Member Info for ocelot

From DL's tweet:

38-40 API oil from the Kimmeridge at Lidsey. This is very significant indeed. This potentially makes the mature oil windows in the Weald Basin a lot bigger than originally thought. This is why I wanted in to this play! ...

So they do, argus1 :-)

"... given UKOG's current plans, mean that it has sufficient working capital for the next 18 months". (the RNS).

Today is 02/07/18.

The next 18 months takes us through to the end of 2019, "given UKOG's current plans".

Neither the French nor Primorus are institutional investors.

great!

reckon all of the £1.75m of shares will have been sold by the end of today - bullish!

Re Kimmeridge Development Concept, p 15:

Production costs estimated @
~ £17/bbl or $21/bbl

For myself, the stock's decline post the BB results was an over-reaction which endured about 4 months.

The current recovery is, for the present, therefore, simply a correction of that over-reaction.

It's the eventual move above the 3p range where things can become more interesting.

Can remember a figure of $21 for production costs.

... In Libya, where a dispute over control of key ports has hindered output, the Arabian Gulf Oil Co. on Saturday halted 220,000 barrels a day of production, according to a person familiar with the outage...

https://www.bloomberg.com/news/articles/2018-06-30/trump-asks-saudi-arabia-to-boost-oil-output-to-offset-high-price

It's the way all traders start, isn't it?

To make losses is the essential initiation process for all novice traders.

Agreed, stuarto33.

Would only listen to a trader who admitted to having made losses and had managed to trade his/her way out of them.

... Don't underestimate the predicting mind of Billy Bill.

-----------------------------------------------------------------------

Don't overestimate it either.

The best is simply to make up one's own mind for oneself.

Givetheinfo 210
Withoutt 289
Mark888man 291
GivingTheLowdown 294
Hasiba 296
Hydrogen 299
Hawkey 300
Stockbuster 301
Ocelot 310
Broadland 315
Rangor 339

stupid, self-destructive and ... democratic.

Trump says a lot of things!

He can't write:

"Prices to high!". No.

Prices too high! Yes.

Trump says a lot of things!

He can't write:

"Prices to high!". No.

Price too high. Yes.

if YA's next conversion RNS won't be for £1m, which they could only do this quarter with UKOG's agreement.

if YA's next conversion RNS won't be for 1m shares, which they could only do this quarter with UKOG's agreement.

My 310 is in hope goes 400p :-)