Member Info for Isthisawinner

Feeling positive now.....let's get this moving

I'm not expecting any news this week of any substance. Cuda is in talks with its bankers re $70 million and I don't think we are going to come to their rescue, can't see any Cuda news until the bankers take control and then start negotiations with us. Also q3 results are not due till next week, sooooo, there you have my take on things atm.gla

Ps. Think we might have a couple of blue days in anticipation though.

OK all, let's get ready for the .....no news..gla

It will come when it comes..gla

Cuda as a company are finished, they are carrying $70 million debt and their backers are going to want to salvage as much as they can. Without the debt, Cuda assets would be sought after by many, but the problem for any potential new investor is Copl, been the major shareholder, they will be calling the shots and so I can see this putting any new investors off.
Bottom line is, Tallinn own the assets, they are bankers and not oil producers. They will want to get as much as they can for the assets, but their back is against the wall... ... can see a lot of hard negotiations going on behind the scenes, but think we will get Cuda's share on our terms..gla

Illusion...the Alberta sale ain't happening.

Calgary, Alberta–(Newsfile Corp. – September 30, 2021) – Cuda Oil and Gas Inc. (TSXV: CUDA) (“Cuda” or the “Company“) previously announced that it had entered into a Share Purchase Agreement (“Agreement“) to sell all of the shares of Cuda Energy Inc., a wholly-owned subsidiary of the Company that holds its Alberta assets, to an arm’s length private company (“Purchaser“) with a targeted closing date of September 30, 2021. Cuda and the Purchaser have mutually agreed to terminate the Agreement, as a mutual condition precedent was unable to be satisfied before closing. Cuda will continue to engage with its advisors and proceed to review other sales alternatives for the Alberta assets.

On Indivior's phase one study using our molecule C4X3256, hopefully good results. Gla

Can see Art paying a small cash sum and some new Copl shares, total approx $25/30 million. If our ( confidential atm ) new well is a new oil strike, then Tallin get all their money back plus more....Good for us and good for them..gla

They have called in their loans and want payment by 15 of November or they seek bankruptcy. They are owed $70 million plus, so where does that leave us ?. Tallin will have to take a hit if we are to buy them, can't see Art offering that kind of money, even for all their business.

Crazy trades as you say, the sp goes higher as the sells go higher, hope it is good news on its way, my portfolio could do with a bit of propping up.gla

Could be a disguised buy, let's hope it is...gla

Must be some news on its way, its well overdue...gla

Is happening to this company ?
Some serious game playing going on and the sooner they achieve their goals, the better for all here, as this sp is a total mind f..k atm.

Only winding you up, chill and wait for the bigger picture.

We have a comedian amongst us...lol

This is flat-lining for a reason, might announce a a cash and shares deal for Cuda....

I agree about Trev, but get the feeling he has bigger plans for this little egg. I'm guessing we are just at the start of a good run as our products seem to be well received and can see demand growing.gla

Back up it goes...
New plan will take time but we're getting there..gla

People, let's not forget our plant is relatively new . One of the biggest environmental issues with oil recovery is flaring, we do NOT flare, all our methane is injected back underground and on top of that, we purchased other oil companies excess gas too. If that wasn't enough, I think I remember Art saying that our electricity supply comes from a renewable source...gla

A new well....

2nd quarter flows were more than anticipated and they needed to add more infrastructure to cope withe extra volume, this additional work would cause a reduction to ongoing rates as it was rolled out.
Now, can everyone stop the panic and look at the positives, rates are better than expected, price of oil has nearly doubled and we have a new which may be a game changer...