Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Taverham, SS will be 68 in June according to company's house DOB JUne 1956
I think his current plan is to keep talking up pie in the sky or hole in the ground projects until he can find no further sources of capital to tap. How old is he and how much longer does he need to keep this zombie company alive for?
Click on the 1m tab and not even 2% of issue traded per day since consolidation.
https://www.lse.co.uk/ShareChart.html?sharechart=UKOG&share=Uk-Oil--Gas
Adrian - 3.46 billion shares. 1.90m market cap. Go figure
Adrian
If you do get Court news this week it will be for next week won't it? Best to get your facts right. I take it you need a tick up to sell at a loss.
Yeah Space between the ears !!! Helloooo ADRIAN lol...... tick tockkkkkkkkkkkkkkkkkkkkkkkkkkkk
Sounds more like the plan from the start. A project far more suited to his ego than running the tin pot company he has been culpable in producing. The quest for transformational projects from what we're, on closer inspection (even prior to drilling), 'pigs ears' being part of the problem
The focus on the Portland Port gas storage project appears to have been detrimental to all the operated O&G projects with little or no progress with Loxley and HH (and the epic heel dragging on Pinarova to prove what was probably at least 90% predictable) plus the desire to dilute UKOG's interest in both, while spending cash raised on the hopes generated by the little O&G activity (or even plans for activity) on progressing Portland Port.
My post from 5/2/23
'As for the Portand project I've already said that I expect UKEn to be sold to a company capable of doing it, though the economics of gas storage can be tricky with huge upfront costs and no cashflow for years - but not a JV, a tiny company as a partner would be a drag on progress - though I wouldn't be surprised if SS was keen to sell and go with it as a continuity director.'
Whilst UKOG currently is taking all the financial risk that they might not get government help UKEnergy Storage is unlikely to be able to refund any of that expenditure if thay do get government funding except by being sold. Of course the SP might rise and pi benefit from that and fund raising perhaps less painful.
Maybe setting up UKEn Holdings is a vehicle for SS to take UK Energy Storage private - otherwise what is it for, set up in competition to the company he is Chief Executive of?
Does that sound like inside trading?
Surely that’s not FOTH? the banned poster, back here with another disguise! Ramping again to try and recover his losses (according to his own posted buy in claims) with the intention of drawing others in to this crooked company
Here's hoping that this is finally the beginning of the end
for this scam that goes under the guise as a legitimate share company
then we can all sleep safely in our beds
Lets just pray its got no more useless scams to spring
Current market cap 1.9 million - just incredible. Ramp that t -rd ocelot and fool. Oh where for art though Ells (probably getting stretched on his 50p RR short. That's like a vision of hell). Oh the shame of them
I wonder when sanderscum will be getting his begging bowl out again?
I’m guessing this month.
Under a million market cap by May, remember his inflated wages are now 20% of the total company market cap.
No more wages for the worst ceo on the planet.
There is certainly a big space between Adrians ears. The man from Del Monte says yes so no real biggie. They still don't have the money to carry out the works on HH-1 or the HH-2Z re-injector or they would have already done it. You still can't push it uphill can you?
Details of forthcoming judgments will usually be announced here on Thursdays at 11am.
All a bit pointless really, it is now akin to taking a vagrant to court for blocking your doorway !!!
Adrian,
Is that not long now a bit like 'soon'?
'The Fool on The Hill@davethedrill1
Oct 9, 2023
#UKOG #Horsehill court win soon ;)'
But nothing much will happen - PPP haven't got the cash, and nor has UKOG, to drill, so probably just a regurgitation of plans that have already been recycled so many times.
Possibly a P&D that because UKOG is such a great company with a great future Adrian will sell on, but the news of the Loxley High Court decision hardly caused a ripple.
I think he's long and wrong
How long have you been getting this wrong fool?
Adrian
Have you sold already? Don't you mean sink?
Ocelot
Why would there be? UKEn is a wholly owned subsidiary of UKOG.
Unless I'm mistaken, there is no link between UKOG's website and UKEn's site.
UK Energy Storage Ltd was formed on 16 May 2022, then a year later, on 19 May 2023, UKEn Holding Limited was formed.
The interesting thing is that while UK Energy Storage Ltd is 100% owned by UKOG, UKEn Holding Limited is 100% owned by SS.
https://find-and-update.company-information.service.gov.uk/company/14880485/persons-with-significant-control
The SIC code for UK Energy Storage Ltd is 06100 Extraction of crude petroleum (guess there isn't one for gas storage)
The SIC code for UKEn Holding Limited is 64209 Activities of other holding companies
So it looks like SS has a company already set up to hold UKEn under his exclusive control.
Maybe the plan is for UKOG to sell UKEn to SS then they go their separate ways, with UKOG going back to concentrating on Oil and Gas exploration (badly).
Of course SS's next move would be to start trying to find investors foolish enough to put money into his new company.
Hopefully, the supreme court will deliver its judgement soon and during this term (ends on 24/05)
Someone should tell the biggest one he had better sell quick.
https://twitter.com/davethedrill1/status/1775910858196971981
Already down on what he bought at.
Agree. Meantime Sanderson is grifting a mint of a living and stealing oxygen with his Hydrogen ponzi scheme. Pardon the pun
All the rampers deserve Karma to say the least…