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In hindsight it was obvious due to the sell off. At least it has mostly been priced in. Couldn’t organise a p!sa up in a brewery this lot - and as for insider leaks it clear clear the new BOD are as bad as the last lot
Can someone wake the MM's up. SP not moved
RNS just out
Yeah - thanks for pointing out the shocking bad figure. 19% rise on a pitiful January figure. Still nowhere near where we should be
I Hope for Art's daughters sake that something comes good of COPL. She's got a whole career ahead of her but there is a good chance she will be tarnished with her dad's legacy of how he managed to screw up having a billion barrels of oil and his complete distain for PI's.
I've lost about 10% of my life savings on this turkey so far - I did sell out of the day of the fall but bought a small amount this week at 7.1p in the increasingly unlikely event that Art can turn it around. My sights have gone from paying off my mortgage to getting half of my losses back - what a start to 2023 :(
This time next year Rodney ….
Assuming they can get a rig
Something in the air today thats for sure !! Lets hope they've sold their first batch :)
Best thing HE1 have done in the last 18 months
Was expecting a RNS today saying they have spudded. This is day 5 from the RNS saying they would spud within 5 days
According to Trading View it is opening at 6.5p
******* my life
Absolute shambles. AM should go to jail for this
In the absence of a RBL or JV, the production determines whether we can pay off our debt so yes, I would say production will help or hinder the SP
Glad I bought more at 19p after a 20.4p buy yesterday
@BC - it is showing at 4.85 on Trading view, or at least was
And no i don't own share currently. I took a heavy loss and sold up when it was in the 8's but I still pay close attention to the share in case DM actually does something useful as a CEO
Surprised to see no posts given the share dropped 17% today with no RNS. Guessing the last person holding shares already turned the light off at they left the room. Assuming some sort of leak to say they won't be drilling anytime soon
Regardless of whether it takes 3 weeks or 3 months to finalise negotiations, surely it is prudent of any CEO/company given the 25% drop in SP in 2 weeks to at least say that the JV company have returned with something and that negotiations are on-going. And if he can't do that, at least update on the completion well
Nice chunky but on the bid after hours
According to trading view - they've put a flag of Feb 1st for the Earning report to come out. Not to say that is correct but they are usually close enough so it might only be a couple of weeks to wait?
If Art is allowed to say he is waiting for a reply from said large company in early January, regardless of any NDA he is allowed to say he has received something so I don't buy into the 'he cannot say anything'. That is all the market needs to know. Unfortunately his incompetence as a CEO and narcissistic attitude as a person prevent him from doing what he should be doing and that is informing the market in a timely manner.
I guess we wait till Monday to be disappointed again.
I know I'm being negative but this share/CEO is doing my nut in. Not sold any by the way, which is probably why I am venting as 90% of my portfolio is up but as this is my biggest holding I am basically break even