Member Info for nhawan

https://mobile.twitter.com/Adrianwfire/status/1219917141786447872

I suspect the dip today is to scare some into selling.
Work is still ongoing. All posts designed to spread fear. Good time to buy in I reckon.

So far they all claim it's a simple fix to isolate water but still seem to **** it up. Let's hope it is as they claim otherwise SS needs to be booted out.

The only reason the share is this low is because of YA constantly offloading. I doubt any holders would make anything if they sold now.

This is looking good. The initial flow is always a mixture of cleaning fluids and oil, etc. Once the water bit is plugged then expect near 100% oil. >1000bopd should be easy.

I reckon we will get it unofficial estimates when we see the tankers rolling out well before any RNS..

So you think pumping out over 1500bopd would result in a low sp? The company would be making about £1.3m per month. What are you smoking?

The sp will start to move up next week. Anyone thinking of getting in sub 1.08p may have to get in soon otherwise miss the boat. Strong support formed at this level.

The sp seems have built some decent support at 1.08p. The onyl way is up from next week imo. Who would risk being out when they complete the horizontal?

The conversative estimate between 700-1000bopd puts MCAP at around 120m for just the Potland Horizontal. With the Kimmeridge and further Portland wells I expect over 2500bopd. That should give a MCAP of around 200m. The sp should be around 4p imo. A 4x bagger from here at least.

Obviously once there is more certainty that UKOG can pump out 3000bopd+ then the sp may well go higher as they bring in revenue without more dilution.

The sp has been range bound for a while now and bounced from around 1.08p a few times. Looks like a good entry point.

:17:25 They are targetting 700-1000bopd. Perhaps not as much some expect here?

The interest today is obviously from a few ANGS investors who jumped over and the MM's took advantage by ramping the ask up. The volume is simply not here to sustain a decent rise, especially when YA is constantly in the background selling when they can.

It will close near the spike down price for sure and likely to test 0.6p next week. Always happens when you have death spiral financing to deal with. What a shambles.

Theis is due to the sell on news crew and YA selling in the background. The Horizontal is due to be completed by mid-November which gives plenty of time for fun and games. Expect a test of 1p over the next 2 weeks imo.

It was an obvious sell as soon as it spiked this morning followed by fairly low volume. The share will not maintain an upwards trend until we have lots of oil flowing and money coming in. Pi's alone cannot sustain the sp.
Profit takers will always keep downwards pressure on this short term.

Even ANGS was positive right up until they washed their hands of Brockham hence why sp on here is muted. People are rightfully cautious and taking profit when they can and it looks like now is the time to take today's profit.

It's probably gonna test 1p again over the next week or so as we wait for the horizontal well completion. The real sp mover will be when they are ready to start testing the flow rates.

Because YA is selling into any rise. Not looking particularly good for a decent move up while they are here.

They still have £4.3m to go as stated in a recent RNS.

https://www.lse.co.uk/rns/UKOG/further-loan-balance-reduction-a1syf5ihr3dhfu6.html

Taken some profit. Can't risk it after the muted response we had today. YA probably sold a good chunk on the back of it.