Member Info for Mirasol

Astounding to think that a load of people have lost almost 50% of their investment in less than a week. It took most of us a year or so way back......... but as W C Fields said " you cannot cheat an honest man, nor smarten up a chump. Therefore, never give a sucker an even break".

And anyone how bought in last week is without checking the history here is really a Chump & a Sucker.

FID is not a Falkland's Govt action it's up to Navitas & RKH

they can take it whenever they like - Christmas Day if it suits them.

Yes two v poor days then flush production - they seem to need to intervene every 2-4 weeks now. Quite similar to Horse Hill when it was producing

Just numbers really and the standard boiler plate

No real discussion of plans or current ventures

Note tho

"The Directors considered the potential impact of the moratorium on hydraulic fracturing for shale-gas on the Group's unconventional asset portfolio, including the core area of the Gainsborough Trough. Whilst there is no indication of a change of position in relation the moratorium at this time, the presence of alternative gas resource opportunities within these licences capable of recovering the value of investments in the absence of lifting the moratorium led the Directors to conclude that no impairments were considered necessary in 2024 (period ended 31 December 2023 - £Nil).

The Directors remain of the view that it would be possible to demonstrate that hydraulic fracturing can be undertaken in a safe and environmentally responsible manner. "

Another 10% off your value today - if they dilute again later this week that'll be another 10% - think of the poor sodds who paid nearly 0.05 last week - already suffering from the Curse of UKOG

23-Sep-25 0.0807

24-Sep-25 0.1292

25-Sep-25 0.1345

26-Sep-25 0.1351

27-Sep-25 0.1342

28-Sep-25 0.1344 mcm per day

29-Sep-25 0.1219

30-Sep-25 0.1374

01-Oct-25 0.1371

02-Oct-25 0.1365

03-Oct-25 0.0086

04-Oct-25 0.0822

30 day running average 0.1226 mcum per day

"So despite past controversy this share looks like it still has people and investors that believe it has some milage ,"

But those people disappear in a week or less -when their job is done - we've seen it over and over and over. Shares pumped, the credulous trapped, massive dilution and another 3 years of nothing happening

We REALLY have reached the bottom - Laura quoting Lenigas with approval - the man who brought so many fabulous shares to the market - PPP, UKOG

Wikipedia:-

" finance commentators have noted that most of the "hundreds" of companies he has been involved in, and "stock promoted" for, have failed to generate any successful shareholder returns.

In 2009 he was one of a group of people claiming that he had been libelled when an investment publication in South Africa had described the group of executives of one of Lenigas' ventures as "cynically and greedily indulged in self-enrichment at the expense of, and contrary to the interests of, shareholders". The High Court of Justice of the United Kingdom rejected Lenigas' and the other claimants' libel claim, and found in favour of the publisher."

"My plan isn’t to stare at the SP every five minutes – it’s to wait for material confirmation events "

join the line - we've been waiting over 10 years - HH, Kimmeridge Gas, Loxley, Isle of Wight, Turkey........................... all going to be "transformational" but all we ever get is more dilution, more pump & dump. If you think this company has changed you're a fool.

Yes - they can either continue their lifestyle company for another three years or they can use the money to plug the non-producing wells

and of course they now have ++20 BN shares issued

I hope you realise that that money they've just raised will almost all go on abandoning the wells they already have.

"I’m viewing this as a phenomenal LTH in my SIPP"

I'd seriously suggest you review the performance of this share over the last 10 years .................

And what has happened in teh 18 months since that article

Zero

Sorry - I forgot - we're suspended

"When the shares have been admitted, you will see the market cap jump to reflect them."

Another 1600000000 shares Ocelot - another massive dilution

" SS does not waste time I imagine the long term plans are on the table now being analysed in every detail, "

yup - new car, new salmon slacks. Perhaps a seat at Wimbledon - safe in the knowledge he has another 3 years on the gravy train

"The National Wealth Fund will mobilise billions of pounds of investment in the"

Note INVETSMENT - not Government money. Do you think anyone is going to invest in a company based on death spiral financing with 16 Billion shares worth tenths of penny? I'm sure its top of the list.....................

I got my millions billions and trillions mixed up -it's so easy here with 16,200,000,000 shares on the loose

- 0.04p 0.05p of course!

"Plenty of these now is sticky hands and being tucked away"

yep all those poor guys who bought at 4p or 5p on Wednesday and were sitting on a 30% -60% loss by Thursday

now trapped in UKOG forever

"If it had been decided to abandon the RTO, they would have informed us without delay."

have you had that assurance from your Masters Ocelot?

£ 3 million should keep the lifestyle of the BoD (and their advisors and their creatures) going for another 3 years........................