Member Info for MisterPositive

Sep could be a good month here with ARYA drill also coming up.

Still waiting for more results from BIG ONE.

Castillo still under the radar, but that could change very quickly.

South Africa alone is massive with c. 2 Billion barrels recoverable.

I would think, we should be at 2500 bopd by now minimum. They were already at 2200 bopd few weeks ago. Target 5000 bopd by end of 2021 very much possible.

At 5000 bopd production, COPL share at 57.7% would be 2885 bopd.

Around $44 profit margin, 365 days, that would be well over $46m annually. Over 10 years +$460m.

Adjust above figures +/- by 10% to average out.

This is significantly undervalued any way i look at it. Once all sellers are flushed out, we could see this jump to 0.80 - 1p range pretty quick. Q2 update and future outlook sometime this week could provide that trigger imho.

I take it BHP would be keeping a close eye on Arya

Re-processing data from AusAEM Survey, commissioned by Geoscience Australia2, shows the EG01 anomaly - interpreted to be 130m thick, 1,500m long & 450m wide - is only around 100-200m deep

o  This is a significant finding, as it highlights EG01 is much shallower than the initial ~430m depth estimate based on analysing data from BHP, which discovered the Arya Prospect in the mid-1990s3 and recommended it be drill-tested.

Ok. Yes they sold about 50m.

If they hold some warrants and exercised 50m of them, then yes, they could be adjusting their holdings accordingly. Once they get their new shares issued, that should take them back over 5% in theory. Will wait for further RNS.

Unbelievable its below pre-suspension price. Stop losses being hit i guess.

Agree. % holding automatically drops when more shares issued as a result of warrants exercised as denominator increases of Total shares.

Warrants exercise brings in extra cash also, so our cash position should look even better.

LB.
Agree. Back test to pre-suspension price done.

Q2 results next week or following Monday. Should see a move north soon in my view ahead of results

No point selling at the lows when you can Double or Triple your money in coming weeks.

Higher production figures generate even more profits for the company. If production is rising, and share price staying constant at 0.38-0.39 at some point Cash in Bank would end up being higher than current MCap which is unheard of.

Share price rise is inevitable in my opinion. Just a case of little patience. Frustrating yes, but we all in this together. GLA.

MP

Toronto Dominion could also be buying in the background in my view. Loads of large trades seen this week. Not all private investors.

MMs could be filling orders for more than one institution in my opinion keeping price here for now. We could see more TR1 in coming days with other names like HSBC.

COPL is emerging as a bigger company going forward and Institutional investors getting in early i think.

Name of Shareholder: HSBC Bank PLC

Nothing to do with Nominees Accounts.

They have increased their own holding in COPL.

Whats that 911 code all about?

May be expecting 0.911 price in comind days?
Haha....that would be nice though where it should have been by now with over 6 billion traded so far in just 3 days....wow.

Liquidity here is superb which is always good sign

Would not surprise me at all.

20 years i would have panick sold and bought back higher but now with more experience we know this game much better.

Great buying opportunity right here.

Had a sneaky feeling MMs would be doing the final flush this mirning before it triggers the rise.

Dropping it below pre-suspension price was too obvious for many of us to see right through MMs antics.

Seller most likely out now. With all the cash been accumulating since Atomic acquisition with rising production from 2 wells operating and 10 more to come online not priced in at all.

If it was not for Hadron selling, this should have been over +1p now with 6 billion traded so far this week.

Huge upside from this bargain price. Gift really.

Q2 results coming up before end of August. We should get latest production figures.

Any update on OPL226 would be nice bonus.

Final flush out i think today...before seller out

Panama
We not abandoning OPL226.

Just any additional assets in Wyoming with production that should add further cashflows to Atomic assets.

Awaiting Lab assay results from BIG ONE.

Just need little patience with this one for Mega rewards.

Just a hunch..

Could they be building a postion here ?