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You said 6p was coming very soon. That was 2 years ago.
There's another 2 posts a minute apart that could have been done in 1 post. Why? This is rhetorical question. I know why. You're just ramping this stock. Like you did 2 years ago. Since then the SP has crashed.
Of course £40m is pocket change for a major but this asset has been around since 2014. Tullow couldn't get a partner to farm in with them and they ended up taking a $38m hit to dispose of the asset. That's how valuable this license is. Someone lost $38m just to walk away. So 10years this supposed super license has sat there and the majors haven't touched it. I wonder why that is.
10 YEARS!! This license is worthless. No one with the cash to develop it wants in. UOG are skint so they can't do it themselves
Blaimthrower
6p is £39M Mcap
could it be the likes Exxon, Chevron or BP buy UOG for £40m?
£40m for $23billion NPV is pocket money for these big oil Giants.
Blaimthrower
6p is coming, just wait till this news gets to big oil company, they will bite UOG hands off for $23billion NPV for a tiny Mcap
6p will come, buy not today and
5 seperate posts in the last hour that could all have gone into a single post.
Welcome back this week Mr Ramperson.
When do we get to talk about you telling us that UOG was going to to 6p easy and we should buy when it was at 3p?
Must watch.........
not many seen this
https://x.com/UOGPLC/status/1755586872108109920?t=zWh4VdsYVXExuJQ7dka2Ww&s=08
Https://twitter.com/briana202202/status/1756498744290299931?t=ojWnVOgkGgdI4Ll2zm2sWQ&s=19
This should well like UPL done.
20 Bagger min
tiny Mcap for the £$23 billion NPV to UOG!!!
This is huge $23 billion NPV to UOG
https://www.rigzone.com/news/united_oil_secures_extension_for_jamaica_offshore_asset-31-jan-2024-175558-article/
Has anyone seen this $23 billion NPV to UOG!
If the cost to make renewables was cheap the transition to green from o&g would happen tomorrow. However, the costs involving renewables is really high and the technology isn’t there yet. O&G has 10 plus years to run imo.
It is evident that Crude has been oversold and the prices are stabilising,
The United States of America shall soon be moving into their peak spring & summer seasons and the stocks are starting to dwindle,
The Chinese Government has just announced a period of financial stimulus and that is also helping to support the price,
Waddock Cross shall soon be coming on line and that shall be a boost for cashflow,
The presentation and ongoing communications regarding Jamaica are also being seen as a huge positive,
There are huge question marks being raised regarding the financial sustainability of renewables and naturally when Renewable have sustainability issues the confidence soon returns to the hydro-chemicals sector,
Https://www.msn.com/en-gb/money/other/german-wind-turbine-producer-nordex-posts-sales-increase-for-2023/ar-BB1i97po?ocid=msedgntp&pc=U531&cvid=8a00229dca884137b685da6fb3dd4893&ei=92
What looks good re top line revenue does not always indicate a healthy bottom line for sustainable future investment and the price of renewable KWh electricity is coming under pressure which is an absolute bonus for our sector,
Regards,
Some has clearly paid for that pile of un-factual rubbish
Why? Something to do with pork bellies?
High-quality journalism, just a couple of notes:
"Since 2014, United Oil has invested approximately $40 million in technical data and studies, including 3-D seismic".
- No they didn't. They didn't even exist in 2014. And certainly didn't spend $40m on seismic. Tullow might have.
"United Oil plans to drill an initial test well to target a 400 million barrel of recoverable oil prospect at a cost of $530 million"
- Imagine knowing so little about the oil industry and UOG to think a test well costs half a billion dollars.
"As Jamaica embarks on this oil odyssey, the world watches with bated breath"
- hahahahahahahhahahaah. Maybe it's a comedy piece?
It’s going up.
BRV Capricorn
"Excuse me, but this is not a random rise from a normal share price. This is a correction of the massively overdone drop a few weeks ago. Overdue and well deserved. UOG is very undervalued"
Undervalued? They have no money. A fair wage bill. A license that no one wants to develop with them and they can't do it on their own (see point 1). I've been hearing that UOG is undervalued since the 4p days and now it's finally getting to it's true value. Almost worthless.
Sounding more and more like a JV with the Jamaican Government….. whatever you think but it’s clear the Jamaican’s are getting behind this big time!!
Article dated Friday no wonder the interest .
Just the farm out ti sort out then looks like it could be happening
Atb
Pat
Https://bnnbreaking.com/finance-nav/business/jamaicas-oil-odyssey-unlocking-the-potential-of-the-walton-morant-offshore-block
Not sure there’s much we didn’t already know here but at least they’re still talking about Jamaica
So .7 will get retested -m don’t think so. Another ramper looking to make a quick buck but looks like they’ve got caught out……
"when I call this this morning sp was under 0.35"
And your call at 3p 2 years ago. Do we just forget that one?
Just like an aircraft it looks like its descent and the rampers will have moved onto their next culprit.
Always be wary of no news backed spikes as they are a shorters dream.
.7 will be retested today, Mm ain’t getting any action at the current price! None
Realistically, wasn't going to blast straight through 0.7p. That's been a short term resistance level from Nov last year.
Regroup and have another go at it.
I agree blame T with you, Earl is really good when picking shares, I shall follow his footsteps only if I can get in om time, I always check when the sp is on rise .