Member Info for FlatBottomBroke

Sorry about the spelling errors, I never checked it before posting, I will now go stand in the corner.

Probably because billons of pounds are at stake and you need to get it right and be accurate, they will need to check and recheck their figures, remember their company is based on doing this and get it wrong then they will lose all credibility and who would employ you again to do such work.

http://www.clh.es/section.cfm?id=1&side=206&lang=en

https://www.historic-uk.com/HistoryUK/HistoryofBritain/The-Government-Pipelines-Storage-System-GPSS/

This is the system it is used to pump aviation fuels to airports, in my didtant past I seem to remember that just to sustain Brize Norton on a daily basis before the massive expansion would have required a massive amount of tankers a day without it, you won't pump ol through that system. Heck we had a tanker of Avitation petrol contaminated with a small amount of jet fuel and it was flushed three times and the complete contents x3 of the tank disposed of as waste fuel.

Hopefully someone who knows better can help us both understand :)

I didn't, that was posted on the fool on the hill on sept 15. see

https://twitter.com/Adrianwfire

That's why I was asking, do you value it on on barrels a day or on assets?

Would you value the company as suggested below on flow rates or would you value it on the proven oil reserve figures when they are released, as they would surely count as a company asset, an interesting comment on the hill tweets was this below assuming a buy out based on a proven concept and the size of the field.

#UKOG A timely reminder from Ben and share-talk. 27bn bbls OIP Contained within the fractures at HH and BB. 10% recovery from fractures nets 1.4bn bbls. £7bn at notional £5/bbl. Major may want to pay £3.5bn once concept proven. 60p agreed. 75p If 2+ buyers. #SLAM DUNK BUY

not sure either way, but I admit I would like a rough idea of the potential return on the share price as would everyone else, you get the feeling the share price is in limbo at the moment awaiting news and you get so many wild figures bandied around.

So the closer the sell price to buy price means an equlibrium is being met?

If i remember rightly the pilelines pump aviation fuel to the likes of Gatwick, no way will you put crude through it.

With all these squashed dinosaur resources running out we should be thinking of laying down a future resource, perhaps several layers of Swampies to be refined a million years into the future would be a good start....

Joke BTW in case some think I am serious.

I kept checking the sell price on HL by putting up a phantom 1000 shares, every time it was higher than what their live price was showing. it varied but it added up to several hundred pounds.

Knowing the Daily Fail it will be about drilling for gas and a lot of black sticky stuff impeding their efforts

"expect a multibag from current levels."

We might even make the fabled 3P by friday :D

Are those commie anachists still protesting despite being served with an injunction?

No, they were told yesterday the world is their oyster so feck off and explore it by the bailiffs

and can you explain how they made 10% today please???

Depends when he bought it, he could have been an early buyer down in the 1p ranges, so the 10% is how much his share has risen as a whole, not just today.

Looking better :) let's hope it's sustained.

rafafan - brought in @ 4.75 Gatwick Gusher spike...watched it go to 11p last year and now waiting for a miracle to see that rise again...

If you're still looking for that rise, I believe Viagra can now be bought off prescription, as for this.....

I notice all the hype and sh*te brigade appear to have dissapeared.

Interesting reading

https://www.macroaxis.com/invest/marketRatings/UKOG.L