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I thought the other way round, that we keep 57% or 58%. Thank you for correcting.
From what I heard from the interview, there will be acquisition soon, and good news on Jamaica. He sounds very confident. Share price uplift will be step by step, let’s get to 4p, then 4.5, then 5 and so on.
The thing is I’m not negative. Im currently down on my investment so I want it to go back up. I’m actually happy after watching that video last night, I very accidentally came across that while on YouTube. I’m not a malcy regular as I find him difficult to understand. CEO sounded very confident that it’ll be drilled, that was last year and I hope all is still as good. Anyway have a good day everyone.
Have no interest in arguing.
I found this video last night and it made me feel better. Still I’m not quite what he meant by ‘fully funded’, around 11mins into the clip. I’m sure most of you have seen it.
https://www.malcysblog.com/2020/12/core-finance-ceo-interview-brian-larkin-of-united-oil-and-gas/
Do find his accent a bit difficult to understand, malcy always difficult to listen to. Sound quality is bad also.
Also is there anyone, including the directors, not disappointed if Jamaica doesn’t happen? I’ll rest now and I won’t reply anymore. I said before, I find it difficult reading with all the bickering, so I really don’t want to do that.
Goodness me. Is this some sort of witch-hunt???
Bought in hoping for Jamaica potential as a bonus, as the company is self funded. However now a lot of people saying it might not happen… even some original posters say if it happens then it’s a bonus.. I’m saying I’m disappointed if it doesn’t. Yes I should have done more research, but I went ahead only put in a small amount here. What is wrong with some people here? Not that it matters what I’m thought of.
Question for Ginger. Hope it’s ok :) Your post,
RE: what's is Net BOPD to UOG?26 Jul '21
2,730 is the NET boepd to UOG.
Bear in mind that 2730 is the average for H1.
Average for Q2 was 2,937 boepd.
Average for Q3 will likely be higher because we got an extra 132 boepd from ASD1-X on 25 May, so that affected the average by only 35 days of 90. Then there's 256 boepd from ASH-1ST2 starting 1/6/2021 so you can take 2937-(132/90*35)+132-(256/3)+256= 3,188 for Q3.
So Q3 3188. With this current uplift, how many in Q4? I honestly find UOG fairly complicated to analyze. Bought in for Jamaica. Thought the company is self funded with the potential of Jamaica.. if that doesn’t go, I’m disappointed. It is what it is.
Any reply appreciated.
Does sound like it doesn’t it. But I’m not sure if there will be more upgrade with further drilling, it sounds like that’s the max estimate for the whole Abu field? Worth emailing and ask? Does anyone have a more definite answer?