RE: COPL Remains In Late Stage Talks With A Major Oil Company For A JV On Their Billion Barrel Plus Oil Discovery In The USA23 Nov 2023 14:15
All of this talk means nothing if COPL cannot get the oil out of the ground.....I see the price is back on track downwards. There will be no JV if production does not increase, and quickly, as if it does not this company will go to the wall due to its burden of debt. Simples. Personally i have doubts that the improved GGS will succeed as my trust in this company is virtually nil, but i hope i am wrong. As I said before, the question and answer session is all about putting out fires and nothing about good news. The hype here has sucked in more investors and now they too are caught in the web.