Member Info for DusterMan

What more evidence do you need? than the director of UOG standing in front of a camera and clearly stating its over 2000...lol.
I would rather that than a email reply from a member of staff in the office....where do these clowns come from

Its lots of commercial oil, its lots of income, its fantastic news :))

And don't forget the ASX-1X well that was drilled was brought online in the 4th quarter.

, Brain clearly said DAILY production is over 2000. Its also been tweeted by the company the same info.....just because you don't get the exact reply you want by email means nothing. The information your looking for is recorded on video & via company tweets.

Blue sling your hook mate, you sold out at the bottom by the looks of it :) smart investors buy low and sell high....not the other way around...lol
Take time to watch the video just released it answers questions you couldn't understand...it looks excellent to me that's why I topped up today first thing

Blue your wrong, it's in the RNS if you read it:

At the completion of Tranche 4, DOID will earn an additional 11% equity interest for a cumulative total of 51% equity interest in Indokal Limited.

51% in Indokal limited...not the entire company.

Anyway you sold so doesn't matter for you now :)

Need to look at the bigger picture here, DOID we're never going to pay the whole costs and give 49%. DOID bring to the table a potentially fast path through to production and will arrange the financing as stated bellow. The big prize is a producing mine with 10 years and more of life generating huge revenues and profits for ARS.

The deal is expected to create significant value for all Company stakeholders with the BKM project well-funded towards production and able to leverage off DOID's extensive Indonesian operational capability and expertise in mining and mine development related services including mining and earth moving, civil works, process plant and mine infrastructure construction.

DOID through its strong financing capability and relationships (especially in debt and project finance) will assist the Company in delivering a project financing solution that will ensure the project is fully financed through to production.

Retaining a substantial interest in the BKM copper project and the broader KSK CoW enables the Company to continue benefiting from the significant upside potential still to be evaluated on the property, as demonstrated by recent drilling and value engineering work.

We are confident DOID as a strategic partner brings the necessary technical, commercial capability and experience to support Asiamet in meeting its objectives for the development of both the BKM copper project and its broader business.

This is a great deal for ARS....the mine will now move into production, they retain half and it will most definitely be hugely expanded. A deal with Delta pretty much guarantees the financing will be arranged and fast....this is just a stepping stone to the the monster Beutong which is 100% ours.
Seen market reactions like this before and its not long before we are exceeding higher highs again. Lots of news due to drive us way higher. If it does fall lower I will be buying the dips that's for sure.

Retaining a substantial interest in the BKM copper project and the broader KSK CoW enables the Company to continue benefiting from the significant upside potential still to be evaluated on the property, as demonstrated by recent drilling and value engineering work.

We are confident DOID as a strategic partner brings the necessary technical, commercial capability and experience to support Asiamet in meeting its objectives for the development of both the BKM copper project and its broader business.

This is excellent news today....finally progressing. The sell on news brigade will soon be gone and the real rise can commence....a gift of an entry price in my opinion.

DOID through its strong financing capability and relationships (especially in debt and project finance) will assist the Company in delivering a project financing solution that will ensure the project is fully financed through to production.

Fantastic

Reggie sling your hook....obviously you sold and its sour grapes now :)))

Good points those bonker. With a potential of 250 000 ounces annually in a few years I'm wondering what the market cap could potentially be. If all goes to plan I think a 400m cap could be easily possible....and that's the lower end prediction

Gap filled on the chart @ 360p...up we go Monday :))

If a junior minor with no production had of released those grades the sp would have increased 20% easy. Yes Q3 production was disappointing at YAN, moving forward I'm sure they will turn that around. YAN is a fantastic asset & now another impressive asset is in the making....future production over 200,000 ounces to look forward too. Look at the bigger picture, today is a buying opportunity in my opinion.

It's crazy how the market treats this share...its valued at peanuts. Sooner or later it will re-rate, 5 more fully funded drills to look forward too. I'm adding on dips here. Can't believe this is in the 2's....

When's the next x dividend day? Profits should be amazing here so the dividend could well be a lot higher than last time

Hibiscus has already made a non-refundable $1m payment so if Crown is returned back to United then it may be worth more than the final payment that was due from Hibiscus, especially in a strong oil price environment......UOG is way undervalued at todays prices any drop is a buying opportunity. 5 new fully funded drills have already been announced. Lots to look forward too

So 35m new shares will be issued...however an existing long term shareholder will take 20m of those.

We want to see the consortium piece together the arrangements for the funding. Its globally one of the biggest & with global food shortages already happening and forecast to get much worse...this company could be the right place at the right time. It doesn't come without risk but the rewards could be mind blowing

Another very important part of the RNS that actually I think warented a separate RNS is that the water issue they had on the Wells has now stabilised. This is fantastic news