Member Info for dusterhater

And with a mc of 36m + debt (£50m). So £300m - £50m(debt) = £264m / £36 = 7.3
So share price should be 14p × 7.3 = 102p
So sp should be £1 at the moment not including new discovey.
I think we are going to see some nice big blue days coming up as we rerate to proper value.

I had a quiet couple of weekends - I have better things to do. Unlike one or two of you I could mention lol

Doug to be fair Cuda is / was bankrupt if Copl is bought out then obviously will have to pay off all debt copl may have.
So for example £1 per share + the take over company pay off all debt

Yes I agree shouston - like I said number 1 is improving existing production to max numbers so as for number 2 to be able to happen.

1)If Art can improve existing production numbers to a good / reasonable amount.
2) Hopefully the above is enough to satisfy bankers criteria for a good RBL.
3). Prove up at least one well in the new discovery proving the oil can be barrelled in good numbers per day.
So the next few months is vital
Time for Art to shine.

How much % would a major want and what would copl get for it?? For example 49 % of assets
In exchange for how many drills initially and self funding additional on going drilling of more Wells.
And ideas on sp if all wells producing at good numbers.
?

Xenor but did not copl buy atomic / Cuda on the cheap - Cuda being bankrupt.??
Let's hope that don't happen to copl.
Sell yes but not on the cheap.

Well I'm not quiet so easy , I like to tease a bit more - maybe £1 and they can have a nibble

We have to prove up at least 2 Wells before we can put up the for sale sign, if we can get some decentb barrels per day then yes I think JV or sale will be on the cards here. But we must prove first imo

I reckon will be a good week next week - hopefully some better than expected news regarding production and a nice little bounce back to the 20p's
Guys don't let the foooooookers grind you down
Have a good w/e all holders

Certainly is spooking people as no one gets why
Holding strong though as hoping to see a reversal after monday

Getting there coplnoholder - as it stands looks like we owe you an apology - this is like a real pile of crape at the moment

If Mondays results are better than expected.
This would give a good boost to the sp.

One thing is for sure here
This is a right sh it show
And the average pi is paying for it.
Let's hope art can turn this around.

Can't see it
There would be shareholder revolt

Anyway if 13p is their breakeven I would suggest this is about the bottom - not worth selling anyway if 13p is the bottom.
But a good time to buy if you have funds - will not be this low for very long. Imo

The discount was. X - 20% = 16.75p
They have already had the discount you Rodney.
Imo

Have the broker / accountants warrants been converted?

Well if they can sell down to 13p a nd under 13p is at a loss then this must be the bottom as they will want to make a small profit at least - so why would anyone want to sell now based on that info.

Thought it was cut paste job lol