Member Info for Finwittrader

Oil price almost a pointless discussion right now as with the hedge returning and Richardson and Cowan not bothering to boost the EOR with NGL then production is too low to take advantage

If they had of bought the injectant as they stated in the RNS then it would be over 2000 bopd and making great profit.

Well since it a little ‘heavy’ for our Tommy Boy, our resident trolls have slipped away not to be heard from. Looks the pay for drivel fund is empty.

I did see one a little bit further down the board who has started a new name to suggest that the legal challenge doesn’t exist (why don’t you ask Tommy boy on that one newbie). Seems the new one is one of the baby trolls as the big gruff ones are long gone (contract ended).

I see today regular 10m sales going through. That normally means our friends are clearing off bonds or interest bonds.

So whilst Cowan, Richardson and their cronies are still here it’s not investible as a share.

It’s why the investigation will continue until these scammers are arrested and due process delivered.

Whilst Anavio are here you cannot even consider putting money into it. The more that comes in, the more they dilute.

Even now if the SP heads upto around 0.13 then they would only convert more bonds or interest payments and flood the market with sells. They can dilute upto 30bn so that makes it pointless for PIs

Only hope is a deal is done for Anavio to go and cancel all their bonds and warrants, but how much money will that cost to do that and how much dilution is that going to take?

So the list goes on and on….

Richardson oversaw the whole dilution process and illegally aligning the director team with the bondholders. He abandoned all his fiduciary responsibilities as he did as his previous companies and ensured the bondholders were put above the welfare of the company, the senior lender and the shareholders.

Jon Cowan as CEO approved the RNA’s in regards to EOR and injecting NGL after Richardson’s appalling dilution deal with Anavio suggesting the money raised would go to stimulate the field back to profitably.

We now know that this did not happen so the company was unable to sustain itself and chose to go back to Anavio for more dilution and destruction of shareholders. Where the money actually went to is a question but of less importance to the act of engineering the company decline to allow Anavio to take control.

Cowan it is time for you now. Let’s see what the investigation brings up on your history.

Agreed Stas.

Cowan has got away quietly in the background so far as the concentration on Anavio / Tennyson group makes sense in the short term to stop the dilution further. No one will forget who let these crooks in.

Thanks Bertie. I get your frustration - there have certainly been a few frayed tempers along the way with this share.

When you start to read and understand the level of manipulation and corruption from those involved like Richardson, Cowan and Gupta it makes you sick to the stomach.

When you see that individuals like Winnifrith are involved and the issue with paid posters it makes you furious.

Bertie, my understanding is that the shareholders action group was set up by a group of high net wealth individuals who have both the time and the resources to pursue this and once their lawyers give the green light, next steps would be shared with the rest of the holders.

They’ve certainly made an impact in my mind. Where does all this valuable investigation information shared on here come from? Have we seen changes in activity by the main protagonists since they got involved - yes! If you’re involved with similar action elsewhere then you know lawyers are always several steps ahead of what is allowed to be shared publicly.

I am patient to wait for RBMs emails whilst knowing they are moving quickly. I’m sorry but your post seems a touch disingenuous and doesn’t ring true.

The authorities certainly don’t enjoy a vacuum….

Now what were the trolls saying about the FCA being toothless :0)

Are you ok Llewelyn?

You seem stressed or irked last few days on this bb? Just seem out of kilter

Only needs some unscrupulous types to arrive en masse at his old house and I’m sure the new owners will oblige with sellers new address if they happen to know it

Richardson still showing as living in his Didcot address which has been sold.

Naughty boy not to update the authorities

The bonds were certainly given to you and I assume you have money to Copl, Anavio.

So why did Tom not buy the injectant gas? You only need to look at production figures to know that TR made no effort to buy the gas needed. So production collapsed and the company lost money and all that cash went to the directors like Gupta, Gaffney and Richardson.

If you had followed your fiduciary duties you would have done the one thing the company needed to get into profit - bought gas and injected it. By now it would be nicely in profit and it certainly wouldn’t have needed more Anavio death spiral cash in December or Jan.

No gas. Fraud!!

Yes it’s clear his involvement here isn’t it?

The quick Google search that us mere mortals did to find this information seemed to allude Mr Winnifrith on a share that he was pushing the short on (in his share p rophets posts on Twitter)

So same point RBM makes of Richardson, was Winnifrith complicit or just totally inept?

So he was CEO of a company that had a horrific health and safety record while there and he was CEO of a company that saw its SP collapse by 98%.

Then Gaffney and Anavio thought - I know just the man with little regard for safety, shareholders or staff but can do the job we need.

TW in all of his messaging never once mentioned any of this. This would have been gold dust surely for an investigative journalist. Then you look at TW’s links to the players in this scam and know why he didn’t mention any of it. It’s appalling.

That’s correct Genghis. I wouldn’t read too much into the short term drops if you are holding as an lth. It’s already been a golden share in 23 and will likely be so in 24.

Trading is not for everyone is full of risks. You can be burnt badly trying to jump around and can also do really well if you strike well - depends on your risk appetite. It’s certainly not a perfect science despite what some small Frys try to pretend it to be.

I’m sorry if I have sowed any concerns to lth in the past couple of weeks but I’m still believing in EEE and will by back and more once I’m out of my current cycle.

I took a haircut on my holdings here first thing this morning and two opportunities came up elsewhere.

I have reduced my holding here in the past two weeks but fundamentally still believe in this stock strongly. It has such a bright future but profit is profit.

I’m back watching this share as it’s done it spike cycle again awaiting news. I’ve always bought and sold this in the sub 3p range and sold at 3.2-3.3p.

Unless news arrives in the next 4 weeks natural attrition will bring this back into the box.

Welcome to all the new traders who have stumbled across a very troubled company.

I used to love trading Copl and did really well for a long time and then took a loss on the final trade. There really isn’t a head of steam building up here yet so be realistic it will move around its box until an interest conversion is announced or a full bond conversIon at which point it will return back to the 0.04 range.

Still the end of Feb is looming and we do not know at all what happens then. We have debated the potential plays by both Summit and Anavio but won’t know the outcome until then.

In the meantime, the share action group continue their legal challenge against the scam players involved and the authorities continue their dialogue with the BoD and funders.