Member Info for Mirasol

"I don’t think that anybody has said that the oil price doesn’t affect RKH "

Afraid it does -

1. Sentiment - who knows when it will rise again

2. It affects the cash flow to Navitas from their other investments - they'll be generating less free cash and the amount of borrowing will have increase

3. Much harder to get another partner in - companies will cut back on expenditure and concentrate on producing assets that are making (some) money

It could mean SeaLion slipping (once again) to the right - not because it's a bad investment but because of the external environment. Same thing happened to Premier in 2013/2014

Things must be worse in the Accountancy profession than we thought.................

No point in ramping if no-one can buy or sell.

We'll know if they've found some deaf dumb & blind accountants to sign off on the books when we see the full ramptastic circus arrive back here a day or two before any announcement

Heid Posted in: UKOG Posts: 11,788 Price: 0.975 No Opinion

RE: Blue day31 May 2019 16:20

Blue is the colour, oil is the game

We're all together and winning here on aim

So cheer us on through the sun and rain

Cos Uncle , Uncle is his name.…

Come to Horse Hill and Adrian may welcome you

Wear your Ukog Tshirt and security sees you through

Sing loud and clear until the tankers flow

Sing Ukog Ukog everyone

As this starts to fade from view we should, I feel, mark the passing with a few remembrances of the past and those who ramped this share all the way to the end.

Standing above them all is of course Adrian , The Fool on the Hill. A man of a million false ID's, the man who literally stood shoulder to shoulder with Steve S on site. Who can forget the time he actually published his real name and home address on here? Or the "secret pipeline" to Fawley? With luck, we shall never see his like again..................

I was quoting that paid lackey Ocelot - I wonder when they'll put him out to grass - no point in ramping a stock you can't trade

There is no point anyone posting on here while the shares are suspended - it doesn't make any difference. You may convince someone one way or the other but since they can't buy or sell it's pointless.

"The (loxley) appraisal well, subject to tendering and procurement, is estimated likely to cost £ 8 million including the site construction, drilling, coring and flow testing"

and where will that money come from?

They were still producing through Monday according to the National Gas Portal. Still at similar levels to last weeks numbers

"? other than to spout the same regurgitated sheite you always do !!"

i'm sure your Gran would have washed your mouth out with soap if you'd said that around the house

you don't need to do it, its not funny and it makes you sound like you've just come out of the Bigg Market

BP - can I ask why you get so abusive when someone posts something negative?

you only seem to do it when you are invested - at other times you are quite reasonable.

You really don't need to do it.

"WG I’m not following your line of questioning. As said, share issue will raise cash. That seems clear to me. Whether they buy new furniture, pay themselves a bonus or pay down debt, it’s still raising cash."

Indeed - but they do that by issuing more shares to Forest et al-- let's say PI's maybe owned 10% of the company before the raise - they only own say 8% after the raise. Sure, the cash is in the bank right now but that is going to be paid out - so the company asset value is the same but Forest and co own more of it and we own less.

It would also be nice if ANGS could actually complete a project on time for once .

Dozens of 1 quid buys to turn the board blue............................

You get what you pay for ...........................

They'll be lucky - who is going to take shares that aren't quoted??

Looks like a lot of people are trying to get out while they can

maybe they remember PPP

19-Mar-25 0.1199

20-Mar-25 0.1178

21-Mar-25 0.1215

22-Mar-25 0.1212

23-Mar-25 0.1211

24-Mar-25 0.1183

25-Mar-25 0.1138

26-Mar-25 0.0762

27-Mar-25 0.1146

28-Mar-25 0.1153

29-Mar-25 0.1103

Lets not forget Mr Lenigas - who has been behind this all the way....................

Ocelet "In other words, a lot of players consider the potential upside in UKOG to be very substantial."

When you're in a hole as deep as UKOG the only alternative to upside is going out of business............. oh, wait.......

"Ninetails - I think he must be a marketing person paid for by UKOG in my opinion. that person rarely engages in discussion about the company and prefers to pump out uber blue sky ramptastic nonsense time and time again."

he also pumps ANGS as well - I doubt he's an employee - too risky for them if caught - certainly a paid lackey though. Oddly never talks about being invested?