Member Info for Insidious

1.45 - 1.55 :-(

I want to pay my Mrs off...

one MM Ask 1.65...

Might be a BPC....

Personally I would do your own research....

I saw ANGUS at 7p and did not take it....

Please Lord let me see my average again and I promise never to trade on AIM again and attend church every Sunday...

Please Lord let me see my average again and I promise never to trade on AIM again and attend church every Sunday...

Buy Volume 77,363,294
Sell Volume 49,156,760

Total Volume 130,607,333

140 - 145

Buy Volume 48,530,341
Sell Volume 24,645,919

correction 150 -160

155 - 160 never thought I would see that again...

Shares in the company behind the “Gatwick Gusher” oil find fell by more than a tenth as investors appeared underwhelmed by an announcement that it had produced $1 million of crude from the site. UK Oil & Gas Investments (UKOG) hit the headlines in 2015 when it said that drilling at Horse Hill, Surrey, suggested that there were 100 billion barrels of oil under southern England. Yesterday it revealed that so far it had produced a more modest total of 13,920 barrels during tests this year, but insisted that this “firmly establishes Horse Hill as a commercially viable oilfield”. The oil was taken by tanker to BP’s Hamble oil terminal and UK Oil and Gas said that gross oil sales revenues were now $1.1 million. Stephen Sanderson, its chief executive, said: “These ‘hard fact’ production numbers, together with the million-dollar sales, mark the most significant milestone in the company’s short history. The company will spare no effort to push Horse Hill towards full time production in late 2019 [or] early 2020

A few buys coming in now Ask @170

160 - 165 unbelievable

ANGS will fly on the back of our RNS...

Q. How come the congo line kept breaking up at the daytrader's party?

A. Not many of them were willing to go long.

Oriole Resources, the AIM-quoted exploration company operating in Africa and Europe, is pleased to provide a positive update on its appeal against Her Majesty's Revenue and Customs ('HMRC'), after it was asked to pay-back £557k in reclaimed VAT last year (Announcement dated 27 February 2018).



Highlights

- HMRC has now accepted the Group's activities in supporting its overseas exploration are an economic activity for VAT purposes;

- The £557k provision made in the 2017 financial statements is expected to be substantially released although a partial restriction will apply going forward in respect of the Group's activity in Turkey;

- The quantum of the partial restriction is subject to ongoing discussions.





Oriole's CFO Bob Smeeton, said: "We are pleased to have reached agreement with HMRC that the Group's activities to support overseas exploration are an economic activity for VAT purposes. Whilst there are still ongoing discussions concerning the restriction relating to our Turkish activities, it is excellent news as a significant proportion of the 2017 provision is expected to be available for release in 2018."



Further Information

As reported in the Company's 2017 Financial Statements, HMRC had ruled that the Group's activities of supporting its overseas exploration operations could not be classed as an economic activity for VAT purposes and subsequently demanded that the Company pay-back the VAT reclaimed in the UK from 2011. This led to a provision of £557k in the 2017 Financial Statements. However, the Directors appealed this decision and discussions with HMRC throughout 2018 have reversed this decision.

HMRC has now accepted that our activities are an economic activity for VAT purposes although HRMC has advised that a partial restriction to our activities in Turkey will apply. The quantum of that partial restriction is the subject of ongoing discussions between HMRC and the Company's advisor, BDO UK LLP, and consequently the scale of the release of the £557k provision made in the 2017 financial statements cannot yet be quantified. The next update on this is expected over the next few weeks.

Almost jumped out of my skin seeing the heading RNS...