Member Info for CynderLad

LOL Wizard... That is pure comedy.
Please explain why UKOG has placed such a low NAV on HH then!
Whilst you are at it, why aren't the big boys buying out UKOG for the asset if it were worth £16.5 billion?
You gotta love the rampers. Beware newbies on this board, there are some desperate rampers here.

I think Sando was praying that fracking the Kim would have been a real possibility. If they could frack the Kim, then the Weald may have some potential, but I don't see them pursuing that given the present public disdain for such approaches.

S740 is in agreement with me. Hydrogen is not a mass rollout to all in the next 10 years. It'll take a couple of decades if not longer.

p.s. Anyone bought a hydrogen hob or hydrogen gas fire?

Slowly drifting, day after day, slowly drifting.
Placing by mid May was my call. I'm sticking with that view. This Friday, 14th May, ouchy.

Hydrogen or traditional gas/oil. UJO will not be too bothered, WN is going to be huge.

Am I wrong about NG boilers burning anything above 20% mixture of Hydrogen in the NG?
Are you talking about a full switch to Hydrogen?
Are they going to force every property to switch to hydrogen?
Are they banning sales of NG boilers to properties in that limited geography?
Do you really think that Boris will push Hydrogen to all as a mandate?

Stop over-playing the take up of Hydrogen over NG!

Sorry. Me bad. A Hydrogen boiler can burn both NG and Hydrogen or a mixture of the two. Dumbo mistake here.

Hi,

When I stated that you cannot mix NG with Hydrogen, it was in the context of deliver to a pure hydrogen boiler. Can a hydrogen boiler wok off a mix of 80% NG and 20% Hydrogen? The answer is "good luck with your boiler warranty with that one". Same is also true with existing NG boilers, you add hydrogen into the mix and you'll have warranty issues galore. Some studies have suggested a range of 5% to 20% mix of Hydrogen can be accommodated in NG boilers, but what do the manufacturers say, after all, a study is just a study.

There are further issues with mixing Hydrogen with NG in a national pipeline, it is unproven as to how they can regulate and control the mixture.

The environmental benefits are there for all to see, should the regulators and industry sign-off on mixing Hydrogen with NG. If not, then I doubt that you will see Hydrogen mixed in with NG this side of 2030.

Thing is, how will they deliver the hydrogen to your property? There's only one infrastructure setup to deliver gas to the property at present, and it isn't for hydrogen. You cannot mix hydrogen with conventional gas. So either they have to build a brand new gas network, or switch everyone over. So that leaves but one choice, having your own hydrogen storage on premise with regular deliveries. Costs for that will put people off the conversion, so unless Boris starts a scheme to cover the costs, then regular Joe is not going to be interested.

Net result. You are not gonna seen hydrogen boilers take off any time soon. Conventional gas boilers will outsell them 100:1 or more.

Hydrogen will become a proposition for the larger players, but that's commercial use, not domestic.

Don't underestimate the importance though, as hydrogen as a fuel for vehicles is very much real and now.

The only true winner will be Sando and his mates who are now earning more than they were when they announced the "temporary pay cuts for Covid".

p.s. My filter bin is working very well.

UKOG united. LMAO. Seriously, that has to be one of the worst tags for an AIM oiler ever. It should be "UKOG Confetti Machine, line up line up, line trousers' pockets".

Place your bets. Will you see a photo of a portaloo before or after the placing? Either way it's shti news.

Probably concrete being poured.
Week after will be some Turkish bloke having a cuppa
Then week after that will be somebody putting up a flag pole
Then comes the infamous viewing gallery (shipping in from HH).
Then a Portaloo the week after that.
Then it'll all cease as UKOG will not have paid AME for the next part of the job... Cash is gone.

Yawn. Just need 100 of those and it may mean something.

SRBS. Thanks for your cheerleading.

I'm posting a few times a day here, doesn't take anything more than 15 mins of my time. :-)

I invested quite a bit of energy into researching UKOG last year and did buy in and then sell out quick quickly.

My investment plan was quite simple, and based on risk/reward with investment in 3 stages based on solid facts and company progress.

My first investment was quite small, intentionally so, the 2nd and 3rd investments would have been higher. I saw the progress being made, I saw some opportunity for short, medium and long term returns. However, given the terrible turn of affairs at HH and Loxley, not to forget the previous issues at BB (which I had pretty much written off), then the news of the Turkey plans; well I decided promptly to get out and to stay out.

That does not mean that I have expunged UKOG as a future investment, and I am not here to deramp and buy in lower. I'll sit patiently waiting for Turkey news, hoping that it is AME that give the operational updates with a decent level of detail (wishful thinking). If the first drill is decent, then I will re-evaluate my investment. I'm not a day trader or a short term trader for that matter either. I usually look for a 6 month / 12 month / 2-3 year exit in various chunks. But right now; UKOG is heavy risk and low reward for my money. I'll keep it elsewhere (you will see I'm in another junior oiler, and I'm there with 2/3rds of my planned investment thus far).

Good luck to LTH'ers. I do not wish you any misfortune. But for newbies, beware the rampers and P&D, it happens here a great deal. Do the research and don't be afraid to be sceptical; it's your money after all.

Cheers.

"news imminent". I very much doubt it. UKOG tweeted a rather sorry looking pair of photos yesterday. They've yet to pour concrete at the site in Turkey. It'll be weeks before they spud. Only news between then and now will be the placing.

Should have stated "DON'T ignore the notes from the likes of Penguins and others on here who have seen the constant stream of misinformation, deceit, and BS from Sando." Penguins and ZYX make some excellent points, you would be dumb to overlook those in favour of rampers.

BuckwaasObserver "Ignore those bitter holders / investors that sold at a loss."

I have listened to them and also done a good deal of research. What you are promoting is the opposite, investing roulette if you like.

Ignore the notes from the likes of Penguins and others on here who have seen the constant stream of misinformation, deceit, and BS from Sando. Careful that you don't follow idiots and only invest of the back of solid research, alternatively, pop down the local casino when they re-open, the odds there are better than AIM.

Unfortunately for Biden, oil is still the main currency on the planet. It's driven the USA to wars in Iraq, they were not after Saddam, it was the oil. Little has changed since then. Greta is flying around the world spreading the green gospel, folks in developed countries are recycling, and electric cars and green tech are past their infancy stages. But oil consumption is still on the up with the current bump in the road nearly done with.

LOL. AGM. It's only an AGM by name. Wait until next year (if UKOG are still about this time next year).

sorry, but that link does not work.

As for Loxley, the SCC dimwits will be facing some major "egg on faces" as their decision was a terrible one.

You can view my posting history for my thoughts on their misjudgement and predetermination.

Penny Rivers being one of the worst and should be barred from holding a position on council. Full on XR supporter that she is.