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This is just it. If FD a good thing and JV imminent. 2 Directors wouldn’t be leaving would they ? Certainly not unless they received a huge Pay off ? As they’d know JV good to go..I wonder what their Pay Off was ? Art never said did he ? Open and honest not his forte.

On the Flip side / If these 2 are up for Retirement / would it not pave the way for them to Buy in at 2.99% and remain anonymous ? They obvs party to the direction and near future of Copl. Does anyone know if there’s a Closed period still for the to buy Shares ?

It all Points towards Copl being a Lifestyle Company. They are probably his Fishing mates. I cannot sit here and say I trust anything Art does or says. Because he just papers over the cracks. The list is endless.

Art would do well to substantiate any RNS with clear and detailed Evidence. If he qualified his comms with clear Evidence / The SP would go up !!

Exactly. I do not trust him. Just come out and itemise how you saved the $1m Art..

All the Buys and Sells appear to be correct. Even the switch from 3.5 Sell to 3.5 Buy as highlighted by myself at 8:14. They won’t let this go up for long. More Peeps locked in already. Bondholders still lurking ?

Even I know there’s a 20% rise available somewhere esp at these levels. Note the Bondholders are watching and they must stop converting at some point. Should have bought yesterday but no one’s perfect.

Play Nice. The opening Bell is about to sound..

It’s an honest living.

$1m = £780k only. Tbf that’s quite impressive in such a short space of time. Forgive me for asking for the detail re what he’s cut out.. cough cough…

Basically Art cannot pay them anymore / otherwise Copl is Toast. Lifestyle CEO. He’s very headline grabbing but never any real detail as to what he’s cut out ? CFO is once again muffled.

Could be huge yes. Cash welcome. Sounds good Mal.

None committal now. That was a matter of seconds …

JV in a couple of weeks said Mal.

My only Agenda is to get to the Truth. I believe there is real Risk of Copl going under. The MCap here imo is purely based on Liquidity issues ie : Copl have very little headroom. So we absolutely are reliant on No more Whammy’s. That Production has to go up to above 2000 and grow from there. If it doesn’t / we’re in trouble.

GLA and fwiw I do hope Copl achieve above 2000.

Wookie. There is absolutely No Guarantee that once this new high pressure system that a higher level of production will be sustained. If there was a Guarantee then Art would offer production guidance to the Market and we would not be 3p.

Anyone who fails to understand this is deluded.

People on here talk of No Risk.

There’s always Risk. If Risk was removed then everyone would be remortgaging at 3p !!!! You included Wookie.

If this GGS fails then Copl is Toast.

You’ve made a good point there Eazy. Ask the CFO to itemise every single cost during 2022 and H1 2023 for Copl. $$$…

Ohh yes forgot that. You buy the Gas then Eazy and save Copl a few bob. All costs money mate. Costs of extraction are consistently avoided / overlooked by your good self. 1330bopd of seeet oil. Well ; it’s not so sweet when you burning cash.

The Debt Train has clearly arrived at the Station. That journey is over. But it’s ok ‘cos Art still negotiating the RBL. Lol. No No… The Shares will get Suspended. We’ll get the JV and they’ll pay for everything and then the RBL will clear the Senior Lender for us and then the Shares will be re admitted giving all Long Term holders their money back in an instant and more. We’ll be Rich I tell you. Rich !!!!

Tune in next week to Copl The Musical. Tickets £50. Proceeds go to Art.

That’s why we are 3p. Because none of the Oil produced to date has been economical on the balance sheet. That’s why he must absolutely raise production. But hey !!! Shouldn’t be a problem as we have loads of oil. Trouble is, it doesn’t exactly pxxx out from under the ground does it like our friends in the Gulf.

Hi Eazy. Hope you are well mate.

None of the oil produced to date has contributed to any surplus cashflow. In fact, it’s only added to the debt. And btw. Production has been on the Decline over last 2years.

1330bopd. Does not cover TheBOD / The Tankers / The Maintenance / The Service of Debt via Senior Lender.

That’s why a 2 week Shut down nearly led to a default on Senior Lender. Only avoided by …. Yes you’ve guessed it. More Debt.

I can understand the journey to date. They’ve never produced any economically viable oil !!! It’s cost Millions to produce jack.