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TreeFern- If you click on the Paper/magnifier glass in top box it will take you to the report
Good find guys, if you look under cores/reports/surveys there's a geological report and well evaluation from the initial drilling back in 2012, all looks promising
Out of interest Trujack- What did you ask him?
Kdogg- First thing I've ever agreed with you on, announcement on RBL or JV is imminent
Hillbilly- Have you read the last 2 RNS updates from the company? If your answer is YES then you’ll already see that ART has refrained from giving a timeline and says he will update market when appropriate! I think he is learning from his mistakes
You Mean SOLD
Thanks
Anyone have the boss man's email?
"There won't be many making money at these levels, only the bond holders..."
No evidence to suggest they are selling
London usually means a new proactive interview, usually does one after results are posted too
Yes- It's all about the financing here, the quicker ART gets this sorted the quicker the rerate to where we belong
HE'S BACK FROM UNDER HIS ROCK, F>>> OFF
I just think it takes longer that we all anticipate, this will be a multi-million-pound deal, I don't think the recent economic worldwide constraints have helped as AM has alluded too
What you've also got to consider is that AM has always stated he wants a RBL with a junior tranche. This will allow us to refinance, complete the CC wells and begin delineating the FD until we prove up further. A large oil company approached us not the other way around. If AM doesn't believe the deal is the right one at the moment, we could renegotiate in the future, that's why it's a possible JV and not set in stone.
What word should he use FISH123? "GUARANTEED" Don't talk so wet
"deal that he thought that would happen in October"
HOPED would happen by Oct, these things take time, hopefully he's negotiating and securing the best deal by going back & forth with the 3 banks. If a month's delay means the difference between a couple of % then I'm all for it
Looks like the MMs are going to be walking this down to the BH new conversion price until the company can prove this is not the case. COME ON ART FFS
"COPL and its advisers are focused on securing terms that provide increased operating flexibility and improved cost of capital. The Company looks forward to providing updates on this process"
Sell UP ITD! Doesn't seem good for your mental health, losing the plot at the rate of knots
Intothedeep- You seem to have changed your tune of late, nothing but negativity in all of your posts today! You must have an ulterior motive? RBL, Bonds, Cash, nothing positive has come from you even though you're portraying a strong buy signal! Nothing adds up, think you've gone to the dark side.