Member Info for Crocqman

andyrp,
Disagree.
The UJO RNS was issued after market close (4:33pm), and the 'tick-up' on UKOG was between 4:02pm and 4:06pm.
LSE shows circa £7k of UJO shares traded after 4pm today, and apart from the reported after hours trades on UKOG (x2), only circa £12k traded here.
Whether there is a move across on Monday remains to be seen.
Good weekend all

Uggy,
Can't the broker handling any placing choose who they wish to make the offer to?
I would have thought they would look to include pro-UJO investors, are you saying they do not care so long as any placing shares are taken up at the best possible price?
Had some spare cash and was going to top-up today, glad I invested elsewhere.
gla

Another £2k added at 1.04, my final top-up (again!)
Average now sub-1.30 and all looking good here imo.
gla

Can't see the original trade history to see if there has been a rebook, but cancels/rebooks can happen for many reasons (too many to list tbh).
Perhaps a large order that has been reversed to amend an incorrect detail as these need to match with the other side in the market in order to settle, otherwise it can be rejected, and there are multiple fields that are needed to be completed for this 'match' to happen (e.g. fill date, fill time, price, commission amount, settlement instructions, broker details, account(s), etc).
I don't feel there is anything sinister behind anything here, an often occurrence when booking out trades (certainly in the case of II orders anyway).
If it is a 'pure' cancellation, this may be due to a duplicate instruction, an account being put on 'hold', so trading has to cease, a large redemption, or contribution to a client account that necessitates a change or cancel of the order size, an FM changing his mind on a limit order and requesting the deal be cancelled, etc
Many possibilities.
Personally, I wouldn't read too much into it, but others may disagree, or have a different view.
gla

Stocktaker01,
Re: 'The two people at the heart of the discussion will not be considered insiders. The real question is where did BMD get the info? Now that's the person should be going to the clink'.
Agree re: whoever may be 'leaking' any info to BMD, but surely, anyone acting on such information that is not public (i.e. trading) would also be guilty of insider trading?
Going by the FCA definition of insider dealing, it seems fairly clear, although most things FCA related never seem to be black/white and are often subject to interpretation!

Not sure there is anything to be read into any drop today as all UK markets are down, as are most of main European and Asian markets were down too.
Yesterday was a very high volume day for UJO and volume so far today is fairly low.
Nothing UJO specific imo, and no real concern for me with positive news to come.
gla

'Pointless Price Predictions' says the poster who predicted a move upwards to 2.5p and beyond literally 15 minutes earlier.

Why would LSE admin intervene, nothing against rules to make a prediction, better than all the abuse and petty feuds mostly seen between certain individuals on here.
Also, the predictions help to highlight the agendas of some on here.

gla

Ninetails,
Agree, I did notice yesterday, however, that UJO issued an RNS to categorically state that they do not frack, never have and have no intention to do so in the future. It was perhaps unnecessary for them to do so, but (imo) was good PR for themselves to make this point clear to the market in light of the moratorium announced on Friday.
It would have been useful for UKOG to have done similar. I know that we all know this to be true, but a public release to reiterate the point would perhaps have been a savvy thing to do.
At the end of the day though, there will always be those that will use the 'F' word to scaremonger and generate ill-feeling amongst locals and campaigners as it seems to be a 'go to' argument to cause disruption and delays to onsite works.
gla

GS1,
Unfortunately, the SP is low while we wait the actual flows from this drilling campaign and we start producing at the levels suggested. We don't know for sure that we will be confirming circa 1000bopd and until these figures are known I do not foresee much SP movement until perhaps mid-late Nov and a true re-rate on actual production with a CPR to follow.
The recent RNS' although not having the desired impact on the SP, all point towards a slow and steady move in the right direction with everything coming together nicely.

Best wishes to Adrian too for a speedy recovery. As with a few others, we have not always seen eye to eye, but that is by the by when it comes to health and wellbeing.

gla

I'll go with my break even price - 1.48
gla

Tymers,
I'm curious. You say you are hardly invested in ukog, but are predicting an 8p price by 31/12 (29/12 actually), based on facts.
Considering the above statements from your recent posts, why are you not more heavily invested given you expect a circa 7 bag in less than 2 months?
Genuinely interested.
gla

Re: price prediction poll.
Looks like the winner will be within this range based on the relatively flat SP today:

Handy111: 1.18p
Herbieridesaya: 1.15p
Leolazarus: 1.12p
Heid: 1.10p
Midway: 1.09p
Strudel: 1.08p
Fc1865: 1.075p
Dsfat: 1.07p
Poole-gems: 1.01p

I did post the other day that it wouldn't look that great if someone who long ago jumped ship (Heid) won, but was informed that predictions don't matter. Still, you can guarantee that we wouldn't hear the end of it, there will be tweets and tunes galore. Not long to go.

To be fair, due to the delays with the rig, planning and commencement of the drilling, a big movement was unlikely in the short period of time until today. An end of year prediction would be more interesting with plenty of news expected over the coming weeks and (imo) the intended point of the prediction originally was to include potential flows from one or more additional wells, hence the wildly optimistic estimates of some.
For my own part, the rises on the rig arrival and planning approval did not materialise to the extent I had estimared, so even my conservative prediction (1.40) looks like it will be out by some margin.
gla

Could do with a positive news update this week to give the SP a boost.
Would not look good if the SP prediction was won by someone who jumped ship a while ago and has little to say about ukog any more.
gla

This constant talk of cheerleaders over the past week has been quite amusing, especially when you consider that the biggest cheerleader of the past 12 months (up until Brockham RNS) has since been promoting his class action at every opportunity, while all the others have been lining up to trash the company at every opportunity.
Maybe rightly so based on past activities, but making the same point several times a day, every day seems pointless imo.
How hard is it to understand that some people are only interested now in what happens in the future and are prepared to wait and see (good or bad)?
This board has generally been good natured of late with maybe a half a dozen regular posters mostly agreeing to disagree at times, but now having read the so called discussions over the weekend, it is clear to see that any positive (or even 'wait and see') view is no longer permitted here, they are just routinely shouted down by the negative majority.
There is no debate, no balance, it is just bash the carp out of the board, company, cheap jibes at every opportunity, all under the 'pretence' of warning potential new investors, no doubt.
The only permitted view, it seems is "it has gone wrong in the past, so it will 100% happen n the future" and is thus being represented as 'fact' that every current project WILL fail.
Some folk are clearly desperate for the company to fail with all the current projects just so they can say they were right (as has been seen by several posts over the weekend).
Time for me to take break from this board and reading the 'balanced' views of those who now seem to think they own this board and can dictate the narrative. It's really not worth it at the end of the day.
Mission accomplished, I guess. Congratulations wealdpwr, YL, et al.
Long sigh

CL,
I have been wondering if this CLN is relating to having to put a decommissioning fund in place as a requirement for a potential sale of Brockham in the short term.
Seems plausible with the statement that it (Brockham) will be reviewed as part of the year end accounts. Perhaps a sale is on the cards, with Lidsey too, to get these 'assets' off the books once and for all.

Another disappointing day as an ANGS shareholder.
Still, on the bright side, I am now only £2.1k down instead of £2k (at the time of writing anyway).

The 29 July RNS mentions a £75k 'connection application' cost which Angus will pay.
Is this what you are referring to?
Not sure there has been anything on this since, but the RNS confirms a commitment to this spend.
gla

It may just be his presentation style, or speaking publicly not his forte.
Not everyone makes for a good public speaker. Using a presentation with bullet points to expand on helps to get what you want across and keep on track. Not reading anything into it tbh.
I found it useful and informative. Looking forward to positive news on all 3 projects in the coming weeks/months.
gla

Isn't that just the problem though, RB?
Because it happened somewhere else, popular opinion says it MUST be happening everywhere and we should just ignore any evidence to the contrary.
Most of these 'true' opinions seem to be bandied around to explain a depressed SP without much substance to back it up, because impatient investors expect an SP to go up 10% daily and if it doesn't and there aren't daily RNS' to update us as to why, it must be due to market 'games'.
My last word on the subject. Some interesting comments/responses. Food for thought.

Next week is a new week.
gla

Oakleak,
I am not sure if YA selling shares before they convert (as an example) is really short selling, or if in this type of scenario the shares are usually sold on an extended settlement in order to tie in with the conversion date.
This may result in these conversion shares not being available if the conversion is delayed, or some other issue, hence the need to 'borrow' for settlement? A bit of a grey area perhaps as to if this is really a 'short sell', or perhaps more a settlement issue?
An interesting discussion point.

gkb47,
Agree that if there is any shorting, it has little impact on the SP given the potential levels seen.
gla

Icarus,
Do you have a SP target based on current plans here?
I am giving the bod a chance and see it being 9 months before I am likely to see any meaningful recovery of my losses. My average is under 7p, so perhaps a different viewpoint to you.
I am taking the 4p talk of Saltfleetby with a pinch of salt. It will add value if successful, but I am taking a far more conservative view as to how much value it could add along with the other current projects.
Hope to be proved wrong, but at this stage I am managing my own expectations and only targeting the SP recovering to circa 4p-5p from 2 projects generating cashflow, with anything extra a bonus.