Member Info for jono44

Hi myfirstmillion,

could you post a link to the reports you are referring to, thanks.

One thing to note is that Larkin did not state that the farm out 'discussions' had restarted.

So it could also be the fact that he is clearing the books but not in the way you might hope.

Why wait all these year to give Rockhopper £60k!

Take the sell

You do realise that at this moment in time there are no farmout discussions!

Mannnan,

Your right timing is everything, got your timing wrong is my guess,

preaching same story last year at £0.35p, bad timing.

Mannnan

How is this a great price for investors.

How many investors are sitting on a loss just now, 99.99% is my guess.

All because they listened to paid rampers.

Placees will be offloading thats why your here.

Beginning to think your not a holder but a paid ramper.

Shareholder list last updated 24th april so should have been done on 24th oct not nov.

On 9th oct, Shard reduced their holding from 3% to 2.93% or by 0.07% absolutely nothing in the grand scheme of things so no red flag but notably they went below 3% and therefore any further selling wouldn't need to be reported.

Soon after came the 'shortly' rns quickly followed by the ramping crew, nowhere to be seen now.

So a reasonable rise in sp followed by, imo, a lot of selling to old and new pi's, job done.

Wonder how many shares Shard now hold and considering their taking part in the new placing it will be interesting to see any new holding rns's appear which if they still hold 2.93% and are taking some placing shares there should be!

Also UOG have not updated their major shareholders list. due on 24th nov, probably will do now before placing shares go live.

A big red flag for me also is the fact that after all these years Graham Martin is leaving, why?

All the originals have gone leaving the tea boy to turn off the lights.

Of course JP,

Envoi.

The work programme for 2025 is $3m.

Rambo,

Is this bb only for people to post positive things about uog?

I thought it was a bb for investors, non investors, past investors and possibly future investors to share their experience and research for the good of all not just for a select few who only want to read positive posts about their investment.

Remember there is a filter option available , but better to read all opinions than just listen to someone wearing blinkers, up to you.

Hi BT, been watching you post the truth when Sharebel and Gordonbenett1 where ramping as hard as they could, no where to be seen now but if they do reappear then its a sell signal all day long. Some can't handle the truth and hate when they get called out for what they are.

Aim, totally agree with your posts.

Rambo, good luck with your investment but doubt there will be much left of the alleged £500 their expect from Egypt! to pay towards the core sampling.

Jp, don't think anything will happen at waddock imo its just a mannequin in a window that will get dressed to suit but wont ever go anywhere.

Keith, good point about the warrants maybe was the reason for the pump,and pump.

Gla

Rambo, been hearing that same story line for years.

Core sampling, last throw of the dice imo and they better have finances sorted if/ when they get the permit.

If they don't get a partner for the core sampling and they might not then a fundraise might be their other option which will only dilute existing shareholders massively,

Watch for any large sells going thru as this might be investors gearing up for a placing.

I always think that when I see some incessant baseless ramping, their gone for now, that it might be so someone can offload and the ramping is a way to push sp up to do so, just an opinion.

GL

Jp, appreciate your reply.

To be honest I thought that BT was referring to the Waddock Cross licence that is under Egdon resources management who are owned by Heyco Energy.

Don't think uog will have any say in moving it forward in regard to licences and permits and it could be years before anything happens, something to put on website.

As far as Jamaica goes they are awaiting confirmation of the permit to carry out the core sampling.

I think I saw it qouted that it was going to cost around $3m.

The fact that no major has committed to anything makes me think that uog need to do more as because the cos for Colibri, note I refer to Colibri, is 19 %.

Until they do core sampling it will not go up or down, remember that the core sampling might not give them the results they desire, all risk.

Also when or if they do get the permit and raise the funds to do the sampling it could be the end of next year that the results, good or bad , are known.

Gl

Blaim Thrower,

You ever get the feeling that no matter how clearly you explain things is doesn't really register with investors that do not research their investments but blindly invest with the herd and then are left holding the baby when the herd leaves for pastures new!

Since the rns we have seen the Dogfarther's offspring arrive and drive the sp up thru baseless ramping.

Their gone now with their profit and have left behind another batch of 'investors' that don't understand why their not millionaires along with the ginger hippos that jumped on the bandwagon in the vain hope that they might claw back their original investment.

Jp, question, do you know what drill BT was referring to in 1982 regarding your response.

Do some research folks.

Why would the CEO buy 511,000 shares at £0.29p, nearly £150k just 4 weeks ago if a placing was on the horizon.

Hopefully we will get an update on Akatara next week, possibly monday.

wiseOS,

The new CFO has expertise in quite a few areas not just Capital Raising as you have singled out, maybe having all this expertise is the reason he was chosen as the new CFO.

"Mr. Fairclough has nearly 30 years of corporate finance, capital markets and senior management and board experience across multiple geographies, including corporate strategy, debt and equity structuring and capital raising, mergers and acquisitions, capital management, financial planning, budgeting and financial reporting."

5 or B

As Akatara is a completely new gas plant then it is possible that they would have the spare parts and the necessary equipment onsite as well as the personnel to carry out repairs to "small mechanical issue in the gas processing facility's refrigeration compressors".

If they did require additional spare parts then I don't think they would have any difficulty in getting them and not the amount listed in the document posted by SEA7.

Do you still think that the document posted by SEA7 is relevant to this issue?

Jse reported this issue about 4 weeks ago so hopefully it might be completed and they are carrying out re commissioning and we will get an update shortly.

5 or B

I don't think you need to worry.

I think these documents refer to the initial construction in 2023, not relevant today.

Thanks SEA7

Don't think Blakeley would have splashed out £150,000 on 3rd Oct if he didn't believe things were going OK at Akatara.

Market will be expecting an update shortly and I'm hoping it will be very positive.