astonishing how many rampers suddenly appeared on here - and now they've all gone, having done their dirty work and shifted several Bn shares into the hands of losers.
We warned them but do they listen?................ never
"IT SEEMS THAT COMING UP TO CLOSE OF BUISNESS ON A FRIDAY AFTERNOON THE SHARE PRICE IS RISING! WOULDN’T WANT TO BE OUT OF THIS OVER YHE WEEKEND! BUYS NOW ARE MORE THAN SELLS. SO FILL YOUR BOOTS BEFORE ITS TOO LATE!"
Why has the price suddenly gone up? The only new fact is that they have permission to drill - which was never in doubt. Probably no solid news on success or failure until early August
RE: new Investor Question asked 06/047 Apr 2021 14:18
Big problem is SCC - they really don't trust ANGS (and who can blame them?) very unlikely they'll allow water disposal - so we'll finish up with another Public Enquiry.................
UKOH have always been very bad at issuing TR1's etc - they never posted about Magellan's position after they were given shares as part of the buyout and Cadogan was much the same
"maybe AME would take shares in UKOG rather than cash to pay for seismic and drilling -"
they've never done it with any of their previous farminees - they need CASH to pay their workers and for their own lifestyle - not to support a bunch of brits (and 1 american) - would you take shares knowing there's another dilution coming?
"why don't we ever board member see Allen Howard offer an opinion? After all, he knows how to develop the Austin Chalk which is a fractured reservoir with matrix permeability an order of magnitude better than HH micrites. Maybe he's happy with his income from running NuTech."
he left Nutech several years ago but his new outfit still does pretty well out of UK Shareholders here