Member Info for nomlungu

In April 2017 there were 2.6 billion shares in issue. 4 years later over 10 billion more shares have been issued. If "investors" were buying them to hold for the long term it could be expected that UKOG would have some significant shareholders, but they do not.

https://www.ukogplc.com/page.php?pID=5

On too many occasions the shares seem to have been issued to flippers or financiers who expect a discount to the current market price to make their cut. It is why many expect any new issue of shares to be at a discount to the prevailing market price when it is done.

Maybe it is time for UKOG to use Primary Bid and allow PIs to take advantage of cheaper shares instead of having to buy them second hand in the retail market.

Ninetails writes that he has a "fear of a total collapse" and Ozzy52 posts "a very fair and honest post there".

Ozzy52 agrees a total collapse is an honest concern; even those more positive are now getting worried. Who is going to buy the next shares issued for financing?

I am not holding any funds at the moment but have had good returns from Pictet thematic funds in the past, their Water fund being a good example:

https://www.am.pictet/en/uk/individual/funds

A cynic might say it is good for business as it boosts demand for farmed salmon and highlights the importance of using antibiotics to keep farmed salmon healthy.

Of course that Cynic would deserve the "Bullet in the Head" award; possibly with extra Canoeing.

"Next week, the National Institute of Standards and Technology, or NIST, will wrap up a comment period to modify the rules governing the Bayh-Dole Act, a law that regulates the transfer of federally funded inventions into commercial property. Under the current interpretation of the law, the government may “march in” and suspend the use of patents developed via government-funded inventions if it determines that the products are excessively priced."

"One estimate projects that if Pfizer raised the price of its coronavirus vaccine from $19.50 to $175 per dose, as one Pfizer executive recently suggested, and if every adult American were to take it, the cost would be $44.7 billion — nearly 10 percent of all U.S. drug spending."

If Pharma get away with price hikes there will be bumper profits not yet factored into their share prices.

https://theintercept.com/2021/04/02/covid-vaccine-price-hikes/

Jonathansxx,

After Putin annexed Crimea Ukraine "blocked the North Crimean Canal which had been supplying over 85 per cent of the peninsula’s water supply." This caused the agriculture industry in Crimea to fail ad has meant that Russia has had to spend money it did not want to supporting Crimeans [who are ethically 65% Russian].

Asymmetrical warfare...

https://emerging-europe.com/news/inside-crimeas-water-crisis/

"The suspect has been named by NBC as 25-year-old Noah Green from Virginia. According to his Facebook page, he is a follower of Nation of Islam. "

https://www.dailymail.co.uk/news/article-9431125/Capitol-cops-injured-car-smashes-barrier.html

A Q-Anuttuer would have had an automatic weapon or a semi-automatic with a bump stock conversion.

How much of the Kimmeridge has UKOG oil got to flow so far? Nutech calculated P50 OIP of 7.12 billion barrels so maybe shareholders were expecting dividends not [valuable?] tax losses and placings.

https://www.lse.co.uk/rns/UKOG/drilling-plans-oil-in-place-update-jtrnpku06hn6teg.html

This must not be good news for steel plants in the UK?

Greensill’s administrator, Grant Thornton, has received denials from companies listed as debtors to the steel group stating that they had never done business with Gupta, the FT report added.

https://www.reuters.com/article/britain-greensill-gupta/greensill-administrator-unable-to-verify-invoices-underpinning-loans-to-gupta-ft-idUSL4N2LU4D8

They are referring to OTC US stocks but it sure sounds like some AIM shares

https://www.nytimes.com/2021/03/18/business/penny-stocks-trading.html

I meant to add this link

https://financialpost.com/commodities/energy/bidens-proposed-2-trillion-stimulus-will-spill-over-into-canada-but-it-could-also-hurt-our-competitiveness

If Biden jump starts a turbo on the US Economy will Doris be able to resist opening the money taps and watering the money tree? He certainly wants to make concrete to rebuild that red wall blue and after the CONservatives disaster with Covid the last thing they would want is Starmer or someone else spending the money and getting the political credit for it.

If it works for Biden the pressure on other countries to spend, spend, spend will be significant.

"The risk reward of any of the current projects doesn't change"

That is incorrect - the risk / reward ration of an oil project changes with the price of oil and the value of the $. Even a novice investor should know that.

A good list to start with [you must be quite worried] but you seem to have missed SS not ever having bought shares.

Coherence for 9 seconds - sounds impossible when coherence is currently measured in fractions of a second.

Shooting seals?

https://www.theguardian.com/world/2020/jun/17/scottish-salmon-farmers-to-be-banned-from-shooting-seals

Threatening human health by the overuse of antibiotics...

And it is not an April Fool story

https://www.nytimes.com/2021/03/24/climate/salmon-vegetarian-fish.html

You are not surprised that there is a "lack of cash flow detail for Turkey" because "they are currently undertaking the construction of the well pad".

Profound.

'fact....in my opinion'

Now that makes a lot of sense? Well done Ozzy.

My eyes nearly popped out of their sockets when I read that sentence:

https://www.investorschronicle.co.uk/news/2021/03/31/boom-or-supercycle/

'Growth on top of current metals prices would see mining company earnings explode. The commodities that have hit decade-long highs or record highs in the past two years include gold, copper, iron ore, silver, palladium, rhodium, and more. An industrial boom beyond the Covid-19 recovery could push these higher. Mining investors have already had a taste of this, and BHP (BHP) and Rio Tinto (RIO) are already easily outperforming most of the FTSE 100.

Rio has a forward dividend yield of 10.1 per cent, BHP’s is 7.6 per cent, compared with the FTSE 100 average of 3.8 per cent, and their total returns have surged already. '