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What does a gas pipeline have to do with OPL226?
We don't know anything and can only speculate as to what is happening behind the scenes. Although it's positive Art and Kola are in London, presumably meeting together I'll continue to wait for the official RNS.
Guys, there is literally nothing new here. Cofarco continue to be involved as they are helping COPL broker the rest of the financing (i.e. front end financing now that they have sorted out the back end).
This is one and a half year old news. Again, newbies do some fricken DD for God sakes.
http://www.canoverseas.com/wp-content/uploads/2018/07/COPL-Receives-Project-Financing-Term-Sheet.pdf
That's what I was told, if you don't believe me get in touch with Cathy or Art himself. I have absolutely no reason to make this up and am not a clown like MrNation putting out false statements.
Well said rich, bunch of lazy clowns.
So Nigeria will have to cut as well. Will this impact the green light for OPL 226?
No volume today but the ask is as low as I've seen it in a long time, only 3.5 million shares at $0.005 CAD... I think we can all agree that the LSE is definitely the leading exchange and will continue to be the indicator of activity, nonetheless great to see the ask shrinking on the CSE side of things.
Let's hope this is the week, folks! Been invested in COPL (XOP) since July of 2012.
I'm hoping and assuming it's not a coincidence either... Lets hope this week is the week! GLTA
I have been told Art is in London too
Not Arts first empathetic quote in an RNS lol. Some of you newbies have no idea.
Bob, at their despicable cash burn rate that money will last a few weeks. Expect another placing on the way up for sure. I doubt the financing package will include any of their G&A expenses.
Brady, I do agree with you somewhat. The neo-marxists are destroying the industry with their leftist political climate propaganda. Another great reason to be doing business in Africa, they don't give a flying f*ck and will develop their resources.
Guitar, some folks made some serious cash on Oilexco, some of course got burned badly. As the presentation says, at these prices you're getting in at the ground level of Oilexco 2.0. GLA all, here is to hoping for the mother of all RNS' in short order.
Some more great volume today, it's quite nice to see interest peaked in COPL again. It's been a really long time since there has been this much action. Although I think COPL being bought out is a really big stretch (of course I wouldn't mind one bit if that happened), seems like they might be on the home stretch to getting the drill bit down.
Out of curiosity who do you think would be interested in buying out COPL for their 40% stake? Remember, there is definitely oil there but the block has yet to be appraised.
too funny B.
I whole heatedly agree with your earlier posts btw, very well said.
Guys, zero shares have been traded on the CSE so far today.
Billthebank, are you looking at market cap or share price?
Very good, all the best to you then EyeGuy. Hope it pans out for all of us.
I can't sell even if I wanted to. There are zero shares on the bid within the CSE. Just warning you guys, the LTHs have been burned at his word on several occasions. To me this time is no different.