We would love to hear your thoughts about our site and services, please take our survey here.
"The last $2.5m loan after the default notice was received"
I know the shares were given to Anavio....
BUT
It there any proof they gave us the cash.....?
Is this the reason the injections stopped?
I wonder what the output per month would of been now, had the injection rates been upped to 5mcf per day?
They stopped injecting months ago, yet the field is still delivering 1000bpd.
Great and highly motivational post Stas!!
I will also be fully supporting the CAG on its quest for justice for each and every one of us.
The small fee to pay is just that.... a small fee.
Looking forward to the call.
Nobody saw Gaffney...
It was last seen at breakfast dressed in a chichen outfit.
Rumour has it, that he could not bring himself to order a taxi to the start line, and indeed shat himself....
Book your singing holiday to canary Island via...
Coplaction@ceclegal.co.uk
Who are, "OSLER, HOSKIN & HARCOURT LLP" representing?
The doc is addressed to them as the court is expecting some kind of appeal from them. ? ?
Agree that previous and current BOD should not be immune from further action!!
Nice. Well done Yankee....
"Furthermore, the FCAโs Market Oversight Directorate (MO) is responsible, amongst other things, for monitoring compliance with the Short Selling Regulation (SSR) and the UK Market Abuse Regulation (UK MAR).
MO have been made aware of your complaint.โ
The noose tightens a bit further.. ;-)
Angus, take some confidence from the fact that the firm of solicitors are offering a now win no fee deal.
This would indicate that the legal team firmly believe we have a strong chance of recovery, or why would they dedicate hundreds of man hours for no pay....
Given the amount of evidence of wrongdoing sloshing around, especially that short tracker detailing Anavios position at key stages of COPL development is very telling.
https://shorttracker.co.uk/manager/anavio-capital-partners-llp/
Keep calm and carry on with your daily life. CAG and Mr Cotter will be in touch.
Quote of the week so far...
"but itโs being done quick as COPL have no funds so not sure there is much to argue/change in the process we are within now."
COPL were "allowed" to be granted funds... exclusively by Anavio. Both for new GGS - $4.5m (seemed to have worked a treat) And - $2.5m to prime the field with NGL back toward 5 to 8 mcf per day systematically bringing up oil production. Enough to get beyond 2k per day b/e point.. (Each taking huge swathes of ownership!!))
WYOG evidence suggests nowhere near $500k/m was being injected following successful GGS upgrades.
Then Mr Tom Anavio said he was stopping injections, and we suddenly had no cash. And btw JV dude suddenly and without explanation, fukced off??
Notwithstanding the above , the filed is currently producing 1000 barrels per day........