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What are you reading ?? It’s confirmation that the group is now set up and in operation and UKOG are leaning into this looking at it on our acreage - yes it’s just confirming what we have heard before, but good to see it confirmed rather than being a “ wonder when” project - just chill the rise is coming - patience
It’s just a matter of weeks before construction sorted and we get the rig mobilised to start drilling - good news in abundance and the SP will go sharply north- whether or not you stay in for the results of the drill is a hard one to call, but the indicators on the short term are positive
Seriously stop with the placing scare stories - yes I think there will be a placing - yes is suspect that will be around the 0.18 - 0.2 area and yes I know that when we spud the SP will be well north of 0.5 p this trend is heading one way
Cheers Jim - whilst I think Mike is a good guy ( lord knows my patience was tested on some of of those lacklustre investor calls) I wonder if a cheeky bid by the local oil major may get the nod from the board and a nice pay off to Mike for retirement ( to be fair at least he has bagged us Heron which was more than the shysters before him ) just a funny gut feeling I have Keats had that we would be taken out well before we start pumping oil. Obviously I had hoped that would be north of £1.80 where I purchased one of my chunks ! Very best of luck all will have to pay more attention to this now
Comment has been better today and I’m currently facing the dilemma of investing spare cash in this and averaging down or direct in BTC - I’ll keep ploughing on here - had a little tickle today and averaged down to £2.42 ( from £2.45 ) so all good - truly believe this will come very good soon and holders will be in a very good place - future is BTC
Spot on - every month another £10m plus of profit is added to the bottom line.
If you can hold tight if you can’t afford to then I’m really sorry. Fundamentals will shine through eventually and a lot of shortest will get a nasty burn