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Louis10 'not sure why some people here want to **** him off (he's invariably right)
I seem to remember Oilman Jim called this wrong after I3e backed into the Canadian assets.
It then went on to 5 bag π
Anyway, where are those links with Jim interviewing Oil Ceo's???
UK Oil & Gas (UKOG)
Cash invested: Β£124 million
Market cap: Β£7 million
Management effectiveness: -94%
Social media enthusiasm: low
Upcoming events: Loxley-1 appraisal well
Fully funded for upcoming events: yes
Dilutive financing in place: yes
Management / brokers reputation: low
Placing likely short term: no
Undisclosed PR: currently minimal
Https://www.timminstoday.com/local-news/mining-giant-glencore-is-target-of-a-massive-lawsuit-7563840
Letβs look at some examples. At one end of the scale of management capability, there are companies like Serica Energy (SQZ), into which a total of Β£183 million has been invested directly by shareholders and management have delivered a market capitalisation of over Β£1 billion. At the other end of the scale are companies such as Nostra Terra Oil & Gas (NTOG), into which a total of around Β£25 million has been invested directly by shareholders, yet management have delivered a market capitalisation of only Β£1 million. The difference in returns is more than 100 times.
The mug comment was more aimed at partnering with UKOG.
If UJO put more money into West Newton how do you think the market would take it?
And what effect do you think it would have on the SP here??
Stephen can sound as confident as he likes but the fact is that after 4 failed drills no entity has stepped forward and funded the next West Newton drill as of yet.
Compounded by the fact that UJO are not interested in funding the project further.
UKOG (cough) are having a similar dilemma with Loxley.
Too many projects and not enough partners (mugs?) to go round?
Banbury
'I brought into the small scale production and sales to local market which seemed a good move. Not RRRs fault but that rug was pulled.'
Mmmm. I think Bell already knew that the Government was moving the goalposts, this news didn't just appear out of the ether. Imo.
Https://www.mining.com/ancient-volcano-in-us-may-hold-largest-lithium-resource-on-earth/