Member Info for goldforefinger

1.75

Don't get to hung up on YA and what they are selling or what we owe them as the numbers are tiny and normally used to create a negative feeling.

We owe them approx 4mil, and this will either be paid for in shares or ££, either way the numbers are small for what is likely to be a very impressive balance sheet in years to come.

GLA

I think HH planning was rescheduled 5 times so its not a concern and just a matter of time.

All good here and going according to the SS plan

The RNS is concerning the Portland as there focus at the moment, and within the RNS it clearly states that both Portland and the KIM will be in production by the end of 2019.

They have something much bigger then expected with the Portland.....

Spot on - He knew all along...Blinder being played IMO.

IMO SS knew this along and was just waiting for the right time to make public - 86% is now the right time and if this was poker UKOG would be a royal flush.

Great news and my top up today could not have been timed better (at last)

GLA

Why sell then, when Oil prices only increase after such incidents?

Where has this come from?

20%, 50% not a chance as this will be 3/4p within the next 12 months

Lets hope FAT wallets are not far behind!

I'm so confident Ive just purchased another 1m shares. It might go lower but IMO its just a matter of time for a real rerate.

GLA

Only listen to facts and DYOR.

I very much doubt that we will get an RNS, as it has already been stated in previous RNS that the rig was going to arrive before the end of September.

GLA

Lets see shall we ;-)

GLA

oilybloke - Maybe but almost certain tomorrow 08:00/13:00 - Then it gets interesting.

This weekend.

Simple maths for the Diane Abbots amongst us:

1 Well = 2 tankers per day (440bb)
2 Wells = 4 tankers per day (880bb)
3 Wells = 6 tankers per day (1320bb)
4 Wells = 8 tankers per day ( 1760bb)
5 Wells = 10 tankers per day (2200bb)
6 Wells = 12 tankers per day (2640bb)

Of course planning prevents more then 16 HGV moments per day, hence the additional and increased storage tanks.

What is not to like?

Gold - GLA

Another top up made.

GLA

I don't think anyone has forgotten YA, Why would they? YA are a simple means to an end, and not some death spiral that some derampers claim.

Onward and upward.

GLA

10% increase in oil.

Isn't it funny how some people cast doubt over the RNS just in an attempt to get in at a lower price, Yet months ago were singing UKOG from the rooftops.

Whatever you do make sure you do your own research and only invest what you can loose, Saying that I'm heavily invested here and IMO only see success for UKOG, UK and the PIs.

Topped up yesterday and will continue to, as I think 2p will be reached by October then production doubles :-)

GLA