Member Info for Phil7390

A load of bullcarp, who is waiting for a "spike"? What a trader focussed whinge.

Who'd buy in? When flows increase, revenues increase, exponential growth from revenues being used to fund new wells? Anyone interested in making some money.

I believe he fully intends to steer UKOG into becoming a successful mid-cap on the main FTSE index, to his own benefit. I'm happy to tag along for the ride. I'm well aware he has no thought for my well-being, and I'm happy being the flea on the dog.

You think? Or maybe lth are people who appreciate the prospects here are are waiting for the inevitable deluge of profits t come.

"Magellan hold the Licence but don't like the risks (or haven't got the cash). They lay off the risk by farming down to 35% and HHDL pay 100% of the costs for whatever work is defined in the agreement to earn 65%."

Attack the man, sounds like lefty politics to me. Are those guys swampies?

Other than oil actually flowing, what would it take to convince you about the Kimmeridge?

On the basis of what exactly? Increased ownership of, and revenues from, an asset that continues to expand in potential?

Any comment from Mirasol today? A simple admission that you got that one completely wrong will be fine.

Yep, those eedjits chewed through 60k of mine before I cut my losses. I remember them trying to claim the sale at a loss was in fact a sale at a profit, because those were shares they'd bough a long time ago. Creative accounting at its best.

ohmetoe I'm not sure that terraced house occupiers are huge on the car ownership scale. Government reports show that people in terraced housing and flats tend to be more public transport users. Not really the same story outside of metroplitan areas, where people are less well served by public transport.

Bought the bulk of my holdings between 5.25p and 8.4p in Feb/Mar 2016, so no, definitely not underwater. Was 10 bagging at one point, should have sold then but didn't see Babis coming. Looking forward to some good profits when the politics fades from memory.

Far from underwater here too.

I'm relaxed with that as I am hoping to gain some profits elsewhere to pile back in here hopefully before this takes off. Not sure if the timescales will pan out that way but I will be very happy if they do.

Why the drop today? Someone being invited in prior to some major news?

That old chestnut. I hold millions, so there are potentially a few thousand like me, that's all. You think people are buying and selling those in 100s? No of shares is an irrelevance.

Factual, not rampy.

He's too busy trying to get out of ANGS and back in here. Schwing.

Jump over at ANGS this morning, no RNS or anything to prompt that, maybe price hiked to let the swing traders jump ship. SP could drop here to maximise the profits of those with their hands in the till.

"The test results to date also signify that after a year of production testing, the simple non-optimised vertical HH-1 well remains capable of continuous production from both Portland and Kimmeridge zones at an aggregate rate of 450 bopd. Consequently, as a result of the test's ongoing success, in the opinion of the Directors, the future potential for significantly higher rates from the Portland HH-2z horizontal together with production from the underlying Kimmeridge therefore remains an even more tangible, imminent and exciting prospect."

Simple, non-optimised, vertical test wells churning oil black gold, from a reservoir that looks bigger every day. No drop off. Not what was expected? You missed that we are still testing?

(Mis)Calculate what you like, twist semantics until your eyes cross, HorseHill is producing wealth. In or out?

I saw 450bopd when both wells flowing, and that before HH-2z. Cracking update, and any rebuttals will be looking increasing desperate.