Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
Constant moaning? I have posted 18 times in the last 3 months.
These 2 coins don't realise that their insessnt nonsense posting actually looks bad if someone new were to come to the board. It drowns out some other posters who might actually have something interesting to post instead of this board just being full of ramping rubbish.
Celebrating every single trade that looks likema buy and claiming it's the MM'S dropping the price whenever the SP drifts. Every time UOG has a blue day I see a lot of green ticks.
Repeating posts
Insulting anyone who dares question their flawed logic
Ignoring all the alarm bells with UOG and pretending everything is going to plan and on track.
Referencing Zak Mir. Like they have been for around 2 years. He has been wrong the entire time. Might as well reference mystic meg and recommend her lottery number picks.
Etc....
Nothing is coming in the results RNS but the results. Which won't make great reading. Let's not kid ourselves that we will have anything happen before the results RNS lands.
What does it matter what they show as?
Go on then. Tell us how you know funding is sorted.
From loads post
"looks like funding in the bag if not already payed for upfront from what i'm hearing"
My bull poo detector has just gone crazy.
Which works when the stakes you are investing are low. I'll happily put a tenner on a 2/1 shot. I wouldn't be putting £500 on it though. Someone has got to make a decision to risk £30m plus on those odds. I can't see the majors doing that as I'd imagine they are a lot more risk adverse. From the poster on here who says he has worked in the industry, neither would a smaller company.
The thing about the re-investment in Egypt is that it's not optional. It's not like UOG are choosing whether to drill more wells. They HAVE to drill more and do constant workovers to keep up with the fast decline in production. So the outlay for drilling wells is always going to be there and if the last 3 years has proven anything, it's that the production rate is falling overall.
It was around 1700bopd when they started buying the asset from rockhopper and it's now at 1011bopd.
UOG only made a profit last year because of selling assets. Jamaica isn't going to be bringing in any money for a year or 2 even if it got off the ground. So I can't see how UOG are going to make any profit come the next audited accounts. So I can genuinely see a placing or some sort of re-financing to keep the lights on within 12 months. That's unless Maria did go through (Unlikely in my view) or they managed to find a whale of a well in Egypt.
Just filter TDF ninetails. It's an idiot. I'll include this absolute classic from TDF in the days before i put it on filter
"Its clear Blame Thrower is non too bright. If he had sold at a 50% loss and then made a 100% profit then he would have made money. Mind you as i said, non too bright. He is clearly a very bad investor and is not capable of understanding Risk Reward, which is highly in favour of UOG at the moment."
Back to UOG. Are people still saying UOG is undervalued as I really don't see how it is? The Maria sale looks like it might not go through (IMO). Another extension in the form of Jamacia offers. Isn't that about 5 years they have been trying to sell/get a farm out? Surely any value applied to Jamacia or Maria should be very low as they clearly are not an easy sell based on how long they have been hanging around.
As me and jono have pointed out numerous times, Egypt can't pay for itself. Without selling off other assets, as you can see today in the cash balance, things aren't looking good. How long until they run out of cash?
The above is just my take on it. Others have their own but be very wary of anyone who makes bold statement and speaks in supposed facts but chooses to ignore all the information. Information like the decline in Egypt and the delicate cash position.
The thing is DMcG. Zak Mir is terrible. He just gets things wrong over and over. I wouldn't be using him as any sort of yard stick
You might want to take a look at his prediction history. It's terrible. He gets paid to write positive articles by companies so I wouldn't trust him as far as I could throw him. He tipped CTEA for big things 2 years ago. That's probably going to delist this year or next.
To use UOG as an example. Back in 2021 when UOG was trading between 3.5p and 4.5p he was tipping a possible move to 5.5p. On the same video he makes positive comments on VLRM at around 40p and possibly moving to 50p. Price now for that is now around 5p
https://www.share-talk.com/traders-cafe-with-zak-mir-bulletin-board-heroes-19th-july-2021-via-vox-markets/
And in March last year for UOG
"Hopefully, on this occasion or over the next week we will see the shares climb back to 2.9 p, if they could do that, then we could be up towards 3.6 p"
https://twitter.com/FlowCommsTweets/status/1508692682100641793
This is exactly where I stand as well Basher. When figures aren't included it's usually done for a reason but hopefully I'm wrong in this instance.
Ray is right. Its a pump and dump. Anyone who thinks brokerman dan does anything else is part of his crew or a fool. Its a pump and dump as the price was driven up hard and now its fallen back with no news. I'd imagine this will be back sub .2 before end of play Friday.
I am a holder of CORO but won't pretend whats going on is anything other than what it is.
Ha. Is TDF displaying nursery level standard of maths again?
I agree Coxon. A 30% daily rise when there has been no news stinks of a P&D
If its brokerman Dan then we can probsbly safely say its a pump.
How does new look imminent? Because its risen a bit the past few days? Like its done countless times before with no outcome?
Guy knows best, biglad.
I'm not sure why you're bothering Jono. If you're not going to filter that idiot then just reply pointing out why their claims are complete nonsense and leave it there. I do understand you not filtering them as you don't want their blatant lies to go unchallenged but it seems most other posters now correct TDF on the constant stream of misinformation. Otherwise it's like arguing with a brick wall.
Oily. You're wasting your time speaking to that person. They make no sense and have no idea how numbers work. TDF posted this last month.
"Its clear Blame Thrower is non too bright. If he had sold at a 50% loss and then made a 100% profit then he would have made money. Mind you as i said, non too bright. He is clearly a very bad investor and is not capable of understanding Risk Reward, which is highly in favour of UOG at the moment."
Now all I see if green ticks when TDF posts and it's a much better board for it.
Are CORO listed in the US? That's the only way buying would increase when their markets open.