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I see lefky is back, this time with an 11 bagger in UKOG
He bought at the very lowest point, and he sold at the very highest point, wow! (I wonder what his tline said when he was sitting on a 10 bagger?)
You literally couldn't make it up..........
I think the MM's are in danger of backing themselves into a corner here. SP has been pushed down on tiny volumes, accompanied by a number of broker led posters trying to promote fear.
We've seen it before (I've been here since 2.5p) and sooner or later they have to correct their actions. Tiny volumes are the key to their tactics. I shall be adding
At anytime we could get an RNS telling us that Conoco, OSH, Repsol, Armstrong, or one of a number of other oil majors have farmed into our acreage. The process started nearly 8 months ago and is expected to conclude any day.
In the meantime we have multiple oil shows with our current drill at Winx, just 4 miles from one of the largest finds on the north slope.
Today's SP will be a distant memory in a few days.
We are entering a news rich period that could see the SP in double figures by the end of the month.
What's more the news expected is on more than one front so we have extra comfort knowing that we're not just reliant on one project.
Hard to find another stock with as much near term potential as this
Winx success will underpin the companies prospects however the Farm Out is where the biggest rise will occur.
Current SP is a steal for investors when considering the upside of the Farm Out (which could land at any time)
I see a number of broker led posters have popped up to try and spread negativity - unfortunately for them sales are up, margins are up and we have over 4.6 million in the bank. And don’t forget the numerous license agreements being progressed
Can you imagine being married to Marbur?
Luckily i suspect no one is
I believe they received more interest than they had expected and therefore in order to maximize the potential offers they amended their timescales.
If delaying the Farm Out until Q1 of this year gives us a better offer then that's OK with me
The FO process has been going on for a long time and those looking to bid will have experience in making offers, which adds up to an offer being possible at any time.
The drill is exciting but for me the FO is even more exciting
The Farm Out agreement can land at any time. In fact there is no reason why it couldn't land today if the right offer has been received.
I agree the current drill is exciting, but the Farm Out is even more exciting