Stas, If he had an ounce of self respect, he would not be currently posting incessantly and rubbing investors the wrong way.
I think he enjoys it tbh.
Just a sad old man, with no friends (nor family to speak of) attention seeking.
Akin to arriving at a funeral, and then telling the bereaved family what a fool their loved one was.
Complete loner imho...
The rise over the last few sessions is encouraging.
Maybe not 15p today but it will come and push further on as it becomes clear that those involved will fund this massive mine into production...
Gla
If you release it, those who are being complained about will see its content.
Why give them that small advantage.
Seems a few Anavio supporters are on here today, Nameless are you one of them.
You always said the bonds would destroy the company, was that inside knowledge???
Agree, we are all responsible for our own buying or selling.
The motives have me perplexed also. Why grant $4.5m for GGS, then Grant another $4m to get it through to Q1.
Then need another $2.5m so not to breach covenants and then to top it all of they say they are no longer buying NGL.
Yes very toxic Mr D. Nice to see you posting all the same... Take care!
Shti situation for all.
Mr T
I have always admired your optimism, however I agree with your earlier post in so far as where did all the money and rejigging of finances go.
Operations
The Company has stopped natural gas and NGL purchases. Oil production for the 4th quarter, up to December 28, 2023 averaged 1,083 bbl/d (gross).
I think you need to cease being so positive. Anybody buying in now is taking a big punt, sorry to say.
How quickly and how you reacted is telling Uncle T?
Yes what did happen to 5kpd pathway
Topside in place and funding for $500k per month to begin to ramp up production of a field capable of at least 2700 per day.
Nobody would make light to the subject matter you referred to.
So why bring it up. Was anything found or not??
Full investigation required on activities COPL related..
GFY
Despite his procrastinations about saving PIs, he was relentlessly posting, (often under multiple monikers -BaggyMcBaggy etc etc.) about how the company would fail under the pressure of bonds, in fact how the company would fail at every opportunity no matter what it did. (Never once giving a positive opinion on new CAPEX investment and new additional funds provided by Anavio that were, "on the face of it", designed to give COPL breathing space into Q1 2024.)
Some may think that he was part of a concerted shorting team, constantly spouting negativity and completely clogging up the board with his masters view...driving the price ever lower.
Anavio have a lot to answer for, and anybody who is associated....with information on the inside??
Why did they give $4.5m for GGS at 4p (Only to forward sell via third party driving the price to 2.6p)
Having got the strike price to 2.6p. Why then did they provide another $4.0m specifically to up the injection rates and provide COPL with OPEX out till Q1 2024.
Why did JVP walk after 1yr of negotiation. Why "chat" for a year to suddenly walk away after recently signing LOI??
Now Anavio have provided another $2.5m at a strike price of £0.0015 to stop any covenants being broken, whilst simultaneously appointing a specialist in company wind ups and asset sales...and then proclaiming no more NGL's are being purchased
What was ALWAYS needed was more oil production (2.5kpd) to get the company out of this hole, but is seems at the point of nearing that "euphoria that I and most other post Atomics, invested for" the rug was pulled-- AGAIN--.
This does need investigating, and RBMs endeavours have to be commended and fully supported.
As for any apology, Nameless, you can post all you like, you will get none from any supportive poster that seems to have been lied to. And had the rug pulled from them at the last moment
Production was key to all.
Why has it been stymied recently, by whom, and for what reasons???
NNTR