Canadian Overseas Petrol... Share Discussion Threads

[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

[orkneyarab] 21/2/2024 12:12

I have made a fortune on every trade, I can't count that high, but I think about £10 million or so. That's just this year!BWAHAHAHAHA

[orkneyarab] 21/2/2024 09:53

Still here Stralfred, and waiting to buy in again. Rinse and repeat. It's really quite easy, you should try it. BWAHAHAHAHA

[koti4] 21/2/2024 09:36

Waiting for another entry, seems to be becoming the norm, buy at the low, sell at the high, rebuy around a week to 10 days later and do it all over again

Fingers crossed it continues for awhile

[strawberry alarm clock] 21/2/2024 09:36

Funny how that little pipsqueak orks has disappeared - has the penny finally dropped BWAHAHAHA

[strawberry alarm clock] 21/2/2024 09:10

"What do we want" ? "More bond conversions" "When do we want them" ? "NOW" !! BWAHAHAHA

[strawberry alarm clock] 21/2/2024 08:29

Oh dear the share price is crashing again I didn't see that coming said no one ever BWAHAHAHA

[zxie] 20/2/2024 15:35

strawberry alarm clockMember moron since: 13 Jun 2023