Member Info for Bridgedogg1

What a surprise

They haven’t got the accounting together to make anything other than broad generalisations about positive jan/feb performance. Contract announcements would be nice

Perhaps yesterday’s rise took the shine off the rise today with those that can move quickly already being in. I caught atleast one institutional buyer and the high level of automated sales and buys continue. Should see a fair number of 10% rises over the coming weeks as brokers readjust. I wonder if the acquisitions will slow down now and allow some consolidation and synergies. Certainly with the sp at this level it doesn’t make sense to continue to pay in shares.

Key will be the announcement of big clients and Q1 results.

I dont see this plunging if there is an issue in the results, it will depend. The share price has already reacted as if there was a major issue. The CEO has already confirmed there is no major issue so the recovery potential here is massive. I'm all in. Tomorrows prelims will return confidence and the Q1 results will push this up and up

Might be worth buying at 0.2p

Whats the £5m cap on the royalty?

Low price? Look at the MCAP! Producing 77 barrels of oil per day. All ukog investors are crazy.

Even though many of the brokers have upped this to a buy there don’t be much large institutional buying until the results are released, it’s just the way they work. Expecting plenty of buys in the £100k’s tomorrow.

Once we shake off 340 should see a finish around 360 today. Needs the results to push through that level, then its plain sailing to around 440. Where it stops will depend on the results.
Revenue recognition/other issue: 440-480
No issues, just delayed: 480-520
No issues just delayed and a good Q1 update (ESL): 560+

With the comments from SMS since end March there is no way there is any major issue.

I think 560+ over the next 4 weeks or so is the most likely outcome

Yes, because naval standoffs are always good for offshore oil investment?

Looks like an off exchange buy - buyer and seller agreed a price above the ask. Otherwise it would have pushed the price up a lot more IMO

Nice little technical trade but no meat on the Mode bones as yet

Guys, the company is losing money and has £300m of debt. No one is going to buy it. No one is going to rescue it with financing. It will be given to the bond holders in exchange of the debt. Its worthless.

30%+ rise pretty much pegged on for tomorrow. Lovely jubbly

Permian must be scrambling to buy up as many as they can at these levels without pushing the price up too much. Could be another TR1 tomorrow as well

I hope so haggis. The ESL contract seems to have slipped by unnoticed due to the delayed results, should be in the prelims 'post period' and Q1? Wouldnt mind if it followed a few weeks later to provide another shot in the arm of the share price. I expect £5 fairly quickly, Q1 could push it above that.

Wow - negative posts being deleted all over the place, shows how desperate the rampers on here are

I see this going the same way of so many before it. Constant issues, debt building, promises of future turnaround on massive ramp up in production that never materializes.

£3m buy certainly suggests someone has faith/knowledge of whats going on

......aaaaaand dump