Member Info for Finwittrader

So we know Stas has been caught out time and time again with his rhetoric that the company is doomed whilst buying stock and then later shorting it.

Antha is the latest. An average of 10p yet when the prices were way higher than that Antha was destroying Art on this bb and talking of confetti shares.

So another liar and positioning poster. Despite having little belief in the company and the CEO, Antha chose to purchase more stock to reduce the average down to 10p.

Why would you do that when it’s going down and led badly?

Proven liar Stas said:

“There is no shorting here, Art knows that, it's another one of the excuses he uses as a tack ticks to justify to the naïve the devaluing tasks he needs to perform.”

Anybody want to quote what the current short % on IG is? I saw it was 9% short and 91% long on IG a week or so ago not checked since.

No one is shorting though hey Stas?

For what it is worth, out of our group of traders everyone voted in favour of all the AGM options Inc consolidation. Not everyone was eligible (either not holding or not holding before deadline)

That was 6.723m shares

Read the RNS. Positive with no down side in that announcement. No delays, no shortage of kit and sounds like there will be production gains from the off as the first wells connect up?

This will slip back to around 3.5p which it was at before the massive ramping began.

Still too much uncertainty to value a company which still has not successfully drilled

All hope value

You Canadians are really not happy at all?

Early morning for you Caw Caw

Also Altag, as you say no law firm has ever done anything for altruistic reasons. They took shares not cash…..

Altag. I think it’s a more reasonable explanation to what’s happening to the reverse argument that he doesn’t care about the SP despite his friends, family and self all being heavily invested.

His salary is commensurate with any CEO of a company of that mcap - yea it’s nice and decent lifestyle producing but it’s chicken feed compared to Copl being bought out and his shares sold.

I can understand why some lth think it’s all doom and gloom and seem to be willing on destruction as they’re massively underwater but it doesn’t make as much logical sense as there’s a deal done so SP is irrelevant

I’ve got a nagging feeling that the poor comms are deliberate. When he was trying to convince the bond holders to go big he was as prevalent as Ant & Dec.

Suddenly he’s gone awol for 3 months just whilst he’s negotiating with either a JV, RBL or even a full take over?

Why would he do that? Maybe he and his lawyers know more than we and feel it’s a done deal despite how long it’s going to take so any effort into short term SP rise through comms is pointless.

Imagine Copl is going to be taken over for $4 a barrel based on new recovery data and surveying (the stated due diligence)? You’ve had the info already of what is on the table. So the current SP is irrelevant

Yeah I would agree with that

What are your specific concerns McAdder?

Are you worried that Canada stock exchange is irrelevant?

Let us know the rest?

To tell Art that they are not happy with the SP and they don’t want more dilution at the further cost to the SP

Also to say why did you raise salaries when mcap was falling?

Finally to remind him that he made mistakes in the production like bumping up the m flooding when the gas gather system couldn’t cope etc.

I think he will probably nod and sympathise with the points and say they took decisions in good faith in a complex operation and it didn’t work but now better understanding.

In regards to salary. I’m assuming there was some metric that they achieved (like financing through bonds) and that triggered the bonus?

Well done Yankee. Correct approach

Some words missing in that post but you get the gist

Isn’t the leader of the SAS, Smishman are legendary silk or the like?

Surely he could get on the plane to the AGM? He’d be interrogate better than any other shareholder could and isn’t that the critical aim of that group?

I don’t see what a strongly worded letter will do. If you’ve gone to all the effort to form a possee then at least stare down your foe face to face.

Fastfood you are trolling again.

First you spent 3 months saying Copl are heading for oblivion. Then when that was proven false you’ve taken the attack of JV won’t happen, can’t extract the oil, federal lands won’t be approved.

Shouston rightly says federal land has already been approved for horizontals. Why would it be a difference to drill more on the land already approved?

Would Biden in the current economic and politic climate allow such an easy attack for the Republicans and reject more US produced oil and jobs and wealth when the world needs alternatives to Putins exports?

Not a chance. You are doing what you always do and nobody agrees with your stance.

Have you seen the pitiful values of the trades this morning? It’s no wonder Art wants to consolidate and remove all these chump change traders. Who the heck buys £80 or sells £130 of shares?

Get it consolidated by 1000 and move it onto the US exchange. At least then we can see the end of the free app rubbish.

Saw this on the news this morning. I really hope that GDR can commercialise properly and keep things moving, as for the realms of health and welfare they are doing great work.

I know the SP is low and nowhere near where it was expected to be 2 or 3 years ago, but away from LSE they are doing helpful work.

Fastfood avoiding the question to his trolling again…

Any chance you can explain why you believe 5000 barrels a day are needed to break even when a couple of months ago it was 1700?

$70 x 5000 x 30 = $10.5m

$80 x 1700 x 30 = $4.08m

or $70 x 2000 x 30 = $4.2m

Or are you thinking in terms of net profit per barrel in which please show the workings where it goes from 1700 barrels per day break even to 5000 per day?