Member Info for LSE337

HeadInTheSand,
My sincere apologies, I always thought that if the BOD knew of any price sensitive information they weren't able to trade in the company.

Crocqman and cyan2,
Thank you very much for taking the time to explain 'closed periods' in such a good and easy to understand way, its much appreciated.

ATB
Chris

HeadInTheSand, your: Some might wonder why this is, given that Sanderson has talked up the UKOG SP for literally years? I mean, if he was so convinced in what he was telling anyone who'd listen, why did he and his BoD never put their own skin in the game?

How curious...

For many years now there has always been something going on UKOG that only the BOD would know about, so maybe they have been in a Closed Period preventing them buying shares. We don't know but you probably know that anyway.
ATBLTH
Chris

You mention HH3 & 4 in your post in regards to costings. SS has already said in one of the RNS that they will not be done until after completion of the Turkish drilling program.
ATB
Chris

Hi Wizard, I'm only stating what it says in the RNS of 16 April. It's mentioned way after the section purely on HH where you would expect it to be.
ATB
Chris

The RNS quite clearly states after the completion of the Turkey drilling programme.
ATB
Chris

I should of added drilled after the completion of the Turkey drilling programme, so it's not going to happen anytime soon..
ATB
Chris

From RNS 16 April 21
It is expected that the further HH-3 Portland and HH-4 Kimmeridge infill wells will be planned in detail and drilled at Horse Hill following the completion of the Company's potentially transformational initial Turkey Basur-Resan appraisal drilling campaign.

HH3 & HH4 will be planned not drilled, so why are people saying it is going to happen?

ATB
Chris

Sorry Ibug I really did put Ibug I my last post.
ATB
Chris

Big
Thank you for letting me know. I must of missed the discussions.
ATB
Chris

If this is for real how come there's been no RNS on the changes?

https://drillordrop.com/2021/04/28/horse-hill-scales-back-oil-storage/amp/?__twitter_impression=true

ATB
Chris

From todays RNS.
We had a strong start to the year in January, which saw GKP's highest monthly average daily gross production of 44,405 bopd. As conditions continue to improve, we look forward to resuming the 55,000 bopd expansion project and shareholder distributions."

Yet another trade deal

"UK and Turkey sign trade deal - GOV.UK" https://www.gov.uk/government/news/uk-and-turkey-sign-trade-deal

ATB
Chris

Hi Mirasol,
You seem to sell the UK short. EU remainers kept telling everyone that these so called roll over deals would take at least 10 years.
So far 91 roll overs have been signed already along with some more in the pipeline.
I think that's a great achievement for the UK.
"Trade agreements of the United Kingdom - Wikipedia" https://en.m.wikipedia.org/wiki/Trade_agreements_of_the_United_Kingdom

ATB
Chris

Hi Mirasol,
In regards to your post;
There is nothing in the treaty about Services (80% of our exports) and you might have noticed both Wizz and Ryanair have disenfranchised UK stock holders as they want to stay"European"

I'm sure you are aware that's because they are based within the EU.
ATB
Chris

This is the best bit of the Drill or Drop article from Friends of the Earth solicitor.

we see an oil company allowed to drill for millions of tonnes of climate-wrecking oil in the English countryside.

Millions of tonnes
ATB
Chris

Hi Wizard,
Towards the end of this article it show a picture of the eco-waste chimney glowing away in the dark.

https://www.getsurrey.co.uk/news/surrey-news/shepperton-eco-parks-long-awaited-19347487

ATB
Chris

Hi Wizard
Their objections in regards to the temporary rig structure is opposite to the eco-waste plant they allowed in the middle of a housing estate that has a massive chimney.
ATB
Chris

Hi Zoom,
Tha vaccine can be kept in an ultra-low temperature freezer for up to six months, or for five days at 2-8 degrees C - a type of refrigeration commonly available at hospitals.
You would think they could sort out a system to get it into care homes within the five day timeframe.
ATB
Chris

Hi TrollHunter2
It took them about 4 weeks to post their decision online the last time.
ATB
Chris

Hi MirasolFinal ResultsTue, 31st Mar 2020 11:19RNS Number : 2157IAlba Mineral Resources PLC31 March 2020Turning to corporate matters in relation to Horse Hill, in June 2019 we announced our decision not to fund the latest cash call received from the Operator, Horse Hill Developments Limited ("HHDL" or the "Operator"). While we have not decided whether we will fund future cash requirements at Horse Hill, it is possible that we will decide not to fund, for a number of reasons including our desire to focus our efforts and expenditure on the mining projects which are under Alba's sole control. But regardless of whether Alba does or does not fund future cash calls, our investment in Horse Hill remains a near-term cash-generative opportunity for Alba. As such, and as we announced during the year, we are open to either retaining our stake in the Project through to permanent commercial production, when HHDL should generate material oil sales revenues, or to giving serious consideration to any third-party offer received prior to production which properly reflects the value of our stake.