Member Info for Intothedeep

sounds like they are already talking to multiple parties about either JV, or a full sale

Andy Y, leapt on the question about a full sale. ... surprised he didnt start shouting SHOW ME THE MONEY

No interest in producing, so forget 2028 ... this is going to get sold for a LOT very shortly. Own75% have al the licenses, done the exploration .... line up line up

nobody has asked about how they intend to pay for the drill? i.e. when is the farmout coming and how much wonga ?

yes its on

HFB what does this mean "Real LSE book still rising , now crossed £27k" I see you linked it to the big daily rises last week

Terrific a couple of decent buys but the last 19 trades are all sells ... so the SP was 2.2% up and is now 3.4% down.

We had 10 down days and 1 up day yesterday ... people getting a little carried away on same old same old trading pattern

... and still our glorious leader hasn't produced an RBL or JV or significant production increases

Juicy buys? where ? all I see is a number of 100k sells going through and the SP falling .. yet another possible blue day snuffed out

Only 1 parcel, so no biggy... and not on Rns about broker warrants so tghy are gone.

MM's have absolutely destroyed this after weeks of NT to buy, can only hope that when the news starts to flow (within days) they will make a market

i might be wrong but the point is that Oiler is saying COPL wont get an RBL and will have to have some sort of new equity raise .... without any evidence as usual

they can't put an RNS saying the broker warrants have expired because the derampers will get called out for saying they were all being forward sold the last 2 weeks .... oh but they can always drop back to the bondholders still selling I suppose :)

looks like someone dumped their remaining stock at the bell at 16p 27.7mill. Maybe its the people that dumped 200 million at 10am and completely killed the rise that was underway.

hopefully they are gone now and we can recover into Wednesdays update

Edge I have looked at that presentation many times - slide 10 Cole Creek is NOT within the BFDU boundary, its to the left of it - BFDU is in Green line

As i understand it the JV is BFDU only, not Cole Creek. CCU is peanuts - 4000 barrels per month

Not convinced, the BOIL ride hasn't even got started ... the RNS hasn't even landed yet

what are peoples thoughts about the JV and how it could be structured?

Are we going to share costs? How much of the future revenue do we give away? Will there be a cash payment from the JV partner to secure a % ownership?

yep .... thats a good move anyone reduced here earlier this week and bought there to come back here as the SP has fallen again on B all volume.

too risky a move for me that ... I'd much rather just sit here and endure the pain :D

boil at 29 now .... hope people get out with a nice profit and dont get too greedy.

Bring those profits back here :)

should be out on WOGCC Monday 31st

I'm expecting 50k ... it would be good to be back over that level.

Would be nice to think that COPL can do that if JV news is what we hope for.

Next week Art will do me nicely thanks