Member Info for cperkin

I remember the failed takeover at AST with Tullow the SP went from 1p to 7p on the speculation which killed the takeover due to the massive rise in MC - priceless and bring it on Killer, bring it on, hope your prediction is correct!

TAKEOVER killer says - Whoot!

Takeover now is it Killer? It would get voted down for less than multiples of the current mcap m8. Still if a takeover is on the cards might be a great time to get in before the rush?

Quite right Tarry.

KN-1 remediation, Licence extension, Circular before the farmout (at least 2 weeks) and a spud date Frank.

40 million cash & carry MC of 50 million yep look very hard.

25% of 126 million barrels of oil Equivalent 2C and the next drill is targeting an additional 150 million barrels equivalent giip. Neither of which is priced in.

:) look very very hard folks.

Whales excrete plumes of liquid feces which are flocculent in nature, i.e., consisting of "a loose aggregation of particles, fluffy or woolly in nature"

Have fun Crusty, no dead certs n the stock market but regardless if they sell some or all, they will get a lot more than the current MC of £13 million and post C-1 it will be multiples.

In terms of drilling, I would be surprised if they did more than one other drill after C-1 prior to production of 40 million scuffs and earnings of 10 to 12 million Crusty, and that is enough to fund 3 more drills according to the numbers presented by JB.

lol

http://www.pumpedordumped.com/rampchecker/rampcheck.php

2018-10-16 16:26:48
cperkin

['tr-1']
AEX&

pmsl

Only gives you one count per post Drewky :) so each of those count as only 1 score. You have to do a new post for each one to score individually ;)

Even tr-1 get you up there lol

Must try harder, all you have to do is hit WMOC's key words like,

buy, market cap, undervalued, directors buy etc that should knock me up a couple of points ;)

Must be one of the most undervalued stocks on aim with almost half the market cap in Cash and 25% of 126 million barrels of oil equivalent 2 C resources.

There are companies out their chasing wildcat drills at the moment with a cos of 14 to 25% the resources here are already drilled with 1C and 2C resources.

:)

Drill bit going down, SP going up :)

Not even a hint of the WD40 Tarry :(

What is the current status of Kiliwani?
Equipment is being brought into country at present in order to remediate the well as planned and the Company will update shareholders in due course on the work over. It is in the interest of all parties to increase Kiliwani production as quickly as possible.

https://www.bloomberg.com/news/articles/2018-10-15/shell-equinor-commit-to-tanzania-lng-as-they-await-host-accord

Shell and Equinor (statoil)

https://www.bloomberg.com/news/articles/2018-10-15/shell-equinor-commit-to-tanzania-lng-as-they-await-host-accord

I guess I should add the £21,000 for KN-1 remediation as well, but a small sum

From the AEX FAQ yesterday

What is the current status of Kiliwani?
Equipment is being brought into country at present in order to remediate the well as planned and the Company will update shareholders in due course on the work over. It is in the interest of all parties to increase Kiliwani production as quickly as possible.

All the details were passed to the Zubairs willow, they will be the operator.

Another sale and TR-1 of UKOG shares to go with their recent placing, they must have enough for the full gross costs of the C-1 drill and well on their way to covering the 3D seismic in cash in preparation.

Hi Gav, Full costs Gross = $5 million to drill (dry hole + flow test & completion) + $2 million for 3D seismic Ruvuma. So $7 million US or around £5.32 million sterling all in.

Placing and UKOG shares sold to date must just about cover it, bearing in mind that it will not all be invoiced till after completion.

Seems they don't need the cash for anything else, so news must be pretty soon?