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Noob the 23/24 hedge is actually for 14 months i think, when you work it out it's similar to the 22/23 hedge.

Mean't to put LOL on the end Yacht.
But for me spread betting on shares is wrong , no problem with spreadbetting on sports and alike,
i don't know about you but i always bet to win , and the only way you could have made money on this share is to bet on share price falling , perfectly legal , but not right that people can bet without ever owning the shares and effect what happens to those that do.
If you bet on a football team losing and win the bet it does not affect the dissapointed fans of the losing team ,betting in shares does have an effect.
Just morally wrong for me, sorry Yacht.

Great work once again from Tiburn & Tedoboy,
And if you are interested COPL pre Atomic was one of the companies included,
( Download Details on which companies are included in each industry ) top left of page.
Global by industry , bottom of page ,
No 30871 copl oil and gas exp / producers.
GLA ( but not shorters & spreadbetters )

Good Evening Tiburn,
Tried to find out what happens to their US holdings,best i could find was this,
https://www.lexology.com/library/detail.aspx?g=3166b4c3-ce11-42b2-8ef3-5f5d26170463
Section 2 of Broad Exemptions to the CNOOC ban seems to imply that if we are a JV then they and us are unnaffected but it is not crystal clear i admit lol.

LoL :))

Ccould be a lot of that going on if things go to plan hoping !,
brilliant one of your best ever.
GLA.

Ironhide i don't think silence is an option, not only are all the people on the various chatboards annoyed at the mode of announcement, if the email was genuine there could be regulatory implications ,because shareholders were not informed by a RNA first.

Agree totally Tiburn timing is the key here, AJ Bell email a total **** up AM must be seething !!!!
I sent an email to cathy on Friday evening no reply as yet .

Once again your summation is detailed and accurate Tiburn, wonder if arty has been forced to act for the reason you finished with , maybe one of our larger neighbours would consider Cuda even with all debt a small price to pay to gain all the advantages of artys progress and if cosidering trying to take us out altogether it would be a good place to start.

Apoligies for mispelling of subject lol Deeeeerrrrhhhh.

Good Evening L & G's
Consider this , we have discussed before that Arty wants to build a Billion pound company,
if the action in a tight market was buying not selling the last couple of days then positions taken ,
if no news on sedar to night to confirm or deny what will happen on monday morning.
RNS early one of 2 scenarios occur we fly or we flop.
Could this have been allowed to happen , ACCIDENTLY ON PURPOSE ?????????!!!!!!!!.

Lads and Lasses to avoid dissapointment as i recall it in interview he said "next several weeks ". GLA

correction 115mil.

showing 150 mil on ii.

Volume just jumped nearly 20 million HFB

Good morning Ladies & Gentlemen,
I wonder if we are perceiving the market situation in the wrong way.
I think the mm's still have a lot of overhang to get ride of, even with quieter trading they are reluctant to drop the bid unless forced buy a blitz of selling, their response is to close the spread to disguise what is going on , they want to get rid of shares.
Traders knowing this are playing in out all day if anyboy has the ii mobile app the is pretty good although delayed is updating all the time on price , volume and the more accurate share chart , today thus far one large spike and two smaller spikes , yestreday between 10:30 and 15:00 it was up down up down enough for quick profits to be made indeed it is a traders paradise
Arty also under standing this will be reluctant to drop news unless he is convinced he can break cycle encouraging enough buying to change the situation.
Thursday often a poor trading day anyway.
Shaa i also think any of our brethren who also playing this game will evntually get caught out .
FUNDERMNTALS DON'T LIE as HFB today and our respected posters are constantly pointing out.
GLA.

Shaa hopefully you are right ,but no matter when it happens it will happen , your possitivity has been a highlight of this board for a long time , wti rising all the time and positives on production as we go forward, keep the faith , the last part of the Cat and the Mouse was partly aimed at you, got a sense maybe you were getting a little heat
( from your better half lol ),i hope iwas wrong , if i was apologies.
All the positve minded people on this board ,are of the same mind ,
Arty will come up trumps for us at some point.
GLA

The second part of hopefully a Trilogy hopefully,
Before I start these are just thoughts not predictions.
THE SPRAT:
COPL and AM of course is the sprat , AM in the past has said he would like to build a billion dollar or even better a
billion pound company , but no disrespect to him time is not on his side,
He has made a brilliant purchase in Atomic,and is trying to maximise its potential as quickly as he can ( within the
constraints specified by the senior lender ), he is showing great judgement , the miscible flood way ahead of original
predictions , the hedging of gas prices for 5 years ( could turn out to be a masterstroke the way gas prices are rising ).
The new discovery in the deep unit which could also be transformational ( with multiple plays and opening up nearby
federal leases as well and other subsequent drills in a schedule down the line and possible acquisitions of other
leases nearby. Cole Creek opening up already prepared but as yet unused wells.(and more drilling to come )
Trying to maximise everything he can as fast as he can (not helped by the FCA keeping us in suspension for so
long)
.
WHY

THE MACKEREL.

As mentioned above AM would like to build a billion pound company , the quickest way to achieve this in addition to
Atomic would be to pull of his original plan ( and the reason I joined this merry band lol ) , NIGERIA , although we
are hampered by poor government from there,delay after delay + Covid , they now realise if they do not get their act
together they may miss the boat altogether.
Bill finally passed ,licenses changed to speed up production or they are forfeited ,so our joint partner Essar will want
to move quickly if 226 is reinstated , well head already established so only production testing required ( presumably
1 st oil in the agreement between us and them ), so then uprate of licence and on to full production.
This leaves AM with a headache , dump Nigeria possobly sell 10% or find a lot of cash to fund 10% and even more to
fund 30 % and on to be the billion pound company and the multibag share we would all love to have.


To achieve this he will need luck with the timing, ii's and financial institutions on board that trust his steward ship and
judgement,and most importantly his good news at strategic moments and to best advantage.

We know he has been talking to ii's and the like ( just to get the share price moving maybe ) but maybe he has a
BIGGER PLAN, if this means some getting in on the cheap for a brighter future for us all then so be it.
I am as frustrated as everybody else with the machinations of he market and for the last couple of days
compounded with more global aspects, but it will be worth the wait,

GLA to all the coplers, maybe Arty is doing a better job than we understand at this time.

Good afternoon ladies & gentlemen,
The cat in this scenario,
the mm,s ( who make their money on churn and spread )
,the traders (who make their money on fluctuating sp ),
the ii's ( who make their money on sound investments ),
the mouse is copl,AM &the pi's.
The first cat in this game was Hadron a very impatient cat that annoyed he was not allowed to play with the mouse for 6 months deciide to wound the mouse the first chance it got and walked away.
The second cat the 3 listed above prefer a more patient approach seeing opportunies to play with the mouse in many ways, to extract as much value and pleasure from the game as it can.
The mouse trying to survive and as they often do escape from the cat which loses concentration briefly or gets bored with the game.
So to business,
Hadron are gone (we hope ).
The mm's because of the number of shares churning have multiple opportunities to make money of us.
The traders and ii's, every back office analyst with an interest in this company know as we do that the MC of this company is a minimum 4x the current value , so traders can play it very short term, medium term with almost no risk, ( if they bought last monday and sold on or before friday minimum 5% return on the week ).
The ii's know the same so can take advantage of the situation to build positions for the longer term
AM i think is being careful knowing opportunities to escape the game must not be wasted so while trying to let us know good news (The deep unit )for example ).
And so we must wait until the cat is finished with us, (every one is impatient including myself ), but quick fag packet calcultions show we could make more than our current MC next year alone, ( i am sure some of our esteemed brothers can do a much better calculation than this ) and that is just from what we already have + mf ,with no news or dicoveries added.
As my esteemed brother (also one of us ) keeps telling me how else could make a 400% minimum return on investment in 2 years.
And to important others of people who are investors on this board take heart , your partners judgement is correct and the rewards will come.
WHEN THE CAT STOPS PLAYING WITH THE MOUSE.
GLA.

Well found LiveLong,i was trying to find the answer to that one as well.
The plot thickens lol.
Lets hope we have said goodbye to.38 lol