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Investors won’t worry about hearsay. Fundamentals and the ability to generate lots of cash are key. This will fly in no time at all.
Well done balanced, providing clear evidence of the duplicitous nature of 'Lords' posts. Notice how every post even the semi positive ones all inject at least one element of doubt. Same with Levi's posts. It's often blunt but sometimes as subtle as that and when it's 4 or 5 or more posters doing it continuously day in day out on both forums and twitter it must begin to sink into the psyche of the casual investor not on the look out for these kind of shenanigans and inject a degree of uncertainty. Just the other day we had posters voicing doubts and concerns over the well result. Today we had, as the genuine posters had thought, confirmation that yet again we've increased out production levels with the fifth successful drill result in a year. Of late they've tried to crank up the fear factor over Jamaica because everyone can see Egypt is outperforming. Come January (or sooner) we'll see who's right about Jamaica but so far this company has delivered and my bet is they'll continue to deliver.
Sorry the madness was here before I posted I'm trying to restore some sanity. My post was very factual. I called out the blatant inconsistencies in a posters posting history - do you have anything to say about that and if not why not?
I called out our FCA regulated financial advisor posting rubbish about the company which we are still waiting for him to back up with evidence. Anything to say about this poster and if not why not or is this your idea of alternative commentary? Are people allowed to post fake news - is that the sort of discussion you want to see on this board?
Doesn't cause consternation - it's more to provide some sort of objective information for potential new investors looking in.
Oh for god's sake Balanced.
I see this board has descended into madness again.
Calling out fake posters - really. You haven't got a scooby doo who anyone is on here and some of the one's you are siding with may have their own agendas.
Still using the word derampers too, again really.
You say the quality of deramping on here is very poor and yet it causes so much consternation, if it is deramping they are obviously getting something right.
But in effect what it is for anyone who is not in short trousers is alternative commentary, just like the discussion on Jamaica over the weekend. Anyone can see that it is going to be a hard sell and if the company manage to get it over the line in any positive way for the company I will be the first to shout it from the roof tops.
Agreed Balanced, it’s quite pathetic really almost boring at this stage they are so easy to spot and I’m sure most posters are onto them by now …
(continued)
It doesn't help Levi when you give such posters a get out of jail free card - it calls into question your own credibility.
No witch-hunt just facts taken from guess where your very own posts. The quality of the deramping is very poor on this board when posters forget what they wrote previously. What does the bashers guide say - one of the methods is to try to gain trust and then start bashing the share.
I had, when I posted earlier, only picked up on the one post where you said that you weren't expecting anything from Jamaica and then your position turned into you bought in for Jamaica but this is not what you posted at the time before you allegedly bought in and since then also:
"Bought in for Jamaica. Thought the company is self funded with the potential of Jamaica.. if that doesn’t go, I’m disappointed. It is what it is."
Yet you knew about Jamaica on the 29th June 2021 when you posted: "Jamaica should be treated as a bonus if it happens?" this was before your post on 1st July when you said you had bought in - so you knew the position clearly with Jamaica before you say you bought in.
However, your attempts to wriggle out of this difficulty calling it a witch hunt made me look through your other posts as well and it's a position you have maintained all the way through:
3rd July 2021 post:
"Personally I see Jamaica a bonus if/when it happens. Funding first then successful exploration.. it’s not the easiest location I presume?"
4th July post:
"If it comes off then it’s excellent. Whereas Egypt is current."
Lords
"Posted in: UOG
Posts: 63
Price: 4.35
No Opinion
RE: Jamaica05 Jul 2021 11:41
Highly unlikely if not impossible. The cost will be enormous. They’d have to raise a lot of fund. Share cap will be billions and billions. They need funding partners. Even then with successful exploration they might still need to raise fund."
"Lords
Posted in: UOG
Posts: 63
Price: 4.05
No Opinion
RE: Jamaica07 Jul 2021 16:17
Even if they’re going it alone they’ll have to partner someone further down the line developing. But of course if they do find oil it’s easier to find funding. I cannot see them taking the risk do it themselves, a lot of money needed. Other’s opinion welcome. That’s the reason I always see J as a bonus if it happens. I hope I’m very very wrong and it won’t be the first time I’m wrong."
"Lords
Posted in: UOG
Posts: 63
Price: 4.175
No Opinion
RE: Jamaica07 Jul 2021 17:15
Crowdfunding, I hope you don’t mean it literally :)) I’m not saying it won’t happen, I’m saying they need funding and funding is hard to come by but as you say they’re all moneymen they should have ways. Enjoy England tonight. They’ve made it twice hopefully third time too."
"Lords
Posted in: UOG
Posts: 63
Price: 4.175
No Opinion
RE: Jamaica07 Jul 2021 21:35
What do you think? If at 4p, then it’s 1 billion shares, and it won’t be at 4p, it’ll be below that. I cannot see them doing that. We need funding. They might find someone and give away 70% or something. Who knows."
It doesn't help Levi when you give such posters a get out of
I disagree Batch.
The fake posters on here need calling out as that is how this board will return to some normality IMO after becoming farcical through the likes of yourself and your mates recent posts.
I think you are the detective here from your silly post here. I see you never responded to the calls for evidence and the mobile number not showing up on a Google search. An FCA regulated advisor - is that what they do come on anonymous boards and make false uncorroborated statements. Who is being childish here?
"Batch27
Posted in: UOG
Posts: 14
Price: 3.75
No Opinion
RE: This stock....20 Jul 2021 17:10
It is though, many brokers have major warning signs and some project bankruptcy within 2 years without further capital raising. So yes, this is a trash stock.
And Gingerhippo, feel free to call me on 07977145259 if you wish to discuss anything further, as you are really annoying me with your ridiculous comments over and over again. I was ART1972 but was so infuriated with some people own here, I deleted that account and they wouldn't re-instate it. SO i have had two accounts yes. I haven't changed stance one.
Feel free to google that phone number and understand i'm an FCA regulated advisor who is professionally qualified, unlike most of you lemmings on here."
And how have you 'pricked' my bubble? You make out as if you're the voice of reason and if you're some sort of french Detective, figuring everything out.
You act extremely divisive in here, constantly creating division amongst your piers and fellow investors, and this behaviour is complete tomfoolery and counter-productive....one day, if you stop pricking around, this board might actually agree on something.
Oh dear myfirstmillion is that what you have sunk to. I don't think you have ruffled any feathers, certainly no more than you taking your ball home regarding the Jamaica chat.
But if that lengthy post was all a plan to ruffle feathers then you obviously have too much wasted time on your hands.
Isn't it funny the ones that are "apparently' flag wavers are also the abusive ones.
Maybe you could have spent that time to figure why they have just tested and producing from the one level at AJ-8 like some excellent poster did on the other site this morning.
Wow I must have really pricked your little bubble batch. I would put a 'lol' at the end of that sentence but I know it's childish... so I'll refrain.
Very simply, you talk absolute *******s, chap, and your childish antics are embarrassing.
I seem to have ruffled a few feathers. I didn't name anybody so if you've replied in the negative you obviously think the post applies to you, does that mean that you're small minded or just fearful that you're small minded?
MFM, you've been watching too much Dragon's Den, my son, give it a rest.
Small mindedness has nothing to do with wealth accumulation, in fact, having a narrow outlook can make you extremely focused.
Myfirstmillion. If you look at the 3 year chart you will see this is at the bottom now of a rising channel. So you never know you might get your wish.
Small minded lol.
Well I was semi retired at 52 and fully retired at 55 so I must be doing something right.
What you need to understand myfirstmillion is that people think I different ways. It's what makes us human and individuals. And these bulletin boards are for all conversations not just the ones that suit your small mind.
Small minded people never get rich. Don't focus on the shareprice it isn't a valid indicator of either achievements or potential at the moment. Don't focus on the minutiae of every well or every little thing that 'could' go wrong, that is a losers mindset. Focus on the big picture, all successful entrepreneurs focus on the big picture. If you want to make a lot of money here focus on the big picture. Are they growing the business at pace, yes. Do they have the required experience to take this to mid cap, yes. Can they pull off deals , yes. Are they ambitious, yes. Can they think out of the box and innovate, yes. Those are the areas where any investor looking to make large gains should be focusing.
The shareprice isn't responding the way I was expecting the sheep bleat, I haven't made my 10, 20, 30% and I've been here a couple of years they cry. Well then you're getting a bloody fantastic bargain! Load up! This isn't the same as averaging down in a company losing money or burning through cash and continually coming back to the market to milk PI's. This company is growing and will continue to grow. Building a substantial holding makes complete sense in that scenario when the shareprice isn't yet responding. But no, the sheep with the losers mindset will continue to moan and groan and worry over every little detail. Then when the shareprice begins a powerful push phase and everyone is excited you'll hear them tell you they 'just topped up' 'couldn't resist at this (higher price)'. This is the nature of the retail investor, forever fearful unless they're in even the smallest amount of profit.
Everything they can see with their own eyes tells them this is undervalued but because the sharprice is not responding they're terrified. Don't be sheep, don't be scared to make outsized returns. Be patient and accumulate while the fire sale is on. Then sit back and congratulate yourself when the shareprice begins to reflect reality.
The frustration is continually painted above in the sp action lol.... we have to joke about it this company could bring 20 wells online and on each announcement end up with an sp in the red....
I know you are not negative Lords and most of the time neither am I but somehow my disbelief at the continued selling in to every piece of news and mentioning the odd trading marks me out as a deramper.
Yes I have my criticisms but the board is very sensitive to it and it tells me there is a lot of frustration here which is taken out on the wrong people instead of looking in to what is happening here and why.
The thing is I’m not negative. Im currently down on my investment so I want it to go back up. I’m actually happy after watching that video last night, I very accidentally came across that while on YouTube. I’m not a malcy regular as I find him difficult to understand. CEO sounded very confident that it’ll be drilled, that was last year and I hope all is still as good. Anyway have a good day everyone.
The latest Cenkos research note has forecast revenue of $25.3m for this year and profit before tax of $12.3m.
It may revise this upwards following the announcement of the latest flow rates today.
Lords the presumption is that if you post anything slightly negative or not waving the company flag at every turn you are a deramper and not only that you are part of some deramping cabal and maybe even posting under several avatars.
Sad I know but that is what it has come to.
Some on here who are constantly pointing the finger should concentrate more on why this very good news has splattered against the wall just like lots of previous good news.
Ah yes they always catch themselves out.... oh oh there’s a video ( deflect ) lol lol
Have no interest in arguing.
I found this video last night and it made me feel better. Still I’m not quite what he meant by ‘fully funded’, around 11mins into the clip. I’m sure most of you have seen it.
https://www.malcysblog.com/2020/12/core-finance-ceo-interview-brian-larkin-of-united-oil-and-gas/
Do find his accent a bit difficult to understand, malcy always difficult to listen to. Sound quality is bad also.
At this stage no body knows whether Jamaica will come off but there's definitely interest in the project. It's been an absolute gift horse opportunity for UOG as there's around £20m worth of data for a few hundred grand.