Member Info for Sam12345

If it’s anything like last Friday we’ll finish strongly!

Shaa I agree be nice to finish tomorrow 0.45p upwards!

It has to be next week as the accounts extension says on or before the 31st Aug but that’s a bank holiday Monday so It has to be next week which means we should see at least one RNS next week!

I think we will follow the same pattern each day until news falls imo 0.40p is now the floor and moving up to higher lows as people load up for news, news will drop when we are least expecting it and likely to be intraday to tie in with canada

I know it’s so frustrating as puts off new investors buying in! As they say follow the money!

Here’s the two buys I mentioned:

20-Aug-20 10:00:05 0.4096 5,000,000 Sell* 20.48k O
20-Aug-20 09:59:33 0.404 5,000,000 Sell* 20.20k O

Connah that’s what I thought... follow him and you might get there with time, seems to be doing a very good job at it atm!

Looking very bullish and primed for a breakout

Connah, I’m good friends with him and he actually owns 70M shares at around this level so at 1.5p he has made over £1M at this level... think you maybe a tad jealous ;)

I know someone who just topped up 2 lots of 5M here, one shows his confidence and two shows that MM’s don’t want to display them I bet they are marked as sells later today when they appear but 100% are buys

Source AVDFN;

Someone keeps comparing COPL to SDX on the LSE which is complete nonsense! Here's why: SDX are a gas producer, they do around 5,000boepd, but don't be fooled by that because its gas not oil. 1 boe is around 6mcf. However the price of gas in Egypt is around $1.04 per Mcf, therefore 1 boe of Egyptian gas is around $6/boe. When you compare that to the Nigerian oil price of $45-47/bbl its significantly less. Its the equivalent of 660bopd of Nigerian oil and they're capped at over £30m. If/when Noa-2 is drilled then I'd expect COPL after 90 days to be testing wells higher than their total production (assuming they take up their option of an extra 10% on 226). So in fact due to the fact that Noa-2 is estimated to do more than SDX from a single well it makes these look high potential at just over £20m cap. That's without going into what the 9 compartments of Noa may contain reserves wise.

Yachtmaster haha that make me chuckle

Could you re-post the link?

Looking good today Baserite not boring after all haha, anyway be interesting to see if it is a leak or people realising what the SP should really have been

Completely agree baserite, we have to hear by Sept 30th on PSC extension, I think it will be a lot sooner I thought this week or next week but not sure with the insider buys now as of insider trading regs but even so 6 weeks to double your money isn’t a bad wait and return period!

Oh haha, my mis interpretation ;) hopefully all will be revealed soon enough seems 0.39-0.40p is bottom floor which is good, just need news and we’ll fly again

Baserite won’t be boring when news drops!

Shaa exactly and the other Tuesday when the RNS dropped the SP dropped around this time and then the red dot appeared and was all systems go wonder if it will happen today!?

Ben I agree take everything on here with a pinch of salt and most have there own agendas anyway, you do learn who the genuine posters are though and who aren’t, I wish you well in your investments

Hawkes I agree patience is key and where I have fallen down in the past, I mainly bought on the extension RNS so my average is around 0.49p but I bought in the because I seen it as derisked I personally don’t see any reason why the PSC extension won’t be granted and then we’re away, yes if I had waited a week I could of got my average a lot lower but I honestly thought and so did so many others it was worth 0.7p on that RNS I’m in longer term last week or so it went down to 0.33p and I continued to hold and not panic, hopefully in the next week or so I’ll see blue especially when PSC is announced im thinking 0.70p minimum possibly hitting the 1p mark, we’ll see but I agree patience is key in these shares and if I was patient in EUA I’d be very rich now!