Canadian Overseas Petrol... Share Discussion Threads

[edgein] 08/3/2021 14:50

Sport,

I'm looking forward to when they raise the offer to well above 0.4p. :) Fast closing in on the completion date and oil close to $70/bbl.

Regards,
Ed.

[hazl] 08/3/2021 14:49

Not long to wait before news

[sportbilly1976] 08/3/2021 14:43

MM games here...raise the offer to increase the spread...now buys at .387 show as sells

[hazl] 08/3/2021 14:35

0.39 to get nothing much when you think about it. Of course no guarantees but seems to have a lot going for it.IMO

[hazl] 08/3/2021 14:16

Determined moves up now it seems.

[sportbilly1976] 08/3/2021 13:10

Looks like our seller is cleared - both Berenberg and Mirex off the offer

[gordan ghetto] 08/3/2021 13:10

ANA is the best UK cannabis stock

Share price 1.1p
Only £6.4m mkt cap

Fastest growing sector worldwide
Will have first mover advantage in UK
Same growers as GW Pharma
4 biggest shareholders hold over 50%
BOD own 30%
Massively undervalued (£6.4m mkt cap)
Near term multi bagger on license approval
Partners with leading prof , scientists etc
Primed for a RTO/ main listing (price driver)
Under the radar (most chased MXC,CBX)
Looking to bring a product to market
Off take agreement in place already
Will be producing 200 TONS per year
(200,000 kilos)
Has the most land out of every cannabis co
Fully funded for phase 1
UK medical cannabis growing 20% month
Only 584m shares in issue
Hardly any available in open market
Will apply for a commercial license too

Worth getting in on the ground floor imho.

[jambam] 08/3/2021 12:08

about to breakout

[zappas] 08/3/2021 10:14

....COPL slice is 15% until deal is closed(?) so p'haps not that much...Anyhoo, but still significant. The Production numbers will elevate though and that metric looks terrific.

[blueblood] 08/3/2021 10:05

Thanks think that us backdated to December to. So $3m cash coming in real soon

[zappas] 08/3/2021 10:02

.....800 bopd to kick off in COPL' favour. That from BFU 1400 bopd total production. Netback is approx currently £30 per barrel. £725000 p.c.m and quickly rising thereafter!

[blueblood] 08/3/2021 09:21

Anyone know the likely monthly revenue run rate once deal completes?

[blueblood] 08/3/2021 09:17

Only 4 trading days left before completion date. Going to go sometime this week!

[blueblood] 08/3/2021 08:29

NPV of atomic deal was $185m @ $35 oil. PoO virtually double since deal closed so another $185m and potentially more to come. Absolute no brained and most undervalued O&G stock on UK market imo

[hazl] 08/3/2021 08:07

Great start.
News expected.
Oil price up.

What more do you want?

[jambam] 08/3/2021 07:57

GL all...Oil price double what it was when deal was done with atomic :))))

[sportbilly1976] 08/3/2021 07:50

Oil over $70 this morning...stars aligning. Looking forwards to an interesting and hopefully profitable (on paper - not selling 1 share yet!) week

[saint in exile] 07/3/2021 16:46

All aboard!

[asm5] 07/3/2021 16:04

Anyone who wants to join a COPL telegram group, here is the link. https://bit.ly/30iMexV

[jambam] 07/3/2021 15:41

Should see steady rise all week

[hazl] 07/3/2021 13:08

Just for the headline really.

[hazl] 06/3/2021 11:26

The Atomic acquisition brings producing assets in the US state of Wyoming, the Barron Flats Shannon Unit (57.7% owned by Atomic) and Cole Creek Unit (66.7% owned by Atomic).

Barron Flats produces around 1,400 barrels per day (bpd), up from 200 bpd in 2017, and is forecast to reach a plateau rate of 5,000 bpd gross by 2022.

The Cole Creek asset, meanwhile, is forecast to have a 3,500 bpd plateau by 2026.

Significantly, the fields are at the front end of what’s expected to be a 40+ year operating life.

[hazl] 06/3/2021 11:23

"Approval of the credit facility by the lender's investment committee is a key milestone to completing the Atomic acquisition,” said Ryan Gaffney, COPL's chief financial officer.

“The quality of the assets we are acquiring has allowed the company to attract the debt necessary to complete and we are working with the lender to complete loan documentation in the coming week."

Arthur Millholland, COPL chief executive, meanwhile, added: “This loan will facilitate the completion of the Atomic acquisition which will be materially value enhancing to COPL, providing an immediate and growing revenue stream from day one.

“Crude oil prices have increased by 50% since we entered into the transaction thus enhancing the overall value of the proposition.