Member Info for ocelot

Whoops!

If 125 = their 75%, then our 25% = 1/3rd of 125, so 41.67.

Tartine,

25% of 125 is 31.25.

Is that all?

I think your wasting your precious time.

If it's a red flag to you, Clarry, then there must be something else in UKOG that appeals to you, for you to spend any of your precious time on this board.

just 1.2m shares traded, so less than £4,000 of stock.

Clarry,

Time is money and SS has invested his time in UKOG.

What one can say with certainty is that the market doesn't believe it!

As one of the key independent producers and holder of the largest reserves and resources in the KRI, ...

Boyobach,

That claim will be based on both their oil and gas assets.

Brocal,

Corporate investors should be distinguished from IIs.

A corporate investor would be somebody like, say, Total in Tellurian.

An II would be a stock market player such as a fund manager, insurance company, pension fund, etc., etc.

Not a subscriber, so can't post full WSJ article, but these are the first lines:

Saudi Arabia is planning to cut crude exports to around 7.1 million barrels a day by the end of January in hopes of lifting oil prices above $80 a barrel, according to OPEC officials...

With thanks to cyan on a rival site.

1p is my kind of ball-park figure, too, ANSELMO, but what a game of patience it is!

Personally, don't think the market cap is correct;

Anticipate the share price to re-rate:

1/ with more information about current testing;

2/ as UKOG's plans for the future unfold in reality and they increase in credibility.

... By mid-February, U.S. imports of the kingdom’s oil could fall to the lowest in more than 30 years, according to data from the Department of Energy. The last time the flow from Saudi to the U.S. fell below half a million barrels a day was in the mid-1980s, after the kingdom slashed its production by 80 percent over four years in an ultimately unsuccessful attempt to prop up oil prices...

https://www.bloomberg.com/opinion/articles/2019-01-06/saudi-oil-production-cuts-may-stoke-oil-prices-spur-trump-tweets?srnd=premium-europe

Thank you, hasiba.

I do find Iraq's internal politics extremely difficult to understand and am appalled that the former PM, Abadi, should feel threatened.

Thank you your weekend post, Qwerty59.

... Abadi and current prime minister Adil Abdul Mahdi's guards came to a head last week when Abdul Mahdi's guards reportedly raided the former prime minister's residence in Baghdad and threatened him to leave the capital.

Hours later, Iraqi media and social media pages buzzed with reports that Abadi was on his way out of Baghdad to the Kurdistan Region.

Abadi will not relinquish his national duties and will continue as head of Nasr Coalition, read the statement.

Rasheed al-Ghazawi, a member of the Nasr bloc told Kitabat news agency that “buying a house in Erbil does not harm him as it part of Iraq," while denying claims of the former prime minister quitting Baghdad.

http://www.rudaw.net/english/middleeast/iraq/05012019

Always a bit suspicious of an RNS issued during the quiet days around Xmas and the New Year.

Now looking forward to the next RNS when it comes.

Jandialbi 219
Klassic 222
ocelot 230
Hawkey 260
Kevijoh 274

ocelot 230p

comeonvog,

The last time I calculated net assets they came to just about 500p (based on book net assets at 30/06/18 and adding on another round figure of 20p for the last 6 months).