Canadian Overseas Petrol... Share Discussion Threads

[shawshankuk] 01/12/2016 20:35

Is this the same keyser from the club? If so, long time no speak. Hope all is well.

[mrkeysersoze] 01/12/2016 20:05

KJ Kelly,I'm back in the office in the am & will answer your questions when I have my valuation to hand, currently on mobile device.Mr K.

[soulsauce] 01/12/2016 19:58

Might be a tad early that irem to be safe.

[mrkeysersoze] 01/12/2016 19:47

Steelwatch,

I think your moderating duties may have been, unfortunately tested of late, this is partly caused by myself. Please accept my apologies.... I simply stated on the Kibo board with which I have been invested for a considerable time, purely for transparency , that I had chosen to reduce my holding, as such a number of undesirable posters have chosen to attack my integrity & stalk me. It isn't to hard to work out the posters in question.

regards,

Mr K.

[steelwatch] 01/12/2016 19:44

Normal settlement is working day 3 after a trade(T). T20 is settlement 20 working days after trade, i.e. T+20. Provided your broker advances credit, you can buy and potentially close before settlement day without needing to stump up any capital, other than commission and stamp where applicable. T20 is the longest delayed settlement period. You keep any profit or must have sufficient funds to cover any loss on closing.

[mrkeysersoze] 01/12/2016 19:38

Richard,

T20 is a facility that some brokers offer for investors on a credit basis, whereas, if you have no money & wish to effectively take a punt on a stock, they will allow you to open a position with terms attached i.e. T20 = 20 trading days to settle, you either pay fully for the position, or sell the position & either pocket the gain or loss. A risky way to trade IMO, but each to their own....

Mr K.

[richardhewson] 01/12/2016 19:23

Probably a silly question but what is T20 please?

[ccr1958] 01/12/2016 17:27

Mr K , yes TSX very encouraging atm .... hope this is the start of the little rise !!

[kj kelley] 01/12/2016 17:24

MrKeysersoze,

Thanks for your valuation post 928, which is clearly based on industry knowledge. As a layman to oil industry earnings valuation, can I ask a question.

I'm starting out from the capex and opex cost per barrel. The total for 305m bls is I think $549m. Production assumed is a gross to COPL of 305m bls, which gives a capex/opex cost per barrel of $1.8. Have I missed somthing here? This is lower than I had expected for offshore production.

[thelung] 01/12/2016 17:09

How dare you show your face on this website you naughty naughty man!! :-)

[mrkeysersoze] 01/12/2016 16:14

TSX rising nicely this afternoon

Peel Hunt have moved from the offer to bid mid afternoon, it would appear their line of stock has concluded?

Mr K.

[charles clore] 01/12/2016 12:37

What's the betting lighty wishes he hadn't sold?

[ride daice] 01/12/2016 12:34

This could be a very tight hole in the event of a discovery with 2 recently released blocks up from grabs.

[tidy 2] 01/12/2016 11:57

Yes looking good

[someuwin] 01/12/2016 10:52

Back over 10p soon imo.

[steelwatch] 01/12/2016 09:27

Westie - let me know if it doesn't sort ;-]>

[lightmyarse] 01/12/2016 08:10

Yes mr k thanks for your comments dnt know where I'd be NOTAnyway placing is nearly done I've heard from a sourceShouldn't be too long before we hear of the placing.

[monkeymonkey] 01/12/2016 03:10

this is my only 2nd post on here, Exxon are only drilling in about 6 or 7 places worldwide at the moment so they're trying to be very specific where they do drill in this economic climate, was told of 3 places they had high hopes for and this was the 2nd, i agree theres no certainty they will hit but knowing Exxon they've done every test bar the drill which they're doing now. So choosing this well to drill fills me full of confidence.

[moormoney] 30/11/2016 22:56

That should set the share price alight!! I'm topping up tomorrow.👍👍