Member Info for nomlungu

Porky - Txtify and 12 Foot Ladder will help:

https://txtify.it/
https://12ft.io/

Sometimes ocelot gives the game away without realising. The first mention of the word "forward" in the accounts is in this sentence:

'Whilst some private investors may harbour concerns regarding the recent trend in the Company’s share price,
raising funds from equity remains a necessary part of UKOG’s strategy as it continues funding the forward growth
of its high priority projects.'

Management state that diluting shareholders is part of their strategy, the only questions are by how much, how soon and at what discount.

Remove £20 a week Universal Credit whilst wanting to spend £150k on a tree house for his kid?

A true man of the people...

https://www.theguardian.com/politics/2022/jun/25/boris-johnson-carrie-johnson-150000-treehouse-for-son-at-chequers

Is he deluded?

https://www.ft.com/content/4711150d-1d2d-417d-a14b-9a0c4fb1d8f3

“At the moment I am thinking actively about the third term and you know, what could happen then?.?.?.?this is the mid-2030s.”

warming up for trump - right nutter

https://www.youtube.com/watch?v=HiUh4Dn-5Uo

AB,

This Prof Hargreaves @ Val - where does he work? Are you sure he is a Prof? And, where would anybody be able to short Valirx?

HD - unexpected... 2 min download onto my Chromebook; might watch it on the telly.

Thanks

Even worse, he writes:

'The share price has reduced recently due to delays (thank the current climate for that), but the share price has now stabilised'

About a share down nearly 40% in a month and nearly 20% last week. Bad ramp in fact as well as taste.

Foreigner sent to Rwanda battling to return and resume his job despite CONservative MPs trying to change the rules to make him lose his job.

The first victim of CONservative Rwandan cruelty may be Doris herself.

Poetic justice.

Is ocelot's new-found obsession with the possibility of a farm out of Loxley [unproven, so how likely is that?] simply a diversionary tactic to try and get people to forget that funding for the ambitious plans that UKOG has are likely to come from placings... And some are expecting a discounted one soon.

'Researchers are feeding chickens cannabis instead of antibiotics'

https://interestingengineering.com/researchers-are-feeding-chickens-cannabis

'In January 2021, researchers at the Department of Aquatic and Animal Sciences at Chiang Mai University began a unique experiment of using cannabis instead of antibiotics in the feed used on a farm. Crushed cannabis is added to the feed and water that the birds consume, while antibiotics and medicines used in conventional poultry rearing have been withdrawn.

However, the researchers do not know exactly why the mortality rates in cannabis-fed birds are similar to those in antibiotic-fed birds during a regular season. Fewer than 10 percent of the 1,000 birds have died due to a disease, which is comparable to antibiotic-fed poultry.

Chompunut Lumsangkul, an assistant professor at the Department, told Insider that it is likely that cannabis contains bioactive compounds, i.e., substances that promote better metabolic activity in the birds, boosting their immune systems. However, the researchers haven't tested the survival of the birds against a disease like bird flu or other severe diseases that the birds fall prey to. '

More twisted facts... This is a company that wanted to use Reserve Based Lending but has no credible resource to borrow against so instead of raising finance have had to issue billions of shares.

And, let's just pretend that the CLN never happened as the debt that was repaid in shares was not insignificant.

evi,

Woodland is generally the plaything of the rich and landed gentry... So there is no council tax, Income Tax or Corporation Tax on the sale of timber; any grants received are also free of tax.

#starve_the_poor_to_save_the_nhs

ocelot keeps posting about a farmout and refers to a line in the annual accounts. Beneath that line it also states:

"Maximising return on investment by actively considering divestment after an asset has been derisked, where appropriate."

So part of UKOG's strategy is actively consider selling its production assets. Why is this also no mentioned?

'What happens when an investor maintains a short position in a company that gets delisted and declares bankruptcy? The answer is simple—the investor never has to pay back anyone because the shares are worthless.'

https://www.investopedia.com/ask/answers/maintain-short-position-delisted-stock/

The shorters make 100% profit

DDDD - some sad stories there

Ninetails,

In the last accounts, it stated [as part of OUR STRATEGY]:

3. Balance Risk and Reward
- Maximising value by ground floor or early entry where possible.
- Judicious use of farmouts to provide operational funding.
- Maximising return on investment by actively considering divestment after an asset has been derisked, where appropriate.

So a farm out of a part of Loxely is possible if they can find a willing buyer... but they might also sell Horse Hill.

https://twitter.com/PeterEd38924140/status/1540368023521038337

A new AI toy:

https://www.craiyon.com/

I did not know step 17; certainly worth a look if you use a Mac

https://www.bejarano.io/hardening-macos/

Enable Terminal secure keyboard entry
Why? To prevent other apps from snooping on what you type.
How? Go to Terminal.app > Menu bar > Terminal, click “Secure Keyboard Entry”.

Filed for insolvency? There will be some sore heads tomorrow...