Member Info for oilriches

Being paid

To hold at 0.24 levels today....interest building

0.24 on the ask

Ignore the trolls most are not invested

The noise buying kicking in now. Took my £5k this morning.....strange it was shown as a sell

https://twitter.com/stockbible/status/1297613978051457024?s=21

Interestingly there has been no real recovery in this share from 1.2p. Indicators with pending newsflow points to a correction. Hard to put a value on it but this should be trading around 0.35. Happy to add at these levels mind

I will take £5k on the bell tomorrow

Kammi two way debate is fine.....let them respond when this is trading at 0.3 lol

Was the salaries not cut in April ?

At a corporate level, the Company has also instigated a number of wide ranging cost savings, many of which were underway before the pandemic struck. These include a significant cut of 20-50% to Directors' remuneration together with a reduction in non-core and non-essential asset related activities.

Thats a liability and not a secured loan agreement. Ukog raised £4.2m and settled the first payment in shares. Thereafter Ukog will determine if the next payment will be made in shares or cash

The big point for me is that they are debt free and the convertible loan was paid off....this should prove to remove some downward pressure from the sp.

Raising funds is part and parcel in oil exploration. This fact is common knowledge and will probably take place when the turkey farmout is confirmed by the government in turkey. At least these funds are being put in the ground.

Hopefully it will. The 5 days trading at the end of June was about £4m a day traded. Hence why the sp went from 0.17 to 0.54. Anywhere near them volume again and this will be into the 0.4s

The volume in this share is fantastic. Many shares on aim would love this liquidity.

Check the day day accumulated total.

Slight correction
450m traded from wc the 10th 5 days.
650 traded over 5 days last week.
Expect this to rise again next week

2 weeks ago for 5 days was approx 350m shares
Last week for 5 days way approx 650m shares
Where am I not being factual?

21 Aug 2020 0.2040 0.2300 0.2040 0.2200 0.2200 154,965,321
20 Aug 2020 0.2100 0.2200 0.2000 0.2100 0.2100 102,841,103
19 Aug 2020 0.2150 0.2300 0.2000 0.2050 0.2050 97,761,219
18 Aug 2020 0.2100 0.2250 0.2010 0.2250 0.2250 114,908,852
17 Aug 2020 0.2150 0.2400 0.2000 0.2100 0.2100 174,802,083
14 Aug 2020 0.2100 0.2200 0.2000 0.2150 0.2150 84,944,723
13 Aug 2020 0.2000 0.2240 0.1960 0.2100 0.2100 111,588,033
12 Aug 2020 0.2050 0.2070 0.1910 0.2000 0.2000 41,698,525
11 Aug 2020 0.2100 0.2180 0.2000 0.2050 0.2050 78,468,292
10 Aug 2020 0.2000 0.2200 0.1900 0.2100 0.2100 121,677,146
07 Aug 2020 0.1950 0.2100 0.1850 0.2060 0.2060 98,687,931
06 Aug 2020 0.2000 0.2080 0.1900 0.1950 0.1950 70,966,365

Who said the last few months volume????? That’s like saying how long is a piece of string. Check out the 2 week volume ....it’s clear