The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
welcome back mate and i hope you recover and be with us a very long time and we see the fruits of Boil.
Im in COPL and BOIL and was waiting to drop some copl gains into this but so far it hasnt gone to plan. I have a small amount in BOIL just so i don't miss the boat :)
Well done Art for pulling this through. The abuse was uncalled for but most of us trusted and believed in you and you have delivered. We appreciate the delays were out of your control. Lets hope you can now get OPL progressed somehow and get the sp to double digits
Welcome CawCaw, i respect your views and the board missed the angle you bring to the discussion.
My understanding is the previously Art had to dilute to raise due to delays etc and not having no other choice. However, now we have Atomic and are a producer. Things have changed and if he dilutes at multiples of what everyones averages are, then is that an issue?
We are all here to make money and if he dilutes in future to get another OPL or Atomic, is that a bad thing? Just putting my thoughts out there
Yes I would leathal.
Back then we had Liberia and OPL. Now we have OPL , atomic and Mozambique. With Atomic we start making money straight away and become a producer and save all the costs and time to get it to produce which is a biggy.
I invested prior to the Liberia duster and have been averaging down since and seen the sp drop from 8p to the lows. Copl has more going on now than it had then.
OPL and the dispute with essar took its toll on copl. If OPL was signed off earlier we wouldnt be sitting on such averages as we are today and potentially we could make more now than we wouldv back then.
Everything happens for a reason and this might just be a blessing in disguise.
Art knows he has to make it up to the LTHs and also that his reputation has taken a beating in past 4 years but we know what he is capable of and he will also be looking to restore some pride and get his reputation back to where it was. I still think in next 6months, copl will be a bigger beast
We need to remember that those contacts/friends/family who helped art raise the deposit for atomic must’v seen something from art to part with their money. He has shown them the multiples they will make back once his plans are executed and so we need to keep the faith. After holding for 4+ years I can understand people’s doubts/frustrations but if we go by Arts behaviour in last 6months, he has improved