Member Info for Ninetails

Seadoc...I am not as mathematical as you...but have made my own valuation of where we are now and where I hope we can be going forward...my concerns are future fund raising and more dilution...if this can be avoided by slowing things down and waiting to get some decent flows from our next 2 drills I will be happy and content to wait for better things to come...hired a yacht on lake garda for tomorrow booked it weeks ago...hope for some light breeze...42 degrees today

Seadoc... Have to admire you for your openness and stating your position...but your interpretation of how things will eventually unfold is a bit different from mine...buy the way just last week sailed through the pentland firth very treacherous waters...

I have nothing against traders in general, as in the long run we are all traders...but if they come on this bb,s they should tell the truth or not comment at all...all the ramping of a stock making it seem a sure thing for the new investor, when they have full intentions of selling on the spike is deplorable...I believe UKOG will get there in the end and become value for money...but beware of all shouting for a rig to boost the sp as they most probably will be selling out on the rise...

Yep I think things were done to coincide with the planning meeting... That has been kicked down the road...so just have to wait and see...only traders waiting for a spike concerned

FOTH says on Twitter we have a placing coming...and no imminent news so expect a price drop...many of the stalwart posters that have been here championing UJO as the biggest onshore gas find since the seventies for the last week or so have already switched back to UKOG...I continue to hold in both...

Can you un find a gas and oil discovery?

The imminent arrival of the rig is pure pumpulation...

I take it ujo has been pumped and dumped by the traders for now...

Sorry that was below the belt...I am not an SS fan but hopefully he will get the job done...invested in ujo for a long time now and happy with my investment there...but UKOG will come good eventually...

IAmNotSpartacus... A we bit more than ujo are producing at the moment...

Cheers northfork we are on the same side...plenty room for onshore and offshore oil to prosper...

northfork...ramp UKOG as much as you want I am invested there but don't down the north sea as i work there and it is doing just fine...Forecasts of how much oil and gas could be produced by the UK offshore industry have been revised upwards. The industry regulator now believes 11.9 billion barrels will be extracted by 2050, up from an estimate of eight billion four years ago. So far, 43 billion barrels of oil or its gas equivalent have been extracted from UK waters. The new prediction is driven by lower production costs, technical advances and 30 new fields coming on stream

Hope you're right with the ship bit...the train was a bit slow...I am well invested here...will continue to hold a few others...but make no mistake this is my main aim investment...

Come on you rampers. Let's Go!???????? One, two, three o�clock, four o�clock, ramp Five, six, seven o�clock, eight o�clock, ramp Nine, ten, eleven o�clock, twelve o�clock, ramp We�re gonna ramp around the clock tonight Put your ramp rags on and join me, hon We�ll have some fun when the clock strikes one We�re gonna ramp around the clock tonight We�re gonna ramo, ramp, ramp�til broad daylight We�re gonna ramp, gonna ramo around the clock With apologies to Bill Hayley and the Comets

I think it might be SS himself taking a position...

Think FOTH got it right in the end UJO money now coming in here....

Excellent post Bridgedog1...highlight this part...It has cost money to get where we are, and that has diluted the shares. Mistakes have been made but the forward plan is clear to the extent that we cant have daily operational and financial updates.Its good to highlight the risks when everyone is talking it up but should be balanced.

More realistic...The tankers they come, the tankers, they go and the volume of oil is set to grow. SS is silent but doen't despair, he just burst his trousers, they're in for repair

Jmhy...good post that just about sums it up...

If a company's profit is $1 million and they have 10 million shares, it is .10 per share. If they have 100 million shares, EPS is .01 per share. Even for companies traded on a major exchange, if they do a secondary stock issue it dilutes EPS and lowers the stock price. So, yes, number of shares is important in creases the number of shares issued, or shares outstanding, through a secondary offering it generally has a negative effect on a stock's price.