Member Info for nhawan

The sp will start to move up as tankers roll in and out. We've seen one go in and no doubt someone will keep an eye out when it leaves the place. A 2.5p+ close is on the cards. I'd rather see a steady rise than a big spike.

Wealdoilers on twitter reckons so :)

https://twitter.com/WealdOilers/status/1014112321671659520

BOOM TIME.....

All I can say is if the oil flow test is successful then it will change the UK's oil prospects for the future. 2.4p will look very cheap.

3p coming soon. Load up guys.

How do you know placing shares are being sold? Would they really sell for only 5-10% profit?
I suspect the sp will be quite a bit higher by this time next weekwhen the placing shares are officially introduced to the market.

Has everyone forgot that there is an EWT about to be started?

It's consolidating and slowly edging upwards. The uptrend is still intact after the test of 2p support. Very rarely does a stock drop below a placing price. Initial EWT flow RNS is due soon. The testing should commence this week imo.

2.4p next resistance. If it breaks past that then another test of 2.95p this week.

Charts indicate good support. Sp about to recover. The MM's did well to get all the can at around placing level. Can see this back over 2.5p by midday.

Very likely to bounce from the placing price of 2p. MM's soaking up for the usual recovery.

It is near time to get back. The placing was ta 2p and this is near enough there.

"Brilliant that SS has decides to get rid of YA. Could he have agreed with institutions to pay off YA with £1.75m of the £5m. "

Why would SS pay off YA when he has good old pi's to do that for him. The additional share dilution cost him nothing. I don't think he should have let YA convert at 1.15 especially when the sp could have been much higher in a few weeks or months.

The dilution at 4 or 5p would have been far less but SS chose to let YA take a bargain price at half the current sp. He does not appear to have the investors best interests at heart with agreements like that.

A successful EWT would allow UKOG to sell oil and raise cash but SS seems keen on raising a lot of cash before the EWT. He let YA out unnecessarily early too. Very suspicious Indeed.

Is he planning for failure?

Another bleeding placing. SS loves dilution it seems. Is he loading up in case HH goes t*TS up?

SS is doing some favours to YA since he actually allowed them to convert the remaining loan at 1.15p knowing full well that the sp could be alot higher in a few weeks or months. He chose to dilute the shareholders much more for what reason?

Someone should be asking this dodgy character why he doesn't have investors best interests at heart.

Not sure it was doing pi's any favours by letting YA convert at 1.15p.

Totally pathetic when he could have stopped them and force them to convert at a much higher price. Who's interests is SS actually serving ffs.

It needs to hold 2.20p based on the charts. If it stays above that for a day then consolidation will have strengthened it at this level. A rapid rise is almost always tippy and prone to sharp drops.

I'm out for now with 100% banked. Can't risk it after this sudden drop especially if the worst case scenario happens and and flow test is over before it even started.

It had risen quite a bit over the last week and it ran out of steam today. Let's see if the 2.20p range holds. Needs a close above that price to maintain the uptrend.

Would any seriously sell out before flow testing has begun? Tanker sightseeing and this will go ape.

The sp started shooting up after the last RNS stating HH operations have begun. That is the reason for the rise so it is not required to issue any share movement RNS.