Member Info for oilboil

They have to be seen to be listening to the "poor constituents" - they then need to disregard and decide based on the merits of the case and not the whinging of the locals

It's a good idea in a simple minded way.

Unless of course you are going to rent the Oil in the tanker it won't work... It's illegal to put the Oil plates on a tanker that doesn't contain Oil and any tanker coming out of the site without Oil plates on his adds to the "waste tanker" conspiracy theory

The reason it keeps falling is that this a UK/FR company and both the UK and French governments have placed their orders elsewhere; hence the big investors are piling in to those and not NCYT

Doesn't matter if we have the best solution, we need the quickest and most popular

I won't beleive it unless he live streams it - waiting for him to show he has the balls to stand behind his words and post the live stream link

He won't he's just a pizzaboy

@inrhubarb - but that's a 40bag and that seems far fetched at present - need some actual hard facts about success to be declared by Stevie Boy before that's a possibility.

I'd be happy bunny at 1.5p

@Dodge - those not here in the glory nights of June 2017 will never understand the joy of a viewing platform and the orgasmic pleasure of a good lay-by

Anyone know if the permitted planning talked about today includes a viewing platform at the new site? You can always tell how good a drill is expected to be by whether or not a viewing platform is planned

BBC just published a story that the takeover by JD has been blcoked by competition authority

HEX is correct - you can't access debt funding without the CPR as that tells the institution lending the cash the "assets" of the organisation.

However it's been said for ages that the CPR won;t be released until UKOG is a producing company.

So both are correct ..

HEX is correct in that we need the CPR
The RNS is correct in that becoming a producer opens the way to potential debt funding (and that way is through the publishing of the CPR)

Quick question - the spike here was caused by the need (mainly in China, but everywhere essentially) for a testing kit to look for symptoms of Covid-19.

Given the Chinese can knock up a 1,000 person hospital in 5 days surely they must be able to clone a test kit in a matter of days and start churning them out by the billions from the many manufacturing plants in the country

Yes they may not be able to sell outside their borders due to copyright/patent but surely at present the largest market is the Chinese, or am I missing something?

ALBA has increased but primarily to do with their other assets not just their shared UKOG ones.

It's interesting but it doesn't necessarily mean UKOG should also rise.

Nothing against others makign a "whack of money" so long as I get my small handful in the process

Because liquid nitrogen also freezes oil

If as twitter suggests the team are on site doing the "water fix" right now it will be longer than tomorrow before we get an RNS.

Starting work on something they've already told the market about isn't an RNS event, completing it (good or bad) is an RNS event though.

So I think you've got a few days to wait yet - We've been waiting for proper good news since BB was shut-in about 2 years ago so a couple of days longer is nothing

Of course what mazik posted is pure BS.

Looking at the list of trades within the 30 minutes of close not one for 30,000 shares or approx 30K GBP

If you're going to post BS at least take a look at the publicly published trade records and pick one you can claim is yours

Closed friday too aren' they? Thanksgiving is a two-day holiday usually

How does it take the fun out, if a stock rises your holding value rises by the same amount.

If i own 1 share in a company whose shares are worth £1000 and 100,000 shares in a company whose shares are worth 1p I own £1000 in each.

If they both have a 3% mini rise I now have £1003 pounds of value in each company.

The amount of shares in issue makes no difference - it's the fact that when new shares are issued it dilutes that affects your value but that can happen no matter how many shares exist

Totally agree it's pretty cheap to install rails.

The prohibitive costs is in acquiring the land, obtaining the easements and planning permission - oh and paying the connection fee to the rail network - none of those are cheap

Not saying it can't be done, but don't underestimate how much more expensive than you'd think it actually is

It's a well known fact that penguins is the head chef at the pizza shop. His boss talks a bunch of crap so it's likely this has rubbed of on his disciple

"Shareholder agreement would be required for any sale, and I for one would not be agreeing to any sale at a 20% "premium". They'd have to prise those shares from my cold dead hands."

True but they only need a 50% plus one share majority to do it. Now I can think of enough people who are holding these at prices sub 1p who would take 1.4p right now to realise a gain.