Member Info for wwal17

"Anyone who invests in a company run by serial value destroyer, Arthur Milholland, is asking for it. After deceiving investors ahead of its last placing, his latest vehicle for self enrichment, Canadian Overses Petroleum (COPL), has today served up a new debt structure, which is so utterly horrible it tells you just how badly Milholland and Canadian are perceived. I discuss this, the shambles at Mirriad (MIRI), Eden Research (EDEN) and at cash strapped Asimilar (ASLR)."

I love this, if I was Art, it would only fuel the fire to make this even more of a success and ram it down TWs throat.

Who knows Ed, quite possibly, big players are in play here, we just have to hold and see how it plays out.

Anavio allegedly “our biggest shareholder” ran to Art with an offer of a finance deal apparently. One theory is that they are behind this stagnation, they have a lot of shares to manipulate and if you think they only ran to Art with a deal, you can bet they ran to other parties too…maybe a major, after all they are finance men, many deals to be had here.

All smoke and mirrors, all intentional…for what outcome, it’s anyones guess as the lack of transparency and open to interpretation RNAs fuels conspiracy theories!

Reaches for tinfoil hat.

Can this link be shared again please? I can’t seem to access the video it is related to. Thanks.

Not suspicious to be honest. Got the impression Art didn’t want to make a mountain out of a mole hill for all the doomsters to jump all over. He clarified it was all sorted albeit at the cost of a few quid. This type of industry, big bucks are spent keeping plants and machinery going as there are big gains to be made…anyone else a fan of gold rush?

Anyway, I’m fully expecting higher production August onwards, CPR interesting next week, will it increase SP? I don’t know, any normal company yes, but with the amount of trading going on here, it may stay stagnant.

Personally I’m hoping for a steady increase into Christmas and real gains by March, RBL will be sorted, more wells online and a significant increase in production…then who knows…takeover or even more wells. I just hope it all doesn’t drag on, I want to see real progress in 22/23.

“Significant dilution”? My understanding is it was between 20% and 30%.

What do want 100% of of a 50 million mkt cap or 70% of a potentially 1 billion plus mkt cap?

I know which on I invested for.

Right, on the beers now so enjoy the weekend.

Horse names for a copl investor, now that could be a fun thread.

Arthur’s Dream

I’d go along with that Tand, although I was shot down for it.

Sometimes it feels like a being in a posh golf club in here, you’re allowed to pay a premium and play but don’t expect the grand experience/welcome the members are offered.

“traders rule number one

be sure to heavily promote your buys in public but always remember to dump in private”

Sobering thought this but can’t help think this is a real possibility here, with all the news available I can’t make sense of this SP. Murky world this game, £2 and I’m off.

They are certainly late this month, the pressure issues that Art addressed in the last presentation makes me think June production won’t see any significant rises, maybe July onwards, hopefully published later this afternoon.

Have a good weekend all, Groundhog Day today.

*Hear, HB a bad influence!

I here DJH works there as Captain Croc.

Just for info for any other large copl shareholders, some cracking deals.

https://www.butlins.com/offers

In my green bin with the rest of them.

We need to shake off the “it sounds too good to be true mentality” that seems to be currently attached.

That will gradually happen over next few months as SP rises. 100 mill market cap will attract a new breed of investors.

We both travel to a quid Bolton! Ha

I use think link, always works fine.

https://www.sedar.com/search/search_form_pc_en.htm

You need to search sedar documents jidd and type in the full name Canadian Overseas Petroleum.

“The stock market is a device for transferring money from the impatient to the patient.” Warren Buffett “Time is the friend of the wonderful business, the enemy of the mediocre.”

If them biggies are shorts closing, it’s a disgrace that they were allowed to close so low.

I think the thread was deleted due to the confusion over Goldman Sachs, I’m glad their name is in the hat by association but they aren’t a parent of this fund, just a custodian, they hold the bonds and issue dividends etc on behalf of the fund. Don’t give the naysayers ammunition.