Member Info for Bebeto

Someone's buying in expect more TR-1'S

There's no flags on the trades to suggest anything other than rinse & repeat trades from pi's.

Decent price now.!

If they did placing at 3p for 800bopd and now we're producing 3.75 X 800 = 3000 BOPD at -25% discounted oil price, that equates to a shareprice of 8.43p

He did well .. hats off

I've stated many times, I'm accumulating upto 9.5p. I'm not concerned about the daily fluctuations as I skim off profits from other shares to buy in here. You're under water now but your situation is a lot better than it was and I know it will all come good. The covid-19 really messed the sector and business plan up for 2020 but it's just a delay to the master plan.

Any asset that generates revenues to a company not generating revenues is transformational. Bleating about a company relist from a RTO start again giving the above revenue generating asset at -25% is absolutely absurd because just a few months ago the shareprice was nearly 200% lower than today's.! Clearly overexposed and did nothing to rectify when the opportunity was there and whatever your average is I can guarantee in the future I'll be still buying at nearly double yours is today.!

Well it will all come out in the wash but Havieron is looking fantastic right now, there's so much more to come from GGP's Paterson projects too.!

Also, UOG decided to relist on the AIM market because it's far cheaper and less red tape, than the main market, being a company not generating any revenues it's actual worth was just it's assets worth. Now the company has already been transformed, to generating revenues & making a profit, it's not rocket science the market believed the share to be overpriced beforehand, so when the financials are released in September. The shareprice should reflect this.

You do know they don't get to set the prices.!
Just like you do know this share is massively undervalued, especially from when they relisted, therefore your gripes are really for the market itself.

This coming week and should last for at least a month, all full of positive News.

Hold onto your hats.!

albatross1, thanks and what a great article to read.
My portfolio of 3 AIM listed shares has increased in value more than ten fold this year. So now I'm playing this game mortgage free and entirely on generated profits. The other two shares, I'll just let their stories play out as it's this share (UOG) that I feel has the potential to eclipse both of their meteoric rises. The Egypt acquisition was basically RTO start again share and from then on the company is reflecting the strength of the management team. We have 3 sector specific money-men on the BoD, so it's no wonder the financial package from BP was so good. RKH won't be selling out anytime soon, as they too, are seeing how it's done. As the company grows I don't see us being listed on AIM forever. The 20p+ forecast is definitely a given but I'm holding this one for another zero :)

I've looked at the trades and as far as I'm concerned no conspiracy theories it's just placing, warrants & private investors selling. Some of my buys here are 100% up and considering on AIM there's a massive 5% to 10% brigade which creates it's own resistance and liquidity for the market makers to capitalise on. As this company grows, generating revenues and attracting Institutional Investors the selling will have less & less impact on the shareprice. Looking forward to seeing the upcoming financial's as not only our UOG now generating revenues they are generating profits and growing as a company. Ideal time to invest and reap massive rewards which is far less stressful than trying to make a quick 5% and losing several times more than Investing does.

I never use stop loss on AIM listed shares, seen a flash 90% drop before that caught a lot of people out. There's a lot of the 5% to 10% brigade here so MM's can get hold of their shares pretty easily.

Lol I just mentioned my opinion of who is possibly in the Data room, the ones I mentioned are in close proximity but none of us can say for certain as being in a Data room means strict confidentiality on both sides. What we know is that the companies involved is that they had same feedback and UOG are going to try and address the questions these major's were asking and engage with them to try and find a farm in partner(s). The information UOG has on the Jamaican license has cost 75% more than their MCAP is worth.
I am investing in this company for the long haul and I genuinely believe the BOD will deliver a Mid-Cap Company, just like Tullow (was).

Levi, listen again from 2.44 :

https://youtu.be/XKH6jeTEodY

Interesting.!

All foreign companies list on LSE/AIM for exactly the same reason and all companies list for the same reason too.

It's just a matter of time before Newcrest and or Rio Tinto makes a play for GGP, I don't see any other outcome IMO.

My money's on Exxon Mobil, Chevron, Total and of course BP.