Member Info for Isthisawinner

Informative link Shujja, cheers

I think we know more about Copl than we ever did, we just need to find out what Art is planning ( but, I suppose he is limited in what he can publicly disclose ) though, it would be nice to hear his take on where the sp is and in his view why !!!
If wouldn't be the the first time an Aim Ceo/Director released an rns to as to what has caused the demise of the value of the company and how they intend to rectify it...gla
Contact details, for someone who may be more informed than me and than ability to pull him up if he starts waffling...lol
Mr. Arthur Millholland, President & CEO
Canadian Overseas Petroleum Limited
Tel: + 1 (403) 262 5441

Sorry, that last message was in reply to Tiburn's 14.05 message.

JDubb....this interactive map is quite informative

https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.arcgis.com/apps/webappviewer/index.html%3Fid%3D3f7ab99343c34bd3ac5ae6ac8c04d95a/&ved=2ahUKEwijjImDiJb1AhUMYcAKHWlTBk8QFnoECAYQAQ&usg=AOvVaw06-73UgJrpTIoUgV5siceI

Dbh...lol, yep, it may be a New Year but I doubt if we have gotten rid of rats yet. Gla

Here is a link to why Cuda bought into Wyoming in the first place and I think if the downturn in oil hadn't dragged longer than they had anticipated, they would have come good on their investments. Looks like we are starting in the same place they were 3 years ago but we have got all the rewards from their investments to date and we have got it for peanuts . Gla and may the PoO continue to rise as we push to recover from covid.

https://youtu.be/6BAWx3Wf8Vg

Mcadder, yep, those with closer links to Copl still have a few weeks to manipulate the sp to their advantage. Should see some update re Cuda and Q4 results in the coming weeks and hopefully that will be the turning point where they drive this back to its appropriate valuation re its assets, still way undervalued even if we never got Cuda..gla

Purchased Atomic for a rock bottom price.
Outlay....Approx £53mill ( £30 mill debt, £23 mill placings, which allowed for working capitol )
One year on...
Price of oil nearly doubled and bullish atm
Vast increase in oil production (stable figures yet to be announced )
Additional infrastructure added to accommodate additional oil output
First well drilled which incountered several oil bearing plays (results withheld atm)
Approx £5mill working capitol remaining
Recent $8mill placing to fund potential purchase of Cuda's assets

One year on, Copl valuation is £27mill plus £30 debt (minus any debt repayment, cash in hand, cash for Cuda, ongoing revenue ect ect )
Let not forget these figures published when acquiring Atomic ...

The opportunity to undertake this acquisition became available only as a result of the Covid-19 environment and the drop in oil prices during 2020.

• Acquisition has a high NPV asset at a price well below traditional metrics: Proved(P1) value of $101.7mm (net of royalties); Proved + Probable(P2) value of $185.8mm (net of royalties).

· Note: a summary of the Ryder Scott Report in accordance with Canadian Oil and Gas Evaluation Handbook Guidelines (COGEH) is located within the press release.

• Acquisition represents a high ROI > 50%; $2.18/bbl acquisition cost on P2 reserves vs a value of $7.52/bbl at NPV10%. (net of royalties)

GLA......

They keep grinding it down, does anyone know if the liquidator has given a final date for companies to submit their offer for Cuda .

Oil prices have increased and look bullish going into 22..
Come on Copl, give us some crumbs with a little spike to end the year...gla

Looks like Copl have called off their bankruptcy case against Cuda, might/should see Tallin do the same, it allows time for Copl to negotiate a deal re Cuda's assets...gla
"Vacating a judgment can provide valuable time for negotiation in cases involving creditors and debtors. With the proper grounds, vacating a judgment should be considered when a judgment has been entered against the defendant/debtor."

As I said Iron....zzzzzzz

Ironside, don't worry about it too much, go back to bed, we will wake you up when we hear something......zzzzzzzz

Yawn...zzzzzzzzz

Please S.T.F.UP....
We can all see the games your employer's are playing and fair enough, parasites have a right to live too I suppose.
It's your constant dribble that's the most irritating....
You must have earned your Christmas bonus by now, go spend it .....

Now about 32p in the US and running the risk of been asked to leave Nasdaq because their sp is trading below a $...

Sp falling back both sides of the pond .

Not today though..lol,
Settling back a bit atm, let see how it goes when the US opens..gla

Interesting move, he was holding too much, spread the wealth, can see an overdue upward move soon..gla

Us up 11% , UK up 16% atm...