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Oh dont get me wrong, i have a decent amount of savings, but that im not touching that. Ive been extremely frugal for the past 4 years to build up enough cash to continually put into my savings and also invest.
This extra money is for shares only.
With the rig a mear 3 weeks away (max), things can only go up imo. Ive been averaging down since i first bought and look forward to seeing lots and lots of blue days.
If it can get to 4p or even back 11p that would be amazing for me! Got a little one on the way in October so this will ease the pressure off as i can take some profit out and allow me to invest in more companies for my family!
How will the market react to this? These are very positive test flows, and the rig, once dine with the current project, will undergo maintenance then arrive on our site.
Happy to finally have some news, but no doubt positive RNS will drive the price down as per usual! (Fingers crossed it actually goes up!)
We need UK based energy sources, especially in the comj g years. The government should be supporting all these uk based oil companies
The thing is, if no deal happens and Dunsfield are struggling with oil prices, or their council is struggling financially you can bet your ass they will be looking at the money UKOG could have given them.
Its so stupid, now more than ever this country needs its own oil/gas.