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Mirasol
The profit was there for all at UKOG as there will be here but some were too greedy and held for more and got caught out.
Wow, just done the numbers on the sidetrack. This really could be a 10 bagger.
Was actually thinking I hope there is a delay because I’ll buy £100k on the drop & wait fir the sidetrack & collect my 7 figure sum.
Amazing stuff ANGS either way this goes it’s a multi Bagger from my side
"UKOG's share price trebled!"Spiked for one day and then collapsed back to lower than it started IIRC
Rampers all got out and as usual normal punters left carrying the can
For the inexperienced here watch the "buy the rumour sell the news" scenario which will hit the day the Gas goes live
Assuming the lead up is documented and the outcome is clear as regards "Green for Go" its a forgone conclusion the old adage will come into play
Let the traders sell off and further invest for the flow rates part of the play
Good point, Porter_
EUA's market cap is currently about £220m.
Around Easter last year, money came out of 88E and into UKOG. 88E's market cap was much higher than that of UKOG. UKOG's share price trebled!
Expecting lots of dumping tomorrow in EUA after their OOH RNS.
I'm sure they'll all need somewhere stable like Angus to put their money!
"Definitely some interest from funds/institutions here"
Pure speculation. Just like the endless comments about placing shares being flipped (Done, almost done, done soon, etc) .
Absolutely no one knows who is buying or selling unless we see a TR1
Just under 85 million shares traded today alone. Definitely some interest from funds/institutions here.
Onwards and upwards.
5.439 million shares trades (last 3 reported)are buys for a change
Excellent volume of 79.1m (before any further late-reported trades) on a day when there was neither an RNS nor a tweet.
"Wet commissioning is expected to begin at or around 18 May"
We are so close now. A few days here and there is a non issue.
Atb
Bob, agreed - all good now, a few days slip is a non-issue.
Another good volume day today and the SP getting stronger.
Time to log off, have a nice evening all.
Ericnat, fully agree - a few days slip is neither here nor there. Nothing to worry about. All good.
IMO, wet commissioning cannot start tomorrow, the J-T package only just arrived and it will take some time to connect and test. Then assuming all the other equipment has already been tested, the complete integrated system needs to be tested.
I expect a few days slip in wet commissioning start, but there is nothing to worry about.
No reason to panic, wet commissioning should still start this month and be in full production beginning of June.
To be frank the market should not be so sensitive to a few days here or there. The equipment is on site the commissioning team are obviously at full pelt. We have numerous news points coming up over the next few weeks. Sit back and relax and look at the SP post sidetrack.
per the 27/04 RNS:
"Wet commissioning is expected to begin at or around 18 May and we are pleased to be assisted in this by an experienced team led by OSL and Inspec. We continue to aim for a short wet commissioning programme and a target date of First Gas of 1 June."
Given the 'at, or around' wording, I would not expect to see an RNS tomorrow if it has not started. Slippage allowed, but the market would only be informed if any delay was by a significant amount.
Nothing to be concerned about, imo, unless we do not see any pics, or confirmation before the weekend is out
Howey,
Firstly thank you for the reply..
Secondly i don't know why you are surprised, Sure i am a whingeing bedwetting greenie don't you know! :-)
They are all both! In order to sell shares you have to have a buyer.
--------------
No, Howey1927, you have to have a market-maker. It is for the market-makers to decide how they run their books.
They are all both! In order to sell shares you have to have a buyer.
The fact that the price is static means that there are buyers for all those being sold but the turnover means demand isn't yet outstripping supply.
We need news. RNS @7am please!
Looking good ? I can’t tell if they are buys or sells.
Is serious volume yes, but the SP is not moving up.
Since the last placing of 60 mil shares at 1.10p we traded well in excess of 800 million shares over the last 24 trading days, all at circa current SP level. Today we traded another 69 million so far and the SP is stagnant.
Well over a billion shares turned at current level over the last couple of months. Hopefully, these were 10%-70% flippers and the SP has now formed a higher base. If this is the case then bodes well for a substantial move up.
All this chat and excitement and the truth is it's in the same trading range it's been in for weeks. It will break upwards or downwards from this range depending on the next news.
Tomorrow is the scheduled date for commencement of the wet commissioning. Expecting an RNS confirming it has started and all on schedule or the dreaded delay RNS.
The buyers are expecting the former and the sellers fear the latter. Take your binary pick.
17-May-22 14:28:37 1.32 5,000,000 Unknown* 1.30 1.35 66.00k O
This isn't pocket change and it isn't in isolation. It's clear there are some who know more than others.
Tick Tock
It’s back up! Buy buy buy!
Some very serious volume. Something going on……I suppose we will find out soon enough….asset’s sale confirmation?