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Cry Wolf did you not read the RNS for goodness sake. They have just been through a horrendous winter with record breaking snow and cold temps. It is still causing problems as the snow melts, that's why production is down. Good grief some people.
Another very important statement not yet picked up by people, “ Substantial additional technical evaluation has been undertaken during this period, which has led to a better understanding, and increased confidence, of this resource.”. The billion barrel new find is looking good and it’s now been looked at in detail by the Big Oil Compant. This is taking time but it is coming together, hang in everybody.
Definitely starting to look like a takeover to me. They have held the shares down for a considerable time now allowing somebody to acquire shares on the cheap, kept quiet to the last possible legal moment allowing them to collect even more shares on the quiet. Hang in people now its out this is going to climb hard.
Important couple of weeks for the company as they sell themselves to Europe/US investors and companies. This is where we could pick up a big battery manufacturer who wants to commit early to ensure supplies.
'Plant' kind of says it all really if you add 'life'.
Not a chance Truejack, there is a small matter of ongoing JV discussions and nobody in their right mind is going to vote for a change of board at this stage. AM is very annoying at times and he clearly feels little for his shareholders but now is not the time to change him out.
So Louise if real oil people are not in this stock what the hell are you doing here. Certainly not invested here so it must be short or are working for TW and his gang. I have no idea how you people sleep at night when you quite deliberately set out everyday to try and make people lose their hard earned money. No morals at all.
AOFC before making a fool of yourself, you may wish to do some homework on the company that will answer all your questions. Why should people do your work for you, unless of course you are here to cause mischief.
I can see EF is going to be a massive pain in the ass over time. Self appointed Bond expert which would be great if he did not bang on about them every single post. COPL all hangs on a JV or getting a lot more oil out of the ground. Some may remember Dragon Oil who went for £8.50 when they were taken out, producing 7000 Bopd with about the same number of shares as Copl if I remember right. Even if COPL does not get a decent JV if they can get up to 5000 Bopd in the next year we will be in a much better position.
The first thing SAGA need to do is lift the requirement for Covid vaccine and boosters for all their cruise ships and river ships. No other line still has this requirement and all its doing is stopping people from booking.
Lots going on in the background with news coming about their recently completed drills in the next week or so. The pilot plant should be up and running in the next few months. So it is all coming but we all know that patience is not something most investors here have much of, they are looking for instant gratification and its no wonder people loose loads of money on Aim.
Yes I believe they are testing the same zones as us, but it looks like they may have discovered another zone which if it produces will again be good for us as this well is only a couple of hundred meters from the boundary with us. Would be extremely unlucky to not also have that zone on our land as well.
It's not taking off yet as we have seen this news before and then nothing. Long long way to go before this becomes a sure thing. The next week will help with the logging and then the long wait until a possible flow test next winter. All looking good so far and fingers crossed that we have found the mother load.
Art is not great at writing RNS but for goodness sake people he does not have to keep mentioning the JV every time he writes something. It is ongoing and if it wasn't he would have to tell us because them's the rules. He literally has no say on the time lines regarding the JV it's in whatever company is looking at it. Let's all grow up as it is not helping the SP by constant complaining.