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Jimmy....Exactly, this isn't just getting a discovery to produce. This is for 6 wells to pull oil out, and to start using the funds from them to finance other investments creating a large profitable company. People forget, its in his interest to make himself millions of pounds !! There is no way SS would even bother if he hadn't cracked the weld in that area. I also think the 2 tankers today is very choked back and was just a front to buy out other partnerships.
If Planning gets approved as its looking, and rig which is very imminent. I really do think this could hit double figures very quickly. This is the biggest thing UKOG have done and SS is keeping things to me very close to his chest, it will be their first site that will be making a substantial amount of money. I feel that too many people have been burnt on these little AIM shares, hence the reasons that share price hasn't increased in the last 18 months. There has been allot of dilution and little information but this last part of the year will be life changing for UKOG and this is just the start, Arreton, BB and Dunsfold will be the next jigsaw pieces coming in. A good Company isn't built overnight, there are always complications and things that can get in the way sometimes. GLA roll on the 11th
IMO planning meeting is going ahead. 12 days left. They were pulling out at least 3 weeks before it was due, sometimes even 6. We are all sitting ducks until that Rns drops of terillian deal done, rig on site and planning accepted.