Member Info for lovelife

That's a massive change!

Miscommunication.........the article is re-hashing what was already put out and didn't add anything new.

100 % this is not a straight forward yes or no.

The AGM will I think very informative to shed some light on the current situation. This is sensitive information and both parties can't divulge to much until negotiations are all over and signed off. These are late stages of a complex PSC. This has always been eluded to....

Would just like to add this land block size is massive and probably separating out isn't such a bad idea?

Just a thought?

There is obviously some political play happening here.....The Relationship with PETROS has always been good.

It feels like this is a shot across the bow from PETROS...the goal posts maybe have been moved slightly but I don't think UPL have nothing judging by the statements coming out. We wait to find out Tuesday at the AGM. But UPL aren't turning up with nothing otherwise that would have been clearer by now.......The question is what do they have, A share to start drilling ASAP because it was widely publicised Sarawak wanted to start drilling ASAP. So why could it not be the start of drilling and more work also carried out as PETROS expressed? Why do people think it is an all or nothing play here...UPL have enough about them, people & time already invested to continue working with PETROS.......

I always understood that Petros & UPL would be working hand in hand on this project...

Has it become part of the plan that UPL will work closer than expected with the technical work,

drills & application throughout the block...It's a huge area. Just a thought that this might not be a standard PSC.

Hence the time and effort lining the whole thing up and signing off.......The Article was an overview by Petros for future plans but it do's not mean they are UPL are excluded......It obvious things are yet to be concluded and this is sensitive information to be included in any external documentation.

It’s all irrelevant to be honest, the share price will do what it does over the next few days until the AGM…then clarification and company direction will sort this out one way or another. Simples

The article is outlining the future plans for the Block. A broad semi detailed overview. Presumably going into details of who they are working closely with wouldn’t be appropriate or necessary in this ?

If you add in other information from the yearly planner etc then you can presume PSC is close due to the timeframes outlined. Drilling preparation to start not long after!

?

Could be 🙏🏻, why today? It’s seem more action in the last hour compared to the last 2 weeks ???

Explain to me how 5 reasonably small sells equates to a 4.5% drop? I hope they apply the same rationale when the buys start happening and it goes in the other direction 🤔

How is this even down looking at the minimal transactions today? But definitely more buys than sells currently, head scratching. Also the gap to news is tightening so this should be starting to move up very sharply

Are all these 500,000 shares buy and sells around 14k transfers again ??? Some nice positive activity on the share today. 😊

Really quiet day but then the 2m share sell off in the last 2 hours. Regular sells over the past weeks or so of the same amount. Who knows why, seems very strange. Won’t affect the share In the long term.

Literally one trade so far today, bizarre?

So am I right In thinking this is going to massively jump and rerate upwards very quickly once news is out of no one wants to part with their shares……

You would be not joining a company without knowing 100% what your project & role would be!!!!

Big Signing at a very significant time....

Love the fact PETROS was spelt out in capitals

Let’s hope those with no patience from yesterday get caught out when the licence drops any day. 😊

Simply some people have no patience they just saw a slightly delayed date for the PSC and want to make gains now. A quick trade is what they wanted news etc. So they are selling up I suspect & wanting to return in a few weeks.

Personally the update is keeping all in the loop and spelling out exactly what UPL will be doing for the rest of this year...

It's not complicated to work out its all written down in B/W with a nice spread sheet detailing time lines....

Progress looking good

The only thing i can see why people might decide to offload for a short period is a slightly longer lead time than they expected. So no patience is at play here, but those selling because of shortsightedness will have their shares bought by people who have longevity in their mindset……some expected the PCS to be the next RNS and it wasn’t. But i have no doubt from this RNS it is on the table and it will be signed off and relayed to the market ASAP. At this point it is going north and not stopping. Fabulous update to the market.

Can you post again please, I’ll be watching 👀 🤔