Member Info for mcadder

Just looked in here this morning. My my what a terrible update and certainly one I was not expecting at this juncture. Need to decide whether to cut my losses on this one or continue holding. Just as my faith in the bod was beginning to be restored too :((

Tradevol is a complete tit and spammer.

59 posts of complete dross by them on copl just today, best to just keep reporting, LSE will do something eventually....

"Traded out. Gla if you’re holding."

On behalf of everyone here, thanks for that useless bit of info :))

Roly - I don't see a placing materialising either, based on the recent based on the recent Long Term Incentive Plan announced.
If they started embarking on dilutive placings straight after announcing a detailed incentive plan for the grant of options subject to reaching a certain SP at different stages I do not see how they would achieve the milestones they've set themselves if they went down that road.
Debt funding looks like it's the way forward for them and even more so after the recent FSS announcement....

Tradevol - I thought you said you would fly when this reaches 16.50p so why you still here then lol

"16.50p and we'll fly so will i......"

Tradevol - no one cares what you do quite frankly as you are insignificant just like I am in the grand scheme of things ;))

Some nice buys this morning, good to see especially considering what a quiet period this time of year tends to be so, possibly something brewing here, gla

Arthur Millholland, President and Chief Executive Officer, commented:

“Recent WTI weakness has provided the opportunity for COPL to execute this hedge restructuring without a cash cost to unwind the positions and in a manner that will minimize near term hedge losses that have constrained our pace of development. We are pleased with the result as it is expected to provide COPL with increased exposure to WTI upside and stabilised operating cash flow in early 2023. It also provides for a level of revenue protection and maintains cost protection for butane injections at our Shannon Miscible Flood.”

Malcy -
"Nice work here from COPL and makes this stock worth looking at for 2023 investment."

GAZALA69 - Definitely the time to be throwing the kitchen sink at this little beauty copl right now. Plus if we were to perhaps assume a 50/50 JV deal with a huge organisation like ExxonMobil or perhaps Devon Energy then, this stock may reach a market cap on a level not seen by Copl before - somewhere in the region of $500M - $1Bn perhaps as the market will then see a clear pathway to monetising the huge recent oil discovery, with the potential to add maybe 3 or 4 fold of reserves to the 1Bn barrels across the acerage :))

With respect what a load of s h i t e :))

Insane indeed BigBear and that's why you will likely see this steadily rise between now and a potential JV announcement because not many would be willing to sell and be caught out.

I'm assuming the Canadian Market is open for trading later today? If so could be interesting to see what happens there...

What a complete shower this has turned out to be. What I don't get though is if there are no issues arising from the audit then why has there been a delay? Doesn't exactly promote confidence with an already all time low SP!

Are what we like to see here and at least we know it's for good reasons, not some hype or hot air, it's based on what we have and what is going on behind the scenes. Oh and WTI being up nearly another 2% today won't hurt :))

Is on from the looks of it ;))

Surely many can see the staggering value on offer here, even if there are one or two small glitches to be sorted to really open up production.
That being said, it's so close you feel you can almost touch it :))

So potential JV coming Early Jan 2023 - very nice :)

Ace Rimmer "smoke me a kipper I'll be back for breakfast - "What a guy" lol

https://youtu.be/ofibNrYDjdY :))

Even I have to admit, I think we are close to an update on the well programme, potential operational update and maybe even more meat on the bones with regards to that interested JV partner. 'Large recognised US oil company' wasn't it? Or words to that effect lol
The JV process may actually be more advanced than some believe hence why no news on the RBL to date....hmm could get interesting here :))

Seriously TeleTim if you have nothing worthwhile to post (as has been clearly demonstrated by you today) then don't bother, really, just don't!

ffs TeleTim can you not continue you're public spat between yourself and Biker privately instead of clogging up the bb like you did under the guise of FORMER FD?
No one cares who did what trade or who's jealous or who has the biggest ego or the biggest dick blah blah blah