Member Info for Kabaa

It really is worth having a good read of this. It is what made ukog go up 120% in an hour. Lots of good info there. I like this bit: ''Given the currently estimated low Portland production costs of around $20-25 per barrel, the 32 million barrels most likely Portland oil in place calculated by Xodus in 2017, together with the good flow rates recorded in 2016, the Company believes that the Portland is a strong candidate for commercial viability. Consequently, subject to a successful test outcome, the Company is targeting an assessment of Portland commerciality in Q3 2018.'' I'll leave you to do the maths. $50 dollar margins for Brent at todays prices. £50m market cap = extremely cheap. This is just a tiny part of what we likely have here imo. People are excited for good reason here. It's not ramping.

I suggest getting it. It will tell all tomorrow and this week. My guess is buying will be continuous for a few days and we'll see quite a few upticks in price. Much more interesting than reading the non-investors and snipers spout negativity on here. They really do wear you down unfortunately. On the bright side, if there weren't people like this, you'd never be able to get cheap prices in markets.

You are morally opposed to shorting hahahahaha. Why? You're just providing liquiidity in the market for others to buy shares at a cheaper than otherwise price. But it's morally acceptable in your book to troll and bully investors who are putting real money in the company with utter rubbish all weekend. Which do you think damages investors more? I doubt i'll reply to you but may come and bully you a little tonight. A lovely day out there...

You cannot compare this to 2015. Then we were years away from any production in anyones language. Now we are almost there. That is why I’m more bullish than ever now, at this price. 1p = £45m market cap – utterly ridiculous. We’ll nearly make that on the first million barrels of oil. Cyan2 and co. – Take out a short and put your money where your mouth is or get the hell out of the way fgs. Your posting of 3 year old posts all weekend along with your shoddy analysis is pathetic. People are putting hundreds, thousands and millions into this, you are just a mere troll. I’d have a lot more respect for people like you if you grew a pair and found something you do like, invest in that or sell this short if you think it’s overpriced. You wouldn’t dare as you likely know this could go to 2,3,4p+ on anticipation of good news alone next week.

I doubt it will go below 1p and it if it does, it will be very short lived imo. The volume is too large, last time we had this kind of volume was June/July 2017 when the price went from 0.8 to 11p in 2 months. Check it for yourself. This stock is in play now, from all angles. It wouldn't surprise me if it multibagged in the remaining days of this month.

This went to 2.15 on thursday (or more?) Since then we've had c.14% dilution BUT are now fully funded. We knew there was going to be financing for a while here and it was confirmed last Friday and the price dropped anyway. The selloff of 50% from thursday is totally unjustified for such tiny dilution when we have just recieved 5 million quid for work over the next year. The trolls know it too well...they just want in that little bit cheaper as they are tight bas'@rds imo. The hilarious thing on these forums is, they always want in WAY too cheap and it'll never get there. It's like when you're trying to sell a car and some guy turns up offering 25% of the sale price and coming up with all of the reasons why you think they should sell it to you for that price. Annoying weirdo's! Shorters covering with placing stock is the next BS coming from them. Whatever next?

I do try to ignore them but some of them do have interesting opinions and I like to see why people are negative on a stock if i'm a buyer. If they are obviously wrong which most of the derampers on here clearly are, it is unjustified and often means the cheap price is genuinely cheap and people are selling it through misinformation and fear and many are just saddos that hang around the boards for years being negative simply because they've lost all of their money in this or other stocks - all they have left is their wish and hope that others end up like them. To clear a few points up made by them today: Reserves and resources have the potential to be massively revised upwards over the next few weeks, when the techincal data is analysed from the EWT - what we have here could genuinely be ginormous but they can't say much until then. So the first declaration of commerciality could be coming also with in weeks. We were RNS'd that a placing was coming last friday and they were in discussions. Unfortunately someone who shouldnt have, has leaked this inside info and caused the price to crash and thus over the next few days ukog have had to negotate a much discounted price. This would have been finalised before the bullish news came out on thursday and rns'd for friday morning. They have to pass all of these announcements through different authorities to sign off and so there really is nothing dodgy about this and a mere coincidence. Financiers would have not been legally privvy to thursdays news. This has put a huge dampener on the great news and caused the price to drop very quickly which has given a bunch of the typical negative lot to throw dirt as they do. But it is all misinformed drivel and FUD as they say these days. On the bright side, people who are buying now are getting in at a very fair price. Production costs are est. c.$20 a barrel with brent trading at 75, margins are hundreds of percent. It really is worth reading all of the recent rns's but i'm sure most would rather just bang on about some people getting in at 0.9 and it not being fair mummy.

Good to see some excellent posts on here today. Also good to see a few cautious posters, warning of impending doom. It reminds me how many of these negative and cautious people are often around just before I’m about to make a big haul. You could put a path to riches on a treasure map under their noses and they’d still prefer to sit on their behinds and moan for the rest of their lives instead. Ignore them for your own sanity! I agree, people are right to be positive on this, it’s well priced and the company is in just the right moment to rocket and become a mainstream uk investment stock. It’s funny people making fun of the ‘See you at £1 party’ because this share could actually go to a quid if everything goes right. And please stop talking of TW, he deserves no credibility whatsoever. If he knew how to make any money in investing, he’d be an investor, not a loud mouth twerp, selling garbage to amateurs. Call us rampers but many of us are excited and if you look at the trade volume Thursday, Friday and next week, you’ll see many others are too and for very good reason. At least another 1 of them thousands of buys you’ll see going through next week will be me having another little nibble at the offer.

I see around 1.15 billion Shares traded yesterday and today. Nearly twice the amount of shares placed, have traded in 2 days. The buying will continue into next week and I suspect most of the placing shares will be gone by now and supply will dry up very quickly monday/tuesday - then it will have a massive rise as the sp cannot contain this kind of buying pressure for long. Sentiment has changed here, likely production is the closest it's ever been. We're fully funded and the shares are ultra cheap with a c.50m market cap. All i can do is heartily laugh at the posters thinking this will go down to the issue price after what we have seen yesterday and today in the trade data and RNS. There really is one born every minute and thank God most of them live! Thanks for the fills today. GLAH, I doubt you'll need it though...

Off out for the day to enjoy the sun. Limit in to buy a few more at 1.09. I think it'll get there tbh but go through the roof over the next few days. 2p yesterday was just a taster of what's to come here. Ignore all the saddo journalists, derampers and shorters that just try to make their money from others fear. My prediction is we will trade well beyond the volume of shares placed by 2pm and then some. So will be primed for a massive rally next week, then more leading up to flow results, then more rallying as this is slowly proven up and the big boys get involved. Have a good weekend all.

Sorry but what on Earth are you going on about? There are potentially billions of barrels of recoverable oil here. The margins on this are going to be huge looking at the current spot prices. Now they need to prove it up over the next 150 days. Once they do, a £50m market cap is going to look more silly than all of your posts put together.

Eat dust, hater.

Managed to get a limit filled at 1.14 just now. Love this share! People have got this one wrong imo. The timing of the placing was very unfortunate and was obviously negotiated before yesterdays great news. Nothing sinister about it at all. They said they were negotiating funding last friday! They obviously finalised the deal yesterday and coincidentally the oga approvals came through straight after. Then they had to finalise and write the rns for the placing. This is all regulated. To get investors to agree to £5m cash on the table at short notice is not easy. Now it's done, they have funding to get them into full production and this raising will likely be the last before massive cashflow comes our way. This is a one way bet.

OGA granted approval yesterday for immediate 150 day flow tests Fully funded. First permanent oil production 2019 targeted. This is imo by far the best position I’ve seen ukog in and the best price and the safest time to buy. A one way multibag bet imo. Just look at all them buys on L2. Any flippers and traders selling now will be feeling sore when this rockets over the next few days. Now the cash raise is out of the way, TW’s pathetic sell rec at 1.3 is going to look like one of his more stupid reccomendations….and there are many! He seems to completely deramp many stocks that end up multibagging and then doesn’t talk about them any more. What a pest he is!

Many of the investors will be firm hands waiting for multiples of whatever today's price ends up as. The flippers have already gone imo hence why the sp is going back up... Instead of going on about the placing which we all knew was going to happen anyway, i think it is worth a few more people re-reading yesterdays rns that sent it up 120%. This is the real news. Dilution was about 12%.

I'm not sure if many watch level 2 on here but this is signalling a massive move upwards. Buy volume is relentless and even more than back in 2015 and 2017 when ukog multibagged. News flow for this will be huge over the next few weeks and onwards into 2019. This will be the last fund raise done around these prices and many people are piling in on L2 for good reason. 42 minutes in and there has and continues to be continuous purchasing. At this rate the placing shares will be gone within minuntes lol

Last time we had a placing around these prices, the sp went from 0.8p to over 11p in around 2 months. That's about 30 odd grand into a cool half mill. This time we are closer to production. Have people already forgotten the news from yesterday sending this up 120%? The timing of the placing was unfortunate but they are fully funded now, have a little dilution to shake off (not 350m shares traded yesterday and already nearly 300m today, so i'm not worried) This is looking incredibly bullish over the next few days/weeks. I really wouldnt want to sell down here, it'll be up in a flash later imo.

Good volume recently and looks ready to fly soon. I wonder how long it will take before things get going with the coal venture. At least 1 person looks to be stake building here.

You and Magic would struggle to pull together 10 grand between the pair of you for any investment, yet between you, you have 16,000 posts telling us all what you think is not a good investment. How very sad indeed.

Easy money here. This was obviously always going to happen years ago. Funny how the derampers who have been on here all the time in the past few years have probably actually put many pi's off buying here. They resent AB for the down move in price, trying to get their cowardly revenge coming here every day and all they have done is help him buy a cart load of these shares. Now he holds 7.5% and this is clearly a success story. Great news this year and much more to come imo.