Member Info for Ohmetoe

Possibly a small share repurchase ??
Im sure a series of very positive news coming from PRESIDENT would help the SP.
Cant be long until we start selling all that gas plus electrification should be completed soon. Once more revenue comes in i would hope the SP increases , but hey bo this is AIM

High risk' I'll agree with, but the 'high reward' part is seeming rather more doubtful by the fundraise...

35% increase in revenue , now making own destiny, 2000 bopd by year end , drilling early 2020 IoW where they have 3 oil pools,then the godley bridge gas discovery 56 bcf which is a fair whack, return to broadford bridge to drill a side track,then another well being drilled between the two of those. Not to mention that the planning is coming Sept 11 thats alot of work imho for an oil minnow and at 0.8 p is that worth an investment??
Risk yes like all investing reward i think so hence invested and holding

What the hell were all the sells today ??

Investors fed up wanting out ??

Mucksy i think you need to read some of the earlier info where SS explains why they cant get bank loans like many AIM companies.Once revenue pours in and they are full production they can goto the banks,,,,,dear oh dear

He probably read some of the waffle on here today so decided to put things right.

TBF Sea doc you put your downbet agenda on the table. We all know your game and fair play if it works out. However it's changing here now and I wouldn't be surprised if in the future UKOG gets bought out.

That's ok you are now obviously here as a super investor to wise us all up with your knowledge of nothing.

Come back when you can afford to invest .....filtered

I will take no notice at all with someone on this BB with 51 posts .

Ignore the negativity here,
Ukog are gaining a bigger slice of pie. Rig is now awaiting imminent arrival. Planning approval waiting for September 11th . Multi well drilling programme will start very soon after. Year end target 2000 bopd.
Then onto the Isle of Wight for drilling , Kimmeridge plus large gas play to come into the game. SS has cracked the code here in 18 months time alot of investors will be sitting pretty

Buy and Hold imho

Bigger slice of pie means more money and if everything goes to plan by year end 2000 bopd , followed by the IoW drilling early 2020.

What is not to like?

Absolutely
Totally discredited themselves yesterday

You forgot to mention the IoW planning ,

Guess UJO are planning to out the kettle on

Probably be an electric ferrari !!
Joking aside you hold this long enough and you be paying your mortgage off

I see finncap have reiterated the target price of 19p

I think it would help the SP if SS and co bought into the company .

Prop the share up before before wn announcement of rig .

But what would be an acceptable buyout price ????

RNS released this morning , confirmation of debt dropping , production up but looks like any real meat on the stick could be released late September with workover updates.

Problem here is if it keeps dropping like it has been by the time the rig arrives the SP will just bounce back to 0.95.

Was thinking the same today 0.89 when i looked seems to be slowly pulling down still. Not sure why this is happening considering what is happening here thought SP would be more stable.
Hope the rig is sooner rather than later now to give this a much needed jolt.

I hope we see an update soon as the support at 7p seems to be crocking now , some solid news on workovers would be good to try and support the SP.