Member Info for MisterPositive

Many here also trying to load up as many as they can before it moves to higher price bracket....which is unstoppable in my opinion.

I see this breaking past 0.50 on Monday motoring towards 0.68-0.70 next week.

Canadians trying to grab as many @ 1c before it moves to:
1c - 1.5c spread for them.

Next week could be big one.

But Art has got in to the habit of surprising the market as with previous 2 RNS....

Thanks. Lot of folks would want to get in today for Monday RNS...coz it could open lot higher...

EssarM paying for all Drilling cost as we have free carry on first drill.

Good to know, price guide for different types of rig for future reference.

Guys,
Not every share is a winner. I also have a few dogs in my portfolio. But defo keeping the winners....which COPL is defo set to be on. This one could single handedly out perform all other shares in my portfolio combined.

COPL is my Tesla.....LoL

Both previous RNS had positive upside surprise.

would be next near term target and could be smashed on next RNS making new 12 month high in my opinion.

Some excellent summary I read here yesterday from NoEasy I think it was...and extracts from Company presentations.

Higher case +2.6 Billion barrels
Base case +1.0 Billion barrels

15% share to COPL even if take average of above would be potential 270MMBO.....

Now I know why MrNation keeps saying...its free money at these ridiculous low prices.

Yahoo finance shows Mcap £10m only ?

Either way, it's crazy low MCap given the action plan for next 6-12 months.

Shaa,
I did the same. Shifting my portfolio to increase here wherever I can before price here runs away.

Yeah. MMs love the volumes. They tried to grab by dropping in the morning.....that did not work.

They will have to lift it to attract any sellers if they want some shares.

Wait till it gets to 0.40,
And traders jump in to ride it past 0.52 on this next leg up.

Past year accounts need to be reported as normal like all companies do.

Makes no difference....

Market is forward looking. Re-rate happens on what's to come in next 6-12 months, NOT what happened in the past. We know the past. Market is looking to the future.

This would re-test 0.52.....without a doubt setting new highs along the way to 1.5p in coming weeks. Imo.

Higher highs....higher lows.

We could also have +500% rise here, depending on how good the news is.

I see plenty pricing moving catalysts on the horizon.

Bit of consolidation always healthy.

No easy.
Excellent recap.

Yesterday was a pause day. Always healthy to let other folks get in and join the party.

Share the love guys.

MMs done a pretty good job so far navigating towards +1p initial target...which in my opinion is inevitable here. Just a case of how fast we get there.

MMgames
Apologies. Missed your post.

Using a very conservative $2 in ground valuation for potential 150MMBO.

(US$300m ÷ 3.73 B shares) = 8.04 cents = 6.43 p/ share

Potential MCap £240m (3.73b shares @ 6.43p)

Above is a very rough approximation. Could be higher if the oil field turns out to be bigger than +1 B barrels, as been with other fields around that area.