Member Info for Isthisawinner

Is just a smoke screen as Copl desperately tries to find funds to keep the lights in....
At the start of the the year we were doing 60k a month with new wells plan and hopefully 5k a day, but NOTHING BUT EXCUSES SINCE !!!
The oil and our cash has virtually dried up and the debt holders will want their money back before any pi gets theirs...
We the high oil price we could have had a chance, but the hedge has stopped any hope of that....
Don't get drawn into by the subtle ramping that's plain to see is happening here...gla

Cheers

What was the previous ticker here ?

They should make a film about Art's adventures in Wyoming...
I can't believe he actually saddled us with so much debt to buy Cuda for their share of the oil output and then waxed the field up reducing their output too....

Don't be in a hurry to sell, lots of fingers in lots of pies and positive vibes re the IPO.....give it another few months

Seem to be slowly heading south again, what a shame, I thought it was starting to rerate with the possible IPO....Just have to wait and see...gla

They must have plugged the leak....

If so, let's hope its megggga...gla

Sowing the seeds.....if we get the finance via the IPO....then rockets...gla

I think you'll find I never said that

Could say the same to you...time will tell..gla

Patientzero, what bit do you not get ?,did you not read up on the details ????.
They said they would be raising money in the IPO, so I just don't get what you keep raving on about...
Kibo will grow once it IPOs and starts to bring on more power infrastructure, so, in the time being you either buy or walk away depending on your view of them now and their sp....gla

Yep, do agree with your comments but...if they do manage to IPO and raise the funding they need, then, as I've said before, it will transform the company ....all down to the IPO..gla

Looking good....roll on 2023..gla

Anybody know how much Volicity has cost us for our 3-4% holding ?

StarKnight, I think your confused, that transaction has nothing to do with velocity.

Seeing that Art is blowing £2 million a month from cash reserves and seeing that production hasn't improved over the last 4 months I think we can safely presume that we have about £2million cash left and its depleting fast....gla

Re how much money they are blowing ever month...
Q2 financial statement

· A cash position of $11.5 million as at June 30, 2022 as compared to $7.8 million as at December 31, 2021.

Q3 ..financial statement

· A cash position of $5.7 million as at September 30, 2022 as compared to $7.8 million as at December 31, 2021.

Yep, looks like we sold £40k worth, at today sp value, we still hold about £360 k...don't know how much we paid for our holding ...

This week could get exciting..gla