Member Info for wookieemonster

I really think he needs to an interview and put a lot of the unknowns to bed. It’s no wonder people wary and confused.

To date all he’s given us is less value. The company value has plummeted and if he is indeed working on a truly transformational deal he can be far far more transparent.

I don’t mind holding for the long game ( my reasons for investing here ) if the eventual outcome is clear and the path is explained clearly and the progressive developments documented and communicated with transparency and honesty.

If we need to raise along the way that’s fine, if the sp drops that’s fine, as long as the onward journey is clear.

The problem is he holds us all with total contempt, has zero respect for his faithful believers and treats us like children.

If this consolidation and name change is for the best and will result on us recovering our crashed sp then damn well communicate with us and tell us the truth.

I don’t want to hear about NDAs!!! he can still do an interview and tell us how the company plans to recover the losses, his thoughts on the recent share collapse and address the very obvious dark cloud that surrounds the situation.

The more this goes on the more I worry the guy really is just bending us all over big time.

Hmmmm. Strange response.

To attract institutional investors.. well do that by increasing mcap and production rather than broken promises and constant dilution??If a JV is real then then a consolidation not needed to attract investors surely??.. not at this stage.

I just hope he understands investor frustration, only a few are rude, most just feel let down and led astray.. many just want the company to do really well.. just hope he knows this..

End of the day, it’s the broken promises and under delivering to date which has caused all of the anguish.

He really needs to get the JV over the line and improve the situation if he wants to attract institutional investors, if the sp goes from 5p to £5 and remains the same old finds and repeat fleecing it won’t attract anyone!!

Results, production, delivering promises, making profit and showing he can return value to his investors!! That’s how you attract more investors!! Not just snake oil and making up bloody numbers.

indeed shaa

Certainly seem logical Gazala.

Consolidation would fit with Arts anti trader cabal rhetoric, and a name change seems pointless at this stage unless it’s to do with merging with a partner.

Certainly hope so,

Again, if we look at the previous RNS info.

Due diligence, ongoing negotiations, put us in a stronger position for negotiations, progressing talks etc

Then we get a cash boost, cracking on with upgrading and improving production and now a consolidation & name change circular..

We’ve been hammered, but maybe closer than we think to recovery. At least, I hope.

Yeah turning, as in a change of direction. As if you went one way then moved a bit to face another direction, or if you imagine a the plate spinning on the clown nose on your face rotating.

True bob, news has slipped out before. The placing one the TW hinted at was one to be fair!

Very much hope we’re turning a positive corner, so personally looking forward to hopefully some really good news flow and recovery of our demolished sp.

Seagul. You’re making a fuss out of nothing. And postie just choose a user name from the group and say it’s you :)

If our grandparents who served in the war could see what utter crap this generation cry about they wouldn’t have bothered fighting so hard.

If it’s insider info, Art wouldn’t share it. If it’s generic and inconsequential then it doesn’t matter if it’s shared… it’s the internet.. it’s what happens. If it wasn’t meant to be shared then it shouldn’t have been shared but the original poster.

Telegram group just as infested with the wrong types as here.

The only info that matters is official and reported via the company. All else is speculation and opinion.

I think all of you are assuming too much.

The process of the JV is on going and this has just been announced in parallel and unexpected.

Arts history is doing him no favours. Everyone rightly so is suspicious and worried. The sp decline and broken promises the reasons why.

But I’m not going to be burning any energy speculating something we will surely soon find out. What will be, will be!
Arguing over opinions at this stage is a waste of time.

It’s equally possible this is yet another stitch up as it is the final stages of something that could prove really good for us all and the company. Time as always will tell.

After all this time, just once, it would be nice to for the long suffering shareholders to get a change of fortune for their faith and trust in the company.

The consolation would be perhaps more concerning if it was just that on its own! as it would be more suspect to yet another fund raise ( as they all are! ) In this case though a consolidation would more likely be to curb the smaller day traders working the price. Low volume days can be controlled by a consortium whether you want to believe it or not.

Also the consolidation is along side this sudden need for a name change. Copl is pretty new as it is, but it’s grown in assets recently, but doesn’t warrant a change of name logically.

So we have this name change and consolidation at the same time as, supposedly, negotiating a JV. Which logically given the time since first noted, could be drawing to conclusion.

( I wonder if they also commissioned further validation of the discovery )

To me it certainly seems to all point to us concluding something and you would be forgiven to favour the idea it’s to do with the partner and aligning interests.

Looking at the RNS information in linear order it does seem to simply suggest the process to getting a partner or takeover of sorts and growing, working and increasing production along the way & financing solutions along the way.

In that basic sense the latest news does seem to be part of that continued process.

Well I guess the info is vague, anywhere up to 1000/1 that alone creates 1000 different views, and a change of name, one thing COPL is very good at is being incredibly vague and creating mass speculation.

I feel that Arthur has already got his own back by reducing our holdings by significant amounts. I’m hoping that his next move will be to prove that he is and has been working on turning us into a real company and deliver on his promises to us. It’s been a long road but I hope he wants to he seen as a hero not a crook. I hope so anyway.

I just think if we get a JV with a serious partner, and we’ve announced changing our name, presumably to echo said partner.. then they might want us to appear a little more pro with a higher value per share; And to stabilise what has been a very volatile share to date. It looks like a spring clean to me.

Who knows, we’ve been shafted so much from behind we must look like the Kola Superdeep so its no wonder many are concerned or pessimistic.

Will Art come good for us finally, might find out sooner than later!

In-line with the dusters thoughts, won’t speculate much as there is no grounds except sentiment and personal feelings.

I would say that with all the bonds in play, conversion makes sense at some point. And for the main reason, that Art known the share is liquid and heavily influenced by traders. Having a much higher value price per share will help stop that.

It’s quite a coincidence looking at continental but who knows.

in my experience an unlisted share as a shell may consolidate and reduce value per share once re-listed, but a listed one such as this mostly simply gives you less shares but for the same approximate value.

The timing along side the JV seems hopeful but it might be a response to the recent overselling ( trader driven mostly )

The name change along side the proposed consolidation is quite interesting though, maybe things are close!

All in all, as much as Art has contempt for his shareholders I really hope he feels he’s punished us enough reducing most holdings by 60-80%. I hope the very meanest he will get will be to get us back to break even prices of around 25-30p. We hoped to be in the pounds for a JV or better production, now he’s made it so just getting our money back will feel like a treat.. hopefully he won’t punish us anymore, that would truly be evil.

Either way, if we look at the assets of and once a partner comes in for the discovery, and if we get our production up, then simply we should achieve a much better valuation.

—— If we just consider the comments about the JV over the past yearc and now look at the name change and consolidation timing… we’ll, one could be forgiven for thinking we could finally be very close to a landmark moment for the company.

That has to be a key point. Big oil is absolutely looking to evolve, and green incentives will be a huge market with companies wanting to pay to offset carbon footprints ( ie the aviation industry for starters )

Any large O&G company will have carbon capture as a big part of their game plan moving forward.

It’s just we know so little about COPLs intentions and current position so it’s incredibly frustrating being heavily down on our share price with all these possibilities and what ifs floating around. It wouldn’t be so bad if our current sp was in the 20s still.. but we’ve gained more assets yet lost considerable value.

But surely, at some point soon we must recover to those levels!??

I feel the same hillbilly, but you also have to take into account both the cold winter, buying Cuda and covering costs whilst building a company from essentially broken parts!

Equally ontop of that you have the discovery and the supposed JV negotiations along side working to reduce high pressures so production can increase.

All this in a turmoil market with the banks and global economic situations constantly evolving.

And in O&G terms things have moved quite quickly considering. Though the company could 100% communicate with investors far better and Arthur should have been much more honest and transparent in his interviews as many of us have invested heavily on both his predictions and his word.

Isn’t that the main reason for the gas gathering systems being installed ? currently we can’t flow at peak rates due to high pressures, understand that will soon change.

We have high pressure issues already due to original injections of gas? Just the value of that gas supposedly more than our mcap!