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Echoed here ambers. And i think thats where all the "fence sitters" are at. Just how good is DW at negotiations of this magnitude. Waters being tested as we wait. If the deal is massive (which all currently invested hope) those perched and primed ready, can jump in, on the hopefully long ride up. I really hope the deal is a rabbit out the hat kind of deal that changes a lot of lives for the better. A meek 2p a share wouldn't lift my spirits as it would only get whittled away again by the markets.
My concern from here is the estimated 400m barrels they thought they saw in winx but in fact haven't, what of the main acreage, what if that is well off too!?
disappointed to say the least but it now making review the assessment of the other plays too.
i hold +8m of these and was hoping for a few more... i don't think i will now.
This has to be criminal. what in the actual f is going on. I'm holding over 4m with an avg of 1.8 for over 3 years. When i first got into this AIM market there were the "old dogs" warning, praying to be finally out. With so many on the filtered list, and the sheer corruption of the market, as soon as I see 2p i'm OUT.. and for good. TW/BMD and all the worthless c**** that follow them I wish bankruptcy and misery. UKOG has really done well (with HH) up to now, even with all the shares in issue. There has been a real abuse of the market here imo.
@bumblingfool - is that a serious comment? and to those that recommended it.. do you not think that if rain water can get in, then maybe fluids out of the well can get out? have you really thought that through. I didn't think so.
I don't think we will see the 2p barrier surpassed unless we get one of three things.
1) SOLO RNS declaring to their share holders they are fully out.
2) Eyes on sight spotting >2 tankers a day. (there may already be, but we are missing them)
3) UKOG RNS with declaration of commercially viable KL4,3 or however they have played it. (i.e. as one connected)
I also think 3) would be the least likely to come first.
ATB LTH.
Scam-Dic
18:57 "I challenged the disciples twice to come with a single ftse or aim company where the directors are in invested. I can't find one."
20:56 "Find an aim shares where the main director's investment in 4 years is zero please."
ARE YOU FOR REAL!? - 2 hours