Member Info for ocelot

"... to see and hope if they can get part of their invested cash back".

That would suggest the investors concerned do not believe UKOG to be such a dead duck after all!

It's a curious one: Superbigmac says "I can't believe there's still people here wasting their time on this dead duck" and, for the present, 4 posters recommend his post.

So there are 4 posters who believe and accept they are "wasting their time on this dead duck".

Why would they choose to waste their time in this way?

May be mistaken, but don't see the shares being used for an acquisition, because management is convinced the shares are undervalued.

In theory, when you use shares as currency, you want them to be correctly valued by the market.

Thanks for the post, Robbie2017.

"On the cusp" of making final submissions to NRW re dewatering - if all goes well, hoping for a positive response in February, at which point they can proceed very quickly.

Work on the waste rock dump is all about generating early cash flow.

18/11/22 is a Friday, not a Thursday.

The answer to that one is "no, they don't".

Unlikely, given that the 16th is this Sunday and the 17th this Monday.

SS's first purchase was made on 16/12/21 and announced on 17/12/21.

The last purchase under the current programme is expected to occur on 18/11/22.

The announcement of the 2nd purchase should be made at the beginning of next week.

Agreed, EchDelta, the board reads like an agony column on occasions.

a ridiculously large pay rise ... from a ridiculously low to a very modest level of remuneration (imho).

Further news re the strategic review can come out at any time of the day.

We know GL gets his RNSs out quickly and he will want to counter the possibility of any leaks.

The General Meeting to increase the authority to raise share capital.

$85.06

11am tomorrow.

Oil climbed to its highest level since November as two major agencies indicated that markets may be tighter than previously forecast.

West Texas Intermediate traded above $82. On Wednesday, the International Energy Agency’s Fatih Birol said the relatively small hit to demand from omicron means consumption has been stronger than many observers had expected. That followed a monthly report from the U.S. Energy Information Administration on Tuesday that showed global oil inventories will decline slightly in the first quarter, compared with a previous forecast of expansion... (from Bloomberg)

PS: I should add that I filter Cynderlad so my post of 11:11 was prompted by my understanding of wizard's of 09:58.

Unfortunately for Cynderlad, has has form for this kind of predicton: the day after he stated categorically that Turkey was off, UKOG confirmed it was on.

UKOOG has come to the defence of UKOG and its Loxley natural gas project following comments made by the local MP, Jeremy Hunt. It is, imho, a good letter:

https://investigatingbalcombeandcuadrilla.files.wordpress.com/2022/01/ukoog-letter-to-jhunt-mp-1.pdf

https://drillordrop.com/2022/01/11/onshore-gas-industry-hits-back-at-senior-torys-criticism-of-dunsfold-drilling-plans/

https://drillordrop.com/2022/01/11/onshore-gas-industry-hits-back-at-senior-torys-criticism-of-dunsfold-drilling-plans/

Stuck between the 50-day and 100-day moving averages at present.
50-Day 0.111
100-Day 0.125
200-Day 0.161

Opinion: 56% SELL.

https://www.barchart.com/stocks/quotes/UKOG.LN/technical-analysis