Member Info for mcadder

Earl - can you not read or something or just choose to see what you want?

"THE PROCEEDS OF THE SALE HAVE BEEN USED TO REPAY A PORTION OF THE SUMS OWING TO THE LENDERS"......

That means that all of the £350k has been used to pay a portion of what is owed - i.e they've only paid a portion of what is owed with the 350k and still owe money after this.....ffs

Earl how did you miss this?

"The proceeds of the sale have been used to repay a portion of the sums owing to the lenders as detailed in the announcement of 15 September 2021."

In short they don't have £390k. Nowhere near that!

My god, another rampathon by yours truly Earl of Shame, saying "I've heard this, I've heard that" LOL
So who started the rumour about Chris Akers?
C'mon own up lol!
Now for a reality check. Latest interims - cash or cash equivalents £40,864
Now look at latest RNS on completion of sale for 350k......
"The proceeds of the sale have been used to repay a portion of the sums owing to the lenders as detailed in the announcement of 15 September 2021."
You really are unbelievable Earl, trying to suck others in here....

Am expecting some decent buying in Canada this week....

A huge 289k sell at 6.75p this morning, it's now below 7p to sell and yet no one seems at all concerned?

Does anyone else not think that the latest TR-1 holdings RNS on 27th September was a bit strange?

The reason I say that is because it clearly states they crossed the threshold on 23rd September and notified the company on 23rd September effectively declaring they had gone from 5.19% to 8.70% (3.51% increase) meaning they increased their shareholding by 337 million shares, but yet when you look back at the volume of trades over the previous month it shows the volume as -

w/c 22nd Aug - 31,217,020
w/c 29th Aug - 1,948,611
w/c 5th Sept - 27,680,875
w/c 12th Sept - 43,646,587
w/c 19th Sept - 17,900,651
w/c 26th Sept - 201,213,843

Looking at the volume there seems no way they could have bought another 337 million shares even if you go over all the trades over the month prior so something definitely doesn't add up....

400k sell @ 16.45 popped up from 08.43, delayed sell, hopefully if there are no others this should start heading back up

It's ok Devilbhoy we know deep down you are sorry even if you can't bring yourself to say it lmfao :)))

19m and 35 secs onward if you want to check ;)))

"the ask dropping a bit"

Don't be fooled by it, spread is tightening, 16.60 to sell decent volume, 16.68 to buy, will pop soon enough

This is just one of many that Earl of Shame was ramping to death last week!

If I was trying to buy in here today I'd be counting myself very lucky if I could get in below 17p this morning...

Very welcome news over the weekend that the objection to flaring has been removed which will allow approval at the hearing tomorrow.
For copl it will literally be like flipping a switch to instantly allow production to ramp up to 2,600 a day, and with WTI holding around $92, which should be in for a good week here...

"In 2021, Wyoming ranked eighth nationally in crude oil production."

Wyoming's Oil & Gas Reserves
"Wyoming had 703 million barrels of proven oil reserves in 2020, which accounted for nearly 2 percent of the U.S. total reserves."

Copl and/if JV partner could end up increasing Wyoming's oil reserves almost 3 fold once they are proven, no wonder they say it could be the biggest oil find in the US for decades....

In Dana Petroleum's case if you were lucky enough to have bought in near the bottom in 1999 at 75p - £1 you would have 7 bagged by 2005 and with the buyout offer of £18 in 2010 that would have been some return lol :))

TicoR - that is an interesting re Dana Petroleum, could one day happen here sooner than people think ....

"On 2 July 2010 Dana Petroleum confirmed it had received a £1.5 billion takeover bid. Korea National Oil Corporation confirmed preliminary discussions regarding a possible cash offer for the entire issued and to-be-issued share capital of Dana Petroleum.[5] On 20 August 2010, KNOC went hostile in their bid for Dana Petroleum, the first time an Asian state owned company had made a direct bid for a UK company.[6] By 24 September 2010, KNOC had received 64.26% acceptance of the share offer from shareholders resulting in the Dana Petroleum Board advising shareholders to accept the offer as the board intended to do with regard to their own beneficial holding."

sorry but what a load of bull kdogg

We were approached by a large "recognised" US oil company NOT the other way round, unless you are suggesting Art has made it up based on your "theory" ? Lol

"Check out the paperwork. Page 73 (of 79) - the protest has been withdrawn."

If that's the case then that is excellent news indeed!

Canada finished up 6% tonight....

WTI nearly $90 ..... :)