Member Info for Elegance

Last time this dropped I bought in on the option at 4p, what a mistake that was, share was suspended for over a month and opened back up below 3p

Shocking discount which will hurt existing share holders.

Exactly what I said this morning, it’s taking too long and I got shot down fo saying it.

Morrocoknows, you clearly are unable to count as you claim it’s been a few days lol, I don’t know why your laughing as it’s been 15 days since we had an RNS on the kimmeridge and they had already started then. How long does it take to flow the well? Not one tanker.

Morrocoknows you have not given me an answer about the kimmeridge and why we have had no news. Only insults.

I asked the question last week and was told I was just a deramper I’ll ask again why have we not had the Xodus report and why after over two weeks have we still not had any news on flow from the Kimmeridge

BB all over again? UKOG need to give news.

Starbright I don't understand how you can value a company using the logic of what it can get out of the ground in 10 years as per your post at 8:04am this morning? The oil doesn't disappear after 10 years and therefore should be based on the potential assets over the period based on what can be obtained from the Weild basin and with that 20/30/40+ years what technology, production methods and facilities can be manufacture for storage, transport and lets not forget the price of oil. I am not saying 75p either at the moment, far from it, I don't think we should be at 2p though.

Whats actually stopping this from falling to 8p now? Why are you of the opinion that 11.5p could be the bottom?

Pessimistic I agree but a brokers view.

Very conscious that the share price is being lifted on literally 20k worth of shares, makes you wonder if you were about to buy in could you actually sell at some point with a profit or are you locked in on the next drop to 8p?

Nolupus are you expecting to see a director buying shares? Can you explain in layman’s terms your thoughts on your last two posts? I’m confused as to what you think the future RNS will contain?

Yanis why does it need to be 400bopd? Is it not commercial at less than that?

Sarir I agree, Yanis this is different to B.B. because it does flow.

When will we receive the RNS about the long term EWT from the Portland? I didn’t think it would be so long? News would have been reported by now?

Jay Kay I corrected you on your tanker calculations but you seem not to have responded?

I found that a rather silly post, why would solo sell now?

Each tanker can hold 214 barrels and I am not sure UKOG are limited to only 20 tankers per week so your maths maybe out a little.

Does anyone know if we have a pump on the well now?

Hope there is 9702 cubic inches in one barrel of oil, I’m quite good at maths but lost with how you get the capicty of the cylinder. Where’s the link to the camlift assesment online?