Member Info for lejjb

Yes, several sells of 1m+ shares each have cropped up.

LMFAO!!

For all it’s worth, I agree - Brexit will have next to no impact on that matter from a technical point of view.

And good morning!

https://www.investegate.co.uk/uk-oil---38--gas-plc--ukog-/rns/portland-declared-commercially-viable/201810180700084111E/

Up to 45% recovery if the appropriate wells are added.

Dilution is exclusively about the impact of the additional issue of shares by a company for its existing share holders, whether or not those later share issues are for a higher price per share than when the existing bought them.

https://www.investopedia.com/terms/d/dilution.asp

Such results are as binding as it gets for the investment case. So HHDL will want to double and triple check them to make sure they are right.

Those results are effectively the basis on which the resource is valued, and by extension HHDL and UKOG's share.

https://twitter.com/search?f=tweets&vertical=default&q=%23ukog&src=typd

The tone on Twitter has changed a lot this morning. And buys are more consistent...

I'd just made a typo in my earlier posts, HHDL indeed not UKOG.

Actually, I am the idiot - the June (not July) RNS says it is the whole HH campaign, apologies.

Cockernhoe - because many people on this BB and Twitter are behaving like idiots (whether they actually are or not) and not bothering to read RNSs properly. It was clearly stated that the EWT test duentonlast 150 days was initially for Portland. It was completed in nearly half the time of what was announced and showed commerciality. The official declaration is due to be issued. Now we have moved on and been working on the Kimmeridge layer(s) for several weeks.

Cockernoe: read the recent RNSs.

And they did not. If you had read this board (just this page), let alone the RNSs, you would have seen that UKOG completed the work estimated to take 150 days in about 80 days: the testing of the first layer. UKOG has now moved on to the next layers.

StarBright - presumably HHDL has a deal with BKP so one can only guess the price of haulage. However I’ve done roughly similar maths as you. So HHDL should have already got to a healthy level of profit already. This morning’s extraordinary flare ought to bring 3-4 tankers to us today... but WTFDIK?!

They finished the 150 days part - it was to test the first layer and they completed it it in about 80 days IIRC. This is a completely new phase.

And since then, you've never had so much choice of penis enlargement treatments to pick from and deposed Nigerian royal family members to give your money to!

I hadn't seen those purchases, thank you - if so, then yes, CC is more likely to need cash indeed.

This share is being obscenely day traded for 1-2% gains due to its low spread and lack of stamp duty (it being AIM).

(Please ignore my previous post, sorry!...)

TheKing77 - no worries.

The cash reserve is in the link that I posted earlier, from CC's latest financial statement.