Member Info for Oktane

AAlien

Typical investor here in for £5k, Rupert in for £500k, same bet for both parties in terms of being "pin money".

There are many private players that toss £100m around on very speculative trades.
Given the market cap here, pocket money for a big investor to take the whole company.

The big BUT, is what, if any, is the value of the assets? Until proven otherwise, market believes very little.

More realistic 0.15 placing price sees 3.33B more shares taking total float well past 15 billion.

That's a lot of shares for 16% of something. Buy and hold gonna be challenging here IMO.

Yanis without OGA approval for Balcombe and Salt, what is ANGS worth?

Unlikely OGA will take anything but the strictist line with us, as we are the very definition of a cowboy oil wildcatter.

Feel for anyone still in ANGS.

And please, no one, ever, listen to the most recent rampers there, Doubleheadedcon and Degsey, could they have been more wrong comparing us to Angus!

Convoy spotted by Adrian
https://mobile.twitter.com/Adrianwfire

At least two are for crude, heating up a bit!

HUR priced in all the good news before any production. They have a massive debt burden that needs much of their production revenues to service.
If UKOG priced in HH success and several other sites also producing well, a similar market cap to HUR would have us trading above 15p. Some comments on here are so un thought out...

You have to start somewhere

"Zoetic International generated revenues of £1.15 million in H1 2019, with the natural resources division accounting for £1.12 million and the CBD division, which commenced sales at the end of June 2019 in the US and the beginning of August 2019 in the UK, reporting £36,000. However, it is the trends behind these figures that reveal a more accurate impression of the Company's future trading."

Big buyer today and riding the coat tails of UKOG higher, feels like the lifeboat is alongside, time for standed LTH passengers to extract themselves?

In the trading world, accounts of self worth are best halved, then halved again.

Biggest playes watch and sometimes chat here, but never reveal strategies or positions.

GLA

More parts coming together, tomorrow is key, am a satisfied LTH not selling soon.

Too many unknowns on depletion at present, but as we would be drilling further new wells in 2020 total production in that and following years would increase, only held back by UK red tape which might be vastly reducing in a post Britexit world.

IF profits were £45m in 2020 and growing, share price 15 to 20x earnings very possible, so market cap at 20x could be 900m on £45m growing production and profits. So maybe 15p to 20p sustained. But AIM well overshoot way beyond that at some point. Will be well ups and downs, but gonna continue to be a great share to be involved in, many years of work, share placings, applications all coming together in next week, month, year!

Oh yeah, don't ya know Heid bot 1m UKOG at 0.80 but has forgot to tell us !

New lows likely as the remaining natural resources investors wake up to the fact this is a new company, and all the promising projects that got them invested are up in smoke, and this is now a pure weed play.

rxdav I hope the legal action works out, certainly seems to be a case worth investigating.

Very likely the market cap here will adjust down to reflect developing legal liabilities IMO.

I feel for anyone stuck long here, hope for the best but prepare for the worst. No volume at all time lows is either very bullish or very bearish, not facilitating any trade means change, when it comes, will move prices significantly.
Lost a little here back when it was "the only production license..."
Malcy had it so right at "uninvestable" last year.
Now it is circling the drain...

Zero trades in first 90 minutes. Hasn't been suspended or delisted has it?

Like many here I also bought into Angus to diversify my Weald investment. Always kept a much smaller position there despite their production license. Very fortunately closed out my last position in the high teens.

Today with our market cap 10x ANGS it appears the share price is about to become higher, and this is with 11x more shares issued.

Will there be anything worth buying from ANGS as our valueand free cash flow increases and very likely their market cap falls below £5 million and 1p price? Cherry pick Angus share of PDL143? Or will ANGS value soar with success of a second oil well drill at HH?

AGM smoke signal: brace yourself for new all time lows!

UKOG > ANGS share price coming soon, gonna be several road kill trollshttp on the pavement