Member Info for Devilbhoy

20p, huh?

I hope it lingers around this price as I thought I had missed a good entry point but just don’t have any funds available until COPL re-lists.

“ 88e mkt cap now £300 mill with no proven oil. See no reason given the price of WTI and our PROVEN oil and INCREASING production why this is not a realistic mkt cap for COPL”.

BigBear2 - I would have thought having made 8,478 posts you would understand by now that any comparison with companies like 88E are irrelevant. Their current market value is based on hype and hope alone so bares no relevance if trying to value COPL on fundamentals.

I mean ffs, the fact the electronic magic beans market is now worth trillions tells you all you need to know about how irrelevant fundamentals are to rational market valuations and how broken the markets are.

That is complete conjecture. Point me to the source of your proof.

20p. You are having a laugh. It’s not worth the 2.05p it closed at today.

That should have read “ You are mistaken because, like the rest of us, you have no idea what the f@@k is going on because the company finds it so difficult to update its shareholders”.

You are mistaken because, like the rest of us, you have no idea what the f@@k is going tomorrow n because the company finds it so difficult to update its shareholders.

“ Subject to regulatory approval, the Company now expects the re-admission of its common shares to occur towards the end of May or in June 2021. It is now intended that the cancellation and re-admission will occur simultaneously at such time.”

That is from the 12 April 2021 RNS. It is now the end of June and unless by some miracle the cancellation and re-admission happens by Wednesday then it is yet another case of over promise and under deliver. The company has nobody but themselves to blame for criticism they receive.

Well given you don’t even know that COPL wasn’t trading on the AIM market when it was suspended and delisted I don’t think I put much credence in your take.

I don’t have enough time to filter all the fuds on this board.

There was nothing glorious about it. It was utter utter ineptitude and poor quality players with the exception of Andy Robertson.

At least Clark has a go? He has two exceptionally positive and creative young players in Gilmour and Patterson who actually have ability but starts Armstrong and O’Donnell (who is bereft of any ability) and switches Armstrong for Fraser? He puts out a team with the primary objective of not losing rather than winning.

The management of this company are as inept as Stevie Clark.

Mind blowing that you can’t see the irony of your last statement. You are the one who can’t see past “next weekend’s beer garden” as you would rather see a quick acquisition involving dilution to increase the share price rather than have patience and achieve the same outcome without the dilution which would produce a better return for shareholders in the long term.

And where is your source of information to declare that of the shareholder base “66% of whom did not buy in until After the Atomic deal was done”?

Mind blowing that you are so keen to dilute yourself rather than just wait some time and have the company just focus on getting this asset to maximum production and then use the cash generator from it to fund any potential future transactions.

I really hope AM doesn’t read this board. And if he does, I hope he doesn’t think it is representative of the majority of shareholders opinion on further raises.

I can’t for the life of me understand why so many of you are saying you would be happy with further dilution to support expansion. Why on earth would you be happy with dilution as opposed to funding via the debt markets, which is explicitly one of the benefits AM said this deal will bring?

The only ones I can think of that would benefit from raising funds via further raises is those of are offered placings at a discount to the prevailing share price and to date, that has not been us private investors but instead the company employees and institutional investors.

Yup. Trolling. Filtered.

What a load of nonsense.

First of all, cryptocurrency is not (despite what the name suggests) a currency by any rational definition and it’s unlikely it ever will be.

Firstly, there is no central bank issuing it and given it is the fact that central banks are government backed and therefore people can be confident that promise will be met is what underpins the stability of the entire financial system, cryptocurrency in its current incarnation will never be a currency as it is only worth as much as idiots are prepared to pay for it. It’s an incredibly effective ponzi scheme that has benefited from the gullible and people who don’t understand what they are buying.

Secondly, even if you were to ignore the point above, any financial instrument that can regularly drop 50% or increase 5000% in months based on the Tweets of one person is not stable enough to be a currency. Heck, it’s not even an investment. It’s a gamble, pure and simple.

Thirdly, it’s the most inefficient transaction by an enormous margin. The amount of electricity it takes to complete one Bitcoin transaction is equivalent to hundreds of thousands of card transactions.

And I haven’t even touched on the regulatory issues like anti-money laundering and taxation of capital gains.

Well I assumed that as a prerequisite!

The only advice you need to heed is don't listen to or make any decision based on what any internet bulletin board fantasist numbnut says as that's a guaranteed way to lose money.

Yachtmaster. My spelling is just fine. Autocorrect on iPhone. And the pedantic point you were trying to make relates to grammar, not spelling.