Member Info for MisterPositive

MCap should be the only focus here.

Daily % rise distorts the fact, Copl is rising from the ashes. We could have 100% rise to 0.70 and still be only £26m.

Even Mr Nation signature +1p pre-drill takes us to £37.3m.
Agree. This is headed back to over 0.50 this week.

Speculation I know....but could someone be building a stake here on the quiet without attraction attention?

For a cheap Buy out.....before price gets away and they end up paying 5 x times more ?....just a thought....Hmmm

Bonum kept saying 0.07

Rest here said small placing at much higher price. That is why original was terminated.

Looks like they forward sold....

Heading back to 0.50 very soon in my view.

Already churned over 250m shares.

This 233m odd.....is nothing.

Uncertainty has been removed. So no more stupid guesses on placing price.

I think MMs woukd take it to 0.45

Old 52 week high

Everybody holding on tightly to their shares.

YM,
Copl would have 15% of the 1bn barrels potential oil. That would be 150Mmbo. The field could turn out to be bigger than potential 1bln barrels...

Adding other licences and Mozambique Copl could end up with lot more than 150Mmbo. Will have to wait and see how things unfold here over next 6-12 months and beyond that.

Mk.
Yes. Upside here is Massive. I was being conservative. Lot of news to come. Current re-rate is just the beginning. Much bigger re-rate still to come as things get confirmed here and we should be on our way.

My own estimates and predictions are:

End of June: 0.45
Pre-drill: 1.25 - 1.5p
In 1 year: 4p

Oil price expected to rise strongly in 2021 which should fit in perfectly when Copl is producing if all goes to plan.

Dyor.

Did someone say company results are due on Tuesday?

We could get more than one RNS on Tuesday...results and deal being approved by Govt...will wait and see but would seem mere formality in my opinion.

Shaa...dude.

Its 'cawcaw'....not cow cow.......Lol

It's the same guy with his twin.

Cawcaw.
Thanks for the update.

Friday afternoon in London was pretty good with dips bought fast. Wider market gradually catching on how undervalued MCap is here and more momentum building each day.

We could see 0.50 breach in London Mon / Tue is my guess.

Well done all. Good to have that 20% correction out of the way this morning.

Was amazed, how quickly the dips were bought.

With momentum building and getting stronger each day, we could be sitting at 0.50 by end of June or even higher.

Still such a low MCap for over 150MMBO of light sweet oil in a producing oil province with Oil majors around us.

Got another 1m into the close.

I know Monday could be a mad rush. Got no time to wait for NT and all that...

Think Tomco style rise could come here too.

Not if but when and how fast.

Could possibly see 0.50 next week.

Could go.