Member Info for AimDogs

What happens at the agm rerun if shareholders revolt again and UKOG cannot issue any more confetti?

I presume Sanderson would 'retire' as he would have no room to manoeuvre?

Helpful. No.

A farm in perhaps. Although the chance of that fulfilling the rrr cash flow problem is less likely imo.

Helpful

That could be good for the future but rrr has a massive hole in their cash balance and need drc or an asset sale.

Without this more mass dilution will follow for the average shareholders.

Risky trade MungoJerry.

Lenigas is a fool but he is nobody's fool.

If he is interested in an asset he will maybe wait and get 100% of it it in a fire sale. The clock is ticking and the vultures are circling for what is left of the UKOG carcass. Gla.

Helpful

DRC is only $7.5m.

What ball park valuations are you putting on other rrr interests and which ones?

UKOG have been looking behind the sofa but unfortunately they didn't find any cash.

So they fired up the confetti printing machine and printed 3 billion new share certificates.

Steve Sanderson will try to squeeze every last drop from what is left of the UKOG carcass.

This may delay the inevitable for a while but unfortunately the outcome here is terminal.

So sorry for the long term investors who have been robbed by one of Aim's worst.

DRC

We have been in constant communication with our country representative, our lawyer, and our local partner and matters to resolve the above are progressing. We hope for a further update by the end of this week or early next week.

What are UKOG present debt and liabilities including plug/abandon/site restoration?

So you hold rrr CLN's? Have you been diluted in any way by Andrew Bell? Also what were/are your thoughts on the Greenland fiasco?

Does anybody have any links to the DRC award, or any trustworthy press articles, to collaborate Bells version of events, apart from RRR rns's?

Banburyboy. Thanks for the welcome yesterday.

What happened at Greenland? How much money was involved and where did it go?

Thanks Banburyboy & Helpful for yr replies.

I note that both of you were evasive and didn't directly answer the questions I asked you both.

From that I will have to presume that Banburyboy is either an employed paid poster or has lost money here in the past to dedicate so much time to post here. And

Helpful is not a standard investor like most shareholders here and is not affected by the constant dilution.

AimDogs.

Question for permabear Banburyboy.

Did you have a large loss here which drives your constant negative posting about RRR?

Question for permabull Helpful.

Why do you never address the past and potential future mass dilution of shareholders?

Thanks.

Sanderson hasn't interacted with shareholders for years.

That is the biggest red flag available to a private investor.

A good management team can make money out of mediocre assets, bad management can go bust with exceptional assets.

Unfortunately UKOG has poor management and mediocre assets so is on a hiding to nothing. Gla.