Member Info for Skwizz

Odd how his poor spelling is so similar to Adrian's, don't you think?
;)

Yeah, I'm not knowledgeable enough to be very technical with my terminology I'm afraid.
What I could've bought and sold for is what I look at.
5-10% would've been a good shout and what I look for when I do.
If that comes back I'd get interested again.
But it needs to be volatile within a fairly 'settled' range.
If the range itself is too volatile it doesn't work.

10% now

Don't know why it was, but hope it might be a sign of some volatility returning.
:D

Still comes up with some proper carp though.
;)

Ah, sry ibug.
I hadn't read on to your post.
:)

"To earn its 50% interest in the Licence, the Company has agreed to fund 100% of the first of 5 commitment wells in the Licence's 5-year exploration term, together with a small 2D seismic survey with an expected cost of $1-$1.5 million. UKOG's net expenditure for the one well plus seismic programme is capped at USD$5 million maximum expenditure. Thereafter, the Company will fund its 50% interest share expected to be c. $1.5 million per well."

"AME contributes its 50%-share once expenditure exceeds $5m, so UKOG's price for buying into the licence was 50% of $5m, ie $2.5m."

Lolololol.
So stupid it's brilliant.

It's been "going to be higher next month" for four years.
Occasionally it even is.
But the charts show the truth of the yaysayer's matter.

Not a warning just trying to bring some balance and realism to the over-zealous and fantastical ramping going on here.
DYOR and never invest more than you can afford to lose.
Diversification is the key to a strong portfolio.

Wasn't aware of this when I sold 10% of my BP holding this morning.
Still, may be a good thing I suppose.
At least I have some cash in my portfolio again now.
:)

Is that you, or FOTH?
Either way, congrat's on getting out.

Rubbish!

Probably in May, with the other holidaymakers.

China's done a deal with Rosneft.
I may have mentioned that BP own 20% of Rosneft previously....
:)

LMFAO!
Stu, you admit yourself you invested in UKOG drunk and regretted it as soon as you sobered up.
How can you criticise anybody else?
What med's are you taking?

Shhhhhhhhhhhhh... don't rattle the cage.
;)

Hardly surprising.
His own remuneration for 2022 will be over £0.5M.
I should imagine those who need a pay-rise to to heat their bedsit will have little sympathy for his thoughts on combatting +7% inflation.

51.4p.
Good enough for me.
:)

Well, it was good enough for me.
I'm looking at this for the mid-to-long term 'recovery' portion of my portfolio and this price (and potential) warranted £10k of my hard-earned.
So I just pulled the trigger at 51.4p.
I already had an existing £10k holding which I'd invested in October at 47.7p.
Happy and confident enough to sit and wait on this, but I wouldn't be surprised to see it bounce either.