Member Info for Ohmetoe

'So cheap to buyout UKOG and make a large scale of productions.'

Its not even proven !!
300 bbls and a few unproven assets is not a buyout

Shorters are knobbling the SP you can argue without the shorts it would be 40 p however shorts control this .
So for however long this will continue to flounder stuck in the mud and annoy holders

So how does this all get funded ??

All sounds splendid appeal at SCC planning at IoW.

So how does this all get costed ?????

'The company has a lot of Q's to answer in the coming months. '

The sure do but they wont , be lucky to get a twitter update of a pump aginst blue sky.

News coming of placement

Why would SS buy in when he knows the placing is coming.
Better off taking his disgusting bonus off the back of failure

Ok was a sham at SCC but still doesn't hide the absolute scam SS is running behind the scenes .

You lot should focus more energy on getting that conman outinstead of moaning at SCC.

You may get your money back if he goes.

Brace yourself placing coming

Agree big issues at HH

SS taking us all for mugs but got mugged himself on Monday

No they are not

Correction mixed,
Either way SS has goosed another one , trying to suck up the solent through HH so if he gets planning on IoW they can drive the tankers over.

So how do they pay for ongoing future works??
Only reason they will be debt free is through dilution as 300 bbls full of water isn't going to cover much

Exactly

It was said by most 'derampers' that if HH has issues he will focus on other assets , he has tried to hide the **** ups he has created this week and failed.
He has failed to give share holder value, diluted the company to gain assets which he has thus far and more likely continue to produce pita from these assets.
So what if UKOG gain a turnover at planning Still has to prove its commercial and not bodge the drill .

He is in this for his own gain simple as, no interest in PI's because he gets paid over the amount for failure ,time his tenure was drawn to an end at UKOG.

May as well give the job to Pingu

Probably the same planet as SS

UKOG hold a 25 year production licence , yet can't seem to get much past 300 bopd!!

Piggy sando tried a sly move this week to hide his bad news and it didn't work, gambling again and it back fired.

Any buys are just traders looking for the 20% , LTH's getting shafted to keep the carp oilman in his over inflated salary.

How is UKOG 'JUST FINE'?

A routine water fix Sando described it as and has become anything but for him . So he is incapable of doing his job ,probably got a sideline selling the Surrey Spring Water he is producing

Disagree

Piggy sando was using this as a smoke screen to hide bad news on HH .

It backfired as couldn't issue good news on planning to soften the bad news at HH

Taken from today's RNS

'
I acknowledge the concerns of private investors about 'dilution' of shares in the Company. However, it is our view that, particularly in these financially uncertain times, raising funds from equity remains the most prudent and only feasible way to fund projects that can add substantive growth in the asset value of the company.'

They forgot to mention 'and build sandos wallet'

Take a paycut ya pish taker

I thought I heard this refer to yesterday in the planning meeting.

Not alot is looking great here now tbh ..

10 p Tymers anywhere then ?

You can forget Tanzania the bloke who runs it is a nightmare

UKOG cannot expect or plan to continue with the placing approach to financing.

Well thats the thing the are as per RNS today ,

SS out simple as that

Reality here SS is hiding the water problem.
Naturally fractured means constant water issues .

Highly doubt now this will ever flow without some sort of water problem looming .