Member Info for wwal17

15th Nov RNS

“ The Company commenced increased enriched NGL injection to the Shannon miscible flood in mid-October and early responses to oil production are being monitored closely.”

No point in GGS without pumping in any gas…which started mid October, hopefully uptick In November production, then December production will give us the more clear picture.

The GGS was completed middle October and such systems are proven to take 6 weeks to take effect. We haven’t seen the results of this yet so let’s stick to the facts without kicking people when they’re down.

A nurse in Norfolk with an oil and gas contact, probably just a cadent engineer who fixed her boiler. Would make a great movie, a fantasy, maybe Christina Hendricks can star in it!

Still confident of your 5p wager Eazy?

Shaa, do you give any consideration to the geology that might make it difficult to extract such numbers? Let’s get to 2000 first before we start talk of 50,000. These ramping does more harm than good, I hope you’re right of course but the bullish posters on here have called this wrong for years. It’s tiring, some would even say disingenuous.

Just averaged down myself, blind faith to be honest, been death by a thousand cuts last 6 months, CEO comes across as credible tho imo so 🤞.

I’ve never seen such a word salad regarding the bonds, I doubt our CFO even understood what he signed up for, I certainly don’t!

Doc, all you need to know about the bonds. Enjoy.

https://www.canoverseas.com/wp-content/uploads/2023/10/COPL_FCA_Prospectus-final-version-1-1.pdf

3 wise men, massive pinch of salt needed.

“You are missing the point, I expect this bondholder that is out is totally out, who says they have any 2028 bonds.”

Who says they don’t? I will believe when I see a sustained rise in SP and some progress on the ggs working, as in producing more oil, not just saving us on wasted gas costs.

Oh and the JV, some news on that would be refreshing, a theory knocking about is that the LOI signed was not signed by the initial company who was brought to the table. Could be another reason that is taking a while, all supposition of course, but most things are with this share.

This bondholder that is apparently “out”, they maybe out of the 2027 bonds but what about their 2028 bonds? You traders will say anything for a quick pump.

Bob on the wind up, maybe try filtering by past 5 days, or past 1 month..6 months, YTD! Traders paradise.

I hope your sentiment is correct Wookie but the JV is in a different field to the ggs. Tibs intimated there are top secret wells, I’m sceptical of this, that’s what copl does to you.

Well as they say, money talks, in this case the sp ain’t talking yet so we wait in anticipation. If I’ve learnt one thing over the years being invested in copl, is that there’s always a dangling carrot to keep you interested.

If the GGS is working as well as you propose, wouldn’t insiders or people close to insiders be buying, thus increasing sp to higher than the current pathetic levels? It’s all well and good sharing the positives like a broken record but the pis continue to be fleeced. Watching the posting in here over the years just leads me to believe the constant ultra positive posters are simply regular traders. I put strong buy out of hope more than anything else.

All these new developments and so 1.65p, its odd, even bizarre and a tad concerning. Wake me up when it’s a quid!

Rampers/derampers, doesn’t really matter, just tired of the wolves in sheep’s clothing on these boards, these claimed long term genuine holders who believe in the company but constantly trade on any spike. Just a very disingenuous industry and I can’t wait to be out…hopefully after recouping my hard earned here…and more maybe..although I won’t hold breath until our new phantom ceo shares some good news 🤞

Indeed mate, premier league as corrupt as this share game!

“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.”

I think this is a very fair point, I must admit I was caught up in the whole rampathon over the last few years, my biggest mistake was though trusting all those proactive interviews. Still hopeful here but my expectations have taken a massive hit. I’ve come to realise just how disingenuous the rampers are here, worse than the likes of fishy imo, how they can be so arrogant in their bold predictions after seeing decline after decline in sp. Backed up by “facts” they say, trouble is, what about the other “facts”, the fact that it is very possible that COPL will need a sack full of money to exploit this discovery?

I hope Exxon come along and stump up the cash but that’s all it is, hope, no guarantees, let’s stop putting lipstick on this pig of a share until it actually gives us something back. Until then, the only people making money are Art and his merry men bondholders.

Rant over, happy Friday genuine people.

As a director, would you take payment in shares with a company if JV was with an unknown minnow?