Member Info for ocelot

Well spoken, Oktane.

Majedie AM down to 4.55% from 5.12% on 15/01.

My post wasn't aimed at you, Newboy58, it was just a general comment on the recurring negative themes of options and dilution.

Share options and dilution are THE recurring themes of the derampers.

Dilution is more difficult to exploit when UKOG states that its current programme is fully funded.

That leaves options as the remaining theme.

we shall see.

It IS a loss, but it's only a realised loss if you sell.

UKOG's always been a roller coaster.

We have been down at present levels on several occasions in the past.

But, in the past, these levels have tended to be associated with a placing.

That is not the case this time.

Personally, think UKOG has exaggerated on the downside, but is, of course, suffering from those who bought in with a "get-rich-quick" mentality and are now losing patience.

JP Morgan Cazenove today reiterates 290p target price.

Thans to mfhmfh on a rival site

Spot on, oilboil.

... sustained production continues to be maintained from the HH-1 extended well test ("EWT") programme, achieving a gross aggregate total of over 25,000 barrels ("bbl") to date, a significant production milestone.

Sorry, Picardy, but I prefer UKOG's use of words to yours.

oilboil,

Especially when one writes as follows:

... The deeper one reads into that RNS the more one feels all is not going exactly to plan. Reading between the lines.....

As you say, it's not clear that Picardy has read the RNS himself.

Picardy,

Can you provide the extract which includes the phrase "meeting expectations", I seem to have missed it?

Thank you.

You produce oil and sell it in ever-larger quantities.

At either HH or Brockham?

One spat we could have done without.

Positive news from Angus's Brockham would help UKOG's share price, providing further confirmation of the Weald basin concept.

£ is rising - market adjusting to higher likelihood of a softer Brexit or no Brexit at all.

Think Article 50 must be extended, which may give the Tories time to replace Mrs May.

It's such an enormous defeat, personally, can't see how she can keep going much longer.

There are always others who wish to become PM.

The government will win, but not so sure she will - the Tories don't like losers.