Member Info for shamI89

Funny thing is "Petros" official authority has given an official deadline of August 2025,while mug punters are expecting an exploration well within a month or two.Not so long ago a mug punter came up with an idea that this company does not need to drill an exploration well as we know oil is there.Comedy gold that is.

I did not report it but look at you for God's sake grow some balls.If you are really confident then my "deramping" should not make any difference.However problem is you invested on nothing but hot air.Did you expect that this musical chair will keep on spinning forever?

Lol how can you get exploration well in next month when petros official authority is planning to offer this via competitive bidding in August 2025 a year from today.

Off course you did Irishdemon, it is funny to see that countless mug punters are buying these shares daily but shareprice is falling.I wonder why is that?

Lol funny things is when you talk to mug punters here they try to give an impression that they have some "top scret news" which turn out to be more hot air.Not so long ago they were bragging about "connections at government level" which has turned out to be a bs as what good is that connection if they have got their application thrown out.

They should get together and make a "compromise" because some punters were conned through this "exclusive psc" by this company.With a few failed drills, couple of millions and thousands of mug punters this company will definitely give shell,Bb run for money.

Lol what chance does it stand against major players like Shell? As I said wait until August 2025 and you will find out yourself.You have bitten more than you can chew.

Lol only a dumb mug punter would say that, get that into your thick head.They applied for an "exclusive psc" ,petros decided to offer it through competitive bidding.So why would it do it if application hsd been approved.Another clue lies in "final say" but know mug punters like you learn hard way.It has further to fall!

Taken from RNS in March

"Positive feedback received from PETROS 'a good quality JTS report' and 'very good work done', and conformation of submission within JTS timeline."

This was released in June

May 16th Upland confirmed that we are engaged with PETROS to finalise Upland's application for a Petroleum Sharing Contract (PSC). The Company awaits approval.

This was released in July after that article

Further to the recent RNS, Upland reiterates, the Company has been in communication with the Sarawak State Government, the final authority for Onshore O&G Assets in Sarawak, to secure an interest in a production sharing contract on Block SK334."

So before they were in talks with Petros for an "exclusive psc" however Petros decided to go down "competitive bidding route".But after that article they got in touch with "Sarawak government authority" the final authoirty for Onshore and offshore assets in Sarawak.Petros have clearly refused their application otherwise they would not have gone down "competitive bidding route".

That is joke of century,how can they believe they are woth more than 140 million when it is a cash shell.

Lol go through RNS and they changed the tone after that article.Before it was petros they were in talks with and then they were in talks with another authority.So what has made them change the authority they were in talks with?

Lol I dont I have ever traded echo in my trading history.But feel free to post it.

You have got to be stupid to even think that 14p offer was real.Who is his right mind would offer 140 millions for a cash shell with few hundred thousands cash.Their application has been rejected by Petros and think about "competitive bidders" as it clearly indicates some other players are interested too.Wait until August 2025 and we shall find out.

They are not fools that is for sure but they have zero intention of making a penny in profit.After that article there is zero chance of this company getting a "psc" .But wait and see as there is nothing that can be done before August 2025

Between them they get 1 million,so in a way they have taken 10% pay cut.Timing is important as funnily enough they have bought these shares after update which they were forced to release after that Petros article.This was done to excite mug punters but share price has lost 30% since then.Volume is drying up and that will intensify any drop.Based on cash level 0.2/0.3 and based on integrity of BOD it is absolute zero.

As usual mug punters cant handle the truth.Meanwhile looks like a few mug punters have grown wise to this "exclusive Psc" bs.....A long way to fall from here....

Here folks,market is not interested in "tr1" and wants to see a clear evidence.Herd has moved on and this will keep on falling.

I would like to hear your "facts" JS,this company had a part-ownership in join technical studies.Then this "exclusive PSC" bs was spread to lure mug punters in,however it got really ironic when company had a few hundred thousands and someone put in a 140 million offer and bod rejected as it though with a few hundred thousands cash this company is worth more than 140 millions.But comedy does not end there straight after this bid bod raised millions.Then bod did not have an asset but went out looking for rig and chose a rig and paid the deposit. It was only through Petros article that we found out that PSC for this block would be decided through competitive bidding.At that time it was Bod's turn to show their cards....These are facts,no asset,no psc and a cash shell with couple of millions.Funny thing is you know this is a con but you are sitting on heavy loss to move on!

On these "share purchases" and we had these mug punters jumping up and down.Market wants to see "exclusive psc" that mug punters were baited through.

Breached 1 today,it still has a long way to go.market would adjust to 2/3 million market capital!