Member Info for Phil7390

I was just thinking that today. I wonder which company is suffering from his attentions instead.

Having VW "swoop in" would transform EMH from a "relatively unknown high risk junior miner" though. Even if you accept that a company the subject of discussions in a foreign parliament and a key issue in an election campaign is "relatively unknown".

Involvement of a major player in the auto industry would focus political views and, in my view, remove much of any remaining political uncertainty, and obviously would address funding issues.

It may be a dream, but it's one that has to be considered plausible. I can't see EMH gaining a market foothold by selling bags on white powder on market stalls, this is only going to move when someone "swoops in". It may as well be VW, and they are odds on favourite in my view.

Whether lowly PIs get any slice of the cake is another question.

Yay, I'm less than 50% down now, great progress.

Yes, sorry, those flow rates were from the 10 Oct RNS. Were the 6 production licence applications also public domain already?

Fair enough Penguins, I'm not sure how I missed the 10 Oct RNS. How on earth has the SP not gone up if we already know that the Kimmeridge is flowing?

Flow rates from KL3 looks suspiciously like NEW NEWS to me, and massive new news at that, given that it isn't priced in to the SP as many say for the Portland flow.

That "It does indeed" was meant for Mick2, but applies equally to Taxis.

KL3: "Sustained continuous oil rates of between 563 and 771 barrels of oil per day (“bopd”) ... recorded over last 24 hours"

It does indeed.

"HHDL currently envisages the Portland field development plan to consist of up to 3 production
wells and up to 2 pressure support wells.
• A planning application for Portland and Kimmeridge field development is nearing completion
and is targeted for submission to Surrey County Council (“SCC”) before year-end"

So the plan we have seen was just for the Portland.

"Overall plan includes a total of 6 production wells"

So 3 more production wells already planned other than the Portland at HH.

6 "robustly commercial" production wells in the near term sounds like a profitable enterprise to me! Or 7 if you add in the production well already approved at Brockham.

Brokers shill maybe.

Elite sided with leave? Do give your head a wobble.

Dyson. JCB. GlaxoSmithKline. Aston Martin. Ineos.

Rickrolled.

The object at the moment is to perform tests.Oil produced during that is a bonus, that's all. Impatient (and possibly stupid) PIs who value the entire company based on the oil output from a TEST really should seek a responsible adult for advice.

Laughable.

"we arnt [sic] producing oil it makes no odds what price it is"

What is in the tankers then Donny? Waste fluids?

With all the expansion of UKOG's holding over the last year the SP is a bit disappointing.

Maybe it is trading in a range that satisfies the swing traders demands for regular small profits.

While there is a slickline in place?

The argument that there is no buying pressure and it's not because Solo are selling is a bit of a tautology. If Solo were not selling so many then anyone buying would actually be creating the buying pressure, surely? Nevertheless, I can't understand why there is not a great deal more buying going on, we're certainly seeing a lot of new names on the BB so the interest is there.

I's say that's a nailed on certainty.

A few more sessions like today and I might even break even.