Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Paying 2p could easily give you a decent return - they don't need sympathy. It was a near enough 100% rise to 2p on the OGA approval whilst the dark cloud of funding was still overhead. It was wise to wait, but people just jump in. I was not even remotely surprised when the very next morning the placing RNS landed. I topped up then. If this drops back to the placing price, so what. There's significant upside now and that's what we've waited all year for.
Gerry, you have stated a number of times that your view on UKOG will not change and that you're consistent with your message. You're not. You have gradually got more and more bearish. To still be trying to spread your message of caution here says to me you must have an agenda. Of course the long term outlook for UKOG is uncertain, but this is an AIM share and an oily at that. 6 months is a long time here, but with EWT about to get underway and funding sorted for the time being it's absolutely a time to be positive. As (and if) the sp rises on good news flow we should all assess our goals because things can change quickly. It's as simple as that.
Topped up this morning too. Yesterday was a belter. The attention is firmly back on UKOG and most of the bull**** out of the way for now. Hopefully pretty regular and decent news moving forward.
My guesswork (because that's all we can do)..............The Suggestion of changing the company status to an operator being released with the CPR is a re-branding exercise and a sure sign that some form of dilution/cash raise isn't far away. Not necessarily a big issue if you're here for the long term and believe in the Weald concept, but could suggest we're some way off a real sp boosting bit of news. I wouldn't be surprised if news on the company status and some form of dilution came ahead of HH ewt updates. I'm invested by the way.
Definitely strange goings on. HL 'recently viewed' share price for SXX is 66.62p. Raced to log in and check, but obviously incorrect. What a tease.
Your "holding like a mug" might actually turn out to be holding with sensible patience. Fair enough, we're not making money here right now, but it could be set to change. It's not as if there's nothing on the cards in the relatively short term is it.
No worries Gerry65 - I agree with and read what you write with interest. It's all about this summer now for many. If good news starts to trickle through (EWT) before funding talk then we'll get a decent rise and it'll create opportunities for many to get out. Just got to be careful not to get caught up in the next mega-hype phase if you need out.
They don't need attracting, they're waiting on the sidelines ready to pounce. As soon as an ounce of good news hits about HH the interest will rise. There will be plenty of current holders who will likely top up IF good news starts to arrive. It could go nuts here again over summer.
True. An update would be nice, but realistically all we can expect at the moment is news on the rig arrival ins't it? Can't see that setting the sp ablaze. It's EWT results that are the real game changer which are good few months away if I have my facts right? Unless we get little snippet updates along the way.