Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Ahhh - the 10 million order at 0.96p - another short closed!
Must be some serious news about to break - I’ve never known it so quiet on here.
GLALTH
Spot on scratchthatlast.... BB doesn't need fracking at all - as SS will prove on our next visit there.
Any news from Magellan on whether they will be contributing to the next drilling operations as HHDL’s share of the cost/profits may well be far in excess of the 50% used extensively in calculations on this site?
CS: "You'd only do that if you didn't think that what you had already was good enough wouldn't you and that you didn't know enough to be sure that it would work?"
Very naïve! No business especially an oil producer ever rests on what they have. This is still an EWT and the more they learn and add to their existing knowledge the better. I have no doubt that SS will also get BB to flow next time - he has a point to prove and I think that's what will drive him on to success with this.
Totally agree. In addition CPR will surely only follow any planning permission success in Sept but remember Q3 starts on Monday. We all know once the drilling rig turns up then it's going to generate a huge amount of interest and investment as BB (which isn't done with yet) did before, but this time we have the knowledge and known assets.
Brocal53: Being kept very quiet by UKOG for a reason??
Maybe because they don't want 200 protestors in the way when it does arrive - numpty!
Heid: I thought you could see with your own eyes what was posted from the picture and subsequent video. I do know though that without him and a few helpful others being there, we would be totally reliant on sporadic RNS's which would cause even more uncertainty and tension.
Prevost: that is the worst bit of attempted scaremongering I have read in a long time. If you are indeed a long term holder as you mention more times in your post than I could be bothered to count, then you would know that we are not using a couple of local amateur DIYers to construct the shafts and tunnels. The kit is cutting edge 3rd generation so hopefully will bring the completion date forwards by several months as it’s being operated by the best professionals money can buy. Strangely this is why this is costing so much - you want the best then you have to pay for it and no doubt there’s penalty clauses for them to pay if they fail to deliver.
I have absolute confidence that this will be delivered and ahead of schedule. Your motives are obviously different to mine as I hope one day to be able to pass on my shares in this to my sons so they too can reap some of the benefits this project will deliver. This is really really long term for me not just a quick buck over a day or two like it obviously is for some.
My worries are not with this project but with the type of people who promote this failing in some distant hope of influencing the sp to drop.
GLA “real” long term holders - our time is coming
Everyone always wants things to happen tomorrow, next week or even it should have been done yesterday attitude - SS is running a business not a new service. He has laid out plans and a timescale for those plans, nothing is set in concrete so some degree of flexibility is required. There will be times he cannot disclose his intentions as these will have a consequence if he does - get over it! All in good time as this has a few years to run yet before the benefits really kick in. GLA LTH's as patience will reap its rewards.
We have still to find out what the £3.5M was needed for .... hopefully just another part of the jigsaw SS is putting together. Other questions for tomorrow are about Tellurian & other weald partners - are they in or out of the next drills as that will make a huge difference. I want to see BB and the fallout that ensued put right - do that SS and I for one will be happy.
What a load of rubbish ..... the sp rise today is due to the churn from placement coming to an end. Of course SS cares about the shareholders every CEO of a public company does. We all know good news is just around the corner so stop with he negativity ... its more boring than the Brexit saga. GLA LTH's
Let’s spin every negative view before we know what’s it’s for ... unbelievable!!
We are obviously buying out a partner or have increased drilling costs as someone can’t afford their share of the costs - either way I can only see a larger percentage of the profits longer term. Another buying opportunity for some.
As the price of oil continues to rise - will we see the sp reflecting this?
JayKay1 - in any of your calculations have you made any allowance for Tellurian being on the sidelines with the next wells as there’s no guarantees with them taking part either. It was discussed on here a few weeks ago the implications of them not contributing to the next drilling costs etc so if you are going to circulate figures around can you include them with the scenario where they are out of this next stage too? I’m sure their 35% will make a difference as too will Arreton as per recent comma and Godley Bridge’s 135 million worth of gas before we look for the oil beneath it. The picture is much bigger than you have calculated for. Good luck all LTH’s. Another blue week hopefully.
No IFONLY1- fact!!!
IFONLY1
“A bit far fetched” - it’s in Black and White on here and we all know what they are trying to do. “No effect” - then why do you too and “it” just try and breed negativity on here? Are you and Cheryl part of the same team?
Cheryl (obviously a bloke btw) is a trader or shorter and is most probably being paid for this - it professes to know nothing about dealing then makes statements only a seasoned trader would know. She was introduced in an attempt to get this so down to a penny and has now failed miserably. Personally I hope this costs them many many thousands getting burned. What I find strangest though is that the Admins on here have allowed this as it so blatant. Be warned anyone reading her posts about “her” motives behind this. I wish all the luck in the world to genuine UKOG LTH’s as it’s now our time to enjoy watching this grow.
You mentioned freedom of speech... you get that when you can see both sides of an issue. You’ve made it clear that you are not invested in UKOG but you continually post negativity here under a fake identity no doubt having been previously banned from here before. I really think you need to move to the Angus board, as there’s more likelihood there of seeing the 1p share you incessantly drone on a about. Good luck all UKOG long term holders - just remember to filter out the sewer rats like “Cheryl”