GreenRoc Accelerates their World Class Project to Production as Early as 2028. Watch the full video here.
My take is...
Why produce more oil than you need to make enough profit to run HH site etc.. turn pump down on BOPD with this low POO.
When POO rises, open up pump which increases BOPD & make more profit for HH.
HH is surviving & producing oil...
Its a waiting game, so top up at this low SP & wait for the increase in SP.
GLA LTH
Vistaman..RNS says over 300bpd
Consequently, with daily flow rates from production start at Horse Hill averaging over 300 barrels of dry oil per day ("bopd"), asset-level opex, inclusive of tanker export, sales and marketing, now equates to $17/bbl.
Bwm..
Are you invested here ?
If so...why post negative comments ?
If not... why post on a bb that u r not invested in ?
I have been here since when the SP was 0.4 all those years ago & have never posted a negative comment about UKOG....
Wow, my purchase of 800,000 shares actually showed up as a BUY...
I will top up more next week when my new ISA allowance is available.
If you are a long term holder, "keep the faith"
Oil will go up in price as countries recover, IMHO.
Don't listen to the DOOMED, I can never work out why People who are NOT invested in a company or sold at a loss, come onto BB's & moan about the share...PLZ GO ON TO A BB THAT YOU RE INVESTED IN !!!!!!!!
Remember, at this moment you may have a paper loss, You will only lose if you sell at a loss...
GL ALTH