Member Info for Mirasol

"Wonder if it will be on 7th January Planning Committee Agenda ?"

The last 4 monthly meetings have all been cancelled....................

Brave man PCs - brave man - that looks actionable to me

DoD has an agenda for sure but I think you'll find that a DIRECT QUOTE is what it says - m'legal friends would have field day if she mis-quoted SS - and he's red hot on that use of the law as a lot of the great unwashed have found out already.

I think PCS has slightly mis-read the report - it wasn't "some people" who were talking about mid 2020 it was Stevie

The report clearly says "Mr Sanderson said the company aimed to put the Horse Hill site into full production by September 2020 "

TBF PCS was correct on one RNS and wrong on the next "word on the street" - 50% isn't too bad for predictions on this board........................................

PCS

that is a direct report from the Drill or Drop website quoting SS. If that's wrong he will sue the s*** out of them. I don't like Ms Hayhurst (I have met her) but she is a proper journalist and almost certainly has recorded what was said. It's not "hearsay" - it's a direct report.

You may not like it - but that's clearly what he said- or you can say Drill or Drop are liars and wait for the solicitors invitation to attend court.

I presume by "full production" he means more than the HH-2z well - I certainly hope so

from the DoD article on yesterdays IoW meeting

Several people at the event questioned how UKOG could fund the drilling on the Isle of Wight because it had no sites yet in full production. Mr Sanderson said the company aimed to put the Horse Hill site into full production by September 2020 and this would generate cash for other activities. He said: “When we have established a production facility at Horse Hill, we will also be able to borrow money from debt if we need to, based on the value of the oil in the ground.”

Johnny - that RNS is nearly a year old... at UKOG you can depend on an RNS as a forecast for around 48 hours in the future.

Personally I expect the NOMADS will start disappearing for Christmas around Thursday so if we haven't seen one buy then t could well be the New Year

And don't forget the Welsh Gold!!1 and the Graphite in N Greenland!!!!!!!

All run by George F as well.......................... I can see the punters killing for a share.............

"If this flows you'll see much better returns from money invested in alba plus gold mine news is out soon could be double bubble."

I spot Double Headed Crook under another name - again........................ ALba have no money at all for anything

Just re read Nomlungu's post "'A significantly higher level of cash generation beckons and, with it, the possibility of no longer needing to rely exclusively upon placings as a source of finance.'"

Note use of the word "exclusively" - that sounds like "we'll still dilute you but just not as fast as before"

Would they have been putting in enormous tanks last week if they thought there was a problem? Very unlikely.

People get hung up on words like "early December" when the whole history of onshore UK is delay, delay & delay

Pboo - I appreciate the links - especially the second one - but these people never speak.

The Chairman & SFO say a few words at the AGM but they are never heard of for the rest of the year - it's all & only SS

IIRC Cartwright did some solid speaking at the HH Planning Application Meeting but otherwise??? And I think they mentioned they'd hired Bone away from IGAS to help with development but that's it .

It's interesting how little we know about the rest of UKOG other than SS- the other Directors never speak and are rarely pictured. In most oil companies there are bio's on the web-site of the main technical guys as well.

But UKOG is very much a one-man band PR wise

Be interesting to turn up and actually meet the UKOG team - see if they resemble Sauron's Orc's or a conclave of The Wise.....................

Magellan had been pretty dormant for years in the UK - they were based out of Brisbane at one point IIRC but then were a useful vehicle to get Tellurian a listing?

remember as people like IBug pointed out a lot of the original (non Tellurian) companies ran out of the same office building in St James.................................

Because the other HHDL companies were all mates of Dave Lenigas as well - they knew them like you'd know your own family. They were all strapped for cash - Angus, Solo, and the other drosssy little outfits

Tellurian had farmed the acreage out originally and sold up their other Onshore UK assets (or let them drop) - strategically they were only talking about their vast LNG scheme in the US - they were clearly for sale at the right time and the right price

I think you have to blame the BoD. They must have known in early 2019 they were going to have to takeout Tellurian and some of the lesser fry, and that they didn't have the rig set up (so it went to W Newton). Trouble is if AIM CEO's started to tell the unvarnished truth about the risks no-one would ever invest in them. All AIM stocks are a fairy tale to some extent.

And it's not just AIM - look at the hysterical reaction to Tullow announcing a 20% cut in production - a 70% fall in the price - the Stock Market is all a Casino TBH but at least in a Casino you know it 'll be run by well organised, professional members of the Friends of Italian Opera or a Traditional Chinese Cultural Society..............

boredom, alcohol (just look at this board after about 21:00 on a Friday), the wish to be proved right, - it's endless

The good thing is that it keeps the off the streets

Angus yesterday

1 trade of 6,403 shares at 0.937p Thu 16:38

And that was it, just the one trade all day