Member Info for Number6

I agree Baits

Just look at the mcap here. £18.5m.

Captain

I hope we'll see more than just 3p.

For now I think it's FotH's pics that will be supplying the news .. If only he didn't have me blocked though!

My feeling is that the sp is approaching a turning point. As news begins to emerge that the well is good to flow and the placing shares settle into the market then I am confident that the sp will rise.

I can't see that an mcap of £18.5m will be fair if Brockham flows 300+ and they decide to proceed with a couple more side tracks. Then it's Balcombe which we know can flow some!

I only wish I had more cash to put in at these lows.

Baits

It all seems to be progressing swiftly as as per the schedule. Good to see those pics from FotH, great coverage as usual. They said up-to 6 days to clear the rig etc..

The 71m placing will still be churning over and taking its toll on the sp IMO. Won't be long before we get to see a rising sp on news and more pics.

Keep the pics and vids coming Adrian.

Mr008 How do come to that conclusion?

Alexios

What on earth are you talking about?

No idea. Who are these people. I see he also says at the end the whole rumour could be rubbish. Who knows. I’ve heard zero.

Okay. Yes, the sp will be down tomorrow which will be a great opportunity for topping up. But I think it will make a strong recovery as the good news arrives.

They've got to do it now I guess. Its the only way they can raise up to £5m. No good trying to raise that kind of cash once the good news has bolted from the stable.

My thoughts are get it done fast and then quickly move on to the oil news next month. We've got the perf and isolation news coming first and sp should do well.

They must be confident it's all going well to raise up to £5m. Must have been some really good corporate presentations.

One thing I'm sure of, it won't be death spiral finance like YA!!

Let's wait and see what deals have been done.

So, the next 3 or 4 days could be the best time to top up I guess.

The wheel of fortune is spinning.

I think they may announce that the plug has been set later this week and test equipment ordered.
I'm hoping the equipment will be on site by May 16/17th. Then upto 10 days to set up.
Could be flowing by 29/30th May? I predict first results in the last week of June.

Although they said May 7th, I bet it will be Friday 3rd. I hope, anyway.
Let's see if rns before or after the bank holiday. Not that it really matters.

In theory the sp should re-rate on successful perfs and isolation as the project will be derisked.Then a race to get the oil up. Sp should fly during this period imo. Expect drone videos, loads of pics, Tweets, flare stack shots, tankers etc...

I seems all quiet now but could erupt like a volcano IMO. Imagine 3 tankers, 4 tankers and maybe 5 tankers a day!
Sp could go mental!

Gla

I'm disappointed with today's close but, actually it's not too bad all considered.

If they can sort the water out next week then that will be a game changer and bring that schedule forwards a bit more.

Let's hope for a nice surprise next week.

dsmith57 AIM ain't for everyone and obviously it's not your bag. Good luck elsewhere.

dsmith57 I don't blame you! Ukog for me has been my worst investment ever. An absolute dog of a share imo. However, great prospects here soon. Angus has real re-rate potential I reckon. Should be multi bags from here by June imho. Then it's Balcombe! Gla

It would be cracking stuff if they can get the water sorted by the end of next week. Get this sp motoring once again. Gla

Very clear and informative communication from Angus now. Happy days.

Looking forward to Monday am.

If work starts on Friday 12th April as planned then hopefully, the water issue will be sorted by 30th April (allowing about 10 working days to do the work, excluding Easter). I reckon another 9 days to re-perforate as per the schedule, which will take us to about the 14th May. Then it's a 14 day wait for the well testing equipment which should mean that first flows could be during the first week of June. We should see a steady increase in the sp as Angs progress through this schedule. But, ultimately depends on the oil numbers in June of course. The great thing about Angs now is the communication. We all have a very good idea for what to expect over the coming few weeks. It's a superb investment in my opinion with Balcombe yet to come! Gla

If these rumours of a 1p placing are true then ukog will have c.6.214bn shares in issue which is huge.

How long before a share consolidation?

If SS is raising £5m then it is likely to be for another purchase but it won't be to buy Angus.

Tomorrow will no doubt prove to be interesting.

This share is now news driven and will rerate on approvals and a successful water isolation. Then it's a question of how much oil flow. Huge upside to come imho

5.45p