RE: Blue5 Mar 2022 18:02
The only reason I can see being trapped in this bizzare range is
a) Forward selling another placing for ramping up production asap, and possibly a choice made post art buying a chunk in relation to current affairs. It would not surprise me in the slightest if something along these lines came to light. ( I can say this as not a trading day and people twisting their knickers far too tight in response )
Or
b) the market only looking at released data on low production and the debt working against capital and being essentially loss making. Which would also explain Atomic assets not being fully realised in SP. The discovery without official verification also not being considered as a factor either. Market being very harsh to COPL overall, in part, I suppose with Arts history. ( along side some serious ping pong algos and questionable shorting / trading activity )
Both outcomes have high odds in ending in a positive moving forward.
-Atomic was a great deal
-Getting cuda pre invasion could be another major deal, if not, we have extra devolopment funds.
- The POO is getting crazy, if we, and we will, start getting our 5000bopd and beyond figures, profits are going to be mouth watering.
-CPR, it’s just a total game changer when confirmed.
-Nigeria, whatever. Don’t need it, just sort it out already.
- The war, we didn't invest to profit from it, but it will have a MAJOR a impact on us fast tracking everything. Worst case we get a pretty decent buy out and or a special div. Watch this space!!!