Canadian Overseas Petrol... Share Discussion Threads

[bloewillblow1] 25/4/2019 08:34

Nicky you are one deluded fool

[nicky21] 25/4/2019 08:30

some deciding to take their profits ie the 20 per centers
not me.
These could easily do 100 per cent to 200 per cent if they release transformational news.

[edgein] 25/4/2019 08:21

Bloe,

COPL are acting as if they're a circa £3m company with the potential of closing funding to drill 3-4 wells in Nigeria. The likes of RMP reached around £30m cap on an exploration well. The first well here certainly isn't exploration. Sure they're not without risk, performance bond required, then service financing/debt perhaps part equity required. But what's the target? 16mmbbls 2C and 237mmbbls prospective recoverable (gross, COPL have 40%) from the 4 planned wells. For them to secure the licence extension from NNPC they needed to submit an FDP. Which has now been approved. Art said he thinks that things will move quickly once the performance bond is issued. So don't get too bent up if folks think the massive upside here is worth the risk. You reckon the rig owners are Chinese or Korean? We'll be due an update on that and the timetable/funding once performance bond is out of the way.

Regards,
Ed.

[bloewillblow1] 25/4/2019 08:21

People acting like they are flowing oil Fact the drill isn?t even set up yet let alone flowing oilBlind buying by lemmings who will soon be impaled

[tidy 2] 25/4/2019 08:17

Forward selling again.

[herb clark] 25/4/2019 08:14

Why so many sells?

[ultra capital] 25/4/2019 08:12

Buy the dips

[herb clark] 25/4/2019 08:09

Level 2 anyone?

[bloewillblow1] 25/4/2019 08:07

People acting like they are flowing oil Fact the drill isn't even set up yet let alone flowing oilBlind buying by lemmings who will soon be impaled

[tomboyb] 25/4/2019 08:05

Looks like breaking 0.16p now -

2v 1 -

[nicky21] 25/4/2019 07:52

who would want to be out of this with all the newsflow due soon.

[edgein] 25/4/2019 07:43

Also a lot of new punters came in yesterday so it'll give them a chance to see the Noa discovery and what the potential prize is here to COPL. Also they might also see how much money SLB are throwing at the adjoining structure on the contiguous block to the Noa discovery. That's a large development on the north side of Noa. Fingers crossed the Nigerians will complete on the performance bond soon.

Regards,
Ed.

[jamie414] 25/4/2019 01:19

Scouse the bus! do all your creditors know you are on here! lol SCUM BAG

[nicky21] 24/4/2019 19:37

thats when the action started.

[tomboyb] 24/4/2019 19:09

The 92mill at 0.1050 is a buy imo -

I had been offered 80million shares at the same price -

The share price has held well and it will be interesting to see where the shares came from -

[nicky21] 24/4/2019 18:56

nearly 700m traded ...you do not get that sort of volume normally on Copl without news..

News must be close.
Like Arthur said let the fun begin.

[zen12] 24/4/2019 18:52

Held really well, should see a mark up on open but if we get the right news could get a hugh opening.

[nicky21] 24/4/2019 17:03

market cap still tiny(£3.4m) compared to the huge potential.

[smcl] 24/4/2019 16:20

Nobody stitches anybody up you Dipstick. You decide to invest! Any O levels!

[alexios1201] 24/4/2019 16:20

What made you change from being short and waiting for placing to going long 40m ???