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None of us knows what the future will bring let alone what future share prices will be. However looking at where COPL is and all the activity involving M and A's with some of the majors in the PRB, the fact we have the largest onshore find in the US in decades, the enormous carbon capture potential, does anyone really think any of the majors are not very seriously sniffing around? The sp will do what it does. What I am interested in and what I am waiting for is when we have conclusively demonstrated our potential, what t/o deal will be done. I don't think it's wishful thinking to believe this is going to be on the cards at some point in the not too distant future. Work still to do though.
I am a very simple soul. In my view, right from the get go COPL has been about production. Proving it can get the black stuff out of the ground in sufficient amounts to turn the company into a mid sized producer (or be bought out). What this package has done is to finally give the company a realistic opportunity to prove itself. This might be the pivotal moment when we can look back and say Oct 6th. 2023 was the day that secured COPL's future and as a result made us the profits we are now enjoying. Let's see.
Someone thinking of investing here and coming in without the emotional baggage, frustration and negativity that many long term holders understandably have, would presumably do their due diligence and have a very hard look at all aspects of this company leaving no stone unturned. Drawing up a list of positives against negatives, risk assessments, potential for success against failure, assessing truths and falsehoods etc, etc. In other words taking a completely fresh, comprehensive look at what we have here. What would their conclusions be? It is difficult for those of us who have been here for a long time because many of us have got wrapped up in the emotion of it all. However, I believe a newcomer, having done a thorough research would reach the conclusion that COPL is on the brink of a significant rerate and will be a very different company in 2024. Unless the company is run by lying criminals (clearly not), and the RNS's are complete works of fiction, (again, clearly not) significant profits will be made next year. All the facts point to this and in my opinion there will be, at some point in the next month or two, a pivotal point when the evidence for this will be conclusive. We just need to wait for that pivotal point.
Totally agree with stas. The August figures were never going to be significantly better than previous months. The RNS was very clear and said quite categorically that it was restarting the gas injection in September. We don't know when in September and I would imagine it would involve a gradual increase in pressure rather than opening the valves fully straight away. My own expectations are that this cautious approach will be reflected in Septembers numbers. I am expecting some higher numbers but I don't envisage maximum capacity (if that is the right phraseology) until the new year. I fully understand the frustrations folk are feeling, I feel them too. I was disappointed when I saw August figs but then re-read the earlier RNS's and thought, ok, it's taking a long time, but it is very clear to me that we need to wait a little longer.
I now have 89 posters filtered. That probably says as much about me as the folk I have filtered. I just don't have the patience or inclination to repeatedly read drivel. This remains a very hard watch but I have made my decision, for better or worse, to stick with it. As far as I am concerned and on the balance of probabilities this remains a strong buy and a stock that will eventually make me money. GLALTH
To anyone who can read that our situation is getting better by the day and by the week. I don't need or want the likes of this StanAccy (chap) or anyone else for that matter to tell me what is happening and what is going to happen. It's in the RNS. I certainly don't want him or his ilk to tell/advise me what to do with my investment. I am quite capable of doing that myself thank you. I am very happy to keep my investment here and wait for whatever outcome befalls us. I am more confident now than I think I have ever been that this will provide me with a decent return having managed to bring my average down to about 11p. My filter box is full to bursting with idiots who think they can influence me with their inane drivel. There are some excellent posters here who provide me with the information I need to work out what exactly is happening. We all know who they are and I am really grateful to them all. I am staying and topping up just a little as and when I can afford it. I have lost about 40k over the last 10 years dabbling, and I am hopeful I will be able to recoup a good portion of that over the next few months here. If I am fortunate enough to do that I will take my leave of 'dabbling' in these markets and leave it to those who know what they are doing. The very best of good fortune to all genuine investors here
Also I would respectfully ask those who are buying here now (maybe for the first time), before they make comments, to consider the very long term holders and supporters of this company who are feeling very aggrieved at how this is turning out. Their averages are way above the current sp.
It's those who have supported AM and this company over many months and years and who bought confidently at much higher prices I feel sorry for (myself included). Those who buy now are laughing and I wish I was one of them. I need 20p to break even and this seems unlikely atm. Nothing to do but wait and hope. Good luck to those of us who have been here a long time and either cannot or will not throw more hard earned into the pot.
Roxi, when I first bought, the sp was over 30p. For me to hold over 500,000 shares I would have needed £150,000. Despite lowering my average I would still need a huge chunk (for me) to hold that number. I think that applies to many on here.
Like many, I guess, I can't afford to average down and I am not prepared to sell at this ludicrous price. I have no option other than to sit this out in the hope that it gets turned around. There is no point moaning and groaning. I bought in believing AM and in principal this still looks very hopeful. Confidence has taken a real knock but l will have to wait like everyone else. I just wish everyone who is a genuine holder the very best of good fortune.
Eazy when I first read your post I saw 'scare the missus'. I thought WHAT??! Not 5 mins ago I had my wife ask me about how the share price was going. I responded as I have done for the last few months 'yeah not too bad sweetie'. Well that's interesting she retorted. I've just taken a look!!!!. Ah....Enough said. There is an 8 hour wait at our local A & E for non life threatening (fortunately) injuries.
Oh God. I've just come back from a very pleasant lunch and was hoping to read a bit of info re progress. Having filtered Stas I thought the bb would read a little better. Unfortunately, it seems he continues to infest. I would imagine he continues to repeat himself endlessly regarding his feelings towards AM and the board. I don't know about anyone else but I got your message ages ago Stas. You might be right, I dunno. However, when push comes to shove, I am holding until this succeeds or goes t*ts up whatever you say. Now, give yourself a break and instead of spending all day repeating the same diatribe, go and do something useful. Society is looking for volunteers to help out in all sorts of areas. Get online and put your name down to help out in a foodbank or the NHS for example. You'll feel better for it. Many on here would feel the same. Good luck with it.
I do feel rather foolish now. I should have seen it ages ago. It never sat right with me that this Stas character would continually berate the company and cause concern for many posters and yet insist he holds a large number of shares. No-one in their right minds would do this. I have also come to the conclusion that he is a charlatan and someone who should not be trusted. I should have done it long ago when I first had my doubts about him/her but a definite green box.
Always interesting to read posters who boast/imply how intelligent they are. In my experience very few really intelligent folk rarely resort to personal insult when they want to make a point or are in disagreement with someone else. Trans, I find it difficult to stomach your unpleasant and aggressive tone. Filtered I'm afraid.