Member Info for happy_hatter

Nice start to our 4 day week. The 6000 x 4 buys has kicked things off.

I think we are set to break 220 pence next week. Remember its a four day trading day next week. Have a great Bank holiday weekend all.

Volume has surpassed 80,000,000 for the day Latest buy was 2,500,000 at 2.168 pence AND Brent ticking up nicely to $74.8

Also the 5000 size trade has been a continuos feature in the past week. I hope its an II topping up like Schroders, who did so a few months back.

And a 3.5 million buy

81,700 pound buy just gone through at 215 pence. I am amazed they could buy that much in one go unless it was a worked buy order.

I have been adding quite heavily over the past couple days. Now really is the best time to buy while it is relatively quiet and before any expectation or hype is driven into the share price pre drill which should happen in August or September. This share does move fast on small volume so when the market wakes up to JOG it should be very exciting.

Managed to buy one lot and now looking for the next. I cannot even get a quote for 100 shares. This stock can be very illiquid at times.

Im trying to buy but cannot get a quote.

Watching2 - it will go up eventually once the placing churn gets out of the way.

Watching2 - share are being sold from the placing. It is as simple as that. With 25 million pounds at 16p I fully expect the shares to hit that or lower.

coconocchio - I agree, placing shares are being forward sold now. It happens all over AIM. 17p is about to be broken and I still stand by we will hit placing price of 16p. Placing price is reached is 95% of placings in my experience.

I believe it will hit placing price. Out of the 25 million pounds raised you must expect about half of that to hit the market for 10% or less. We will see a steady climb back top to highs after that.

Steve Staley, Upland Resources Limited CEO, said: "The Convertible Loan Notes Facility provides Upland with added funding flexibility at low cost and minimal dilution to existing shareholders. This flexibility allows Upland to pick the right time to draw funds and in amounts that can be matched to needs. The Board believes that this Facility compares very favourably with other arrangements currently available in the market that seek to provide the same flexibility. It also serves to underline the commitment of our cornerstone shareholders to the Company."

ajax62 You keep reiterating the same points about 'switching off' and 'bottom drawer for 5 months'. You sound very bitter. Listen to your own advice and come back on here again in August. Meanwhile, I will continue to be patient and add at these levels around the placing price.

Verbier will be drilled first out of four. So its likely action will start on Verbier in July.

Now investors can settle down. The contract has been signed. The rig will be delivered and Stat Oil is making great moves for this to be a success. It was in their top 5 discoveries last year. I am expecting a re-rate back to 250-300pence now in the coming days and weeks.

For 1000 shares I am getting 209.99 pence. Come on market makers, play fair.

Up 5.69%

Excellent interview thanks for posting. He says 'the industry is a lot more excited about Verbier than the market'. It just goes to show we have some catching up to do.