Member Info for jiddy123

Whatever the outcome, we should know the answer by the end of March IMHO.

rammer - I am sure that the bidding process for CUDA was confidential, therefore prohibiting AM from disclosing facts & figures. Read between the lines my friend!

Apologies for the error hfb, but you get my drift!

RNS - 1st December 2021
The net proceeds of the Placing, in conjunction with COPL's other financial resources, are intended to be used for a bid for Cuda Energy LLC, or its assets, through the receivership process mandated for Cuda Oil & Gas Inc., a non-operating partner in COPL's Wyoming assets, and for general working capital.

The amount of money raised in the Bookbuild was very specific ie $8M - AM must have had a heads up as to the likely cost of purchase & the competition involved.

Great content Tiburn as always - my educated guess is Scenario 2 & the Capital Raise.

The more I think about it, the more it becomes clear that CUDA is a done deal. The reason for my thinking is pure & simple, as the last CR was exclusively for that reason. I may be wrong, but I don't think so!

GLTA genuine investors.

Brombarb!

We had a candlestick merchant on 88E - oh yes Lefkosia. What a ....!!!!!

What rhymes with Vox? Oh yes, got it!

It may be very helpful for newbies & other posters to revisit the Proactive interview with AM in January.
https://www.proactiveinvestors.co.uk/companies/news/970761/canadian-overseas-petroleum-nearly-fell-off-chair-after-light-oil-discovery-in-wyoming-970761.html

It will go up & it will go down!!!!!

There are NO answers to your question - nobody knows jack until news arrives!

topbrewer - why do posters always ask questions that have no answer?

A bit of background reading!
https://www.rpsgroup.com/services/exploration-and-development/reserves-and-independent-reporting/expertise/competent-persons-reports-cpr/#:~:text=We%20aim%20to%20respond%20to,local%20office%20contact%20details%20here.

36.25 GBX
+3.25 (9.85%)

Once the CPR hits, then there will be nothing to stop the SP.

36.25 GBX
+3.25 (9.85%)

They can believe what they like - a 1.5-1.9B RNS Announcement cannot lie!

I am just waiting for the impending FOMO stampede.

Bolton - the Discovery has already been announced, it just needs to be ratified!

35.00 GBX
+2.00 (6.06%)

9,51% on Goog!