Member Info for jono44

There could be a trade in it Amtech but very risky with this lot.

The fact that they still can't update the market on the registration of the MR is a big red flag for me.

IF they have registered it then why not just say so!!

Also. who is hiding behind Axis Capital, get the feeling it's someone that already holds a few here and is using Axis to make a small fortune without disclosure, but this is just my opinion and could be wrong and I hope it doesn't upset anyone.

Reckon results mid april the maybe 2 months to look at results then probably around may/ june for placing.

That all depends on whoever is hiding behind Axis has sold and is ready for a refill.

Don't get to upset when it happens.

Why would I be upset.

You said something was brewing so I asked what's brewing.

So do you have anything to say to back up your post.

Mainly delayed big sell trades. so what's brewing ?

Uru did a 25/1 share split last march so that 85p would convert to 3.4p

So this would imply that they are only now starting the groundworks that the rns's in oct and rns'd again yesterday.

At this rate they might get drilling done in 2027!

Last placing won't cover drilling so expect another placing once whoever is hiding behind Axis has finnished making a small fortune.

Company is an absolute joke stringing shareholders along again.

These groundworks should have been completed by now.

And guess what as far as the MR goes they still can't ' update the market once registration is confirmed'

Why is that ! why can't they just say that it Has been registered.

As Amtech says the devil is in the detail or not in the detail.

Doesn't Boothbay only get warrants if they convert the loan note.

What gets me is not what he says but what he doesn't.

No mention of the general direction 2043 which was issued by Nopsema in sept last year and is still open on nopsema's website, so hasn't been complied with yet!

Not good.

WB, of course your right about all of us speculating, but the fact is they haven't updated the market so that means that the MR has not been registered because if it had they would have updated the market.

Do you agree.

At the end of the day UOG had no choice but to raise funds to carry out the Piston Coring themselves and in doing so greatly increased the shares in issue.

But it's boom or bust regardless of this, that or whatever theories everyone has.

Decent results gives them a chance of a farmout, bad results and it's game over for existing shareholders.

Question, has the Piston Coring finished?

Gyre info not updated for 14 hours, ETA back into Kingston was qouted as being this Morning but showing on Marine Traffic as still offshore, is it tho.

Be interesting to see if there are any big Buy/Sell trades tomorrow, leaky ship and all that, probably a few sells especially with the warrants but will be interesting to see if there are any big buys!

Why does everyone have their own versions of what they think is happening or hope is happening without any facts.

this is what uru said

"Post-execution formalities are underway, and the Mining Right is in the process of being submitted for registration at the Mineral and Petroleum Titles Registration Office, in Pretoria. URU will update the market once registration is confirmed"

I think everyone will agree that Uru have not updated the market that registration has been confirmed.

So why haven't they updated the market, what is the real story here.

Also where have the rampers gone when the sp was 10p/11p, Businessowner for one, remember him, probably jetting off to dubai again, of course he is!

Just the genuine holders left, gl.

The MR contract has to be submitted to the registration office within 60 days, no extensions.

As everyone else is speculating here so will I, what if the MR has been challenged.

Something not quite right.

WB, what extension are you referring to?

Doesn't Jamaica import crude oil to an oil refinery run by Petrojam so it must have some infrastructure in place, could be utilised for an offshore discovery . not sure if it could.

As far as another placing well the last few, imo, seem to be supressing any substantial rise in sp and even more so with the latest warrant exercise so maybe not a good idea especially with the current shares in issue going to be around 4.4 billion soon.

The placings were a necessary evil to do the piston coring so it had to be done.

Might actually see a share consolidation to reduce this figure, which never seems to bode well for shareholders imo but just speculation on my part.

No point bickering you pays your money and you take your chances.

Has the actual Registration of the mining right been completed?

Uru said they would update the market, have they?

It's over 100 days since it was granted and they had 60 days to register the MR.

I’m also part of a different group that holds ~25%

To be honest I actually found the video quite informative.

Instead of Larkin promising to return 'shareholder value' there was a geologist and petroleum engineer giving, what seemed to me, an honest description of what is actually happening without any bluff.

Not like me to say that. I know. but I call it as I see it and maybe it will come good. maybe not. but at least they are giving it a chance and a bit of hope to LTH's.

GL

And yesterdays rns didn't help. don't see how they can say in the rns that these publications are new and independent.

They were published in february and june 2025 so not exactly new and with Richard Montjoie named as one of the 'et al' so not independent either,

misleading.

Nice link, great research to find that.

Got to agree Larkin shirt looked like it was going to pop!