Member Info for Phil7390

Ahem, I think I called that one! SHame I had no float to buy more!

or alternately there is good news in the offing and mm's are dropping the sp to let someone in cheap.

Kim priced in? You are off your trolley. Filtered.

"The Portland continues to out-perform our initial expectations and looks set to provide the production and cash flow base that can underpin UKOG’s future growth."

Those who value UKOG based purely on the Portland flow, already priced in or not, and claim there will be cash calls, are missing the point entirely. Revenue from the Portland at Horsehill is but the first of many revenue streams for this company which will be funded organically and, dare I say, exponentially.

The SP may drop as investors gripe about where their income will come from. 5 years from now where will the SP be? Maybe even 2/3 years out we may have multiple income streams already with many more than the 5 already detailed in the planning proposals already know of. A lot depends on what flow come from the Kimm - but that will only effect the speed at which the story unfolds.

All looking very very positive from here on in.

Is it me, or do the derampers (sorry, investors with realistic expectations) seem a bit more positive lately? Not many saying there won't be a drop of recoverable oil from the Weald that's for sure. Now it's just "that may not be worth as much as you think". OK, I'll take that. Looking forward to seeing how much my investment will return in 2024.

nor me!

"Valuation - We upgrade our AVO recommendation to OUTPERFORM from NON-RATED and set a new target price of 155 GBp based on new funding, strengthened management and a robust strategy."

Very encouraging.

https://tinyurl.com/ydy4pgp7

50 billion? Slight exaggeration chap.

Symbolic, 1st of many, it shows the Kimm is flowing. Your comment reminds me of the infamous "All this for a flag" comment by Michael Obama - it shows an equal level of ignorance and contempt.

In respect to DL.

I'll crack a tinnie to that.

That's a shame for them, SP will be dropping on good news. It's the AIM way.

moroccoknows - maybe like Trump he will be elected and then start turning around the country like he said he would.

Yep, I have 3 shares where this sort of nonsense is going on. Massively good news in each case, SP should be rising as each project finally reaches or gets very close to full derisked and/or commerciality, yet they are all festering. The whole of AIM appears to be one big con job to part people from their self invested pension pots if you ask me.

Energy storage certainly made news recently when Mr Musk won his bet with the Australian Government to complete a massive energy storage facility there. Huge requirements for lithium.

BCN of course bought in next door to EMH, so you can't trash one without trashing the other TBTT.

Didn't DL refer to it as the Kimberidge?

Starbright, did you not post that Portland flow is already priced in, but Kimmeridge probably wasn't? And now tankers of Kimmeridge oil are insignificant? I can smell something.

"Peoples expectations are to high, you need both feet on the ground and understand how long things take, we could be 4 to 7 years away, or just 1 year, fuelling negative sentiment . Building up expectations and then pulling the rug from people's feet, is a tactic we are all very familiar with, only a few fall for,
Now the KIm is due to be tested any day, you need to get in or get out or get gone!!!!!"

Well that's a consistent argument.