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I think the 275m went earlier by my humble calcs.
I thought YA were limited to 15% of volume per day. Where are all the other round number sales coming from. I think they are being allowed to get out ASAP. Which is why the SP is under pressure but good for LTH in the end.
Here we go. A transformational month in the companies history. Go UKOG, well done to all LTH who stayed on the journey. Good luck all.
Overhang not overhand.
Need to burn through the rest of 300m overhand from the deal before it starts to pick up much. Should be done by Friday close if the volumes of the last 2 days holds. IMHO.
They are certainly getting through them at this rate, be done by Friday close.
2.75
No, it will be checked out first. But we have 1 well to be drilled anew and one side tracked, for optimum oil recovery. Happy days are coming back to UKOG and thanks to the eyes we will know when.
Why do HHDL need another approx 1m cash when they already have 3m from the oil extracted.
Great RNS.
All I think has occurred, is SS has negotiated to buy something and offered shares and the owners of the asset have said no way. Every time shares have been offered in last few years for assets the agreed value has dropped way below the paper value. This has happened time and time again. So this time the owners said, no, we want cash you take the risk on the shares going lower. Also, WH Ireland have until 25th April to sell the new shares on, if the share price is under the price they can sell these 333m shares why would anyone buy them, they could just purchase them normally for less money. I suspect something news wourthy is on its way to stop this occurring.
It’s at a higher price than today and for additional ownership of a site where oil is loaded on tankers everyday, where there are known and communicated future plans starting in the next month or so. What’s not to like, it’s great news.
No unfortunately, all closed at 1.68
In auction on Level 2 at 1.7
Not that it seems to make a difference to the SP, was it 2 or 3 Tankers yesterday at HH.
How long left on 150 day EWT and do they have sufficient time to test KL4?Can it be extended?
Hi Phil,
Thank you.
So, we should expect our RNS shortly then as it's been declared elsewhere already?
Seems to list all the KL3 EWT data, unless i'm reading it wrong?
Hopefully enough volume for them to leave. No doubt there will be some large late advised sales, hence the SP performance on outstanding news.
Sale is 1.94 and buy is 1.975 does make the mid 1.925 ??