Member Info for Stocktaker01

Until there is a clear plan and financing sorted. I sold out at a sizable loss last week and I believe any financing that does come will drastically dilute existing shareholder further. IMO of course

Cheers gk. yes the info I missed was the price. @1.82 he’d be mad to take them i thought his options were all around the .8 mark.

I know what options are i'm talking about the expiry? like you say its free money so to let 35m expire would be a bit silly - would it not?

35m expire tomorrow according to a twitter post. Can anyone shed light on this? I can see that 25m were extended till the end of the year and 25m expire sometime in 2022 but what about these about to expire?

Needing more than but being limited to 16 Tankers a day would be a wonderful problem to have. I think this has been based on the things - cautious estimates and getting it through planning

Put what you can afford / want to in. I will say trading with relatively small amounts can be pointless or at the very least difficult due to trading fees and the spread having a proportionally higher impact every trade. IMO the only thing stopping this lifting off at the moment is the finance overhang. Obviously this will be cleared in time and hopefully the potential of the coming months will counteract or even overcome this downward pressure- as I believe it will. Choice is your if you think we are close to the bottom here, but with a relatively small amount such as 1k you might be better to buy in and leave it until the well tests that will flow drilling at least - of not longer term. I think much of / if not all the the financial overhang will be cleared before we get flow numbers. if they are good you can comfortablly pick a number over 2.5p if not 3.5p IMO.

do drab must be away doing his drab routine elsewhere

Quite right Mkx. those s******ing at the 200-300bopd obviously never read the initial flows back in 2016 through a 1" YES 1" choke.
"the well resumed flowing 100% dry oil from the Upper Kimmeridge Limestone, through a one-inch choke, at an instantaneous rate of 1008 barrels per day ("bopd") and continued to flow for a further 7.5 hours from 2234hrs on 29 February at an average rate of 838 bopd"

That was for the upper kim only from the same vertical well. Imagine what horizontal will flow. I'd say SS has been very prudent with his numbers and well management to date.

Showing a big player accumulating would be nice right now.

Very possibly is the short answer

Reads like out of date fool news.

see dab rob is back. must have finished at his job in the mortuary

Fill the order reap the benefits for the spread at the time

Very hard to know with these after hr reports. Prob a sell but we can hope for a big investor. If its a sell it’s another nice lump of overhang shares gone.

I think they are as some massive sells we’re going though on completion of the deal and before YA converted. Plus now I’ve been reminded it IS only 15% YA I think tellurian adding to the sales. Add to that the sell on news brigade which will be finished today. It’s all getting rid of the overhang. I still think ( and hope ) we can stabilise in the 1.2 -1.3 range throughout drilling. Hopefully move higher

Thanks blade. Thought I had read it but missed when I looked back earlier. Cheers.

Yes from recollection that was the cases the last time but I see nothing about 15% in the terms this time. They are limited to 3m per quarter.

A big buy. People need to calm down. YA are selling - that what they do. But they will pause once they don't like the price anymore. In the meantime there enough promise with this share for people to be willing to throw 65k at it despite the overhang. hopefully this will allow the price to stabilise at a reasonable level. then when YA take a breather it will bounce back ... eventually and probably before we get flow number they'll be gone.. and then

check out the trades figures. YA (and some scared PIs) are selling. simple really.

it was obvious that YA would be selling vigorously into the rig news and drilling campaign . I thought the net effect of planning/rig arriving v YA selling would be a small rise but is obvious that the 2-3p next week is not going to happen. I believe UKOG can "ride" out the sells, indeed the fist 600k is probably nearly gone. going off being involved with other stocks when YA are selling down they tend to "take a breather" before going again. As we get closer to flowing I believe the net effect will be a steady increase in SP. By the time we get some flow results we'll be clear or almost clear of the overhang and the effect of the 25yr planning and hopefully big flows can take effect.