Member Info for wookieemonster

Yeah what's he ever done for us! Except getting Atomic, except getting CUDA, and except getting the RS report done, except resolve the flaring issue and except perusing RBL and a JV, except from that, what's he ever done for us. Bloody Romans.

All well and good Stas but that does go for every oil co in the world! but what remains is that we have huge reserves in a safe zone and easy access to them ( rather than deep sea etc etc, dodgy politics etc )

Oil price will always fluctuate, sometimes low sometimes high but probably higher now than historic lows.

The time is now though, Art isn’t getting younger and would expect him to want to capitalise on his find and assets soon than later! It’s a bloody shame we are not producing at capacity yet as that in itself would change things here a great deal.

Art wouldn’t have bought Cuda and gone through all this just to pack it in now; he will want this to succeed as much as we do I’m sure!

But the whole thing to date is extremely frustrating. And mostly due to the way the company communicates with us. With that I fully agree.

100% agree fed up with can kicking and carrot dangling Hillbilly, but assets are very real, RBL & JV is not something COPL can rush or force. RBL should however been resolved by now but the JV would take over I’m certain, and like Cuda was probably not fully expected in the sense that it is an evolution rather than planned.

Hillbilly what you on about???? Is the RS made up as well????
This is main market you can’t just make figures up????

Also, there has been not one piece of evidence either the RBL or the JV talks have ended?? We’ve only just been told due diligence is happening for Gods sake???

I’m all for being annoyed at skipped timeframes and progress but let’s not just lie!!!

Brel that post got that many likes for a few reasons imo;
1) it’s true.
2) many people have invested much higher and also averaged down considerably, yet:
3) many of those people still 10-60% down.
4) they don’t want to sell at a loss when they still believe in the fundamentals, but that doesn’t mean it’s not frustrating.

Well done trujack, thanks

63 at the time of counting for Cavity’s post, that has to be a record! And just shows how many feel the same way ( and on the sidelines watching ) here!!

Sentiment proven in one post.

When you feel like Art is screwing you over, and the sp just keeps falling, Just keep reminding yourselves about the value in the ground compared to sp. It helps..

Truly stuck in the mud here. We need positive action more than ever.

Well it certainly feels like this is dead, very hard to imagine being above 20-30p again, ever at this rate.

Another disappointing Christmas for Copl.

Just needs a master stroke for for the hope of being much better by EOY.

A good RBL or decent JV will get us all back on track.

Lively here.

Think the people who invest for the fundamentals are as clear to identify as those who trade ( or trade a portion )

Tiburn posts just what is available in the public domain and been communicated officially rather than speculation.. The timescales and slips in delivery are not their error. But why balances views are clearly important, As the nay sayers would have saved all of us money to date. But only through dumb luck more than anything.

Jack nose is correct.

It’s in Arts interest ( I hope ) to turn this around and maximise what he’s been working hard to achieve ( Atomic+Cuda+huge reserves & seeing the high pressures result in high production ) all the while in a very tough global climate.

It’s just incredibly frustrating as many feel we are being lied to or conned due to the current sp and constant attacks on the company.

Art has not helped those loyal investors who have supported thick and thin here however and tars is all with the same contempt. Which is truly a shame.

Iron that scrape was made by a non investor here, just a trader, so by you commenting that the barrel was scraped using musk does in turn mean you are scraping the scrapings!

99% of investors are not basing our hopes on Musk getting involved but Art delivering on his promises and company ability.

Bang on Cavity, absolutely sums it up. Broken promises again and again, and failing to deliver since Atomic. 5000bopd was stated Christmas, and not this one.

It’s no fault of the Pi that the price is where it is now it’s 100% the CEOs

Tiburn are you absolutely sure your not Art?

But doesn’t really makes any sense to me as an actual value indicator or why we would be placed in that range, I guess it really is a low sentiment, no trust in CEO scanario.

Insightful post Tiburn, so the comment " The Conversion Price will be reset to 13.25p ..if an RBL is not secured five months from the Issue Date" ..seems to be the price that we are currently orbiting and probably because the market doesn’t believe it will get done in time to prevent this.