Canadian Overseas Petrol... Share Discussion Threads

[easwarareddy] 23/7/2020 15:57

Prob leak... wonder if deal done. Should easily multi bag from here

[easwarareddy] 23/7/2020 15:56

See all the derampers other day... didn't believe. That investor 14 etc.. burn shorters burn

[edgein] 23/7/2020 15:23

Oh don't forget the 30m and the 40m too! Super volume building today.

Regards,
Ed,

[sharif1987] 23/7/2020 15:21

500%+ target at SYM today!! Dont miss out! Gl

[edgein] 23/7/2020 15:21

Someone's keen, buy of just under 38m at 0.37 just reported. I guess those couple of instis in the last placement didn't get filled.

Regards,
Ed.

[mustafa15a] 23/7/2020 14:03

Ai Ai Kanjari

[edgein] 23/7/2020 13:53

Come on Art get the deal done fella!

Regards,
Ed.

[asm5] 23/7/2020 13:47

COPL FACTS

As it stands today ESSAR have 20% and Shorecan 80%.

Essar Mauritius had the original licence for OPL226 (proven oilfield in the Niger Delta waters) offshore Nigeria. Essar M got into financial difficulties with their steel business in India and sold 80% of OPL226 to Shorecan. Shorecan is a partnership bewteen COPL and Shoreline. Shoreline is a Nigerian company. The split is 50/50. Also Essar M fell out with the Nigerian government.

COPL have the expertise to find the oil. Shoreline provide the Nigerian incumbent. Essar are providing the money and probably the rig and contractors as they have billions of pounds.

So basically we are a debt free company and the initial drill will be paid for by Essar. Once COPL earn money from this oil output they will pay back some historic costs; this will be clarified in the forthcoming RNS.

When the new deal is agreed legally then Essar M to have 90% and Shorecan 10%.

Shorecan then have the option to buy a further 20% after the first well is drilled.

However, now that Shorecan are in a stronger position financially we may be able to negotiate a larger percentage.

[babbler] 23/7/2020 13:29

News due by 4th on the deal. Could come any day.

[stepaside] 23/7/2020 13:27

What's causing this?

[billthebank] 23/7/2020 12:17

Topped up yet again!!! First stop 1p!!!! All aboard!!

[matunde24] 23/7/2020 11:52

0.4 min . Mm were collecting i guess .. Gla.

[matunde24] 23/7/2020 11:49

Preeeeeeeeek

[lukic] 23/7/2020 11:46

Nice one. It's risen 8 percent since you posted this lololol

[satkaur1973] 23/7/2020 10:19

SHORT AND SELL.

TARGET 0p.

AM BIGTIME SHORT!!

[9naz] 23/7/2020 09:36

There was a lot of brilliant research and information Posted by very knowledgeable posters On Lse last night as always. We need that info now/ during the day posted on Lse , when people are looking in , and don’t know much about the company, and looking to invest, not Late at night , when the market is closed and most people are asleep.
Please post all that relevant info.on this huge opportunity to make loads of money, during the day.

[pwhite73] 23/7/2020 08:37

This is not true.

[easwarareddy] 23/7/2020 01:21

No they have said they can't sell for 6 months and wouldn't anyway.

[stepaside] 22/7/2020 09:35

Plummets as you speak haha

[bowssbyjuhelm] 22/7/2020 08:52

Guys dont miss out on DISH. should close in +65%-85% imho. Gl and dyor.

[x1000] 22/7/2020 08:52

every placing has been forward sold.

[x1000] 22/7/2020 08:51

Of course they sold last week.

[cygnet4] 22/7/2020 08:32

Great to see we can buy in a lot cheaper than Art's best mates; they must be pleased unless of course they sold last week.