The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
And no Q&A's either.
SS, the dreaded CEO of UKOG will refuse to give the "owners" of the company that "he works for" an update, because he knows it'll be used against him when legal proceedings kick off.
AH, I see where Ocelot is getting confused. He thinks the higher the volume of shares in issue the better. Bit like football, 5-0 is better than 1-0. Oops Ocelot...
p.s. Ocelot what are you going to do when the company folds and you need to find another job????
The usual PUMP team are on point trying to flog a dead dog of a company to newbie idiots that may be daft enough to buy the carp on this BB.
UKOG is a dead dog, cash is nearly all gone, operational overheads are huge and revenues are well below costs.
Company does not have the cash to invest in any new exploration and have been playing their last 2 cards; hydrogen (yawn) and Loxley (bigger yawn).
Don't be con'd by a CEO who is playing poker with a 7 + 2
Only an absolute muppet would believe that UKOG could raise £1+ BILLION to do anything with the salt cavern. LMAO. There is no government EVER going to back that. The big players are not bothered with hydrogen as yet, and by the time that they are UKOG will be history. I can see someone buying the company assets for £1 as there will be huge costs to plug and abandon the BB site and HH site. Yes you read it right, HH will be P&A as the operational overheads far outweigh the production revenues, you will not find any junior oiler wanting to throw money away. So let's call it a round £2million to deal with the BB and HH sites. They may get a few hundred K for the equipment to offset the costs. But when the company folds, will anyone really be interested in buying the assets for £1? The salt cavern is worthless for anything other than pumping a placing, which SS loves to line his pocket.
Probably Ocelot (paid ramper) and BubblePOINTLESS (zero shares, XR nutter in disguise).
Either way, I don't have to read their drivel, I can focus on fundamental analysis of the company and leave the pair aforementioned to waste their time posting to an empty room (that's where they belong).
Focus on fundamentals, not mental posters. BP is one, I am so glad I filtered his nonsense, I just see green boxes now and I don't have to read posts with lots of pointless capital letters and mickey taking! He's a guttersnipe.
You have to remember, SS thinks that his personal bank account is the "shareholder", in which case he's done a brilliant job. You will find it hard to find another CEO of an AIM company who has milked a company dry on the back of a bunch of lies!
Was to announce this via RNS, it's not going to result in a positive outcome, he's just trying desperately to create an opportunity for the ramp squad to get some volume up to help the death spiral partners get some more cash for SS to pay himself.
Only an absolute tool would believe that this RNS will result in anything. Prospective partners are not gonna get the wool pulled over their eyes by SS. They can pick this up for zero when UKOG folds, not that anyone would actually want Loxley, it's a mickey mouse scam job that SS pumped to line his own pockets. FACT
Hand bags time for Bubblepoint. He needs capital letters to make him feel BIG, maybe an issue in the downstairs department, or maybe just a few biscuits short of a full barrel. (see it's easy to insult). LOL.
You didn't answer the short CFD bet question sunshine. So what's the answer...
Bubblepoint, you make many many valid points. However you have put a very negative slant on the director share purchase RNS. It's a positive that a RH has bought some more, even in small volumes. It beats the alternate, him selling. Maybe you are right and he is trying to push the SP to help him sell a larger volume. But frankly, you are scaremongering on this one and you should really keep your conspiracy theory to yourself. You're acting like you have a short CFD bet running.