Member Info for CynderLad

Remember what happened last time someone paraded a fancy slogan on the side of the bus, ah yes, Brexit. Oh that was a joyous bunch of claptrap....

UKOG really scrapping the barrel, is SS really out of ideas? Maybe their next venture will be oil exploration on Mars.

You forgot about their links in the US of A... Remember that. LMAO.

Mind you the former Chairman scooped up several hundred thousand quid when his Apex Solutions company in the USofA came over and provided UKOG with some consultancy on the development of HH. UKOG never did reveal exactly what was offered by way of services, nor did they justify the huge payments, but they did declare it as a related parties matter. At the time, I took a look at Apex Solutions, they were a one man band that had existed for < 2 years, took the UKOG payment, and then were folded up 12 months later. Talk about embezzlement!!!! There it is for you and the UKOG CEO was privy and approved it all, and yet it's never been explained or justified by him, should be in jail.

If "something huge" = UKOG folding, then you are spot on.

They have no more cards up the sleeve to play, Sando is well known for what he does and why he does it! Anyone that defends him and promotes UKOG are open to being labelled as "paid rampers".

Not long now folks, UKOG have very little cash left in the bank and Sando hates it when it drops below 200k, he'll be trying another pump soon to get a placing away, but his placing mates are probably going to say no to anything more than £400k as the volumes for forward selling are just not there, and I doubt they would want to take risk with anything less than a 30% discount this time around.

SP heading into the 0.02s, then 0.01s soon enough. The only question is whether the company folds before Xmas or not.

And each month is another step towards ANGS being free of the current financial shackles.

I for one will not be selling any existing holdings, and may add more at this level.

I can see 2026 being an absolute stormer, question is what happens in the next 15 months, plenty of risk, for sure, but the upside is huge.

Another week closer to delisting and administration....

Ocelot does not even know basic geography. The CC projects are nowhere near the cheese cavern or farmers field that UKOG have paid over the odds for.

0.02s by end of next week at this rate. Dropping like a stone.

That's of the company dont fold, they will be gone by Easter without a major cash fund.

The big watch out for delisting is the closure of the HH site for "prolonged maintenance", maintenance that will not be undertaken, but the management will shut down the operation to extend UKOG by a month or two and pay Sando.

UKOG will not admit it, but it is 100% clear that they knackered the well below Portland. The fishing trips were a marker, they cannot produce from the Kimmeridge even if they wanted to, besides which, it is not commercial anyway, see BB and planning application at Loxley!!!

Love reading the utter tosh spouted on here. There is no way on this planet that a hard up Labour Gov are going to give a lifestyle company run by a scammer a single penny. ZERO chance. UKOG delisting is coming soon, just wait for the CEO to grab at any opportunity to get a placing away, he will not mind telling porkies to stretch his salary payments out another 3 months. Fact remains, CEO is unemployable anywhere else, so he's stringing this dog along until he can retire, if you can't see that, then you need to stick to managed funds...

$2.5million

Why would there be a placing. SYN had $1million cash as of 30th June and received another £2.5million with the Selan deal in the summer.

Don't buy!!!! Only a muppet would believe the UKOG CEO. Do some research ffs

£11, that is £10 more than the company is actually worth.

They have huge overheads and huge impairment costs that they cannot cover with the limited cash in the bank.

UKOG will appeal it, not because there is any oil or gas there, but simply because they cannot afford to pay to plug and abandon the well and then return the site to it's previous condition. They don't have the £0.5 million as Sando wants to get paid. Instead Sando will let UKOG fold and then it'll be over to the council to pay for the P&A. Yet another example of why UKOG will not win any hearts or minds of councillors.

Surely not, Godley Bridge a write-off. What??? Nah, pull the other one. Oh that gas play right next to Loxley, huh, well who would have thought it to be worthless, especially as it has the same geology as Loxley.

So, is Sando right? Is Loxley really a good future asset? Or is he playing the usual game of PI Boll and ucks to keep the deluded bought in on his ponzi scheme.

Alan, you should sell if you are sat on a profit. Most that hold for longer than a week find themselves spiked. Beware the CEO, he's the worst of types.

If only they issued old school certificates, 1 piece of paper for every 100 shares would be great. Would solve the winter fuel allowance issue for those that still use older forms of central heating.

UKOG have no cash, huge operating losses, and little option on the cash raise front.

£100 million wasted.

Only a fool would buy with the desperate rampers doing their best

What time is the muppet show on Maidit? You clearly haven't done any research on UKOG, beware of spikes, that is all that UKOG are good for. If you have a profit, then sell, or you'll fall into the same trap as other muppets.