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One expects a run up to 0.15p , then stablity . Good luck all And May
as i say that it ticks up now 10% up 0.11/0.14
Maybe the current spread is deterring buyers. Out of all of the HH plays this seems the most undervalued. As you can see earlier it went from -8% to +8% in 3 trades. As soon as the buyers flood in on a positive RNS this will hit the 0.2 level in my opinion.
all HH plays going berserk and little old EVO doesn't even have it's other assets and cash taken into consideration This will undoubtedly pop at some point
on the move
500,000 @ 0.12
4,359,040 ..now
over 10% ...the power will come
Gaps to fill at 14.52 and 17.01
22/02/2016 11:11 102,904 @ 0.106 22/02/2016 08:06 300,000 @ 0.11
this board was empty .......nice to see some post
1164690 shares at 0.11, now 19% Up
Bought a few more this morning more news this week
GLA
This will move soon enough
pressure
I haven't gone mad ..... Its only 2.5m cap.
Lets hope we see shareholders rewarded for their patience this week - this has been beaten down over the last months without any negative news or volumes so will bounce back in no time. Back to 0.4 quite possible this year imo.
Plus I like the tungsten... Sorry for off topic but in wres for the tungsten too but hh should come good just a matter of numbers recoverable but SS is a good oil man Google etc atb and gla
just like me .i am in alba ...also bought some of this .cos .this one very cheap .too cheap to resist ....- In investment, the golden rule is to buy things when they are cheap and ... In other words, buy when there are no buyers and too many sellers,
I'm in ukog stg and suspended dor..think I'll get a position in here come Monday atb and good luck everyone with your investments
I'm in ukog stg and suspended dor..think I'll get a position in here come Monday atb and good luck everyone with your investments
Still, it is one thing to know oil is there and quite another to extract it profitably. As only part of a reserve is usually recovered (the permeability of rock precluding extraction of the rest), prospectors need to be sure there is enough to make the effort pay. And the oil price has been tumbling: Brent crude now trades at just over $30 a barrel, perilously close to the $18-25 range that UKOG says is needed to break even in Britain’s onshore industry. UKOG is encouraged by analyses by Nutech and Schlumberger, a pair of energy-research firms, that suggest Horse Hill could contain between 9 billion and 11 billion barrels of oil. With the right investment the Weald Basin, the surrounding area to which the company has access, could produce 10-15% of Britain’s daily oil demand in a decade or so, says Stephen Sanderson, UKOG’s boss. That is a somewhat lower estimate than the company gave last year, and others are more cautious still. “So far, it’s not so much the Gatwick gusher—more the Dorking dribbler,” says Richard Selley, a geologist at Imperial College London. It is notoriously difficult to predict when the natural fractures through which oil flows will close, he warns. Tests lasting many months are required. Mr Sanderson complains that getting permission to drill takes two years in Britain, compared with two months in Texas. Still, oilmen point to the Wytch Farm field on Dorset’s Jurassic coast as an example of environmentally responsible and profitable extraction. Sited in protected countryside and surrounded by woodland, it is barely known to locals. UKOG hopes that its sites across the Weald Basin will be similarly invisible—and profitable.