Member Info for StrollerB

And the Russian top brass don't give a rat's asre whether it adversely impacts the general population or not

As at this morning UKOG have £2.7m loan outstanding and a £1m deferred settlement.
The likely hood of either of these being settled in cash is in my opinion zero.

At 90% of today's SP that is 822m shares to be issued which is why at the EGM we passed a resolution to allow up to 3 billion shares to be issued. At the time there were £4.150m in outstanding liabilities.

Once again , in my opinion, any surplus cash being generated will be put towards further exploration and development costs.

Apart from being a crxp site anyone explain why share trades seem to stop early afternoon.
Today at 14:09 i think

Fred was that you sitting next to me at the meeting. Left side 7 rows back ?

Fair summary

Modstu so you think I'm a keyboard warrior do you ?

Anyone else attending the meeting and staying tonight in the Travel lodge London Central City ?

In the City and Wall Street business is dog eat dog . However trampling , neah , grinding the local population into the ground in the area you wish to operate in is not a good idea.
These people are not normal investors and rest assured they have very long memories .
If AA are successful they would do well to remember revenge is a dish best served cold.

In the City and Wall Street business is dog eat dog . However trampling , neah , grinding the local population into the ground in the area you wish to operate in is not a good idea.
These people are not normal investors and rest assured they have very long memories .
If AA are successful they would do well to remember revenge is a dish best served cold.

QF please highlight what or where you have come across a simliar situation to this.

Max , see you there.

Zoom do you not read the RNS's ?

Asp1:
Remember Lloy have been dishing out around 750m new shares each year at least over the last couple of years.
I have no way of knowing if this will continue other than at 30/09/19 ( ceased buy back in September ) TVR 70.026bn. At 31/01/20 TVR 70.285bn. +250mn in 4 months.

Tranter: naive is a bit harsh. Foolhardy maybe.
I don't envisage the need to access my capital for the foreseeable future.
LLoy SP has only gone below 50p twice i the last 6 years . Once in 2014 and again in 2018 . On both occasions for very short periods of time. Whilst recognising that past performance etc etc . If at 55/ 56 pence the capital loss represents max 2 years dividends if the SP drops to 50p.
I am happy to take that chance .

With the SP in the mid fifties and a return between now and December of 4.272p (2.25 +.674*3) IMO I see this as a good buy.
I'll worry about the capital later as i cannot control it.

agree with you .the more that comes to light the worse the stink gets.

I also struggle to get my head round how the current government view this.

Red wall demolished at last election. Whole families voting Tory for the first time in generations.
These voters will have expectations.
Northern powerhouse, aspirations etc.

The government (Tory) now face the prospect of a very large proportion of the very same people who voted for them
being wiped out. I wonder if they realise it's not just the 85k PI's who will be hit it will be whole families and their children.
The majority of these investors i suggest are not traditional investors and the mine would probably not be where it has got to without them.They will probably lose most of these voters for at least a generation.

I am certain the mine will be built of that I have no doubt and the government will get the benefits anyway.

But at what political cost . Fairly or otherwise the Tories will get the blame.
The opposition will have a field day.

The families that will lose out are not part of the metropolitan bubble and have very , very long memories.

All this for the sake of underwriting £500m .

For the benefit of clarity i am invested and stand to lose a decent amount if AA win or it goes bust.
I am an investor and whatever the outcome will not make any difference to my lifestyle.

Its the local people who will lose that I feel desperately sorry for.

Stroller

Riverfort / YA cannot sell until they issue a request. end is raised asap after receiving request.
Lifting cost circa £15 on
Cannot flare gas once in production
More to come latet

£300000= 3 billion shares
Existing balance circa 500 million cancelled
Allotment is to ensure £4.125 commitments can be met.
My opinion : They will not use cash to meet these commitments. How many of the 3 billion will be required depends on SP at time of allotment

Mirasol : I shall be attending.

I cannot get my head round the concept of forward selling in these circumstances.
Converting loans for shares is by its nature market price sensitive. Selling shares you don't currently have and in advance of the market being notified of price sensitive information is surely insider trading. ? am I missing something or is the FCA ?