Member Info for FootieladBaz

irrespective of HH we were bound to rise here with so many consecutive days of buys outweighing sells. Long my it continue!

I like the line...."The disposal should generate approximately $2.1bn in cash, the substantial majority of which will be available to deliver as returns to our shareholders."
That's got to amount to a bumper payday to us.

Welsh there is no capital gains just for holding the shares-only when you sell! You can decide how much you sell of your wife’s portfolio. And if she is a low rate taxpayer there’s plenty way to go for paying only a 10% rate so the choice is yours but only on the point of sale. even then, you still got many months before you have to pay this years tax! as for me, I’m hoping to pay plenty CGT, because that will mean I’ve made plenty!

Sting69 - NO fracking required for the removal of our oil. Please don’t mislead people if you don’t fully understand the geology!!

with an extremely heavy heart after several years here I have had to bale out this morning and take my £132,000 loss on the chin. Terribly sad for the boys and from an investment point of view I have to try to make the remaining money work for me - not wait until possibly something comes from maybe something else in 2019. I wish everyone here well and thank them for their inciteful posts over the years. Best wishes, Baz

i’m very pleased the series of earthquakes around Gatwick has hit the news today. Otherwise it would be SO easy for certain locals to blame UKOG for shaking the earth during the test drilling period!

Answer....”hard to say...result dependent....we think we’ve got real potential. We are out in the field...there’s going to be a lot if news out in the next few months”

I have asked what market cap Alba hopes to see based on reaching various landmarks. Let’s see if it’s answered!

there will be a shareholders getting to know you meeting late July in London. details to be released soon

“Our expenditure is principally falling on 2 areas... Horse Hill doesn’t come cheap but is fully funded for the 150 days....Black Sands...should be prioritised and won’t be so expensive to achieve test results”

“we would have wanted our share price to be more advanced at this point...we’re on the cusp...we’re at a key phase”

see last RNS for details

i’m in and waiting. Baz

Clearly they believe that they will receive FEWER shares for their money if they leave the conversion till later...hence lots of conversion NOW. Looks good for their vision of what must be thought to be an upward share price move. Baz

so here i am waking up in a hotel in Winchester after a birthday night out nursing a £130k and growing loss thinking how stupid am I. i will continue to hold as there is hope with the other possible drug pipelines. Sorry to all like me who were hoping for the opposite outcome. We’ve been together on here for years. Best wishes to all. Baz

so now the glitch or hack is over and resolved...let’s focus on getting our results soon so the sun doesn’t just shine outside!

I rarely post here but thought i should have my say. i do not have a problem with these RNS x 2. Firstly the institutional placing. It was needed and will provide funding...for. a while. If institutional investors have faith then we should too. Dilution of an eighth of the value of the company should not be a worry if you believe the company could be massive with the current valuation paling into insignificance. If you accept that the planning will expire before work starts then an application for an extension seems organised rather than acting n a panic down the road. So to me seems like good housekeeping rather than bad form.

i agree with everything that has been said but i have the feeling that our treatment for Gonorrhoea could blow everything else out of the water. i sense that HMRC is going to collect a hell of a lot of Capital Gains Tax from me! Forget the £20 party I could see a 100 quid party by 2020! GLA. Baz

This is very good news. Tidying up of the balance sheet. Barely any dilution for shares priced well above current price.I have no idea why the price has dropped. Another example of MMs not reading the RNS properly perhaps? Let's move forward for some decent results in the not too distant future hopefully.

I too bought subscriber shares and see this as a really excellent long term investment. As new technologies evolve for batteries, Gore Street Energy will be primed to invest in those companies at the forefront of these advances and I look forward to being a part of this for years to come.