Member Info for EyeGuy

The funding requirements even for initial work would be $10’s millions but I suspect that any farm / finance package will be down to DD on the asset and not related to the share price here. So maybe inatant 10 bagger on decent finance package

someone seemingly wants in and doesn't appear to be "punt money" Im already in now but they are not my buys

Anyala field will be developed along with the nearby Madu field in OML 85, which lies approximately 20km northwest of the Anyala. Madu field has a simpler structure compared with Anyala, but also has oil and gas discoveries in multiple-stacked reservoirs. Madu development constitutes Phase 1B of the integrated asset development plan and includes drilling of five oil development wells.
Production from both Anyala and Madu development wells will be processed through a shared Floating Production Storage and Offloading (FPSO) unit that will be positioned in Anyala. The FPSO which is currently undergoing upgrade works, has a processing capacity of 60,000 stb/day of oil, 25,000stb/day of water and 39MMscfd of gas.
As part of the gas monetization plan for the asset, both associated gas from oil production and the non-associated gas developments from Anyala and Madu fields will be routed to a gas processing hub, which is planned to be located in Anyala field and designed to feed an export line for the local gas market.

Page 15 - copl license next to Antalya oml 83
http://www.canoverseas.com/wp-content/uploads/2019/05/COPL-Investor-Presentation-May-2019-FINAL.pdf

Then :

A phased development strategy has been adopted for the full field development, with Phase 1A consisting of five development wells in Anyala West. Two appraisal/pilot wells were successfully drilled in Q2/Q3 2019, to ensure optimal placement of the development wells. The two wells discovered upsides in hydrocarbon resources, as well as additional development opportunities in Anyala West. Development drilling is currently ongoing in the field from a Conductor Supported Platform, a novel technology that provides significant cost savings and improved delivery schedule, compared to a traditional jacket platform

May get some today. Been looking at this and there is activity in neighbouring location.
http://first-epdc.com/assets-opportunities/
Possibly they have hit something decent or maybe finance news.

pointless trying to ramp or deramp. bigger players at work. just getting dragged along upwards

think we should be seeing £3 on this. holding for the ride

Surely a quick re rate to £3-4 is on after that rns

Got some. Pain in the arse to buy any

Think this will be back in double digits over next week or so. Dropped too far any away. With increased mining capability and increasing BTC price only going one way now

Spread brightened a bit. Let’s see if this can go on a run now especially with BTC improving

Squidy- even accounting for the placing and extra dilution NPV of TK is about 10p per share here. And that does not include upside from TK or the Saudi project. Imo it is too cheap at that. Plenty of upside

O and W- flipped placing pal. That’s it

Looking good to push higher now.

Ok. Leave it now. Just read previous post

You serious? The equity subscription should automatically value Kefi’s implied valuation at multiples here if you take the same metrics.
You’re putting a limit on what you define as a spike to suit your own trading agenda. Similar to when you were worrying the shares would go under 1poy
3 weeks ago. Folks selling out due to your predictions wouldn’t be too happy. Your just trading swings here pal. Don’t try and pretend otherwise.

I’m not ramping. The subscription price is at a significant premium to the SP here. In other words private holders can buy shares in the project at a significant discount to the subscription price. That’s fact

Bid going up and spread has tightened

Shareminator- he probably sold and wants to get back in again. Gl pal

Well Earthling - you said this less than 3 weeks ago.
“I'm afraid so, I can see us going below 1p again before the New year at this rate.”
The SP is 70% higher than your inaccurate prediction now. Your motives here seem very questionable