Good Morning14 Jul 2023 05:26
COPL holders, well its been almost a week since we have taken delivery of the GGS units, so we should be very close to getting a couple of these connected up by now, im sure there will be some commissioning issues to put right as the tweak open the valves and put the units into full operation, im expecting good news flow over the next couple of weeks, and um sure we will see some decent increases in the early August report ,
its even better news that as we start to open up these units the Wti oil price has increased by almost $10 since its low in June, a trend i can see slowly climbing to $80 dollars over the coming months ,
A far cry from the $30 dollar days which led to the Downfall of Atomic and Cuda ,
Yes today we find our Mcap sat at an extremely low $10 Million dollars, which in my view is a complete farce even if we had 2 Billion shares in issue , which many companies do , some even higher numbers, ?, but the true value of the Company is not its Mcap, as the Market see it. its its Assets -V- Debts , and the value it would generate if an offer of JV or even a sale agreement where to be reached,
Arthur and the team on the ground are now at the cusp of proving to the Market that the "BIG FIX" will work and the Miscible flood program will accomplish its task of returning COPL to a profitable position before the end of the year. with 2024 being a breakthrough year for COPL .
Anyhow thats all i have to say this morning , i wont be posting 10-30 posts like some we know, im happy with the work schedule planned for the next few weeks, which will move the needle for COPL and its share holders,
Not so happy with the SP , buts its not too far away from my breakeven point. so nothing to much to worry about on that front,
Good day everyone, lets see if Arthur will be taking delivery of the other 5 units over the next couple of days, keep em peeled on the media outlets for more PR . looking forward to next week!!!!!