Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Looks like no illegal voting will be allowed this time. Voting will be on legal reasons not nimby preferences.
Planning officers comments from last meeting:
" 21. Officers stated that they were concerned with the level of detail discussed around highways which was an issue for the County Highway Authority. Officers further stated that Planning Law required that Members should focus on whether the application was in accordance with the development plan unless there are material consideration which indicate otherwise. Further to this, Officers reminded Members that local opposition or support was not grounds for refusal or granting and that Cllr Rivers reasons for refusal were not valid planning reasons. Officers also restated that the County Highway Authority had raised no objections to the proposal and that it was not unusual to accept a framework traffic management plan with details to be submitted later. Members noted that the Committee needed to be satisfied there were no significant adverse impacts arising from the development and that it was officers view that there were not. "
Penquins, you do not need any help from me to get annoyed, you panic every time the Ukog SP moves upwards even a touch, or someone on twitter mentions another tanker leaving HH. Mention of oil from Ukog's Horndean oilfield or that Ukog has revenue from oil sales and you dash to your keyboard to produce another one of your repetitive essays of negativity.
Penguins in full panic mode!! Seems to think mid March 2020 till now is eight months, my figures make it just over 5 months.
I have not included any amounts for oil produced prior to mid March 2020 as that was not considered "production" by OGA.
The $2,000,000+ revenue was an approximation for production since Mid March to date including Horndean. Note the word "Revenue".
You need to panic less Penquins when you see a post based on facts that does not fit your negativity or you will do yourself a mischief. Remember the days when the board "experts" were insisting their was no oil at HH, if there was it was locked in and could never flow, and if it did it would not be enough to fill an eggcup?
RNS Number : 0197G
UK Oil & Gas PLC
13 March 2020
"UK Oil & Gas PLC (London AIM: UKOG) is pleased to announce that the Oil and Gas Authority has approved the Horse Hill Field Development Plan and consented to the start of long-term production ("Production") from the field. "
"Portland oil pool Production will commence via Horse Hill-1 ("HH-1"), with Kimmeridge Production planned to be added in late spring via a conversion of the well to a dual completion."
So production figures for March 2020 for Ukog are only from the Portland (HH-1) commencing no sooner than 13th March, leaving a maximum of 19 days production possible.
Ibug, the quote was taken from the link supplied by piohc1 in their 11.21 post.
https://drillordrop.com/2020/08/17/first-official-horse-hill-oil-production-data/
vernonya, you should be posting on the UJO board if you are really interested in consolidation. There are 15,441mshares there, over 40% more shares than Ukog's comparatively measly 11,000m shares. Does not seem like a problem for UJO and unlike Ukog they have no oil production or revenue at all.
"A spokesperson for UKOG said the March production figures were for 19 days, and averaged nearly 300 bpd and included no water."
With production only for 19 days that makes an average for the producing days as just over 295bopd. No water.
With Ukog's share of its Horndean oilfield production that should create around $2,000,000 of revenue.
Tall_Chap, you claim to have lost £20,000 with this share but you got the share price wrong by 150% and you also claim to have no idea about what has caused the share price change. You say that even now you have not be bothered to read the RNS's issued by the company you claim you invested over £21,000 in and that could tell you all the information you pretend to need.
Some traders feeling very down today having misjudged and sold in the last couple of weeks with the expectation that the SP would fall rapidly back with the aid of their manic deramping. Instead the SP has risen and they have missed out, and now they will need to buy back in much more expensively or miss out on the next round of the Ukog share price increase.
Even Pericles2 with his new found expert knowledge of death spiral funding has failed to stop the rise.
Only a couple of trading days ago a poster pretending to be a complete "Newbie" said,
"As a newbie to this investing lark can anyone tell me what the death spiral finance is..." 20 Aug 2020 10:50
Today that "Newbie" is claiming to now be a financial investment expert on rising funds:
"The only way to raise these sort of sums is with a convertible loan note..." 13.25
Sounds just like Pericles2 who was posting the same claims before being banned on, you guessed it, 20 Aug 2020.