Member Info for Jacksdad

CC I think you know the answer...but quite rightly let's not accused of ramping eh...

Says to me that someone who regulates either the aim or in Khazak wasn't happy with the original valuation....Clive paid to drop the price and hey ho....deal done. Brilliant!! Who needs a thriller to read.

Really worked beautifully....it now looks like a good deal for shareholders. A5 news next and off we go

someone still selling into every rise....got to coming to an end surely.

Some real value at this price ....1.30 paid looks good to me

I said a few days ago if the bid stays over 1.20...it should signal the end to the selling. I hope it can be maintained

Fizzy I appreciate only profit will define the company and its value. The point I was trying to make is that at some point gross profit from oil sales is going to more than cover the overheads and that most AIM companies tend to fail because of the inability to generate cash....which is not likely with CASP

Dave let's look at what they have achieved Turnover to end of 2016 £1.5m Turnover to end of 2017 £7.75m Projected turnover end 2018 £13m Projected turnover end 2019 allowing for licence H2 £22m That's with no deeps flowing... For every deep flowing add £15m sold at local prices pre licence Nice growth, fully funded and with so much potential upside....

Turnover for this year likely to be £15m....not shabby

ocelot spot on simples!!!

1.15 to sell 1.16 to buy...MMS happy to take your shares

Institutions will only buy in one there is a chance of sustained profits and a dividend. Production and turnover will already be opening the door to conventional finance and therefore future dilution will become unnecessary. Once UKOG start to buy back their own shares then you are holding some golden tickets....say 2020

1.1675 all buys I,ve just had some

Spread small .....large sells gone through... in auction

Theres another £58k sold...

The only reason the SP is not going up is because we have someone selling into every rise. There is nothing tricky about this MMs have shares to sell and whilst they can still pick them up at under 1.20 thats where we are going to be. Watch out for the bid moving up above 1.20...I think that will be the end of of this sell off.

HH is approx 140km square....portland and Kimmeridge payzones could be connected. OIP figures could be colossal and will soon be available. UKOG is now an oil producer, with an ever increasing turnover, stable cash flow and a potential asset that will make this a very valuable company indeed. Today's price reflects the overall sentiment towards AIM shares...all Brexit outcomes are covered as HH either provides energy requirements and tax revenues for the home market or an extremely lucrative export if the £ takes a hammering

So K3 and 4 are the same oil pool and the pool could go for miles...I don't accuse people of being trolls..but negative spin on this RNS is misguided let's say.

It's about finding the best sustainable flow, which factors in things such as gas content...you want the well flowing for 25 years not 10 minutes

Flow rates are being tested using different sized chokes...todays published rates ate nowhere near the full potential...rates of 3500bpd should be more than achievable from such a deep pool of oil.