Member Info for mcadder

Poor Joey the only thing flying here today (apart from the SP) is his computer screen out the window when he loses his temper seeing this rise like a phoenix from the ashes knowing he doesn't have a ticket for the ride!

Joey he's on about what price the MM's were sitting on with the ask we all know the closing price was 0.24

Yep this time it's the shorters that will be burnt to a crisp!

Hopefully once drilling is nearly complete this should really take off...

https://youtu.be/lTpyEHt6ucA

Just thought I'd share this latest interview again wow what an opportunity here. This is literally as good as it gets!

"Well something is definitely happening"

Yeah it's called a new founded justified sense of optimism about the future for once and we're all pretty excited about it

"It will be 2-3 p by then is all goes to plan so a 10x bagger at £250M"

From current mcap that would actually represent a 21x bagger using your figures

"TheTruth, do you mean this twat?
https://twitter.com/Diamond_Horse_0/status/1340646853902278656"

That muppet has called so many things wrong over time. A narcissist who loves the sound of his own voice.

Shall we remind those looking in here that we've spent the last few days digesting a monumental deal that until last weds wasn't on the cards at all. It came out of the blue and is so good that some didn't believe it!
The SP is currently priced in for just a possibility of OPL 226 coming good but literally nothing else. Up till last week this was our main focus until we suddenly discovered that in one announcement we had instantly become a producer with a brand new oil field with a massive incline curve for years to come.
Now we also have the possibility that ANOTHER deal could land with an asset they've been looking at in West Africa for some time.
It's pretty simple. Anyone bashing this will just be looking to buy in as cheaply as possible at this point now people have had the chance to digest the significance of weds and fri's announcement.
The incline curve of the long term graph of production for the Atomic oil field will be similar to the long term graph of the SP for COPL
/
/
/
/
/
/
.../ lol

Looking forward to further progress here in Jan and Feb as the drilling completes

Great Post Tilburn all the stars are aligning nicely which makes me think there's a good chance of a Santa rally coming here....

Technically we could say that COPL has been a producer since 1st Dec (date deal took effect) so if that's the case between now and 31st Jan once deal has completed officially we could have benefitted from revenue of around $4.6M based on $49 oil and daily bopd of upto 1,500 over the 2 months. But as Art said in one of his interviews with having to adhere to Canadian rules they have to report results quarterly and he said it will show that production in each quarter will have gone "up up up".
So the revenue for one month by the time production is ramped up to 5,000 barrels a day (if oil stays at $49) will be 7.35M a MONTH

If this deal comes off which it looks as though it will the issue over £1M is going to matter not one bit especially when you take into account what COPL will be worth with 1400+ bopd production (and rising) as well as the overall value of the asset. And that's just ONE asset. So tbh I'm not even remotely worried about the £1M and nor should anyone else. And if oil prices continue to rise then we're off to the races!

This interview believe it or not which hasn't been seen by as many actually has more info on the potential asset acquisition and worth a watch...

https://youtu.be/lTpyEHt6ucA

"no suspension will be necessary at all if COPL can file an approved prospectus with the FCA by such time reflecting the acquisition."

"Having only recently filed an approved prospectus with the FCA and having already produced a current competent person report on Atomic's assets, the Company does not anticipate having any trouble filing an approved prospectus reflecting the acquisition of Atomic prior to or concurrent with the completion of the acquisition and therefore no suspension should be necessary."

As acquisitions go it doesn't get any better than this. And as for the quality of the "brand new" asset all I can say is wow!

genius indeed shaa! Art has definitely gone up in my estimation of late just like the SP which is likely to go up into next week.
Not only that but WTI up tonight at $49 and Brent $52.2

magmanus_49 you are nothing but a P&D merchant do us all a favour and go back to ramping HUR and RMM instead of cross ramping them on here.
We're all aware of the investment case for COPL and how suddenly the prospects of being invested here improved with the latest RNS only an hour before close which bodes very well for next week.
We're not interested in other shares or poster's that flood this board with constant non stop posts to the point where it affects the flow of the board only to disappear chasing the next mover and shaker as soon as this started to drop.
And now your back as it's shot up into close claiming to be in at 0.22p yeah likely story!

Agreed we should be in for a good day here. Time to start believing that we are about to become an actual producer and a lot sooner than people ever thought possible!

Great news! Colin definitely means business great result for what has been a challenging 2020 for all sorts of reasons

Well whatever it is I've bought another couple of million at 0.2269 and will keep adding on any weakness

Nice interview....