I'm being sarcastic in my first post. LOTS of people said it was too late for a placing the last time, so don't discount another one coming. Don't forget, the companies involved in the negotiations are fully aware of COPLs financial position and are more than likely using that to their advantage to draw out the negotiations and leverage their share of the contract.
I wouldn't put it past Art to do another placing. As you all know by now he doesn't care one bit about private investors. That's my bet on the next RNS, or financials in mid August.
MUST mean news is coming
Same old garbage day in and day out on this board. "big buy must be something is coming". Until we see an RNS, the price activity is just background noise and MM's trolling us. Most people think this is a certainty but it's not. Just remember that.
MMs playing us all like a fiddle. Pump and dump activity continues.
Been like that for a year bud!
Having a massive share float will do that!
Big news on a Friday? I sure hope not!
You guys think one will drop tomorrow morning?
I also noticed that Guitar. I won't be excited about Canada until it actually starts to move.
nope, just another pump and dump orchestrated by the MM's. Will never believe any price action or volume until an RNS is released. We have literally seen this happen time after time only to see the price retrace.
You're directly questioning the ethics of Kola Karim, who according to Art has been nothing but first class to deal with. Art didn't get swindled by Exxon, nor will he by Shoreline. Take a chill pill and realize the ridiculous amount of puzzle piece that have to come together to make this happen. My biggest concern is another placing in the mean time, as well all know Art cannot maintain a timeline.
You've lost it, man.
Another week with no news... Getting closer to burning through their cash. Losing faith on the daily. My average is low but yet millions upon millions of shares are stacked on the ask and stand between the current price and my break even point.
Art would never do that. He would roll the stock back before he ever re-bought shares.
LOL How about a dividend from COPL too? Dude, they need to start producing oil and generating revenue.
Well said Bell lol.
How about NO more raising and relying on cash from operations going forward?
Well said oilsupporter. I appreciate what you were able to share from your attendance at the AGM.
Since my infamous "COPL is dead money for at least 6 months" post. Feb 20th, the share price was 0.23p. Fast forward, we are now less than half of that with another 500 million shares out. I was heavily criticized for that post, yet here we stand, seemingly closer to another placing. They run out of money in like a month lol.