Member Info for Bubblepoint

It's the simplest of workover programs, my bet is it will far exceed your estimate, but the reality is it should be well, well under a mill.

They are obviously consuming revenue with Opex, and funding the workover program, so my best guess on what is left, considering higher fortunes of war prices, about 30% of revenue left over, which is as it stands, probably enough to also cover debt payment, but relies on current production levels and high associated prices.

I also expect the new condy storage will carry a phenomenal price tag too, further pressuring remaining balance.

As said before, it is enough for a get out of jail free card, but not much else.

""Away from the stock market spotlight, are Angus's prospects undergoing a major turn for the better?""

"Major" is currently relying on the fortunes of war, and a cheaparis workover to temporarily counter induced liquids, which is better than doing nothing, and has helped recover liquids held up gas production, but it WILL get worse and it WILL get harder and harder and more costly to counter, with results generally getting weaker and weaker.

I couldn't care less what the accounts say, they had that revenue and they had fek all left at suspension, including the excess from the loan, fudge it however they want. it translates to having a little left over through the fortunes of war, but I also suspect this is why it is taking so long to get the cap in hand deal done, their creditors are no fools and they don't care about retail, reality will eventually show it remains almost completely undermined. there is nowt for retail, never has been, never will be, the only way to win on this donkey is to do as they do, and work your stock, or end up sitting on decreasing value bog paper

You can filter all you want, anyone new will at least see the reality and not t the rainbow carp from you lot pmsllllllllll

Get revenge ?for what you kerlown ?

I declared my holding sold at 1.7p FACT, what i hold now is just some worthless beer money punt, what you don't like is that you all slagged me off when i sold and didn't listen to the detailed reasoning and now your desperate to get back to your breakeven PMSLLLL, hey hoooo bitterness won't get you your money back lololllllllllllllllllllllllllll

So ocelot, care to give us all a breakdown of where that £37.1mil went ?plus the remaining funds from m the loan ? PMSLLLLLLLLL

""A petrol pump attendant , doesn't have a clue.""

AHHHH Muggin's the one with selective filtering pmsl. So why are you here ?i am surprised you qualified as a pump attendant, but then you are doing just that here right, you are oce's stock pump attendant !!!

""As usual, you've failed to take account of capital expenditure, Bubblepoint""

WRONG as usual, they used the remaining monies from that generous loan to fund their capex during that period, READ the RNS from that time pmslllllllll

Personally would much rather read Al slop than your regurgitations daily skelly !!!

not bought any yet ? still frustrated you didn't load up in single figures ?get over yourself !!!

As said dinky:

They were achieving over £6 million per quarter in the 24 months prior to technically defaulting on their generous creditors, through higher production at lower prices, AND it still was insufficient to make even the FIRST instalment, including the royalties etc they paid nowt from £37.1million over that 24 months, including using all the remaining loan monies, and had nowt at t the time of suspension,

Care to tell us where the retail upside is going to come from ?

They will likely cover the debt payments but there will be nowt left AGAIN, as said many times, totally undermined asset

AJ, or whatever that name is !!!got bored trying to type it in.

wow what a solid contribution, I agree 2-3p, but not before a fat placing and a significant consolidation.

""56 posts in 30 days. Do you get paid for 2 posts a day?""

I would say it says more about you than me, being bothered enough to go checking folks history lolololol must be desperate !!!

""At least one person on here knows what there talking about.""

yeah, maybe do away with putting anyone in the driving seat of this sheite show, just put AI in the chair, at least it would try to do the right thing, and not undermine what is left of this depleted asset

Pmsl, whatever ocelot, that isn’t an interpretation it’s what happened lol

""I know that you have your own interpretation of what happens in the market.""

Say whatever you want ocelot, fact is it did what it did and the result is exactly as said, in the gutter, now if it was all rose covered cottages with your assumed valuable MOU's etc, then why did it sink back into the gutter so quickly, how could they ever justify that insanely high post suspension placing price and then justify the paltry far more realistic 2nd placing not long after, to se it drive this back to rock bottom, where it should always have been ?

you won't and you can't, because it was deliberately played out that way,

Haaa haaaaa you couldn't make it up could you lol. it was ALL part of a clever play, you know it, it stands out a mile, but hey you keep up the pretence, your paid to do that.

The only smart cookies are the ones that could see through that baloney and trade the daylights out of it, do as they do right !!!or do nowt and get mugged, as is what happened.

Ps; how's the oil &gas prices today ?? Looks like timber time to me !!!but we won't make a muggin's type commentary on it, only post when it suits their uptick demand lolololol or just mention my name !!!

""I remember that UKOG quadrupled on the day of its return from suspension""

You are taking the pish dude, it was ALL about that placing and what followed, an initial placing multiples of the suspension sp, and then ohhhh look a little while later another piddly placing at a true representative price, gave them a beautiful defined bottom to close out one of them erm shorty fings lolol and here it is today in the gutter, where it belongs, but you know all that anyway lolololol

Maddog, The past tells a very different story to the rainbow chasers on here, and the future is highly uncertain as a year of being technically in default and suspended, shows just how on a knife edge this is. nuf said lol

Well reality is back in place over there, and few would be stupid enough to get mugged AGAIN so soon, as for here, well their history is almost as bad for different reasons, thus they are struggling to find real leadership, which is why it is still driverless, and that also holds a risk that the only types who are likely willing to take the seat, will have similar traits to the original leadership lolol, you know what I mean lol.

So I post here because I see no change, and likely why they are unable to get a deal done.

Trading or not, psychology is played to plant seeds as early as possible, thus it gets frothy really easily at the time it opens its doors again, resulting in some quick traders making easy money and the rainbow chasers just frothing more froth before the inevitable !!!

You know the score lololololol

Stocks and if you win or lose are down to human psychology far more than anything to with what these outfits do, and that is why folk like YOU are paid to be here, keep that rainbow chasing alive while the background games play out, leaving retail wondering HOW they are 50. 75, 99% down and spend more time having to average down, only to se more wiped off 😂

""Bubblepoint, why don't you post much on UKOG anymore ? .""

That is probably the easiest question to ever have to answer, because I am not over there, being paid for trying to generate froth on one of aim's worst stocks to ever exist, while the city snouts play their erm placing shenanigans out, for want of a better word !!!!

I only posted over there to hopefully save one or two from a prime mugging, and people such as yourself, and that is exactly what happened, MUGGED!!! lolololololol