Member Info for Early_Bird

Looks to be be done, book looking much stronger now. What an opportunity at these prices

Https://x.com/Towlie1981/status/2050464488181162471?s=20

Anyone that thinks the finance is death spiral financing should not be investing and needs to go back to school... its quite clear if you read the terms.

SP doesn't fly up 20% if there is any stock being offloaded(!)

Likewise.

All noise in the grand scheme of things. Down to the company to deliver

Could be a big move incoming here, Canadian listing this month and any buyers over there need to get the stock from UK market

Derek London are you an AI robot? Just going in to ChatGPT and getting it to write a negative summary based on some input you give it is quite obvious to see through....

And needing to cover their position… could squeeze nicely as looks like retail aren’t falling for their trap

Looks to me like one or two retail have capitulated in a way to cause maximum damage to SP. Just screwing themselves basically

The £15m facility appears to be as much about optics as funding , likely something the government would want to see in place ahead of granting the licence. That would explain why EnergyPathways plc opted against a straight equity placing.

In reality, it’s unlikely the full facility will be drawn. If the licence is awarded, the project should unlock access to more conventional and potentially cheaper sources of capital.

So in effect, this looks like bridging finance... a way to demonstrate financial capability and readiness, rather than a structure they expect to rely on long term.

Stanley you are just about the most worthless POS I’ve ever come across on these BBs and that’s saying something.

You were professing to post inside information and were heavily ramping this company a few months ago. Now you’ve sold you attack the genuine holders.

Possibly the most disingenuous poster I’ve ever come across on these BBs over the past 15 odd years and that’s saying something.

You don’t seem to realise that folk know who you are behind the keyboard. Keep digging your own grave my friend

Worth signposting that for UPL its a 16x from here to get to RKH market cap who are sitting on 300m net 2c barrels and few years off any production in a sketchy jurisdiction

UPL on just one of their possible PSCs is looking at 550m + 2TCF 2c barrels, which its sole bidder on and could land any moment now

Worth folk considering the difference between "prospective" resources and "contingent" resources... This is where UPL will effectively leap-frog most AIM oilers as soon as this PSC lands

The financing is lined up & ready to drill it out and non dilutive

Offering incredible entry price here 25-30% below recent level directors loaded in £1.5m at 3.5p.

Has £5m cash/investments which is 2.5years of not needing to tap market

$100m financing secured to drill out assets

PSC's imminent. 550million barrels + 2TCF of *contingent* would mean £250m+ Mcap based on peers and thats just one of the many that could land any moment

Exactly that.

A tale as old as the markets themselves: people sell right on the brink of a breakout (because markets are engineered to shake them out at precisely the wrong moment), then spend years trying to talk the price down to justify their exit, usually through noise, cynicism, or outright trolling.

Meanwhile, the fundamentals have never been stronger here! - Great buy op.

Stanley you have literally just described yourself there!

I know Jam4U and he’s a straight up honest guy and has been holding UPL longer than most

Ref:

https://x.com/Jam4u_75/status/2049449322979139759?s=20

Management put in £1.5m recently at 3.5p which is much greater than was taken in salaries

They've also made £200k in a gold investment (which I hope they cash in)

People always capitulate right at the wrong moment. Buy op as to me it reads that the 560million barrel contingent discovered resource is imminent now... which alone would eclipse this Mcap

Market needs educating... hopefully BC does an interview

Encouraging.

GLA

Big gaps on the RSP

GLA

1 post - I think we know who you are OilGuy ;)