Member Info for Roharps

I think buying CNNOC probably makes sense even if it reduces liquidity.

Is there an indication of how much Cuda was exactly or will that only be know after its approved by US?.

I assume such a purchase would be for an amount in proportion to the amount paid for Cuda?

I think an Oil Major will buy COPL Wyoming assets eventually. Just hope the assets will inflate as much as possible before do. 'If they do'

I think that is the best answer to be given. Its alot!!!!! I am not even gonna try because its probably impossible with the number of cost factors involved - but even 10% profit from sales over the life of the lease is many many times the MCAP.

Wow.

I think I have found a simple definition of a 'Stratigraphic trap'. Wonderful as those words were challenging for my challenged brain.

'A sealed geologic container retaining hydrocarbons' that is all it is.

Copl have three mentioned in their presentation.

If these are added together (520m+680m+146m) = 1.36 billion of gross secondary recoverable in the ground!

Is that $136 billion dollars worth at $100 dollars from those three traps?! Omg !

Now I know there are royalties and loads of other costs to pull it up over the decades left on the lease, but what is the best cost per barrel here. A really hard question I know. Maybe its impossible to answer.

Also can the flow rates be high enough to pull it all out by the end of the lease?

Price per barrel was $10 dollars after costs. That is like... erghhh ... $13.6 billion.

:-0

I am not gonna lie I was not in top set of maths when I was in school so need help calculating the really high numbers of 1000

You should put off digging your garden Copl Holdler!!! You might find oil.

I have a hunch there is at least a billion barrels down there. Might be a mile or so down... so keep digging.

There... that should keep CH off the board for a while.

I have done some further deep research today. It really is very exciting what is happening down at the powder river basin. The only reason I am invested long term is because the SP did not return to 30p as I expected as i placed a trade after ART called out the BS on social media. Which is still ongoing actually. I have bought two times since and will not be bothered at all if the SP goes down again in the short term as I could do with more shares.

Once the rare bird allows the drills in August, those should happen quite quickly. The drill equiptment can cut thrrough upto two miles in no time. Then further in the future more money will be raised for more drills. Probably in 2023.

There are facility upgrade, plumbing upgrades planned that will all enable good income generation in the future. We have warrants that should convert in next six months for more spending to get things going and lots of parties that have an interest in the share price going up!!! Not down so i expect shorters and trolls to lose out in the future.

Art is very invested at higher price which is good and expecting him to reach into his pocket again in a quiet period. I think he probably wants more.

I am also super hopeful about a number of banks lending to COPL post August to bring down cost of capital.

This is all about patience. I do think the oil price being high is vital for a time whilst COPL is reliant on ramping up production which costs money and reduces reliance on placings. .. but I think it will be high for a while.

If any of my views look unrealistic or if I get anything wrong just let me know.

Very true. Just making a bit of light fun of it really. Us holders know the potential value of COPL in the future.

What has happened elsewhere though today is absolutely terrible.

Well that is just typical. I waited for a 19 entry point all morning which never came and then it comes just after I buy in. Lol.

Dollar has stregnthened against £ but that is OK as the Wyoming asset is also in dollars. Quite relative overall. Debt goes up but so does asset.

Just put another 5k in. This is my lot now.

I was hopomg it would get to 19 but it didnt.

Very similar situation with GAME in 2012. I managed to get out that time but have never touched a close to going under company since.

I feel sorry for the shareholders of Mcolls

Will Morrisons be only bidder given they are involved in the supply chain?

Cant see why they will want to pay much of a premium when the only alternative is adminstration. Unless someone can help me understand.

I think you are right.

As long as ASOS is adding to its customer base it will enter the next cycle stronger and better and will find efficiency savings in the supply chain as a result of being under pressure in the doom time.

It was almost predicatable how the media took the rate rise yesterday and instantly linked it to doom and gloom. The media will always make it sound more bleak than the situation really is. Bad news sells and pulls in readers/viewers.

Buying into certain shares in the market at times like these if you are brave... can make money over long term. Buy low ... sell high.

ASOS is massive and can weather through storms as can be seen from the past.

Some postives I can see are.

Interest rates will bring down inflation
Young people will want to buy cheap
Some young people will live at home
There are still plenty of jobs
We are invested into an established retailer which is still growing in terms of sales
Its spring going into summer time when new outfits are wanted

Anyone think of anymore positives? These are just some.

It has been in a downward trend now for 9 months. But it is a share that could rebound explosively given a change or easing in the Macroeconomic factors which are driving the decline.

I don't think any of us know when things will change. We think the SP is super low and can't get lower and then it dips again after a few percent of rise.

I hold and hope.

I think quite simply that Boohoo was oversold yesterday because an over reaction to results. After results were examined with greater thought, I think the SP adjusted.

How can this not be going up? $111!

I am so unlucky with my holdings. Oilex. 20p pricing then churn. COPL 20p placing than churn. Held Oilex since 42 p and bloody hope this frac does its job.

Hopefully now these placings are done and things can rise up a bit over time. Forward selling sucks... should be banned but then again these spiv companies keep oil companies in business.

Just thought id lay off a bit of steam. But on the bright side the cost of energy is sky rocketing. Hopefully get to see of the value of of it.

GLA

Not about the past - its about the future. Onwards and upwards. Happy with COPL's cash position. Enough to add value ahead of any future capital raises and will be supported by oil production rev at hopefully this oil price or above longer term.

. The oil price is not falling after yesterdays rise. Looks like alot of buying pressure.

I looked at Ukog early this morning and decided it was a 20% at best... but no 80%+ bloody hell