Member Info for longrass

Im praying for a multi bag as currently 92% down.... As wookie mentioned earlier I am reluctant to add more until we have credible facts in an RNS before thinking about averaging down. LTH value wiped out here and needs massive return for most to recoup their position and make a return. All on you ART!

Dont know if anyone else has noticed but for the past two days we COPL has not been on the LSE top riser board even though we should have been!

Good to see some blue on the board with a nice buy at £15k. Hopefully a good sign that not much buying pressure will translate into positive SP movement.
No update from the BOD before xmas is a little disappointing so I guess we wait to feb.
GLA

Hope you are right mate! It would be good to get more regular communication and updates. Its been too quiet from CEO.

I noted some posters raising the consolidation word. Question: would we see this as a positive or negative move and when do we think such a move is likely?

1. Fundamentals
2. Patience

In what timeframe please?

well done LTHs! Had a wee top up this morning at 0.32

Hi folks,
I have been 'painfully' holding the last 3 years with COPL and hopefully now we can envisage a future that creates value for us all. Also, many thanks to the great posters on this board which has been reassuring to say the least.
With regards to the PSC extension can anyone shed any light on the pre-condtions of this being awarded? I would assume a fully funded (which we are), rig test schedule and availability and complete drilling programme would be pre-conditions? If that is the case the next RNS could be really great news?

GLA

Sorry, why is the drop from 10m to 4m so significant that news is pending?

From last years 2019 outlook (rns released 28th Jan 2019):

2019 Outlook:

· Project financing for ShoreCan due to be completed by the end of Q2

· Appraisal drilling on OPL 226 scheduled for mid-year

· On track to bring four appraisal wells onto production at a forecast rate of 6-10,000 bpd by the end of 2020

· Complete negotiations and execute a PSC with the Government of Mozambique

· Complete a production acquisition

Arthur Millholland, President & CEO, commented: "We have made significant progress over the last year, having secured financing from an African-focused commercial bank and a global commodities trading firm, which will allow us to capitalise on the significant production opportunity that our offshore Nigerian asset represents. With the potential for significant near-term production at OPL 226, we are focused on ensuring this comes on stream as soon as possible, with the first production well scheduled to commence drilling by mid-2019, assuming all steps of the process are in order.

So Art, why the delay?

GLA I hope this comes good as its been a painful ride!

Ok fair point everyone - apologies to the BB.

GLA

What was the personal tragedy?

Well said Bas - total disregard for shareholders

Did you have a curry last night Bob?

Two business days left for AM to provide us with an RNS. Drilling in Q3?! Funding?! NNPC?!
Only hope left to cling onto with this share I'm afraid.
GLA - we need it!

Hi mcadder, how come you are so positive?

EGM - need to force a proper, informative update. Enough BS

Guitar do you think we are close to news now?

Cheers

LG

Folks,
For such a large buy I assume this would have had to have been worked throughout the day to free that many shares? Does this mean there is no or minimal free float available?
GLA