Member Info for wookieemonster

Well, apologies on desk by end of day re placing. But more importantly what happened to all the money raised in Decembers placing to buy cuda?

Traders dream once again but very solid structure now and cuda pretty much in the bag but Arts recent purchase is even more strange now.. very positive news overall moving forward .

Gold you only seem to get excited by any negative you can get the negative? Shorter i take it or…? And bridge a good post but lacks any counter thought… or balance. You refer to 88e but a very very different company. We also are producing.

You focus on 1 low performing well rather than our… low performing wells.. which, we know, or have been told is due to issues regarding higher pressures and upgrading equipment. We can and should be able to quite easily achieve 5000bopd+ I use that figure as it was one of the early targets published December 2021.

We also have a production life incline, not decline. This means, in simple terms, as we are a new company, that production will increase over and over. Higher POO means better profits. We got Atomic as a good deal at far less $ per barrel remember. So..

If you only focus on only the second hand my friend you do not see the time.

Agree, money / good financing is critical, but our debts versus assets is actually pretty small. Cuda gained or not is a positive either way, more money v immediate production uplift.

The reason we are here is the uncertainty, but even with that we have valuations of well over £1.

Assets. Fundamentals.

Again agree, it’s a pivotal point for COPL. However we are not searching we are optimising and could be an exciting few weeks ahead. ( certainly am hoping so )

If discovery legit. Data is there and additional survey work relatively “easy”. The biggest hurdle will be money. And creating the pipelines and infrastructure to cope with 3 wells per mile over a large area.

They’ve already said this discovery is confirmed twice. What we need is recoverable reserve upgrades.

Trust in Art on both sides of the oggin not great. And no wonder. But not given up on Art yet. He’s caused us all much grief but can’t help still believing he’s playing his cards close and has a very very cunning plan.

Just hoping after all the NT business he has a mind to catch the manipulators out. We will see. Hopefully a good week ahead.

Have a feeling radio silence more likely to a new deal being worked on. Seems likely but will see.

Haha likewise! Same page it seems.

If that’s the case Bigbear hopefully £3 would be the worst deal we would get, have a feeling, if things go to plan Art won’t let this go for cheap and prefer to progress alone if no offers of at least £5.. hard to even comprehend when at 24p

Lots of work to do first, but on the right path. Oil & gas not an easy thing. We need to up production asap if we want good financing and cash flow to fund further development.

Buy sell action has changed, maybe we are finally getting there.

Well no unwanted news this morning which is nice, not getting excited for small rises especially when at 35p a few days ago… I’m sure looking forward to getting cuda resolved, it’s been a real spanner in the works. Hope all the drama pays off.

Look I, and a few others have genuinely been suspicious of a placing for months and taken a lot of flak for it, so 1) this is hardly news. 2) The only reason that suspicion has any probability is the frequency and consistent sizing of sells / churn going on, But most importantly is 3) there is NO EVIDENCE of this being factual or true.

Art has bought a sizeable chunk at now a much higher price. He’s even made multiple statements about both some of the rubbish being spouted on public forums and also about shorting. Leading to 4) if Art has done a recent placing at 20p then my god he will of absolutely cemented his doom as a completely untrustworthy CEO!!! Saying no placing, and then placing, then having a go at people and also then buying, to, in this case, create false hope, and THEN do a placing will seriously and heavily negatively effect copl in a huge way…

The real factor now is, if this article saying placing at 20p proves to be untrue then I fully expect a proper court case and investigation. This cannot be overlooked. If the article is true then we have both a case of insider trading and probably the downfall of our company as no one will ever trust Art again.

Art will soon let us know his true colours very shortly. Hair now I prefer to place my trust in the one who got us Atomic, & discovered a huge oil find rather than some ego keyboard warrior. But we will see who is telling the truth soon enough.

As it stands is there any evidence at all this article is correct?.. I don’t think so.

Don’t let yourself, and us, down Art.

Dire times, let’s hope a better day/s to come, can’t believe we are 10p less than what was already considered low..

Agree Harry, by my mind 500% would bring us, dilution considered, to close to what you might consider a fair base level. Considering it’s at least 100% just to get back to near our out of suspension price. Then POO was considerably lower, and we had not yet discovered the extra 1.5 billion barrels or so and the importance of having “safe” reserves was not such a priority.

Still, we need cuda resolved, production increased and further validation of reserves and move forward with next drill programs, all of which we are doing :)

Not many shares with this amount of potentially game changing news so close.

Totally.

That’s been said a lot but let’s hope so! Onwards and upwards

Personally Wouldn't be surprised about a placing, suspected one for months. But it’s very much speculation. However, if anyone is thinking circa 2000bopd is currently our maximum production ability from current infrastructure then your going to be very pleased when proved wrong.

When you consider that production should easily achieve 5000bopd now, at least, and considering high pressure and upgrade installs to cope with higher pressures then it’s not at all hard to come to the conclusion production has been intentionally limited in the past months. Purely down to good reasoning rather than purposeful reduction.

I know a little about what I’m talking about but hey.

Good post. Can only give my perspective, I’m in my 40s and loved gaming, though never put the sort of time in many kids do now! Saw the rise of online gaming and how it’s changing the way it all works. Also the game market is larger than the movie industry! Yet we don’t yet have gaming celebrities, sure in their word they do, but for the general public not so. However with the amount of prize money to be won and the way technology is advancing it’s only a matter of time until we have “gaming celebrities” known on a wider scale. It’s not a great spectator sport, I’ve never enjoyed watching gaming but gamers do and there is an ever growing pool of players wanting to compete and be known.

Fact is Gaming is huge, and it’s almost certain early movers will grow. Innovative large institution will be wanting to take positions in such companies and will further raise the profile, it’s only a matter of time imo. I do agree it’s highly important to have some game centred minds in the mix on a board level, gamers don’t by default want to be overly corporate and needs to be slightly edgy. Branding clearly very important.

The game market can only grow and as much as I disapprove of kids spending hours and hours daily playing games the fact is they do and will in great number. Gaming is a competitive sport and has a huge captive audience. As long as we have power and the internet it’s only going to get bigger and bigger and bigger.

This is a market that people who invest heavily and over 50-60 would overlook for now and invest in O&G etc but the new investors 16+ will be investing in what interests them! The right advertising and attention to new young investors all strong reasons for growth.

Can see this doing very well, but we will see.

I also feel the word constraint was important. The website clearly showed target of 5000bopd last Christmas as was not met. This means that they knew full well that was an easily achievable target at that point with the systems all ready in place.

High pressure comments also reasons for holding back until equipment upgraded. Should imagine we should be able to at least double or triple production with ease. Imo based on company info.

What a rollercoaster this is. Looking forward as ever. Still pretty convinced another placing being worked as well but could be wrong, speculation only but if so I’m sure for good reason and long term benefit.

Only another 10p on current price to get back to precious trading range.. crazy considering 33p considerably lower than low valuations of around £1.40..

We should of said goodby to these prices along time ago. Let’s get that production up asap!!! and resolve this ruddy cuda situation. Dragging on.

Iron I don’t often mind you but that made me money post was really very low considering the posts you’ve made…

Perhaps in future you should be clear when you buy in or sell. Only as you post so much and that particular post makes you seem like a genuine manipulator. Not trying to dig as like balanced views here.