Member Info for Redheadedrager

Well said Penguins

just for you @deluded_doolalley_dilara

Seems the price is holding up remarkably well so far this morning - only 2.5% down so far . . . you must be ****-a-hoop

@noba

Never has a poster been so aptly named . . .

. . . where’s your RNS declaring success and oil flowing freely?

Hmmm . . . thought not.

Sub 0.05p by end of the day

Noba - with respect. YOU’RE new to this game and only embarrassing yourself by displaying your total lack of knowledge about how this company operates.

Boy . . .

Read the RNSs

UKOG have form

Billions of barrels of oil in the Weald - failure
Look at how many placings there have been during that slow motion car crash.
Look how
Much money has been taken from investors vs. current MCAP and reserves.
Look at how many shares are in issue now vs. prior to HH-1

This is roulette as best and at worst, it’s guaranteed loss.

JR90 - you’re a shameless ramper and should be banned from the board for misleading investors

JR90 - I’m not lying. Are you going to pay those people’s losses when Pin-1 hits nothing but more water?

I repeat, I’ve more oil in my car than Pin-1 will recover.

JR90 you should be ashamed of yourself, encouraging people to invest in this sham of a company

JR90 - there is no oil.

There are multiple dusters peppering that license area.

I’ve got more oil in my car.

And it’s an i4

Thank heavens.

I advise people look at UKOG are trying to do critically and dispassionately.

If you’re invested, be certain that you CAN afford to lose ALL of that money, because if you remain invested, you WILL

The key word here is IF

And that is an extremely large IF

Chance of success is <5% IMO (probably a lot lower given the ‘success’ of nearby wells and the swabbing)

Get better odds in a casino

But hey, if you want to gamble in UKOG . . .

Because lots have, and lots have lost . . .

@JR90 - stop pumping this dead dog. It’s obscene.

UKOG misled everyone with a picture of what everyone assumed to drilling fluids with some ?recovered? oil floating on top.

Myself and many others who have witnessed the UKOG / Lennigas ramp machine in overdrive before tried repeatedly to warn others on this board of the dangers of investing in UKOG.

We got shouted down, personally abused, affiliated with StopOil and other direct action groups.

I hope that this has been a sobering lesson.

UKOG is nothing more than a placing machine. That’s all it does. It’s reserves are laughable, it’s production materially non-existent and it’s management only adept at running the ship further into the rocks of running out of cash.

My advice. Sell out of this company before you lose more money.

If you had sold yesterday, as I and others advised you would have over 50% more cash than you do now.

Think about it.

Don’t get mugged

. . . anyone foolhardy enough to try to catch this falling knife?

Watch out for the dead cat bounce about 2.30pm and the MMs try to sucker more into this share

The hype will re-start in 4-5 working days as drill reaches TD

This is a wealth protection alert!

Every last one of the hiding under a rock, whimpering “But DL promised us oil”

Classic UKOG

Over 10% down already.

Will be below 0.1p before you know it.

All UKOG has actually achieved in 6 years is 2 non-productive “discoveries”, a load of court cases and planning applications a few misleading tweets about billions of barrels of oil in the Weald.

Their latest venture (drilling a proven ‘dry’ field) in an earthquake prone, democratically challenged country, is again another exercise in misleading shareholders and potential investors.

In reality, UKOG is excellent at one thing through.

Placings.

Those it does with aplomb, style and panache.

Tempts people in with a promise of quick cash and then wallop!

Another 20%, 50% or 100% dilution. Leaving shareholders stranded or even further under water.

It’s all there on the UKOG plc website.

Read the placings RNS’s

UKOG is a confetti generation machine.

Don’t get mugged.

I can get as many as I like at 0.106

That’s almost 35% down on the spike price from Friday

NT to buy is not exactly true

10% down already

I did warn you

It’s a dog and the collapse in SP from 11p to 0.06p tells you all you need to know about market sentiment and confidence in their ability to generate any value.