Member Info for jptop7

1.10 44.00k Buy this was being filled most of the afternoon a nice 4million shares for somone .

This base is looking solid next wave should make .40 imo

With a pipe very close the reduction in transport costs are a significant factor in a high volume oil field.

Yes the planning officer has recommended it and that is that. Any further disruption to the company will encourage a legal action and process imo. Which will o the basis of te pernit being accepted more the likely to and will and cause financial cost to SCC. Due to lost revenue i would imagine the on site manouvering of equipment tells the story . The drilling of the wells will cause an accumulation factor rise of around 700s bopd increase per horizontal well conservative so with that in mind a few million a month is achieveable within 6 months .Wynch farm delivered 1000s bopd from well 1 first year then 40000 year two and the rest is history . echnically its possible if all layers flow at the same time from 1 well for SS to take the record for the 1st well to above 1000 bopd combining the 3 layers . should we get the Guiness book of records involved?

When ukog become cash rich which now looks very likely to happen SS has a reputation of cracking on I would not be surprised to see him opening up another front very qickly. IOW would be my first choice . locality gauranteed connectivity with the layers and 3x Oil in place . Cash rich also means loans are more vavourable and IIs are more interested in it for that reason as an asset that can be borrowed apon is also valuable in its own right. gl

If you are a believer and id imagine most are, then the share price pulling back which is very normal is an other opportunity to top up and acumulate your holding. Or lower your average if that is the case. Some of us are here with 100s of pounds some 1000s of pounds . Most traders who get it right slice and leave some to run on a big increase .They also will re enter if the opprtunity arises thats the reason they did not sell all of the holding they believe it has got more to give .I would expect positions have ben taken lower for re entry . The only problem with that is MMs may lower theprice to fill or try a fishing trip on stop loss positions Iv seen that a few times . Like a say bitter/ sweet bitter when it drops sweet when you get a top up and it rises. enjoy the ride AIM is not for everyone . gl dyor

Its amazing how the BB and twitter get all the info from the site , could you imagine if the site was 1000s miles away with no info but the odd RNS. We are in a time which PIs get upto date info as it happens so a big thank you to the Eyes who reprt on all the info. I think most PIs are in shock that UKOG is actually a fully working oil production site and has been due to the genuius that is SS. Hes been getting us cash while testing amazing,. anyone who has been in oilys 88e a good example will know how hard it isto get a well to flow . SS has done an amazing job at HH and owns the majority stake now . With an increase cpr the acerage that he bought using share will come home to roost . The planning mean on his continued success within 3 months we could be delivering over 1500 bopd to the refinery and be cash rich. then off to IOW. Yes i hear the 2p to 5p story . But this is only the beginning . The possibility of a buy out will become more realistic now and it could be an interesting sum. Depending on the cpr, at under 2p the traders will do the thing they do best slice and hope for re entrys but as most will tell you in fast moving success stories you do risk being locked out on wave 3 to 5 smilar to whats hapening with UJO an overnight or intraday RNS II buyingin and its wooosh for the bold double figures is a real possibility. We are going to have a month of news stand by . gl everyone.

They always do get filled as news comes in spurts all normal AIM activity .

If it holds steady I think we will have an increased intrest volatlity scares PIs

one other senario they may raise at a premium which could also be an intresting possibility .

The company may not make the deal to issue new shares . II may ofer the cash to see this through the share price may go up 100% from here somone is in the doo doo imo . I agree with what yoiu said and most companies buckle but in this occation we may have one of the few that dont. imo of course good luck the long the short and well others.

I believe we are watching this play out . As we have a large II onboard the chance of the company raising on this vehicle is slim ,There is more chance of the Ii stepping in, If indeed the short squeeze happens we could see a squeeze that could take us into a crazy number .

In a short sale, an investor borrows stock from a broker and sells those shares into the market with the understanding that the shares must be bought back at a future date and returned to the broker.
If the stock falls, the investor buys back the stock at a cheaper price, making money on the trade. If the stock rises, the investor has two choices: Wait for the stock to come back down, leaving the short-seller exposed to potentially greater losses, or buy it back and realize a loss.

But what happensif I borrow the shares and it does not drop and we are close to news ? Oh well im up the creek without apaddle as the broker will ask for the shares back. Oh but what if they have lentout to many? You see why the share price has been doing silly things now somnone may bein the doo doo.

To sell a stock short, you follow four steps:
Borrow the stock you want to bet against. ...
You immediately sell the shares you have borrowed. ...
You wait for the stock to fall and then buy the shares back at the new, lower price.
You return the shares to the brokerage you borrowed them from and pocket the difference.

Naked shorts are a possibility after the big rise as they would have expected and have encouraged a pull back, this has not happened . So yes naked shorts are in afect and yes the MMs need to cover them before the news drops or we may see a massive spike as margins are called . If I was short id be sorting thatout very soon dyor

@ChartMill
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3m
$EUZ.L: Volume is considerably higher in the last couple of days, which is what you like to see during a move up. https://chartmill.com/analyze.php?utm_source=twitterEU&utm_medium=TA&utm_content=TA&utm_campaign=social_tracking#/EUZ.L?key=6e22a661-eebd-4460-865e-58ae09da2b28 #ChartMill #EuropaMetalsLtd #EUZ #LondonStockExchange #TechnicalAnalysis

Great news for #ukog with planning due in two weeks time and the next phase of continuous drilling about to start. It loks like they will soon become cash rich and the local comunity will have a cash injection. A win win for everyone I agree we need to make a move towards EV and reneables but its going to take a lot more than that as we need oil for every alk of life as seen below nit just for Transport . The current estimates ar 50 Years left of oil #ukog are one of the UK companies which could save the UK billions as we are dependent on imports and they will get more expensive . Support a non fracking company like ukog and lets send a message tp the EU as they already have threatened to up tax at refinerys this is the beginning.
https://www.iogp.org/about-oil-and-gas/oil-in-everyday-life/

With the prob;ems associated with fracking and getting a well to flow cannot be emphasised enough .
The importance of having a flowing well will be highlighted and the share price will reflect that in the not to distant future . With no need to frack #ukog and similar onshore compnies will be very valuable . imo

Cheers your spot on as usual , I think we will move fwd the progress/ buying was so strong the same buyers will top up at this level few will have sold as soon as it settles we will make progress i believe 9 will go this week and we may have a go at 10
no one likes to buy into a falling knife but at some pont maybe tomorrow fomo will kick in. gl

FYI. We have nearly as much zinc as SASA already. The reason is we have higher zinc mineralisation. Overall it would not take too much to get to parity with SASA - say 20mt at zneq 7.9%. It might be less if I model in the silver - which I will at some point soon. Previously Miles had quoted the higher figure for the 23.3mt - but is actually comprised of two parts as shown. ??

https://ton.twitter.com/1.1/ton/data/dm/1165898779666649092/1165897932647948288/rW9vZ--R.jpg:medium