Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
The recent rns state 300bopd and not 300boepd. The best chance of success is 37% and about as good as it gets with exploration
Riches - we haven't had a proper production update in months - and there have been rumours of water tankers leaving the site. Even at 300 bopd UKOG are marginal as they seem to have a lot higher level of expenses than some other onshore oilers.
Turkey? Whats the chance of success? probably 10%
Pericles - UKOG seems to be way oversold. The market forgets HH1 is producing over 300bopd. The management have made a pickle of matters but see a correction in the near term and that’s not to say Ukog will be successful over the long term. Turkey will target a 200mmbbl well and I’m pretty confident on a drilling campaign the Ukog market cap will hit £50m as these drill are high impact. Even if they raised £5.5m at 0.2p that’s 13billion shares in issue. Based on my conservative figure of £50m that still a 0.4p share price. Personally I think the raise will be above 0.25p and they will workover hh1 and sidetrack hh2 and drill turkey. Do you think the market will take well to this????
Trousers has not bought in !!
Yet he paid himself a huge bonus when the company couldnt afford it .
Endless dilution and more to come
Trousers just gambling with PI's money so until he buys in be aware
Huge red flags still waving all around this company .
Ga
Every time Trousers issues more shares it reduces the value of the existing shares, further putting off investors.
Who's going to invest in a company that continually reduces the value of that investment so easily.
UKOG has to send out a wholly different message before the city begins to look more favourably upon it.
:)
To clarify placing in a few months after farmout confirmation in turkey. Ukog won’t have any issue raising funds
It looks like Ukog was around 0.4 at the peak of the pandemic. Not any form of substantive rise primarily due death spiral, lack of activity, oil price lows, placing etc. The forward plan might get exciting and draw in the high volume we was once used to. The company is now debt free, commercial discovery at horse hill, workover planned, planning committee hearing due in September (out come unknown) and turkey prospect does look very exciting. Further funds might be required but we are now in a higher oil price environment- I personally see a placing at much higher levels in the coming weeks. Ukog is a very liquid stock and it’s a given that sp activity is on the way
Thats the thing here the rampers would have you believe this is the stock be in . Yet during the covid pandemic so many stocks have earned investors money yet this one !!!
Mind you Tymers will be along telling all how much money he makes off this when his average is way way over .2 , so work that out , everyone else just smells the BS
1.16 from early 2015............. so long ago the LSE chart doesn't cover it.................. I need over 2.0 to have covered the cots and made as much money as I'd have got from an NSI bond.................
About 2 ,1/4 m ..shares, average about .60p....not many compared to some of you guy;s. More of a buy and hold investor ,but am going to try and trade these to try and double to about 4m+ if i can. Not a great trader,but i think anything over 5m + maybe life changing in the future. Hope it's far less.
It was around 1.30 today. Got a few £10k buys then the shares dried up and took a £15k....ask started to move up
Can i ask when you bought your 25 million shares did you have any problems buying that volume of shares?
Im still here at .26 not averaging down anymore and to be this is tje only stock ive never earned off
Investor112. I think there is still hope with that average. I took around 25m today as news flow looks good and Turkish farmout confirmation will take several months, hence why I don’t think a raise is going to happen yet
Was thinking of adding another 5 million shares when i sell my ggp holding on Monday before price explode bring my average even lower
Y4KBS. Snowflake I ain`t. Balls of steel or insane maybe. I hope to breakeven this year, and then.......... GL.
northfork : Flippin ekk your balls must have dropped when this dropped lol
21.9 million shares average of 0.64
Was 8p, averaged down to 1.56p.
10mil shares average 0.21
0.21
Can I ask what ppls averages are?