Continues to spam the UEN board.... I dont think any of my recent posts were anything other than conversational here, so if you chaps could reign this one in...
Check the Ukog rns jsb. It�s worse than that it�s 70 barrels of liquid per day.. possibly as few as 4 of which are oil. You could not make it up.. and it�s still worth almost 70 million. Don�t get me started on that ;)
Mbingo this is spot on. No news is needed here. The board have expressed their frustration at the share price and lack of market recognition for progress. Uen is worth multiples of the current share price based on what we know. Unlike the likes of ukog this is underpinned by the fundamentals which are very strong. With positive news this could be anything. I suspect we will leave this year with the share price at a significantly higher level.
The problem you have currently mike is the mm’s have been well and truelybcleaned our today. 50 shares was the limit at close, it’s usually 10,000 ish. I’m expecting another big move here tomorrow as the undervaluation of this diamond is finally being noticed.
Guys, points noted.. I wont post over there again.. I will not post over there again nor seek any sort of objective answer to why a company which is circa 5 - 8m in short term debt liability with 350 bopd production (promises of 1000 bopd + ) should be valued at a comparative level to another eastern asian oiler..
;)
Lets see if we get any tick ups today..
Chav noted... I have only posted on ZEN though as I put there as I do see the two companies as being highly comparable.. Rather than discuss that though they would rather just say its ramping.. The amount of these that I hold would make it clear I am not in this for the short term...
Apologies Pvz... I do take your point.. I did put UEN out there some time ago as I see the two companies as being similar profiles.. ZEN has just been uber ramped and UEN has not (IMO). Hope you sort the issues out here but I would suggest you do take a look at the 2 because as investment cases I think you will find UEN has huge potential to multibag that is very much not the case here..
GP