TH2 Are you implying there won't be any more dilution when the open offer shares, if any, hit the streets. Would you put money on the SP not dropping further than 0.174?
That will cover the 2020/2021 bonus. Over 18.5bn shares in issue if they are taken up. Will need an awful lot of sentiment for it to ever get to 1p again imo.
Old news is not new. They hadn't even started drilling when that picture was taken. If you are going to ramp at least make it believable and not full of holes.
Tony Oil floats on water so why did they find water in Basur-1. It appears it was about a 50% cut so quite significant and they didn't put the well into production even though the extrapolated rate was 2000 bopd over a 6 hour period. Now that is some test they carried out!
Tiddles Perhaps you would care to give an example of "XR chat" because I can't say I have seen any. Perhaps it is just your imagination like the numerous other posts you make that have no resemblance to the real story going on in Turkey and the rest of UKOG assets.
The wells to the west produce from the Garzan. East Sadak field produces from naturally fractured Cretaceous Mardin limestones. The previously drilled wells in Resan/Basur went down to the Mardin. Prospect A failed to find oil in the Garzan.