Member Info for nomlungu

Valuing a loss making asset is an esoteric art form, made easier when you are paid audit and consulting fees and issue disclaimers. As the Auditors say:

'Carrying value and correct classification of
exploration and evaluation assets (Note 11)
There is a risk that the assets are incorrectly valued
or need to be impaired. As Horse Hill entered the
production stage last year, there is a risk that the
assets are incorrectly included as intangibles when
they should be reclassified to Tangibles.'

It is the new pneumonia [the old man's friend], easily taking out the ill and infirm.

And it is Fellas, not Fellows

https://en.wikipedia.org/wiki/NAFO_(group)

The North Atlantic Fellas Organization (NAFO; a play on NATO, the North Atlantic Treaty Organization) is an Internet meme and social media movement dedicated to countering Russian propaganda and disinformation about the 2022 Russian invasion of Ukraine.[1][2][3][4]

In addition to posting irreverent commentary about the war and memes promoting Ukraine or mocking the Russian war effort and strategy ("****posting"), the group also raises funds for the Ukrainian military and other pro-Ukrainian causes.[1][3] The representation of a NAFO "Fella" is a Shiba Inu dog, often used as an avatar and sometimes described as a "cartoon dog"[3][5] or a "group of Shiba Inu soldiers".[6] According to The Economist, "NAFO's flippancy obscures its role as a remarkably successful form of information warfare."[2]

NAFO = North Atlantic Fellows Organisation

100% sarcasm; dedicated to trolling Ruzzians and their sympathisers. Often seen using a shiba inu meme on social media accounts, especially profile pictures.

'It would take very little new money coming in on FOMO to raise the share price considerably higher.'

ocelot is having a laugh - any new money coming into UKOG will most likely come from a discounted placing. The discount will cause the share price to drop.

Olivia Newton-John - Jolene ft. Dolly Parton

https://www.youtube.com/watch?v=ikbHeZBocPU

This has just been released [after Olivia Newton-John passed away]. Not really 'my cup of tea' but still pretty good, and I expect a few will enjoy hearing the track.

Careful the sudden stratospheric warming next month does not bring a very heavy frost / covering of snow that fücks up your hard work. The UK media are starting to notice:

https://www.independent.co.uk/weather/storm-otto-2023-weather-warning-map-b2284197.html

The worst (if it gets bad) could be in mid March; Storm Otto is just an outlier.

https://www.theguardian.com/environment/2023/feb/17/weather-tracker-world-braces-for-sudden-stratospheric-warming-event

https://podcasts.apple.com/gb/podcast/the-collapse-of-the-uk-housing-market-may-be-coming

So many posts about hydrogen week and yet the share price stays in the doldrums and The Dear Leader does not bless his acolytes with an RNS about this momentous event.

Was the effort worth it?

And, where is Adrian? He must be getting desperate for Admin to go home and leave him in peace to abuse other posters?

COPL - they seem to desperately need cash and bondholders seem to have converted shares at over the current share price. Signs of impending doom to me, but punters are going to ramp the over current price conversion and greedy punters are going to have one last dance?

Seems dangerous

You keep watching each others links so keep feeding the machine the same info...

I saw an ad on this site today (for eToro); most unusual. The first this year and I do not think one got through last year.

ocelot loves to spin things... Does the volume really matter when the value of the shares traded is only around £100k? And, if you are going to point out, 'it is definitely on people's radar'.,why not point out that sells outweigh buys by around 2 to 1.

So, on some people radars, and they are selling - same facts but a different picture.

Vol. Sold 125,147,539
Sold Value £74,754.29
Vol. Bought 51,912,412
Bought Value £31,645.73

Why has ells' post been deleted? Surely if Admin had said what he claimed it would have been left up?

"ells_valexpert

Posts: 3,058

Price: 0.0605

No Opinion

RE: £100 target by month endToday 09:43
Admin have said they will require ownership for UKOG to talk on here in the future so please take note

ReplyRecommend (1)Report Post"

I took note - it looks as though the claim was not true. Will ells apologise or repeat the claim? I would expect repeating it again and again if not true would lead to a permanent ban...

The lowest m/cap in FTSE100 is Hiscox at £3.889 billion

100 HSX Hiscox Ltd FTSE 100 1,122.50 3,889.9

A company qualifies by the m/cap in billions of £s not the number of billions of [nearly worthless] shares that have been issued.

#Ukraine: The Ukrainian 72nd Brigade claimed to destroy a Russian TOS-1A thermobaric multiple rocket launcher in the vicinity of Vuhledar, #Donetsk Oblast.

https://twitter.com/UAWeapons/status/1625591585948962816

MAFL have an RNS stating that Golden Sun Resources [GSR]funding received to expand gold production to 35000 ounces a year in Costa Rica; MAFL have a little over 5% equity in GSR and a small smelter royalty. MAFL up over 10% today.

From the annual accounts

"The next phase is to progress from small leach pad production to a 450 tonnes per day CIL plant, which could result in production exceeding 35,000/oz of gold per year. We believe that GSR could receive the project expansion funding via a streaming agreement with a well-known NorthAmerican mining financier in the near term, although there is no guarantee this will occur. '

Probably worth a conservative $1m a year in gold to MAFL based on a $500 an ounce profit. I expect that Golden Sun will not be paying any dividends, just growing production through reinvestment.

Well done BOD / JV

Interesting video; the Polar Vortex is stalling and expected to reverse and cause a 'Sudden Stratospheric Warming' event which is what caused the Beast from the East in 2018... Whether that happens again we will only find out in the middle of next week but some weather geeks are getting interested.

Make sure your emergency food cupboard / wood pile is stocked.

https://www.youtube.com/watch?v=i-nxUdNaLN0

Time to iron out the fact about the Balmoral Incident?