Canadian Overseas Petrol... Share Discussion Threads

[mr hangman] 04/1/2017 10:45

When's the placing ?

[gimmetheloot] 04/1/2017 10:23

7 million traded in Canada yesterday.

The Nigerian asset is worth 13/15p alone and they have 30million worth of expenditure left on Block 13.

I think this has legs to goto 5-6p before news. Somebody has been loading these up big time. Feel sorry for those who have sold out because like I said this is far far from over.

[thelung] 04/1/2017 10:22

Fair enough. Good luck!

[deanroberthunt] 04/1/2017 10:22

XOM would be better just buying COPL out for around 8=10p/share

[phoenix equity] 04/1/2017 10:10

It is cheap. I expect minimum of 10p again by end of 2017

[thelung] 04/1/2017 10:06

Phoenix, why are you buying if you care to share?
- second drill expected
- some form of payment from Exxon expected on relinquishing block
- non-dilutive funds obtained to kick start Nigeria

[phoenix equity] 04/1/2017 10:01

Up to 4.4m now.

[deanroberthunt] 04/1/2017 10:01

4p today seriously.

[deanroberthunt] 04/1/2017 09:58

treble digit rise on the cards today, order book is strong

[deanroberthunt] 04/1/2017 09:57

big move up coming, the force is strong today

[deanroberthunt] 04/1/2017 09:56

or maybe today ?!

[deanroberthunt] 04/1/2017 09:48

be 4p before the end of Jan

[keya5000] 04/1/2017 09:41

Looking good here, week later than expected but looking good!

[billthebank] 04/1/2017 09:31

I need 4p just to get back to break even so some way to go yet!!!

[deanroberthunt] 04/1/2017 09:10

gap to fill at 7p, end of....could be sooner than many think...

[phoenix equity] 04/1/2017 09:08

Thanks. I keep adding. Just over 3m now. Don't want the price to run away yet.

[billthebank] 04/1/2017 09:04

Bloody he'll Phoenix.That is drop us money. MAKES my holding pathetic.Good luck to you.Would be nice to see this baby back up to 4/5p.

[blueblood] 04/1/2017 08:57

That's a very important question we don't appear to have answer to! If Exxon walk will we get our 17% of the unspent budget ($60m left in pot after 1st drill would lead to payment of over $10m to COPL....

[deanroberthunt] 04/1/2017 08:34

Mr K should be known as Mr Party Pooper

[phoenix equity] 04/1/2017 08:32

Bought 3 million so far from yesterday. Going up to 6 million.

[jdsdps] 04/1/2017 08:21

Mr K do you know what the contract says if Exon decide not to drill a second well and have not spent the agreed free carry of $120m? Will compensation have to be paid?

[deanroberthunt] 04/1/2017 08:13

ah the voice of reasoning, you'd be no use as a front runner dood!

[mrkeysersoze] 04/1/2017 08:12

Offer now aligned with TSX.Mr K.

[deanroberthunt] 04/1/2017 08:11

critical mass approaching, there's a gap to fill at 7p....sounds silly don't it, but remember these words