RE: BREAKING news - from UKOG19 Aug 2019 16:58
Oiler87, unless you are deliberately trolling and had you done your research on UKOG you would know :
- UKOG fully funded (no capital placing necessary)
- Cash being generated every day by new tankers leaving Horse Hill 1 well.
- Horse Hill 2 drilling about to commence on arrival of Rig28......this weekend likely!!!
- SP now bouncing off the bottom of an expected two year drift between drilling activity.
- Regular AIM mechanism of investor apathy sell off apparently stagenent assets... which UKOG appear to be in long periods between drills.
- It's been a long period between the drills because permission and licences have been acquired. Greater percentage of current assets and new assets have been purchased. The company has transformed from an investment explorer into the official status of OIL PRODUCTION company!
- Everything now set to reap the rewards of that two year transformation and ready to start the drilling campaign to realise those assets.....many many assets (Horse Hill, Broadford Bridge, Dunsfold, Isle Of White etc....). Don't forget a second site is being sought in the Horse Hill license too!!!.... Another 6 horizontal production wells!!!!
If you are struggling to get your money out of UJO, ANGS or others, you probably should just cut your losses and get it in here....five days left....well four trading days until Riggy Weekend! And a high value investor or two could show their hands any day just like 30% Friday a couple of weeks ago.
Getting very exciting now after two years of waiting and building. Good Luck All.