Member Info for Mkbarnes2001

I think that's a bit harsh on many of the posters. They were taken in, as many were, by what was coming out of the company. I had to switch off a long time ago, as I was in COPL since the Nigeria days. I really thought that the Atomic acquisition was going to be a huge success. I stupidly listened to everything that came out of the company, all the promises all the positive news. I kept the faith and have been let down massively, which has had a huge impact on myself, my family and my life in general. The people you are having a swipe out on here are probably no different.

Give them a break.

I'm gutted.

Obviously I know Jay from here over many years, especially through the dark days of keeping the lights on at COPl and Jay kept us all sane with his never ending optimism.

We have been chatting regularly on telegram over the last year and his enthusiasm for COPL and life in general was inspiring. I really thought he was going to be fine as he was always so upbeat about it all, so the news was a huge shock to me.

I really hope COPL comes good now, knowing that his family will be secure, although that will never make up for what has happened.

RIP Jay.

Hey YM,

I spoke to the company regarding this back in Nov last year. Cuda have no working interest in FD. CNOOC can come back for their 15% once COPL have recovered 400% of capex

Lots of people got burnt on re-list day. I'd expect huge churn at this level for a while - may take a couple of sessions to pass it!

Plenty of buys at full ask in the last few mins here also, looking good

Funny post Jamie, I'd love a COPL mug (felt like one at times!)

Lol

Here’s a link …
https://chfcapital.com/canadian-overseas-petroleum-copl-receives-project-financing-term-sheet-from-the-mauritius-commercial-bank-and-trafigura-pte-ltd/

HFB, that’s a deal that Arthur put together to finance the expenses following a drill-
“ The Facility would provide funding for all production related expenditures following the drilling and testing of the initial production well”

I couldn’t agree more.

Once all those on the sidelines are confident we have broken this cycle of initial rise followed by a larger fall, then the correction will be explosive IMO

We seem to be in a situation where people expect us to drop back after a rise on news, so they sell into it. Almost like a self fulfilling prophecy.

Need to break this cycle and the only way is a news bombardment from COPL!

Tiburn,
Please email me mark.Barnes

At Mac

Dot com

Hopefully that gets through these filters!

Great to see you back here RDunc

No tin hats required for that idea, seems like a very feasible explanation

If this dip is associated with some fund raising to take back OPL226 from Essar, then short term pain will produce massive long term gain

Confirmation posted overnight on SEDAR of the creditors calling in their loans and starting the process to recover via bankruptcy proceedings …

https://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00015378

Essar extension deadline 31st too

What was it that George W Bush said,

"Fool me once, shame on you, fool me twice....well... you just can't fool me twice."

lol

Hi Tiburn,

LB beat me to it! I’m sure Arthur is aware of your valuable research and input on here, so I’d expect he would be happy to hear from you.

Hi Tiburn,

I’d encourage you to contact Arthur with your suggestions, he is extremely reasonable and I’m sure would be happy to take your comments on board!

It’s funny, we all think we are well researched on here and yet we keep finding new nuggets of info (thanks to some great researchers on here).

Imagine the high net worth investors / II’s who don’t have time to study small companies like COPL - they probably don’t have an understanding of quite how undervalued we are at present. I think Arthur has taken the right approach to do the road show presentations to Institutions- once the broker research notes get more visibility then I think the combination of the selling drying up, share consolidation and institutional interest will have a dramatic effect on the SP. I’m sure it’s going to take some people by surprise!

It’s very positive Bob.
I think there’s so much going on right now with the new Drilling, CUDA, Nigeria etc that perhaps the team are completely overwhelmed at COPL! Exciting times and I’m sure we will get lots of news soon :)