Member Info for RodneyT

That is my understanding too. Also, Summit had a lien on COPLA assets, BP did not. BP's Court submission seemed opportunistic, this latest action does too. We will have to see. Meanwhile, I'm proceeding with MC. Irrespective of the BP outcome, MC has targets to pursue on our behalf. I'd like him to get going ASAP.

Good find Ryan. Justice Yamauchi stated there was no right of appeal which was acknowledged by Counsel. What happens next following this move from BP will be interesting. Personally, I want MC and his team to get going as soon as possible so I won't be delaying things.

I don't understand what you are 'saying'. Please explain.

The £60,000 has been a sunk cost for many months now. CAG is committed to achieve a fair outcome for all shareholders. The definition of this does not merely refer to money, it relates to holding to account the actions of various parties. The actions that have got us to the position we are in now.

One wonders why you are so zealous on a Sunday afternoon when you are not invested? What's your motive? You seem so emotional! My personal losses are over £60,000. I am delighted that Mr Cotter is representing me. His achievements for investors in Arch Cru, etc were exceptional. I hope he will achieve similar for me.

Your last remarks are libel.

'Doomed to failure'? Obviously you have a reason for saying that. What is it please?

I'm always happy to answer difficult questions about COPL so long as my replies will not negatively impact on Mr Cotter's work and/or offer advantage to CAG's opposition. What would you like to ask?

Michael Cotter retrieved many millions of pounds for investors in Arch Cru, Key Data and ARCK. Have any of us seen complaints from those investors who, without Mr Cotter's guidance and skill would have remained high and dry in relation to their investments (as we currently are)? Bearing in mind the enormity of losses at the moment (well, at least in my case) I am not in a position to invest the 10's or even 100's of thousands in legal fees that this Class Action would require were a pure fee-based legal service to be used. Personally, I am extremely grateful that another CAG member introduced me to Mr Cotter. His CV is highly relevant to our situation.

Covered with absolute candour by Michael Cotter in the 4 Zoom calls. A recording of one of them made so that any of us can corroborate.

We do know that Steve. PK's Affidavit showed no evidence of $500,000 per month being spent in Oct and Nov as confirmed by John Cowan in his Nov RNS plus the WOG website shows no sign of the gas those figures amounting to being injected. We also do not know whether NGL is the ideal gas for EOR in the field.

No my friend. I am not mistaken. Issued shares is all that matters. If it were not then BHP selling all its shares would be dilutitive in that they have sat on them for years. Share price times issued shares equals market cap. You may be thinking about free float which is a different matter. Solgold selling shares owned by Solgold Canada is not dilutitive. Of they cancelled the shares, shares issued go down and, all things being equal, the share price would go up.

Non dilutative. No new shares are issued. It so happens that the shares in question are owned by a subsidiary of Solgold (and may be sold to another owner in due course).

Many thanks Ryan,

Your interpretation of my opinion reads well to me. Of course, none of us know what will happen - we really don't. But we have done so much research - perhaps hundreds or even thousands of hours between us over the last few months. And just like getting fit, we are starting to see results. We must continue to work hard and together. We have done this so far which is why we now have options. For those of you who attended, who could not be impressed with the performance of Michael Cotter? Sincere, humble and talented. For those of you who did not attend, please accept Mr Cotter's invitation to further presentations later this week. We have to remember that we are going into the Class Action phase now so please be careful with your words and actions - look after your fellow COPL shareholder as well as yourselves. All the best Ryan.

It is a binding Order of the Court with no right of Appeal. This does not stop other charges and Court procedures of course.

It's a binding order by the High Court my friend. It cannot be stopped. Mr Justice Yamauchi has made his decision. Other matters are able to be brought to Court of course but this order is binding which is why Mr Justice Yamauchi was very thorough ensuring that there was plenty of time for questions at the end of the Hearing.

I'm sorry Sharebel, I don't wish to comment on that.

Many thanks Ryan.

I've already set out my opinions about what Summit could have in mind as well as referring to Michael Cotter and his Class Action project. These are the 'hoping for the best and planning for the worse' scenarios that I read somewhere else recently.

Based on the research I have done so far, I have no reason to query whether PK has carried out his duties professionally and lawfully. That COPL was in such a state for him to be appointed in the first place will be a key element of the Class Action and has nothing to do with PK.

It does not seem unusual to me that, given the state of COPL and the activities of certain parties, Summit are now using their lien to acquire the assets covered by the aforementioned. Again based on the research I have done, both PK and Summit have a reputation for professionalism. The same cannot be said of Anavio. Setting aside their role at COPL, recall their violation of shorting rules and subsequent fine by the Norwegian financial regulator. Summit has only acted in the way that any sensible party would act in my opinion given what they had to contend with. These are my opinions although, of course, hard evidence does exist of shorting, conversions and so on. I do not wish to comment in more detail there as this could impinge on what Michael Cotter has in mind to best serve shareholders.

In my opinion they did, yes.

Many thanks Saintnick.

Have a think about Anavio and what they did to try and acquire COPL for peanuts.