Firering Strategic Minerals: From explorer to producer. Watch the video here.
Back on the positive train again Heid after your UJO excursion ?
You know your 'uncle' delivers RNS at unconventional times and will not until the rig and equipment is safely in the secure site. Hopefully today/tomorrow.... or maybe a weekend movement due to escorting/policing issue.... who knows. But we do know it's coming :-)
Absolutely Bridge, I was here when we had up to 3000 post per day and many many more daily trades.
I even paid over 8p for some early shares building my position thinking it was only heading in one direction.
Averaged down now and sitting very happy on a huge loss but confident of the future and the return of the herd buying frenzy days.... several new sites, many more wells to explore and drill yet.
The horizontals will prove the concept, which can then be replicated across the Weald and the IOW...... £££££££££££££££
Nope, the rig arrival is just short term fun for me.
I'm relying on my research that UKOG have a long asset list and the knowledge, experience and capital to exploit those assets, driving huge value for early investors.
The drilling campaign is only just beginning and I'm building and holding for the long term, which will see a share price well north of 10p, 20p....50p etc...... watch it grow, as Sanderson says, into a mid-cap oil producer worth billions. GLA
No, it wasn't worth reading the first time.
Look at the 2016 chart for UKOG and any other oil explorer when the rig turns up.... the herd follow in anticipation of results.
In this case we know the oil is there.... all they have to get right is the drill itself and they have a lot of experience and data on drilling this formation now..... so the herd will be very big and keen to get a slice of it.
Just need to know now that Rig 28 is coming to the Gatwick gusher..... GLA
Great work Bridge... are you able to get down to the site with your guitar to play the rig theme tune as it arrives?
Maybe get a swampy to beat their drum in time too :-)
left WestNewton and they'll want it back on a secure site ASAP.
Who's going to report it's arrival first....... :-) GLA
It appears to be packed and ready to at West Newton according to Twitter video footage.
Is it coming here...... watch eyes twitter feed to be the first to know :-)
The share price will follow.
A few profit takers today after yesterdays trading and this pattern will continue all the way up... it won't be straight line to the sky but it will reach the sky so I'm holding throughout and watching the UKOG story unfold. GLA
Yep, looks like the rig movement effect is kicking in.
Once it rolls through the gates of Horse Hill the company RNS it and we should the SP jump to where it should be.
Then the herd will flood in and the price will rise in anticipation of the horizontal drill numbers.
Going to be a great summer watching this unfold... GLA
Yep, simples. The sold out will naturally focus more negatively than those still invested. It's obvious who's currently out and would prefer to keep the price low while they re-position.
But at the end of the day the herd will come when the rig does as it did in 2016....see May-Nov 2016 chart :-)
Those who are currently out are obviously preying for it not to turn up this week!
It's on the back of a lorry up north though just waiting for it's wide load convoy escort down the road.
The company wont tell swampy when it's coming though for obvious reasons... probably requested by the police more than anything.
They'll want that rig on a secure site as soon as though, rather than sitting around.
Each to their own, but as already said peoples positions are obvious and just for transparency I'm in for the long term and patiently waiting for the drilling campaign to begin.... two years across multiple sites..... bring it on. GLA
Looks like a pre-stampede rumble is happening now though so you'll have to make a quick turnaround on other stocks.
GLA
Yes Heid, you should wait if you are not convinced by your research.
You'll probably be more convinced when the price is higher as everyone becomes convinced together :-)
I do love it when the herd pile in :-)
Good luck with your UJO ride... hope your strategy of selling UKOG for a quick UJO play works out for you and you can get back in here before the big show and the herd.
GLA
Yep, possible rig movement this weekend, RNS Monday morning and share price jump.....last chance to buy tickets at this price :-)
Wouldn't want to be out this weekend..... well someone has to say it :-)
GLA
A rig turned up at a UKOG site. Look at the SP chart two years ago 16th June onwards.
Are we going to get the same summer chart.... looks likely with the same level of activity but this time with much more knowledge and proof of concept.... heading into production wells.
GLA
Thanks Anselmo, that's a great summary. You did miss the sweet spot site though, Dunsfold, for which planning is now in process and expected to be rubber stamped and part of the drilling campaign by the end of the year.
Once UKOG have that rig at HH I expect they'll be keeping it.... lots to do and a huge amount of oil and assets to realise.
Just patients now needed for investors. Let them get on with the work.
No matter how much a company director says they are going to do something the market is not bothered until they actually do it. So let SS get on with delivery. Once delivered he'll be blowing his trumpet far and wide.
The UKOG team now have tremendous knowledge and expertise in the Weald formations gained from the HH and Broadford bridge explorations drills. They are now set to start the production drilling campaign.... exciting times ahead folks. Cannot believe we can all be part of it at this price.
Shares in a company valued at £60m currently but sitting on assets worth £billions !!!!!!
Just need to monetise those assets.... GLA :-)
Thanks Tony, great work.
This new information is confirmation that the wheels are turning away in the background and also SCC has now confirmed no link to earthquakes so the planning should flow through nicely now with swampies having been listened to and now dispelled.
Great time and price to pick up some more.... buy when others are fearful.... so I did.... thanks :-)
Absolutely, Wizard and Nine, 2017 had great news flow over those summer months.
Just like are set up for just now........ a drilling campaign about to start and new CPR with higher figures than originally thought.....What value is that Portland asset ???
How much can they extract per day with a horizontal and the possibility of using fishbones to increase it further ???
The chart looks a lot like May 2017.....that summer was UKOG last drilling campaign and look at the chart while they did that.... didn't end too well but they've learnt a lot from that and have much more data to make the correct calls now.
This summer should be a good one. :-)
GLA
Did you all not see that?
The Portland oil pool is bigger than originally thought and they want to be sure they have the best data package before they start the drilling campaign.
They have the expertise, the knowledge and the data package to make the drilling campaign the best possible.
Another 20 tankers out of the Portland and that drilling campaign will start...... all set for June.
A simple choice for me to buy in and watch this unfold as the wider market gets word of the potential here.
Also, we've seen this week, others are now sitting up and moving their efforts towards the Weald..... there's oil in them there hills.... lots of it.... as UKOG proves it's recoverable, others will want a piece of the pie..... UKOG have already secured the sweet spots though, this is the place to be :-)
ANGS are talking of dividends in the future if they are successful. The juicy dividends from UKOG should be a nice price with the size of the assets and low operating costs. All in good time though.
GLA
Great stuff.... back to two tankers a day it seems.
I need another pay day so I can get more before the next wave of activity. It's all set to kick off any day/week and once it starts we should have a constant flow of positive news for the rest of the year to rebuild to share price.
SS could do a sharetalk chat Mr Lucan of Angus. That was so positive I thought of buying some.... but then remembered UKOG have so much more potential, experience and knowledge. Good luck to Angus holders though, sounds exciting times over there too. GLA
Absolutely Wizard, buy and hold in my opinion.
I grabbed some more.... too cheap not to with such potential here and even too cheap for what they've already achieved!!!
They already have planning for those two HH horizontals.... they'll provide the gravy train all by themselves... no worries... just waiting....patients chaps patients :-)