Brad this idea of yours about not getting the interim PPA because of a third party not being able to give us a date for connection to the grid sounds very convenient but unless you have proof to back it up it's just an idea, an opinion. You often appear to state these ideas as 'facts' just because you wholeheartedly believe them. They're not facts unless you have proof.
I left these boards a couple of months ago after the 'imminent' didn't turn up and the de-watering process turned into a bit of a farce with one hole shut down. Then the RNS about an interim PPA came out but still no sign of it as yet. It's a constant theme with this company, over promise and under deliver, everything is always just around the next corner, except it isn't.
The time has come for them to put up or shut up. Deliver something concrete, something real and tangible that will materially have a positive effect on the shareprice for long suffering share holders. No more excuses, we've had far too many. And no more bull****!
Many people have been successfully prosecuted on many social media platforms for many different reasons. Anonymity shouldn't mean that an individual is above the law and if it can be proven that he has broken the law with libelous or defamotory remarks then the person should be held fully accountable.
No Brad it is purely guesswork and supposition on the part of an overactive and bored mind. For starters I doubt very much that it's anywhere near as simple as 'flicking a switch' they are two completely different technologies. Also the company have said that they still anticipate commercial flow rates for the current drill holes. Mentioning solar more seems to me much more about placating the stated needs of the government and various funding organisations to be and to appear to be greener.
Not very relevant? What could be more relevant than the bottom line?! AIM companies have been and are hammered time and time again for lack of revenue and the need to constantly raise money thereby diluting shareholders. This is something UOG shareholders don't need to worry about. We have revenue which crucially will grow throughout this current year, were already significantly undervalued according to two brokers and any reasonable valuation BEFORE this massive fall for the Corvid virus hit the markets. The virus will come and go and the market will recover. Our oil prices is hedged for 30 months and who knows where the oil price will be in another 18 months time? I'm sure the big oil producers will take measures to raise the oil price by then. The main point is this company is undervalued by multiples on a risked basis, on an unrisked basis it's a ten bagger!
Yes he is part salesman as any good CEO has to be amongst many other things. Certainly part of the job is selling the dream but TG also comes across as knowledgeable and assured that he knows his stuff. It's not an easy act to juggle with the unknowable date for the commercial flow rates but he seems certain that they will be achievable. He also speaks confidently about the PPA and funding. Funding is without doubt the number one priority and I'm sure that is where all efforts on the management side are now focused. He does have contingencies in place in every area which is a good thing but hopefully they won't be needed. With a bloke with his track record you have to have a large amount of belief in the man himself as much or more so than the company as a whole. If you don't it's time to move on. I do hence why I'm still here and still optimistic for a positive outcome albeit on a longer timeline than I initially anticipated. PADYOR.
You can buy £30K worth of shares in a share option scheme where you won't be subject to income tax or NI contributions on the difference between the option price and the current price however you will be subject to said taxes over this amount and you will be subject to capital gains tax if applicable.
They said in the last interview they want to utilise the coal bed methane they are already flaring (and wasting) while the de-watering process is ongoing.
After the latest RNS I've raised my personal rec to 'buy' from 'hold' not because of the prospect of an interim PPA but because it shows that the Botswana government are fully behind TLOU and this project. PADYOR.
Much more likely next week I'd have thought. They're in Egypt, if the deal is signed off they'll want to make sure the RNS is worded well and may want (hopefully) to include the latest updates from on the ground, plus the nomad/legal team will need to peruse it before release...
Except he hasn't. He's been on that board for years spouting drivel and certainly during the period when the share price was in ascendancy up to 18p, so during that rise he wasn't correct and I'm pretty sure the moment good news drops all the old rubbish he's written and lies he's propogated will be forgotten (by him) but not by me and I'm sure many others. The price is falling as long as the 3 pieces of news we're expecting don't arrive, that don't take a genius to work out! Over playing any and every fear, real and conjured up just because you've lost money years back from listening to another bb poster doesn't make that right or admiral behaviour. Tbh it's utterly pathetic and bordering on insanity to keep it up for years. If you make investment decisions based on the opinions of others you deserve all you get. Donkey isn't clever he's stupid for that very reason and no amount of claptrap posted 5 years later will get him his money back or make him look any smarter. Once an ass always an ass!
I think it's fairly obvious that 'down to earth' is 'finance thoughts' and neither poster should be taken at all seriously. Neither name have I seen before and one appears copying a post from another bb, both very negative in outlook. It really is pathetic. Wouldn't surprise me if it's another alias of that other muppet I blocked on advfn about 6 months back that Brad still loves to quote. It's getting close now I'd imagine hence the appearance of these shady characters trying to grab your shares on the cheap. I won't offer any advice like them but I will say that I won't be selling a single share. PADYOR.
I'm holding 1 million shares and have been for some time so you can add that to your totals I saw the other day Dcat, been holding for some time and no plans to sell at anywhere near these prices. 30p I'll think about it! lol PADYOR.
Unless they can forward sell say some silver I don't think they'll be taking this forward to get a measured resource, the money just ain't there in the market. Right now it looks like they're tidying up losses ends to sell earlier rather than later.