Member Info for bumblebee1

correct....it smacks of desperation ,I wonder how much cash they are burning threw while we wait for progress.

don't you mean the bears are struggling, not sure about that either

LOL nothing bullish about this share currently, its just floundering around at the issue price, cant see anything doing here for weeks

ujo already had the funding for wn ,ie 2.5 mil...so it makes you wonder if in anticipation of a humber default is maybe why they raised the 5 mil to cover this plus any other reason further down the road, sorry but really this post belongs on the ujo board

one thing which in comparing this co to others in the same game such as,well,lets just say other minnow oil companys in the UK doing onshore oil exploration with little if any actual production, why is it that the speculation with them achieved at its height 18p and 10 p respectively,while it is true they are far from this now but why has it not happened with this company coz its always remained fractions of a penny as the sp..I might be being ridiculus but in my comparison one would have imagined that due to the size of the find It would have been possible to have achieved 20p plus by comparison

anything but good ! your reasons for the placing are correct and understood but its not good is it? not when another over 3 billion shares are issued to achieve it ...to many shares in issue will eventualy lead to a consolidation, you see the best thing that could happen is for a takeover to happen from a major who have the means to finance a find of this magnitude.

I really do hope your right,let us pray it comes good because I am not selling anymore ,at this level its not worth what you get back so..its make or break.. but still hold 200000..not much in the scheme of things I know.

there is something worrying alright when a share drops this much in value upon allegedly good news, its unbelievable , we all though including myself we were on a cert with this...now its all gone tits up. have seen it before,just look at angs. something about small aim oil companys , they seem to have all going for them and then suddenly everything goes arse over tit.
delays,money ,waiting for permissions etc etc .cant see how they can raise money at this level,the shares are almost worthless.. probably will baught out cheap by a bigger company purely for the potential. its the only thing going for it,the potential. something very wrong with this co somewhere that we don't know about..its hard to believe whats happened here. makes you wonder just how low can this go. sold more than half of mine, its quite depressing really lets just hope something good comes of it all, coz that's all we have left is hope. yes ,I to believe we have been taken for a massive ride.

more fool you matey your in for a lifetimes wait

Anyone investing here is either barking up the wrong tree or,simply barking mad,its dead!
Turn your eyes north gents to the humberside/east yorkshire area to see where the action is going to be because up there is OIL and not water where you are currently invested. If you have half a brain and consider yourself a investor get in now before the action starts,not overnight maybe but the future of UK oil lies beneath.

i couldnt agree more with you,its only a matter of time and its not a question of if but when...50p plus i would say and quite possibly before 2021

I do really believe what you say is totally WRONG and most other would agree.

Do hope your right, we would be better off without ,both are a liability. But, the scots would not vote for independence most know what side their bread is buttered on, they would have to beg the EU to take them on. they cannot sustain themselves..

your righ but as of now there really isn't a backstop

dead wrong old pal

tymers+oiler87 Why don't you wait until its .0000000001 per share, then you would be wanting them given next...I hope you wait until then . long wait my friends,i mean you don't want anyone else buying for less than you do you?. that would never do would it.. people like you two are 2 a penny on most boards.

you are talking absolute *******s, plus the fact that if you are in ukog it proves what a ****e investor you really must be..Bet your in angus too

will be the EU going down the pan, and why should Toyota halt production ??? show us where u seen that one. remainer

You may be right but looking ahead I would say its mainly positive with totally ,it could be a game change and I expect in the coming months the sp will be a lot higher...only my opinion of course

correct re the purchase of HBOS which nearly took Lloyds with it, Lloyds was pressed by the government to take HBOS on because they were bust. should never have happened, they should have let HBOS sink , should never have agreed to it. your right no one was held to account.