Member Info for CynderLad

0.6 bopd to UKOG, WOW, that is a massive $48 per day revenue to UKOG.

But hey, there is a catch, the water disposal costs and site running costs will be huge, so I'd doubt that the site will actually make a profit at all.

SO before the RAMPERS get excited about $17,520 annual income, they better take a look at the costs.

SS is really scrapping the bottom of the barrel, but he was really chuffed to put that RNS out. LOL

Nothing to ramp, just bad news to come.

CLN will be a killer, it's going to take the SP into the 0.03s.

Poor Adrian, oh diddums, where's my violin???

.. to stand up and answer the basic questions.

Pathetic behaviours that are a reflection of their character, cowards the pair of them.

Stand up, present the financials. Show us shareholders the position; cash, revenues, debt, hedge, operating costs, etc, etc. Lay it out nice and simple so that there is no obfuscation and no half truths about the present situation and the ability of the company to stay afloat.

Fail to do that and they have a hidden agenda, to me it stinks! They stink and they should be removed from their positions and replaced by someone who will be honest with shareholders!

When's the £1 party then? Yawn!!!

Are they deliberately overseeing the rapid demise of the SP so that an "interested party" can buy the company for peanuts?

I do wonder if they are gonna get a huge back-hander / brown paper bag payment if this were to play out?

Why else are the CEO and BoD just letting the SP tank when they can put out a simple presentation with full disclosure of the financial position. Instead they hide it all away and keep it under the radar until the annual results are published.

What the Foxtrot are they doing and why the Foxtrot do they think they can p155 over shareholders????

If ANGS go anywhere near Loxley and the scammer that is Stephen Sanderson, then I'm out of ANGS. You would be kissing goodbye to anything that is invested in a UKOG scam.

In the meantime, the ANGS CEO and his BoD really need to get the financial forecast out for all to see; cash position, loans, interest, hedge, revenue, overheads, etc, etc. Show us a bloody 12 month picture of what the company expects FFS!!!! It is not hard to provide that is it!!!!

The SP is tanking due to 1 reason, market now thinks the financials are screwed. So address that with one simple presentation with the facts and forecast front and centre. That will resolve this issue, or provide the truth of the matter. The CEO and the BoD cannot simply hide and ignore the shareholders!!!!

With complete transparency over the hedge costs and the cash position.

They need to provide a financial outlook that shows debt, cash position, hedge, interest, revenue, etc.

Right now the market thinks ANGS is an absolute must sell!!!

Only way for a "real" management team to turn that around is to provide the financials as per above. The BoD need to show some respect to the owners, yes, that's us the shareholders!!!

Pactrol, because they know it's a dead duck and what better way to waste time than to engineer it!!!!

Riverfort will not be holding those shares, they'll forward sell as per last time they did a CLN.

If you want to know what will happen then just look at what happened last time.

The CLN will see the SP go down 20%, easily.

It'll also kill the pump and dump opportunities, of which they are just a couple that did offer any spike opportunity.

Who really cares about what Adrian Watkins thinks? He's here posting with 5+ ID's and he's adamant that UKOG are great.

He's right up there with the great thinkers of all time, NOT!

Keep working on that Chaplin moustache Adrian! If UKOG were called CHINAOG he would be slating them.

That CLN will be an absolute killer. It's worse than a placing.

You know why Sando opted for CLN??? Because he couldn't get a placing away.

The CLN will kill any spikes, the pump and dump opportunities are now gone. This is going to 0.04s then 0.02s.

That is the harsh reality...

They were fully funded for Turkey and HH2z and Loxley this time last year, what changed? Nothing!!!

Sando will continue to bleed the coffers dry.

How long is the wait??? Someone send Adrian down the workshop for a long weight.... He may be back by Xmas...

It'll come, it'll come. This company has great potential. RW is the dude.

Make for horrendous reading. SS hiding as much as he can.

Turkey is a dead duck, we all know it, so does SS.

Loxley drill in 2024, LMAO, yeah right mate. How you going to raise the £6mm for the drill and EWT then?

Operating losses have increased, the coffers will be running dry, and that cash for the HH2z conversion and the additional costs in Turkey are not going to get any cheaper are they!!!

All in all, a very disappointing RNS for shareholders. Not that I'm bothered, I'd not hold UKOG shares in my portfolio, I do still have an open short CFD position though and I'm not closing that until it hits 0.02p, Easter 2024 nailed on at the latest.

LMAO

Many moons ago I was given some good advice. When looking at investment opportunities, make sure you research the CEO.

In the case of DL, you would be better off burning your cash than investing in his BS, at least then you get to see where it went, as with DL you'll never see that cash again.

In the meantime.... Fruitcake, have you observed how the SP has returned back into the 0.05s, and with nothing left to pump (certainly no oil in Turkey), SS will soon be making up another episode of Jackanory to get a placing away. it'll be £2.2m or thereabouts, he know he cannot any more than that and it'll be a massive discount to one of his usual placing mates and forward sold to keep the risk down.

0.04's are imminent!!!!

Adrian has at least 5 accounts here. Admin clearly can't be bothered to ban them all, which is a shame.

It's actually making for good collateral for a study into multiple personality disorder, the guy is an absolute fruitcake!

Finch is just a side show.

The issue for UKOG is a lot more severe than some XR nutter who has no chance of winning in court.

The issue is that UKOG do not have any assets that are producing profitable revenues at an asset level.

1) HH is losing more cash than they can generate in oil sales, and they'll not be able to make it profitable.

2) Turkey was and always will be a dead duck, nothing there to generate cash

3) Loxley is a pipe dream, they don't have enough to drill and test (£5million+) and they certainly don't have the extra £12million to put it into production, and that would mean £17million spent on an asset in a location that's already been tested twice in the past and delivered dusters.

That leaves UKOG with the grand sum of nothing! Then they have massive P&A costs at Broadford Bridge (another duster) and huge company running overheads.

So, Ms Finch and her XR case really will have no impact on UKOG, they will fail regardless of the outcome of her effort.

What is more important is the implications for other junior oilers in the UK who have real profitable assets (e.g. ANGS). But rest assured, Finch will lose!!!!