Congratulations to Trollplumper....5 Jun 2026 17:58
It looks like the swampy ramping Troll has well and truly been hunted down by the realists on here. Despite all the ramping of UKOG it has been another abysmal trading day;
# Trades 18
Total volume 23,926,167 Total Value £2.41k Share Price down 2%!
A.I Summary of UKOG & UKEN:
UKOG PLC is in a terminal financial crisis with cash reserves depleted to approximately £32,000 after burning through a recent £5.5 million fundraising on non-revenue generating hydrogen studies and high administrative costs, leaving it unable to fund operations or decommissioning without immediate income. The company’s sole survival mechanism is a retrospective planning application for its Horse Hill oil site, submitted in May 2026 to address the Supreme Court’s "Finch Ruling," but prospects are abysmal given the lack of local political support, the risk of rejection, and the fact that even if approved, revenue generation would likely be too slow to prevent insolvency. Consequently, the pivot to hydrogen storage via its subsidiary UKEn is currently worthless as a rescue plan, as the projects are decades away from completion, require hundreds of millions in capital the company does not have, and rely on speculative government subsidies that cannot address the immediate liquidity collapse.
Perhaps the swampy ramping Trolls will now see everything clearer - UKOG can not survive the current situation. To raise further monies they will need to issue BILLIONS more shares, and with no mug Institutional or Private Investors queuing up to Buy the Worthless Confetti Shares UKOG will find it impossible to raise more money!
Still, what does my mate A.I and I know!?!?
Have a nice weekend everyone - even Troll.