Member Info for 111baker

Placing a marker

Because UKOG has a majority stake in HHDL, and now in Holmwood,---- SS has gathered a war chest to join with Angus in forming a huge area in the sweet spot of the Kimmeridge.

Once the water problem is solved, and it seems to be soon, the announcment will be made.

I am holding the oval ball and digging my boot in the turf.

DOR---Last 7.8¢ Change 0.013(20.0%)
Mkt cap $4.058M

Train leaving the station-all aboard booooom ! ! !
.
No I cannot ramp this up, so the gas play has started.--it is another chapter, lets see if the Aussi investing community play the ramp/dump game,

There is a raging discourse on UKOG, with the oil AGM two days away, go figure.

SS is casting around for new fields to conquer, the AGM is Thursday, lets see.

DOR have 3mill UKOG shares, and 5% of Arreton the IOW drill planned.

If UKOG bought out the 50% partner of the Aussi gas play, DL and SS would be conjoined, hopefully forming a Footsie company, breaking free of the poisoned nursery that is AIM.

With income from the `permanent` testing of HHDL, enhanced by the new drills at Horse Hill, there is a fighting chance of a stable company with steady growth rather than lurches.

It may be announced later this week.

And the greatest of these is leaving AIM.

The combustion engine is 30% of the cost of a car, watch when the many EV designs are unveiled in the next 2-3 years, better than ICE, faster, and cheaper [until tax kicks in-gotta pay for public services].

India and China are vastly more polluted by traffic, they will lead the way--Dyson is a model to watch out for.

just as the first horseless carriages were stagecoach design, so new concepts will move away from present shapes, and easily swapped batteries will enable securing a full charge in minutes.

Tomorrows world speculation--but how many weather events does it take to kick start innovation.

EV family cars under £6000, quicker, silent and free to run if you have solar panels [solar roof tiles will come --Elon Musk is developing them]

"REM was a massive Lenigas Multi Bagger"

I never knew he was behind them, made some good music they did.

Invest in medicinal cannabis, multibags soon.

yes but consider global warming, protests by young schoolchildren ---warnings by senior environmentalists, cars trumpeting reduced emmissions of deadly gases, but still gushing poisons.

Perhaps more patience than normal is needed, but while DL may be as popular as David Cameron is to the Tories now, think on---

EV`s will become mainstream -----and lithium and rare metals will become sought after, this message is aimed at those who still hold REM-now KDNC, for those out of it, keep an eye out-you can buy in with the TIMING RIGHT>>>>

Alan2017, I stand corrected.

"The Weatherford Ultrawave Tool which is a drilling LWD tool was used for the first time in Europe whilst drilling the Brockham well. Fishbone or multi-lateral wells have been used for decades all around the world."

You have given the Sunday name to fishbone drilling.

It has enabled DL to exploit the kimmeridge before anyone else, canny fox that he is.

As for the go slow, UKOG aiming at the IOW will gamble on bypassing Weal oil-only if it is not a duster, but extended tests will provide income, and if there are no environmental issues the govt [of whatever stripe] should step in,we rely too much on Russia for our energy needs and they are no friends of the free economies.

Genuine issue raised, whether drilling or repairing;

The Kimmeridge has been cracked because new seismic tools enable a far clearer map to be made of the rock formations, and fishbone drills with it`s many strands loosens the oil in the kimmeridge levels, this tool being used for the first time in Europe.

The portland may be seepage from kimmeridge, after all Weald oil has been explored for over thirty years.#

North sea exploits this kim level-it extends over a huge swathe of England.

When Conoco tested the Kim in 1986 they got a small uneconomic flow of oil.

The issue is this---- are the majors holding back from the Weald for reasons of avoiding heavily populated areas leading to protests which would hit their petrol garages etc, or is it because this new fishbone drill has stolen a march on them.

Angus and UKOG as stand alone coys will not suffer in this way, and protests will die away if they can be as unobtrusive as witch farm,the protest worry rules out a major uk oil coy buyout though.

Arreton could be a duster, but spudded on the back of UKOG Kimmeridge results [and Portland, but that may be due to seepage from the Kimmeridge levels]--with many thousands of barrels per day with new drills, which is a reasonable assumption, it becomes a risk which would not cripple the company.

Take us out of AIM, please.

Interesting times ahead''''

something coming up....

Nobody is buying, I am full up, fed up and cheesed off.
Cost of production £20, 18o+ tankers--" drills starting shortly.

but until we get out of AIM [accursed cess pit] it will continue to be a shorters paradise.

Please SS help us in our hour of need !

It`s a revenue stream for Iron ore for pete`s sake.

Not for the rare metals required for EV`s motor/brakes, that value is still to be realised, as is the lithium in the JV`s at Sonora and elsewhere..

No, if you are looking who to blame for the slow burn, look at the car producers worldwide, to hold on to their jobs they are dicing with mankind`s future by fudging the issue with hybrids and together with politicians, failing to provide the infrastructure needed for EV`s--charging roads, parking pads that recharge--the technology exists.

As weather events become more destructive people are going to become more aware of the danger all face.

Sir David Attenburgh recently ; "we face mass animal extinctions unless global warming is halted".

This binding income stream is but the first indication of the value within KDNC, and although the flippers will yo-yo the SP ----overall this is a keeper.

I enjoyed the Remmy party, observed David Lenigas in full flow and bought into the lithium story, but the infrastructure for electric vehicles is lacking, the impact of electric cars is minimal, but it will come or mankind will perish

nuff said.

DL said that a stake in the minerals required for the motor/brake in EV`s will be pivotal---enter the RNS today.

£100 or 150,000 shares were given to family as gifts and although reduced, my holding is modest but in place.

DL is out of favour, but this income stream is a game changer.

Years ago my forcast was-----------, still achievable-----but I must not say what I think about car/truck producers, except to urge them to plan ahead.

This will remain a yo-yo share until it leaves AIM

SS has laid out the plans 2019/20 by assuming production licenses and further horizontal drills.

I feel Telurian will disclose pipeline plans to deliver 1000`s of barells per day.

Put more funds into this share, play the flipper game if you must, but please desist from the train leaving the station, boom time guff, that has made this share a laughing stock among industry professionals.

Under 200 posts--name change flipper
2000+ posts old and bold flipper

200-1000 posts LTH mug

You cannot win---roll on respectable Footsie ranking

So we accept TM`s EU deal----

We pay no money now to the EU-it now goes to the stretched areas of our economy.
We only let in people we want.
We monitor imports into Northern Ireland and block obvious shipments destined for the EU- traders will soon learn to cease trying.

The backstop will never need to be implemented.

Trade with the rest of the world will be nuanced, and we will extend our nine years of growth.

The only fear is the fear of the new position.

Oh and UKOG will become a footsie coy and the share will stop being a yoyo and become a staircase.

"not long now"---SS today

150+ tanker deliveries with no, yes no environment problems and 6% due to fall into the -stretched- council coffers, it would make sense for the granting of a production licence.

This together with the planned drllls would seriously rerate the SP.

The real question is whether to take the profits from a spike of 2 or even 3p price, confident that it will fall back to 1.6p in a few days.

What a sad commentary it is on an AIM system that is one of constant up and down with no end in sight.

Experienced investors will be used to the rising sp as dividend day approaches, and there are always shocks due to unforeseen market movements.

But the AIM pattern is unrelenting and very dispiriting.

More cash to develop gas play in Australia

GL still has operating interests in Angus.

Agreement to purchase Doriemus' interest in Lidsey Licence, PL241 (the "Licence")
Angus Energy today announces that it has entered into a binding term sheet regarding the purchase of Doriemus Plc's 20% interest in the Licence, together with Its interest in and under the JOA and any wells on the area covered by the Licence (including its 30% direct participating working interest in the Lidsey-X2 production well), for £467,377 of consideration payable in 8,324,024 shares based on a 20 day VWAP at close of business on Friday 22 February of 5.6148 pence, subject to regulatory and partner approvals and the execution of all the required sale and purchase agreements.

This will depress Angus` sp till sold, 3-4 months depending on Balcombe and Brockham progress on "routine" blocking of the water. Not forgetting the Vonk /pretorious tussel over control of the coy.

May you live in interesting times---
Ancient Chinese curse.

Groan if you are also fed up with this once so promising share.

DL resigned from the 147coys which were a legacy from Lhonro.
Grubby conspiracy theorist saying police have been informed, yeah right.

Meretricious nonsense because this country is basically free of corruption.
DOR shows director salary £38k.

on this DL keep two homes and jets around the world.[or he is a multimillionatre taking only relevant expenses]

The Kimmeridge is flowing due to siesmic imaging and fishbone drills.new innovations unknown to earlier oil coys.

The portland -may- be flowing due to seepage from the Kimmeridge--we will see.

140 and counting tankers cannot lie.

rubbish

David Lenigas is consultant to UKOG, exchanging DOR holding for 130m shares at this low price helps both coys.

Total will have to make an offer in the pound[s] range to tempt Stephen Sanderson to even consider selling

Hot Copper is an Aussi BB, there all the arguments pro and anti are aired, but there is no lending of shares, so no ramp/dumping of shares which is destroying AIM as a cradle of new companies.

It should be a straightforward matter to ban lending stocks, but it is profitable to the participants-but ordinary punters buy on a rising SP leading to the spikes [and forced losses] that has soured so many investors .Who are blaming DL for leading them on.

On ASX the sp is static, or glacial, quite why intrigues me

Your view would be appreciated.

The solution, restrict holding to a few thousand, or hold underwater shares muttering at the posters with several thousand post history, WOW!----booooom train departing----or dilution coming, poor management etc.