Member Info for joey2000

Comeonvog - since then I have come across these companies.
Like I said I would love to see this be a 5-10 bagger but the more I look into it the less likely that’s looking. The dilution put pay to some of that

MRR - possibly, we will find out tomorrow. The problem we have here is that COPl seriously diluted share holders over the past few weeks

Tiburn - nice analysis, I’ll have a look through that.

Nice to get balanced feedback instead of nervous people attacking straight away.

Ok comeonvog we’ll just have to see what tomorrow brings, just got a feeling it’s not going to be as good as we all thought

Comeonvog - their production rate is still the same now but their market cap is still only $30m

I’m not deramping just trying to have a balanced conversation. I was hoping for an easy 10 bagger here, I am now thinking everything is pretty much priced in

It’s not priced at 10p now but their mc is still only $30m

Comeonvog- the was obviously a spell check error and should have said highest.
Iv looked around now and a few companies with this production rate have mc of around $30m.

Looking back to when this news came out the hugest the market cap get to was about $60m

Unfortunately after reading the attached news I think we all need to possibly come back down to earth. Saturn oil and gas are getting 1400 barrels of oil per day and their market cap is only $30m
https://www.globalbankingandfinance.com/category/news/saturn-oil-gas-inc-exceeds-1400-bbl-d-and-provides-operational-update/amp/

I’m starting to get the FOBI. Things not as I thought they’d be today

Wonder if we’ll ever get to 0.4p without another placing for further dilution.
Seems to be the way things go here. Can guarantee as soon as the sp gets around 0.39 another massive placing will come in

Share price

You guys are really clutching at straws If you think they’re getting into mining lol

I don’t think so

Dinosaur bones

Trojan - copl might need some of that tomorrow

Lead

Andy - I’m just doing what everyone else is doing on here, plucking crap out of thin air

Could be something to do with this statement?

Draw down of the Credit Facility will allow the Company to complete the $54 million acquisition of Atomic and its related entities as disclosed on December 16, 2020. Funds from the Credit Facility will be used to pay Atomic the remaining $41 million cash component outstanding to complete the transaction. Atomic will use these funds to retire its outstanding Bank and Shareholder loans, as well as outstanding payables of Atomic and its related entities to achieve a nil working capital deficit as per the terms of the COPL-Atomic Purchase and Sale Agreement.

Theres a difference of £13m between £41m and £54m, maybe it’s this that the money is for