Member Info for Sharebel

26-Apr-24 09:05:25 0.1637 51,250,123 Unknown* 0.16 0.165 83.90k

And another example! Where o where did thou get these from Mr Market Makers? Pray do tell! Unbelievable but hey they aren’t hitting the market until next week? So where did they come from? Perhaps Scrotum126 or OldDuffer could write their thesis on this? This can’t be a genuine short at this level to be dropped in just above placing price there’s no point at this juncture. Naked shorting? Are they trying it on to cover? No genuine holders would follow suit to sell now in any worthwhile volume that’s for sure. Hey MM we see you and it’s all noted. All the while MM happy to allow me to sell them my two large tranches all in one go! Company sit idly by and do nothing when massive trades being made pre submission to the market of the actual placing stock next week and you naive folk think forward selling isn’t/ hasn’t happened. I would be mindul of that next week when the charade is played out of the placing shares entering when reality is they have been and gone now over past weeks. Don’t let the shorts left off by following that fake narrative - I would be buying up all I can now and next week! IMHO DYOR

So take a look at PK’s latest affidavit! Can’t believe they sent this only on 11th April, six days before LOI were needed. I note they haven’t actually included the teaser pdf to court info- I would like to see a copy of it. If you want contact details eg Spectrum, Latium and BP - they are all on the email that he’s attached. IMHO DYOR

So buys or sells…because of course it is not legal to forward sell shares that are not due until next week so where o where is all this large amount of stock today and yesterday coming from considering the low volume we’ve seen today…questions questions! And you still think it is not forward sold? Churn it quicker quicker normalcy resumes! Either way buys good or placing stock being sold good! IMHO DYOR

Date Time Trade Prc Volume Buy/Sell Bid Ask Value

24-Apr-24 10:06:40 0.167 15,000,000 Unknown* 0.165 0.17 25.05k O

24-Apr-24 11:44:57 0.167 30,000,000 Unknown* 0.165 0.17 50.10k O

24-Apr-24 11:21:02 0.169 15,000,000 Unknown* 0.165 0.17 25.35k O

24-Apr-24 07:33:21 0.165 25,000,000 Unknown* 0.165 0.17 41.25k O

24-Apr-24 08:25:32 0.168 25,000,000 Unknown* 0.165 0.17 42.00k O

24-Apr-24 07:29:41 0.165 25,000,000 Unknown* 0.165 0.17 41.25k O

24-Apr-24 08:25:24 0.168 25,000,000 Unknown* 0.165 0.17 42.00k O

24-Apr-24 13:09:48 0.167 15,000,000 Unknown* 0.165 0.17 25.05k O

25-Apr-24 17:05:48 0.17 1,500,000 Unknown* 0.165 0.17 2,550 O

25-Apr-24 15:51:51 0.1664 30,000,000 Unknown* 0.165 0.17 49.92k O

RBM - But surely if as is one of their (BP) suggested remedies to have a longer SISP process and sale process then we may have some chance of actually getting the price and true value of our assets in a sale to a 3rd party rather than this quick fire round which has demonstrated, was not an appropriate timescale in which to do so. IMHO DYOR

That’s very true on the media front! I think their (BP) legal objections are totally valid to the AVO - that as well as being unfair to them it was indeed too short time period for such huge assets to find a buyer. I’m intrigued what PK will respond with to this as we have all said there wasn’t enough time to sort. Also am I alone in feeling they are simply wanting to get it all done and shout next. I honestly thought when we eventually heard that PK had been appointed to restructure that there would be better solutions to work through instead it just feels like a cookie cutter approach and feel very let down by him and even KSV. IMHO DYOR

Apparently PK wrote to a shareholder this on 8/4/2024 and NG KSV was copied in

PK wrote

‘We have undertaken extensive reach out efforts including sending over 160 teasers to both strategic and financial potential buyers and the data set is robust for potential purchasers’ and

‘Indications of value are due within 10 ten days so that will give insight i to actual value and from indications this company will likely not be public going forward’

NG responded to the shareholder with this comment in response to above

‘This is precisely correct. The market will speak to value‘

Unbelievable right well it absolutely did not! Also he said 137 in the affadvit?? So do we get a 2nd go then now BP are not happy with this. IMHO DYOR

Saint yes this has always been a question never answered and bloody annoyed me, I mean come on how quick it all was

‘PK and Province REPLY to Arthur and Tom Dec 19th accepting the gig so they obviously contacted him weeks or months before the JV pulled the plug.‘

Well now looks like BP might just fight back and unwind this quick sale SHB nonsense as they are arguing against it! IMHO DYOR

Well BP are not happy basically saying all the things we have been saying that the process was far too short! Look at this -

‘The efforts to market the COPL assets were focused on a defined pool of recipients. A press release was issued, but not a solicitation. No general solicitation was made through relevant industry publications, so the entirety of the marketing pool was limited to the targeted recipients.

(b) The solicitation period was very short. This is not uncommon in CCAA proceedings, due to prevailing constraints, but the fact it’s common, to run shorter processes, does not reduce the importance of ensuring effectiveness. In this case, interested parties were afforded very little time to discover and assess a complex operational package, with a notional floor value exceeding $55MM.

(c) BP was advised by at least one potential purchaser that he made inquiries within the solicitation period and received no response.‘ ‘

Unbelievable and yet believable that they dd not respond! IMHO DYOR

Yankee a quick peruse looks like they BP want it refused and not approve the AVO for the SHB?

‘18. Should the Proposed AVO be approved?

19. It is submitted the Proposed AVO fails to meet the applicable statutory and common law requirements for a vesting order, particularly in view of the attempted extinguishment of BP’s senior creditor position.

20. The requested relief must be refused, and COPL may pursue various reasonable alternatives in its restructuring path.‘

I like the end bit! IMHO DYOR

Does anyone not think it is very odd that neither the company or PK who both got the shorting information (that guy who highlighted it on here was truly terrific) but didn’t contact the authorities in Canada or UK? PK amended the affadvit application slightly to include but that’s all there was no actual full detail. He told one shareholder the following in response to asking if they had informed the regulators of this shorting action which I find quite shocking! He was afterall interim CEO at the time. I think this shows the measure of him and to think once I thought he would be the saviour!

‘Anavio is not the senior secured lender, the stalking horse bidder or actively participating in the sales process. If you have concerns with their prior behavior you should pursue them yourself. ‘

that says it all doesn’t it. This is why we absolutely need to get that general meeting back on asap. We should all be emailing him and asking, nay demanding! IMHO DYOR

For a while now you can sell for more than you can buy! The real spread is wafer thin but if you want large amounts they will not live quote and take it via NT like they are trying to discourage buyers. All forward sold as I maintain and MM want stock but afraid to mark it up as once it moves people will be on it. If there was so much placing stock sloshing around why make it difficult to buy large quantities?

Just for MunnieMoans the point went over your head that was placing stock being sold into the market yesterday last of - and underpinning that it was forward sold over last weeks. I didn’t say it was a buy but the opposite. 127 million shares dropped in that’s no pi it was a placee! If you are so naive to think the placing stock drops in next week then I have no words for you except perhaps open a post office savings account instead! IMHO DYOR

You need to understand the reasons for the suspension and delays to settlement on trades. This was and is being heavily shorted it seems. The trigger presumably for the suspension was uncovered naked shorts that couldn’t be settled and were highlighted. This is why this will go lower beyond the placing price and that is why its not a good buy today. You would need it in the 6-7 range to really muster people to buy in any volume and that is said with no ill will. IMHO GLA

OIL BBLS - 29404

GAS MCF - 65595

WATER BBLS - 8782

http://pipeline.wyo.gov/AllOpcoProd.cfm?oops=ID48157&RequestTimeOut=65000&nOpco=1769

So slightly up on Feb figs - all this still belongs to COPL until sale and legal transfer completed which according to docs will take a few months yet so more production revenue to come. IMHO

And yet you can buy as much stock as you want - live quotes in 9’s all the way up to still 90k and price quoted going down. Not for me today! Too much swill and dilution for very little in return now. IMHO DYOR GLA

LOT Dr Cooley just dumped a heap of stock today see the TR1 when LSE has caught up. Not a buy today I’m afraid. IMHO DYOR

It really is not. Not today. I am literally telling you facts. Whatever, big yawn Alan. I can get a live quote in the 9’s to buy up to 89k’s worth and THAT fact tells you all you need to know! It goes to NT at 90k - you are welcome! IMHO DYOR

I can certainly buy any amount so absolute bull that its NT - you can buy eg 40k’s worth no problems I am just not going to obviously! IMHO

All of those huge trades yesterday showing at close one for over 127 million shares- last bits of the placing stock and people still think it wasn’t foward sold! Where did they get all that amount of stock from then considering they aren’t supposed to hit the market until next week! Naivety here is breathtaking! Fully funded, placing done, stock forward sold, shorted to lower placing price and now off we go - expect lots of positive news released one after the other inc the rumoured 100% buy out and interview! However that Oz naked short will still need to cover ouch they will soon get frozen out! IMHO DYOR

All of those huge trades yesterday showing at close one for over 127 million shares- last bits of the placing stock and people still think it wasn’t foward sold! Where did they get all that amount of stock from then considering they aren’t supposed to hit the market until next week! Naivety here is breathtaking! Fully funded, placing done, stock forward sold, shorted to lower placing price and now off we go - expect lots of positive news released one after the other inc the rumoured 100% buy out and interview! However that Oz naked short will still need to cover ouch they will soon get frozen out! IMHO DYOR

Another £14k addition to my position for me today thanks very much! Marvellous! Could not resist! IMHO DYOR