Last part of editorial, favourable to our cause. UK on shore drilling looks to be faster and safer than under water. January for Egdon flowing oil from wressle. With the Kimmeridge from Brockham, I would expect the UKOG and ANGS.investors to start the chat about the Holmwood as they both have interest here and it is the same size roughly as Horse Hill Licence, That is 10 times the size of Brockham. Really expect to see big up move as UKOG have a market cap of £300m and they are not funding from income like we will be after Wressle flows.
So approx £1 = Aus $i.64 so 26cents a pop is 16p in UK. So if we can buy aussie shares this would be a bit of a good thing, on the other hand the maths could be wrong.
Mine in an X/O isa acct. Deals on internet no problems experienced, also other weald players held in same account to avoid the tax liabilities that success will bring to most holders.
Has finished RNS about Drombeg could be tomorrow. A contact on ship (not mine) would not say either way about the result.
The drill is still on going, pointing to "hopeful conclusion" as the action of over 200 share deals points to a huge increase in traffic for a day. also the increase in share price. On the other hand it could be barryroe news. As we also see treble our share activity one leans to good news from Drombeg drill. Angus rig probably only 6 weeks away from drilling Holmwood too. Also only 9 weeks to Wressle action. I'm excited and feeling good "Forces" about this company. Hold tight a few weeks away.
With news about to break with Lidsey and Brockham, is the share price fixed down here for the ASX to get a real time, gob smacking, undervalued, bargain of the decade ?
Confirming kimmeridge loaded with oil at their Broadbrige site. Big positive for Angus at Brockham site. their shares moving up as a result. Holmwood site kimmeridge showing no knock on effect just yet. Companies too far under radar and not promoted. IMo
With the OGA about to arrive for Angus at their Brockham well, the flow of their kimmeridge oil will be the fillet for this share to move if the anticipation is the same as it was for ukog. They ukog went from under 1p to current 7p having been up in double figures. Remembering too that they have 10 times the number of shares we have. Then we have all our other assets to back us up. Wow ! this is one super share to have an interest in. IMO of course
There seems to be no value in our share price for the kimmeridge effect being enjoyed by others in the weald basin. The confirmation of this limestone in Brockham in the amount stated has a cross over to Holmwood. The rig is being moved from Broadbridge site to go to Lidsey from there after around 6 weeks it should end up at Holmwood to get us some confirmation that indeed the huge potential showing elsewhere is replicated for us and the size of Holmwood is 10 times that of Brockham. As I say none of that is yet factored in to our asset.
Then you may have missed it double in price. 24p a few weeks back and we are definitely drilling in the next week.
He only joined this BB in May has had 20 posts on here all negative and ****ging off all posters.I have reported it. Any investor wants their investment to succeed. So negative posting suggests the opposite. Anyway we are fairly quiet here, so I might use the filter if I stop laughing at his stupid posts.
A report about UJO and their holdings in Holmwood/wressle and biscathorpe make very good reading. It also includes a note from Brokers who are very upbeat over Holmwood.
So not much going on. A few top ups. Most of us know the assets here and are long on the share, so very few to trade. The mm's have to tempt action, it's their job, but nothing posted here will have any effect. This has very little downside and HUGE upside. Read the company news and all possible transformation projects that there are. Just one needs to hit and this becomes the talk of decade.IMO.
I received mine.Gave me a lift while we wait. So many things going on for such a small company. Has to be satisfying to all shareholders, getting a private update. He should do it more often and then the de-rampers would stick out like................you can finish that sentence for yourselves. lol
One would have thought a RNS would have been issued if it was bad news on the drill. The Icemax is still there, so one has to think some executive decisions are being made, whether they be fairly good, good, or hugely exciting. I know which camp I am in.
That buying spree could be to buy ukog out of Holmwood. Just a thought.
This could be drilled from on land around the Scarborough area and would be so helpful to the uk energy supplies for many years to come. I am getting older by the day and would love EOG's potential to start showing sooner rather than later. I'm already turned 70 and would like to see some rewards to spend whilst I have the energy. Can somebody put a candle up the council bottom's to get some action somewhere round our many exciting projects. Poet's day think I'll have a glass now thats off my chest.
Not much action today so far.. Largest trade £2400 but movement fairly significant when only 11 trades are completed. Shows how fast this will move when the drill bit is closer to working on any of our prospects awaiting imminent action.
There is something going on over there. The drill ship moved away for a day and has now positioned back over the drill site. When the druid was finished they were very quick to confirm it was not a goer. They have kept their council over this drombeg drill, so from that point of view, I have a positive outlook. Total oil have a decision to take up their 35%. Was it successful ? Was it partially successful ? Waiting is so hard when you know it is any day now for the answer.
I notice the trades seem to be us regulars topping up the few hundred pound ones having to pay .05p more.