Member Info for Phil7390

SS has said so, yes. Agreed, the sooner the better.

Agree entirely Brocal, day traders and the even larger fleas who are swing traders who have found a new source of income manufacturing swings between UKOG and ANGS. Parasites.

That's called a spike. They are designed to suck PIs in to an inflated SP in the early days of an entirely plausible potential success story, then there is a rapid drop in the SP followed by a continued decline for weeks, months, years, until those who bought in on the rise give up all hope of a return on their investments and sell for a loss. Classic AIM. I wouldn't be expecting lightning to strike twice.

SP will rise as test results come in, and progress is made elsewhere on planning permissions, new wells, etc etc as UKOG progresses to become a good mid-cap oil producer. Keep it real and there will be less disappointment.

Not exactly, 15% rise doesn't get us anywhere near where we dropped from.

Not the brain dead word counter site again. Good grief. Deramping trolls reach round in a circle over that lame POS. Boom! Zero credibility.

Pingo forgets to mentions the scoping document was based on one well into the Portland. Add KL3 and whatever KL4 produces, then add another three times that for the other production wells already known about. That's where we are headed over the near future - even if BB doesn't come good in the end. Which I am confident it will.

Shame a few more don't take that approach - like Buffet - but some are content to taje a few percent here and swing between ANGS and UKOG. Undoubtedly at this point coordinated and most likely with inside info on whens news will be released. Any news, good or bad, as it can be spun either way it seems to justify a drop/raise. Would not be surprised at all, having created a 20% between UKOG and ANGS yesterday, that the position reverses today. AIM is a cesspit and there is no regulation.

You think maybe you might be part of the problem?

The Weald as a whole is proving to be such a mega opportunity for swing traders, they are having a bonanza shifting their wad between UKOG and ANGS. tyche and toblerone added to my list of non value added parasites.

He was saying that the trolls would claim all those things were priced in, not that they were facts. Keep up.

£1.3m already sold, from non-contiguous tests. and down 9%. rofl

Sorry for the typos. "Prices in" = "Priced in". "Pertlan" = "Portland".

Pertlan was already priced in they said. Kimmeridge wasn't. Even at the most pessimistic reading of the RNS KL3 is worth more than the Portland. SP should then have jumped at least 100% on this news.

So I guess now it will be claimed that KL3 was priced in already. What else? KL4 as well (despite there being, at this point, no actual results for a test that hasn't actually started)? The other production wells planned for HH as already announced? Are they priced in despite not even being identified yet? Why didn't the prices rise when that knowledge was made public and "priced in"?

This "priced in" argument is wearing as thin as confidence in Theresa May.

We have official news of having over twice the commercial assets as of today. And the share price is dropping.

Something very, very wrong here.

I suspect I was dreaming that, I can't see anything in any of the RNS.

I believe they have already applied for an extension to EWT, someone correct me if I was dreaming that?

Most working give around 11-14th for the end of the 15-day EWT. By my reckoning the couple of weeks after that will be an anxious time as trolling will ramp up immediately (no results, holding something back, must be bad, just like BB, BoD don't communicate etc etc) and the SP will drop as nervous ninnies poo their pants under the onslaught and sell. A lot depends on how quickly the results are published. It's unlikely to be immediate, but hopefully it's just a matter of dotting the i's and crossing the t's and we won;t suffer too long.

This is the problem with speculation setting expectations on a specific event, it's just loading the guns for the trolls.

Power production from renewables is up to 28.1% Q2 2018. It isn't going to decrease. We had 2 days with zero energy from coal power stations this year.

A Tesla will get you from Manchester to London with no more than a normal comfort break - if you go easy one of the larger battery models would do it without a stop and get you back to Northampton for the 20-25 min supercharge that would get you home. Battery tech advances almost weekly, and charging stations cropping up everywhere.

You can also get solar panels and a home battery station from Ikea, right now, which will allow you to recharge for free entirely from solar energy at home. This sort of off grid energy management will become more prevalent.

We will still need oil & gas in the future, we DO still need them right now, and UKOG is a 100% positive thing for the U K's current energy needs, but if you are serious about long term investment in the energy sector you should also be looking at lithium stocks, IMO.

and why is KDNC rising as fast as BCN when it only holds circa 7%?

Surely the results of a 150 day extended well test would not need to be published until the 150 day test has actually been finished? No "delaying" of results involved.Just a lack of patience perhaps.

That would be $1 billion to $5 billion market cap, or somewhere in the 14p to 70p range. Somewhere smack bang in the middle of that range would do me fine!