Member Info for maqsood7

It seems like some buying going on right now.
Gap is closed from the morning opening higher and now ready to move.
Maybe shorters chance to close the short at this low level,before bounce??
:))

Most of the short positions closed on 25th aug.
Two more holding it around 2% only and expecting for sp to bounce as soon as they close their short too…….

Yes,it is still NT to buy but they are ready to take every single share from us.

Looking at the charts,next resistance is only at around 23p and also a gap to be filled around that level.
Our news flow is also supporting the rise here(cuda sorted and we are keeping 100% of it)
RBL and production increased news will be able to break that resistance and take us into next levels!!
Hold tight,oil is holding the ground and our revenue is increasing as well as our cash reserves!!
Good luck all.dyor.

Wongtogo,no news tomorrow mate…..
Wait a bit.

According to last update we are only going with securing debt and not the placing.
So no worries about placing here!!
Also we are holding sirca 11mil as on 30th june already.
Plus our revenue is increasing with oil prices holding up nicely and we are keeping remaining cuda share too!!
Great position right now and we can not go lower than this,imo.
Next set of rns saying senior debt secured and we are off to a good movement here!
Last update already said that company is is trying to get this sorted with American lenders!! And will not be surprised if we news arrives here pretty quick…..

SP movement is completely out of bod hands.
SP is taken to where mms wants.
Talking about confidence,so bod are the main people who knows what is coming and so a good size buy from him shows how confident he is and this small sp movement is irrelevant for him,he can see bigger picture here!!
Anyone is not confident here,should sell and move on,unless they want to create fear to get cheaper shares…….??

That is really amazing.
Shows the confidence here, and with every single opportunity,he is ready to buy more and more shares!!
He even put similar amount of money at 30p and that showed that he think the sp will be much higher than 30p!!??
Now the news flow will start with production increased and more wells to come pretty soon, because the cuda is sorted now and we are keeping the remaining of cuda production too.
I am sure the numbers for this quarter will be much higher than the last quarter!!
Dyor, and hold tight.

There is plenty of things going on behind the scene here.
Imo, the first news to come here is the senior credit facility.
Workovers are happening on the wells and some wells will be fitted with high pressure pumps.
Last quarter the production was 1375bbls/s which has brought us revenue of 9.8mil usd just within a quarter,which will equate to nearly 40mil usd in a year!!
Imo, it is time for the market to realise the real mcap of copl which is just around 35mi.
RERATE!!!!!!!!!!!

Hahaha. Some funny posts today.
AFC?? Rick well spotted.

Got a last top up at these silly prices.
Looking for a decent bounce here soon.
Now cuda is sorted,no uncertainty here…..

It seems we have hit the old resistance area,which is now support and started moving up.
Cash position is 11mil and mcap is just around 30mil??
Now we are keeping the whole cake and not the slice of it.
Next update will be more encouraging imo.

6mil buy!!
Seems like one of the short has been closed.
Or someone bought those shares!

I think this will be creeping upto 14-15p in coming days,imo.
Good short term returns here,imho.

Lol TM, do you think we will stop at 1p??
We will smash it really easily mate.
If update is stronger then we are looking for bigger rises,and will continue till the real value achieved.
Current production is 1226oz per quarter and mcap is 14mil.
If last update is saying we produce double than last quarter then??
1p will be hostoryyyyyyy.

Is it last chance to buy this cheap??
If we get rns on monday saying the significant increase in production in last quarter,then…………..

In last quarter we produced 1226oz, means 400 oz a month in a month.
So if we get anything above 1226 a quarter is good.
Imo, we will be getting 1500 oz in last quarter and that will be really encouraging numbers.
Future is very bright. Getting 2k a month and 6k a quarter is company changer.

Oops,bebeto what numbers do you expect for the last quarter??
Q1 production was 1200oz and any numbers above that will be good here imo.
I personally think we will achieve between 1500-2000oz and that will give a real boost to the sp here.imo

Gcat is clearly multibagger in medium to long term and big boys know that!!
No brainer…..

Yes.someone was loading up as we know.
Smart money was moving in while 5-10%ers were selling.lol
More confidence for PI’s.