Member Info for fatsuperman

I'm with you Wacca... the '/s' at the end of my post means sarcasm

Peace

You say that Jade, but I bet you hadn't realised this one...

Crude oil and natural gas are commodities that are sensitive to numerous worldwide factors, many of which are beyond the Group’s control.

I hadn't realised that COPL didn't control all factors relating to the price of oil and gas. Suddenly I'm super-nervous about my investment. I should have invested in one of those other companies that doesn't have this horrendous risk.

Thanks for the nightmare Brock.

/s

It will be interesting either way Shaa. In a normal situation, surely an administrator is appointment who will try to sell the assets to the highest bidder. It's difficult to say who would be interested in the minority stake (other than COPL), where they'd have to fund a portion of whatever development plan we have, without really being able to influence it much. Perhaps then we would be the only ones interested. You'd hope that a 'distressed seller' would mean we get a better deal, but then perhaps that would prompt others to become interested - might be a small'ish stake, but if it's cheap then maybe it's interesting - thus pushing our price up.

You can of course go round in circles forever with this line of thinking!

Go back to bed SABY, you are properly boring everyone now mate.

6greens, that's because you are investing. The majority of people on LSE are not doing anything of the sort. They are gambling on which 'get rich quick scheme' will get them rich. It'll just be pure dumb luck if they stumble in on one at the right time.

Sorry for the double-post, wasn't showing on the fatscreen.

https://www.accesswire.com/640572/Canadian-Overseas-Petroleum-Limited-Provides-Second-Bi-Weekly-Status-Report

"...the Annual Filings were to be filed by no later than April 30, 2021 and the Company will be in a position to file the Annual Filings on or before that date."

https://www.accesswire.com/640572/Canadian-Overseas-Petroleum-Limited-Provides-Second-Bi-Weekly-Status-Report

"the Annual Filings were to be filed by no later than April 30, 2021 and the Company will be in a position to file the Annual Filings on or before that date."

I agree Brel, although the fly in the ointment for that new ISA investment is that you can’t actually buy COPL yet :) :)

Not too long now though...!

No no, I'm not on that site. And that person looks to know a lot more about oilers than I do. I've read back quite a few of their posts and they have a reasonable and balanced viewpoint. That site is really weird, but it doesn't seem to be a festering pit like most of the LSE BBs! :)

Yes, that particular poster on CEO speaks A LOT of sense.

It is a properly dirty calculation, but you should see the number after Charlie puts the same PE that 88E is using. ;)

Thanks HB. Do you have any reference to the 15k BOPD plan? Would love to have a look to fuel my excitement a bit more :)

Fats

StrayMan, it's looking more and more likely. We needed the EPO to protect the long-term, and to secure better options for mine financing / partnerships. So, after EPO finally finished, the action plan is;

- Complete DFS (set up exploration camp, execute drill campaign, execute site analysis, resource analysis, flow sheet design etc, all the various trade off studies needed).
- Arrange mine financing
- Build mine
- Plant commissioning

We'll be a little over a year on the DFS. I'm doing some investigation now into what the price action was during DFS for comparable companies (ideally small cap miners in Africa - only a tiny number are lithium, but the general trend should hold)

Absolutely, Bob. That's the news I wanted to hear - we have kicked off! DFS started, no extended delays etc, it's moving. I'm starting the stopwatch now. :) :)

REALLY pleased that Don Hains is involved!!

I know what you mean Bear. I've never been invested in another Oil exploration stock, as it always feels like a total gamble as to whether you'll hit oil or mud. It's much closer to gambling than investing, and I don't see how anyone can claim to have a formula. Unless you have insider info, you are guessing.

They are valued at £450m now, wow :|

A similar MC would take us to a bout 3p...

A member firm may apply to the Exchange for permission to effect trades in a security in which trading is suspended by the Exchange. Permission must be obtained in respect of each proposed on Exchange trade.

Guidance to Rule:
Normally permission to effect trades in suspended securities is only granted to enable the member firm to:
(i) fill a short position which was acquired before the suspension or prohibition was imposed;
(ii) complete a derivative contract;
(iii) wind-up a deceased person’s estate; or
(iv) create or redeem shares in an exchange traded fund

Reference from:
- RULES OF THE LONDON STOCK EXCHANGE
- Attachment A to Stock Exchange Notice N05/19
- Rule G1513

And that's my point Steward. NONE of it is GENUINE is it? And yet people engage as if he is trying to promote discourse. He is simply saying WHATEVER the hell he thinks is going to influence people.

I don't think just saying 'I'm trading this' is an excuse to behave as he does.