Member Info for cn100

Chung Lam Law

349,854,461

Premium Full Limited

93,786,896

San Tien

72,000,000

Ahead Eternity Limited

55,000,000

Rockhopper are selling their stake. About 20m today and 20m the other day/ I think about 20m left. It’s what’s caused the drop from 0.10p

Quite possibly. I agree looks like the Farmout is now back underway. One would hope for a proper update soonish. Good luck to the UOG team. Will be great for all concerned parties to get this Farmout completed.

I explained this.

Shire capital are part of the parent company of Tennyson who completed the placing for united oil and gas. They took 228m shares as per the disclosure and are reducing this down via selling their stake to any buyers at 0.10 and above. Won’t be moving until positive news on developments and the volume increases somewhat to above 200m minimum to shift some shares off their books.

No. They are the mm’s or one of them that took part in the placing. They just flip the shares for 0.10 that they were acquired for. They will be supplying any buys that happen at 0.10p and above until cleared.

Shore capital took 234m shares in the placing. They sold 13m yesterday. They have 221m left. Still some way to go. Will sell into any volume of 0.10p and higher.

as a non holder currently but someone waiting for an entry point currently i thought i would recap on the following

norther zone gold project:

mining licence applied for.

further drills will take place in early 2025 to increase on the paat excellent results.

mineralisation report - this is where there is some confuson - will this be rns'd when complete ? or is this part of the report that shareholders wont see ?

current shareprice value for this project is esimated at £30m.

blue rock copper project:

awaiting next steps on this project.

green hydrogen and renewable power project ****stan:

study completed. awaiting apporval from ****stan government.

all this for mcap of currently £3m ish.

any thing i have missed?

Seems to be coming together nicely. More work after Christmas and I suspect more fantastic results will be forthcoming from northern zone.

I think news today.

So around 0.55p with 447m shares in issue.

No one is shorting these. mcap is too small. placing being worked perhaps ? or just profit takers took over interested buyers today.

Took profits at 25.

Sold out. Too risky now.

I understand that in normal trading a market price is set by the market between buyers and sellers.

So how in this scenario of the RTO is the price set? What factors decide what the price will be on relisting?

Jmk

Do you see the relisting price a lot higher than the suspended SharePrice? Since no one can trade that can’t be inside info. The last RTO had the resulting price coming back at 2p.

Well Aidan is getting £100k worth of shares and Jonathan £25k worth of shares at the admission price for salary accrued I believe

When did you receive this email?

Will have to wait and get more details. Last RTO SharePrice was 0.3p or so and was valuing equity at 2p post RTO. Obviously been working on this for a long time so hope they have a good deal to go ahead with for shareholders.

Must be impossible to get a prospectus signed off by 1st December now?

I’ve a feeling this is about to bounce up. No idea why but wouldn’t be suprised to see another positive twist in the saga for what is left and the listing being kept on by one of the shareholders for a RTO.