Member Info for CynderLad

Nothing to say about the crap assets and lack of cash?
UKOG is worth a trade, but if you hold this long, then you need to check out the business fundamentals.
It's a lifestyle company with little revenue, crap assets, huge cost calls, and a massive operating loss.
And the CEO is not to be seen anywhere as he doesn't have anything positive to pump, and will not comment on the huge issues at Horse Hill or in Turkey.

Placings galore in the past and nothing to suggest that this will change, so watch out for the spike, it'll be a massive discount and it'll be at a discount to the price a week ago. So right now, if they are forward selling then that discount is likely to see them getting shares at 0.08p. Making a massive profit on that if they are forward selling, only to then see PI's left red faced at 0.08p when it's announced.

---- all in my opinion of course, the above is commentary not advice! ----

Sando rescued by short term increase in spot rate for Brent oil.
But they are running a loss each and every month and nothing but cash calls to come on the horizon.
No chance of being cashflow positive in the next 12 months.
Turkey is a dead duck
HH is watering out
Loxley is a pipe dream for the CEO as it'll help him get a placing away.

- only mugs would buy this, super lucky to trade it for a profit -

- Placing means 15% drop at a moments notice.

---- All in my opinion of course, but only a complete mug would fall for the CEO Sanderson's business outlook, the CEO has not done an investor call or interview for 12+ months -----

It's the CEO that should be out. Worst businessman of the year award for 4 consecutive years.
How much for Tellurian and for the other companies that were bought out of HH? All without a decent CPR!
Dilution on the grandest scale I've ever witnessed!
Worst use of funds in the Turkish Dead Duck con.

Seriously, his business acumen is on a par with the incompetence of our Prime Minister, and his hiding is on a par with that of the FBI's most wanted.

- All in my humble opinion of course, with with a CEO like this there is no case for PI investment -

Basur = dust not oil.
That's as much info as they needed to avoid spending PI's cash of a dead duck.
A cash call that could have been avoided, dilution that was not necessary, cash that could have been spent on HH3.
The complete lack of transparency from the CEO, the lack of interviews, lack of investor calls, and the complete disappearance of updates for HH, well what does that say?
If you walk down the street, you'll see a beggar for what he is and you can judge whether to throw him a coin. But with these AIM lifestyle companies, you should be mindful of throwing coins to CEO's when they won't even show their face to talk up the reasons for wanting your coin.

- all in my opinion, biggest red flag = CEO who hides from public -

Ocebot does not know how to research, just a basic bit of code that makes senseless ramps.
Turkey is a dead duck. Everyone knows it.
Company will fold soon after Turkey is shown to be a dead duck.

Apologies for my incorrect use of "you're" in the below. It should be "your". With simple mistakes like that you may wonder if my account has been hacked by the Twerp of Horse Hill, but I can state for the record that my account remains secure.

Anyone seen him?
Still no investor call, no interviews. All when the company are supposedly on the cusp of transformational progress in Turkey.

Actions speak louder than words, so SS where are you? Why would a CEO hide away when there is "transformational" progress being made in Turkey?

You're actions tell the market and PI's everything they need to know.

Those who hide are hiding bad news, take the coin and stay behind the curtains hoping that you can survive another 6 months.

- all in my opinion, Worst CEO I've ever seen, bar none! -

The big question is not when it lands, it's what the flow rates will be like.
Folks talk about pressure build up during it's shut-in period, that is certainly interesting,

But..... I'd like some intel on the following:
1) What was the flow rate over the last month that the assets were producing?
and
2) Have there been any significant seismic events in the locality of the wells in the period of shut-in (even if only small scale quakes)?

I'm holding on basis that news will be good, but I guess we all have different views and what constitutes "good". How do you measure good and has Roland said anything about what the company expects when restarted (pre frac)?

Had to take the profit. It was a lovely ride. Was only in for a few beans, but it's now a few more beans.
GL to those who hold / buy more.

Not seen the moron of the hill for a while. Has he given up and finally admitted that he needed to take a loss?

Seen it loads of times across many many stocks.
So today is not a surprise to me.
I'm not expecting anything better than a flat day, hopefully stays above the 0.245p mark.

The big question; how long until the news drops on the wells being turned back on and the rates? Will that be good or great or indifferent? Will the usual FOMO kick-in, I'm sure that there's plenty already invested that are considering a top-up and plenty on the sidelines looking for a good trade.

Will it be next week or the week after? I'm expecting RNS before end of this month. So when to buy in, when to sell, difficult to determine for me right now.

Glad I'm in sub 0.2p and not sold a bean as yet.

GLA.

Every man and his dog knows that the placing is coming. It's just a case of how much it'll be worth. I would expect SS to be working with their usual chums on the 15% arrangement, forward selling as much as possible. Probably raise based on how much they can forward sell, then announce the placing when their chums are de-risked.

Going sub 0.07p in my opinion and it'll be well before Easter.

- all in my opinion of course, be brave to invest right now with no significant "good" news due -

maybe they can all get jobs as nurses and police officers.... Help Boris out...

ZYX, I did see that and these are further examples of big businesses making silly profits.

I do take your point when profits are measured in % figures and those figures are small. But my main issue is with the actual profit, not the %. No doubt that these big players have contributed hugely through taxation and employment for decades, but I do think that they owe the consumer some relief.

We can agree to disagree, that's fine with me. We are both understanding of the macro economical position and global market issues. And it's absolutely fine to have differing views on what may be acceptable or not from a taxation perspective. I'm a little more socialist and you conservative, that's fine, I get it. I'm not a million miles away from your viewpoint myself, it may seem it, but I'm marginally left of centre.

Am sure that we can both agree that a 53% increase on the fuel cap, whilst increasing NI by 1.25% in April, and enforcing consumers to take a £200 loan is not the most practical solution to the current crisis.

Plenty of reasons to be excited and I have a positive outlook on where this is likely to be heading in the next 3 months.
What risks do we see in the next 2 to 3 weeks? I don't see anything of significance.
Have bought in with a view to trade a portion and hold a portion over the next 6 months
Good luck to those invested, some look to have been in this for quite some time.

"Here's a challenge for you P - can you think of anything positive re: UKOG"

Yes, how about. It's a dream for those who have been able to short the stock.

Do you think that the cabinet can block the restart of the 6 O&G fields? Do you think they would want to? After all, lets look at the profits being made by the big O&G players counted in the Billions.

France put a 4% limit on the increase to domestic fuel charges. Whereas our chancellor decided to allow 53% this spring and god knows how much more later this year.

It's pretty clear to all that the Tories are not interested in protecting working families, it's all about helping their mates get even richer.

Then take a look at Sunak, Kwarteng and the other Tories on the front bench last week when Sunak gave the update to the house. Point fingers and laughing at the opposition benches; they were really laughing at the public. It's an absolute disgrace that they have allowed a 53% increase and then tried to make it sound ok with the £150 discount to Council Tax and a £200 "loan" on the fuel bills. Disgrace.

The answer was a simple one; cap that increase to single figures and delay the NI rise. Put a windfall tax on the O&G players. I'm supporting O&G production, but for those who do not, then surely the answer to net zero would be to discourage further production through taxation on the companies that are raking it in.

And before ZXY comes online and starts quoting me single digit profit margins and the likes, just go look at the profits of BP, Shell, Centrica, etc. The profits are going straight to shareholders, robbing the hard working families of their crust to reward those who are better off.

Disgraceful.

Meanwhile.... back in HH..... absolutely jack from SS on HH. How long until the annual accounts and will he bother to give a meaningful update?

I think Ocebot has issues with his codebase. Maybe a few ghosts in the machine.
He's needing a quick service and some minor reprogramming of his primary commands, but I doubt that they'll change his prime function.

function Ramp_UKOG (nonsense, more nonsense, yet more nonsense, I love the CEO, pointless OIL price posts, etc, blah blah blah)

Ocelot should get a job working for an investment bank. LOL can't even understand the basic arrangement or funding calls.

Wonder how many penny sweets he could buy with 10p.

Wow, an RNS to show them shipping a few pipes to Turkey.
Meanwhile, SFA updates on HH1 or HH2z.
The delivery to Turkey is a ramp, HH updates would make for bad reading.
Enough said? They need to get a placing away.