Member Info for panamabob

Yacht. Quick question. I have a friend who has to choose between I V A and Bankruptcy. Which is better?

All debt is unwelcome . But in prioritising which debt to pay off,then Yacht is correct in principle in suggesting your Mortgage should be the last one to pay off
Of course a lot depends on the size of your mortgage and the gains you have made.

Very clever and well qualified people,using the information available have done their best to predict how this share is likely to perform on Relist and beyond I respect most if not all of them.
Why criticize them? Everyone he re e is anxious to know how their investment will perform.
What is this BB for if it's not to discuss all the various options and outcomes for a Relisted COPL?
Anyway not long to wait now before speculation gives way to reality.
I feel that this week will reveal the news we've been waiting for. G l a

If there is a dip on Relist caused by those who need some cash, it provides those who can wait to a while with a great opportunity to increase their holding The SP is sure to rise steadily within weeks. as production increases towards 7000 b.
Also now that the PIB is almost a live entity in Nigeria, I see no reason why OPL226 won't add to the excitement.
Heaven knows what Arthur has planned in the background. More distressed acquisitions???!!.
All very exciting. Never a dull moment with the New COPL

Yacht. Are you planning on Top Slicing 10 mill or so and letting the bulk ride? I'm curious to know if what someone with a very large holdingconsiders a wise strategy.

Jaw dropping analyses!
So a projected SP between 5 and 8 p.withun months.
Now imagine OPL226 added to the pot together with another safe jurisdiction acquisition. Working out the numbers is not my game but maybe some on here may wish to get their "fag packets* out.
Just a bit of weekend dreaming.
Or is it a tangible reality???!!!

If this opens under 1p everyman and his dog will pile in.

The reason so many have a decent holding is because so many here have been trying to average down over a number of years following the Liberia disaster.
None of us expected Atomic to ride to the rescue. When Art worked that miracle most of us had written the whole thing off including myself.
The Atomis deal has meant that lots of pIs found themselves loaded up with several million shares which now have the potential to multibag.So it is really a happy accident for most of us rather than a CD eliberate policy.

A holding of 5million@1 p. Will produce £50000.
So each 1p increase produces another £50000.
When the SP hits 5p the holder has £250000
You would be surprised how many hold many more than 5 million.
Ask Yachtmaster how many he has?

Bring it on. ,!!
For those with a decent holding,each 1p increase buys you another AUDI, pàys off your mortgage or allows you to retire early
Hard to believe the possibilities here at times.
But first AM needs to get us over the line.
I now think selling on Relist would be Financial Suicide. But to each his,/her own GLA

Yes Mum. Covid has scuppered lots of such plans. Never mind. Your day will come

Dunno about that Devil.There are many on here who can afford several nice cars and still have large holdings for several Rainy Days.

My grandson went to Viet Nam and loved it. Have you been there mum?

Yes. Ideal. Just checked it out. Fly from Tahiti. But pricey at 11000 a week though. Will give it some thought. Thx

The Maldives !! Now there's a thought. Travel is my thing rather than cars. I'm open to quirky suggestions far far far away. Any ideas? Sun,good food and drink. Friendly locals and no loud Brits Lol

Shaa. There is something to be said for your perspective on the delay, but not having control of my own shares makes me uneasy.

Sounds to me that the Prospectus has been submitted (again?) and that there may be a slight adjustment required or that we are waiting for FCA to respond in their normal way.
WE only have Charles' email to go on and it depends how we interpret it.
Either way we've not long to wait. End of next week????

Agreed. Apart from COPL this is the share in which I have by far the most confidence to do consistently well.

Seems like sensible ones are getting in ahead of these results.

It would be very difficult to present disappointing results after that preamble, My guess is they will be fantastic.
Ladies and gents, take your positions.