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Question for Ginger. Hope it’s ok :) Your post,
RE: what's is Net BOPD to UOG?26 Jul '21
2,730 is the NET boepd to UOG.
Bear in mind that 2730 is the average for H1.
Average for Q2 was 2,937 boepd.
Average for Q3 will likely be higher because we got an extra 132 boepd from ASD1-X on 25 May, so that affected the average by only 35 days of 90. Then there's 256 boepd from ASH-1ST2 starting 1/6/2021 so you can take 2937-(132/90*35)+132-(256/3)+256= 3,188 for Q3.
So Q3 3188. With this current uplift, how many in Q4? I honestly find UOG fairly complicated to analyze. 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.
Any reply appreciated.
A lot of posters on this board being tripped up by earlier posts. Have to qualify that when I say it's a lot of posters. Lol! You can work out what is probably going on here with the multiple negative posters.
Here is your earlier post Lords when you said that you see Jamaica as a bonus if it happens and now you say you bought in for Jamaica and will be disappointed if it doesn't happen!
Lords
Posted in: UOG
Posts: 63
Price: 4.35
No Opinion
RE: New here03 Jul 2021 14:41
$5.5 mil for admin cost.. $5.6 production cost pb. Thank you all for the figures.
Please what is uog’s reserves for Egypt? Personally I see Jamaica a bonus if/when it happens. Funding first then successful exploration.. it’s not the easiest location I presume?
Goodness me. Is this some sort of witch-hunt???
Bought in hoping for Jamaica potential as a bonus, as the company is self funded. However now a lot of people saying it might not happen… even some original posters say if it happens then it’s a bonus.. I’m saying I’m disappointed if it doesn’t. Yes I should have done more research, but I went ahead only put in a small amount here. What is wrong with some people here? Not that it matters what I’m thought of.
If you read through, it’s 100% logical in my posts. I wouldn’t have bought in if the company isn’t self funded with Egypt, with Jamaica as a wild cat. But that’s fine carry on with your harshness.
You'd have more respect if you just man up and admit you've been caught out LOL :)))))
Also is there anyone, including the directors, not disappointed if Jamaica doesn’t happen? I’ll rest now and I won’t reply anymore. I said before, I find it difficult reading with all the bickering, so I really don’t want to do that.
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.
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.
Ah yes they always catch themselves out.... oh oh there’s a video ( deflect ) lol lol
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.
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.
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.
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 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....
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.
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.
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.
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.
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?
Very simply, you talk absolute *******s, chap, and your childish antics are embarrassing.
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.
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.
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.
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."
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