Member Info for Bubblepoint

Drill cost £7 million if done by a smart & responsible outfit with a decent drilling program.

Drill cost for this outfit probably 3 X the normal drill time, and 5 X the cost too. Ohhh and then a 1000 excuses as to how the muds have now caused poor flow or no flow lol

I AM SPARTACUS !!! No !! I AM SPARTACUS !!

lol,, Adrian, give Peeeee Boooo my regards in the gang room lol !! Tickkkkkkkk Tockkkkkkkkkkkk

AHHHH good morning ADRIAN !!!

TICKKKK Tockkkkkkkkkkkkkkkkkkkkkkkk

Haaaa haaaa peeeeeeee boooooo !! the one that ONLY posts to shlaaaag others off, and is incapable of posting ANYTHING relevant to these ermmmm wonderful companies lol... Give Adrian my regards in the old gang room lol !!!

Looks like Leni "laughing" Gas punters are seeing the cracks in his crappy US workings, as PPP share price is slowly sheiting a gut !!

Can't see the clown coming to Donkey hill anytime soon either !!

Unbalancedviewer is firmly on my clown filter, totally clueless and now wears slip on's as his mum got tired of him not being able to tie his own after 30 years !!! Spends his life defending the undefendable worst stocks on Aim.... lol

""but with their opinions that the share is undervalued by at least 5x atm""

It is a totally dumb reply from them, they are basically saying they should be at £100 million Market cap, yet they have undermined the value of SLBY for long into the foreseeable, meaning all spare revenue and change from the refinance will be needed to shore up the production at SLBY over the next 18-24 months, plus the debt servicing after 12 months.

The stock is where it is because of both past and present actions, simply they need to only look in the mirror to see who is responsible for that. Now they need to stop talking and if they want to instil some market confidence, then get on with ACTUALLY doing something about that !!!boots on the ground and physical evidence of REAL growth works.

Ocelot,

I don't need to hear their spiel, actions speak far louder, and they would be far better proving their value through getting on with it than pumping out more hopes & dreams.

Ocelot,

It is not what they say, it is more what they don't say OR do, stabilizing the field at that level is below what it was, meaning they are simply managing it due to decline and dewpoint condensates. What you want to hear is how they plan to improve on that by applying the necessary upgrades to counter the decline and increasing induced liquids.

Ocelot,

THE FIRST thing they need to do is get their hands dirty, get what wells they have producing back up to the max flow, and they cannot do that without getting in the velocity strings, booster pump etc, all well and good yappin on about size, but the current production is already in trouble and needs addressing first, otherwise it will just be more of the same if they find any extension to the field, relative to reservoir pressure, dew point etc etc..

WORDS are cheap, well sometimes, in the case of GL they are very costly, but basically they need to show their hand a bit, no good spouting about what you want to be worth, tell & show the world what magic you got up your sleeve and how you plan to carry it out without flooding the world with more confetti. simplzzzzz

Nearly 16 shares for one penny , in other cases one could say this is the stuff that dreams are made of !

Yeah, wonderful, but some time back you would have paid well over a quid for the same 16 shares, it really shows just what an abomination this has really been.

The good news is it is far better the seller dumps out now, we don't need t dragging this all over the place once the real news flow starts. Good riddance to them, though we are ALL a pesky seller at some point lol !!!

The thing is, they can throw out ALL the tweets they want, they are pretty much worthless, along with EVERYTHING this outfit has put it's hands on since day one.

You cannot take tweets to Tesco's and pay for your shopping, just valueless carp from the infamous leader and his cohorts.

OP,

As said, it is more a "line drawn under it all" not necessarily any improvement, hopefully for those holding it "may" come up with something that stimulates it from where they are sitting.

That said, it is highly unlikely to see multiples, as there has been far too much dilution to what should have occurred to this point and that carries into future plans too.

Just a waiting game now, as Angus has just about managed to draw a line under the GL carnage effect.

It is all about what they have planned "outside" of SLBY, I don't apply any value to SLBY anymore, simply because they have undermined any current intrinsic value with debt and Capex/works needed for the foreseeable. But hopefully they can come up with something to stimulate the current stagnant outlook.

They will have their day again !! just a question of when !!

Around 1/5th to 1/4 of what anything offshore costs. it is well within Chariots means to do this, along with all permissions and timelines being far quicker.

Well they have not prepared the wellsite to use for some big BBQ, they ARE on with getting things ready to rock n roll, and for all we know they "could" be setting up on site as we speak, leaving the RNS to the point of actual spud, which is kinda what I would expect.

Smyth,

Good job we are all not as short sighted as you then !!

As for sells, well of course such movement will kick in the 5-10% ers, nowt wrong with that, but as with the last 15 mins, it shows as ALL sells which is nonsense, it is simply that buys are also being done slightly below the mid price and also show as an automatic determined sell. simple to check by testing a quote for a buy/sell and it is there.

Anyway TREND is the friend and we are well and truly out the traps and heading round the first corner !!

"" I think the UKOGs shares will be part of RiverFort's other investments which will be retained (or rather continue to be sold).""

Far more like riverfort have concluded that bog paper is more expensive per sheet than Ukog shares, so now as part of their new look, they will utilize this ASSet in the WC, financially smart way to get rid of them !!