Member Info for FootieladBaz

I have registered my name and will attend. Hope to meet lots of you there. All the best, Barry

Just because 227 mill shares become available to sell doesn't mean they actually intend to sell them on Monday. If they believe the exciting things to come wouldn't they hold just like we are?

According to GF Angus are leading this and 14 day tests will start soon

I've been invested here for a while with a good five figure sum and for those that aren't sure I want to express why.
In relation to the market cap, at a paltry £10m give or take, I feel that the range of money producing options is extraordinary. Everyone focuses on the Weald and that is fair enough. We have about 18% of that and when you consider UKOG at £100m Mcap has around 46% it shows we're a big player and we will be a big beneficiary when, all being well, K4 comes good and then when production starts commercially.
But besides that. we own the Clogau gold mine and more exploration is going into that. This could be producing a lot of gold in the future.
Inglefield is really interesting in relation to a lot of metals and minerals. If copper comes good there, we're worth a fortune on that alone.
Then we should consider Limerick, where operators are doing well all around us - let's get some decent zinc out of that.
Throw into the mix black sands and various other interests - oh, did I forget our 5% in Brockham that is about to be tested in the Kimeridge? That's a cheeky little share that could be worth well more than our existing market cap.
So you get the picture. We have our fingers in so many baking pies that we're going to end up like Billy Bunter! Always take a long term view and many investors and MMs simply don't have enough patience, but I believe this investment for me is really going to come good. Alll the best, Barry

up 3.61% on interactive investor

True...but not exciting enough for me until it reaches 31 as that was my buy in price!

150 days plus a few days takes us to the end of the month so that makes sense to me.

I agree that when the share price rises on HH news, a lot will be out. I’ve just gone online and had a really close look again at UKOG’s portfolio. There is so much potential here. Not just horse Hill, but as others have mentioned Broadford Bridge. Then what about Markwell’s Wood, Horndean, Avington and also the Isle of Wight. This is a multi-year multi-bagging investment in my view but it is true that most people cannot be patient! all the best Baz

Sorry eyes. Scrap the first part of my last message. I misread your gas to wire point. Point taken! I should not lie in bed on a Saturday morning posting! Time to get up and shake myself ! Baz

Do you mean cubic ft rather than kW eyes? Don’t mean to nitpick, but as everyone is being very technical. All very interesting nevertheless. As I and others said nearly 6 months ago, the real RNS will come out at earliest later this month after the 150 days. Until then...we wait!

new internet services tax coming in April 2020. will affect all profitable large internet companies

Someone from the company needs to have a word with the Telegraph at editorial level. I have read the article carefully and whilst it is true that the hype of last year is noted, there is no consideration of the very carefully planned extended will tests happening this year to prove commerciality. only so-called scepticism from so-called experts. I would’ve thought that the Telegraph being so pro Brexit and so supportive of the UK standing on its own 2 feet would be the first champion of possible success at the Weald. Come on Ucog, get the editorial top brass to support what we are doing and to get behind the company.

Vernony...this is like asking Meghan Markle..so if you could marry someone else who would it be? Guess what she would say? Well guess what we would say right now. We’re about to have a baby and then some! And we’re sitting on the majority share of the king of onshore oil finds...so let’s wait and let the big boys come wooing later when the commercial flows are pouring out and we’re front page news! cheers, Baz

my view is that the MMs do not want to be caught out like they were last year with the hype that lead to almost 10p. We are having a fabulous series of RNS notifications. However, it is my view the MMs feel the need to wait for the killer RNS before we have a massive SP spike, probably far outweighing that from last year. When that happens sustaining that level of SP is the key. They, and let’s face it any of us, do not want to see a share price crash again after a spike. So for other LTH’s like me, let’s sit back, enjoy the ride when it comes.

thanks everyone for entertaining me here as i sit alone waiting to come home from the lounge in Schiphol. As i said a while back, i believe we will have to wait until November for the true value of our investment to be revealed. in the meantime anything else is speculation. Baz

Brocal is right. what’s the point of creating hype that could take up to 8p+ this time again only for further news or no news to bring it down. I believe absolutely firm complete news is required so that when the rise comes it is sustained. I think there will be a Directors’ fear that if the share price goes up again significantly and quickly that a big sell-off could happen. Therefore the news needs to be as solid as it possibly can be to warrant a new much higher level of market cap. So we sit and wait! Baz

Dilution yes...but only 2%. The key factor for me is, will the long term benefit outweigh the cost? I say YES YES YES. This is not only a significant long term deal for the sale of our product in years to come, but owning 30% of the client guarantees the deal and cements the relationship. Win win in my view.

Agreed. I’m going away for the whole of October and waiting for the blockbuster news in November. The problem with our boards is that everyone wants instant answers and patience isn’t a trait most can handle.

just to clarify it’s 3.6m barrels of oil per day that BP produce.

Solo does not want to operate, but we do and will. As their non-exec states in the RNS, Solo is retaining a 4 1/2% share in UKOG because of the “exciting upside potential of the projects within UKOG's diverse portfolio”. i’m very happy in my HOLD position.