Forgive me for some butchery here but doesn't the 55% refer to the area shared with Cuda and China and then 85% is the area shared with just the Chinese company. It's not wonderfully clear but I think the 55-85% line is in there to give clarity to the wider holdings of the company and not in direct reference to the new discovery. It then goes onto explain they own 87% of one of the new discoveries (frontier) and 77% of the other discovery (Dakota) under the COPL leasehold.
Ridiculous to think we're looking at Nigeria as the catalyst. Already sitting on a hugely undervalued asset bought for $65m with $20m ready for more cheap acquisition, actually unbelievable. Will be topping up, knowing real value is there for the mid/long term investors.
You'll have to forgive my naivety, are there many comparisons between the three other than consolidation and the industry they are in? Are they producing or do they have assets of increasing value?
Ah Joey, the Piers Morgan of COPL LSE. Fuelled by attention and producing zero worthwhile contributions. I imagine having 20 posts this morning dedicated to him is the pinnacle of his week/month/year/life. We have bigger things to care about.
LB8, sounds like you are over extended. I'd strongly suggest to research your investments more and make sure you pay the bills before exploring investing. I hope when we relist you can cash out and pay the outstanding payments on your finance BMW.
Seems a strange take rammer. Do you mean that you think the general market doesnt care for MCAP or is that your strategy? I'm sure someone knows the breakdown of influence normal Pi's have to big public investors but I'd imagine the share price is determined mostly by those that value MCAP above share price.
Seems a strange take rammer. Do you mean that you think the general market doesnt care for MCAP or is that your strategy? I'm sure someone knows the breakdown of influence normal Pi's have to big public investors but I'd imagine the share price is determined mostly by those that value MCAP above share price.
You're talking emotionally LB, what suggests the "Main deadline" is the end of May in that statement? Wouldn't it be more correct to see the end of May as the earliest they expect to relist and June 30th the latest they expect to relist?
Yes, it's not about share price, it's about Market Cap and even then the minimum is £700,000 to list on LSE.
Full list of requirements are here...https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.pwc.com/mn/en/capital-markets/assets/mn_successful_listing_in_london_eng.pdf&ved=2ahUKEwiWrbqr5_bvAhWMhv0HHZq9C2YQFjABegQIAxAG&usg=AOvVaw0n7pRJZoUKp7YgcrKILRyt
I'm just wondering when we think the next piece of the puzzle will be revealed? I'm hoping the use of "bi-weekly update" last week means we're in for another one next Friday. Will 16 days be enough to get some sort of tangible indication of the success of the miscible flooding?