Member Info for Gerry65

This one is in a ftse relegation fight with mks and svt. It's all very tight down there.

This one is in a ftse registration fight with mks and G4S. It's all very close down there.

Sinceiro- nothing to suss out my end. I am glass half full on ukog - think you know why and what my views are - am sure you don't want me to type them out again. Seems a pointless exercise anyway as you rarely answer any questions with cogent replies when I ask for your views directly. Normally all that comes back is an insult - my general reaction is to to smile waiit and ask my pertinent questions again ! I recall someone suggesting last Oct that my glass half view comments were an attempt to buy in at less than 2p. When in actual fact I could sense the hype bubble and merely urged caution. My answer at that time was that if the sp did fall to 2p it would be for a very good reason, and I naturally would not buy in. It's been range bound for some weeks now - nothing to do with any posts from anyone on here, it's due to sentiment. I am not looking for a particular buy in price. I am looking at facts to prove the case together with funding. I don't need a 2 / 3 /4 bagger, I also don't go looking for them.- As i have explained to you I am not risk adverse, think you know I have invested in at least one aim oiler, not saying it's been a smooth ride over there either had to trade on the dip to get to b/ e at 17p. There are several over on that buliton board with a glass half full view. It does not worry me - i don't post rude comments - I sit and wait. You see I invest for the long term!. Hopefully we get spikes this summer - which will allow those under water to decide on their longer term position on ukog. If some hit their buy in price they may stick and hold for the longer term or sell and re coup their paper losses. At least they will have the opportunity to make that decision and that will be a good thing. I see posts to the effect that it's going to fly soon here - that's as maybe but at the moment no one really wants to put big bucks in as can be seen from trading volumes - also there is little selling too those that are in are in and sticking with it here. But will they sell out quickly on a 20% or 20% rise?? Ah human nature - who knows !! I remember miggymom at Xmas talking the long and strong talk - but he jumped in mid Jan taking his day trading profit. Left baits and marky looking round for where their new best friend had gone !! Trust no one on here !! apart from YA. Everyone is waiting for news. It will come and the bun fight will start again. I'll keep my weather eye on funding and cash flow. We are all different we all do things differently. Ps if you don't like my view or my posts you are more than welcome to filter me buddy Gla

At 3.10 it's got a market cap of just over �5 BN Both G4S and seven Trent are below it at the moment as I type but it's a real dog fight down there. I am quietly confident it will remain but things could quickly change. I understand how relegation effects shares in terns of tracker funds. However both bab and mggt fell out and both are doing very nicely In the 250.not a recommendation by me btw on either share. Just to say there is life outside the ftse 100

Orson - nothing wrong with allotments or sheds lol Also pigeons generally know which direction to fly Not sure about the meths though

Heid am fine am still chilling at the pool am still in Morocco - flight back Monday Eve.

Tomsie- did you read the timeframes for the planned phasing for EWT, at HH on the HHDL website ?

Heid that's because I am extra polite

Heid - am not even sure if your last post was directed to me - if it wasn't I apologise. If it was you have totally lost me Who knows ? Just like the guy in the Aviva ad says - nobody knows !

Heid - thx for the advice - maybe a little patronising but hey ho we probably all draw our own assumptions as the person behind the posting. I guess my posts led you to throw in your little quip. Regrettably it probably hasn't helped anyone in deciding their investment strategy here - ie hold / buy / sell.

Eddie thx for that very helpful - appreciated.

Heid - no white stick - just a guy that drills down to facts. I accept that may make some who are invested a little uncomfortable, but make no apology for that. It's up to the converted to convert me and others. Ukog will need new investors otherwise who will present holders sell their shares to when the time comes for them to get out ?

Heid thx for your reply!. Again don't worry about short term spikes if you are in for the long haul, think further forward to Q2 end 2019 and beyond. Stick to facts blank out the hype - it was hype that got a lot of people in trouble last time round See my latest post to sting - it's up to the glass half full to convince the glass half empty to invest. Gla

Hi sting We all have different views, I am yet to be convinced on a number of issues that is true. I have said before I think Ukog could become a nice little oiler producing decent hope. Not sure how it gets to national significant without infrastructure which is very costly. I also accept I have a glass half empty viewpoint, with that in mind surely it is up to all with a glass half full viewpoint to post facts to back up their views. I know you are invested and yes I am not convinced as yet, and why should I be based on the money spent at BB for "info purposes" so I am now let to believe. How much do you think had been spent at BB to date ? I post facts - there is still �4m for YA to clear through. I have suggested that the interims r n s will show cash burn position. I suspect BB problems will have impacted on the bod's original cashflow forecast when they first arranged the YA finance last Nov. SS has stated more funding will be necessary to take ukog through to commercial oil production. Now the first phase of the EWT looks planned for 210 days - and imo that will put pressure on cash in bank. I am sorry you don't like what I am saying and you have every right to filter me. In the land of the blind the one eyed man is king !

Eddie :- thx for that -am guessing that as you decided just to post the link rather than confirming timeframes on here, the timeframes on HHDL are accurate. Many thanks for your help Cheers buddy Gerry

Heid thx for your reply - I saw Eddie's rep!y too and have asked him for clarity. You mentioned tankers lol There will be spikes during the summer on oga / rigs ( hopefully not lay byes, flags ,platforms etc ) tankers - surely that's a given. It will allow day traders to return and p!ay the share. It will allow YA to pass on more share to pi's It will allow some to escape from urder water positions - hopefully. There may be more buy in opportunities too ! But surely as a long and strong long term holder none of this should matter to you unless you are are also hoping to sell out on a spike. Surely All true long term ho!ders should be considering matters into the medium and long term. What will the summer 2018 share price matter whether get to say 2019 Q2. It will be history. What will be important then is proven reserves / financing and long term planning. Gla.

Eddie thx for that - sorry I recalled you went with someone - guess I just assumed it was heid. My mistake. I am not sure where the 150 day testing figure came from. Have you read the reported planned phasing times on HHDL, are you saying they are wrong or correct ? Maybe to save everyone time you could detail what was submitted on the transport management plan to planning. Just for helpfulness speed and clarity o!d chap. Cheers gerry

Tomsie. - Thx for the advice DYOR - very helpful cheers buddy . But you also thought HH flowed daily at 1688 last time round ! How many days did you think it flowed at that rate last time round ? It was an extrapolation- only 1940 barrels got to market over the who!e of the testing period an average of 47 bopd ( one third to ukog ). Where did the rest of the oil disappear to ?? The funding YA funding was arranged last Nov. After the may 2017 �6.5m placing had been quickly spent on the licence shopping spree by SS That YA funding was originally planned to last 12 months. ( Regrettably if you read carefullyf previous financial statements by this bod they anticipate monies will last longer than they normally do in reality). The problems at BB will have had an impact on financial projections. Let's see what the cash burn looks like when it's reported on the 30th June shall we ! All we definitely know is there is still a �4m debt for YA to pass through to pi's. Any thoughts on the timeframes detailed on HHDL ? Gla

Heid our posts crossed As you were at the AGM - and I believe Eddie mentioned he talked to SS, could you clarify the timeframes for the extended phase 1 EWT. An EWT through to year end and beyond, will have an impact on financing. I welcome your thoughts.

Heid you were at the AGM. Any thoughts on the phase 1 - 4 timeframes as detailed on the HHDL website ? Many were quoting 150 days - Eddie mentioned SS suggested numerous r n s would be reported. He 210 days is being reported just for phase 1 EWT. Would came out at the AGM??