Member Info for Finwittrader

Back in the real world….. production improves and a future JV will accelerate that trend once complete and underway. Counter that with the regular bond conversion and interest rate / arms length payments.

If that production moves month by month northwards then you will see a small SP rise. Not some of the crazy hikes others are posting.

The big SP rises will come once bond conversions finish or SL is cleared off either by JV cash injection (if that happens?) or by paying off the debts from cash flow thanks to production hike.

Long way to go, if you’re trading then fine just trade. If you’re wanting to LTH in an ISA then you know as long as production improves month by month, then you’ll be fine in the long run and well rewarded.

So truthful in previous RNS when mentioning about the production then?

Did you Simmo? You took advantage and bought shares in a company that you described yesterday (in trading terms)

“Bond holders bailing at any level as know Copl are soon to run out of money with cash burn.”

So you bought in a company that is rapidly running out of cash? Wow you’re more stupid than I thought, or just a liar?

I’m guessing the shorters closed their positions last week at the end of the month.

That’s how a market can control a share where sentiment is poor and you’ve got a mass of people who shouldn’t trade giving up their shares despite fundamentals.

88e or even Matd have almost zero fundamentally. Copl has a big opportunity but people listen to those that tell them ignore the oil and look at the trades.

That’s why it’s good to trade here. People like Simmo make my life easy.

My first thought was that Anavio can not be holding 40%+ when a JV and then future T/O will be on the cards.

The sudden urgency to dump is being forced by the pace of negotiations- the radio silence, the GGS being completed and the re completes all happening.

As Anavio, they’re hardly in that much of a cash negative position that a couple of £million from bond sales is going to affect them; also they wouldn’t speed up unless it benefited them.

The only thing that benefits them barring a sudden massive rise in the SP is a catalyst even that would lead to the massive rise in SP.

I’m with Stas here. I actually do think the JV is imminent now and not a figurement of Arts imagination.

Makes trading interesting. There will be a drift lower potentially whilst waiting but then there could be a red line announcement where you’re locked out

Well Viking. I did tell you in advance that that was what I would do so hardly surprising.

I’ll set up the same buy and sell points next week too.

Billy are you retired?

Well that’s it under the 1.8 mark. I thought it would probably bottom out just under 2 when I opened it, but now I can’t see anything slowing this collapse down to probably 1.5-1.6. Nothing imminent at least.

Sold with 16% margin today. Decent trade on my 3.6 buys and better on the 3.5s

I’ve set up again for next week

Pilot. You said previously that Copl needs 5000 bopd to break even. Do you still believe that’s the case?

Simmo. When I posted earlier I think i probably had you in mind. I sincerely hope you are being paid by someone to post, because if you are not and you actually have your own money in this, with that lack of intelligence your family should get a POA to stop you using your bank account.

Lo and behold, limited supply for MMS to go crazy with as they’re already sold days ago.

If they had that many shares to clear, the price would have dropped 25% already. So it’s just normal trading going on.

You lot deserve to lose your money if you’ve no idea what you’re invested in.

Money already taken and invested in GGS etc. Bond issue doesn’t give more money and again you know all the bonds will eventually become shares so why are you moaning?

Equally why are you surprised? Every time there’s a glut of sales in big numbers two or three days later the Bonds RNS comes. Forward sold every single time.

It’s such a blatant pattern yet you post like you’re shocked by it?

You’re like a traders paradise as you have zero understanding. The bonds will be issued every single month until the full billion shares are in issue. Accept that. Counter to that that the production will steadily rise so the company will get wealthier over time and its company value.

Production will increase even quicker if the JV of RBL are signed.

Then one day the company value caused by production increases will exceed the debt and you can divide that value by the number of shares in play and see a true value SP. Or the production looks so exciting that a take over approach is made which values the company at barrels of oil booked x $ per barrel.

There’s your big fat pay day when it happens.

Meanwhile today MMs will drop the SP and it’ll get fuelled by traders or bed wetters. As the bonds are already sold and gone, then supply will be less than MMs want so price will then go back to probably around where it is now.

Benny brain dead was proved wrong though :)

FF. Any chance you can apologise to all the LTH’s on here? The ones you taunt all day and all night.

Before you say Art should do so, take responsibility yourself. We know your history btw ;)

Well that’s the first of my buy orders triggered at 3.5 for 100k. Let’s see if the others get filled?

Owl - you were calling people out on other boards for months. Where are you now?

Only a few months ago hey Benny? Ramping away on here.

bennyblanco

Posted in: COPL

Posts: 307

Price: 7.75

Strong Buy

Great to see9 Feb 2023 10:10

Really amazing to have risen to 7.5p from 6p. Shows great momentum and the future looks outstanding. Lots of news due, billions of barrels, Exxon , refinancing. Prices is unbelievably cheap…great buying opportunities BUYTHEDIP(this is the dip)

Doesn’t seem anything is going to stop this constant drip feed of sales.

2p sale gone through. Now offering 1.9p on the bid

Wow this is now getting dangerously close to my buy order. Looks like the 3.6p order was too high perhaps?

Only a few months ago hey Benny? Ramping away on here.

bennyblanco

Posted in: COPL

Posts: 307

Price: 7.75

Strong Buy

Great to see9 Feb 2023 10:10

Really amazing to have risen to 7.5p from 6p. Shows great momentum and the future looks outstanding. Lots of news due, billions of barrels, Exxon , refinancing. Prices is unbelievably cheap…great buying opportunities BUYTHEDIP(this is the dip)