The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
I asked before what would be the motives to push value down as it does seem like it’s been done on purpose? Even if it was unavoidable due to his bad luck or bad judgement, it still seems as though he wanted it down here??? Why? Who would it benefit?
Until we get news of increased production or GREAT Jv deal no reason we going to move up, only trickle down short term
Most people on here said a snap flash sale would have resulted in us getting nothing? I asked the question around the time of Rns as I thought our assets would have still given us all a good return from a fire sale, but was told defiantly not?
I think copl will come good, just not as quickly as some saying.
If we doing 5000 barrels of course we gonna be a different company!
Rns wasn’t misjudged, said we a going concern and got diluted which gave us this current Sp!
Can see Art wanting an unrealistic deal and hopefully for us he gets it!
Until we get a good Jv and better production figures our valuation is what it is?
I know we all desperate for an amazing Jv in next 5 weeks if it’s going to be before AGM, but I think might be longer
But where has the figure of 1700 barrels disappeared too that was mentioned in flare hearing??? Totally understand weather has been a problem. We need the work and upgrades done, until then our figures won’t jump up and we are a few months away from those being completed in full? Once we get Jv will that be another case of having to wait for them to do the work, get the oil up and then our share of that along with our own increases then sends Sp up and up with the combined productions over time? What actually makes the Sp go up to the figures we want and expect?
It’s all moving in the right direction but don’t put timescales on things happening as will be disappointed!!!
Everytime Art says a time/month it’s missed, very rare things run smoothly and get done in time stated in life let alone at copl. All I’m saying is don’t set ourselves up for disappointment and once again Art a liar. The Rns we wanted has finally stated It’s all happening, but don’t go crazy if things over run. I just think it’s all going to take that little bit longer like everything seems to in life?
Company gone from awful comms to no comms lol. Again the question is why? We all trying piece together bits of info and either coming up with positive or negative answers. At the moment imo the negatives seem to make more sense, but I have to stay hopeful Art pulls something out of his olexico plan book
Art now has more money to TRY AGAIN to get production up, we now not a going concern so his in slightly stronger position to strike deal with JV who MIGHT have known we struggling and were hoping to get in on the cheap? Yes it’s taking ages and diluted by more nasty bonds. But if get great JV deal we still have good result? Art not going to say I’m not as good an oilman as I thought and my blag to major has backfired!!! Still the issue of that report and thought they were giving us a second report??? This maybes and I just don’t want believe I been tricked and lied to I suppose? I want the penny’s to turn into pounds as broke if it all goes wrong
Depends how easy it is to get the oil out? Art having trouble after buying cuda and atomic! He thought he was going to go in and the oil would just flow for him I think? Then we have the 1b barrels that we don’t know how easy it is to get out the ground either? Both these things are a problem and why we are where we are? We bought them cheap for a reason, maybe Jv partner dragged things on to hopefully get us on the cheap??? Who knows but we will get answers one day
Thanks guys, I feel even worse now. I’m looking for signs of hope is all as I’m struggling to believe Art intended to be in this position. I want to believe his intentions are not under handed and gonna turn this around from now after hitting unforeseen problems
Everyone gonna be green boxed and on jiddys list today if the positivity don’t come back soon! I don’t think Art thought we were going to be down here, I think he thought we hit bottom when he last bought his personal batch of shares. Interesting to see if he buys a few more or like Stas said maybe isn’t worried as knows what’s coming and his average going to be truely passed
Hope it’s 2 and 2 stas or we in trouble! Keep your posts coming please for balance as you’re the only one on here who gets away with saying anything slightly negative which sadly is the situation at the moment after years of us waiting for the £s. So far the negative posters on here have been proved right, only amazing increases in production and JV gonna save investors with high averages. Maybe all the positive people out there have low averages some how even though they saying been in it for years? Must of been trading it then while rest of us been holding?
I got excited over Tr1 to then have it explained on here that it was a 2.2m payment for legals that won’t be anything to do with a Jv, but instead for those lovely bonds. So sorry I found that painful and everyone seems to be earning lots of money but us! Was painful and I vented, unless you ramp on here you get attacked. Unless you think everybody wrong and the shares weren’t in payment?
Sorry Sydney, anyone that isn’t ramping is bashing in your eyes with some motive against copl share price, the SAS a problem to you also? You must love stats posts? I try hard to see this through rose tinted glasses but it’s very difficult at my average and exposure and I get very frustrated like many on here. When Art pulls it off all will be forgiven. Have good weekend