Member Info for Stocktaker01

Not tempted to stick around for Hh-2 / HH-1z

NT I'm wont jump to his defence on the radio silence and handling of shareholders but to if you believe in the weald potential (you have thrown more money at this) you might understand SS approach to buying up as much as he can of it before "the cat gets out". SS strike me as someone with professional ego. Not just someone out to line his pockets. I genuinely believe he's trying to make something big here - albeit it feels like its at our expense at the moment. Lets hope that IF he can get HH producing 3000bopd he remembers his long suffering share holders! I'm holding plenty at average of 1.75. although I have taken profit form here before so my overall average might be more around 1.40 mark. I hope as has happened twice now on anticipation of drills alone we can break 2p in the near future. My strategy now will be to try to work a free carry here- still with a substantial number of shares!

even at this SP. If brockham doesn’t happen will fall further. Assuming brockham is still is happening why the big sell order do you think?

But your opinion is strong buy?

That is a factor for sure but my current bone of contention is why has a rig contract not already been sorted. Indeed why aren't UKOG drilling HH-2, a drill we already have permission for? When a company states they are going to drill in Q2 it's not good that 2/3rds into the quarter they still don't have the equipment sorted and there is no firm start date. Back to the planning point. How do you best address concerns regarding drilling/ production activities yet to be approved? Simple you deliver similar operations you already have planning for in a timely, safe manner according to permissions! get tf on with it!

Going on here. ANGS surely have to flow Brockham following the water isolation to know whether or not it is commercial. This hasn't happened yet! Why they did not have their ducks in a row with regards to equipment I'm not sure but as angs have stated that they cannot bring hydrocarbons to the surface without the necessary equipment in in place (EA regulations) and they will not know whether or not the well is commercial until they flow it. Makes sense to me. I'm not sure under what circumstance they would be calling it off a t this stage? Patience required. Market being played here.

I was thinking 11/ 11.5p

The rns is clear. Equity. That means printing shares. Right that it will be worked on already though. Not gonna release festival of the Inverstment unless the funding already sorted. IMO. So yes the investment partner may hang on the the shares but it still more shares.

"equity" that's means printing shares= dilution. don't get me wrong KDNC have fingers in some interesting pies and this deal could be the making of them but don't expect £1 next week. the deal needs to be financed. I'll look for entry when those details are ironed out

People taking quick 20/30% profit and funding required. regardless what its for funding is rarely good news for current share holders. I'll come back after the placing

suppose if we all knew what the "step change" investment was that the last placing was to be used for we might have a happier board right now. ATM its feeling like a delay and fk up fund at our expense. Don't get me wrong I believe UKOG can make a success of HH and beyond I just wish they would get on with it. To be getting paid the salaries they are ;paying themselves and not yet have a rig sorted... well

To thermofisher propping this up today.

But not today ?

I'd be delighted if it did double the MCAP but don't see that paying £3.5m for an asset will add 20m the MCAP, I am hoping results at Brockham will easily do that mind!

Of a SP higher than 4.25p by the 24th then! Otherwise what’s the point? And if you believe that’s the case just buy as many you want now!

It’s the same because the new shares were already factored in the SP yesterday. If 2/3/4 tankers a day start rolling we’ll see where we’re at!

Strangle conclusion bumble. Could you be trying to sting PIs here? From what I’ve seen on Twitter (photos and video) things appear to be going very well on site.

Agree DHC. I think one is imminent hence my previous post.

I was referring to that dip as the fact there are no sizeable trades to support the fall. We’ll see

Sp hasn’t dipped sin 1.10 for weeks so obviously good news around the corner