Member Info for GL77

Jeb VRS as a comparison was a company that had a sustained seller. When that seller was gone they more than 10 bagged. Unlike VRS pxen makes a decent profit. I expect when our seller is gone our rise will be even better.

MyIPA I hope that you are right and when we get the next well permit our increased revenue can cover the costs.

I am hoping that when 36_2 has reached testing and production, we will have some kind of hint as to what percentage of our billion barrels is extractable. This would put us in a strong negotiating position in any joint venture discussion. How would this effect the potential for an increase in our market cap? My guess is we are going to be rich.

Sadly for me I didn't have the patience with emerald energy and sold out. This time around I am determined to stick with zephyr. The key moments I am looking forward to are 36_2 testing, 36_2 production, announcement of joint venture talks and a joint venture agreement. I expect our shareprice will be considerably higher when all this is achieved.

If my memory serves me well there was once an oil company called emerald energy who were in a somewhat similar situation to zephyr. When the problems they had were resolved their share price went up by many multiples. I hope the same happens here.

Will there be a cash component to the Cole creek joint venture to help pay off the wonga financing? Will the JVP fund the new wells with copl receiving a share of the profit? How many barrels a day do we need to break even? Is the GGS going to increase production enough? Is there still going to be a 1000 to 1 consolidation and dilution? Are the board now determined to act in a fiscally responsible way? I have too much uncertainty, distrust and loathing of AM to buy any more shares here at this point.

Well done middle East on making back the money that you lost here. I am hoping to do the same with zphr and pxen. I hope that the joint venture is real and not another made up carrot. I also hope that the GGS is a success. If it isn't I think it will be curtains.

On reading the annual report my impression was that in order to increase sales and profitability. Completion of the granulation plant is a priority and that to finance this Keras are in talks with its business partners. Who are they I wonder and how long will we have to wait?

Frustrating as this delay is it does provide an opportunity to top up at a reduced share price. I may add more to my holding if the money becomes available.

What a pleasant surprise. Instead of contemplating our ability to remain solvent. I can relax and consider how undervalued we are and what improvements we can look forward to.

So we no longer have to wait until the 17th. Just seven days to find out on Togo. If we do have to equity raise I hope it's enough to get us moving and clear our debts.

Fingers crossed for July 17th If Togo start coughing up our compensation money perhaps we will get a big leg up in the share price.

I deeply regret having bought in here. I am hoping to make the money back on pxen. At least they have a low pe and a board that draw a moderate salary. Pigs with their snouts in a trough comes to my mind whenever I think of copl.

Questions I have from the RNS. Was enough money raised to see 36_2 through until production? Will there be a further delay and another raise to pay for a new gas facility? Will they begin a limited production using the old one to fund the new one? I will wait and hold and see what happens.

The captain isn't going down with the ship. He is the reason we are sinking. Meanwhile he is grabbing all the silverware he can. I want someone in charge who will fight to keep us afloat.

Stas thank you for trying to save copl. I have voted against the consolidation and also to say goodbye to AM. I would like to see the top executives of this company volunteer to take a peppercorn salary until we are out of the financial more. I would also like to see the JV offer put to a shareholder vote. All the best GL77