Good Morning COPL holders9 Jul 2023 07:21
Looking forward to the weeks and months ahead, i dont normally pass on comments/thoughts, however today is a good day to be a COPL shareholder, imo We have endured weeks/Months for some, on an ever declining SP, caused by Bondholders converting and washing through shares, shorts?, probably, but not too sure about that,
anyhow , the important fundamentals are the SP in no way reflects the true "Valuation of the Assets" or the Debt that we have on the books.
it was good to see the Gas separation units arriving on site late Friday, im sure if that news would have been released earlier in the day the market would have reacted much more positively ,
looking at the units , they look like its just a matter of a couple of hook up points to complete the connections into these units and run an electric cable into them, then they are good to go!!!!!, i wouldnt be surprised if by the end of next week they are all systems go!!
with the other 5 units to follow the following week and a repeat of the above,
So with all this installation going off in the next couple of weeks COPL will be in a great position to benefit from a good rise in production from August onwards,
The second half should see COPL returning to a profitable position, imo , all eyes should keep focused on the WTI oil price as we move into August/Sept/Oct, etc
if we can prove that by October we are in a profitable position going forward , we can then plan for the drilling of a Horizontal well into the Cole Creek frontier field, with hopefully the JV in full participation!!!!
A Crucial 3 months lie ahead, which could see COPL rise from the ashes!!!!!
im hoping we now see a PR campaign from the BOD of our Company and push the message out that COPL
"are alive and kicking their weight " in WYOMING!!!!
Good Luck COPL share holders , everyone else with ulterior motives can do one!!!!! have a great weekend and dont spend too much time on here, see you all on Monday