Member Info for jiddy123

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The price of West Texas Intermediate (WTI) crude oil is expected to reach an average of 102.47 U.S. dollars per barrel in 2022, according to a June 2022 forecast.

shaa - we will need a great return on our investment to keep pace with raging inflation LOL!

DYOR udaa!

GBX 22.00
7.06%
+1.45 Today

What is a cuda rs updown?

Near Bankruptcy Bolton!

Treefern - patrick is the doofus!

Where is the irony doofus?

Treefern - how very droll!

patrickd369 - my comments were not ironic!

You are yet another one liner merchant!

That is pure cobblers patrick!

CUDA has an Appeal deadline of 18th June - that is only eight working days away. Have a little patience!

The draft IRR has already been delivered iMHO. This will NOT be a five page short story, so AM et al will be pouring over the finer details & getting clarification where required. The Report will be announced to the markets AFTER CUDA is finalised. Better to have two good news stories delivered separately. This will then hopefully prompt a road map for RBL refinancing & FD delineation in Q3.

Stock like COPL can move quickly in an instant - the SP is still nearly 50% below pre-suspension levels. As I have mentioned before, I was in 88e in March 2021, when the SP went from 0.29p to 4p in three weeks. I truly believe that something very similar will happen here, although I am NOT sure of the timing. i am NOT going to risk moving my holding here under any circumstances over the next 6-9 months.

We all have our own investment & exit strategies, so stick by your guns & do what you think is right for you.

GLTA genuine holders!

Tiburn - your post @ 8.53 says it all very eloquently! I am holding for a £2 exit.

The only downside is an inability to refinance for some reason, although that reason is not evident.

OMG, it's "ONE SENTENCE PER POST" sparkz adding his usual valuable contribution!

14 days from 4th June ie 18th June as mentioned this morning

Turning blue as we speak - GBX 22.22 1.00% +0.22 Today

I fail to see the downside from here IMHO.

I have also noticed that Gaffney, Little, Chenery et al are cajoling AM into greater communication with investors. I am sure that today's RNS may not have been posted in the past. The main priority now is to refinance, so the CUDA close will be sooner rather than later - obviously the fourteen day appeal period has kicked the start of the close period back to 18th June.

The next 6-9 months should prove pivotal for the Company, & I for one will be keeping my 150K close to my chest.

GLTA genuine investors!

I have a feeling that it will be sooner rather than later, given the imminent RS Report & the prospective RBL refinancing. We will have more income & a greater WI to persuade a high quality Lender to stump up the cash.