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My overall view of this share has diminished solely because of mr Sandersons lack of forthright leadership of the company..since first pronouncing that the oil would come to the surface on its own..the company and the share price has been in free fall ever since.I get the feeling the new Turkish development was a panic buy wich could come back to haunt the company big time..the only thing I would like to see now is some positive results from the Gatwick Gusher project..then get taken over by a large oil producer and give us clarity and direction ..and a purpose to hold on to the shares ...because at the moment..it ain’t happening.
Well.., that and not communicating with his backers.
Not down to the team.
It's down to one man.
That's why he should go.
Skwizz, please go down to Horse Hill and have a chat with the team. They might not and realised all your thoughts and would value your input.
Also on the way home take detour to the old folks home who SCC consulted for the Loxley planning decision.
I think they'll be okay with Turkey since central government have a policy to push foreign investment and oil through ASAP.
But just in case please take a holiday over there and report back from site :-)
Or we could all just wait and see how it plays out having listened to what the company have said and continue to be judged on delivery. I agree Horse Hill activity is a puzzle at the present and it does not make too much sense why they are not ramping up activity now......maybe thinking about reserving resources for Loxley..... we don't know.
Ibug, We have with Mirasol an individual like Skwizz who's focus is easily distracted as you can see by the many personal attacks to Tymers this only demonstrates their own frustrations with themselves and suggest they focus on their investment strategy it will serve them well. Glh UU
Mirasol
Horse Hill was granted full long-term production consent by the Oil and Gas Authority on 12 March 2020.
23rd March RNS
"Whilst UKOG's primary focus will remain on maintaining continued long-term stable and profitable oil production at Horse Hill ........."
"HH-1 in stable oil production"
It matters not one iota that HH-1 does not meet your expectation.
They have also drilled 5 wells even if two are called sidetracks they are "well bores".
You really are a moaning minnie who does need to get his facts right before mouthing off.
"How about they focus on one. Get that working and put its' profits towards funding another project."
The problem is Skwizz is that it all takes forever onshore UK - UKOG have devoted the last 6 years to exploring the Weald - only managed to drill 3 wells and still don't have their 2014 discovery on commercial production. A lot of people on these boards are constantly going on about the need for news flow but there isn't any real news t o peddle - so they peddle the usual "national significance", "smell the oil" etc etc - its not just UKOG - look at ANGS or UJO. these things take years - Egdon don't peddle PR but just get on with the job and it means no price movement, no chance to earn £10 a day trading like Tymers - just people asking for the company to DO something
The company is ticking along very nicely thank you.
Come up with a few more pipe dreams that should give them another couple of years
doing absolutely nothing ..
How about they focus on one.
Get that working and put its' profits towards funding another project.
Then begin returning some value to investors.
It be an innovative, even breakthrough, idea for Trousers, but I think it could just work.
:'-D
Exactly, so undervlued right now and a great time to buy.
They are looking to progress THREE separate OIL and GAS sites this year.
Not one like other AIM oil plays but THREE!!!
Do the math........rising Gas and Oil prices too.......£££££££££££££££ for early bird investors :-)
this share is so undervalued. used to 200m or 300m valuation in year 2017.
Why move on, Plenty to still pick at here, can't see him being head hunted.
this trains ran out of OIL..
Time for Sanderson to go . Terrible share with nothing positive to come but more pain and dilution. Sanderson out ASAP. Remember this joker is still getting paid everyday for doing absolutely nothing. Do the right thing sando and go and pay your bounds back.