Canadian Overseas Petrol... Share Discussion Threads

[orkneyarab] 22/2/2024 10:51

Why not? Are you also scared of making money? Just be sure to be out when it goes pop.BWAHAHAHAHA

[mally6] 22/2/2024 10:41

Got days to live why buy this

[orkneyarab] 22/2/2024 10:38

Yes, more profit. Bloody tax will have to get their share though, probably help an unemployed rent boy like you.BWAHAHAHAHA

[strawberry alarm clock] 22/2/2024 10:30

Dopey Orks just got spiked Total bellend BWAHAHAHA

[kirtonender9] 22/2/2024 08:51

What cash?

[koti4] 22/2/2024 08:32

Missed it today, never mind

[orkneyarab] 22/2/2024 08:29

Stralfred, I Managed to buy in at the very bottom this morning and out with substantial profit. Easy peasy! You shouldn't be so scared of making money! BWAHAHAHAHA

[orkneyarab] 22/2/2024 08:10

This is just another opportunity to make more moneyBWAHAHAHAHA

[ny boy] 22/2/2024 07:54

PWhite, that is what will happen, too many zombie minnows still trading that should be terminated to 0p

[pwhite73] 22/2/2024 07:45

I did say the Share Action Group can rabbit on about whatever they like but unless the Senior Lender agrees to extend the deadline its all over. The other thing is this, if the assets are really worth £1 billion that is even more reason for the Senior Lender to seize them and tell the shareholders to FO.

[sandcrab2] 22/2/2024 07:33

Hasnt Tom been warning.about this thing?

[koti4] 22/2/2024 07:26

Wonder whether we will get another small bounce on the lowest point of the day, down by another 60% on opening, what a bunch of conman

[zxie] 22/2/2024 07:15

How old are you baby

[herecomesthesun] 22/2/2024 07:13

CRIKEY

On January 16th the Company closed a US$2.5m equity placing that was designed to give the Company an opportunity to remain listed whilst it obtained an independent technical review of the assets, including possible near term and medium term cash flows from various different development strategies, approach investment banks with a view to obtaining indications as to the value of COPL's assets and seek further funding. The preliminary results of the third party technical review have not changed the Company's conclusions about the value of the Company's assets.

During this period, given its liquidity constraints, the Company has not been acquiring any Propane or Butane for injection. The average daily production has been for 2024 has been approximately 1,000 boe/d. Based off the most current cash-flow projections, the Company forecasts that its cash reserves will be fully depleted in the first week of March 2024 and that the Company will require additional funding to be able to continue operations beyond such date. The Company has sought, and so far been unable to obtain, such additional funding.

The Senior Credit Facility Lender has indicated that it will not extend the forbearance period beyond February 29, 2024. The Company continues to consider strategic alternatives in light of the foregoing, including some form of formal insolvency protection that may or may not leave value in the Company's common shares."



I predict MAY NOT


suck it up Spas


bwahahahahahahahaha :)

[ih_321630] 22/2/2024 07:06

Gone bust
The greedy bod have fleeced all the cash
Court case awaits. Hope they all get jailed

[orkneyarab] 21/2/2024 13:14

Alfie, old bean, I've never felt better. Just picking out somewhere nice for my holidays and another couple of new cars on my COPL winnings BWAHAHAHAHA

[strawberry alarm clock] 21/2/2024 13:06

Orks your nurse hasn't given you your meds today