Member Info for Bradleybear

Ouch?

Can you ask Paul to do an operational update Via vox and other networks. We have had a few updates now and an AGM with an excellent addition to the board. I believe before we move forward more needs to be discussed and Paul drops gems when he has interviews

How can a company producing 800bopd at above 3p shareprice got all the way down to 1.5p then back up to around 3p but wont go any further! Even though it is now producing over 3000bopde! That's 100bopde per .1! It's a cash producing business and profits are being made. If it takes the financials to prove people wrong then so be it you have 12 weeks to be proved wrong imo.

Been in PRD the same amount of time as chancers and although we have had set back I can honestly say that each year the assets have got better and better. PG has also with assets gave the option of multiple avenues in which the assets can be carried out! I would hate to build the web but it would show we now have many many rolls of the dice! Even more so now because of LNG

Keep the churning going and break through 4p once we get past that we will fly

Excellent presentation looks like we are making good money, no more raises and best of all! Jamaica!!!!!

Large spread again are they dropping the price to hoover up shares?

When the drill start it can take around 20days to finish it's a quick process

Sounds good to me

Looks set to blow imo and will climb massivly on results

Pressure is building in prd and once an RNS comes out this will pop and go to higher highs. Many catalysts can do this. The commencement of drilling in morroco, trinidad flow rates and ireland. Next few months are going to be insane

I agree this cant really go much lower in all fairness it dropped yesterday because of oil price which is slowly building

Looks set to pop

GK Don't get why it needs to be as high as $60.0 if it's only $6.5 cost.

The reason I said do some research is because it doesnt just cost $6.5 a barrel. You've got other costs on top and taxes. That's why i said do some research

You need to do your own research into how much tax is paid ecf for oil in egypt

Also for those who didnt listen to the interview if oil prices go back to reasonable level then drilling campaign continues. Wont take long for oil to rise at this rate now that opec has established cuts will continue for another month. Soon as everything is back up and running expect the demand to increace and supply decrease and price rocket up!

Low volume so far today which can only mean the sellers are nearly all out. That's good we can at least have a realistic discussion about uog. For no confusion going forward 619m shares. So that's £6.19m for every 1p rise. If Brian is on about paying for an asset at years end with cash then egypt is making decent money my bet is after capex is around $7m+ if anyone wants to see why got to my Twitter.

Tbh far as am concerned hippo if someone say we do not need to raise cash and we will use cash to pay for an asset they arent having a raise. I have UOG making $4m profit before they claim OPEC rebate at $30 a barrel and around $5m profit at $40 a barrel

I agree with you badger but also at the same time it after all that is calculated. UOG are making revenue of $10m+ a year and profit at that. The current valuation after all you've discussed is still north of current SP. I will agree it shouldn't be 1000% or something daft but anything under 3p is a silly value for a company making 2500bopd imo

I still feel Paul with get this all up and running and sell the lot for a handsome profit hopefully within the next 2-3 years. Ireland is the only tricky one now but hopefully will be forced into using local gas to cut c02