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Not marking it up as mine is below - thankfully but only after a lot of averaging down, sold fully twice, bought back in!
My Average: I have 3.8
Guys there is no "news due" - where is this coming from?
We have a month ops update that is always for the month behind. Other than that we are not expecting anything. Also when we do get our monthly update is not likely to be earth shattering, we are looking at slow and steady increases to oil production.
Sorry if that is not the narrative that the shrill shrieking ramping crews are giving out. You are best off ignoring the majority of posts on here.
Slow and steady she goes. The SP will recover and you will do very well out of this investment if your average is sub 5p. But you will have to wait a couple more months yet. 6 I would say before we start cooking on gas!
The old "2 sexes, many genders" thinking normally navigates you through the current maze that is all that kind of talk Mr Stewart Houston.
Hope you might consider retaking your A level in Biology :)
Stuart Huston - you literally know nothing about anything.
We will find out if the gas injection system is working in December/January's production figures. So far it has not been working anything like as well as the old one but we are giving it the benefit of time.
We will NOT find out if the system works from the likes of shysters like you that only tell one side of a story.
Strong buy for LTHs.
Good points Lee thanks:
"On the second point you are talking about going backwards, which was all in the past and the next announcement will show us if that is history or still some issues to resolve." - Yes hopefully we will see this moving upwards now 👍Lets see what January figures bring us.
With COPL there are two simple questions you need to ask:
- Why is the JV taking so long? If there was a billion barrels of oil just waiting to be extracted do you REALLY think companies would wait around? There are very many good reasons the JV is not being signed off.
- If increasing production was a given then why is it taking so long and going backwards? If it was a simple as installing some new gas extraction system then why are we not seeing any improvements?
Truthful answers to these two questions will give you a true picture of COPL and what kind of returns you can make if you bought now.
- The JV could still happen. Don't write it off. Just do not base your investment on it and look at the history of Arthur the man that has supposedly brought us this JV. Have a look at the lies he told about Nigerian licences. Be VERY cautious.
- Production WILL increase but it will take time. So no we will not have 2000+ figures for December and anyone even suggesting that you will is clearly misleading and lying.
I would rate this as STRONG BUY. It is a no brainer that it is going to go up my a small order of magnitude over the next 6 - 12 months. The shrills and trolls don't like that though! They want to ramp it and sell COPL as an overnight multibagger then sell up and pee off.
So be very careful with the narrative being pushed by the so called "respected posters" on here.
With COPL there are two simple questions you need to ask:
- Why is the JV taking so long? If there was a billion barrels of oil just waiting to be extracted do you REALLY think companies would wait around? There are very many good reasons the JV is not being signed off.
- If increasing production was a given then why is it taking so long and going backwards? If it was a simple as installing some new gas extraction system then why are we not seeing any improvements?
Truthful answers to these two questions will give you a true picture of COPL and what kind of returns you can make if you bought now.
- The JV could still happen. Don't write it off. Just do not base your investment on it and look at the history of Arthur the man that has supposedly brought us this JV. Have a look at the lies he told about Nigerian licences. Be VERY cautious.
- Production WILL increase but it will take time. So no we will not have 2000+ figures for December and anyone even suggesting that you will is clearly misleading and lying.
I would rate this as STRONG BUY. It is a no brainer that it is going to go up my a small order of magnitude over the next 6 - 12 months. The shrills and trolls don't like that though! They want to ramp it and sell COPL as an overnight multibagger then sell up and pee off.
So be very careful with the narrative being pushed by the so called "respected posters" on here.
Guys... you are invested in Lloyds not an AIM oiler discovery..... a rally on Lloyds means 0.1p increase.
Yes I mean the board must be so glad of the break as they have been working so hard for the last years. They have been flat out on the sofa.
The simple lie - adapted from a post by some Calmybalmy guy:
In the midst of the somewhat hilarious, ever more vociferous and desperate ramping posts by the shills and their paymaster rampers, it's helpful to just keep posting the simple truth that COPL is almost certainly the most underperforming stock on the market because of totally shi te management and the constant lies about huge production increases and imminent JVs.
In a single one of our assets we have an independently verified 1 billion barrels of oil but it is just really bloody difficult to get it out the ground. Even the previous owners who knew about the oil didn't bother. We can post how much money that 1 billion barrels will give us but if it is too costly to get it out without SIGNIFICANT new infrastructure then it is kind of moot. Though the ramping shrills will do all manner of mental gymnastics to explain why it's not!
i don't know about binary 188******star but you certainly sound non-binary to me darlying ❤️
"I'd like someone in the Industry to tell us all how long a typical reservoir takes to respond to Gas Injection.This GgS seems to just drag on and on and ON.
When will it end???"
Better still Bob the old method they were using prior to the new system we used to produce more oil!!! Great new system. Can't wait for it to do more.
@DimWittedTrader: I mean what's not to like?
Stas20 you can say whatever you like, your opinion is pure guesswork based on zero education or experience in this field and indeed it is just a number, any number that could be picked but one you like to pick to justify your position, it means no more than if I asked the cashier at Waitrose for her opinion. - it is uneducated claptrap from a person I am quickly learning is just as most say, an internet troll with nothing but malice to spread.
There you go Stas, I corrected your post 🙌
Looking a bit healthier this morning :)
Keep up the buying please !! It would be pretty stupid to short sell this at this level. We can only go up and will be doing so gradually as long as production increases which it should. All in good time
The only thing that is going to increase the SP is solid month and month production increases and us heading towards the 2000 production mark.
What do others see as the "main thing" that will increase the SP?
BigBear - I think you are right. We need a totally revamp in the new year. New name and everything. However if I were the CEO I would be waiting on:
- Actual solid production increases close to the 2k mark
- JV over the line either way. Proceed if good, kill it if not good. But don't have it hanging around like a bad smell like it is now.
Once we have those two things clear then I would change the name and even the market. They might want to cut off the LSE with all its shorting.
Pretty embarrassing FinIsATwatTrader!!!!
This is VELA that went from 0.15 to 0.015 that cost many thousands of people a lot of money and has so far only managed to recover to 0.02ish??? People lost many bags there yes and have been waiting over 2 years to recover. They are still waiting so yes absolutely "Guys.... do yourself a favour and sell." was a spot on comment as there are far better investments out there. VELA is a dog as you would know if you have been invested. I posted there as I sold out many years ago after breaking even and not throwing good money after bad.
Any more stalker weirdo posts from you today Ash/Fin??
Got people for whom English is not their first language the term few does indeed normally refer to two. You can Google this and reference the first reply that comes up which again states few generally means two. Never ever have I or anyone else seen few to mean three. Only an utter idiot would state it to mean that.
"I'm not referring to 17Nov post.
I m only talking about his MODT RECENT post from which zi paraphrased. I've the " within days," projections.
Oh what a tangled web you weave!!!!!!"
Oh sure you were Bob! Yeah not the post that everyone else was referring to! Bob when you are caught out then admit it. You got it wrong.