Member Info for DaveWin

I doubt anyone would resent performance bonus for the BOD if the target SP was reasonable, such as double the highest ever seen, so lets say 8p and above.
To set it to a level where we were BEFORE they messed up the IW2 flow tests is sickening if that is now considered a success and worth rewarding the BOD for
I really dont think so

08:56
Almost 17million buys
Against 6 million sells

And we are red. You cant make this stuff up

Will1734, Scandic and NeedMoneyNow

All with an agenda to deramp this share

Scum the lot of them

Gas finds can make us energy independent from places like Russia
Oil finds cant, as oil in the UK is not the same as oil found in Saudi
They have different qualities, differing prices and different characteristics
Our oil is light, their oil is heavy
Our oil is used in refineries to blend with their oil, cracked and then produces all the weird and wonderful products that we rely on. Yet some, who dont understand the process claim that we export our oil and thus are selling off our energy independence, when it simply isnt the case.
Our oil alone cannot produce the petrols, the chemicals etc on a cost effective basis or chemical basis on its own. This is why blending occurs with other oils from around the world.
If we didnt do that, if we didnt export our oil to refineries around the world then yes we would still have lots of oil, premium oil in fact, but we wouldnt have diesel fuel for instance as our oil wont make it on its own.
So we'd end up with huge quantities of high quality oil, which is worth a premium against other oils but not being able to sell it abroad at a net profit when having to import cheaper types so as we can blwnd it and make for instance, diesel.

"Statement from the Chairman and Chief Executive Officer

"Our priority so far this year has been the de-risking in Eastern Morocco of both our existing discovery and our significant exploration potential. The Company is now ready for this next, potentially transformational, period of exploration drilling."

The Company continues to believe that the TAGI and Paleozoic plays across Tendrara, Anoual and Matarka have the potential to become a material hydrocarbon province transforming both the Company and the Moroccan gas industry. The first half of 2018 has been an incredibly busy period, albeit largely behind the scenes.

The Company has made progress in both developing the existing discovery and in de-risking the exploration potential"

Milestone after milestone reached, on time and on budget
Why cant every company be as well run?
FEED is complete
AM sails shortly after the end of the month
First oil still scheduled for early next year

No doubt many will sell into the rise but im hopeful that today will see us testing the highs of our SP

Well done once again to all involved

Ive never heard of Barclays doing this before. Is this something out of the ordinary? If so, why have they done this?

Ok thanks aerial, so we've negotiated a 12 month grace period with our main creditors. Perfect. Now lets sell, sell, sell our services

I would and Id use the financial consideration to develop Kimm and proceed on a share buy back deal to compensate hard pressed LTH's

12 month orderly market agreement means what exactly?

Im hoping that DW manages to sell this to II's or else I may never recover my losses

Planes will fall from the sky and no doubt Godzilla will lay siege to Parliament on Independence Day...*sigh

Maybach,

For me it all depends on continued revenue.
At the last count we've generated £50k/month sales
Not massive but a start.
None of the income generated however is repeatable income so something needs to be done to gain that repeat business.
If the team in place can increase sales and crucially display a repeatable income stream, then this could end up anywhere.
Take your pick from x10, x100 or more from current levels
However, to get anything like that we need sales and proof that this is a viable business and concept.
Im beginning to warm to the idea that it may just be that but lets see the figures in a few weeks as to whether any new developments are announced

Ive worked 20years offshore and not once have we not been able to recruit from a highly skilled UK workforce. Not once so this is laughable

Are you suggesting that he is wrong to state that the EWT results will open the door to bank finqnce as opposed to tapping up shareholders?
If so how is he wrong?
Or, as I guess, your whine isnt in relation to what I actually posted but an altogether different geipe you have with him, which isnt relevant at all in determining UKOG ability to access this kind of funding?
Which is it Scandic?

Listen to Lenigas explain how positive EWT result will allow access to bank finance instead of having to tap shareholders.
This week the tests opened those doors to allow us to move forward with a debt facility imo
https://m.youtube.com/watch?v=CGh03ErAxpM

Ive only got a pup

comparing us with BP? Wow, yes that'll work 🖕🏻

As soon as the MMs and day traders have had their fun then this will be blue by the close of play today

Just keep ticking off the items and the SP will take care of itself

The shorters will all get burnt mwah hah hah