Member Info for Crocqman

As a LTH, I am happy with the progress being made here, although disappointed at the slow nature and lack of communication of late. This news does partly explain the reasons for the lack of communication and activity though and hopefully things will now push on for the rest of this year and beyond. Have always seen late 2019 and 2020 for the timescale for the SP to push higher, and still optimistic this will be the case, although it will be interesting to see the market reaction today and in the short term.

As with any RNS for ukog, I will await the usual suspects on this board picking every sentence apart for the rest of today (and the next few days/weeks), quoting a carefully selected line or two and taking it out of context, or claiming it is poorly written, or twisting what is said to meet their own particular (pro or anti ukog) agendas.
I see it has already started.
The rampers will use it to 'prove' that the naysayers have been shown to be wrong again, and the derampers will talk about dilution, delays and whatever else.

Onwards. Some good posters here. Expecting an active and a lively board today and hopefully some good trading volume and a blue day too.
Dare I say tick follows tock?
GLA

Penguins,
You continue to nit-pick absolutely everything that is posted on this board, issued by the company, or submitted to planning, etc.
It really is tiresome you doing this day in and day out. And please don't say you are providing balance and correcting misleading posts from other people, as much of what you write is so petty and unimportant in the grand scheme of things.

From your last post:
"One small point is they will never 'split profits' with Tellurian. What they will do is cash call for expenditure and probably give Tellurian their share of cash from their share of oil sales - although Tellurian almost certainly have the right to sell 'their' share of oil."

So you are telling everyone here that they will NEVER split profits, but according to you they will PROBABLY give a share of cash from sales and that Tellurian ALMOST CERTAINLY have the right to sell their share of oil.
In other words, you do not actually know what will happen, just like everyone else, and are nit-picking just for the sake of it?

Good luck all genuine holders here

YL,
As you say, 'everything' is in the public domain, including multiple posts from you and other posters on here clearly accusing the board of fraudulent activity.
I wonder if posts from folk on here will be taken into consideration with the class action, or by the bod.

Good post, Sobek.
Steady progress here (albeit slower than hoped for), but continued good news and ukog clearly delivering results.
Rig soon and hopefully the SP can push on up.
Still see end of Q3 before a potential re-rate (1.50 to 1.75?)
gla

That's confidence, Ot67, putting your house on UJO!
Good luck

FootieladBaz,
I posted something on one of the boards here about 2 to 3 weeks ago on this as it crops up everywhere.
There is currently no requirement to inform the market whether a trade is a buy or sell at the point of execution, only a set of basics such as the amount of shares, price, trade amount, exact date and time plus a few other incidentals and notification must be made within a maximum of 15 minutes of trading (hence many sites reporting delayed trade prices)
It is a European directive under MiFID II.
FULL trade details only need to be reported to the relevant exchange (London Stock Exchange in this case, to avoid confusion with this LSE site) on T+1, so all sites like this can only report trade direction on a best efforts basis. The London Stock Exchange requires all firms, exchanges, platforms to report trades in a set format, hence only they will receive the full details on this delayed basis.

There are millions of trades executed daily on multiple platforms and exchanges, so it would be nigh on impossible to report everything at the point of execution, so firms will only report what is required.
Firms use many different trading platforms and they do not 'talk' to each other so collating all the information accurately to notify the market in such a short space of time would be very difficult to do unless everyone only traded on one trading platform and with one MM (and then there would not be any market).
Everyone seems to think reporting accurate information is simple, but it really is not when you look at all the different factors involved, although it is strange that the Buy/Sell indicator is not one of the required fields (maybe this is on purpose to help make the market).

Was hoping to see movement back up to a 1.70 to 1.80 range with an on-time work schedule in Q3, but looks more likely to be Q4 to see this higher range now (imo).
Rig arrival may push this up to a 1.20 to 1.30 range in the short term.
Having sat on my position for some time, added some more today, sub-1p.
gla

Yes, 2 good days here.
Glad I didn't panic when all the experts were telling everyone to cash out at 1.20 as sub-1p was coming.
Still sat on a loss (like many), but comfortable with my holding and seeing more positives here than a week ago.
gla

Fault or not, no site will be able to accurately report if a trade is a buy or a sell as this information is not disclosed to the market upon execution

Under MiFID II, it is not a requirement to disclose the direction of the trade to the market, only the price, number of shares and date/time (plus a few incidentals).
From memory, this needs to be done within a v. short timeframe (seconds) to the exchange and published within 15 minutes (hence many sites only showing delayed trades only)
Full trade details (including whether it is a buy or sell) only need to be reported to the regulator within T+1.
As there is no obligation to relaease this detail (buy/sell) to the market at the time of execution, firms will not disclose this, hence sites such as this showing on a best efforts basis.
Put simply, LSE do not report the direction as they will not know from what has been published.

All I know is that I am going away for 15 days tomorrow and looking forward to taking a break from these boards.
Still holding with a £2k loss and will look in from time to time for a quick read only.
Good luck

Hold on.
So you're saying that investors participated in a placing (at over 4p) knowing that they were all then going to immediately short the stock down to these levels because they were already in the know about highly market sensitive information about Brockham?
Sorry, but I really don't see that as a plausible sequence of events.
A lot of conjecture going on here since the bad news (on both sides) imo and the truth is usually somewhere inbetween.
We are where we are and what's gone is in the past (but should not be forgotten). This stock needs to be reviewed on current known info and folk need to make their investment decisions accordingly (re: mgmt, assets, funding, etc).
gla

Hmmm.
New poster.
10 posts this morning on 10 different boards all promoting another stock.

Managed to add 750k shares today with some new funds at 0.269.
Had hoped at the start of the week to be adding closer to .22 to keep my average under .20, but happy with a smaller than hoped for addition at this time.
Will only add more now if there are any dips, but more than happy to see the continued rise.
gls

Ignore
New poster today. Went schizo on another board then the same copy and past poste on circa 25 other boards already.
Reported

New poster today.
45 posts in 2.5 hours.
Went schizo on another board then the same copy and past poste on circa 25 other boards.
Reported

Thanks again.
Will wait for the RNS in the morning then if they said one would be released with a transcript, and maybe listen back to the call after that as often useful to hear for yourself what these guys say.
Will be interesting to see how the market responds.

Was just thinking we seem to be stuck in a range (like so often in the past) and need a positive bit of news as a catalyst to get this moving upwards, maybe the rig arrival could be that boost.
Need some good news to encourage sentiment, volume and buyers as nothing seems to be shaking us out of this 1p coma.

Thanks all for the updates during the call. Was not able to dial in.
Is it worth listening to later when available?
As a summary, any surprises, or just a PR exercise as many thought?

Could do with something to take this out of the current trading range.
Even a short term boost up to the 1.20 to 1.30 range would be good progress before the expected works commence.
gla