Canadian Overseas Petrol... Share Discussion Threads

[nicky21] 09/4/2019 15:26

yes exploration has been done in some areas.

[captain kod] 09/4/2019 14:57

Remind me which country are they working in? Say no more!

[andrewsr] 09/4/2019 14:50

They're going to drill 3 or 4 production wells - how is that high risk? The exploration has already been done, hasn't it?

[nicky21] 09/4/2019 14:44

lets see captain kod..
a lot of newsflow is due and they have NDAs to adhere to.

[captain kod] 09/4/2019 14:17

Who's going to offer financing on such a high risk venture like this? The only option to them is a placing so further dilution to share price should be expected.

With only 6 weeks of financing left it's a very high risk investing here.

[smcl] 09/4/2019 14:09

Any linkage between a certain person on this BB and Harry Mann on LSE.

Yes/Yes- tick as appropriate

[nicky21] 09/4/2019 13:57

who you are here to give me advice.you learn first.

[the stinger] 09/4/2019 12:58

Watch and learn...Mark down to 0.105/0.11p to shift em soon...

[nicky21] 09/4/2019 12:56

no placing will occur.

stop scarring everybody.

[the stinger] 09/4/2019 12:53

Mark down to 0.105/0.11p to shift em soon...

[nicky21] 09/4/2019 12:50

if you check my postings here i called it the low teens(they went even lower) but now am calling it 0.4p plus on the newsflow which will come.

[the stinger] 09/4/2019 12:49

Mark down to 0.105/0.11p to shift em soon...

[nicky21] 09/4/2019 12:48

once we know who there backers are for the drilling and rig then these will soar..

at the moment its NDA.

A brand new rig they will be getting.

[the stinger] 09/4/2019 12:46

Mark down to 0.105/0.11p to shift em soon...

[nicky21] 09/4/2019 12:46

at the end of year dec 2018 they nearly had $1.9m cash...

their cashburn is $400k a month so i make it they have enough cash for another 6 weeks.

in that time a lot of newsflow is expected.

Debt Financing will be the prefered option imo.

[the stinger] 09/4/2019 12:42

yep....what about the forward sell 92000000 y'day....ontop of around another 300000000 i count...0.10p coming...only another 600000000 to forward sell.

[nicky21] 09/4/2019 12:41

the stringer they have enough cash until end of May..

in that time if a lot of good news comes out then the share price will be a lot higher.

[nicky21] 09/4/2019 12:38

the stinger Art stated they are looking at other options.

[the stinger] 09/4/2019 12:16

Placing at 0.10p soon....or even less!!!...dont delude yourselves...

[smcl] 09/4/2019 12:05

Let’s hope so but it’s all guesswork

[nicky21] 09/4/2019 11:49

Too many expecting a Placing .it could well be Debt Financing.

[nicky21] 08/4/2019 18:04

so who has been shorting???

[nicky21] 08/4/2019 17:12

have got a 1p target on these.

[nicky21] 08/4/2019 17:09

our market cap is still £3m. lol