The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I'm guessing many have broken the number one rule by investing more into UKOG than they could afford to lose.
Also ignoring the investing disclaimer that stocks may go up as well as down and that one may lose their investments.
When one places a bet or gambles in a casino and loses, blaming your losses on the betting shop or the casino is not something one does. Nor is standing outside the betting/gambling establishment claiming its a scam.
Taking responsibility for one's own investment decisions is evidently not something everyone is capable of doing.
It would be pretty cool though if the stock market offered a money back guarantee.
I believe this is what is referred to as "living in ones head, rent free". Lol
Shame there is no UKOG chat of substance for me to comment on. I am guessing there won't be until Supreme Court proceedings.
:)
Seems like CEGs business is now land owner/trader. More of a real estate broker than Oil Producer.
Either way as long as I can either reduce loss or even walk away with a profit. They can do whatever they want.
Lots of big talk from Eytan. We've heard this level of chat before. At least CEG has learned the lesson to leave the off-shore drilling to the big boys.
Selling off producing assets to gamble on buying licences which could contain oil is a 'all in gamble" though.
This time around, I don't be waiting on the drill results. Lol As soon as the farm-out news comes (if it ever does), I will cash my chips in.
Sorry buddy, I am back over the line :)
I'm willing to bet that's why everyone got invested here in the first place; the possibility of a Wytch Farm level discovery.......
My last post started off derampy and then got rampy & then finished derampy. :S
I'm just gonna step over the line quickly because I've just noticed the title of this thread lol. Apologies in advance.
_________________________________________
Remember when Vernonya lied and manipulated this board into thinking UKOG had released an RNS and admin deleted the post lol?
Man those were the days.
I wonder why admin hasn't deleted any of mine......?
________________________________________
No doubt that's why the decision to roll some dice in Turkiye made sense. If the PIn1 well is a duster then it's lose lose. Loxley gas maybe the only thing that would help UKOG stay in business.
But now PPP have entered the fray so unless they have some magic tricks not yet tried in HH, who knows. Watch Farm was on shore & a great success, so it is possible that onshore could produce significantly if another formation could flow like that. But to invest in that is a fairytale decision in my opinon.
Well if the mandate is to approve all new oil & gas projects across the UK both on & off shore to ensure energy security. Then it's likely that projects and the approvals process may move more swiftly with less red-tape. Ultimately that would benefit all oil & gas producers and explorers in thr UK.
I think legal challengers will jog on once the Supreme Court ruiling is given. Seems like Rishi is prioritising energy security so we never have to go through another winter like last year, where Gas prices spiked to those levels.
I'm wondering whether there would only be 3 shouldvesold posts if everyone drew a line.
Loving your work Bull-ish.
The Glencore divi that's coming at the end of September I'm going to give £20 of it to you.
:')
Oops, I forgot to add "boohoo me"
:'(
I feel like by me choosing to draw a line and no longer go tit for tat is galvanising & empowering you guys to get more personal lol.
:)
_________________________________________
Cyderlad, shareholders have no influence on the geology under HH or Pin1. If the oil doesn't flow, it doesn't flow. If the technology doesn't exist to make any oil present flow, what can a shareholder do other than make a pragmatic decision on their holding? I can't say anyone on this board is a happy shareholder, quite the opposite.
As for ousting board members, I not sure of the exact procedure but I am certain writing SS out on here will not be formally recognised.
So club together, get legal representation, add up all ya shares to see if you have enough leverage to schedule an EMG. And propose some resolutions.
You could just sit back & wait for company news.
I bet there is more than 4TCF across Tanz and probably many more times that off shore.
But has always been the case, its all land locked or has to go through the one port.
The pan African pipeline is some 10 years away and so I am going with Tanzania being a net exported in a similar time frame.
I think that's why there were no buyers, Because gas prices are high now (or were) and so gas sales are needed now. Why buy an asset that doesn't look like it will produce any time soon.
I agree to expect another extension and the deal may close by year end.
I remember when I made a comment that I didn't understand why people would continue to hold or average down if they had lost faith in UKOG or SS and it started this whole storm. I never told anyone to sell though. Must be nice having the freedom to able to say this me and go unchallenged. :)
Let's keep it UKOG, come on draw a line with me.
Ah I see, baiting the bait.
________________________________________
That's 5 new personal comments today and zero from me.
:)
So being as I have drawn the line, people feel safe to now make more personal jibes huh lol ok.. I guess I'm the only one who wants a non combative board.
________________________________________