Member Info for jptop7

Shorting in the sence that most people understand cannot take place however spread betting is similar and margins could be called causing a sudden need to buy back large anount of shares. Also the naked shorting of shares can occur when brokers without your permission lens out shares , in the even to f a sudden rise a bit like a propert crash the lenders get worried and ask for the shares bacj this also leads to problems . dyor

Looks like its a leak ,

Some history these bilionaires thought it was good enough back then , I wonder if they have now came back into the equation due to the success at HH. #ukog #rerate

French billionaires buy into 'Gatwick Gusher' oil firm http://dailym.ai/2vtblQS via @ThisIsMoney

Its due a re rate 1p is my target before news .Then depends on the news

sorry wrong board

0.24 GBX +0.030 (14.49%) paid after 25 boom

The shares have increased but that wont mean that much when each acres has been valued at 10x the current price they own a lot of aceres and oip, cpr, and 30% more ownership , Should answer that questions do the maths. However yes I agree the buying of the acerage has come at a cost but since then $13 costs on a barrel increased licences iow and the current share price lower than the cost of equipment and licences . If we were at 5p I would urge caution . dyor of course my opinion only.

UKOG moved to 8p on a similar oil price and with no oil flowing and owning a lot less of the HH site it could happen again this time it will imo go further with an update on cpr.

trend reversal targeting 25/ 50 65 then 101p after a hold above 22. buullish .

The modus operandi is the same everyday share held back to fill orders , Why is it that that happens to good companies ?
The numis report has ggp at good bit higher 15p . On two previous occations the share stayed abour 3p below the target to allow an orderly entry. This does seem to be taking the same path .As we go into July the numis guide will be met and may increase depending on other factors. It seems that other licences in particular scally will be worked on soon and proved up by ggp before the a JV will be undertaken . All in all with no valuation placed on other 100% owned licences and the numis report being ahead of the share price ggp looks cheap. dyor

game on.

Its been a bit of a slow process but all seems to be going to plan now , UKOG have had some bad luck with the oil price and the covifd virus . Not anything they could have done about that is there? Now he has hadto sort the YA situation as it was eating away at the shares . It looks like a fair idea as oil price is now rising to get as much out of the production well to pay bills and gain some much needed cash flows . He is throwing all his efforts into the production well and everything else look on hold . Remember planning is in place for 4 more wells . This production well should increase the flow rate by increasing the perforations and may be perforating layers not being utilised at this moment ie kl 3/4 to full potential the larger pump indicates that intention. good luck ukog with the mext phase you deserve it.

Looks logical to me . two tankers in before 12. soon be time to release the beast stand by for one of the greatest reversals in AIM History. dyor

Can feel the need for speed here now tankers first thing and looking to break through the 3 tanker a day seal. Oil is rising steady now and so will the revenue with ukog . starting to feel like a buyer is taking bigger bites .

New pump was fitted and disturbances would have reduced the progress they could have just started pumping today and pictures of the flare going full steam ahead tells you it has been ramped up .One thing for sure plenty of oil....

Its possible SS was holding back until oil prices improve as well as covid restrictions , It seems in any case we are looking at 100k as a possible daily target revenue wise at current oil price 2 - 3 mil per month . very nice should get them enough to start the next drill.

Release Date: 18/05/20 19:16
Summary: Register Date Notice
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https://hotcopper.com.au/threads/ann-register-date-notice.5401993/?source=email

Yes its now 12p the seller today ruined what should have been a steady climb past 9p . you cannot blame somone takeing some of the table its prudent . Massive 16 million , nice I wonder what the profit was ? Maybe back in tomorrow ah well great RNS and great upgrade by Numis who were short by 3p hope they are wrong abain and we get 15p before the next report. link to the 16 mil sell on twitter https://twitter.com/drivingni/status/1255925026399891456/photo/1

Its a very sad situation but off shore and lack of new finds including the money to drill will cause a gap in the market USA shale will come ofline soon , Companys that are producing and making money at 30$ will be the only survivors . The loans and benifits that the UK gov has announced for british companies will be needed to get through the next 3 months . If SS keeps lean the company will be a much in demand on shore asset . in 21/22 As oil will inevitably go to 100$ a barrel as predicted by analysts.