Iv tried to find my original source and it has been removed or adjusted I do remember quite well it could have been part of an interview that was then played and removed as redeemed to be price sensitive I did read or listen to it last week. as already confirmed by jiffy its do able but I am sure the feed I listened to had vonk stating it https://www.ogauthority.co.uk/licensing-consents/licensing-system/licence-assignments/
May be sooner than most think it was suggested the licence in place already with Angus is available for ukog to use yes It should not be a surprise to those following statements and interviews that this been already talked about and was not dismissed by Angus. Stand by business is business . It could come very quickly data and the relationship between the two CEOs have been strengthening of late with well information being shared? .
Th the overhang Ite norm here is a price sell ltd is organised and given over to a MM / Broker to get the price thats the reason we have been kept in the range . All normal the volume has been terrific and most shorts are now being covered by the overhang another week should see this end reasonably higher imo
This week should see the end of the seller , Lucky for them ukog had the volume to let them out. This week as we will become a lot closer to the flow results you would expect two things solo now out and shar e price at 3-4p imo gl all.
problem is if you want to make some real gains you have to get in before the herd realise it Risk v Reward . At the moment the swing towards reward is looking good . I see the flare stack is still burning free flowing oil over 30 tankers maybe more have left the site . Everyday the reward is looking stronger imo when the kim is declared commercial and solo( stressed seller) have stopped selling . The share could see one of the biggest re rates ever seen on the AIM . ALBA recently declared confidence on what they have seen? News is expected this week on recent success how successful that is the question . gl next week lth its going to be epic???.imo
Iran, facing U.S. sanctions on its oil exports from Nov. 4, cut production by 376,000 bpd in September versus May, and has said OPEC and Saudi Arabia are not able to make up for a total loss of its exports.
The Organization of the Petroleum Exporting Countries and allies agreed in June to boost supply as U.S. President Donald Trump urged producers to offset losses caused by sanctions on Iran and to dampen rising prices.
OPEC is struggling to add barrels to the market after agreeing in June to increase output, an internal document seen by Reuters showed, as an increase in Saudi Arabia was offset by declines in Iran, Venezuela and Angola.
Looks like the news blackout and lse fail this morning stopped a spike however that is about to chance stand by !!!! imo Its all about to go a lot higher over the next few days...not advise just what I think
Jeez have you seen the tankers? have you seen the flare stack its never been seen before for an onshore rig to produce like this!!! remarkable!!! biggest re rate in History about to happen unbelievable .
I believe they have placed a large portion of the shares they have for sale at 1.93-2p this means we will stay at that price until sold . It also means you can buy them at that as well enjoy the next few weeks top up on the dips . Not advice just what I am doing . I would not .rule out an amalgamation of angus dor and ukog They have all ready shared info and I believe may come to an agreement on the production licence money talks . And we are talking a lot of oil here when the price is right . It needs to be shifted If they can get the plan sorted I see a massive re rate on a JV for all concerned as each company has something to add and also to benefit from an alliance.gl
The only pumping is the oil jeez .The dumping is a distressed seller In this case Solo.The share will move quickly once they have gone this week next who knows the positive is PIs whinge they never get a chance to buy low . You are imo getting a chance right now.
Making 1 million a month on 1 well is amazing and it looks like we will have 3 jeez The magic calculator comes up with some strange numbers tbh . If even half correct 30p a share in 2019 very possible.
I think most of us will have been in a situation that meant we had to sell shares we did not want to. The shares solo have sold must have been hard to let go, but a necessity ,its really as simple as that. dyor