Member Info for jonjo

0.5

Mannan - ?????

Statement re Media Speculation UKOG notes recent media speculation regarding a fundraise and announces that it is considering raising funds. The Company is progressing discussions and should any arrangement be finalised a further announcement will be made. Terms including amount and pricing are to be agreed and there can be no certainty a transaction will be finalised.

of the day on AIM So much for Golden Tickets !!!

Sub 1p today?? The question is what will any placing be 0.5p ? P.s SS knew this was going to happen and explain why he has no stake in this company!! Also what level of placing will they be looking raise ?? How. could this be so badly managed ??

If it is granted why does this useless BOD simply release an RNS to clarify it? Lazy management which has lead to this companies demise no excuses IMO sub 1p very soon

Hi Arsenal - no been off the BB's as been in hospital for a few weeks so can't be bothered with the numptie comments on other boards. RM still very much in my sights but would like to see the price steady before I jump in with both feet. Still think you will see a return to the higher levels but perhaps not at the bottom yet. GL buddy and will let you know when I am back in - Jonjo

I encourage Junk Mail - very useful for lighting my log burner !!

They would be very foolish to conclude any deal without placing an RNS - all rubbish IMO

Depends on the terms of any JV, if it involves changing the shareholding or materially affects the shareholders I am sure it would need to be formally voted on. In any event they would need to announce it under AIM rules !!

a rumour that the JV is done, IMO piffle !! They would have first released an RNS to state they were formally in discussions with ??? I would have thought that any JV would have to be put to the long suffering Investors stating the bones of the deal Lastly IMO there would need to be an EGM to vote through any deal Comments please on the back of a fag packet !!

All the Sh 1t posted here about the wonderful scientists running our company for the noble benefit of mankind ! I don’t know about anyone else but I would much rather have a commercial orientated chap sorting out the company and making a profit along the way and leave the boffins to do whatever they do best. Saving the world is of course a very noble cause but so is my investment and as such these guys seem to have no idea about running a company and what seems to be utter distain for its investors- sure they will happily pick up the monthly wage cheque but does anyone see them investing some of there own hard earned into the company they work for - I think not. Bring in a team to negotiate a JV deal before we once again run out of cash and the whole thing falls over and our investment completely dissapears into the air. Rant over !! Jonjo

Opium - LOL !!

Well Done Mate !!

Being open about it I am looking for a sub 500 entry point having sold late 480 so missed the further upside. I have no idea what the drop is all about but thats share dealing for you !!

Arsenal - getting close to my rentry point but a bit shocked at the drop and not really sure why the retrace GL to you and redco anyway !

WGR - I diddent expect you to therefore I am not in the least bit surprised

Woody - calm yourself down - so we have 3 months working capital - so what !! So what your saying is that we will run out of cash in 3 months - are you an idiot or you simply dont understand how funding works and how long it takes to get placed? So again what do you thing the placing price would be on say �2m ?? Try to answer in a calm and reasoned manner and I am sure we will get on splendidly !!

Woody - so what you are saying is we are likely to run out of money before any potential T/O or JV. The issue here which is factual is that unless we get a substantial placement away to feed the BOD with the salary costs and also to complete the trials then we are dead in the water. If you were going to provide more funding what would you value the shares at the moment - IMO sub 1p maybe 0.5p ? I am invested here so I am not deramping just merely asking the question as to the elephant in the room which nobody wants to comment on - cashflow and where it will come from and at what price.

ALEX BRUMMER: The Sainsbury-Asda deal cannot be anything but anti-competitive and against consumer interest By Alex Brummer for the Daily Mail PUBLISHED: 22:46 BST, 22 May 2018 | UPDATED: 23:51 BST, 22 May 2018 Confidence at Sainsbury�s that it can ride out the Competition and Markets Authority probe into its �14.1billion merger with Asda is overdone. Claims that the grocery market has changed dramatically as a result of the arrival of the German no-frills discounters Lidl and Aldi and ready-meal services, such as Just Eat, do not stand up to scrutiny. Tesco (before its Booker deal) showed it can push up sales and maintain a dominant market share, irrespective of newcomers. The biggest and most potent obstacle is not the overlapping store fronts in certain locations, but that there will be a duopoly of Sainsbury�s-Asda, with 60pc of the market. Confidence at Sainsbury that it can ride out the Competition & Markets Authority (CMA) probe into its �14.1bn merger with Asda is overdone Whatever the number of challengers snapping at the heels of Sainsbury�s-Asda, a deal cannot be anything but anti-competitive and against consumer interest. The idea that, magically, the biggest suppliers will cave in to pressure and allow a permanent prices drop for customers is fantasy. Asda, as an offshoot of Walmart, has more bargaining power than most, and supplier margins have been scraped clean.