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Down after good RNS,people say already priced in,if thats the case the Kimmridge is also priced in?
But I'm not worried, Portland looks GREAT. Kim is now testing and we will have heat stack and flare in a couple of days, then tankers galore. Can't wait to see how the market reacts to 4+ tankers a day, every day during the Kim testing (obviously excluding shut-down and clean up periods, etc)... This baby is going to flow, and I doubt you'll get people selling in droves when the tankers are a rollin in and out, in and out, in and out.. Baby yes, do it baby, yes! in and out, the pumping will please.
Except it will be more of the same
Well at the moment we appear to have drilled Surreys largest soak away and its soaking up all our cash
Was the rns really bad to have only 2.2 % rise in SP ?!
I guess I have to bin my engineering degree because it seems like I miss interpreted the rns........
I still think the fact there is no planning in place to extract it even if it proves commercial isnyt helping the market.
Its absolutely barking that we are back at the price we were at about two weeks ago with such positive news in, news we were awaiting on.
If i hadn't been elsewhere I would have sold up, took a profit and then bought in again lower down..... Sigh
Such as I want my money back ,but not at less, at least some profit ...Why on such good news we have huge sells …..
I wonder if the fact that they have no planning approved at the moment to start production will not help. They might have a lot of oil, but the fact its stuck below ground does not help
Bugger,I was elsewhere so missed the spike to sell on then buy back in :(
Raining here too, maybe the great unwashed Camping outside at HH are becoming the great washed..
It's really nice to see how a positive rise has had an effect on the congeniality of the posts on here, such a refreshing change to see positive thoughts as opposed to the doom and gloom.
Phantom sale now 2.29
X often used for drill here
Sell 2.2888
Does that mean Saturday and Sunday have been cancelled? Why didn't I get the memo?
"We need less speling and grammer lessons and more nues !!"<br /><br />You definately have them banged to lefts...
"The longer the silence on Portland the more confident I�m getting that it will be declared commercial. Would have expected an announcement this week if not commercial as there�s a lot less to do. The silence makes me think it�s definitely commercial and going through all the steps to get it signed off. "<br /><br />Logical, any you do not spend millions buying someone elses stake if you are buying into a lame horse.. pun intended
Or it could be someone cashing in because he has suffered a catastrophic loss of .005p
Totally agree, because if it does become commercial you might find the rise does not cover the loss
http://www.proactiveinvestors.co.uk/companies/news/204147/ukog-shares-lower-as-politics-and-protests-weigh-on-sentiment-204147.html
https://www.fool.co.uk/investing/2018/09/05/forget-the-ukog-share-price-id-buy-into-this-profitable-small-cap-instead/
like it or not on the second link, people read it and then act.
https://www.telegraph.co.uk/business/2018/09/03/anti-shale-fractivists-barred-gatwick-gusher/