Firering Strategic Minerals: From explorer to producer. Watch the video here.
From Wikipedia. says BP.
I was only saying Rupert was taking a chance. Maybe it will pay off maybe not. Perhaps he had read up on Rockefeller and thought there's a lesson from history worth following
Standard Oil of Ohio or Sohio was an American oil company, and the earliest component of the original Standard Oil company founded by John D. Rockefeller. Sohio was acquired by British Petroleum, now called BP. Sohio continued as a separate entity after the antitrust breakup of Standard Oil in 1911.
While everyone else shunned oil. He took it on. That enabled him to do the following.
So while everyone is shunning Angus, inc the ANGS Bod. Someone else is taking it on.
John D. Rockefeller (1839-1937), founder of the Standard Oil Company, became one of the world’s wealthiest men and a major philanthropist. Born into modest circumstances in upstate New York, he entered the then-fledgling oil business in 1863 by investing in a Cleveland, Ohio refinery. In 1870, he established Standard Oil, which by the early 1880s controlled some 90 percent of U.S. refineries and pipelines. Critics accused Rockefeller of engaging in unethical practices, such as predatory pricing and colluding with railroads to eliminate his competitors in order to gain a monopoly in the industry. In 1911, the U.S. Supreme Court found Standard Oil in violation of anti-trust laws and ordered it to dissolve
These interest free loans are a joke, % for this and another % for that, then warrents for a bonus. etc etc.
They should have just gone to Lambrum in the first place and said here How many new shares do you want at 0.75p
done and dusted.
What finally pushed me out of here was the last placing. YA will have over 100Million to put on the market. I'm surprised they haven't started converting. that also puzzles me, besides Lambrum's buying spree.
gmed. I have also been asking myself that question. answer, from reckless gambler to dreamer. wasn't it Rockefeeler who bought into oil when most others were shunning it. his dream came true, Labrum's may yet be a nightmare.
I hope not, I'd like to get back in just before Balcolmbe starts.
Angus SP will Never rise on expectations, that's been done a dusted. Twice. Only actual flow of oil or gas will move this on.
I'll look back here around Easter 2020.
Anyone still in here, I wish you luck, surely it is at the bottom now.
Peoples trust in Angus is Soooooo Low, that someone can buy over 7% of the company and not raise the SP.
Looking forward to your pics fjones, 300mm will do fine I'm sure.
looking forward to your pis fjones, 300mm will do fine im sure.
putting your money where you mouth is, is the reason you keep losing it, it's never shut. LOL
fjones40, I have both those lens's. Well worth buying the 70-300, You won't regret it. it's not heavy at all, if you went for a 600mm you'd need a tripod.
atb
I'd think that if they're pushing forward on "gas to wire"
They're planning moving from testing to production, sooner than later.
HH2z was drilled with only one hitch, the rig engine and it was repaired in a wink. Not sure if anyone has heard of such a smooth operation. Nothing has changed work is progressing , more tanks come on site. UKOG certainly are sure there is an abundance of oil down there. Only thing that has altered our outlook is that damn placing yesterday and it doesn't look like it was something UKOG could avoid, due to finance problems of a third party .
Wouldn't be surprised to see more than one RNS by Friday. (other than Thursdays)
atb
No one is going to buy shares at 0.85 with the intent to sell them lower than 0.9 must be at their lowest.
Sell now. Regret at your leisure.
Spendthrift Sandison at it again. Someone should super glue his middle finger up his ar5e , stop him giving it to us.
Really have to think about the dilution as house rent or mortgage. UKOG would have been paying 35% rent for the next 25 years on Horsehill. now we have a mortgage and it will be paid off in less than a year. We will own 86% instead of 50%
Only way we lose if the house blows up and we have no insurance. . i.e. we have no oil.
but we will have the answer to that next week.
The oil storage plant comprises seven tanks, each with a capacity of 1300 barrels
Thats some size of tank, and will have to be constructed onsite. each with capacity for 6 tankers
6x7 storage for 42 tankers worth. with storage for 3 days gives an expectation of 14 tankers a day.
UKOG expecting 3,000 Barrels of oil a day.
Using the Keyword suspended in the last RNS. negative on the SP.
Work at Horsehill hasn NOT been suspended at all.
https://twitter.com/WealdOilers
The RNS is what information London will see, Not the pics here showing that work continues.