Member Info for reaction

It is great to have confirmation from UJO that we have free flowing oil at Wressle. We have already sold lots of it.
I can understand why Egdon (EDR) the operator do not release partial data with regard flow rates, and total oil produced as the EWT is ongoing. There would be no point. Each time the choke is altered the flow rate changes.
Once the EWT is complete they will release to the market what the optimal flow rate is.
What we can say is that UJO are clearly very pleased with proceedings thus far. As made clear to the trolls and derampers
in yesterdays interview. I really appreciate UJO giving us as much info as they could at this stage of the EWT.
Any material problems beyond normal day to day operations and the operator and partners would have to release an RNS.
Things are going very bloody well, and I think there are some people out there choking on it. LOL.

Lovely RNS content, very happy. Keep them coming !

I note that the MM are prepared take large sells this morning. And I mean large (relative I know). As in the the 10's of millions in one transaction. A genuine post. You make your own decisions and do your own research. They are in the market to buy big and that usually bodes very well for the SP.
Harvesting stock sell at your own peril imo.

EXPECTED TIMETABLE OF PRINCIPAL EVENTS



20211

Latest time and date for receipt of Form of Proxy

10:00 a.m. on 8 March

General Meeting

10:00 a.m. on 10 March

Record Date for Consolidation

5:00 p.m. on 10 March

Effective time of the Consolidation. Admission and dealings in the Consolidated Ordinary Shares expected to commence on AIM

8:00 a.m. on 11 March

CREST accounts credited with Consolidated Ordinary Shares

11 March

Certificates in respect of the Consolidated Ordinary Shares despatched

by 19 March

Good to note that the EWT at Wressle continues unabated 24 hours a day (No news is good news so they say). I wonder if we might see an update on progress after 5 p.m tomorrow or 7 a.m Thursday 11/03/2021.
I wonder what the totals are. How much has gone into the till so far.
There could well be a substantive gap up. I hope so. This will start to move north soon enough.
Silly cheap.

We need news on the DHSC contract approximate value. I also have to ponder the duration of all those staff contracts.

Oh yeh, and then just to relay stick the knife in they are going to side track Biscathrop.
All these RNS releases due. Now were are those reading glasses.

I'm so upset, Oh woe is me, oh woe. The oil price is now practically double what it was when we were first arranging to bring Wressle on line. Even at the initial flow figures being banded around at the moment we are massively financially ahead of where we expected to be at this juncture, as Wressle is professionally brought up to the initial 500 bopd.
The next leg up for oil seems to be around the $80 mark. I'm just devastated. Things just keep improving incrementally all the time for UJO across the board. I don't know what to do any more. I'm just so gutted. They are going to get the flow rate up to the 500 bopd ! That will be about double the income we initially expected ! But then just to add insult to injury they are going to test West Newton and do a CPR., The bastards.
I just can't cope any more.

https://twitter.com/OmegaDiagnostic/status/1367430578627371013
Lets have that intra day RNS.
Can't imagine why they would need 250 + staff mmm

https://twitter.com/MerchantBanke18/status/1366308032402104321/photo/1
Credit to MerchantBanker twitter.
So where did all the tests go ? mmm

This is all of such national importance/security/politics I can see why the information we would like right now ! Has been suppressed with regard to manufacturing/numbers etc. The industry in general have even had the Russians trying to procure information never mind the share holders of companies, along with others no doubt.
I bet we have plenty of tests stashed away for ODX.
I would like to buy some more of these. But I expect to pay a hefty premium from Fridays close. But the sp will still be enormously discounted taking a forward view of that we have been made privy to I suspect.
Sorry for the people that sold. We have all been there.
No doubt there will be a premium to pay for a position now.
That is if the mm are willing to sell any at all. They were certainly on a mission on Friday to harvest what they could.
Now we know why. LOL.

Fantastic find benton. I wish they would re-open the market for an extra 10 minutes. Damn blast ! :)

Don't think we will see any more wheel barrows of money given away via options. Just go'es to show they can drop an RNS when they feel so inclined.
It is like politicians they probably want to get voted back in.

Well let us hope it was for tax reasons. Only one not sold is Colin King. Hope he does not have the same issues with regard to Tax. Now the rest of the bored have sold will he follow, mmm
A black swan event,therefore perhaps the normal perceptions of directors selling does not apply.
So hoping and looking forward to some orders making across to ODX. Must be time for ODX to get something.

He now holds no ordinary shares. Only the options left. They seem to sell these options also as soon as their is a chance.
Only man left standing is Colin King now. In Colin we the share holders trust.
Bring on the RNS.

https://bidstats.uk/tenders/2021/W07/745144324
Credit to mike Edwards on twitter for this bidstat post.
RNS Could drop any time now.

Because there are non so blind that cannot see.

With the DHSC contract bagged. Staffing levels continue to rise, further 60 staff to come into the company just for now. Site expansion ongoing. Gold standard test. Global market. LFT to get us out of lock down.
When you look at other covid stocks and their SP, the investment case for ODX is clear.
Look at the limited number of shares in issue/market cap compared to the others. This is well undervalued.
This could easily afford to be sitting at £1.60 per share right now.

Feel sorry for the general staff at the Omega sites. Bet their is quite some discord between staff and Directors/management.
Off course the Directors are entitled to sell as are the staff in general. It is bound to course conflict/bad feeling for those still holding. Just hope everybody just keeps calm and and keeps their Jobs.
These things are never easy at any company. Every body has the right to sell. At least it has been done at this level.
The share price has massive upside. Every body has their reasons for selling.
"KEEP CALM AND CARRY ON"

Produced oil from Wressle will be transported by road tanker to the Phillips 66 Humber refinery and sold under the Operator's (Egdon Resources plc) existing sales contract.
Taken from the RNS.
RNS can be veid by clicking on the RNS tab above.