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At HH today, Schlumberger et al...interesting:)

Interesting that they are talking about Ukog on tbe BP board this morning...

Think this is what was being referred to, apols for the copy and paste...

‘Seadoc obviously useless with accounting figures or again deliberately deramping by trying to mislead. His calculations and forecasts are always way out. Seadoc's post claiming Rodders forecast was wrong, that there would be £12.5m cash at the end of the accounting period.

8 Mar '19

"Rodders, Thank you, I was looking for the cash left and not the amount that had been raised, with much already spent at of August 2018. But the cash remaining at 30th Sept will be made clear by the end of this month. I am looking at £3-4m and you are seeing £12.5m."

Cash at 30th Sept was £12.43m.

So Seadoc was wrong by over 400% whereas Rodders was spot on.

Seadoc method of accounting therefore over calculated Ukog spend for the year by £9.4 million.

Also in the amount Ukog spent is the cost of the well tests which includes the cost of producing the oil so far sold. So when calculting the oil revenue it be the full amount received for the oil sold. Most of which was in the $70-80 bbls. So hie figure of £1.4m should be increased to £2million+.’

Correct Neon, just a matter of time imo.

Quote from twitter

‘They must be sweating when our pullback days are 6% up! It doesn’t come much better than this. Onwards and upward smash 2p tomorrow #ukog’

So true imo

Come on guys, they are pretty hilarious:)

CPR could land any day:)

Some of the shorts have been left holding the baby imo, a rising share price will only make them more agitated... and desperate:)

Great post DHC, onwards and upwards from here imo:)

Anyone hazard a guess?

Agreed Phil I can see a 10 bagger here, fingers crossed :)

Agreed won’t be selling whilst this share has a single digit share price:)

Big is going down here imo, something we’re not privy too yet!

Would not want to be swimming against the tide of buying power of that magnitude.

*warn

Foth did try and warm everyone imo.

Qualified Person's Statement:

Chris de Goey, a Non-Executive Director of the Company, who has over 20 years of relevant experience in the oil and gas industry, has approved the information contained in this announcement. Mr de Goey is a member of the Petroleum Exploration Society of Great Britain and the Society of Petroleum Engineers.

Do we think cpr will come before SCC planning meeting?

Excellent posts Sageman.

Given that production is going to ramp up over the next 24 months, the rampers will not be here, as they now no doubt expect substantial rises in the share price.