Wow, not read it but whole page mostly trolling posts from the XR team since my last post. If they put this much effort into researching and investing in companies they believed in then they would probably be able to make enough money to buy UKOG and shut it down :-) But at least they keep us investors entertained :-)
Turkish update soon... wouldn't want to be out for the weekend and miss the step up :-) Ignore the trolls and do your own research...this could be the stock of the summer everyone wished they'd bought sooner! GLA
But what if the sensibly wait until after they spud Turkey and raise at a higher price?
Since the directors now have a buying scheme (skin in the game) it's in their interest too to get and keep the price up from here.
Let's see how it plays out but for long term investors the prize it the multi well setup in Turkey. If the first well hits the target we'll be transformed by the end of the summer and looking at near term 2nd and 3rd wells.
Iow planning and Loxley to be given the green light in the coming weeks too ???
Yes a good stream of positive news flow on three or four commercial fronts in the coming weeks. Should be a good run for UKOG long term shareholders at last :-) And those picking the right time to invest for the glory shot :-) GLA
Interestingly fund managers rules will not generally allow them to pick UKOG. They have rules like percentage of management holding of stock (skin in the game). Another is historical proven profitability. UKOG today has nether but with the new Board / Management share scheme and the Turkey project potentially turning the company profitable very quickly that could change very quickly.
I'm also wondering if the board / management will take a chunk in the next offer / placing ??? Would make sense to kick their stake off.
So this year could be massively transformational for UKOG but next year the fund managers could boost this to another level again.