Member Info for TicoR

worth...........IMO that little nugget that Art dropped into that RNS regarding Occidental is pure gold.....a hint to JV partner and their 57 billion MC..........:)

20p for start of 2023 by the looks of it...:)
Then the JV RNS will drop early to mid Jan and then the brakes are off...........sky is the limit...:)

around with some numbers.
If we say a billion barrels at $80 per barrel and value in the ground (old and trusted method apparently) is equal to one third.....$26.7 billion.
With a 95 % knockdown to that it is still $1.33 billion........staggering really.......approx $3 per share...........but hey ......just passing time.......*** packet calc.........:)

week..........looking forwards to £20.23

Exactly........all eyes on COPL.........."commencing countdown JV,s on "..........:)

posts be removed.......hmmmm ?

via a successful JV all remaining debt will be wiped out and any need for future loans will evaporate...........we shall wait and see .....January not far off.......:)

Has flatlined most of the day so far.........practising for the suspension RNS.......:)

bit for me in that RNS........"COPL has agreed to this request and has been recently advised that a potential way forward will be presented by the JV Party in early January 2023."..............that a way forward will be presented.........so JV partner wants this IMO..........Art just has to agree........:)

to Bowie with a few beers.......Space Oddity..........sort of struck a chord........apologies in advance....:)
"Ground Control to Major Exxon
Ground Control to Major Exxon
Take your oil drills and put your helmet on

(Ten)
Ground Control
(Nine)
To Major Exxon
(Eight, seven, six)
Commencing countdown
(Five)
JVs on
(Four, three, two)
(One)
(Lift off)

This is Ground Control to Major Exxon
You've really made the grade
And the papers want to know how much you paid
Now it's time to count your barrels if you dare

This is Major Exxon to Ground Control
I'm stepping through the door
And I'm floating in a most peculiar way
Cos my oil stock looks very different today

For here am I drilling in a oil lake
That's far below the world
Planet Earth is blue
This discovery is brand new........."

Apologies again......had one too many and it's only just past eight.......:)

Found it again on Bing........now with warning video is private............. somebody does not want public to view it..........wonder why.....?

Maybe it was not meant to be posted since it definitely mentioned IPO in Jan 23.......don't know ........could be another reason altogether ?

that video update been removed............cannot find it now........?

That would be something.............I had all but given this up........looks like we have something to look forward to now.......:)

Good find Dave.......looks like it's happening..........cornerstone investors from Europe, North America......and Asia Pacific........let's see what January brings......:)

Hopefully at least 1/50th of their proposed $25 billion project spend finds its way into COPL.
$500m for 50% would be a nice start to the new year.....:)

A 30m valuation at 50% dilution gives SP approx in the 75p range..........getting better but I will remain pessimistic with the 20s.
But as I said wtfdik

SP
19m shares issued
4.055m warrants
3.2m shares if converted CBs
Total 26.055m
100% dilution
Total 52.11m
12m GBP raised
15m GBP valuation
SP.....29p

I would take that but hey wtfdik.........all a guess

all is not lost......it appears we have a glimmer of hope...........I would just happily accept my original investment back.........to relist and bag would be a bonus

Doubt it........these accounts don't look like a multi million pound outfit..........looks more like my window cleaner !