Disgusting how Art and Ryan can pay themselves so much.
The BOD monthly salary bill vs mcap is outrageous.
A company Losing money and a crashed share price should equal a sacking not extravagant pay. It isn't his company to destroy.
JV know money will run out in the end. So prob feet up waiting.
The cornerstone investor only chucked money in to keep the lights on. Otherwise would be bust as no bank would lend the company money.
Bond holders are converting and bailing out with now lower strike.
Its holding up well. But guess bond holders will just sit on the offer. With volume so low all depends how desperate they are to get out. They seem pretty keen!! But no one is buying.
Are they thinking next Rns is Arts slam dunk Consolidation.
Jiddy you have ramped this constantly from 20s maybe higher all the way down to 4. Hope no one bought in on any of your ramping. Constantly trying to tell people to avoid your green box brigade who have called it right but being opposite view to your ramping you abuse them.
Hopefully most people have green boxed you and avoided you.
Mcap 18m
vs
BOD salaries (ridiculous), loss making plus burning through cash just raised. Production numbers not going anywhere.
How long will cash in the bank last. A couple of months? Then what!
Those that voted this BOD back in are to blame. Art and Ryan can't believe their luck. Prob award another bonus/pay rise at some point.
It was always going to sell off if all resolutions were passed with no in depth explanation.
Production results weren't great either which didn't help with sentiment.
Ground hog day. A bag here doesn't even get sp to double figures.
Wonder if anyone will offer Art an Interview. Proactive seem to have gone quiet on them since the last 2 interviews back end of last year when Art told us a load of misinformation.
Most CEOs do interviews post Financials along with brief update of current goings on.
Will he or won't he.
Sp holding up well....thought be low 4s this week....thought pi's would head for the exit as Art is going to crush us with his tactics. Guess most down so much % wise pointless selling. Now a real punt/gamble for pi's...this BOD think they can do what they want...disgraceful bunch....
Sadly Harry everyone in is now stuck and hoping for a miracle of some kind to get out flat or in profit.
Like Eazy said ones looking at it can likely work out how poor the BOD are and avoiding at all costs. They have played a blinder so far in misleading trapped investors. Our own fault as we clicked buy!!
Proactive won't have Art back on after his 2 interviews back end of last year where he completely mislead shareholders.
Art and Ryan need to go now. Pay themselves ridiculous salaries and bonuses and got the company financially in a terrible state.
Now proposing huge dilution going forward. They need stopping now.
Look how many left to convert too!!!!!!
My concern is they will continue to convert and sell heavily on any good news dampening any potential rise.
Now accepting this may never get back to my 0.14p average unless JV saves the day and we can get rid of the rest.
The JV should have no power to tell Copl BOD what they can report to shareholders Especially on production or work over well as its been going on so long now. Think that is just a pi excuse for Art. Shareholders own the company not the JV who owns zero currently. Maybe the JV are flexing their power as want the sp this low as can obviously get a better deal than when we were nearer 20p!! Art's fault.
Not sure what the continued obsession with TW is. Yes he writes negative articles on copl which I've never read but seen snippets on twitter/forums. TW isn't the reason we are at 5.5p. It's the CEO of Copl.
Sadly I got blinkered and topped up after Arts 2 rampy interviews back end of last year. With an average of 14 will take alot now to get back to even break even as have bond holders and law firm with millions of shares that will be selling lower than this average. TW called it right. Art has been missing since those 2 interviews and subsequent 65% sp crash after his Rns. Wakey wakey Art....