Member Info for ocelot

Presumably he was referring to what appear as non-current assets in the balance sheet.

Agreed, Silverlight, just let the team get on with their work, that is the most important.

Once more unto the breach, dear friends?

An explosion that will keep a major US liquefied natural gas export terminal shut for weeks will cut vital supplies to Europe, which is already struggling with uncertainty around flows of the fuel from Russia.

The Freeport LNG export facility in Texas will remain closed for at least three weeks after a fire on Wednesday, a company spokesperson said. Almost a fifth of all overseas shipments of gas from the US went via the terminal last month ...

The Texas outage is also coinciding with the start of the northern hemisphere summer, when increased use of air conditioners boosts demand from power stations. It’s likely to push European and Asian LNG prices -- which are already trading well above levels for this time of year -- higher still ...

LNG buyers will probably start hunting for replacement shipments from the spot market, but there is a dwindling amount of supplies available, according to traders in Asia. The move is likely to boost already intense competition between Asia and Europe for gas. Prices in Europe fell to three-month low on Wednesday, due in part to expectations for more supplies from the US ...

https://www.bloomberg.com/news/articles/2022-06-09/fire-at-key-us-lng-export-terminal-a-blow-for-gas-starved-europe?cmpid=BBD060922_OEU&utm_medium=email&utm_source=newsletter&utm_term=220609&utm_campaign=openeurope&sref=Em01M8Hr

UKOG has no financial debt, except for that due to the non-controlling interests in HHDL, the repayment of which is determined by HHDL and, therefore, by ... UKOG.

It has impaired is balance sheet as and when required so the balance sheet is clean.

https://www.bbc.co.uk/news/uk-england-surrey-61731019

Acknowledgements to sunbed44 on another site

Spreadex down to 2.642867%, below 3%.

After-hours trade at 17:08: 78.4m at 0.1475p.

... you cannot ... be dismissive of the fact it's gone from 11p to 0.15 ...
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Not aware that I am dismissive of the above.

I can remember the stock climbing from 0.80p to 11p. For myself, therefore, it's gone from 0.80p to 0.15p (which is nothing to shout about, agreed!).

That's your guess, Ninetails. Personally, I have no idea where the share price will be when UKOG decide to announce their next placing.

Last year, there were those who were forecasting a placing in January - it took place in July.

What is the point is spending 6 months worrying about the next placing?

There will be a placing but, personally, I have no idea when.

Nibbers,

I change my opinion from buy to strong buy (and back again!) fairly frequently. I last raised it to strong buy quite recently (at a guess, within about the last 3 weeks).

I hope I explain my position in my posts.

I expect people listen to the posters they choose to listen to, Ninetails - that's what the filter button is there for.

Looks as if there's been a bit of "buy the rumour, sell the news" this morning.

But, if that is the case, then it is above all the short-term players who have been exiting, hopefully to replaced by players with a longer-term approach.

Certainly, yesterday's news has very positive long-term implications for the stock.

The fact that they are also relying on results from HH and Loxley to keep BB going fill me with dread ...
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Why would that fill you with dread, Ibug? Surely it's simply a matter of common sense to make use of any knowledge gleaned from HH and Loxley and seek to apply it to BB?

biggest volume stock on the market and, on a rival site, top share forum.

Gas is currently the glue that holds our electricity system together and it will be an important transition fuel. (extract from the government's British energy security strategy).

Gas is currently the glue that holds our electricity system together and it will be an important transition fuel.

"Loxley lift-off", good choice of title.

https://www.barchart.com/stocks/quotes/UKOG.LN/opinion