Member Info for Transhaven

I really hope so! And then a steady increase after that.

The issue is still the bonds though....

"Are letters of intent legally binding?

A letter of intent is not legally binding in the same sense that a contract is. This means that if the deal falls through, then neither party can sue the other for breach of contract. This is because a valid contract never existed.

Instead, a letter of intent provides a clear description of the deal process, and the negotiations that are underway.

If parties choose to enter into a letter of intent, they still have a moral obligation to treat the other party fairly, but if they decide to cancel the letter, they have the right to do so without being punished."

What is a 100% though is that both parties NAMES need to be confirmed.

So what we have been provided with is a fat zero. Not even a name. Also Art and COPL can walk away at this stage with ZERO legal implications.

Whilst it is great that the SP has increased nearly 20% on the back of this letter, it is also meaningless without basic info like names of parties and is 100% non-binding.

Until we get solid confirmation of any JV then we are no farther forward.

Flava please buy some more tomorrow morning :) And some more on Monday...

You will save the day with your uncanny buys!!!

Actually can you buy just a little EVERYDAY - thanks.

Buy more Flava !!!! Buy more !

"So at current pricing with HEAVILY discounted figures above, COPL has a MCAP £10.7m but is sitting on a value of $477.6m(£369.2m)…surely some can agree the maths isn’t adding up at present?"

Care to factor into that the bonds being issued? Care to factor in a very untrustworthy CEO that is dangling another carrot in the form of a JV?

Care to explain why if we are worth 639million the SP is this low? MMs being nasty? Bah.

Wake up.

Easy the only person in the "matrix" is you. Time to wake up and stop regurgitating Arts RNSes. They are looking like cold dry sick now.

Brattus - that is just not going to happen. Art owns COPL and will never let it go. We are stuck with him. We are all just hoping that he has a plan to get us out of this death spiral.

Anyone know what the SP would be if all bonds were out? 0.01p or something horrendous?

It is VERY normal Strobe when:

- investors can see bonds being issued weekly

- vague details about a JV are dangled

- the CEO has out right lied many times in the past

So the MMs have just taken advantage of this sentiment and the investors are not touching anything with bonds being issued like confetti.

Strobe2007 - "Now look at what the market has done/is doing, stinks!" Er no. Look at what the CEO of the company has done by giving false JV signals and a terrible finance deal with bonds.....

The blame lies squarely with the management of COPL not MMs or anything else.

Most of the LTHs that have high averages are just to frightened to sell (like me). Once you sell you have officially lost your money.

Whilst there is still a hope that this comes good most will not be able to stomach the huge losses and therefore hold. Or worse average down (like I have also done in a different account).

Yes maybe it would be best to cut losses but not many can stomach the loss even if it means they might lose everything....

You will look for anything to try and justify that your head is in the sand and you are about to get run over FastFood!

That link has zero to do with COPL or the JV, you are just desperate. Go on admit it you have invested in a dud.

"Then the entire OPL226 story just faded away" - just as the JV will do as well.

Timelines please Art, an update on what is being discussed please Art. Actually anything to prove there is a REAL JV out there please Art.

Wow Easy, that's all you got? How about a few more pointless quotes from RNSes with made up figures and missed deadlines?

🤣🤣🤣

Agreed Alan but who is the idiot:

- Those that parrot Art's RNS like Easy, EdgeIn (Arthur) and Tilburn?

- Those that only talk when the SP is increasing like Shaa?

- Those that blame everything on nasty MMs when actually it is just more sells than buys?

- Or are the idiots those that call out the rampers?

Or are we all idiots?

But that has ZERO to do with NFX relax.

Because I bought in at a higher price and I know that this shares SP fluctuates so will wait till we hit 1p again and GTFO of this dog of a "company". A company that does not even have a CEO let alone any drugs that it has a route to market for.

It was a high risk punt that did not work out. No point in selling now as something MIGHT happen to increase our value and allow LTHs to exit.

But FFS what company would be interested? There is no route to market for any of the drugs we are trailing.

But Stas20 he will live a very rich life based on poor performance and mistruths to lure investors in.

We should have all learnt after Nigeria. He dangled licence agreement for years saying that "was happening". It never did.

Now he has magically found a billion barrels of oil and has been dangling a Joint Venture saying "it is happening". Will it?

There is no COPL without Art so any attempt to remove him is letteral investment suicide.

Dickbait is second most abusive and angry old man crying about his investment and blaming MMs, shorters, EVERYTHING but Art and his own fingers for pressing the buy button.

Please report these posters so we can debate on COPL without the insults and abuse.