The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
2 sides to every fund raise. 1)need for funds by the company. 2) stock liquidity generated by news flow for the lender to sell into. Equity raise by UKOG is very painful, but operations can't be funded with bottletops.
x70 more pipe in the sweetspot, 35ft Vs 2500 ft. No mention of open area of the pipe. Are the slots bigger in surface area per foot than STD circular perforations? Still risks here but the basic maths are promising.
Penguins, if you do hold shares, what prompted you to buy them? I think I may have asked you this in the past, sorry if I missed your reply but I cannot relate your posting history to someone who holds shares. I'm sure you can see where I'm coming from and how I've formed my opinion as to your motives on here. For the record, a good chunk of what you post is rational, just completed unbalanced.
Leewayne, good luck trying to get a straight answer. Penguins lurks in the shadows, waiting for someone to post a comma out of place. He clearly reads every post on here and spends a shed load of time thumbing through rns's, applications and accounts and posts hundreds of negatively slanted comments. Either bored with nothing else to do (bless him), or an intentional disruptor. The latter for me. GL.
No price predictions from me. Free cash flow coming next year. Still some headwinds to work through but a clear path ahead. Ignore the usual suspects on here. Rather sad that they wait in the shadows to jump on a post that they can pick on.
Wizard I'm no expert but ukog may fill the well bore with salt water. The weight of this solution will keep the oil in the formation. Once they start to displace the brine out of the well, the oil should flow.
Penguins, what level of detail would you expect ukog to furnish you with for predicted flow rates? Is their current commentary making you question why you invested in ukog? While we are at it, what did make you invest? I ask this because I do not believe you own 1 single share.
Questions from me:
Do you need a TR1 when the market has already been informed of how many shares you have as per aquisition rns?
What is a 6 monthly orderly market? Sell them evenly across the six month, or don't sell any for six month?
Thanks.