Member Info for Ibug

Never believe anything they say. I certainly don't.

https://ibb.co/xGCwNd0

Ocelot

What they owe to ALBA and DOR will soon be more than the MCap. What do you have to say to that?

VAt 30 September 2022, the outstanding loan balances owed to HHDL’s shareholders were; Alba Mineral Resources PLC (Alba) £2.54 million (2021: £2.52 million), Doriemus PLC (Doremius) £0.57 million (2021: £0.57 million) and UK Oil & Gas Plc £16.59 million (2021: £16.03 million).

The loans are payable on determination by the Board of HHDL. The loans currently attract an interest rate equivalent to the Bank of England base rate, which was 0.1% during the year.

If you take into account the £900k they are paying Portland every year they will be taking that extra £2m from YA sooner than expected especially as Brent has taken another tumble.

Ocelot

Where did you go to school? It is over 10% of their MCap. Add on what the paid ALBA and DOR (about £800k total) and I make it over 12%.

And this is why you should never believe what UKOG say.

https://ibb.co/5rF3SS2

What a load of BS and the suckers fall for it all the time. Good luck to them and their losses.

Ocelot

Less than 5% is certainly partial.

Why try and make it any more than what it is.

I know it is coming up to Christmas but that is stretching wishful thinking's too far.

But how long will it go on for? ocelot can spin it as much as he likes but the SP tells the full story.

Facility Summary:

· 3 committed tranches: £2 million receivable no later than 2 days after completion ("First Tranche"), £0.5 million receivable by no later than November 17th 2023, and £0.5 million receivable no later than February 16th 2024,

· Further advance of up to £2 million by mutual consent,

Ocelot

What world do you live in?

That is less than 5% of what they are owed. That really is going to ease the way in isn't it.

Credibility? What a joke. That must explain why only between 0.5 and 1% of those who view their posts on twitter give them a "like".

A SP that is near the bottom of AIM supports the view that this share has no credibility whatsoever.

Stockraiser

I don't play the NYSE that much.

Stockraiser

WTF are you on about? Who is DIS?

Adrian

You would be surprised where I own shares.

EndGame2

Stockraiser

https://shareprices.com/lse/bp./

Perhaps you should buy real shares instead of Mikey Mouse ones.

I see UKOG have kept up to date.

PS the majority of my shares are with my in share an overseas account but I won't be buying here until DSF and the next stage is announced..

Perhaps it is the wrong shares you are watching.

https://shareprices.com/indices/ftse-aim-all-share/

UKOG

@UKOGlistedonAIM

UK ENERGY STORAGE LTD: Portland Port hydrogen storage business gets significant boost in the space of a few days after positive discussions with two of world’s giant trading companies, Japanese Sumitomo, and US ExxonMobil. The countdown to lift off begins … #renewables #energy

Adrian

And you are wrong as usual.

From "https://pennpetroenergy.co.uk/wp-content/uploads/2023/10/Pennpetro-Energy-plc-31-March-23-signed.pdf"

page 3 so you wouldn't have needed to look far to find it.

"During the reporting period, the Company expanded its capital base by the placement of 1,166,667

ordinary new shares to raise £350,000 (gross) during March 2022 for additional working capital

purposes, and the appointment of Peterhouse Capital Limited as our corporate broker. We also

agreed the appointment of Zeus Partners as joint broker and financial advisor."

£, not $.

Yet another case of you not doing any research. Very symptomatic.

Must be really difficult to catch the tankers coming out when there are only 5 a month.

Wear it with PRIDE.

Typical cliché from Richard Head. All time low yet again. That is the 1st but bet it won't be the last this month.