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COPL holders, been a very trying few weeks being a shareholder , however let’s not lose sight of the fact we have multiple assets , which are toe to transition this Company from Micro Status Company to a Mid Tier Production Company in a relatively short period of time
GLA LTH Time for an Update Arthur!!!!
I don’t understand why you would even. E thinking of selling any of these “Golden Nuggets”
Loads of good news to come in 2023
More Payments = More Dividends
Increased Production = more Cash
New Gas and Oil Law close to being Finalised??
New FDP to be announced???
GLA LTH staying put and collecting more shares when Divi arrives
Think a better strategy would be to put a few hundred Equadorians to work and make in roads to digging the gold and Copper out for themselves
2-3years we might have a result , then we could possibly start the explosives haul the ore out and transport it off to the port ,
Think my 3 year plan is better than the current boards , they just seem to be kicking the can down the road , picking up nice big fat salaries and rewarding themselves in the process
GLA LTH
Rhena
Don’t worry about me they said the same thing about GKP back in the early days as noted by one of the posters on PRD “ he thinks it’s going to be massive , but you must make your own judgement
Here is a snippet from a post he put on PRD today some old GKP holders will remember this chap from the early days
After more funding, GKP flew solo
To drill the SH1 well
But the lack of closure on the Western flank was an enormous daily worry...
I had bought 1% of GKP...
I had posted extensively about it at 4.5p
The internet trolls shouted me down
SH1 was drilled very overweight...VERY...
as there was serious concern that IF big oil remained, it could cause real issues and the hole could be lost
They were mindful of Baba Gurger number one well...many years before!
They reached TD
The well failed to flow
They acidised
It failed again
They acidised three more times...nothing moved
failure loomed large
A big row ensued when Adnan told Todd to acidise the hell out of it one more time...real money each time!
So a fifth acid load was 'injected'
The well magically cleaned up...
the rest is history...
It became one of the defining oil discoveries of the past thirty years...easy 40000 barrels day
Go back to the Western flank...with no closure!
Go back to my post dated 20 Dec 2011
In which I was totally clear that the SH4 well ...being then drilled right on the Western extremity of the structure...would flow really well
It was the biggest 'gonads on the line' statement ever made public ...to this day... by an online poster
It received almost 600 'likes'
My post was 100% correct...
SH4 was a huge success
and yielded the greatest BOO of any of the wells...
It was very high pressure
I was THEN asked by a senior GKP employee
how I knew the answers...way in advance of GKP knowing!
That chap is now a good friend of mine...
we talk often
and meet for lunches etc...
We discuss mutual business matters
he is also someone whose connections would blow your mind...literally Presidents
Folk might want to consider the role of my dear late friend Adnan Samarrai in this success
Folk might also want to research the nature of the slip fault between Shaikan and Sheik Adi !!!
Folk might also want to research the 'complex thrusted folk belt of the Zagros'
There is an old saying
'Don't bring a knife to a gunfight'
I would humbly suggest that some posters on here..rather than constantly parading their ignorance ...
might do better to throw away their cutlery drawers
GLA LTH keep the faith !!!
We e still got 20Billion Barrels , but it’s being kept under wraps until oil and gas law signed off
Then we can tell the world !!!!
Until then just keep paying dividends and. Burning out 45k barrels a day
GLA LTH GKP “ Jewel in the Crown”
Anything is possible , it if we can produce around 55K barrels , I would call that a success for 2023 , the important news will be on going payments and possibly a FDP
GLA LTH I think MNR are stalling on this until oil and gas law signed off , if that happens GKP etc will fly!!!!
"Work in Progress"
nothing much new , but nice to see another interview out there in the Media World,
on You Tube
Flagstaff TV: Catherine McQueen talks to Paul Griffiths, Executive Chairman of Predator Oil and Gas
GLA LTH