Canadian Overseas Petrol... Share Discussion Threads

[sportbilly1976] 31/8/2021 10:33

Fully diluted market cap now £60mln

Results and outlook just needs to show this is woefully undervalued and institutions will buy in on this...pi's simply don't have the firepower to absorb all warrants being issued.

[gheorghedufiend] 31/8/2021 09:30

Down another 4.3% today

Well done Edgein you genious.

No wonder you're not showing yourself today

[blueblood] 31/8/2021 08:36

CUDA opened data room on 27th August with view to agreeing sale by end of September. Reckon Art trying to lowball due to their financial mess but their lenders will want as much back as possible.

[saint in exile] 29/8/2021 19:27

ditto smcl

[smcl] 27/8/2021 18:22

GeorgeDuF€&;kie- filtered for nasty repetitive posts. Hopefully you will disappear soon up you know where!

[edgein] 27/8/2021 16:10

Georgie,

I said trying I didn't say succeeding, just like you and your multiple accounts, trying and not succeeding. :) Why aren't you posting with your main account Georgie, afraid that some might see your posting history. Something to hide Georgie?

Regards,
Ed.

[gheorghedufiend] 27/8/2021 16:04

Edgein - anyone that believes that you can talk down a share that trades 100s of millionms of shares down on a forum clearly doesn't know what he is taking about


But we knew that already about Edgin from the rubbish he posts

[edgein] 27/8/2021 15:31

Hurley,

Not the only one, one of my other holdings picked up $193m of 2P reserves for just £40m. That one was great too. You've been trying to talk this one down for ages what makes you think you'll make any difference now that the company's been transformed. I'm surprised you're not like little georgie, onto multiple accounts now too.

Go and grab yourself some soy milk on your way home Georgie, a little sup on that will help your mental wellness.

Regards,
Ed.

[phurley] 27/8/2021 15:21

The only share where dilution is great

[scottwhetton] 27/8/2021 13:01

Hi EdAppreciate that thanks .. All the bestScott

[edgein] 27/8/2021 12:43

Scott,

Lesson number two after fundamentals is not to be in a rush! Maybe you are looking out at 0.38p each to their own. From the presentations the peak BFU production is due around the end of '22. We don't know how the full miscible flood rate will impact the rate of achieving that or the eventual peak, but we'll gradually find out. Personally I'm looking to see if they get a crack at developing 226, to get a potential large offshore development like that off the ground takes time, especially in Nigeria. So my outlook is way beyond the Q2 or even the Q4. But sure by Q4 they should have a good idea what impact the full miscible flood is having and the result of the current well to the Frontier etc.

You may well be eying the exit but I've my feet up here for the next few years (at least) and it remains my largest holding. After all Royal Bank of Canada and HSBC came in for around 5% each so they must like what they see too perhaps.

Regards,
Ed.

[scottwhetton] 27/8/2021 12:31

Hi EdThanks for the reply, i managed to buy here last yr with an avg of 0.27, obviously im a bit dissapointed with the relist price like im sure many othersIm not entirely convinced a Q2 update will be enough to even get us back to the 0.38 close? I guess things will hopefully start to look more like it come Q4 ? Thanks again for taking the time to respondScott

[edgein] 27/8/2021 12:19

Hurley,

If he kills us again with another Atomic type deal I'm all for it, it added hundreds of millions of $ of US light oil and it sure hasn't peaked yet (see prospectus, RS in the presentation and current drilling activities).

Regards,
Ed.

[edgein] 27/8/2021 12:17

Scott,

Yeah do exactly that stick to the fundamentals and do lots of research on the companies that you're going to buy. Start with company presentations and recent news etc. Look for those with experienced management and past history. Then do not do what most do on AIM or LSE and chase high momentum exploration stocks as that'll 90% of the time work out as a failure like Georgie boy. Stick with the basics and if you find something you like ignore the market noise as they'll usually twig on once the herd arrives. Once the herd arrives and you get your selling price then offload to the likes of Georgie. The odd punt on high risk is fine, but just keep it small.

In Georgies case invest small lose it and then troll the boards! A lesson to be learned from that too Scott!

Regards,
Ed.

[phurley] 27/8/2021 11:52

Yes but he never bloody waits. He kills us with dilution time after time. He should be waiting to raise - if theres a raise now, thats why this is falling.

[billthebank] 27/8/2021 11:33

Sooo many idiots on ADVFN!!! Use the filter button.Dont get distracted from the end game!!!

[gheorghedufiend] 27/8/2021 11:26

there's always an excuse for the shareprice fall with Edgein ... it's always good news

Listen to that bellend at your peril !!

[greatfull dead] 27/8/2021 11:06

I can't here you.

GD