Member Info for Skwizz

I'd say he is correct, Lonely.
I'd say it was obvious where oil was going because that's were the Saudi's and US want it.
However they don't want it much higher (the US anyway) and in the next couple of years it's probable that we could see it move much closer to its' highest ever levels, let alone $75.00.
All this is pretty obvious as countries start production and lockdown on oil users eases.
The infrastructure has been damaged and will take time to re-establish and meet that demand again.
None of this affects UKOG of course (...yet).
:)

Ocelot and Oldbury.
Two sensible posts, thank you.
I've only seen UKOG respond to the price of Brent when Iran droned the Saudi oilfield in the last year though.
Otherwise it's borne little relation to it.
Maybe an RNS confirming UKOG is capable of actual oil production might alter that (also depending on actual capacity, not some Trumpian figure SS might think up on the spur of the moment).
:)

I'm closer to E; A bitter current shareholder.
:)

I don't think I'm a shorter.
I trade for quick buys/sells (ideally within one week).
I buy if I think the SP will rise and sell if I think it will fall.
UKOG used to be spectacular for that (still has its' moments but much less often now).

I only do that with a few shares and a very small part of my portfolio.
I have traded UKOG (which is only how I made so much) but I also invested 50% to hold.
That 50% (LTH) is all I still have now and was bought at avg 1p.
I will hold to sell higher or to see it go down the tubes.
My profits have already more than covered it, but I'd still rather not see it go to waste.

If I see opportunity for a quick turnaround sale, I may still invest more.
But the risk is too great atm and I can get better value (lower profits, but also lower risks) from other companies.
:)

I'm no swampy.
The largest holding in my portfolio is BP.
I invest for wealth, not ideals.
I've already taken much more profit out of UKOG than I ever invested in it.
What I still have invested here is all money I didn't have before, taken from the same profits.
I have a right to my opinion and to express it.
I dismiss criticism of the de-rampers who do not similarly criticise the fantasist rampers.
:)

Serious investors will hold shares in companies like UKOG as one small part of a larger balanced portfolio and understand the risk inherent in it.
The SP might start to rise from its' current CEO-busting level.
It might also fall to unsustainable levels and take the company with it.

In one scenario it will return some profit / recover some losses.
In the other investors will lose anything left of their investment.
DYOR (do your own research) and remember that the "rampers" have been wittering on about this being a good buy, all the way down from 1.5p.
While the "de-rampers" have correctly forecast the actions the BoD have taken to cause this drop.

Whoever you choose to listen to, you only have yourself to blame.
I think, if there IS a chance for any return left, 2p is years away.
Even if the board start communicating anything truthfully.
I'm leaving the investment I have left in here (I banked more profit than that already).
:)

Troll

Not really.
It's a little bit more complicated than that.
If you want to sell and nobody's buying, you have to lower the price you're asking or hold onto the shares.
Similar for buyers.
So it's not a mater of a simple exchange.
:)

Happens sometimes, when there is excessive trading activity or volatility.
I get iut a lot on UKOG via Hargreaves Lansdown.
Extremely irritating when you can see an opportunity and can't buy in (or sell off).
:)

Hope you're right 4.
I'm on the negative side of 50/50 atm.
Good luck though.
If you benefit, so do I.
:)

Has anyone noticed how little effect on UKOG's SP the price of Brent has had yet?

Nooooooo...
Dude!
Haven't you seen how much potential there is here.
Look at all the ram... positivity!

Depends if we get any good news, like a new CEO with successful business management experience.

"you can’t brush a 7 figure bill under the carpet hoping it disappears without proving the outcome."

Going on the evidence of the last months, apparently someone can.
:(

Et voila!
:D

Yep.
I recall how all the rampers shouted about how the last one was the end of re-financing and borrowing and there was no need to borrow any more because there was cash in the bank and "profits" would fund UKOG from there on in.
If it weren't so sad it would be funny.
And still they bang on this morning.

I was lucky enough to get in on the way up to that and sold at 10p.
But I've traded since and am still holding (with some of my profits).
I'm hoping it might one day get back to 2p.
Then I'm out.
GL and I hope there is still a profit here for you (and all).

I wonder if he's put his own tent up in the woods all along.

SS, not nom...
:)

I seem to recall SS not so long ago banging on about how future projects would be self-funding.
Moron.