Member Info for seaace

If there is lesson then it's this.
NEVER TRUST ANYTHING YOU HAVN'T WITNESSED.

The good thing is he has shot himself in the foot and whether his posts/photo's concern ANGS or UKOG I guess a lot of peeps will dismiss his news as he has shown he cannot be trusted or whether he is sincere.

Once bitten is once enough and there is NO 2nd CHANCE....

Now we can see Vonk had the foresight to raise when he did for contingencies like the exponential use of nitrogen they are using to get the well to flow.
The raised amount will be insignificant to the returns it's now looking to give.
That should shut up a few of the moaners lol
Be lucky...

There's one for 650K @15:39 for 10.4 lol

Judging by the way they dropped the sp at the end maybe it's going to be a replay tommoz with another large order/s already in.
Be interesting to see what price they will rise to to get some to sell.
Be lucky...

Am I the only one that grows more and more confident knowing all these large buys are drying up the market as shares start becoming real scarce.
I bet a penny to a pinch there are traders out there now who are starting to regret their latest trades as when things take off the chance of getting back in, bearing in mind they will be vieing against II's for whats on offer, will be both a lot harder and a lot more expensive,
Sitting on one's hands isn't easy but if you've done the proper research, the chances of a substantial loss dwindle each day.
Be lucky...

Agree with you Docit.
We see peeps on here crying doom and gloom should Djeno not play the SP will dive off a cliff but show me where it stands in the price today as from where I'm sitting the market hasn't even valued the Mengo properly and our price should be 25p on that alone.
The current M/C doesn't reflect just how successful AAOG is already and sooner or later it will level itself out to its true value.
Be lucky...

Don't forget that at the moment we have a 56% interest but this may change in our favour,
Either way it's set to rise and for those with the patience to levels most on here cannot comprehend, rewards could be life changing.
Each to his own whether you are a LTH or your forte is to dabble although those that do over time will notice their holding ever decreases and profits dwindle as a result.
Be lucky...

I got a sneaky feeling someone has an eye to getting a seat on the board which in turn heralds an upcoming JV.
So far, in the last days of trading, over 1 million shares have gone into sticky hands and to say the MM's are a little under the cosh is an understatement.
Can't wait for tommoz and see what shitgames they get up to.
Be lucky...

Alan.
Re part of your post - After observing that the fluid level was not dropping fully to allow the well to flow, they have revised the testing programme. This is the current status.
Can you please give an opinion as to what, in your experience, what they might be trying to overcome the problem they now seem to have.
Thanks

I take it the nitrogen is helping to lift the drill fluids from the well but, with the length of the targeted KL3/4 am I right to conclude that as we are in an over-pressurized situation, a pump will still be needed as the weight of the oil will prevent it flowing naturally as we will remain in this state.
Cheers

I doubt all the big buys we have been seeing are concerned, in fact their probably looking to add more from the weak.
Besides, a small retrace now and again is good as it underpins the perceived bottom.
Be lucky...

CF.
Minister Ndlovu quoted 'We are partners in that project where the Government holds 51 percent shares.
If I cast my mind back, many here thought that Roach was going to try and get our 49% increased to 90$ or more allowing them to give back up to 10% for good will as it was believed monies owing weren't going to be forthcoming.
However, with the above from the Minister, I have to ask myself if their intention is to pass over an amount (subject to negotiation) and thus retain their current holding.
If so, can you please give your views and it's resulting effect it would have on the Company be they good or bad.
Cheers

You know, it makes me laugh when I sit back an view the practices of the MM's as the more they try and cheat shareholders of their investments, the bigger the hole they are digging themselves into.
It doesn't take a genius to figure out that CEO's with viable and valuable assets will be getting sick of the way their Companies are being valued and in our case, once Brockham can be seen flowing and Balcombe gets its production licence, there's nothing to stop us moving off AIM altogether as it's a no-brainer, once both are expanded, our income will be in the millions.
As long as Vonk doesn't go on a dilution spree, I guess we are sitting pretty down the line with very good returns for our investments as long as we don't try to get clever thinking we can trade the hell out of it and come out the winner.
Clock's ticking and eyes are looking for a truck with haz plates and then we shall see where we stand.
Be lucky...

Here's a bit of wild thinkng or could be an idea that's not as far fetched as it seems.
Under the guise of taking back control, JT and co could be acting for another influence like say the Chinese.
I very much doubt everyone here has not had that shiver run down their spine at the thought of the mind-boggling worth and status the Weald as a whole, could mean to those wealthy and powerful enough to get involved, and who better than getting 2 allegedly dodgy bankers to be the face men.
One only has to see the Chinese are hell bent on owning anything with a potential (just look at the ingress into the lithium world) and maybe, just maybe, this idea is not as mad as it seems...
Be lucky...

So, Vonk thinks doing a deal with the dreaded YA crooks is going to enamour his standing with shareholders. What a pillock.
His 'I'm all right Jack attitude' is going to catch up to him sooner than later and it won't be a day too soon...

Watching the way things have gone today, I get the feeling a few shorters have shown up with their predictions of doom but have run into a brick wall as most are refusing to sell or accept there is good reason too.
A few good decent buys in the morning will put pay to their antics and knowing unless they pay the proper sp instead of plotting and scheming, they will miss the boat.
Be lucky...

scallyway3, if I may.
Imagine a kingsize mattress in size but is brittle and can therefor crack.
For instance, move the centre up until it cracks and one side drops back down whilst the other one falls a little short so you get 2 levels but from the same base.
Where the crack is in oil terms is called a fault so one can now see that if the 2 sides are connected, then any fluid or gas can move from one side to the other whereas, if they are not joined as the base of one side is higher than the top of the other side this can't happen.
Next, you take into account the proximity of Balcombe to HH and as it is suspected the oil from both sites is from the same chamber, then as oil is being removed from HH, if the 2 areas are indeed connected, one could see a possible pressure drop in the non producing well.
Now that we know the test period for the Kimms in HH should take roughly 100days for full results, then 60 days is enough to draw a conclusion as to whether one is affecting the other and no doubt will also be a datum point for infomation that Brockham could behave exactly the same.
The time for testing HH has almost come to an end and IMO the next RNS released by UKOG will be closely followed by Angus with a possible status report re connectivity.
Be lucky...

Orange88.
That's rather an inane comment is it not.
No doubt you can furnish all with your wisdom as to why the bottom has dropped out of the SP given there are no valid reasons that most on here are unaware of.
Most see the last 2 RNS's as positive putting the Company in a stronger position better than it was, so just how do you account for your comment ???

DOWN 56% ish in 2 trading days. Who died ???
Seen better on a duster well which normally recovers somewhat, but here, with our share of the Company and the prospect of an upcoming drill plus KNOWING the other side now have to pay their way, why the silence from our BOD screaming from the rooftops about the manipulation in the SP ????

NOW not not. oops