Member Info for Ohmetoe

If memory is correct it held up very well upon the virus market collapse. Every other stock fell through the floor . Where little ukog only stumbled down .
Then the 10 yearly oil spat squashed it ,most oiler's have had some sort of recovery e.g PMO or TLW 3 baggers.
Sadly little UKOG is still going down , end of the year when pressure of constant confetti may stop the rot

Very odd the amount of selling here when looking at fixed price sales of oil in Argentina along with Brent steadily rising

'Fortunately SS sorted out Ukog water problem very swiftly in the circumstances and at a relatively low cost.'

Did they release the costing of this operation?
Apologies if i missed this

Probably finish 25 p

 'the bottom was reached, and this will be a very decent rebound play for anyone getting in at these prices'

Agree have been here before on the bounce with the Dail Mail article, and at current rate this is defo undervalued . Got some leg room herewhen we return to new normal

So runiing at a loss and nothing has changed in last few months

' It is your right to castigate someone whom you believe has failed or misled you as long as you fully explain what he, SS, should have done differently. '

Resigned

Not more successful but definitely correct as it stands over last couple years. I believe in UKOG but i dont believe in piggy sando he feeds all the ammo .

Has SS and Co gone back to the site yet ?

Wondering if they are still absent with lockdown as around my way pretty much everything is open in some format or other ,including pubs doing take away! !

' No reputable outfit will lend a dollar at reasonable rates and terms until there is a CPR - even then they will crawl all over it with their own experts '

They may not qualify at all ,banks were reducing RBL for small oiler's prior to any recession talk. Now we have been told to expect tough times.

'Update on Progress(if any) ????'

Maybe why no update, nothing has been happening whilst on lockdown ???

Its just so shhhhhhh quiet !!

Brent trotting upwards nicely

They have to pay up otherwise SS may not have a business to pay him his inflated earnings quite simple to see what is going on

Minor attempt to stop the rot

Reading that just confirms how utterly incompetent he is for the company, yet very competent for his own bank balance.

Cant see the second one happening SS likes his hand in the trough not taking his hand out of it

'is due a great run eventually and that's why I bought in'

You would think so ,but not quite yet later in the year hopefully see some movement upward.

Wizard unfortunately it's all just guesswork.
Would be good to know

Oilybloke no guarantee of an RBL , banks are lending less if at all to small oilers now unfortunately. Another concern to add to the growing list.

ANNOUNCE FLOW RATES
ANNOUNCE UODATED CPR
ANNOUNCE RBL