Member Info for llywelyn

Plenty more of that to come from the MMs. They've sat (and manipulated) on this for 12months now, it's like an endowment vehicle approaching maturity for them now, waiting to cash in on the re-rate. Unfortunately, the eco-system for manipulation has been created in part because of the slow and sometime uncertain nature of the extractive industry, it is also aligned to the organised doomsayers strategy. Perfect storm for them really, considering the post-pandemic thaw, and current inflationary pressures. Not ideal, but I take the positive out of that, namely, oil is big business and big money.....COPLs time is coming, 2000bopd in the not too distant future, and more reserves banked, that will be just the start. All good, I'll put my money where my mouth is and buy more. GLALTH

They are paid, without a doubt. It is organised. Ignore or filter, they will prey on indecision and weakness, like Hyenas on the Serengeti. Hyenas have some saving graces though.

Morning all. The usuals, with a few newbies tried the kitchen sink method yesterday on a massive 5% drop. Just chill, playing on emotions at a critical point, basically they want your shares, as PI shares now reducing so desperation sets in. The message from COPL is clear, all will come good, NDA is very much in play. Why?....work it out, it's all that oil what does it. GLALTH

Afternoon all. Low volume day, but still a lot of posting chat with the usual green brigade, mmm......not long now, glad JV is taking a while, so much going on in the background methinks, all is good we're told. Meanwhile the MMs play their games in a depressed market. GLALTH

Morning all. We've been here before and will again. Nothing doing here, it's far easier to create doubt than to foster trust, and it happens time again. Holding strong, tranquil, it's all that oil what does it. JV soon....GLALTH

I've a feeling old Victor Meldrew is on one today. Seems very angry, especially with AM. Something going on there. Maybe in a past life Old Victor was passed over for the Parish Hall Committee Chair by AM, and was always refused the meeting minutes or something. Chill, watch some Vicar of Dibley......there will be a new resource report out soon for you....believe

Afternoon. 'Oil RESERVES are by definition economic and profitable. Oil RESOURCES, conversely, are LESS tangible', maybe agenda posters might try to to infer that a resource report is more critical. Not true. Maybe they should spend a bit more time researching. Embarrassing. GLALTH

Thanks for that post Blackstout, a coherent, realistic and logical conclusion.

This is a complex matter, and one that directly impacts on why I've invested in COPL. We all know by now re: onshore USA, safe jurisdiction, existing transportation infrastructure etc.etc. Most of us are also aware of the pervasive supply shortages in crude, it is a fact that there's been a 40% storage decline in crude in the past 12 months in the USA.
What is not really discussed, as it's all a bit sensitive for western governments, is that the future for oil is very much like the present, despite all the political rhetoric and grandstanding. Governments are promoting renewables, and rightly so, but they're also aligning their domestic policies towards fossil fuel self reliance in order to bridge the inevitable chasm of the time required (and of the hugely challenging conditions that need to be overcome) before the rhetoric is even close to reality. In this respect the USA is and continues to see itself as a swing producer on the global market. It will continue to insulate itself from any geopolitical tensions in the Gulf, it is already weaning itself off Saudi oil (note that Russia and Iran are unlikely to be key players soon). The USA needs to continue producing big, it will also leverage domestic oil production with other countries allied to their foreign policy goals, simply put, it will want to export on a serious scale.
I won't go into carbon capture etc., suffice to say this will be the off-set deficit model, this will right the wrongs, this will be justification, and by heck it will be big.
COPL have lots of oil I believe. I'll leave the carbon capture potential to others .... suffice to say COPL have both.
Have a good weekend all, don't work to hard. GLALTH

Morning all, thanks for some informative posts. It's all coming together I feel, and AM is playing a shrewd game. Clearly, production needs to improve, but getting to 1,400bopd (30% increase) faced with weather, workover and material challenges is progressive. We will see an incremental increase from here, and 2,000bopd is not too far off. Seems to me that the important people in the equation understand this. Establishing a sustainable oil-field/s infrastructure can only be a good thing, and is clearly evident of a company that is forward looking, and is not remotely aligned to some of the desperate de-ramping, which is simply not logical or coherent for the vast majority of shareholders. Arguments that make sense are valid, but there is rarely any consecutive core argument here, apart from the basic 'lights out' ****h.

It still astonishes me that Caribbean John garners a response. This is the person who recently tipped Longboat. Filter or ignore. Please. He'll be off shift soon no doubt as Adrian from Flat 3A is coming round to play Tour of Duty, (or Carlos Slim from the yacht moored next to to his), maybe as it's Friday, there will be Butterscotch Angel's Delight as a treat. Bless.
Have a good day all. It's all that oil what makes me tranquilo, and ever so slightly bullish, not long now.......the MM games are a sure indicator. GLALTH

Our current costs are tight because (not despite) of the acquisitions, these are variable costs and are business enlargement focused which is all very normal for a growing company, this is what makes COPL a good investment proposition imo. This is infancy stuff, the increased production is just a start, 'marathon not a sprint' - sorting the infrastructure out now will pay significant dividends down the road. JV partner will know this

Green boxes appearing. Do not engage. If it's Caribbean (Longboat) John, the you'll not get anywhere. A fantasist cannot reason with reality. Filter

Truth is, only a nuclear war will now hinder a JV. Now that is possible, but in reality?

Morning all. Agree, it's a 'heads up', JV incoming. Tranquilo

Afternoon all. It does make a difference when posters include sentences, punctuation and avoid constant and excessive use of hahahaha...lol haha etc. However if you think these characters have any meaningful influence on the share price, I would disagree. Very weary of such comments. The share price is where it is, because there has been no news and too much emotion attached (and preyed on) by superficial deadlines. It is what it is. I'm tranquil however, the oil is there, lots of it, and when I see non-producing companies with far larger mcaps, I have a little chuckle, the worm will turn. Anyone influenced by a BB for investment purposes should think long and hard about investing. Many an agenda at play. GLALTH

Worth noting this, these are not prospective resources (under appraisal) but given, period; the letter outlining the remit of estimated future reserve report (conservative as also stated) indicates 'RS has prepared an estimate of proved (1P) and proved plus probable (2P) reserves, future production and income attributable to CERTAIN leasehold and royalty interests of COPL'; key here is the word certain - namely it does not mean ALL - meaning there's more to come (however the numbers are already big as posted earlier), a fair bit more. We'll know soon enough. This is the bit the paid green box brigade don't highlight. Simples. GLALTH

Afternoon all. Just a quick one. The RS Total Proved and Total Proved plus probable figures are huge numbers (see RS report in Prospectus), and we can safely say there's more to come. That's not gone unnoticed, rest assured, there's a lot of oil. GLALTH

Morning all. A sea of green boxes on a Saturday morning. Something afoot. No doubt our resident millionaire share guru, Caribbean John in amongst it, so good of him to give the board time on a weekend morning instead of enjoying the trappings of his wealth. I salute thee...
Reading between lines, the inference by the paid spiv squad seems to be a denial of the RS report, and the huge oil find. Not doing the COPL cause any harm here. Denialism seems to be increasingly in vogue, (the far right comes to mind), however the avoidance of facts in their narrative is childlike - on a simple level therefore - what we have is 'don't invest in COPL, it's all a sham, there is no oil, only grouse, and we're really good Samaritans that will spend our whole days/weekend reminding you of this', now that makes a lot of sense does it not......the gamer generation earning a bit on the side for the puppet masters (I'd agree, the grammar/spelling kind of gives it away), that excludes Caribbean John however, who is simply abnormally talented and dedicated. GLALTH......it's all that oil what does it....JV incoming

Morning all. Ignore the noise. Nothing new here, bonds being converted, that's what happens. The big picture is all good, I believe in the correspondence I've received from COPL, good things come to them who wait. GLALTH, it's all that oil what does it

Enough said really. Lots of oil