Member Info for Hindhead

There are some on this bb who contribute helpful thoughts and comments, free of ramping / deramping or general “chicken-headlessness” drivel.

The asset has considerable value and the management team appear IMVHO to be doing a great job. Time, the price of oil and the insatiable demand for oil and gas are all on our side.

This time next year…………

Thanks Jim for your thoughts.

AIMHO GLA Jog’lers

Todays volume GBP32k traded, sp drops 8%. Yesterday GBP81k traded and sp knees went to jelly and we lost 9%.

Hopefully yesterday and todays action will be a brief consolidation and the upward trajectory will be resumed soon.

In need of some positive news and numbers from the BoD.

GLA Chill'ers

#Mafee agree with you. I started buying again at 2p and have continued to add over recent weeks. Bought again today as IMVHO there is deep value here - the asset will at some point be monetised (with or without the incumbent management) and the sp will reflect such.

Would be very nice to see the sp higher prior to a jv being announced.

Carpe diem and GLA Copl'ers

Another day of good volume reflecting in part the inclusion within the FTSE250 index.

Further institutional investment will support the sp growth as well as HTGs inclusion within trackers.

GLA

MA inspires confidence in AXL and the path they are taking. Underlines the tremendous value of great leadership.

AIMHO GLA

#Cyril its not worth reading js messages, i stopped ages ago, just waste of time and nonsense but each to his own.

Yep I also like DU's very helpful and inciteful comments on JOG - keep it up #DU!

BTW there's a gaggle of rampers on LSE pushing panr - they've also infected the #copl BB - such a nuisance.

GLA Jog'lers

#crawshaw thanks

#officer where did you find confirmation of their elevation? Thanks

HBR sp remains stuck at almost all time lows.

They have reduced debt, FCF up, good opportunities in Indonesia, acquisition opps in the NS (JOG???) and perhaps the remote possibility of EPL being reduced. Added to this is the growing demand for O&G with restraint in supply.

All this at a current divi 7.5%.

Carpe diem!

AIMHO GLA

#seahawk - IMVHO I dont believe that we can expect or want great leadership from the new "interim" CEO - his appointment was a copl variation on musical chairs. His "leadership" will, again IMVHO be directed and instructed by Anavio and probably the JV partner, as yet to be named.

GLA

#mafee you make an interesting point. I'm also interested to see that the sp is using the resistance of the 50 day ma @ 3p and has since the beginning of August, suffered from vertigo when it got to around 4p.

AIMHO GLA

Quite happy for slow +ve progress with sp. Managed to get in initially at 220 and would like to keep adding as believe there is value here, free of ramping and yet to be discovered by the herd.

AIMHO GLA

With Barclays and RBC targets >400p hopefully will sail through 300p on back of continued growth in energy demand and pricing. The 50 day ma moving in +ve direction but volume needs to move up. Perhaps todays capital markets presentations will generate wider interest.

AIMHO GLA

#panama I think in this instance that Anavio and the yet to be named JV partner are the "joint No 1's". Without them and their direction this shake up would never have happened. IMVHO The current BOD is surely temporary (no salary but potential of mega bonus if they keep the ship on an even keel) until contracts have been signed and a competent management are installed following JV or T/O. AIMHO GLA

This is possibly a transformational moment for COPL - in a positive sense. The changes within the BOD have derisked this investment IMVHO substantially. AM is allowed to do what he does best whilst the integrity of the asset will no longer be threatened by (what has so far been) erratic management control. The BOD now being rewarded on success and performance rather than just "turning up" is to be congratulated and a strong positive. The JV partner has obviously been instrumental in these developments which presumably would not have happened without their insistence - further evidence IMVHO, that the JV or possibly outright T/O are fast approaching and "baked-in". Wouldn't want to be out of this for a day let alone weekend :)

AIMHO GLA

Bounced off 3.7p and potential resistance @ 4.57p unless there is some positive news. Whatever its all part of building a base which will hopefully be higher than the mid 4s when the desired RNS lands.

Still great value and adding.

AIMHO GLA

Harry I get your pov re the MMS but can’t blame them for everything. Every forrest needs its scavengers. We are where we are (3.85p) largely because of actions by the BOD. Yes the MMS tickle and shake and weak hands fold and then try and buy back in but if the PI’s and wider market had greater confidence in the leadership, the volatility would be less (I’m not questioning the quality and integrity of the asset which appears top).

I am actually positively surprised how little trade there was today, suggests perhaps the market are beginning to see the LT value which should support a gradual rise in price. Not saying lower is not possible but hopefully the panic is now over and we are building bases.

IMVHO this remains a great point to add (my average is 3.72p) and I hope / believe that in the end this investment will be a success. At some point we are going to pump a vast amount of oil for which there remains an ever growing demand - not ignoring the following CC potential. However this investment remains top of my risk pyramid and I’m following it with great interest.

AIMHO and GLA

On weak volume looking for the bounce @ 3.76p

AIMHO GLA

#LLP Appreciate the analysis. Looks like growing good news. Still adding at these levels

AIMHO & GLA

Well that brief tick up shook out a measly 800000 shares. What is the point of trading this for a few hundred. The prize goes to the LTH and a whole lot less stress but each to his / her own. GLA