Member Info for Ilovesushi

Planned placing?

With an EGM asking for permission for authority to issue shares? For God sake VOTE NO.

Watch out guys. All indications point to a placing.

In Australia you can find quite easily on rocks on the surface and or a few feet in with a shovel. You can see these guys on TV programmes searching for Gold. They manage to etch out a living not much more. Yes high grades. Yet non commercial. Do not be fooled that they found gold in the hills. This is just to get excitement up to give reason for a fund raise. No more small fundraises of a few hundred thousand for continuation of salaries. For a mine they need tens of millions. Not going to happen. A hole line of placings are needed to get a JORC or any estimates or reserves. SELL

The company will be seeking authority to issue shares.

Should any Shareholder vote yes? What will they be voting for?

The continued pay of Stephen Sanderson’s high wages for delivering only failure.

And another wipe out. Better let it go under. Vote no. End the gravy train.

Get ready for a massive rise up

60+

100000 BUY

It jumped from 22.p to 24.p

Cant see why we cannot expect the same.

They will show later to hide the trade.

I just put £17,500 that in an UJO for an 8 day drill on 80% success expectation. Then come back to my favourite share of all.

I just put in £17,500. And with an 8 day drill, I expect a good return, and share price of 24 pence at least.

£17,500 buy

UK Oil & Gas PLC (London AIM: UKOG) is pleased to announce that it has successfully raised gross proceeds of £0.5 million by means of a placing (the "Placing") of new Ordinary Shares (the "Placing Shares") at a price of 0.015 pence per share. This is will off remaining loans to Global and Riverfort. The remainder will be kept for the salary Philip Stevenson until the next placing.

Now what is a good entry? Bit lower perhaps?

Those who bought after the last consolidation are already 80% down and are wiped out. Now vote for more authority and be wiped out again by another 80%. Fools and their money are easily parted.

The company will no doubt 100% have as one of the resolutions the request for more authority.

Damn why did Pi give them permission last time? It was always going to wipe out those who voted for it. Do pi ever learn. Now what will pi be doing in the next vote on resolutions? Will they vote yes again? Are they so stupid?

These share issues keep Stephen Sanderson in a job and pay him too much to fail and have a history of failure. They comes a point when it costs very little to Vote NO. Sack the man. Do not get taken in by his Hydrogen Storage business. There is no business as there is no money for it. Unless the man still thinks he can get fools to part with more money? Pi should pull the plug. It costs nothing but will if you vote for dilution again. Damn.

The company will be seeking authorities to issue new shares. And you all know what that means. There are more placing to come. If your not wiped out yet you will be.

When the hydrogen storage business fails as it surely will due to lack of funding Administration will soon follow. The company diversifying is proof if needed the company has failed. News soon of Horse Hill to be Plugged and abandoned as non commercial. Should have announced that years ago.

3.3 Billion more shares.

Beautiful shares. Who is not trading?

“The resolution seeks shareholder approval to increase the authorised share capital of the Company to permit it issue more shares in line with current business development requirements”.

If you vote in favour you are voting to wipe out your investment totally. You vote for more placings.

Notice how the directors do not even hold many shares? There is a reason.

VOTE NO.