Member Info for HATS

What has to happen to change the sentiment here. The news over last few weeks have been transformational enablers for Ukog and no favour evident in the market. If this has to wait 60 days then so be it. What SS has done, albeit diluted value with shares, if the flow rates achieve and exceed his projections, Ukog will be firmly on the map and perhaps a sitting duck for a major to acquire. Continued patience required as this will come good at some point IMHO. ATB

Shame on timing of this when announcing spud. We have YA converting at a ridiculous rate. It is simply further dilution. Sanderson, start buying these back when production starts or investors are not going to see anything for their investment as share volume gets out of control.

Confirmation that the spud has been completed can't be that far away. Could it be over next 24/48 hours?. Then let the 60 day show begin. Massive time for Ukog at its HH asset.

surely must change from here on in. Three major milestones over course of the last few weeks and importantly drill has arrived as per SS revised view of late summer. It's here and coinciding with a convenient date post additional wells approval to ultimately save cost. A spud and off we go, still flowing at the Kimmeridge meantime. Very exciting times in ukogs history.

To long term oil production begins........who would have thought all those years ago. Brilliant SS and now huge stake in HH in time for this event. This has what we have been waiting for.

It's a tough nut to crack. With all the good news of last week we are sliding back on the anticipation of the rig. Have seen on others, rig approaching does wonders for the sp. the rig on here unfortunately started getting mentioned months back and we still await its arrival. Certainly causes the eye brows to be raised and market I think has become impatient of all the excuses. I am sure when it arrives and the drills start and waiting period begins on results, the rollercoaster will be out and it will be a pretty frantic ride, hopefully coming off the rollercoaster delighted!!!. Patience is going to be required here as straight lines don't happen with Ukog. ATB

At some point this coming week or next. The news here has been transformational and imminent arrival of the rig to start drilling the two wells. Increased flow, more tankers, CPR being announced and the Kimmeredge confirmed as commercial as I recall only Portland has been officially blessed with commercial status. An abundance of updates to come so let's bring on the rig. ATB

No move, no move, no move ............in sp

Two transformational RNS issued and we are flat......come on market pull the other leg. Something must be getting filled that perhaps is rather large in size!!!. Absolutely brilliant news . Rig next and start the party and the drill........

Since we have seen 35m traded in first 30mins of trading. SS plan all coming together as he probably anticipated. Potential for a real turn around this week in the fortunes of Ukog. It's taken time but the pieces have been put together quite amazingly here particularly after BB. ATB

Slow trading indeed!!!!. Did not expect these ridiculously low volumes when things are so imminent. Guess the patience needs to continue as next week is hopefully the week of the year for Ukog. Maybe I should pocket a few more before then at such a steal at 1.1p (naughty ramper.....). ATB

Think it's time the MM's stop holding the sp back............

Apologies Ohmetoe for typo in name

Ohmeroe, it would make absolute sense for SS to manage in a way that brings all aspects together from an effective and economical perspective as he can then advance Ukog at this critical time as opposed to a start/stop and burning unnecessary cash and experiencing further delays. SP has taken a bit of a battering due to delays but we should begin to see this change over the course of the next 5-10 working days. It has been a long journey to get to this stage and exciting times now arrived. ATB

We have £5m cash and £3m in shares to pay when acquisition concluded. Let's say at 1p a share we increase share volume by 300m shares.
We then have a further £3m to pay in shares for 31/12/2019- trusting SS expects sp to be multiple of where it sits now. So let's say 3p as HH as outlined in RNS is designed to be in production by the end of this year we look at 100m shares to be issued.
We then have a final payment of £1m in shares by 31/03/2020 which I am sure many here will want to see sp at 10p which will equate to 10m shares.
Overall dilution for this deal is ok, with the biggest hit being first payment. Shame so not pushed higher. Maybe SS stalling to get sp up with rig arriving to drive down number of shares to be issued.
Theses will be based on X day averages leading up to payment dates and we ultimately run the risk of sp not performing how we want it to perform, but based on what we know so far, IMO, expectations are that the sp will increase.
Has it been a shrewd piece a business for £12m when Ukog sees its return increase by 69%, I certainly hope so.

Give or take 2, 348 even!!

That's it Seadoc, give or take 2,349 shares!

And sp didn't even flicker. Encouraging to see the buy on the back of £4m yesterday. A stake being built and hope more of these buys to come. No doubt MMs in background working to their cunning plans - time for this to pop imo

The BID price from 1.025p to 1.026p at close....come on mm's bit of a joke, especially after a 4m went through without a blink of an eye.

Keeping the suspense going. The longer I am in here the more convinced I am that SS has played his hand very cunningly, stratigically and conservitively, to develop and grow the assists of Ukog. What's on the horizon is quite remarkable from the disappointment of BB. Intermittent delays appear to be down to the timings of negotiations to happen to make Ukog prosper. I think delays have opened doors of opportunito and SS has pounced as he had the big picture drawn in his top drawer. A surpressed SP has probably worked to his advantage to negotiate deals cheaper. All IMHO of course. Eyes peeled