Member Info for chrishutch

worth remembering.

Also worth remembering that the board have skin in the game - they hold shares.

would be ramping lol

Be a shame when this takes off and we leave some behind..

good question ShatAim and one covered in Riddlers article.

Your welcome Riddlers - Very good article and sums up what we are all thinking. Also good to highlight the prospects at Parta. Doesn't get much of a mention on these baords.

Should be a great 6 months ahead and with 2019 shaping up nicely we are all ready.

Sounds like the wait might finally be coming to an end and we can get moving.

Just noticed Reabold Resources Retweeted

https://twitter.com/matt_sherman7/status/1010150917998546944

Now why would they convert... hmmm I wonder.

TIDM: UKOG

RNS Number : 4358S

UK Oil & Gas Investments PLC

25 June 2018

UK Oil & Gas Investments PLC

("UKOG" or the"Company")

Loan Conversion

UK Oil & Gas Investments PLC (London AIM: UKOG), announces that, in relation to the GBP10 million financing announced on 15 November 2017 ("Loan"), it has received a notice of exercise from Cuart Investments PCC Ltd and YA II PN Ltd ("Investors") to convert part of the Loan, with an aggregate par value of GBP500,000, into equity ("Conversion Notice").

The Company has, therefore, today allotted 52,865,299 new ordinary shares to the Investors ("Investor Shares"). The Investor Shares will rank pari passu in all respects with the existing ordinary shares.

Application will be made for these New Ordinary Shares to be admitted to trading on AIM and it is anticipated that trading in such shares will commence on or around 29 June 2018. After today's conversion, the Par Value outstanding on the Loan is GBP2.5 million.

Following Admission, the Company's enlarged issued share capital will comprise 4,637,131,652 ordinary shares. The Company does not hold any shares in treasury. This figure of 4,637,131,652 ordinary shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

and again tick up.

tick up

I have no doubt that the share price will move considerably higher as things unfold here. The frustration for us longer term investors has been the slow progress of the share price so far. It has tied up cash and we have had some dilution. However, the company has made real progress and acquired some truly remarkable assets and investments.

Just look at the potential returns here.

I guess it comes down to this, if you have enough money that you didn't mind having some tied up for the last six months then this investment is a no brainer.. It could very easily double treble more etc. But if your pot is small then the likelihood is that having it tied up has been very frustrating.

I am happy to wait. I think of it like this, if someone had a time machine and showed me the share price in the near future - I would sleep easy every night already knowing that I was going to finish the year considerably higher. There is always risk but I feel the opportunities here far outweigh them. In addition every time I sell a share I look back a week or two later and it has no doubted rocketed.

So I am in and looking forward to a spectacular 6 months of drilling. The company have a big schedule and cash in the bank. I am expecting big things and when the share price is ready to start its journey upwards I will be in to enjoy the action.

'transformational for shareholders' they said

great minds lol

Admission is expected to occur on 21 June 2018, shares hit the market today not tomorrow.

on the upside he does add some fun to the board and I am confident in my investment here. So don't mind a difference of opinion. Others said the same when the price was under .6 and then they became a buyers. I think if anyone looks at the company they will see the ample opportunities here are good. If someone doesn't like one of them there are a few others to consider. Whenever a board uses phrases like 'Success in any one of the drills will be transformational to shareholders.' it gets attention of all sorts.

Share price yesterday 0.675 share price today 0.675 Quote: 'Most traders use a tight 10% stoploss we are seeing those being hit now imho '

Increased my punt a little today - have to wait and see what may come our way. I am hoping for a nice strong recovery upwards now there is little fear and lots of buying. Time will tell Be lucky

Mr P still time to be right - I was thinking we should revisit predictions too - will post compo tomorrow. Those that wanted out are out and PLENTY of cash in the bank Major Shareholders Miton Group Plc 10.12 % J O Hambro Capital 5.88 % City Financial Investment Co Ltd 5.83 % Ruffer 5.00 % Directors 12.27% Nominees etc. Role Investor name Hold size Hold size % Hargreaves Lansdown Nom Ltd 927m 24 Interactive Investor Services Nom 644m 17 HSDL Nom Ltd 399m 10 Barclayshare Nom Ltd 335m 8.6 HSBC Client Hold Nominee (UK) Ltd 145m 3.7 Mr Kiran Caldas Morzaria 4.51m 0.12

I see that, and you can sell above price so no doubt it will tick up at some point

It is so tempting to take a few more while the price is down here. Bumper summer ahead and all that.

• Exploiting market dislocation which offers high quality assets at low valuations • Management has proven execution ability and stimulated industry transactions in invested projects at accretive values • Innovative model focused on generating return to shareholders • Significant institutional support • Material exposure to multiple high impact wells within 12-18 months with potential NPV of $374M https://reabold.com/wp-content/uploads/2017/10/Presentation-Oil-Capital-14-06-18-FINAL-inc-BCL-EDITS.pdf

not sure the insults were called for.. but have a nice day anyway.