RE: tanker out this morning.7 Apr 2020 12:40
At the time of writing this a lot of shares have been held for quiet some time and will be retained as a long term investment ,I've found it very interesting the various tactics displayed by several posters on here ,but one thing is for sure under the stewardship of the current board ukog are attempting to develop resources in the uk thus far that have remained un tapped ,not an easy task and not for the faint hearted ,the cost of drilling in the uk and planning regulation is strict to say the least ,to micro access this process over a period of days or weeks is just not going to display results ,what we could agree upon is this company has over a few year period not only located but succefully drilled and begun the long job of pumping oil on shore ,no man can predict future events ,to have 2 major events unfold at this same time will take the wind out of anyones sails ,the oil price being effected due to over production then effected due to lack of demand in quick succession un heard of ,then on top of that a world wide virus effecting peoples movement ,the biggest nation oil buyer coming to a stand still its the stuff of fiction ,but its all happening in real time in front of us ,to private share buyers in this company i would say hold your nerve ,but patience is the word there's only so far the tide can go out before it must return ,hope you all stay safe .