Member Info for MisterPositive

Mogul,
It's very much possible....we know how fast it went from 0.40 to 0.52 last time.

This would be 3rd attempt to break out above 0 50

Looks like we could Re-test 0.52 soon....

If we get deal sign off RNS just before CAD narket open then expect much higher than 0.50.

Soon...

Thanks shaa.

Now we just have to wait for results of successful bidders.

Was the announcement for New Licence registration supposed to be at midnight ?

Rktech
Excellent. Gas will be very nice Bonus.

Extra revenue stream.

What's not to like here....this MCap is ridiculous.

My gut tells me 0.40 is coming...may be today afternoon after CAD open or Friday morning.

Not a case of if but when.

Petrol,
He is not short. Been here long time. Even quoted his Bed & ISA buy and sell prices. I like him even though I don't him....lol. May be one day we can all meet up once COPL producing 10-15k bopd.

"significant in place oil resource potential in the 7200’ and 8000’ zones.' Some 5 billion+ barrels of potential oil in place on which they put a conservative 25% recovery figure."

NoEasy, thanks for the reminder. As they say massive Upside. First drill being Appraisal well of this massive field in the Niger Delta which is amongst one of the most Oil rich province. Cannot wait for Drill dates...not long now.

C) +2p as base case scenario for me (tad conservative).

At commencement of Drilling.

C) +2p as base case scenario for me (tad conservative).

Toby
Many kept waiting to get in lower. We all would love to get in lower, but sometimes need to make adjustments. I have averaged up including Top up today as I see current MCap ridiculous.

Market beginning to appreciate that this is the new COPL with activity now happening actually. Market is forward looking and would re-rate this accordingly as news comes in and we got plenty news in the pipeline, one after another.

Not getting any cheap shares by the looks as no one wants to be out on the fence.

Settlement Deal surprise RNS came just before CAD open out of no where...so yes News can come anytime.

CawCaw,

You might get your 4p wish....market currently is in that kind of mood.

Given that all surrounding Producing fields found more Oil than originally anticipated, we being meat in the sandwich sitting on potential +5 Billion barrels (from all 3 zones). Even with the conservative 25% recovery rate applied (higher than 25% in my view)...that is lot of Oil.

After news next week with a drill date, we could say good bye to 0.30's for good as this would re-rate proper. If we also get some guidance on drill date also, then I would expect this to run towards +1p in double quick time.

2p on drill commencement should not be difficult...being conservative.

Not sure about A, B, C, D

but I do remember Mr Nation's +1.5p pre-drill.
That will do nicely for now.

Cdn...price would re-rate upwards, as EssarM deal sign off would mean we move to next stage....Drill date and Rig news.

Price re-rates in anticipation of Drill....its not if but when we drill once EssarM deal and PSC are sorted. That's why this would be front loaded with major shift UP towards a higher MCap.

Rob95
To sell to CAD clients.

Supply....Demand sir.

Generally speaking, CAD brokers would source stock from London brokers if they not got enough stock to meet CAD client orders.

MMs probably grabbed few to feed CAD clients.

0.5c should be gone soon I think coz after news confirmation they could be at 1cent...about 0.6 GBP