Member Info for Newboy58

One things for sure and that’s a 15% drop tomorrow

Just looked and the SP was 1p in August 2014 and here they are, apparently a great success, apparently about to fundraise again 500 million more shares at a penny.. They should be embarrassed they way they have hammered shareholder value..

He said they have money for 2019 operations, not for buying up more shite

Let’s face it the rumour has been right every other time. Price drops and drops then they fundraise to keep KM and SS in the manor they have become accustomed to. No wonder SS never gets any skin in the game...

No idea why I take notice of PS “Bacanora CEO Peter Secker said: "The Company believes that both Capital Group's and BlackRock's reduction in holding is demonstrative of recent changes to their strategy which includes divestment of a significant number of its commodity/non-core investments. We are encouraged by the increase in demand from our retail shareholders and believe this to be the last tranche of institutional selling and thus this will no longer be a source of share price volatility. “

See, Richard heads, they will all the the same ‘not in my back yard’ objection: If they object they should be made to go everywhere by horse & card.. https://www.getsurrey.co.uk/news/surrey-news/thousands-objections-delays-decision-ukogs-16022185

Maybe not..

Useless wan ker s

C’Mon England! I hope Babis is watching....

Happy for them, that’s been a painful ride!

A lot more shares than I wanted with a lot less value.... may work out well for me in the end if they sort this financing well in Q2

Well I just bought £2.5k at 17.24 that’ll have to do!

Got to be the lack of solid news hasn’t it? Lots of jam tomorrow but nothing solid for today to strengthen the SP Fingers crossed they will get something across the line.. Atb

Not wrong SON, iTM making moves again, they definitely seem better at closing than PHE...

Funny isn’t it, just as Kdnc are selling out there is a rumour on funding that gets people buying again so they can clear their stock out, what a coincidence.... 2 + 2 usually = 4

Bit of goss and as per you get a stack of new posters ramping the bejesus out of it. Could go either way I’d say but guess I’m still not happy about the drop from 90p..

The main thing I read is the fluidity is a good thing and they Are more than happy to dilute even more, did I miss the section on returning shareholder value? : “During and beyond the reporting period, UKOG continued to be one of the largest single traded stocks on the AIM market. This liquidity enabled us to raise approximately £23 million. This financing was used to fund successful operations, multiple strategic acquisitions and working capital acquisitions necessary for our growth. UKOG's ability to raise funding quickly and in response to good opportunities is one of our underlying strengths.” “The Company will also not stand on its laurels and will continue to optimise its portfolio, rationalise ownership of key assets and seek further investment opportunities, both in the UK onshore and elsewhere. Whilst much of our current operational plan could be funded by internally generated future cash flow, we do not rule out the need for additional funding for new opportunities that could provide a step change in growth.”

Heads up! https://www.investegate.co.uk/europa-oil---38--gas--holdings--eog-/prn/transfer-of-operatorship-of-pedl143-licence/20190314070000P357E/

Hahaha..... every single economic model says any brexit will be an absolute disaster movie for this country and no deal will be even worse..

Oh give up you silly old sausage, the U.K. won’t let itself self destruct for the sake of a load of xenophobes . Wait till the people’s vote march on the 23rd, now that will be huge!