Member Info for krull

Ukog up 11+% Might see that 6 mil buyer back soon

Looks like peeps don't want to be out of Ukog over weekend. Up 8% so far. What's good for goose should be good for the gander

Looks like it's nearly put back together. Very likely we will be pumping oil again over the weekend. And with a BIGGER pump. Bring it on.

https://twitter.com/Anton13579

I should say, a fund manager running/in charge of an institution. 5% for MM's, 3% for anyone else.

Scully, depends who's buying and if it's an institution or not, they could also be buying in smaller lots as well. If it's an institution, they can buy upto 5% without making the TR1 declaration.

Another 6 mil buy. Someone buying in big time while work being carried out, Could be an institution, maybe one that was holding JAY!

Hmmm nice, 6 million buy at .50

Looks to me like they are getting the next zone ready for flow testing. don't think it's taking all this time and effort just to put a bigger pump in place, so to achieves a higher maximum short term rate.

Just been reading this DOR announcement, its says the high rate short term flow test has successfully completed.

https://www.boardroom.media/broadcast?eid=5b6a740b41fbfd79152519ad&p=e037c99e80c22df41d348acbe2e1fa62

No news, folks buy when/on good publicity, they stop buying when there's no PR, sellers are always selling.

Some of the old ones may have been blocked. Also more holes means more oil can seep though, so virtually guaranteed that bigger pump + more hole = higher maximum oil flow test

@DavidLenigas
4h4 hours ago
More
Should be a cracking good week or two for the Weald Basin oil discovery as things progress on many front. Bet the Times won’t print this up in bold highlight. @thetimes @UKOGlistedonAIM @angusenergyplc $DOR UK oil for UK jobs and UK energy security. 🚀👍

Bid DL, Thinks there's could more than twice as much oil in place (p50) in the weald basin, than what's under the north sea. Ramp or Fact? Could be a lot upside here, if extractible and only half true.

https://t.co/VAyBj0dXkJ

If your feeling a bit low and in need of inspiration, just head over to the Ukog BB, lots of uplifting posts there. All of a sudden they are Perf Gun experts, apparently there's one on site and they are going to make more holes in the next zone, so more oil will flow. Also the new bigger pump nicknamed bigfoot, might not be big enough. Might need one called big bertha.

In case you missed it
‏@WealdOilers
6h6 hours ago
More Weald oilers Retweeted Share_Talk
That's a perf gun, whilst the pump is out and before the longer one goes in are we going to take the opportunity to perf more of the Portland. We only perfed 103ft and I think it's at least twice that thickness

Replying to @Barndawwwg @WealdOilers
The next RNS or two could well be real Hum Dingers.

Don't you mean, ahhhh shiver yer timbers them scurvy black dogs, Ahhhhhh ha haaaa

According to the noise on twitter, they are in the process of installing a bigger pump!!! Could see it in action over weekend, don't fancy being out myself. Might find a few are buying in on Friday in anticipation.

You can buy 100 shares at 95, none available between 101/3000 think just NT, after that it's 99.9 to buy, can sell easy enough. Very strange, looks like MM's are short

Very big news for Angs, they should be 50% up

Hi Timmit, I accept I may be wrong and have been many time before. So more than happy to apologize.
However, to establish your deciphering of the ambiguous RNS, should it not read: Not "MORE" than 125 percent and not "MORE" than 500 per cent.
The RNS is Saying: not "LESS" than 125 percent and not "MORE" than 500 per cent of the Company’s reasonable assessment of average closing mid-market price

Well Timmit, I've been wrong many times before, but how I read it is: Bond holders holding 9,9 Mil euros of debt, can convert at 125% less than the average share price over 10 days, so to me, that means if the conversion was to take place when/if CLP share price was trading at 1.25p, bond holders can convert their 9.9 mil euros at 0.50p. Also not more than 500% above 1.25p, so that would mean 9.9 mil, converting at 6.25p, meaning much less dilution.