Member Info for RodneyT

You are of course 100% correct DS. So much to play for and it will all kick off this week. The website is terrific and will only get better. Huge thanks to the creators for all their effort and excellent output. It will be polished day to day so that it becomes a genuine stepping stone for those who wish to enter the data room. It will be the GENUINE SHOP WINDOW that anyone with a brain realises that the formal document and Affidavit are not.

Then there is the Class Action. Going really well and news later this week I suspect.

Stas20 and others doing a great job emailing possible bidders. Is anyone keeping a list of who has been approached?

Then we have the protagonists and some new names on the list! Time to focus on the other Board members not just those from start of Q4 until now (although Mr Gupta is going to be looked at extremely carefully in light of BFSU, the GGS and his role with that). Cowan too. Just look what he said as CEO in November 2023 in that RNS.

Then there is Arthur Millholland. I know that Stas20 has an outstanding file on him already but it will always be open to new evidence so please reveal all that you know about AM to Stas20 folks. It's now or never. Talking about Mr Millholland, why isn't he helping us get the best price for our assets? Could he not assist us with a list of all his oil business contacts who might be potential purchasers? He's made no formal announcement since he left as CEO at the start of Q4 yet the Company has imploded since then. Why has he said and done absolutely nothing on the record and has instead just sat back and watch it all go south? Is he still a shareholder or did he sell out months ago? Can we get the share register and prove it either way? What about Anavio. They are certainly fellow shareholders . Could we collaborate with them to try and get the best price for our assets? Anyone who thinks this is over has not thought through how much there is to play for and how long we have to make an impact. There is so much to do with sales and marketing then there is finding more evidence on these people including the new arrivals to our list. Then there is the Class Action. Anyone who doesn't want a top price for our assets is clearly thinking like the buyer or are the buyer. They and they alone want our assets on the cheap. Of course they would want us as sellers to think all is lost. Of course they would. That's a key motive. They are wrong of course. All to play for. More soon. In the meantime, Carpe Diem. One foot in front of the other folks. Don't ever let the oppo see or sense you down. It's the greatest day ever. Press on.

Question gents: Do you think a mini-campaign which shows beyond all doubt that AIM has been high risk and poor return for many years, on balance, would be worthwhile? Highlighting the behaviour of all the protagonists, rubbish performance and so on? We could then via this route bring the key focus onto COPL. That will be the focus. Broad Church first then focus. I just think the big story first would get more attention. I looked at the performance figures earlier. Utterly naff.

The RS report was not in the public domain and may be subject to a non-disclosure agreement. If it has been obtained illegally, it would not only be inadmissible were it to be presented at our Court case later today but possession of it by us would likely be frowned upon by Judge Johnston. At this critical time for all of us, I am asking you to drop the matter of this RS report. Nothing in that report can help our case in front of the Court but just having a copy sure can hurt us. Please remember that as well as the common interests we have as a group. We must stay within the law at all times and not be guilty of what we are accusing Anavio and Co of doing.

Just a brief note to confirm that CAG informs its response to PK's Affidavit has been confirmed as received by the Court and passed to Justice Johnston. There are no other details at this time.

Outstanding Stas20. There are also huge errors in Exhibit J. Have a gander. Check Sept and Oct 2023 actuals. They are identical. What a farce.

Yes, BP are there too. That is my understanding.

Like to see the receipts for that purchase as well as an explanation of the WOGCC data which does not back that statement up. One of them is incorrect. Which is it?

Thanks for clarifying RBM. A fair outcome for all small shareholders has always been the aim of CAG.

Thank you. Let's see what he would like to say then.

Who are you quoting there?

He is the COO of Anavio.

Can you cut and paste the comments you are referring to so that these can be reviewed?

I am stating that CAG has no market-sensitive information. The information it does have has been obtained from the public domain. Insiders such as COPL directors have access to a variety of information that CAG does not have access to. An example of a routine communication is CAG sending a request for a GM and then COPL's legal team acknowledging receipt of this request. The CAG is effectively an interface between COPL and a group of shareholders. It is not 'an insider'.

CAG is not party to any inside information. CAG is party to information it has spent countless hours retrieving from the public domain and collating this information. Not all of what has been collated has been distributed so far. What happens over the next few hours will likely determine which way enquiries go next.

CAG hasn't instigated a full review of TW so far. That can change. Let's see what the next few hours bring.

Another area to investigate is the Annual Reports of these companies. Who are the directors? What are their credentials and how much is their remuneration? How are they being incentivised? Can they effectively sign blank cheques?

But wait, dear reader, the eagle-eyed amongst you would have spotted one winner! Argo Blockchain with plus 30% since its July raise last year.

Marco D’Attanasio, yes, the very same gentleman who is CEO at Hadron Capital and who sits alongside our very own Thomas Richardson at Fenikso was a director at Argo Blockchain between 21 July 2020 and 29 July 2021. An RNS in July 2020 said that Hadron held 13,548,000 Argo shares at the time. The Argo share price at the time was 3.75p. When Mr D’Attanasio resigned as a director on 29 July 2021, the share price had risen to 132p or over 3400% more. Since then, it has gone down by 85%. I have no idea why, dear reader, do you? How could that be?

Peter Krens has been busy for his employer over the last couple of years. He and his colleagues at Tennyson have a list of the deals they claim to have completed between Jan 2022 and Jan 2024 on their website which you can freely review (at least for now).

Here is selection for you in chronological order. First of each month has been used through to 6 March 2024. The only ones not included are private companies where the data is hard to find (Osmatic), overseas ones for the same reason (Tag oil) and one where the company symbol is hard to decipher (G). If you can find the data on these, please come forward with it.

Incidentally, it seems like the going rate for financing is about 6% commission payable. It is difficult to tell as there is not full cost and charges disclosure as per regulated investment business in the UK so it could be higher or lower than this. At COPL the figure of 6% was referred to along with warrants awarded. There could be fees paid addition.

1. Jan 2022 CYBA $8 million deal. Sole Broker. Share price since then? Minus 21%

2. Mar 2022 Europa Oil & Gas $9 million deal. Joint Broker. Share price since then? Minus 64%

3. April 2022 COPL $13 million deal. Sole Broker. Share price since then? Minus 99.6%

4. May 2022 i3Energy $20 million deal. Joint Broker. Share price since then? Minus 68%

5. May 2022 Streaks 3% Market Cap. Sole Broker. Share price since then? Minus 79%

6. July 2022 COPL $20 million deal. Joint Broker. Share price since then? Minus 99.8%

7. November 2022 Streaks $4 million deal. Sole Broker. Share price since then? Minus 79%

8. November 2022, We Cap $4 million deal. Sole Broker. Share price since then? Minus 45%

9. Feb 2023 Diversified Energy $ 163 million deal. Joint Bookrunner. Share price since then? Minus 57%

10. Mar 2023 COPL. $12 million deal. Joint Broker. Share price since then? Minus 99.1%

11. March 2023 Beacon Energy. $7 million deal. Joint Broker. Share price since then? Minus 73%

12. May 2023 Block Energy. $2 million deal. Sole Broker. Share price since then? Minus 24%

13. July 2023 Argo Blockchain. $12 million deal. Joint Broker. Share price since then? Plus 30%

14. Sept 2023 Beacon Energy. $5 million deal. Sole Broker. Share price since then? Minus 77%

15. November 2023 Southern Energy. $5 million deal. Sole Broker. Share price since then? Minus 47%

16. Dec 2023 WeCap. $1.4 million deal. Sole Broker. Share price since then? Minus 11%

17. Jan 2024 Argo Blockchain. $10 million deal. Sole Broker. Share price since then? Minus 50%

Pretty much a Sea of Red for the share prices then. Of course, we don’t know what the Tennyson remuneration was for their part in the raisings but just supposing it was 6%, the above would be around $17.7 million commission over 2 years to Tennyson whilst the shareholders of the companies who raised these funds had to deal with the above. For guidance, the MSCI World Index with dividend reinvested was around plus 7% over the same period.

Great post first thing RBM. Keeps it real.

CAG is aware of many life tragedies as a result of the behaviour you all know about. Things that can't be undone. Also, many of those involved continue to suffer and, for a variety of reasons, are unable to help themselves currently. It has been and will continue to be the duty of CAG to represent those people as part of an overall quest to achieve a fair outcome for all small COPL shareholders. Thank you for reminding us RBM. A great start to the day. Let's get working and find something new on the protagonists.

If you review Tennyson’s website, they have a section which provides a selection of companies with which either Tennyson or Mirabaud was involved in raising finance.

There are 30 or so companies listed. Some are private, some overseas, some have been taken over and some have gone bankrupt.

I spent some time reviewing all these companies and their share prices since Tennyson/Mirabaud got involved.

I could find no example of a share price that had done really well. Several had done very badly or the business had become insolvent. I estimate that the cumulative figure for all the data I could find was around minus 58%. That startled me bearing in mind the underlying markets over the last few years and how strong they have been. Risk/return is part and parcel but I couldn’t find any strong return.

I would like to know much more amount how businesses such as Tennyson are remunerated and how this remuneration is disclosed.

At COPL, did Tennyson receive remuneration for introducing Anavio and Thomas Richardson or did Tennyson have a fixed fee with COPL? How is Tennyson incentivised if indeed it is?

The salt in the wound presently is COPL's share price is down 99.97% since 9 March 2021 - the day of Tennyson's appointment as the Company's joint broker.

..Why is that, dear reader?