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Had hoped your Sunday summaries would be obsolete by now Adam, but what's another year ...

Bah, humbug.

Agree Serif, and some are buying the dip.

The newsletter has dampened expectations of a potential block award in what remains of 2025, that's all.

I'm afraid I can't get too excited about phrases such as 'potentially transformative' at this stage and the market isn't impressed either.

Clearly none of the information in the Newsletter warranted an RNS today and the only interesting aspect to me is the emphasis on Indonesia, which in itself is disappointing from an SK334/Brunei perspective as they are the developments that have been 'years in the making'.

Malaysia mentioned several times in relation to the LS/UPL deal and more specifically the area around Brunei (SK334).

'Quite interesting' could be the understatement of the year - thanks for posting Barrettw.

GLA

John Forrest (former CFO) was granted 15,000,000 options with an exercise price of 0.6p (RNS 27/02/23), so that adds up to the £90,000 proceeds.

The options granted this week to Directors and Personnel, and the proposed options grant to Marc Bruner, are key though going forward.

John (Chuck) Forrest possibly, former CFO.

Directors buying above the LS subscription price is certainly a good sign.

Always gives me confidence to see Professor Hurst buying and Josh Galloway has opened his account as well.

GLA

Spread tightening.

Thanks - getting over the line will be to all our benefit.

Hopefully not Cybertron - I'll be nine years a shareholder in December!

Marc Bruner speaking to Bolhassan Di: "I'm sure that we're gonna be able to work together to really make Upland a big company and so we're committed to do that"

The share options granted yesterday back this statement up with the 12p vesting condition being a hugely encouraging message about Upland's prospects.

If you add the creation of UBDS to yesterday's extraordinary development, how can Upland not be in line for a PSC in SouthEast Asia?

GLA

Massive potential upside for the Directors and Personnel granted share options with the 12p vesting condition.

5p+ is the first target though, being the vesting condition of Mr Bruner's proposed 100,000,000 share options grant.

GLA

Marc Bruner (Lost Soldier Interview, 20 February 2025): "I'm not even looking at anything else ... the rest of my life I'm going to be doing this"

Upland RNS today: 'Following its assessment of Upland's targeted Southeast Asian assets, Lost Soldier has expressed its intention to participate through farm-in agreements ... Option to Farm-In, including up to a 20% project level equity interest for Lost Soldier and up to a 10% project-level equity interest for Marc A. Bruner'

Mr Bruner must like what he sees in Upland.

Yes, and I see the stake in Lost Soldier as the sweetener for Upland.

From that video, you would have thought that Marc Bruner has his hands full with Lost Soldier in the US, so why get involved with Upland in Southeast Asia at this stage?

Marc Bruner to Bolhassan Di: "You find the big structural billion barrel targets, we'll take care of those unconventional targets, okay"

Yup, that sounds okay to me!

I see the Upland investment case more as a conundrum at the moment, as opposed to high risk.

52-week highs being hit. Great springboard for news.