Member Info for ocelot

Moving averages:
50-day: 0.106p
100-day: 0.119p
200-day: 0.153p

It must be quite a base UKOG has established by now around the 0.10p, 0.105p level.

barchart's opinion has picked up a little: 72% SELL today v 100% SELL:

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

Could also see GROC being awarded a neighbouring licence to Amitsoq for graphite, Kirk Adams hinting about an application in his recent presentation of 19/01.

But you're "waiting" when it comes to UKOG, so your UKOG trading strategy is one of inactivity.

So you DO have a trading strategy, Ibug?

... Drilling of B-3S is scheduled to commence upon receipt and interpretation of fast-track seismic processing results, currently expected within the first quarter of 2022.

Stephen Sanderson, UKOG's Chief Executive commented:

"Concluding the first tranche of our seismic programme, specifically geared to optimise the drilling trajectories of both the B-3S and Resan-6 appraisal wells, marks an important milestone for our Turkish assets as we continue to push towards establishing first production from Basur-Resan. We look forward to the receipt of new processed data and the resultant recommencement of drilling operations."

... the prospect of accelerating inflation and higher interest rates will drag money out of equity markets and into safe havens, with gold potentially reaching $3,000 an ounce as soon as this year from about $1,800 now, he (David Garofalo, the former Goldcorp boss who now oversees Gold Royalty Corp.) said.

https://www.bloomberg.com/news/articles/2022-01-31/gold-dealmaking-is-set-to-take-off-along-with-prices-ceo-says?sref=Em01M8Hr

Oil markets opened the week higher and were heading for the biggest January gain in at least 30 years as robust demand outpaced fresh supply.

The global crude benchmark rose 0.8%, paring earlier gains, but remains on track for a 17% gain this month...

... oil held on tankers fell by more than a fifth last week, the latest sign of ebbing inventories...

While the advance has gained extra support as Russia amasses troops near Ukraine, it has also been compounded by the inability of the Organization of Petroleum Exporting Countries and its allies to meet planned supply output increases. The OPEC+ alliance gathers Wednesday to assess the market...

https://www.bloomberg.com/news/articles/2022-01-30/oil-punches-higher-at-the-week-s-open-on-demand-outlook-ukraine?sref=Em01M8Hr

UKOG have tweeted a link to this thoughtful piece:

Simply neglecting the gas security position,
and in particular its price dimension, leaves the UK with what I have elsewhere called
its “first net zero energy crisis”. (p7)

... The challenge for the US, the EU and the UK is how much climate change dominates
energy security concerns. The trouble is that the populations have all been fed a
political, lobbyist and media narrative that decarbonisation is low-cost. In this first net
zero energy price crisis, they are discovering that this is not true. (p8)

http://www.dieterhelm.co.uk/assets/secure/documents/The-implications-of-the-Russia-Ukraine-conflict-for-energy-security-and-climate-change-26.01.22.pdf

Simply neglecting the gas security position,
and in particular its price dimension, leaves the UK with what I have elsewhere called
its “first net zero energy crisis”. (p7)

... The challenge for the US, the EU and the UK is how much climate change dominates
energy security concerns. The trouble is that the populations have all been fed a
political, lobbyist and media narrative that decarbonisation is low-cost. In this first net
zero energy price crisis, they are discovering that this is not true. (p8)

It's a thoughtful piece.

http://www.dieterhelm.co.uk/assets/secure/documents/The-implications-of-the-Russia-Ukraine-conflict-for-energy-security-and-climate-change-26.01.22.pdf

Energy security isn't a vote-winner but it does fall within the government's remit.

And isn't it better to have a poster who is dealing personally in a stock than a poster who is simply making comments from the sidelines without any intention of ever buying in?

Ninetails,

I know nothing about FOTH's trading so am not in a position to make a comment thereon, but isn't it for each of us to choose our own way of investing/trading?

You are an investor in UKOG. You are in no position to keep an eye on tanker movements at HH. Do you not appreciate the videos FOTH makes available to all of us?

I would have thought all investors in UKOG appreciate Adrian's videos of tanker movements.

They provide up-to-date information whereas the OGA's figures are delayed by 3 months.

It was Churchill who said:

half the cabinet wanted to build 4 dreadnoughts, half wanted to build 6, so they compromised on 8.

Indeed, it isn't even the definition of a trader.

Ninetails,

Why do you think FOTH is a swing trader and what have you got against swing traders?

To be positive on a stock, then become negative, then become positive again, all over quite a number of years, is definitely NOT the definition of a swing trader.

Goldman Sachs is telling investors to buy gold to protect their money from soaring inflation and interest rates.

Just weeks after tipping the far riskier Bitcoin, analysts at the Wall Street bank have sent out a note telling clients: 'Gold: time to buy the defensive real asset.' ...

Analysts have raised their six-month forecast to $2,050 (£1,526) a troy ounce. It is currently trading at about $1,800 ...

https://www.dailymail.co.uk/money/markets/article-10455457/Goldman-Sachs-telling-investors-buy-gold.html?ns_mchannel=rss&ns_campaign=1490&ito=1490

There are 4 possible routes for the FSP to take:
1/ bid for Angus's 51% of Saltfleetby; 2/ bid for part of Angus's stake in Saltfleetby; 3/ bid for the whole company (possible, given its lowly market valuation); 4/ no deal is concluded (the number of participants might suggest this is unlikely, but the price offered does need to be an acceptable one).
Saltfleetby is well-advanced and close to becoming a source of recurring revenues for Angus at a time when natural gas prices are the focal point of a great deal of attention in Europe and across the world.
Think any bid for Saltfleetby would need to be quite a generous one, to persuade Angus not to follow through with their project themselves.