Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Done more than my fair share of research IBUG thanks.
I didn’t fancy coming to your 2020 party as most of the guests were liars, just plain mad, or thought sitting outside an oil site for days on end was classed as fun!……..I may be a bit early to the new shindig! Is it get well soon, or is it going to be a wake is the question now?…..looking forward to the reading of the will to see who gets what if it’s the later!
WG818
DYOR. You are also a bit late to the party as it was all discussed back in 2020 when HH-1 started producing copious amounts of water. Better late than never I guess.
I’m glad I can put a smile on your face but, I’m guessing that’s a rare occurrence?….only I mentioned the permissions in place from the EA, and the planning permission required, the transport costs are minimal compared to disposal via incineration, and Angus used to transport the waste water from Lidsey to keep the pressure up at Brockham until permission was withdrawn as Angus failed to answer the EA,s questions on a couple of times of asking. I’m intrigued as to what you mean by water treatment though?…..are going to use it for water boarding the management as they pour it down the injectior well?
WG818
Your naivety is amusing. You obviously haven't taken into account transport costs, water treatment, compatibility and permissions in your thought process. Good luck with that.
Behave yerself WG lol.....
You always end up agreeing with me in the end Bubbles!……you just don’t admit it!
Totally agree with WG on this (god help me ;-)
These outfits "should" work together where common sense & logic save both time & money, along with optimising the use of what is already there !!! Plus a few tankers of water would give Adrian & pee boooo something to sit in the bushes and look out for too !!
You’re an absolute delight IBUG! You must be popular at parties?
Simply pointing out that water disposal at Brockham could be mutually beneficial, or make casting an eye over one another's assets makes a lot more sense than spending 100s of thousands on downhole works at present. The bad blood between previous directors at the two companies is surely passed, as the Angus Board has all but changed bar Mr Carlos Fray Bentos.
Every 50k they can get their hands on will keep Scamderson in a job for another months so he will do everything possible to keep things going, he would issues 500,000,000,000,000 shares at 0.001p if he could get a few more quid in his pocket, we might even see the market cap lower than his yearly salary but he is happy as long as he has got his fat mouth in the trough.
WG818
Making it up as you go along? You are a typical bottom feeder. Where did you say " I simply pointed out that water disposal in UKOG case costs a fortune and they haven’t paid to sort it out yet,"? £250k is hardly a fortune out of the total cost of sales. I very much doubt if you even invested here.
Did you get up on the wrong side of the bed ibug? I simply pointed out that water disposal in UKOG case costs a fortune and they haven’t paid to sort it out yet, and Angus requires 150 barrels of water a day for 8 years to get the pressure to extract from the Portland. I’m sure it won’t have slipped the attention of the Angus board as theysearch for investment opportunities as they are neighbours and actually drilled the well in the first place!…….not than they can afford any expansion either.
WG818
Not an apology. Planning was issued and UKOG have not done it. Not my problem. Where did I say it had been done? Why don't you P off back to the ANGS board as their problems have nothing to do with UKOG.
That’s a very strange apology ibug! So my lack of research actually proved to be correct then!…lol
Any of our oil experts care to guess at the present cost of a rig to carry out the works required on HH-2Z or could it be done by a CTU? Unfortunately UKOG have never said what works are actually required but the planned injector is midway between the heel and toe.
I don't think £400k that buys them anything, they would still have the RF/UA remaining liability due at end of year.
They either need some sellable bull$hite scheme to put to the shareholders at the AGM to be allowed to raise a many millions or admit defeat and file for bankruptcy.
£400k placing before administration?
0.02 trades incoming shortly with under 1m m/c. Unfortunately Sanderson is unable to be frugal and keep UKOG on life support like so many other AIM CEO's are able to do. If he had knuckled down and worked with the assets he had and not frittered away funds on Turkey and Hydrogen he could have kept this gig for a few more years. A terrible CEO who was given the job and was totally unsuitable for the position. Doesn't even feel the need to communicate with shareholders, tells you all you need to know really.