Member Info for Sageman

Justbe , pretty much all LTH here were at one time believers in HH but proved wrong by the incompetency of SS. He went on a buying spree a few years back and at the time we thought he must know something. Sadly he bought worthless land and knew nothing saddling us with massive dilution and an sp that just kept going south. By refusing to hold shares and continually diluting he has lost investor confidence especially since he has failed to produce anything commercial to show for the millions spent. There should be money to be made here on a spike pre drill result but you would not want to be a LTH.

TH2, you are right up there with Tymers. The oil production needs to be profitable or it may as well stay in the ground. If you produce £1m of oil and it costs £2m to extract it is worthless - DOH!!!

Any placing would typically be at a decent discount - typically 20% so now well below 0.15. The people who buy then try to sell into the 20% margin. Based on the current bid price a placing at 0.13 is tops with 0.1 looking more likely every day. Not a single thank you here for those of us who told people to sell into the early April spike. Not a single apology from the mentally derelict crew of rampers either ! TH2 you should be ashamed of yourself.

H.I.T.S, I agree that timelines have slipped but those timelines were set before Covid! The more worrying thing is escalating costs. However, before that happened 5p looked doable. I think we will get a spike here when production starts which will provide an exit window (hopefully 2p plus). Similarly at Udog post placing and post spud there will be a spike (0.5p -1p ?) allowing those who buy in sub 0.15 to escape. Neither companies are currently worth investing in but in both cases a trader can make money.

Head in the sand the difference is that at U - total Dog they still have SS. Here they have changed horse and direction and there is at least a hope that Saltfleetby will produce Gas. I can still see 2p here and a chance for those who have averaged down to get out unscathed. I am not saying that I like Lucan but Lucan didn't cause the original screw ups at HH and he inherited a pile of turd here. With a lot of polish 2p is achievable. I hope!

Bornagain - it is hidden in the AGM RNS after market hours on Friday.
Bulent - the people that you should place over a barrel is the rampers and possibly yourself. You only have yourself to blame. It was as plain as the nose on your face which the LTH's tried to tell people but were dismissed as trolls!

Please read my previous posts. Placing 100% as predicted. Price action 100% as predicted. Those who sold on the early April spike as opposed to buying are now very relieved. The next part is to wait for the dilution and the drop. Then buy and sell prior to drill result. This was 100% predictable as is what happens next!

Apart from one week in April the trend here has been in one direction - down! Check the chart.

A year ago with Oil on its knees and our Debt pile with fast looming deadlines Tullow was a basket case and priced accordingly. To be honest it was a high risk punt. Today those that gambled have got lucky. Oil has recovered, the management are sound and new debt facilities are in place. We could do with a few decent drills but the company is now pretty solid. I am de-risked with a B/E of 11p and very happy to hold long term. GLA

Cap, are you smoking something?

Troll, the issue is YOU HAVE DONE NO WORK WHATSOEVER. You are just a paid ramper. There is no justification on this earth for OKOG being a £2bn company either now or anytime in the foreseeable future. What I hate about rampers like you is that you achieve the opposite impact o what you expect. Ridiculous does not tempt anyone. A more sensible post based o the mcap reaching 50-100m would at least be worth reading. It is also attractive because it implies 2-3 times upside from here. But just keep posting with your nauseating side kick Dan Pooh ...here we go BOOM, lol. What a couple of clowns!

OK Troll. Make a case for this company being worth over £2bn when the current mcap is £30m and we have SS at the wheel? Without SS it would possible be worth 0.5-0.75 (ie under 100m) but sadly he is there and everyone knows he is prone to failure and dilution. Whilst you are at it troll do some research that involves looking at the SP of producing oil companies.

Dan Pooh , your posts are beyond ridiculous. You talk 20p +. That relates to a mcap of over £2bn. This company has zero chance of ever being worth 2bn without a miracle and a new CEO!

Some balanced posts this morning. Taking a look at what happened at 88e my view FWIW is that post placing and prior to drill results we could see 1-2p. Given the current SP this gives a lot of upside from here of 4 to 8 times. But again , based on UKOG and 88e past results you wouldn't want to be holding when the drill comes in unless you had sliced first. Posters need to get past the sp and look at the shares in issue and the Mcap.

Depends what your version of recent is Ocelot. The rampers told me to buy at 0.3p recently. I sold and bought Matad! I await the placement and will hopefully thereafter get a chance to buy and trade. GLA

Ocelot if you believe the fact that SS. does not buy shares tells us nothing then sadly you are delusional. He dilutes into every spike and the trend is down. You can make money here solely by trading...but he can’t trade.

Yes because he knew it was not a long term hold and he can’t trade it! Had he bought he would have lost the bulk of his money like all those who have he’d for any decent period.

I must confess that I read posts here with a combination of incredulity and sadness. This is a punt stock. Investing 70k at 70p what we’re you thinking? A stock like this should never be more than 1% of a portfolio perhaps 2% if you needed to average down. My B/E is 5.7. I have been here a while. I expect a profit post EL. Good luck all

SRBS, actually no. I am invested elsewhere doing very nicely thank you. Reading the ramping posts that told me to buy at 0.3 instead of doing the smart thing and selling, investing elsewhere, making some money and then buying more shares post placing (depending o the price). But actually U- dog is not the only game in town. There is loads of money being made elsewhere. This is a side show for a punt. Only a complete fool would place any real money here with SS in charge. The chart is down over any reasonable period. You may get lucky with a short term trade but the only LTH here making money is SS. That is because he holds the money not the shares!!!

Same old drivel here. The sp actually went down this week, placing still o/s. Forgive me rampers but I do not feel like I have missed out, lol