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Jelly11,
I didn't report you for expressing your opinion, I reported you for the words you employed re SS which, imho, were defamatory.
Thank you, Admin, for deleting the post in question.
Ocelot
Report me all you like. You have just confirmed your narcissistic point of view.
Grow a pair.i am , you are , others are , in deficit. Mr Sanderson and his decisions have brought this company to its knees , all on the back of lies, misrepresentation, and me included , those that that were sucked in.
You should be ashamed of your ridiculous campaign of everything is going to be ok.
I could not give two figs about you reporting me, as this platform allows ignorant believers like you to spread your rubbish. And if they start banning people for an opinion then the site will die .
"It will be interesting to see if he takes the company private"
He would probably need to become a major shareholder and he's not that stupid.
It will be interesting to see if he takes the company private
Ocelot try being honest about udog’s situation then you won’t get so much flack from normal people as they all know it’s a massive con.
Where is tymers and trollspunker? love to hear their comments on all the ramping they did but guess we won’t as they were just paid shill's
Black hopper ... please post where I stated I was rolling in dosh ?? But I suppose compared to your failures , I am !!
Can not be long now. The end is in sight. The delay in announcing AGM details suggests to me they are considering their position and likely going to have to call it a day. The Loxley RNS really shows how bleak the situation is ; no chance of a near term good news lift from a Loxley farm out. I do not think it will ever happen now.
Its just no longer a credible 'going concern; They have run out of goodwill and I can not see UKOG being able to issue several billion more shares.
Looking at the numbers; what third party would loan UKOG anymore?.
You have to remember, SS thinks that his personal bank account is the "shareholder", in which case he's done a brilliant job. You will find it hard to find another CEO of an AIM company who has milked a company dry on the back of a bunch of lies!
Pension cost of £1k - that is far from being enormous.
Mr Sanderson is an accomplished strategist, according to his linkedin profile.
So maybe we give him a break , because also according to the profile , he clearly wrote, he delivers shareholder value.
He needs more time , so his 300k + a year is probably deserved. Plus pension , expenses, car allowance etc etc . Because he has told us he delivers shareholder value and is a brilliant strategist we should trust his judgement.
52 Week Low 0.0245
52 Week Low Date 02-May-2024
You seem upset tho' Nicey.... not the trademark of someone rolling in dosh....
Sanderson should be prosecuted for fraud.
MINIMUM 50% BETTER 75% if he does not accept it he can leave. Why is this man allowed to pay himself so much? Should be a EGM called in order to demand wage cuts of all staff based on poor performance. Or just call in the administrators. The company has to do more dilution just to keep its listing.
800k market cap. Even Adrian has given up.
For years this has been said , and for years he still keeps getting away with it .It's beyond unbelievable.
Blackhopper .... I haven't been invested in UKOG since 2019 .And I haven't been in ECR for years either .2020 was the height of Aim and Lse and since then many companies have lost 90% or more of their valuation .I saw Aim shares go into freefall in 2021 and got out in summer 2021 as I have stated many times .I am just at a loss to understand how SS has got away with it for all these years .He has basically fleeced everyone and continues to do it .And as for you personally....you didn't see the big crash coming .So you have had your pants pulled down at Ecr and are currently massively underwater .You have been ramping that share in the desperate attempt to get out with minimal losses .Your ramping hasnt worked in the past and it wont work in the future .So i kind of understand your pain and bitterness .Now go on back over to the Ecr board and keep ramping . It hasn't worked yet though has it ? 4.4p to 0.26p is one heck of a car crash isn't it boy ? Ha ha ha .
Nicey, you need to get whatever cash you have here over to ECR where the BOD DON'T take the michael on remuneration and they aren't involved in the kind of 'death spiral' financing we see here.
(apologies to all decent UKOG shareholders but 'Nicey' isn't actually very nice...are you??)
...and I could be renamed Lostaloat; you cannot win them all; regretfully
Ocelot should rename himself to Losealot
0.025 GBX -0.05 (-64.29%)past month
2 May, 11:20 BST
Alans55....spot on there . Lse is an absolute snakepit featuring some of the lowest versions of humanity that exist .I believe that is why many are moving over to the Ftse , and other forms of investment. 2020 was Lse's heyday. But with many companies down from that time over 90% I think the writing is on the wall for Aim juniors .The private investors who took a punt have long gone .All we have left here are the snakes , and ones who are that far underwater that they are praying for a miracle. And that's not just here either.Its pretty much across the board.
Delta.
They did get the loan I agree now the loan is lowered when it issues shares. I understand that. Sorry if that was not made clear.
What I wanted to say was that £420,000 all of it will go for listing costs. It does not cover the salary of Sanderson. More importantly the company does not have enough authority to issue shares to cover the loan. It is short of shares and needs to go back to the shareholder for permission to print more shares. Damn.
Ilovesushi,
“ For this it will received £420,000? Take away Mr Sandersons wages of £330,000 the company will have about £90,000 left as working capital”
UKOG doesn’t receive any new money from these loan conversions, they simply reduce the loan liability.
UKOG did receive £2m cash back in June 2023 when the loan was taken out but that money was spent long ago.
867k m/c