Member Info for nhawan

I'm sure this will move as soon as we get some action at Balcombe or progress regarding Brockham. Should be something happening in the next couple of weeks.

The profits from the UKOG rise coming back in. They know 5p is the current bottom.

Vonk selling is not going to make a huge difference. 11m would be cleared in a week if average volume is 30m+ per day. I doubt if he sells all his holding though. It may have been a requirement of his resignation to reduce below the notifiable threshold.

It is consolidating at the current level and will no doubt make a move up once we have some action at Balcombe or Brockham. It looks like the BoD are going to make Balcome the test case to show that the water is easily fixable and then proceed with Brockham when the go ahead is given by the OGA.

The drop is obviously because of many jumping to UKOG hoping to make a gain. I suspect many will be spiked over there today.

It seems like Vonk has been selling to help YA achieve a low conversion price. Surely the guy must be getting some kickback from them. Insane that the guy can get away with it.

"As a share-holder, I would just like to have it confirmed that the wrong guy hasn't been fired, and that they haven't kept the wrong guy in place. We will know soon enough, whether this incompetent cock-up gets sorted shortly or not."

As can be seen from the latest RNS Vonk was the right guy to be fired. The guy could not wait to sell out by the looks of it. What a scum bag. Good riddance. The new investors relations seem to be far better now.

now we know why there were constant sells going through for the last couple of weeks and perhaps even before Vonk resigned. The guy should be investigated for insider trading imo.

The Balcome plans and the regular news from the new team now makes it a lot better for investors. Keep it up.

The truth or just speculation on what he thinks is going to happen? Clear deramping to suggest that nothing will happen for months hence why his post was probably removed. The agenda for some appears to be to scare people into selling. Shorting or waiting for a low entry point?

An attempt to hit the stoplosses imo. No sellers in the low 5's though.

Judging by the change in communications strategy introduced by the new CEO I reckon we will get some news by next week. They seem to be more open and willing to keep investors updated more frequently. The moment news of a rig is released the sp will recover sharply imo. Do some people really think it will drop below 5p when the sp is already at pre-Balcombe levels?

I know is it was very difficult to buy more than £10K worth of shares without going to NT in the afternoon. If that was a buy it would been earlier in the day and if it was a sell then it has been soaked up very easily.

It's oversold. In case people forget the company did test Balcombe and it was successful. Had similar water flow too.

A buying options for sure. Can't see many selling out at such a low price.

The only reason people deramp is to get in cheaper or because they are shorting. I suspect FoTH is waiting for a low entry.
It's bounced off 6.8p a few times already. Don't expect any positive pics from FOTH unless he is in.

The market appears to have realized that the Boardroom changes were a good thing. Vonk failed to get permission for the pump hence the delay. Sp about to take off.

The pump application should have been submitted well before Christmas but Vonk royally screwed up.
This explains why Tidswell's wanted him out. A CEO who can't even plan ahead deserves to be kicked out.

A good time to top up. Way oversold now. Very easy to sell a large quantity means everything is being soaked up.

It will have to reach a bottom soon. Just Balcombe and Lidsey are worth more than the current sp. Brockham is in progress so hopefully some good news soon. They haven't even put a pump on yet and people are panicking.

The few tanker sightings suggest oil may be flowing but they have slowed progress due to the board infighting. We may start to see some action now that is behind us.