Member Info for dougb189

Yankee., might be that AM has already endorsed code E2.2 :

“… Where a significant proportion of votes have been cast against a resolution, the company should explain when announcing the results of voting what actions it intends to take to understand the reasons behind the vote result…”

Could be fair to say that AM had already recognised the significant proportion of sentiment against various resolutions hence why he then welcomed those good discussions with SAS, and is then backed up by the improvements as seen recently in the PR ?

Finwit., you really need to get a new poker face. Lol.. You are as easy to read as an open book.

Yankee.,

Informed AM that HL are trying to find out what happened to the missing votes.

Requested to AM that he abstain from any significant consolidation until the anomalies are resolved. Estimated at end of next week.

Hargreaves Lansdowne Investors Helpdesk now looking into the missing votes. As stated over the phone that the suspicion is that an error has occurred at the data distribution centre.

Informed AM that there are missing votes and that although it is expected that there is a significant proportion not accounted for in the AGM report that it is also expected the results will still stay but on a tighter margin ie a strong protest vote and the reasons for. The request was that he abstained from any significant consolidations until verification of the numbers involved in the lost votes. Primarily as it would look extremely poor when entering a new market and there was a question mark over the regulatory process.

Hopefully all done & dusted by end of next week.

Lol, wake up peeps. So way tooo hot for any Friday ‘bounce’ (lol, can interpret that as you may wish) but hey.. a really nice coffee & cake over a really nice lunch break. Life’s not bad.

Altag, that is an interesting perspective but is it really relevant bud ?

Put simply & COPL’s EV sits between $67.83M & $77.0M depending on which analysts we use, so yes you could say the sp is somewhat lagging.

Now we remind ourselves of what Cuda’s EV ranged at & so we then had a company approximately 47% the size of COPL [their 27% of Atomic v COPL’s 57% of Atomic) therefore if we are at a current mc of $22M (on 1:1 price to earnings, no less) they would then be sitting with an mc of c.$11M when using the sale PS ratio ? Now throw in their $70M debt and the EV is remarkably similar to COPL. So remind me please, at what price did Cuda then get picked up for and so at the recent market rate, are we too only worth 25% of our EV.. ?

I like your thinking though as I reckon a similar metric could be tied into how Anavio might value us.. should they be so inclined.

Lol, now feck off you lot, as i got an interesting lunch date xx

Lol, then talking of trolls..

Lol but you have me sussed out bud.. a proper Sherlock Holmes indeed!

Chill wee man, you will still see your 5p

Plus the incoming book builds / placings / conversions / etc / etc / etc.

“..the company is now different from most small cap stocks in my experience…”

Too true bud.

Not many small caps can lay claim to have diluted the share base by 1000% and then requested yet further consolidation for 1000:1 ?

Keep up indeed.

You keep strengthening many good peeps opinions, that you are somewhat out of your depth on the COPL metrics…

*Lizzie

On the journey Tiburn and one develops a sixth sense. In the mountains & the wee hairs might all stand up and it then takes you a moment or two to realise you could be traversing through avalanche territory and at which point you have to exit fast in a straight line down.

The outcome is always the focus and for many on here they believe they are on a tourist path to an easy pickings.

I would simply argue that more risk assessment is needed and perhaps change the lead climber for someone more suited to a mixed terrain. Put young Luz up front for the route finding but keep AM in reserve for the difficult technical pitches.

And so what happened to the young lady Opulentia ?

2022 & all we heard from her for every week of every month was ‘the opportunity is too good to miss so I’ve just bought more and next week my xxxx dividends are coming straight in’

2023 “..I have taken an extra 500k in recent days, share price way too good to resist..”

RIP i guess ?

Tiburn,

apply that insincere approach to aiding of full transparency of COPL by AM to the UK investors, as you have so clearly picked up on.. & now apply it to a listing in the US.

There is then no reasoning in the assumption that AM will be more transparent with the American market.

Which then leaves the only logical out come, of a rinse & repeat.

These figures are 100% bull, the evidence as seen in the E&Y numbers.

AM needs to come clean on this. He may indeed be a damn fine mud-hound in finding the oil but he has none of these senses tuned for market dynamics.

The scale of errors could indeed be small, that sure, there is a significant vote to retain the status quo but the errors categorically do exist.

You now have a significant UK hedge fund with a director on the board, participating in these errors. Anavio’s Jon Howard is a tough nut to crack but he does have his signature on the bottom of all the latest financial arrangements.

You then have a possible JVP now seeing these errors being promoted. The higher up in the food chain that the JVP is, the higher the likelihood of an ECG committee overseeing their operations.

AM needs to address the problem and sort it asap.

It’s the knock-on effects of his careless approach to market dynamics combined with operating outside regulatory guidelines, as now being seen by Anavio, that then has me concerned.

Only 1.5% of the total available votes then being recorded as Against re-election of AM ?! Lol

Altag’s naive approach to the short’s modus operandi is not unexpected. Indeed it is matched by many on here all of whom are easily led by AM’s false words.

Consolidation of the shares then Benefits the shorter.

It then gives them far more additional room in which to vacate their short. Currently we are at 4.00p and any short would have to be prepared to vacate if there is good news eg. 3000 bopd from Phase 1, which might then see the sp punch thru the 6.75p resistance line as supported by 403M bonds and 139M warrants, to then get to that earlier target of 12p. So quite a risky investment as it currently stands for any shorts. Now consolidate those figures at £4.00 & £6.75 & £12.00, then realise that you have not only given the shorts far far more elbow room in which to vacate but you have also given a far greater degree of movement at £4.00 to then ride it down till the next placing or the commissioning of the Phase 1 in one to two months time.

Lol. But If shorts were indeed able to vote, then they would be voting for consolidation.

Thanks Jiving & Trujack

there then appears to be an abuse of both Canadian and UK regulatory procedures if the long standing issue’s in the vote depository system which has been recorded as far back as 2014, have then not been addressed. Will be seeking verification that HL submitted all the received votes and then via the two regulatory bodies.

Altag, i too as a voter for Brexit & this again was carried out as a protest vote against all that is corrupt & wrong with the EU system, which then cost me the loss of several external family members (all with properties in France / Spain) whilst I always fully accepted that A. the vote could easily go the other way & that B. the demographics suggested that we would again be back in the EU within a few decades (by which time the main issues will have been addressed). Both principles were then applied here also ; i even suggested the number of new votes like yourself had washed out the number of votes holding before Feb 1st but that it would still be a close call & not the false results as posted.

The other vote, of lesser importance to me, was the Independence vote and again was a protest vote against Westminster but in doing so i was fully prepared to accept whichever way the wind blew and have done so.

What cannot be accepted though is the ‘removal’ of a vast number of certified votes by an ambiguous depository scheme that then aids the status quo of an ineffective management team.

The figures show that only 1.5% of the total shares were used in voting against AM, which is then quite a red flag as to the integrity of the count.

Thanks LLnP,

I will make enquiry first with HL as to why my votes which were entered at the start of May have not then been counted at the AGM, as evidenced by the E&Y numbers. The vote for E&Y was also inclusive of a vote for the directors of the Renumeration Committee to again be able to set their ridiculously high payment packages. Hence i Abstained. The numbers of which then exceed the recorded figure.

HL will have the responsibility of passing on their clients votes and once that has been verified then will be enquiring of the FCA to look into.

‘.. It’s on solid land for goodness sake. It’s not the North Sea ….’

Still utilises a similar principle of many satellite wells which are all then feeding into a single main gathering point.

And that 8” piping rings familiar..

..when recollecting the Brenda & Nicol developments.

& what was the flow rates of that..