wait until it’s all proved and take the whole cake at a premium.

And before I get called a lier, which is very much the go to response on here it’s all documented on telegram.

From exchanges Iv had with FTI the Canadian asset was sewn up weeks ago, at least the 9th march. I’m sure they also stated that they expected minimal interest in the Canadian part.

Or the opposite of course, we can confirm that our bid wasn’t chosen and look forward to working with continental.

Be very kind of Art to RNS our position with regards to CUDA, just a simple we can confirm that our bid was chosen to go before the courts would do. Please don’t bury it in the year end or not tell us at all.

We are valued here IMO due to 2 main factors:

1. Uncertainty around CUDA, who’s going to share a slice of the cake or are we getting more? How much is it going to cost and if it’s more than we can afford is it debt or dilution.

2. No profit YET… especially being main market and a producer, you need to show that not only can you manage your debt but you can turn a profit.

Both of which should have a line drawn under then in the next month or 2. Pretty simple really cawcaw.