Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Well said Sir! Totally agree GLA come on UKOG.
Something could be MM'S I don't know seems to hamstringing this share everytime it tries to rise. Can't go on for ever. The games afoot it would seem.....
They raised 2 mil by diluting or shares only to further dilute them in this acquisition. If it is so good why do the other stakeholders let their stake go and accept mainly shares instead of cash? All seems really confusing to me and a huge amount paid for a very small increase in HH. Looks like Ukog is playing poker with the other stakeholders at our expense.
I could be wrong but if I recall the wells are already drilled and good to go. Please correct me if I am wrong.
Stupid question but given the flow rates from the Kim in 2016 why did we start the EWT with such a piddly pump? Surely switching pumps is another unessary expense and short sighted unless they never anticipated flows of that level in the first place. I still believe the oil is there and will flow. It just seems really odd thou unless someone with better knowledge can enlighten us please.
Thank you for cheering me up on a slow day for Ukog. :) valid point too.
I agree a cock or two isn't much to go on. :)
Everyone is so obsessed with the market cap. Really are any of you actually thinking of buying ukog out? This wouldn't be the 1st company to have an mcap that doesn't match the assets and it won't be the last either. The question is do u want in on a piece of it? Loads of news to come and an exciting opportunity for all the players involved. Let the MCAP take care of itself. It didn't stop the rise last time as sentiment is king on AIM.
This share has caused so much pain for some and joy for others. Some patience and calm is required. 150 days of EWT loads of highs and lows. Panic and inpatience just makes the MM'S and gits out there job a far lot simpler. Sell if you want to sell hold if you believe there is more. Please for sake of new investors and those underwater calm.
The issue is the market isn't buying it. Tumble weed and no volume here loads of interest there. I hold both Ukog and Angus. I hope both work out but agree ukog mcap is nonsense.
If that is a buy someone is confident.
The EWT is over 150 days why are we expecting news so soon? Can anyone explain? As for capacity I think there was a similar post regarding BB specifying how much oil the tanks will hold. Can't remember who posted it thou.
Loads of buys no price movement. I wonder if this is being held while all the inner sanctum buy their shares at rock bottom prices. No idea to be honest but it would be nice.
This is not directed at anyone but everyone who is in a panic. Months of testing to go and loads of cash raised. Any issues (not that I am saying there are any) can be ironed out. Don't panic its not the time too. Buy more if u can and lower your average there will be a bounce and if it works out this share with YA gone will go ballistic. Angs went higher briefly on buying more of an interest and the latest placing looks like Ukog might be doing the same. Stress not or sell up its all of your descions
I understand how we all feel as I am out of pocket (on paper) for ukog and down here too. There is a common vain of BOD with poor PR and comms, taking huge salaries and doing what appears to be jack. I urge all those who are invested not to panic. To avarage down if u can or to hold tight. I still believe in this basin will produce. The HH EWT if all goes well will be massive for all companies in the basin. Don't panic and have faith. Even if the BOD are pants.GLA
Why is it always going mental at UKOG but it's tumble weed here at Angus? Hardly any trades and no interest surely we are the more assured investment if there is such a thing on AIM.
Does the price automatically drop to 0.9 when the placing occurs on Thursday? I can't see it given the interest and volume of buys at present. Forgive my ignorance but can someone please clarify?
630mil of traded shares yet the most static price and spread I have ever seen any ideas anyone?
MM games again the volume is well out. Way more buys than sells. I know it is not 100% accurate but that bigger difference is too much to ignore. Can't see the price staying down for long.
This share is crazy