The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
I hold both
Both have same MC
The difference being UOG is producing lots of oil
We successfully integrated our Egyptian assets, delivering average 2020 working interest production of 2,195 boepd, creating revenue of c. $9.0 to $9.2m (net of government take) for the ten months since completion of the acquisition.
UKOG is producing disappointment
https://www.lse.co.uk/rns/UOG/fy-2020-trading-update-and-guidance-for-fy-2021-5x0jcfmyk4ao5pf.html
UOG producing and self funding new wells same MC as UKOG
https://energyegypt.net/tag/abu-sennan/
Still a good read
https://energyegypt.net/tag/abu-sennan/
Global pigment producers have indicated that the strong recovery in demand seen in the prior quarter continued through the December quarter and it is now estimated that global pigment production and titanium feedstock demand in 2020 exceeded that of 2019.
In response to the improved demand, western pigment producers have been ramping up production rates from late in the prior quarter and through this quarter. Chinese pigment producers have continued to operate at high output rates as the domestic market improves and high volumes of pigment exports are sustained. Globally, pigment prices have been trending up through the quarter.
Demand for ilmenite as a feedstock for Chinese pigment producers exceeded supply through the quarter resulting in further price gains for ilmenite. Ongoing strong demand and constrained supply will maintain a tight ilmenite market through the March quarter and is likely to result in further price increases.
https://www.gemdiamonds.com/investors-shareholder-information.php