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Was odd they just went from just under 3% to just over to TR1 on Friday, not a clue why they would bother? We know there is 6.7b more coming so for EHGOF to stay 3% or there abouts they would have to buy more if that what they want to do? Games being played.
Future growth - https://www.irishtimes.com/business/media-and-marketing/irish-entertainment-and-media-forecast-to-cross-5bn-by-2022-1.3520390
I thought it's 2 trading days to notify so if the 2 x 250m on Friday are Ehgof it would be Wednesday next week at latest.
The notification to the issuer shall be effected as soon as possible, but not later than four trading days in the case of a non-UKissuer and two trading days in all other cases, after the date on which the relevant person:
(1) learns of the acquisition or disposal or of the possibility of exercising voting rights,
https://www.handbook.fca.org.uk/handbook/DTR/5/8.html
Wouldn't be surprised if the 250m was Ehgof now buying in after milking it all the way down. Like I said yesterday Win! Win! for them made loads on the way down now make money on the way up. I bought in yesterday, will be holding onto these for a few years until they get bought out.
Plenty of information out there can see why UKOG went for it.
https://www.ogj.com/drilling-production/article/14180259/ukog-to-begin-turkey-drilling-program
The license covers 305 sq km of the southeast Anatolian basin, a geological continuation of the Zagros fold-belt petroleum system within the foothills of the Taurus-Zagros mountains in Iraq, Iran, and Turkey. Multiple producing oil fields containing proven recoverable reserves lie to the immediate west and southeast of the license.
https://en.m.wikipedia.org/wiki/Zagros_fold_and_thrust_belt
The Zagros fold and thrust belt (Zagros FTB) is an approximately 1,800-kilometre (1,100 mi) long zone of deformed crustal rocks, formed in the foreland of the collision between the Arabian Plate and the Eurasian Plate. It is host to one of the world's largest petroleum provinces, containing about 49% of the established hydrocarbon reserves in fold and thrust belts (FTBs) and about 7% of all reserves globally.
A few variables which will either be positive or negative to the SP, Loxley vote yes or no? HH results good or bad after PBU? If no / bad then surely SS has to go? Last chance saloon! That could put SP Northwards if he was replaced. No idea what price by Xmas hoping for yes / good.
Here's https://mobile.twitter.com/N33bkp worth checking along with the the usual suspects better to have as much information as you can.
Keep an eye on https://mobile.twitter.com/N66BKP he did the two runs yesterday, just read he's fuelled up and ready to go.
Thanks for pointing it out I missed that. So waiting on the official stamp RNS from GoI? Do you think that would put the SP on upward trajectory been on a dowh hill for a while. I've been adding when I can hope to pick up a few more.