Member Info for maidit308

Indeed, and it's so strange that volume dried up 3pm from 120m on Tue, and ever since we have been getting weird trading days as if everyone is holding tight to there stock ?

anyway if as suspect'' AB is still in DRC and as H50 SAY'' silent on X, and we all know he loves to chat'' then you can bet your bottom dollar, that he is not coming home without the bacon..

The Stalking Horse Purchase Agreement, which shall occur no later than March 23, 2024,

so now it has all gone through, lets see if they will hold a GM of shareholders as they promise in the first court filing and if it's not a D4E swap as i cannot see anything to that effect, although nothing is off the table with this lot, I can't see why not, and why we should not get a return

Big G will owe us a FKN lot of money once this first one goes through, and IMO that's why there inside man have been trying to hold up the already awarded payment, but as I say if we can get him on our side by greasing his palm a little bit he may speak to the right person to let it go, after all he is the go between in all this, the other party that is also owed money has already agreed on the £7.5m..

get what you can AB, come back safe'' and live to fight another day

GL

ATB

But I have been in a lot of Micro stock on AIM, and they are all the same 97% of the time, funding funding funding until the shares in issue go into the billions and as soon as they think they are going to hit the big time with an acquisition or Contract, they consolidate take those few million shares you have accumulated, and give you FK all in the name of you will still have the same money worth, LOL!! then funding funding funding continues until they do it all again, I'm just about fed up of them all TBH, 50% rise one day and 40% drop the next.. its probably better to have 2k shares in BT / TESCO / BARC / VOD than to be looking for riches out of these C--NT'S, but as human FOMO takes precedent, and we do it day in day out, argue amongst our self on every BB who was right who was wrong, for no FKN reason what's so ever... as all these CO don't care, as the Law only protect lenders ? and that law will have to be overhauled big time, they have had it good far too long, CO like these and many others have been robbing there investors for far too long WE NEED IT STOPPED

is there any safe Micro stock out there i wonder, i thought HE1 was safe but Funding call and leave shareholders to rot and sweat for 2 month got in the way'' and if you don't take your profit at 3p you get left holding the baby ?

FK knows

but hope we see something back here, on such a huge asset, but not holding my breath as i have also been caught in CINE and know where it could all lead to once suspended, with the case in USA and not govern by English Law another worry'' but this is not CINE and the CO and lenders still want to see operation Continues so fingers and toes cross for at least something back, if our argument fails...

But we are suspended and at there mercy'' in this unpredictable Saga that seem to be forever changing''

10th JAN RNS''

7. COPL denies any speculation that there were any efforts by the Board to depress the value of COPL's assets and undermine production efforts for the benefit of Anavio or anyone else. The Board members had no reason or incentive to act in such a way and in fact, and have recently retained a third party expert to evaluate field performance and development options going forward as well as financial advisors and a restructuring specialist all with a view to maximizing value for all stakeholders including COPL's shareholders and all with the approval of the senior lender. In the absence of the Fifth Anavio Financing, it was the Board's considered opinion that the only alternative was a distressed insolvency sale process which likely would not have yielded any value for COPL's shareholders.

Next Steps

The Forbearance Agreement committed the Company to the following:

1. Subject to certain conditions precedent and the continued compliance with the terms of the Forbearance Agreement, the senior lender agreed not to exercise certain rights and remedies, including foreclosure, that it might otherwise have as a result of the default(s) under the Senior Credit Facility until February 29, 2024;

2. The Company is required to complete the Fifth Anavio Financing by January 15, 2024.

3. The Company was required to appoint both a Chief Restructuring Officer and a financial advisor whose identities and scope of work were both subject to the approval of the senior lender;

4. Within 45 days, an agreement with the senior lender on a process and milestones for either a comprehensive sale of the Company's US assets, a foreclosure of the Company's equity interests in its US assets or a "take out offer" in an amount satisfactory to the senior lender.

5. Within 30 days, a business plan must be delivered to the senior lender that includes proposed steps and terms for the sale of the Company's US assets.

The Chief Restructuring Officer has been appointed by the Company in compliance with the Forbearance Agreement and the approval of the senior lender and, like the members of the Board, has no business or other relationship with Anavio.

The Board is also exploring ways to allow shareholders and other investors the chance to participate in an equity placing.

11th March RNS

the CO believes there is little prospect for a return to shareholders & bondholders

20th March court papers say there will be a meeting of shareholders after the DIP CCAA have been implemented ?

so we can only hope that we will still have our day'' and that GM chance for shareholders to still participate in any equity placing and we come back to Market leaner but cleaner at some point'' if it's still meant to be

GLA

A brand with inclusivity at the heart of everything'' I think although it's been slow to implement this RTO, BRAD have done well in choosing ITS a ready made CO that is just starting to turn,

I'm sure we will here something soon...

GL

Silence is golden for sure, lets hope the next big volume day we see won't be T20 settlement closing out from last month.. and it's with substance, but if all else fails as nothing is a given, we are still lucky to have 100% GOLD that is still at the highest price in history.. and off course an IPO in ELEP shortly

won't be long now I should imagine

Patient

OK, HP'' but how very convenient to bring rollover of 114m shares in the buy column that does FK all, on a special not so special day ? the mind boggles with these casinos, never fail to excite... with there rule changing on Buys V Sells and game playing with us suckers... dropping the price for no apparent reason, that i could see for only 9.8m sells, other than smoke and Mirror when they think news could be close

anyway get back safe AB that's all that matters, knowing what country you are in... we want you to get the cash but your life is worth more, stay safe

What was all the excitement about yesterday'' x2 20m buys x3 10m buys 8m 5m 7m 3m 4m 2m 1m and others, then today nothing ? perhaps they see that 1 code and heard various whisper that AB is on his way back from DRC with the cash ? FK knows

but what a different a day make on our stock Market, filled with expectation as a tool to keep us guessing / hoping, and losing while doing so

GLA, hope it's before weekend for all concern...

and AB could do with all the encouragement and luck that he can get in these delicate times, in a country that is corrupted beyond belief''

GOOD LUCK AB

ATB

Thanks for that H50'' and if he is still in DRC, and a bit longer than the couple of days he alluded to in that interview then my solmisation is that he is not leaving without the cash even if he has to - $200k for the go between that is holding up proceedings.. as £7.3M would still be a reasonable good result, AB did say he don't intend to give him nothing out of the £7.5m award but i think shareholders would like to see him do a U turn on that rhetoric and come away with most of it...

AIMO off course

GL

ATB

The Applicants therefore seek

authorization to postpone the requirement for any future annual or other meetings of COPL’s

shareholders until after the conclusion of these CCAA proceedings. ??

THAT'S THE ONLY BIT OF LIGHT FOR US AS FAR AS I CAN SEE, AND AS IT SAY AFTER CCAA ?

but in the meantime the CO can continue operation pumping out the oil @ 1000 BOPD and pocketing the MONEY'' BAHHH, one can only hope they will throw us a bone when we do get to that shareholders meeting considered... as it looks like the court is going to give them the go ahead for the $11m DIP with the old case argument they have lined up''

in the meantime many thanks to everyone for trying, and still fighting our corner while this is still ongoing

ATB

COPL intends to seek Court approval to launch the SISP on or around March 18, 2024.

I would have thought it would at least be today, but I think they have covered there A---SS by saying on or around the 18th ? but I have a feeling the Judge may hold up any decision until he have a proper look into all the SHT that has gone on, just like CSE not suspending COPL the CO did say they are still waiting for an answer from them in that regards ? and to this day still have not update us on if they have that answer in there possession ? does anyone knows if COPL is still trading in Canada ??

lot of SHT seems to be going on well above my pay grade TBH, I'm just a humble investor trying my luck bottom feeding like everyone else, and got caught up in the game LOL!! this is the 2nd time I have been caught by ART the first time before name change and consolidation of shares, another huge lesson learnt is that if the SP is too good to be true it usually is....

my only hope for us all, without digging and digging and driving my self mad, is that the CO do a complete U turn and do a proper funding call where all shareholders will be involve, and we can get back to producing O&G before suspension is lifted, so we can return to Market with a SP of at least the 2.6p base bondholders issue and move up from there

see if we get an update in our favour before weekend

GL to everyone involve and stuck in this

ATB

IMO they are so short right now that they would just about squeeze under the bottom of the door, got to be NT to buy any at the moment surly ?

anyway we will see if CD1'' got it right tomorrow...

Well someone did say WED, he could be right, as the volume on the buy side does not seems to be stopping

GL

Manipulation nothing else that i can see...

Must be huge indeed PD1'' and as always the Dirty BSTRD will beat on small SP such as ours especially when game changing news is expected to catch a few sells...

but we are not bothered, with 48m buys to 9m sells ATM, so they will have to lift the price back up at some point one would have thought

regards

Well something is certainly coming gone BLUE''

GLA

Yes hidden figures, long winded, design to confuse, perhaps to show the court that they comply with shareholders demand before the case today

but i think it's too little too late for 2023 TR1, it shows a company running scared after weekends new revelation of shorting by the same

caught in a web of lies and trying to wriggle out like a worm LOL!! not funny but that's all i can see

We don't rightly know ANGUS'' but if you was to go back and listen the link to please follow like and share Podcast, on what has come to light about suspicious shorting by bondholder to depress the SP to nothing, to get it suspended at ZERO and grab this substantial asset on the cheap, it should certainly give us all hope that things could reverse in our favour, see if the judge grant there request tomorrow knowing what is in public domain ? and if the CO will come out of hiding and do a complete u turn on this malicious plan, and call a GM of shareholders to get the funding they will need to continue operation, and IMO, because bondholders already collected and made a profit on what they lend us by allegedly shorting from a lot higher SP, what we still owe to them should be written off..

but all in all we are all still speculating on an outcome to this huge can of worms, as we still have to prove what we think we know in a court of law, but by digging and posting we may appeal to there better nature as to giving us something back on any BID sale...

Regards

Https://x.com/ActionCopl/status/1768976002502324359?s=20

worth a repost just incase eyes from within is looking in, and may need to respond officially to allegation of shorting there own stock at 4p, before re-pricing of bond @ 2.6p and i suppose shorting continue with the last lot 1.2b shares @ 0.15p to 0.03p ? I really do think the courts should look into this before any decision on a stalking horse BID for this huge asset is made on Monday 18th, after seeing this bit of information the judge should really hold fire until this asset is Independently valued