Member Info for JiffyBag

Whats the latest with site news on HH, thanks in advance.

Wiresphil, I don't care about the loans/Conversions as they are all for,'Working Capital' What I do care about is an 'Update on Where we are' as at the 21/05/18, well overdue!

Wiresphil, Re: How would you have any idea of what SS has been doing for the last 2 months Excellent question! Do you not think however, that we shareholders should be, 'In the Loop', comms are and have been appalling , would you not agree? In fact, I have personally e-mailed WH Ireland and UKOG to no avail. Getting fed up of being left in the dark. This is no way to run a Public Limited Company.

I'm a Lady,:) https://www.youtube.com/watch?v=4THO9-N--k4

Scandic Re OGA, No posting necessary, all done on line these days

Niick Yep, not selling at a loss,

Heid, Re: wonder what the biggest wopper buy on here ever was.? Monsieur's Martin and Olivier Bouygues, they surely must have fitted that bill, ie, largest buyers and oh, lets not forget largest sellers :)

This was highlighted a few days ago on this BB. https://openforumevents.co.uk/speakers/stephen-sanderson/ Now then, .......my thoughts, re OGA approval et al, etc. Question, .........Would SS still have the 'Brass Kneck' to agree to speak at this summit on the subject of, ................'UKOG's Plans for Development of the Horse Hill Basin" if he thought/knew that there was an issue with the OGA approval, that we now all await? In my mind if it was me, I would cancel if I knew or strongly suspected that approval was at risk because what on earth would be the point? We will soon find out one way or another , just a thought to consider. GLA

Chaebol, Respect your decision, because it's yours and only your decision, & good luck and best wishes to you. I and many others are wrestling with such a decision that you made, but I am holding only because unlike yourself I think albeit late in the day we will overcome our dark period, and more importantly I hate to lose. But even more, we are at at do or die juncture, it's red or black. Paper loss of -�23K for me or total loss of -�37K should all go to ratshit. That's life , do or die.

Ocelot, Agreed, I remember that well in the days of live Google Finance charts and saw it spike to 11p that only lasted for the briefest of moments, (I'm talking seconds not minutes) I might add.

Applegarth, Re: 'Motley Fool are into trading stocks that they report on.' That's an interesting comment. Do you mean they are into 'enticing their readers to follow their tips? or that they MF whom as you say are 'into trading stocks' are perhaps doing the exact oppossite? selling into their recommendations and vice versa. What makes you think they are into trading, they are just a rag after all.

Who cares what Motley Fool thinks, one day their hot the next cold, no consistency at all.

Gumbo, We may well be moving in the right direction, and I think assuming Mr Corbyn is never in power, we may well get there but it will take some time. https://drillordrop.com/2018/02/01/mps-to-investigate-whether-to-take-decisions-on-fracking-plans-out-of-local-control/

Gerry, Yes of course agree we will require further funding for production when that time arrives, however as at the 30th Sept2017 our cash position IMHO was, 1. �1.74M cash plus subsequent to 30th Sept 2017, �10.0 Million Equity funding less expenditure from Sept 2017 for completing at BB and setting up HH as of now. Whatever figure that is, which yes agree will be known in June 2018 as you say. 2. Any oil generated from successful testing will generate oil sales revenues as stated by SS. 3. We are also owed about �2.1M from HH Developments see note 24 in accounts. 'The loan to Horse Hill has been made in accordance with the terms of the investment agreement whereby it accrues interest daily at the Bank of England base rate and is repayable out of future cashflows' (Question here for HH Dev of course is when they will be in a position to pay some of that loan off to UKOG, testing or production cash flows?) Obviously if HH flows as anticipated, (fingers crossed) then maybe funding and lets not forget future funding should HH be a success may well be via a myriad of sources , rights issue, bank loans, etc, all and everything, now depends on HH for now anyway. That's the way I see it, IMHO. .

Vernony Re:' I understood that they did two straight holes and two side tracks' Answer ....No Look at the RNS's and Annual Report. Broadford Bridge-1 step-out exploration well was spudded in May 2017 within UK Oil and Gas Investments PLC's ("UKOG's") 100% owned, 300 km2 PEDL234 Weald Basin licence. A successful sidetrack BB-1z was drilled within 6 days. Re: 'Waste of time, waste of money, and has got the company in debt, from which it may not recover' Where do you get that idea from? Fully funded to at least Mar 19

P173, Thanks for the correct url, that will settle a few nerves, onwards and upwards, bodes well IMO.

All I can say for certain is, tomorrow is a new day, and as for trading without any news, spreads will stop you on that score, IMO, good luck on that one

Hi Rusty, Looks like a nice spot, WiFi, dog friendly, etc, good base spot to see local attractions. When my UKOG boat comes in, I'll be ordering a Camper Van for sure. :)

Sorry, Correction thinking of CMCL, ie 2 payments per year interim and final.

Shareminator, Re the dividend, do we know if the quarterly payment will still remain? Thanks