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“At least we know the oil is still there, question is, do we suddenly get to hear of a remarkable improvement in production between now and Feb amongst other developments? 🤔”
How can we, they have constructed this whole plan that involves suspending further gas injection and in turn any hope of increased production short term?
That address has links to the “paradise papers”
https://offshoreleaks.icij.org/nodes/81048651
Exactly, after over a year, you’re telling me there wasn’t even a lowball offer from JVP? Is a lowball offer better than bankruptcy? This silent board need to come clean for a change and restore a bit of credibility to this circus.
Ryan Gaffney, CFO said:
"The restructuring with our senior creditors and the Anavio financing provides COPL America with improved operating cash flow from today, and the Company intends to direct that to increased NGL injectant and field capex to increase production and demonstrate the potential of the Wyoming assets."
Put that on his just-giving page ha, he must be sweating, knock on the door for you Rye!
You’re such a hypocrite CH, maybe, just maybe if your negative ilk and shorting gangs weren’t allowed to run a mock then the share price could have sustained a decent level for the company to raise funds at. We will never know as it’s unclear if the bod ever had its shareholders at the heart of its decisions, the failure of this company lies at their feet. Whether you were of the positive or negative persuasion, it all now seems a moot point.
Wonder if you would be here apologising if a JV got over the line and production achieved company targets…highly unlikely.
Why you still here you odd little man? Go and basque in the glory of calling this company’s failure correct, well done, cheers and all the best.
Yes CH, I posted lots of positive posts after investing my hard earned in this share after multiple videos and positive sounding RNAs were published by this company. The only thing I’m guilty here of is trusting AM, hindsight a wonderful thing.
Why you here again? Odd little man.
How exactly? It’s been proven to take at least 6 weeks to see any improvement in production after gas injection, time we now simply don’t have.Not only has company not done this, they have also stated they have no plans to do this. It wasn’t too long ago you were talking up secret wells protected by nda. You’re like Parker off Friends Tiburn, you would talk up the positives of a traffic jam!
Of what benefit other than to Anavio increasing their share count and diluting pis to oblivion is $2.5m if they aren’t going to increase gas pressures and in-turn increase production? Why bother being a going concern for a matter of a few more weeks, if the outcome is administration anyway. $2.5m is effectively just stealing the company for a song, time for the HNW PIs to step up.
“RE: Reporting to ASC.Today 18:29
Huge, and I mean huge shorting effort going in this weekend. Loads on shift. Don’t fall for it. Short to zero is the objective, ain’t going to happen 😜”
I don’t know what’s more worrying, this statement or the the 11 who recommended it..fools and their money are soon parted clearly (mine included btw.)
Happy new year coplers, what a ride, turned out to be a train wreck, enjoy your greedy millions AM, mind not to choke on the caviar. KARMA.
Still time to donate and leave a message for our cfo https://www.justgiving.com/page/ryan-gaffney-1692272600856
Http://www.newswire.ca/en/releases/archive/December2023/29/c6558.html