Member Info for JiffyBag

Tkr,

What I'm trying to convey, is that I am not saying UKOG will not be another BP, but it certainly won't be as such in my lifetime, :)

Such an aspiration would require UKOG to be another HUR or SXX before such a journey and it's a long, long, long way from that model.

So I am looking at the short/medium time frame for now.

SP IMHO over next 6 months, 10p tops, but would love to see it go higher, who wouldn't!

Can a company buy back shares to reduce shares in issue,just a thought,..GLA

Yes, good example BP and Shell, they sometimes buy back shares in order to reduce their dividend bill , ie less shares in circulation, but unless the buyback is funded out of positive cashflows they may otherwise borrow funds in order to do so. Not sustainable in the long term, BP and Shell have been discussed quite a lot on the question of sustainability of paying their 6-7% dividend etc. All is well as long as the price of oil is what it is today and rising if at $100/barrel great, but nothing lasts forever.

But on the Mcap issue, UKOG would have to undergo a massive transformation in order to get to a £10Billion valuation., it only has a handful of permanent employees ffs. Dreamland.

LEJO,

Currently have 4,705,264,842 shares issued, more yet to come from YA, call it 5 Billion.

5 X £2 = £10 Billion pound Market Cap.

Think again.

Hotstock,

I'll have a pint of whatever your drinking tonight, :)

£2!!, when is that then, 2040?

Soley,

Too in depth for you mate, go to bed.

Kangaroos, with deep Pockets?

Which leads to the question, Who are the honored 611 Million share Placee's at 0.009p a share, courtesy of WH Ireland the facilitators ?

Who indeed? that I would love to know just out of curiosity.

Cannot understand why the 'Public' were excluded.

In fact, from memory, the spike to 11p came first, followed by the TR1 a few days later. On reflection the TR1 should have been issued asap/earlier but wasn't. Why?

The rocket to 11p, ie 31st July 2017 give a day or two either side was purely down to the French , TR1 RNS and nothing more, I know because I watched the short lifespan of the 11p rise on Google Finance. So it was news, and not purely sentiment.

Sentiment has many facets/variables.

The current sentiment driver/variable is the fact that HH has already flowed.

Longer term sentiment is another $64,000 question that can only be managed by solid progress and a respected management team.

In the overall scheme of things, does it really matter what DL says or does?

The project is bigger than he is, the prospects if countered by Nutech and Schlumberger and Xodus are the main drivers here so I wouldn't give too much attention to him, IMO.

The exception imo for AIM companies that are not sharks are HUR and SXX that has itself recently moved to the FTSE 250. maybe UKOG will one day achieve that status.

Bottom line is that companies like UKOG have to raise cash in order to survive. If you believe that UKOG can become cash generative in 2019 then who knows we may well follow the same path as SXX, but we have a very long way to go yet, and that will include further cash raising along the way to a goal of 2019 production..

For myself, what I have learned most of all with companies like UKOG and it's future long term survival is simply this.

Only invest in a company that has an excellent and respected management team, but we have a long way to go for that to happen mainly primarily because of poor communications eg, BB but I can see an improvement as of late and am willing to hang on.

See the latest HH Dev website

http://www.horsehilldevelopments.co.uk/page.php?pID=4&page=Horse+Hill+2018

'We will endeavour to keep you updated on a regular basis, but we thought this information sheet would help you to understand what we are planning to do.'

I think change is happening at long last, albeit slowly, and that change is now down to the fact that we have 'Partners' whom will also be influencing and shaping how the consortium is managed.

UKOG will evolve slowly, SS, may retire after proving his concept who knows? If HH is commercial then that's a very good starting point for moving forwards.

Thread View is also corrupted, Go back a page and it includes many other different shares!

Sort it out Admin!

Thorpedo,

Re:Placing investors.

If you look at the RNS, part of which gives some clues.

QUALIFIED INVESTORS WHO ARE PERSONS WHO (I) HAVE PROFESSIONAL EXPERIENCE IN MATTERS RELATING TO INVESTMENTS AND ARE "INVESTMENT PROFESSIONALS" FALLING WITHIN ARTICLE 19(5) OF THE FINANCIAL SERVICES AND MARKETS ACT 2000 (FINANCIAL PROMOTION) ORDER 2005 (THE "ORDER''); (II) ARE PERSONS FALLING WITHIN ARTICLE 49(2)(A) TO (D) ("HIGH NET WORTH COMPANIES, UNINCORPORATED ASSOCIATIONS, ETC") OF THE ORDER; AND (C) PERSONS OUTSIDE OF THE UNITED KINGDOM TO WHOM IT MAY OTHERWISE BE LAWFULLY COMMUNICATED IN COMPLIANCE WITH ALL APPLICABLE LAWS AND REGULATIONS OF THE STATE IN WHICH THEY ARE A NATIONAL AND/OR RESIDENT (ALL SUCH PERSONS TOGETHER BEING REFERRED TO AS "RELEVANT PERSONS").

ie, PERSONS OUTSIDE OF THE UNITED KINGDOM??

Whom has just been buying a few million shares over the last few days?

Whom might be a Placee that we all know?

I'll say no more.

Billy,

I see that you have upset old Degsy today, you have interfered with his rampathon and selling into the hype, he doesn't like you Billy, in fact he has reported you to Big Brother. :):)

It's like us long term holders are back in 2017, Is it real?, wake me up I must be dreaming.

£1 party as some have spoutedf, that's complete Tosh and they know it.

In the immediate /short term I reckon 7-9p tops.

I'll agree to that, only because that is my average and then I will have broken even. :)

At least Billy is transparent, unlike others? ramping like 5uck and then selling into the rise.

Fantastic!!!!!, now where is Boyzee and Pennydealer?

Jungerns,

Current 'Top of the Pops' is ........ :)

http://www.pumpedordumped.com/rampchecker/rampchecktopramper.php