Member Info for MisterPositive

Too good to miss out here.

2021 will be huge here.

Bolivia Lithium is going to be huge.

African Oil asset a bonus on top.

Ahead.

First hour is sometimes like this as some traders wait.

I am adding more today. This has a long way to go.

Medium term, this would become Takeover target IMO.

Could the new Acquisition be a nice juicy Gold deposit?

Or Copper / Nickel / Silver deposit...

Yes MCap is only £19m

Future Mcap once Copl is a mid tier producer could be few hundred million.

Think most here follow the maths....some are confused. We are moving into Oil production once Atomic deal is done. That is quick monetisation of cashflow.

Let the news sink in over the weekend. Directors happy to participate in the placing themselves.

Why would they dilute themselves ?

Just focus on the asset we gaining and all should become clear. Oil price going up

Bye bye.

Thanks for announcing that you Sold. Someone else just bought your sold shares

Had to pay full Ask.

Cawcaw.
You not happy with placing? Nobody likes placing, We still living under Covid-19 restrictions with virtual meetings / presentations done Online.

Debt finance deal has got to be in the bag or you don't commit to 100% of asset.
Production revenues over next 40 years far far outweigh the short term pain. Debt interest also has Tax advantages. Near term cash flow puts COPL in much stronger position than 3 months ago in my view.

CawCaw
Art is not good at interviews. But lot is about to change.

They raised the $8m just in time....which is single most important thing for the market. Rest should fall in place soon.

Gaining traction now this one...

As I posted earlier, if placing is "Value Accretuve" which clearly is the case here with Atomic 100% deal, then Market will re-rate this to New Highs.

This will hit new highs soon in my view after a temporary adjustment. Just going to get another tranche. Cheaper than 0.33 I paid yesterday.

We could see some buying pressure tomorrow ahead of the Asset acquisition.

Think tomorrow this could be over 0.5

Question is today or tomorrow?

CawCaw
You are hilarious. Keep it up ;-)

Excellent news.

I finally am feeling much more relaxed. STRONG BUY in my books.

Short term pain for MASSIVE gains ahead.

Crazy that is...

Deal news next week should definitely put this well above that.

I seriously thought we were going to crack 2p today. Still time you never know, otherwise tomorrow is very much on the cards. No brainer....

It could also have been delayed to give both parties time to hammer out the final Deal terms. Either way, happy to wait for the mega re-rate in 2021.

Todays whole debacle highlights importance of 'research' and more research.