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CAW1
If the bid price is 54p
Ha ha
Then the share price will be around 50p
There will be a 99% + chance that then will be the value of the share
Your average investor will then sell at 50p
They will want the money on their bank account now and not wait the few months till all the paperwork is sorted
The big investors will buy at 50p because they are quite willing to wait a couple of months to get their almost guaranteed 8% payout
Hope this helps
Good luck all

How can it be a massive sell when it was at the highest price all day. Sell price is always lower than buy price.

Never fails to amuse me how a sale of a couple of thousands of pounds of shares can knock a million pounds off the value of a company
We all know this company is worth nothing without the mining licence
But you never know

Is there ever going to be any news on this damn permit?
How is it that this company can spend our money investigating a site and don’t have the rights to mine
It’s like ploughing a field, planting some corn, watering it every day, harvesting it and then finding it’s not your corn
Or am I missing something?

I think there was an announcement a few months ago that the cash burn while we are awaiting permission to carry on testing the resource will be practically zero. Presumably the wages of those in charge at the moment is very low and instead they are taking share options if and when the company produces results. This seems only fair Quite some time ago the company said there would be no foreseeable dilution of shares and although this was probably taken with a pinch of salt I think credit should be given for keeping to this. Although we don’t know if this will give us the desired return on our investment I am satisfied that they have principles in their objectives Of course do your own research and reach your own conclusions

Think Dropzone held 6 million when they were 0.6 p and sold in the twenties As far as I remember But according to my records I bought some at 1.4p Some you win and some you lose

***** was a lady of the night but got censored

Is Septemeber the month after *****gust?

Thanks for the replies All useful Space centre I’ll bring my odd socks around to pair them up next time you’re out Hope you’re all enjoying the sunshine Sadly not good for the sock market

Any news as to when Lionsgold is going to relist would also be appreciated

Think you must be a deramper on the sock market. Everyone I am related to buys them for me. Think there may be a market for selling single socks as I also have a large supply of single socks for some reason. If anyone has a use for a single sock it would be appreciated

Can you tell me how I can get details of the ‘sock market’ as every Father’s Day, birthday and Christmas I get socks and have an excess I would really like to invest. Ha ha

Well 6% If it does this for a week I may break even Enjoy the football everyone

It’s awesome we got this far Will probably be too drunk to take the match in much today But will see it on the tv for the next 50 years if we win just two matches Enjoy the party everyone

Nothing happening here So Come on the three lions

I did apologise but for some reason my post didn’t go through It’s God’s way of reminding me I’m not perfect I blame alcohol on a hot afternoon But my sentiment is the same although the facts trip me up There will be no stopping the sp rise if the flow results are good They say on this board that we have many assert so if one goes down the others may pay off So it is a little lame to moan that UKOG are rising more when they are all in on oil Think I’d etter take a nap Good luck all

Thank you I look on it as God reminding me I’m not perfect

They had 2848 million shares on the 24th may and still have 2848 million shares Or am I wrong I tell my friends I am always right It bugs them that is true but there is always a first time

I may be a bit thick but have they actually sold any shares lately Their percentage owned had dropped due to placements by alba I am wiling to be corrected

Seem a lot of people on here know more about the market than me But Everyone buys shares to make a profit either long term or short term In my humble opinion you don’t hold 2848 million shares to cover a short or hoping the sp goes down It’s an investment And with the flow tests due to start the optimum time to buy in when they did So now the flow tests are started everyone seems sure these shares will be sold to keep the sp low, really, get real If the flow tests produce results as well as expected not even a mass sell of these shares will stop the rise in sp It’s all about profit, grab a few shares and hope the results are good and you make a few pounds and feel good about yourself