The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
England Cricket Team bus blocked by Stop oil loonies, ahead of Test match at Lords😇 The protest group defends its action by saying that”team might know a bit about a batting collapse”, but climate change is “ our biggest test” , . God help us from these loonies, they need to find a proper job.
Reasons for placement:Quantum Blockchain Technologies Plc
(“Quantum Blockchain Technologies” or “the Company”)
Placing to Raise £1,000,000
The board of Quantum Blockchain Technologies (AIM: QBT) is pleased to announce that it has raised £1,000,000 (before expenses) through the placing of 71,428,571 new ordinary shares of 0.25 pence each in the Company (“Placing Shares”) at a price of 1.4 pence per Placing Share (the “Placing”).
The net proceeds of the Placing will allow the Company to continue to progress its research and development programmes, particularly the further development of its proprietary bitcoin mining machine learning algorithms and software product release, North America business development activities, fund the progression of the Sipiem in Liquidazione S.r.l’s response to the defendants’ appeal and provide general working capital.
Admission & Total Voting Rights
Application will be made for the 71,428,571 Placing Shares to be admitted to trading on AIM with admission expected to occur on or around 6 June 2023. The Placing Shares will rank pari passu with the Company’s existing Ordinary Shares.
Following admission of the Placing Shares, the Company’s enlarged issued share capital will comprise 1,068,980,422 ordinary shares of 0.25 pence each. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA’s Disclosure and Transparency Rules.
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR.
1 June 2023
ZYX098
For once I agree with you 100%. However the Pin- might surprise us in the long run, both partners are going to do their best and if only there’s a result worth an RNS the we might get one. On the other hand UKOG does have its fingers in many pies , so if David L manage to secure the money for a joint venture at HH then of course it’s a different game altogether and SS will be richer by 4.5 million. It’s worth a punt at this low price. I have got enough profit from QBT since last week to increase my investment here!ops I have actually already done that this morning although still investing in QBT for further gains 👀🤞🏼
I still have millions in UKOG, waiting for the court case news on 8 June . However happy to have invested in QBT and in profit. QBT has a good future, peeps interested need to read what’s going on before investing. I’m going to double my investment soon in QBT already 22% up.
I’m mighty pleased that I joined QBT last week and here to stay at the moment. I’m already in profit , a lot of news to come. Last time I sold at 5 p, surely we can get back to 5 p in a few weeks if not months. Happy to have joined in😊🚀
Hi Dilara- are you AME’s paid agent or employee or are you generalising the Pin- 1 drilling operations . You are very positive re- everything to do with Turkey and coming across very outspoken and anti SS. Your statements don’t come across wisely thought trough and seem a bit aggressive. I’m sure you have heard of a film called “mind your language “. I would have preferred more balanced view and by the way Directors are not allowed to buy shares if they know that the news is imminent. Listen to ANGS ‘s chairperson’s interview, might be useful.
You’re so busy downgrading the UKOG, you definitely are not invested and surly can’t make profit. Go back to 2021 and see how many times UKOG SP went up 100% and I have made profit that many times and by the way it’s none of your business why I am trading on Aim market. You are getting personal so stick to the company and good luck with your de- ramping, hope shorting Ukog makes you rich . Good bye as I won’t be responding to your posts in future.👋
“What UKOG has done”.
As far as making profits out of UKOG- it’s done a lot for me since 2017: I have taken out more than 100% profits out of UKOG many a time and this is the only company which has provided me with an opportunity to make money since 2021. Currently I am sitting on millions of UKOG shares as a free float. One just needs to play the cards right and buy- sell when the price is right. I usually load up when de- rampers are busy scaring people, hold , wait and sell 50- 60 % with profit and leave the rest and so on. I do sympathise with those who lost in big way since 2014. However there have been plenty of opportunities since then for peeps to recover some losses if purchased at the right time. It’s the STOP oil peeps which has caused more pain to UKOG. I would like to know how do they live without oil bi product because the modern life is not possible without oil bi products unless one wants to live in jungles. Even the basic makeup products require oil bi product. I believe in UKOG as it’s done a lot of good for me. I also appreciate other people’s opinion- live and let live is my motto 😊
Someone had just coughed out 15 k buy for UKOG, more buys now than sells and the so has also ticked up: so - the de- tampers will sit and clap 👏 on like circus Mo-//k/:s whilst investors hopefully enjoy the profits they take out/ waiting for the court case results and black gold- come on UKOG , you can do it again. GLA
Have you joined the de- ramping squad now or sold out at a loss. You seem to be very keen to praise AME and Turkey but you are very happy to blame SS- even when it’s AME who is operating , why. In my view AME should have been fully prepared for the eventuality and should have advised UKOG that they did not have the equipment required to carry out the work rather than putting photos on the Twitter. I personally like a balanced view and on this occasion SS is not to be blamed , it’s a joint venture between SME and UKOG.
Dilara- SS hasn’t blamed AME at all- the RNS clearly state that it was a joint decision. See the RNS-11:32:25
Turkey: Pinarova-1 Testing Update
Today 09:06
RNS Number : 3383A
UK Oil & Gas PLC
23 May 2023
UK Oil & Gas PLC
("UKOG" or the "Company")
Turkey: Pinarova-1 Testing Update
UK Oil & Gas PLC (London AIM: UKOG) announces that the Company and Aladdin Middle East, the Pinarova-1 operator, have jointly decided to temporarily suspend testing operations pending access to larger, more powerful, 7-inch perforating guns, capable of fully penetrating Pinarova's 9⅝-inch casing and cement. The decision results from analysis of downhole pressure gauge data from testing operations, which indicates that the 4.5-inch perforating guns used have been unable to establish direct contact with the formation through the casing and cement.
Consequently, to date, tests have not yet been able to assess the potential of the zones associated with the 12 hours of strong crude oil odour and oil at surface as previously reported on May 3rd, 2023.
AME had previously advised that the 4.5-inch perforating guns were the largest available in-country and are now working with the sole licenced perforating gun provider in our operational area of SE Turkey to source the required equipment.
A further update will follow when the date of testing operation resumption becomes clear.
As per the RNS of May 3rd, the geochemical analysis of samples of Pinarova oil collected from the mud pit, the nearby seismic shot-hole seep and from East Sadak-12's Beloka/Mardin reservoir, proceeds ahead via laboratories in the UK and Norway.
Of course it’s coming and having had a look at the previous RNS’s it’s clear that on this time around they are looking for - how far down the pool of oil goes and if they can easily link to Basra - 1 well as well and more over if it commercial, not if there’s any oil. Because it’s already established that there was oil back in 2022. Read all the RNS’s since 2021, unless of course the company is fibbing the market, which can’t happen through the Regulatory news.
Fear not , we do have oil this time, just need to be patient, ignor the de- camping squad. I’m still holding millions and waiting!
Ocelot
Posts: 21,552
Price: 0.0705
Buy
RE: Why its taking long for RNSToday 17:57
Ducks are lined up all right, having some fun 🤩 until next week. Waiting for the Black Gold or White Gold , who knows. It’s going to be a very long weekend, sleeping 💊 might be needed. It might go down with a bad news but will pick up due to Loxley’s pending court case, unless MM’s play the same game as they did with 88e- locked the price so one could only sell at a loss. If we get the Black Gold- who knows what the price might be. Don’t invest more than one can afford to lose. GLA all . Whatever May come, hopefully a lot and lot of Black Gold🤩😭✈️
Dilara, I think that my post title here is being twisted- I was not blaming SS for the delay and yesterday you yourself stated that AME is operating this well and not UKOG as UKOG is non operating partner- 50% on this occasion, so why UKOG ceo is being blamed this time. It’s AME’s responsibility?