Member Info for wwal17

75p whilst the current SP is 13p is a no brainier, and wishful thinking whilst production numbers continue to disappoint. As for Art reading these boards, I’d rather my CEO concentrated on the task of ramping up production, sorting better finance and finding some feckin pipe than waste his time on reading all the name calling in this playground.

And on the finance side, I hope our employed experts Ryan and Nigel can come up with a decent RBL package, as these latest finance facilities have left a lot to be desired considering we’re a producer, not some wildcat explorer.

$11.5m In the bank end of June, maybe Arthur can do a proactive interview and give us an updated figure in the bank to send the sp north for a change.

36m market cap, 993m barrels in place, I simply don’t get it. Does nobody trust Arthur to get the oil out, do they have more wax in their ears than our pipes in Wyoming? The COPL journey plods on.

https://www.sedar.com/FindCompanyDocuments.do

Is there any obstacles in us getting the RBL now we have Cuda?

@Tiburn - is there any scenario where COPL don’t get the RBL or in your view is it now just a case of agreeing the interest rate?

Thanks in advance

Well he’s pretty excited about our find.

https://cowboystatedaily.com/2022/08/08/billion-barrel-oil-reserve-discovery-confirmed-in-central-wyoming/

Why did the grouse cross the road??

To get to the other sage!

I’ll get me coat.

It’s been 170 days since the start of Russias War on Ukraine. I don’t expect sourcing pipe to be an issue, if Art uses this as an excuse in the next quarter, I won’t be happy, they’re paid handsomely enough to put contingency in place, time to start seeing results, poor finance and production will only be forgiven for so long, it’s been long enough.

Some good signings 1509. Onana what’s his name!

The hope that kills you!

Happy Friday everyone, all good things come to those who wait…fingers crossed.

Another apt quote

What makes a person nasty?
If a person regards herself/himself in a constantly negative and critical light, that attitude is bound to affect the way they regard others. People with low self-esteem often mask their own insecurities by flexing their verbal muscles, being rude and boorish, in an attempt to make themselves feel strong.

Now who could this be…

https://trib.com/business/energy/billion-barrel-wyoming-oil-discovery-cant-all-be-drilled-company-clarifies/article_5e2112a4-1836-11ed-8292-37db382b8eb2.html

I’m not overly experienced as some in this murky world of shares but I think it’s common practice to crash a share price for the bigger fish to load up, seen it happen a few times.

Loads of games still being played, “bears” are loving it and lapping it up. Comes back to the whole Brexit debate, 2 sides will never agree.

I personally feel comfortable investing in growth, a positive story, if that makes me a few quid then happy days. If others make their living by talking down shares and being general pests then that’s up to them.

I hope the back and forth pettiness (I’ve been guilty on occasion) will dissipate over the coming months as last couple of days have offered no discernible value, maybe we could all learn to win with a bit of grace.

Still hopeful here, acquisitions and secret RS report haven’t had the shot in the arm I had hoped but for me personally was always another 12/18 months play so hopefully production increase starts now.

Good luck genuine holders (and sellers if you wish)
Take care coplers

https://cdn-ceo-ca.s3.amazonaws.com/1hf2m43-video5157168043503125457.mp4

Pacemaker and a copl investor, some would say that’s a bad combo!

I need to sell a kidney to get my average down.

When It comes to warrants, placings and bonds, I take whatever they say with a pinch of salt. The steel piping for me was a ready made excuse for further delays. I’m braced for more of them, my hope in the meantime is that they can increase production so it’s an easier pill to swallow, spend a dollar to make 2 as Art said.

That was my understanding Sid, need permission to flare larger amounts which I took as they are currently a little restricted until they got the necessary official permissions.

High pressure issues won’t be resolved until next month at the earliest whilst they await official permission to flare their own gas.

“Target borrowing base of $50 million to $60 million”

How much is the current debt? I hope a revolver facility that Tiburn discussed is in addition to the “borrowing base” otherwise more placings will be needed or production numbers will need ramping up to fund further wells.

Let’s hope it’s the latter. Q3 report will be interesting, I can see the sp kicking around these depressing levels until then.

After today, I’m further convinced the remit here for Art is to get a dozen wells flowing to attract an offer from a major next year. In my view, I think his main aim is to prove the potential rather than exploiting it. I don’t buy all that tube casing excuses, this is classic stalling tactics to buy a bit more time and manage expectations short term.
It will be interesting to see if we can finally get to that magical 5000bbls per day figure by end of year, he sounded bullish on the production at least increasing from here now in which is reassuring.
Finally, Art seems to look better every time I see him, which I take as another positive, he doesn’t look stressed to the hilt…then again COPL is affording him a very luxurious lifestyle so we have to factor that in. Will try and switch off until Christmas, I suggest others do the same as Groundhog Day ain’t good for your health.
Spread the wealth Art!

Don’t leave us out Stu, we’re all suffering here!