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Of course it can't tell you that. It will just keep copying and pasting the same stuff as this company goes down the toilet and so does it's attempt at a P&D
Wise words from Jono. I like how EarlofRampers replied on his own thread and not this one in the hope that his pumpy titled thread stays at the top of the list. I'll not be posting anymore today as this is a classic ramper tactic. Keep the board busy so it appears in the hot chat topics to try and get attention. Then always have a crazy rampy thread at the top of the board.
Once again. Multiple posts that could have been done in one post. Ramp city.
I'm aware of the recent RNS. It's the same as it was 10 years ago. Nothing has changed. Even when oil was $110 a barrell they couldn't get a partner onboard.
You said 6p was coming very soon. That was 2 years ago.
There's another 2 posts a minute apart that could have been done in 1 post. Why? This is rhetorical question. I know why. You're just ramping this stock. Like you did 2 years ago. Since then the SP has crashed.
Of course £40m is pocket change for a major but this asset has been around since 2014. Tullow couldn't get a partner to farm in with them and they ended up taking a $38m hit to dispose of the asset. That's how valuable this license is. Someone lost $38m just to walk away. So 10years this supposed super license has sat there and the majors haven't touched it. I wonder why that is.
10 YEARS!! This license is worthless. No one with the cash to develop it wants in. UOG are skint so they can't do it themselves
5 seperate posts in the last hour that could all have gone into a single post.
Welcome back this week Mr Ramperson.
When do we get to talk about you telling us that UOG was going to to 6p easy and we should buy when it was at 3p?
Some has clearly paid for that pile of un-factual rubbish
"Excuse me, but this is not a random rise from a normal share price. This is a correction of the massively overdone drop a few weeks ago. Overdue and well deserved. UOG is very undervalued"
Undervalued? They have no money. A fair wage bill. A license that no one wants to develop with them and they can't do it on their own (see point 1). I've been hearing that UOG is undervalued since the 4p days and now it's finally getting to it's true value. Almost worthless.
"when I call this this morning sp was under 0.35"
And your call at 3p 2 years ago. Do we just forget that one?
EarlofAim
"All those jealous people can't handle the fact Earl of AIM does pick good shares
some rise on the day, some takes days
some takes months
and as for #eee it took 14 months for 12 bagger
GLA"
But if we go back to 24th Nov 2024 it was telling us (post quoted below0 that it would be 6p in no time. I could post more but what's the point. This proves the point that EOA of a bottom feeding pump and dumper and will be gone off this board within another week.
"join the dots, United oil and gas has Extended the Jamaica License, and the Thursday Presentation is about Jamaica Potential.
market missed the Rns and the link.
expect a hard bounce back to 6P soon."
When is that 6p coming Earl. It's been over 2 years now. The SP was 3p when you posted this so that's a 90% fall before you and your P&D brought this very temporary spike today.
Do people get sucked in though or are most of the buys this morning the P&D crew and they are now sat there sweating, waiting for someone else to buy?
I literally just posted the same warning Jono. Earl of aim has been here before. Pumped and then left.
If you have any sense you will not buy on this spike. The price will be back down where it was within a week. Yes, maybe you could make a profit, but you could also get burned and lose lots of money. Just check the recent posters of this boards posting history.
Try telling what to the Jamaican government?
They can't hang onto news and release it all in one go. If there is news that could be seen as price sensitive they are required to release it as soon as they know.
I just don't get it Jono. How many years can someone have a carrot dabnleld in front of them until they realise they will never get to eat it.
And now the ramping Crewe look like they're starting to arrive. By next week this board will be crowded with ridiculous posts claiming 4p+ etc.. and I bet not one of the likes of ginger hippo will say anything like they do to us. They will sit back and watch the BS get posted because it's not questioning UOG or their lord God Brian.
Ameen,
After all has happened to date, do you still believe Brian on these calls?
From that article
"The report revealed that the Waddock Cross producing well, WX-3, was currently shut in and last extracted oil in 2014. Oil production at the site had declined and the volume of water produced was about 10% of oil."
Sounds right up UOG's street.
"getting rid of AS for $3.8M."
That makes it sound like UOG are getting paid $3.8m but that's not the case is it. I see you're not poiting everyone at your tweets every other post now Ginger Hippo. Informing me and Jono that we're idiots and don't understand.
I'm not sure I've really seen any 'derampers' on here. Me and Jono are probably thrown in that bucket but we've not been deramping. We've been telling the truth and highlighting massive risks and abnormalities with this company for years. Now, all the things we warned about are starting to come to fruition. I can't speak for jono but I didn't 'want' anything. I've just been trying to warn people that both Brian and the many 'experts' on this board have been trying to paint a pretty picture of UOG when it's been going downhill for a while.
Brian using different currencies in the same RNS to try and hide the value of his pay increase
Clearly holding back the Jamaica news RNS to coincide with this terrible AS RNS to try and soften the blow
Announcing production figures when it quoted then holding them back when it didn't
And these are just the tip of the iceberg.
Meanwhile the idiot parade have been telling us how great Brian is and how good it is having an accountant running things as he will wort the money out. Now the debt left almost equals cash in bank and that doesn't count salaries and any work that needs doing needing to be funded. This company is going down. Albeit more slowly than I expected but it's going down.
If a large oiler wanted the license they would just have a word in the ear of the jamacian gov, leave a brown envelope somewhere or arrange for some secret offshore shell company/blind trust to benefit from possible future profits. Magically, uog don't get the license renewed.
They're not going to involve UOG. They bring nothing to the deal that a large oiler couldn't sort themselves.
I think you're understating the risk with UOG.
Will they even get a license extension after all of these years of dong nothing with it or will the Jamacia gov choose to let someone else take the license who has the money to move the project forward?
They had £600k left in cash at the end of June and as I understand it (willing to be corrected) they haven't been able to get then money out of egypt.
"The continued effect of macroeconomic challenges on the broader Egyptian economy has resulted in both a devaluation of the Egyptian Pound and restrictions on outgoing US Dollar transfers by the Central Bank of Egypt. This has resulted in businesses in Egypt suffering from reduced and occasionally unpredictable USD liquidity."
So can they even afford to pay off the loan?
There is a lot more risk that you're letting on. This is a 100/1 shot currently. It's one of those horses in the grand national that you maybe put a fiver on for a laugh. So if anyone was going to invest anything beyond what was pocket change to them I'd say they should get their head tested.