Member Info for Stocktaker01

I’m holding and happy they’ll be success here I just think they should have been better prepared first test. On a separate note that Chris Oil character looks like the head vampire out of the lost boys. Wouldn’t trust a word he says.

The one thing bugging me here is that the core and logging data identified the following-

Highlights

· Substantial hydrocarbon accumulation within a net 65 metre interval encountered in the primary target, the Kirkham Abbey formation

· Significant liquids component identified from core and logging data

They have then gone and set up for a gas flow test? Wouldn’t the degree of liquid component be more obvious from the core/ log data?

Why were they not prepared to flow test oil?

Pretty sure there’s a financial incentive from HH to SCC. Was it 5% of profits? Should be enough for the free cognac at the SCC Christmas doo. I’ll wager it goes though with conditions as stated.

Sound enough from Simon. Yes it’s certainly interesting!

No tax at all within isa regardless of what you make. You can only put in 20k per tax year. (only) being being plenty. With aim shares such as UJO the returns can be big but so can ( and usually are in aim) the losses. By all means have a punt at some aim shares you like the look of but keep it comparatively small especially as yr new. If yr looking at this for long term saving seek out some of the solid ftse 100 shares that offer a good yield. But even with those wait for the dips .. BP at the mo. For example. I should follow my own advice more. GL

If yr truly new to the game and not a millionaire you can invest Up to 20k yearly within a share dealing isa ensuring all profits are tax free rather than regular trading account.

More “funds” raised

Clearly their is fear here as to whether more did a will be raised. Yes UJO were funded for the planned short term operations at WN. Those plans have now changed whilst much of the monies spent on reserving and hiring equipment that were meant to be required for 2 months won’t be retrieved. There’s now also the aspect of when further news is expected. An unknown at the moment. Still holding but not expecting it to fly imminently.

Opened the spread. Spiked down the price. V suspicious. Hunting for 1p stop loses? Panic sellers? Believe it or not v suspicious. Seen this regularly before good news hits.

This was one of my biggest fears wrt getting planning. Not that I though there was a link but that the investigation might drag on. No scientific link. End of.

I’ll stick with 2.92p

What happened to dhc? Once SS biggest fan. He was promoting ramping ANGS last I saw. Even after the blatant lies that came from the board around brockham. Oh dear. As for big410.. fk fella you wanna lay off the hash-Hish a while.

Late reply but thanks nomad. Yes technical analysis done. 2.92p it is!

If you’ve already put these into a spreadsheet please can you tell me the average of the figures excluding the top four and bottom four (outlayers).

Thanks

There is no doubt in my mind that based on current revenue UKOG is overpriced. Tf for us all that simply isn’t all the mcap of AIM companies is based on.

Past history of how the sp had reacted around drilling / testing would support estimates at the higher range not the lower. Each to their own. Open a short if your in form belief this is going down in the next couple of months. Good luck

I can appreciate that if / when the loan debt is converted and shares hit the market any positive news may be dampened but there also the fact ukog now own a larger (almost all) of the pie to consider. To hit the share price sub 0.5p would be to assume nothing will go UKOGs way and that drilling hh2 goes incredibly wrong ( doubt we would even be testing by then). In the unlikely event that HH2 drilling has not started I still doubt we would be anywhere near 0.5p.

As for planning I’d be in all honestly surprised if it done and dusted in September but hopefully we’ll at least get a hearing and any further steps required to attain planning be spelled out.

AIMHO.

To those “guessing” sub 0.5p or even less than 1p I’d be intrigued to know the assumptions you have made to guess so low?

KOH. That’s it on a nutshell. News of bonds away will see this over 15p in a flash. Could go below 5p in a flash if not. You pays your money. Citi have put more money in. US / China have more time to sort their st out . That’s good enough for me.

Yep good day. Should be much more to come in coming months.