Member Info for Ricardo2019

Same here. First buy - looks like the usual risks for this type of company with plenty of potential upside. Looking forward to the journey.

Just to let you know, I just bought in so this'll be a spike and be ready to buy on the dip shortly. ;-)

Joking aside, looks like a great investing opportunity here.

> Why is this not being reflected in the share price?

Have you watched Dragon's Den? Many times business owners will go on and provide a massive valuation for their business idea. But they've no revenue, no contracts with distributors, nothing. Just some prototypes and some graphical materials. The Dragon's will then tell them that their business is CURRENTLY worth a fraction of what the owner claims. That's what we have here - a business with potential but it needs proving up. Only then will the share price reflect the value of the assets.

Yes, they said they'd appointed a cost efficient driller. They sounded pleased about that deal.

$45m free cashflow PA from one source would be very nice.

Limit has been increased.

Just got in!

Nick has just asked the moderator about the 100 limit. The moderator says the limit has been increased. Retry now!

Rediculous.

I was on the waiting screen until a minute ago, then it changed to say the meeting is at capacity.

Supernova bright is how I see it. ALGW is my best performing investment. One of my tranches is up 458%! This gives me a bit of a dilemma - a nice one though. If I were to take the advice of some experienced investors then I'd be rebalancing my portfolio right now to lock in profits and reduce risk - which would mean selling some ALGW. But I see ALGW as having a lot further to go yet and now being substantially de-risked. What was it someone said about letting the winners run?

Quiet smug satisfaction. :-)

I believe they are a myth. The MM code story is often used by rampers to drum up excitement and I think that's about it.

> who own 12% of HUR

Soon to be more like 0.6%

A few years ago was an exciting time for innovative UK companies - SXX and HUR were two examples. Both were exciting prospects in innovative raw material based projects. Both were let down by terrible management in the end.

Thanks to the honest posters here for the discussions over many years - you know who you are. I wish you good luck!

They will be in other stocks under different names. They will appear in new stocks, again with different names. The thing that works in our favour is that they are fairly easy to spot after a while. They can't disguise their posts sufficiently to get away with it for long.

So there we go. Slift was unfortunately correct. What have you got to say now rampers?

elir71, I'm confused by your reply. The post I responded to was posted by 25wbh. Are you also that poster? Or is that poster referring to a post by you elsewhere? is this a case of the LSE split thread issue where posts on the same topic get put into separate threads?

Without source, qualification, or credibility we have to treat such statements as made up nonsense.

> reasonably accurate over

Weren't some/all of those tankers full of or mostly water? I haven't followed UKOG closely recently but I read that somewhere.

ALGW is best regarded like a pint of Guinness. All good things come to those who wait. :-)