Member Info for Crocqman

Ninetails,
Time for a trip down memory lane, DHC style - It's laptops to the bogs for those worried shorters. Lol
Yes, shorts have supposedly closing for well over a year now despite absolutely no firm evidence to show this is being shorted in the first place. Possible, of course, but probably not to the extent that most think (if at all) and mostly a convenient conspiracy theory for many with an agenda to 'explain' the SP performance (imo).
The replies of some to this will be interesting.
gla

It is frustrating, but my understanding is that under MiFID II, trades only need to be published on execution with the 'basics' such as a stock identifier, price, quantity (plus a few other incidentals such as exact date and time, currency and a unique trade ID). No buy or sell indicator is required at this stage.

There are millions of trades daily across different exchanges, different markets, etc which is why this can only be shown on a best efforts basis so that sites such as this can reflect them and this data needs to be in the public domain within 15 minutes (hence a lot of sites showing delayed data).
This is being done by multiple entities across multiple platforms, none of which will communicate directly with each other.

The full details of the trade including the buyer and seller details only need to be reported to the regulator within a T+1 timeframe. This will be done by these different entities/platforms, but are submitted in a standardised format, so the regulator (FCA) will have a complete record).

Not very interesting, but this is why it is not possible to state for certain which direction a trade is (unless it is your own one).

gla

Great day.
Was hoping to add some more on Friday/Monday when funds available.
May have to reassess here if this rise continues and stick with what I have.
gla

I get your point, scally, but using a bank as an example is not the best analogy.
If you want the safe option, you DO put your money in a bank. Yes, the manager may be incompetent, but you have the protection of the FSCS (subject to limits) to cover you for any potential losses due to the bank's incompetence.
You do not put money in a bank for a potential big return, you do in AIM and you should know the risks involved in doing so.
AIM is high risk, for many reasons, bod actions included, unfortunately.
gla

Good post will.
Can't lose much more and can potentially claw some gains back. My decision and my responsibility, no one else.
Yes, hugely disappointed where we are after so much recent promise, and feel for those with bigger losses than me.
The call tomorrow will make a lot of people's minds up, mine included.
gla

imo, brocal is not a swing trader, but a genuine lth.
He has been here for a long time and has always been largely positive, but has also raised some genuine concerns over certain actions of late, and has stuck up for other posters who have been abused of raising similar concerns, hence the hate from some.
Unfortunately, on these boards, any negativity is always jumped on as folk being swing traders, or having an agenda, most being directed by guys on twitter.
It is possible to be positive about a company but have concerns about certain aspects of how it is being run, communication, etc.
Good luck to all genuine holders as activity looks to be on the up here. Looking good for H2.

RA,
Regardless of what has gone on over the past few weeks (and months), don't forget that you were the one shouting the loudest on here before xmas saying folk were mugs and crazy to be selling at 14p and 12p following the 16p high as the share was supposedly about to rocket (in your opinion).
And you were also calling folk the same as the SP fell all the way down to 4p over the following months with your multiple daily posts.
What YY and others are posting now is exactly the same as what you were posting previously, the difference is that these are folk buying at the current levels and seeing a potential opportunity.
Hard to take the actions and the SP over the past 8 months or so I know, but maybe take some responsibility for your own actions on this board rather than aiming your anger at the current situation towards the wrong people?
I am down a fair bit here too, but waiting to see what comes of the meeting and will not rush into making a decision on my holding (although I would not be looking to add myself at this stage).
gla

Maybe there's no underlying problem, prahsnai.
Perhaps the company is suitably valued at present due to the current KNOWN activities.
The rest is potential and will be worth a lot more , IF unlocked.
Long gone are the days here when hype pushed the share to those previous highs.
The company needs to deliver in order to generate those higher SP's (MCAP) with what has gone on over the past couple of years and the market is not convinced as yet.

A poster on the ANGS board claimed after Brockham that there was no oil in the Kimmeridge and that all the oil UKOG collected was most likely from seepage down the well hole. All 25,000 barrels of it. Lol
Hopefully some news updates here soon.
gla

Sold out a month ago, but just can't keep away.
FOMO
gla

Is there a 3rd presentation coming up?
I can see the announcements for the 2 just gone, but thought there was another one mentioned on here.
thanks

Only when they can confirm it can successfully be re-introduced, so perhaps a year at least (imo).
Although it could be commercial, it may be more costly to connect back up than thought and it could also be declared not commercial and need to be decommissioned.
Any value to the SP will not happen until many current unknowns are answered on this acquisition, and the 4p may also be fanciful.
Little to see short term here that will boost the SP considerably from where it is now imo, but the conference call or an RNS update on Brockham may clarify a few things.
Hoping it is undervalued/oversold, but will see.
gla

kenniGT,
RE: " I do not buy that. One well. Logic tells Portland oil can slip to the bottom trough the well. hence they were able to flow deeper Kimm for short time"

So, over 25,000 bbl just slipped right down that big 'ol hole to be taken from the Kimm?
Maybe someone should tell ukog. It will save a lot of time and expense with all that extra drilling if all the oil is all coming from only the one zone.

kenniGT,
UKOG have produced oil from both the Portland and the Kimmeridge.
From their 11 June 2019 RNS:

UK Oil & Gas PLC (London AIM: UKOG) is pleased to announce that, as at close of business on Friday 7 June, total aggregate Portland and Kimmeridge test oil production from the Horse Hill oil field, in which the Company has a 50.635% majority interest, reached a significant landmark of 50,000 barrels ("bbl") of light, sweet, dry oil. Total aggregate test production now stands at 50,871 bbl.

Horse Hill-1 continues to produce Portland oil at a stable rate of over 220 barrels of oil per day ("bopd") via a modest pressure draw down. The Portland has now delivered an aggregate total of 25,777 bbl to date, exceeding the 25,094 bbl produced from the deeper Kimmeridge. During the test, no formation water has been produced from either the Portland or Kimmeridge reservoirs.

There may not be hard evidence for this, but do you not think they would be talking to at least those that participated in the last placing as well as other large investors to try to restore some confidence?
Any large investors who have been involved will surely be asking questions and the bod will need to try and keep them onside, especially if there is a need to raise funds in the future - if your core investors desert you, there is little hope to raise funds 'conventionally' and there is no 'working asset' currently to go to the bank with.
The conference call will be a public PR exercise, but large investors will not have been left in the dark - do you think the company will be ignoring calls from brokers and these investors these past few days?
They may (can)not be giving out any price sensitive information, but I'm pretty sure they will be talking.

It's funny how these twitter guys all say this is a sh*t site, but then spend all day reading it and quoting from it on their feeds along with abusive comments seeking 'likes' from their fans.
Banned for being abusive, but proclaiming it was for speaking the truth and being reported by a gang of derampers, their total obsession with this site is funny. Anyone who doesn't agree with THEIR opinion is either a swampie, deramper or (usually) worse.
At least they are at home on twitter where their vitriol shows their true character (and shows their LSE bans were correct) and where they can control what can be seen on their feed by their literally dozens of followers.

Hoping it's patience we need rather than patients (sorry, FM).

Maybe I spoke too soon.
Surprising announcement yesterday.
Could result in a big outflow of funds for any loyal clients.
400p looking a decent price now.
Broker updates/targets following the news announcement will be interesting as well as any comments from the company between now and the results.
gla

Yes, I know that, W_J

So, is it today is the day the new shares officially hit the market?
It will be interesting to see where this goes.
On other boards, there would have been much talk of forward selling by a cynical mob, so refreshing to see that there doesn't seem to have been any of that here, although that may be due to the SP holding well at these higher levels since the recent announcements.
gla