Member Info for Ghrtrader

I'm a long term holder and and value technical analysis equally to fundamentals. Im in this for the long term with 1st targets in the 15-20p range

We're up over 200% since November , very overbought on the weekly and daily chart. I can see the potential for a drop further before we continue our rally. I wanted to post this for anyone new to investing so they don't get shaken out of their positions if we drop lower. I think there's a reasonable probability we may head back towards 4-4.3p. This is a 50% retracement of our most recent push since nov and a 38.2% pullback from the lows in march.

This is purely off the charts and the next level i will look to add to my position. If we push up from here i will equally be just as happy as have a large position in UOG

Big strong break and close about 5-5.5p yesterday.

Next resistance zone 6.3-6.5p, we may see a test of this today although we are very overbought so I am expecting a small pullback shortly, possibly back to c5.5p and an ideal time for adding more

Overall we’re in a very strong uptrend and I will be adding on any pullbacks.

Been invested since 2017, and buying between 1.7-5.5p. Very pleased with progress and was happy with yesterday’s presentation.

My personal 1st target is 15-20p, large range but will see how price reacts at these levels. I will then leave the rest long term and follow the story closely

The devaluing of the $ with the next stimulus package should be good for oil. As oil is priced in $.

The first bounce from the lows last year was a few weeks after the shot of stimmy.
See my older posts, we could see oil rising to all time new highs especially with the control on supply and demand increasing over the months as vaccines rolled out

This lined up with all the news due this year could be the perfect storm for small o&g companies in strong positions like UOG

I think it’s quite possible will see $75 oil in the next week/s

It wont be long before the herd come along, 1 successful drill that can be put into production immediately, followed by ASD-1X which has spudded followed by AJ-8.

On top of that awaiting oil seepage report on WM, italy coming into production H2 and crown payment due

This should FLY!!!!

#UOG CEO Brian Larkin: "There is considerable exploration potential in the Abu Sennan licence... it is also very pleasing to have confirmation of the drilling of the AJ-8 development well immediately after completion of ASD-1X."

in CBX but also taking a position in Ananda Developments on Aquis (dont think its been getting the coverage as its on a not so familiar exchange), they have an early start with an application in to grow medical cannabis in the uk from 2019
Theyve JVP is JEPCO who managed the growing for GW pharma

Definitly one to watch in this space 7m mcap

Bebeto, why RDGC? seems to be a lot of tr1s flying about, whats the story here?

above 4.30p, Onwards and upwards

shares in Ananada with 88,888,889 3 year warrants.

Ananda up 500% already, if it gets its cannabis license will multibag from there.

HUGE if, but if they can do something with ananda, URA are the biggest sgareholder, get us re-listed and wwell not be in a bad situation

The real inflation wont come until lock downs are lifted, printing money doesn't actually cause inflation on its own, the velocity of money causes inflation, how quickly the same unit of currency goes from person A to B to C through the sale products and services. When people start spending again and you have more currency units chasing fewer good and services (lockdowns destroyed business and reduced velocity) we could see inflation.

As I said last week, looks like we have broken the neckline of a weekly inverse head and shoulders pattern. I’m hoping we test 4-4:30p next week or following. H&S is a strong reversal pattern
We need a clean break and close above 4.3p in order to break the weekly bearish trend.
However The daily trend is clearly bullish with an important close on Wednesday

The technicals are looking good and with strong fundamentals hopefully all the stars will start to align

There isn’t many companies on AIM who have their finances in such order, usually dilution of shareholders is a common theme, not here!!! Brian, being a chartered accountant understands money, cash flow, how to build a strong viable company from the ground up.

We are earning $m a year with huge potential from just Egypt alone. We aren’t relying on 1 wildcat drill like many oilers on AIM although we still have the upside from such a project in our Jamaican asset.

This along with #FXPO are my largest holdings

Reached TD 5 days ahead of schedule and under budget.

This is very positive and any once tested can be brought online immediately through current ASH facilities

BRENT $63

Good solid close on weekly chart this week and last. No exacts in technical analysis but could argue an inverse head and shoulders on weekly, if neck line is at highest closes, we have broken the neckline. This could potentially lead to a solid move upto 5p

Brent $61, the disconnect here is huge. Ill be topping up this morning

US about to deliver another $1.9t stimmy package.

Said it before and ill say it again, i think we will see ATH for oil

75% of my stock portfolio is weighted towards oil and miners

Interesting as he owns 2.81% in shares, 0.73% is via a spread bet

I wonder if he even had to notify the market? TR1 is for when the 3%+ threshold is crossed. SB you dont own the underlying asset, just a point?

From looking their well known oil investors and have taken a position of 3.54%. This is very positive news.
I haven't seen there names as holders at all, i wonder if the price has been held back so they can fill their order at below the placing price, fully illegal, impossible to prove, but connections and money talks

i completely agree myfirstmillion. The 'this is all jam tomorrow' is absolute garbage. We have come out of one of the worst stock crashes in history, oil prices gone negative and still churning a profit. CV has wiped out a huge amount of businesses and yet we are here pushing forward, fully funded.

The business model was always generate income, become self sufficient with no one make or break asset and a balanced portfolio of production, development and new discovery.

Im extremely happy with what BL has delivered. The share price is down to the free market and BL has no direct influence over it

Good RNS, solid for holders but was expected

Wouldn't of expected a huge rise off the back of it

Hahah would love it if they focused their attention here