Member Info for LostAllMyShirts

Golden, I actually wrote to ECO, Navitas and PCL, suggesting to each of them that they consider taking on PEL87 . And Yes I do do such outlandish/off thwe wall things and "think outside the box"

Golden "PEL 93" you sure ?.

It IS now happening 12 Mar 2026 11:05

What I thought would happen is now happening. (A) Saudi company (I mean Saudi with massive Oil reserves) is trying to BUY a UK Listed company Capricorn (B) Energean is moving IN to Angola. This is going to increase as China ,Japan ,Middle East even and India etc will ALL be Vying to Buy into Exploration companies that before they Iran "War" they were perhaps not dreaming of.

All the Major Middle East and Western Oil Companies will be thinking to themselves "where can we get more Oil for the Future if this Middle East "war" doesnt finish or starts again. They will be looking for all their future supplies outside of Middle East ,for security and backup reasons. Like with Capricorn Energy now being sought by a Saudi company, that will be the future as all Major economies look to a "back up plan". Globalisation will become fragmented, same as is happening with Rare Earths and other metals/minerals will def happen with Oil, and Oil explorers will become targets for investment etc.

All the Major Middle East and Western Oil Companies will be thinking to themselves "where can we get more Oil for the Future if this Middle East "war" doesnt finish or starts again. They will be looking for all their future supplies outside of Middle East ,for security and backup reasons. Like with Capricorn Energy now being sought by a Saudi company, that will be the future as all Major economies look to a "back up plan". Globalisation will become fragmented, same as is happening with Rare Earths and other metals/minerals will def happen with Oil, and Oil explorers will become targets for investment etc.

@redwine, Yes I guess they do know something. Imagine this too, that all the Major Middle East and Western Oil Companies will be thinking to themselves "where can we get more Oil for the Future if this Middle East "war" doesnt finish or starts again. They will be looking for all their future supplies outside of Middle East ,for security and backup reasons. Like with Capricorn Energy now being sought by a Saudi company, that will be the future as all Major economies look to a "back up plan". Globalisation will become fragmented, same as is happening with Rare Earths and other metals/minerals will def happen with Oil, and Oil explorers will become targets for investment etc.

"mighty" not "might"

As they say Senator , "from little acorns do might oak trees grow.". I hope we see UOG grow into such "oak tree"

When I say a few years I mean more likely 5 years or more realistically.

The comment by Bose/Malkin of Corcel being a 110 Bagger got me looking deeper in to Corcel and buying more. For 2 experienced Oil men to get excited means a lot. The reason they go excited is mainly the Prospectivity of Angola with the vast Pre Salt and Post Salt reservoirs .Corcel are only scratching the surface, it will take a few years to get close to 110 bagger.

Regarding the Oil Price, the fact is the current high price is Nothing to get excited about ,at all. Oil Companies do NOT work by Extraordinary Oil prices, they work and plan by ordinary Oil prices which are based on economic activity and requirements, NOT those caused by Wars. Yes of course it is extra profit for those with massive reserves of Oil but for Exploration companies like UOG etc the high price really is NOT of relevance . So getting excited about $200 a barrel as regards UOG is not worth it . Get excited when they find they do have 7 Billion barrels at even $70 a barrel.

OK no probs.

Was trying post some images of oil leaks etc, but cant on LSE. If you use chatgpt and ask it to "find oil leaks & seepage map of orange basin in Namibia and Sth Africa" can see them

Https://link.springer.com/article/10.1007/s11001-023-09523-2?fromPaywallRec=true

Https://link.springer.com/article/10.1007/s11001-023-09523-2/figures/1

I have always rated the ECO .Block 1 Orange Basin Sth Africa, and was main reason I invested in ECO years ago, because I saw a Satellite imagery somewhere which I cannot now find, which showed multiple Oil Leaks/Seeps in that area. THAT is what excited me. All else to me was extra, even Guyana (which to be honest I as not really aware of, shamed to admit)

One of Corcel's holdings is Mount Weld REE's but does'nt get much attention. With REE's in demand for Missiles and more .I will be interested to see what happens with Mt Weld. (By the way, does anyone else find the adverts on LSE a pain in arse interrupting typing ??)

Https://www.corcelplc.com/wp-content/uploads/2024/12/202412_CRCL_Inv_Presentation_FIN.pdf

Look at 30.55 onwards and listen to their discussion about CORCEL;

https://www.youtube.com/watch?v=1s1noTFpvKM

Thanks you for that video will watch now. How opportune that I just bought 1,150,000 more shares as I was tossing up between adding to STAMPER or CORCEL and cose Corcel simply because Namibian Govt is "all over the shop" at the moment !!