Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
WG doesn't care about the likely success, he/she wants failure 100%, wants ANGS to go bust 100%.
Tell us WG, do you like vinegar on your fish and chips. - I suspect you are vegan
You shouldn't have vinegar as it's an acid, ah wait your body will neutralise it. LOL
Wait, do you walk to the chip shop, hope you didn't take a car.
Oh, you did take a car but it's electric.
But wait, where did the electric come from, certainly a huge amount of gas.
Oh wait, what about the manufacturing costs of that car, huge amounts of CO2.
But you bought it 2nd hand right, LOL, so that doesn't count.
But you still ate the chips right, were they locally produced?
How were they cooked, in oil?
Was that farm machinery all hand driven? No, thought not.
What about the electric to heat that oil that cooked the chips, oh, more gas.
You see WG, your type, the XR fascists, are the worst of types. The "but it's not me brigade", when in fact, you are just as bad as the bloke who drives a V8. It's your consumption that drives global warming.
Just using that laptop/tablet/phone is eating electricity, not just the device, but the network to route it and the servers that host the apps and web-sites. You post here more than others, it's your consumption that is driving the need for more capacity, and with more capacity more energy is consumed.
So, go on, do one, hypocrite.
The only activists I would ever share a conversation with are those that clearly live off the grid. You don't!
ANGS all the way to the bank, just wait till Easter!!!!
Very soon. Yes, that is a ramp, but it is backed by a cracking RNS. I said before Xmas that I predicted 5p by Easter, that was based on a successful sidetrack.
We should know by Easter, and the flow rates should be absolutely huge.
Ruth and your tag team, you took one hell of a beating, now scutter off to UKOG where there is 100% chance of a company failure!
Adrian, go put a few stickers on some fire extinguishers. That's the level of your intellect.
As for my short CFD, it's doing very very nicely, I bought in when you lot were ramping away at 0.18p. :-)
I'll hold it all the way to 0.02p, which will only take a failed drill in Turkey, a failure to get a partner at Loxley and another 1 placing.
Just wait for the financial report to drop for UKOG< it's going to be a car crash, which is not dissimilar to your personal health.
SS is trying everything in the playbook to get a placing away.
This time it's spending $400k+ on a pointless drill. What a waste of cash you may think, but you need to understand the mindset and MO of the CEO.
The Mindset and MO = I must be paid for another 12 months to get me closer to retirement, not enough cash in the coffers, so I must get a placing away to pay for more pointless work in geological dead duck plays. All other considerations secondary, shareholders = who are they, I don't need to speak to them directly or do a SH Q&A session.
More getting spiked yet again. a few trading for 5% at best.
That next placing will take the SP into the 0.05's and possibly lower, so this dog is a must avoid!
**** ALL IN MY OPINION ****
Will be at least £5 million for initial drill + test
Will then be at least another £12 million for production kit, just look at the costs that ANGUS had to cover for the Saltfleetby processing plant kit. It is not cheap.
And then there is all the cost for the external folks to support planning and legal costs.
2+ years to actually get in there and drill/test IF they can get £££ or a partner (LMAO).
5+ years to get it to production as it'll be NIMBY/Green Councillors who block production planning application.
It all fits perfectly into the CEO's strategy though, he gets to raise more cash through placings as he works his way to retirement with his trotters up on an over-inflated salary.
As for interviews, that shambles yesterday was NOT a PI session, 100% scripted and not answering any of the key questions about HH or Turkey!!!!
It's going to go back sub 0.06's very soon in my opinion.
Then there will be the smokescreen in Turkey to try and get another placing away to pay the BOD for another 6 months. They need to keep those trotters up on holiday.
All in my opinion of course. But just look at the MO and you see why I have such an opinion.
CDF1 - if you are new to UKOG, then please please please go look at the history of placings and failures, look at the finances and how much money they have lost, and look at the CEO and his complete disdain for PI's (i.e. no PI/investor sessions in living memory). There are so many red flags with UKOG. If you are short term and trading this baby, then good luck, but as I've said before and as has been proven as FACT, UKOG will raise through placings without care of duty to PI's/shareholders.
You were warned!
UKOG is worthless, their cash reserves are dwindling, limited revenue streams and losing cash hand over fist.
No new assets to come online with any true potential.
Loxley will cost £18+ million and take > 5 years to get into production, and that is all subject to UKOG actually proving it to be commercial.
Nobody is interested in the farm in!
The CPR changes nothing!
UKOG do not have the cash to drill Loxley!
It will be £5million to drill and test.
Then they will need planning for production = 3+ years of red tape and treackle.
Then they will need £12million for production kit.
It's quite plain really, UKOG will not get a partner for Loxley, the ROI is dreadful. Who would want to spend £5m on drill and test to then wait 3+ years to get production approvals only to then need to spend another minimum of £12million on production kit.
There's nobody out there going to be interested in that.
Also the figures used for gas value are over-inflated, in 5 years time (and that is as soon as production could ever commence) the price of gas will be considerably lower than the figures quoted!
But the CEO, SS will not be bothered, he's just had a lovely spike with volume and that usually means some forward selling of placing shares, after all, they don't have enough to drill anything other than a seep well in Turkey.
SP will dip to sub 0.05p when placing lands.
Just saw it on Twitter. Looks like the campaign is going to restart unless SS does a Q&A session for PI's.
Put the CEO on record where he has to answer questions that he does not want to answer I guess.
e.g. Why haven't you gone back to produce from the Kimmeridge in HH1?
e.g. Is there downhole damage in HH1 that means that you cannot produce from the Kimmeridge?
etc, etc, etc.
If I had any shares, then I'd support him being ousted. I do have a Short CFD, but not ready to close that yet.
And so each month that goes by see's the light at the end of the tunnel get that little bit closer.
Sure, all PI's want the sidetrack to be a success, but failing that, then ANGS will have 100% of the production come summer 2025. Sounds a long way off, but it'll come soon enough.