Member Info for wwal17

Opinions are like ars* holes, we all have them. I think 19p is a bargain and wish I was just getting in now.
Once the churn is over, we will move up, one thing we will agree on, we both think there is money to be made here, why else would you be here every day commenting on every fluctuation..

As if gold has any mates!

@gold, current SP is a reflection of latest placing price, with the anticipated news flow expected, I believe it’s worth a quid.
We may not get there today but I’m hopeful of this year. (Probably longer than I had hoped in all honesty but that’s just investing)

Yes, and we’ve had quite a bit of news. Time has moved on, more assets have been acquired, therefore more potential to increase value.

Current SP doesn’t reflect fair value in my opinion and is not forward looking in the slightest.

Talking of economic conditions, WTI over $100, oil reserves at record lows, RBL on the horizon…it’s worth a quid a share easy.

Hi bestie

Out of interest then, what do you think is current fair value in relation to SP? You clearly think a quid is too high, on what basis?

As for CLON, if I strike it lucky Barrymore, I’ll be adding more here with the profits. Quicker I suppose, given that results are due first week in June, just see it as a short term opportunity is all.

CLON is a punt, it’s that simple, my modest investment is a reflection.

Back to COPL, this is currently worth at least a quid per share in my view, but don’t take my word for it (amateur investor with a day job), do some research yourself. Latest presentation show assets are worth $379 million post Cuda acquisition with current market cap $59 million…again, it’s that simple.

Even the diehard mud slingers must think current SP isn’t a true reflection of fair value. The several research notes agree so….again don’t take my word for it, just have a browse of all current information available, and have a look at the latest presentation to get a good grasp of Arts plan over the next 6-12 months.

I do agree on Rome wasn’t built in a day, that’s why investors here are very happy with their investment, and don’t need or appreciate traders talking them and the share down all the time.

I honestly thought it was one of his better communications, was clear and thorough.
He was quite bullish and appeared to want to stick it to any doubters which I don’t mind on occasion. He has taken a lot of flack (some warranted) but he’s coming back fighting his corner and I say best of luck to him, he said himself “his job is to increase shareholder value”, as long as he fulfils this statement, I’ll be happy.

Angus you have no shame, that made me chuckle.

“So production basically now fcked all year.

One of few posters who'll tell you the truth here. You are welcome.”

I believe they call this an oxymoron.

Was thinking same Shaa, especially with the “holding all the cards” talk

May-June 30s
July-Aug 40s
Sep-Oct 60s
Nov-Dec 80s

Wishful thinking but would do me.

Go for a bike ride CH.

God forbid people are positive about their investment.

Rather be a rainbow chaser than a black cloud any day. Lighten up petal.

“No JV in near term – probably with a smaller partner when actioned – AM wants to remain operator”

Or AM “holds all the cards”, shows a position of strength with gradual production increase and therefore enticing a buyer to make an offer he can’t refuse…

Excellent presentation, way better than his proactive ones, maybe Katies good looks put him off.

NPV post Cuda Acquisition $379m

Mr market cap, can you please catch up?

I effin hope so, 20p is scandalous. Even he says atomic assets alone worth 100 mill.

New discovery mentioned but not priced in, they will obviously wait for RS or further well production down the line.

He did say new discovery has potential to increase sp by”several multiples”.

All good, just need to sit tight.

By Dragan Trajkov out today, usually puts one out when there is significant news due. It’s behind a pay wall but here’s a snippet

“ Following our visit to Wyoming and the released 1Q22 results, we are very pleased to see that the company is finally being able to use an important strategy ingredient that we call “Lessons Learned”. We see a slight (but important) strategy shift, where “rapid” growth for growth’s sake is no longer the main driver. Instead, a balanced approach that also incorporates the operational information from the field as well as the commodity pricing environment is emerging”

FairSP range 40-60 (don’t think Cuda figures are factored though)

It wouldn’t surprise me if Ryder Scott confirm a discovery of 2 billion plus, just a hunch, I’ve felt Art has seemed bullish on it since it was first announced. All guesswork of course and the real proof in the pudding is what % we can actually recover.

Well that’s even better, thanks R_Dunc, I must admit, there has been a lot of talk and numbers around the hedge which I’ve lost track of, thanks for clearing up.

Here’s hoping LG.

Not forgetting, he also mentioned Elizabeth Holmes and the fraud at Theranos, why mention that if you’re not 100% confident in the discovery, he would be committing career suicide? I’m convinced it’s there, and I think the 1.6 billion is conservative.

You would like to think whoever negotiated the hedge would have negotiated decent early repayment terms that reduced the closer we got to the end of the loan, like a mortgage, but I’m not holding my breath considering our wonga lender fetish.