Member Info for Intothedeep

This wont move on this p1ssy volume .... a dozen or so £1000 trades aren't going to move this ... it either needs the MM's to be short of stock (last friday pre that RNS) or a lot more buying pressure =ii's getting involved and I dont think that will happen until the RS report is out.

Art has said we already have a number of ii's invested just they aren't over 3% .... IMO that will change in the next few weeks.

1.2-1.6 billion barrels of OIP underlays COPL lands.

The key for me is what recoverablity % will the RS report next week state .... Art has intimated a few times 10x current recoverable reserves .... now what will that do to the SP, maybe another 1pence I guess :D

Re production .... of course Art has been holding it back ... its says that in the RNS - they have been constraining the high pressures. Now IMO they have been deliberately not rushing to fix the issue until CUDA was secured ... but they can't openly say that .... but now look at the RNS today "The optimization and associated increase in oil production is expected to occur from August 2022 with a ramp up in activity at the Barron Flats Shannon Unit"

So just happens that the plans to increase production start AFTER the CUDA aqcuisition ... he's a wiley one old ART ;)

I've run out of lemons though :D

BUT I have a **** load of lemonade now :)

1st August UNHEDGED production at 85-100% ownership PLUS the start of the opening of the taps. Whats not to like ?

Were does this 60m come from .. .total paid for CUDA?

RS report is "1 or 2 weeks away" .... lets see if he sticks to that timeline as this report is backing up all this refinancing and the future of this company

We are pretending to lend you $25m but you actually get less than $20m.

Not sure were you read that HeresHopin .... it says they will use 19,7 to pay for CUDA ... it does NOT say thats all they are getting !!

"which will lead from Q3-2022 to an increase in the Company's share of oil production from certain of its Wyoming assets. "

Expect July production to increase ... they have been holding production down until CUDA was approved ... now the floodgates will open.

Blue .... can't see MM's being able to keep holding this back by going NT all the time, just put a limit order in.

If you all just report them for disruptive messages they will get banned very quickly

Holding us back. As soon as the bid hits 20p they dump. We will need a lot more volume to get shut of them

Sneaky reporting those buys late that occured during the big rise this morning ..
Naughty MMs

Hope you topped up HB ... I got mine in earlier on ... momentum is building

I get the impression that the MM's are struggling to control this ... they have been trying to collect stock for days now.

Last time this took off from 16p it went to 40p in 2 weeks .... we should go a lot faster and higher this time around with CUDA and RBL all but complete

Can't see it .... or are we now saying tomorrow

lot of jam tomorrow here

Yep, slightly better odds on being right if you say "Transformatioanl decade", LOL

News will arrive when Art wants it to .... if you've been in this for any length of time you know he's a law unto himself and won't pamper to PI's concerns.

"Closing of the acquisition of the assets of Cuda Energy LLC by COPL America Inc, is anticipated to occur sometime between June 18 and July 18, 2022."

Id expect MM's to drop this if theres no RNS on the 18th .... good chance to top up

1 cow in a 100 acre field isn't a herd, LOL

Can't see there being any sale announcement before or at the AGM, based on the change on language in the last AGM.

BUT .... the BOD really need to say somehting to shareholders at the AGM re the sale ... and not the usual its stil our primary strategy and we are in discussions with intersted parties bla bla bla ..... thats all we have heard for years now. IF its the PRIMARY STRATEGY then we deserve to understand CLEARLY what is happening.

Are they still persuing a full asset sale or are they stell messing about with several tranasactions?
Is the party that did DD still at the table?
Have they actually received any offers?
Where are the license transfers up to - promised nearly a year ago?
What do the BOD believe are realistic timescales to complete any sale?