Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I’d take 12% a day as that would show that we have turned a corner and the news was good....they seem to have opened the spread, maybe another push before close? Hopefully, but the only thing that will hold it up is confirmed flows and money coming in.
Oil is up above $68, the largest tranche of shares have gone out the door, so hopefully we will see some stability and a move up.
It’s not quiet, it looks like we have some swampies breaking the injunction, so something good must be happening on site for them to turn up; take them a sausage and bacon bap and some warm soapy water and they will soon run off.
All going to plan, maybe a bit behind programme, but all good, let’s just hope the share price can react a little bit.
I’d like to say 6.2p which would very much help in life, it will get there, but don’t think that will be that quick, so I’ll go 2.41p
He must have wet the bed to be up so early, thanks for the updates FOTH, top man. Now you can go back to bed!
Swampies are probably chasing it in the faded, 25 year old van, with smoke billowing out of the back...but as they have a flower on the dashboard and they haven’t washed for 3 months, that makes all of their hypocrisy ok!
The delay is frustrating, but the fact that it sounds like UKOG and SCC are discussing the submission is positive for both parties.
Why 1.05 for the last lot when the share price was higher, now 1.15, this is getting frustrating now, this CPR had better be something worthwhile...
Agree with you there on the £3.5m being relatively modest, but it’s the nature of it that’s frustrating. This company has the reserves (planning required) to go places, expansion of a company is great, but get the footings right 1st and give shareholders confidence and trust. Once we had planning and/or horizontal drills had proved the worth, then go for placing to expand, not just issue shares....it’s only dilution if what is bought is not worth what is paid! Anyway, I’m locked in, maybe I should lock down my account, remind myself why I bought and put it in the drawer and come back in a year or two.
Hopefully this in the last dilution and the “fully funded” statement starts to prove itself!
My vote from South Wales is in, the coal mining in our region was not as well monitored/regulated as what UKOG will have to put in place (and that is the right thing), but the positives that this will bring to the area and country outweigh all the red tape UKOG will need to get through.....thank goodness we didn’t have Swampies 150 years ago!
Great for the long term, so hopefully see some stabilisation and steady gains on the share price. OIl is creeping up per barrel, so it should do, who knows, I’m in and I’m balls deep in this one!
Despite being below the threshold to have to release a holding RNS, if it is SOLO selling shares, will they need to inform their share holders that they have sold out?
People that post that there has been “no news”....just look at the RNS page on LSE, there is plenty to wet the appetite. Something before Friday though on barrels sold/revenue from oil would be nice though...with an average of 2p, I’m holding and will try and pinch some more on payday.
The share price being walked down day by day is not to do with the company’s fundamentals, it’s the general market and that’s something we all need to remember, SS has put an RNS out at least once a month, with the latest one hinting at better things to come. I think that even if he announced that the well was a gusher and the men on site had made millions just from the oil that they washed out of their arse crack, we would still be in the same position. It’s a different market from 5-10 years ago, with many uncertainties at the moment, so shorters, make your money now and to us holders, our time will come....just need to have the balls to hold!
You wait for 1 piece of news and 2 turn up at once!
https://oilprice.com/Energy/Crude-Oil/The-Oil-Industry-Needs-Large-New-Discoveries-Very-Soon.html