Member Info for Craignews

Are they though, or is it not just the 100 million dilution that will make their holding percentage smaller?

Have you not considered the extra 100 million share dilution will take their percentage holding down?

Couple of nice big buys after hours

Dare I say 20p coming today ??

Doesn’t archived usually mean inactive, and shelved for future reference?

RNS due anytime as almost end of April, the upwards we go -
The appointment of Geodrill is effective immediately and mobilisation is commencing. Premier has sufficient funds to pay the mobilisation charges from existing resources and the full drilling camp is now expected to be completed and operational by the end of April 2021

Will probably do another placing for the sleeping bags and torches

So that's where all the money from the placing went :-)

Cynder, perhaps you should learn maths first!

1.6 million in ban last September, plus 2.2 million raised in October is 3.8 million

Minus 2.5 million for Turkey leaves 1.3 million, enough cash for 5 months from October (till now)

Now add income receipts from September to now, which leaves enough funds to cover next 6 months burn rate

Grand total equals they don't need to do a placing, and you know diddly squat....Simples

Looks like stop losses getting triggered at 15p range, was a sea of blue till it went above 15

I had mine Friday, felt like death all weekend :-(

Take it no one has noticed the 2.5 million buy after 6pm?

Think a few have sold out and jumped into HE1, up 20% today and will keep climbing to the drill

They are buys without a doubt

Anyone else seen the out of hours trades? £400k over two transactions! Someone is clearly as confident as me

Looks like current resistance points are 13p and 14p to sell and buy, only way it will dip below 13p now is on tragedy with the first drill, this is probably the last top up on the cheap stage :-)

I did post on Friday to all those whining about a 10p placing, that while it was sub 11p (Like Friday), to top up as you won't get another chance at that figure. Same today, no point waiting for a substantial dip, it won't happen, only slight ones as all shares do. Same people waiting for a dip, will again be the ones still waiting at 15p and 20p for a dip, why wait, buy while still very low.

Dai, I topped up again on Friday, taking my average to 7.04p, really happy with todays rise

The company reported a gross loss of £1.63m for the 12 months to September 2020, compared with a gross profit for the same period in 2019 of £0.12m.

The operating loss was £14.05m for 2020, compared with a £4.788m loss in 2019.

Revenue from oil production at Horse Hill and Horndean rose to £0.91m, from £0.21m in 2019. But depletion, depreciation and amortisation saw a big rise to £1,37m (2019 £0.225m).

The company wrote down £17.25m of historic investments, mainly at Horse Hill and the exploration licence PEDL143, which UKOG relinquished in 2020.

He said Horse Hill production was forecast to be profitable and by the end of February 2021, it had produced 137,000 barrels of oil from the Kimmeridge and Portland oil pools.

But he said UKOG’s Weald Basin assets, though some of the best in the UK onshore, “simply do not offer the same step-change growth potential we aspire to and, due to the increasing regulatory burden, take far too long to monetise.”

Everyone banging on about how they didn't get offered at 10p, so what! You can buy now sub 11p, yes it's 10% difference, but big deal. In the grand scheme of things, 1p means diddly squat, more so when it hits 50p. Instead of complaining, and waiting for 10p which you will likely never see, load up sub 11p, and enjoy the ride. Otherwise you'll still be on here in 2 weeks complaining that your waiting for sub 15p, then sub 20p to buy in, when you could be in now.