Member Info for Redheadedrager

@penguins

I now have rule whereby I try to avoid posting after midnight.

I may regret what I write.

I need my sleep - I’m a REALLY grumpy bear without it.

It’s just not worth it.

Sleep well.

Cheers

Red

@penguins

In short response.

No. You assumed incorrectly. It wouldn’t be the first time.
Yes.
Yes.
Yes.
Yes.

Also, do I believe that people post on here with an agenda to subvert and undermine confidence in bonafide market updates by approved persons- which are subject to regulatory oversight as well as review and challenge by nominated dealer / broker NOMAD?

Yes. I do.

That’ll be you by the way.

Cheers

Red

@penguins

You really are obtuse or wilfully ignorant.

The structure they are referring to is actually within PEDL331.

Otherwise they would have to separately refer to the license area where the structure is actually located. . . .

Sheesh, it is quite hard work sometimes.

Cheers

Red

@penguins

I see that another of your b/s imaginary predictions of doom has been swiftly dispatched by Ibug relaying actual facts.

Kudos to Ibug.

@penguins you really must try harder. In order to sustain the fantasy you have to convince others that your alternate reality is in fact real. The trouble is that people annoyingly keep on coming up with evidence to debunk your wild, fevered brow, claims.

My advice? Stick to fish, not investment advice.

You’ll be happier, as will we all.

Cheers

Red

As before 4p by that point in the basis of a successful horizontal drill result.

Cheers

Red

Hmmm . . . . That’s nice :-)

“UKOG's subsurface team have also recently identified a further large undrilled anticlinal structure, the Arreton East Prospect, another look-alike to the Arreton discovery and lying further to the east along the same geological trend. Initial mapping shows this feature to be many times larger than both the Arreton oil discovery and Arreton South prospect combined.”

It’s a whale . . .

Cheers

Red

@nomlungo

You’re pushing for nomination as ‘Plank of the week.’ with comments like that . . .

If you had any idea about the history of Horse Hill you’d have the good grace to be embarrassed.

Please, for the love of all that is holy, read the RNS, the presentations before making a fool of yourself on the BB.

Cheers

Red

@penguins

Per the most recent RNS.

“The convertible loan detailed below also ensures full funding for UKOG's increased share of future production facilities costs and other near-term surface, subsurface and regulatory costs necessary to bring the field into long-term production.”

I think that is quite self-explanatory.

But just in case you’re going to be extra pedantic about it.

All funds in place to bring the field into long term production.

Making all discussions about questions over funding for future drilling post that point beside the point as there will be a CPR and then UKOG can borrow against reserves.

Sheesh penguins you’re a regular Don Quixote - tilting at another imaginary windmill of UKOG financial woes.

Hilarious.

Cheers

Red

@goldforefinger

I agree. Planning permission and then the rig doesn’t leave the site until HH is completely commissioned as a fully fledged production site with multiple horizontal production wells.

Happy days.

Cheers

Red

@Neversell

Good points all. Thank you.

If this hits 80p I’m buying in big again (pension funds - 20+ year horizon)

Cheers

Red

So, @Admin I’d like to know why my post of 08:56 today has been removed.

It does not contravene your ‘rules’.

It received 14 recommendations.

For what its worth I’ll repeat it here.

“@DHC

I’m sorry to burst your bubble but UKOG has had this form of financing in place before. Guess what? Still here.

This is not ‘death spiral’ finance.

But you think what you like. Personally I think that UKOG got an amazing deal. Owning practically all of the license with OIP estimate increased by almost 30%. . .

Personally I’m glad that you’re out of UKOG. Your (sic) the kind of investor that no company wants.

Surprisingly you’re now bashing the company when you’re not holding . . . Still at least you’re explicit in your intent. Trash talk the company whilst you’re out. Buy in. Ramp away whilst you’re in. Sell out. Trash talk the company. . . Honestly it is a bit playground-esque. . .

Cheers

Red”

Sorry if posted earlier but this is a good read

https://www.google.co.uk/amp/s/www.bloomberg.com/amp/news/articles/2019-08-07/thomas-cook-s-new-turkish-investor-wants-role-in-turnaround-plan

Cheers

Red

P.S. especially for the contrarian @Illbetabuck

@jj.

Filter me.

I can live with that. Read back and there’s plenty of analysis.

I don’t give a flying f what you think. As @Illbetabuck says - I’m like a dog with a bone on this. . .

At least @Illbetabuck is gracious enough to listen to opposing views to their own ;-)

Anyone else fed up with me? Fine. Filter me.

:-D

Red

@Illbetabuck

Personally I place more credence in the existence of the tooth fairy, Father Christmas, fungus the bogey man and Big Foot than I do in your continual doom laden predictions of the implosion of TCG and the subsequent evaporation of shareholder value.

Honestly you don’t give up do you?

The D4E carve up proposed by Corrupt Fosun and the shady inept TCG BOD alone with the dodgy exploit of CitiGroup (simultaneously valuing the shares at zero whilst being on the buy side of an acquisition of the group - not suspect at all) is effectively dead.

Get used to it.

Cheers

Red

Shorts have hold of TCG again :-(

Dragging it below the surface again.

Take a deep breath.

Not good

Red

Dropping to 8.5p on no news

Hmmm

Still it rose to 15p from about that level following Neset Kockar’s statement - so there is a grim logic to it (I.e. there has been no further changes / statements since that point to directly support the rise).

I sold up me remaining few 10s of 000s shares this morning. Missed the 15p spike but got about 13.1p. They were my pure profit from this trade on TCG. I hope that other got out with a profit too.

I’m still convinced that TCG has long term value (even though I’m not currently invested) but this extreme volatility indicates to me that there’s a real tug of war battle going on out there between hedgies and IIs / PIs / Strategic investors. At the moment it looks like the hedgies are winning out. I’ll wait for calmer waters before deciding whether to dip my toe in again.

Thank you TCG for a 100% gain over a week. Wow, what a week.

Cheers

Red

You could also read this

Fosun is on the naughty step with Chinese government, who control Chinese banks and can pull Fosun’s credit lines in an instant.

http://www.travelweekly.co.uk/articles/338134/fosun-what-you-need-to-know-about-the-chinese-conglomerate-set-to-take-a-majority-stake-in-thomas-cook

Cheers

Red

Try the mighty CORRUPT Fosun .. .. alledgedly .. ..

https://www.scmp.com/business/companies/article/1891041/missing-fosun-chairman-guo-guangchang-back-work-after-helping

There is a load more out there like this. Type Fosun Corruption into your search engine and fill your boots...

If any company is going to cease trading in the near future / be shut down and dissected like a frog on the lab bench I think I know where I’m placing my money . . .

Cheers

Red

@YinYang

PMSL “Neset has nothing”

Neset Kockar has lost more down the back of the sofa than you have amassed during your lifetime.

Fact.

Cheers

Red

@YinYang

Ooh that’s fighting talk . . . Tomorrow will be VERY interesting . . . . <>

If you’re wrong, it won’t so much be Eggonaroll bing right but more “Egg-on-YinYang’s-face” . . .

Should be humorous . . .

Cheers

Red