The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Yep, Turkey rolling hopefully..... :-)
Capitalist and Oil men will be very happy..... as are UKOG shareholders :-)..... same thing :-)
Oil price continues to rise now at $74.33 per barrel adding another $ on from yesterday.
https://oilprice.com/
That's another $ per barrel on UKOG's profit calculation. Fixed cost to produce in Horse Hill and Turkey below £20.
Looking very juicy for commercial cases this summer :-)
Probably the only fact posted here amongst all the trolling today :-)
https://oilprice.com/
And now $73.40 : https://oilprice.com/
Seems the longer we wait for increased production the greater our profits and commerciality of our wells.
Win win ....go UKOG!!!
https://oilprice.com/
UKOG Brent stable above $73 :-)
More £££'s for UKOG :-)
$73.45 and onwards to $90+ per barrel.... all extra UKOG profit :-)
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 :-)
Busy trolling Friday again.
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 ???
GLA
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
Glad to see the troll team have enjoyed my initial post :-)
UKOG oil now trading at $72.77 per barrel and rising....$73 soon and on it goes to $100 :-)
Brent now sitting at $72.53 per barrel : https://oilprice.com/
And potential profits for the Turkish five is going up every day :-)..... going to be a huge re-rate from here this summer!!!!
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.
So much potential for the long term investor.
I'll be holding the whole way to find out :-)
GLA
I see trolls trying hard today while we wait for news.
Because when the news from Turkey starts to flow (happening here very shortly) the trolls will not get a look in.
This is their last desperate attempt to damage the company.
Still holding strong and ignoring the trolls....apart from entertainment of course :-)
More likely with Turkey spud news....
Very encouraging and in fact the offer is going up on the day.
All this extra share issue is priced in before the meeting so expecting only a rise from here.
GLA
Agreed Wizard.... springboard from here :-)
Agreed, all funding cleared to production now...... rig rolling into site next and drill away :-)
This share will be the hot potatoes this summer.... who's going to keep hold of it until fair value far north of here :-)
Very encouraging to see the resolutions passed with such a large majority..... obviously the XR swampies buying the £10's worth has little to no effect :-)
They'll have to sell a few more pegs on doorsteps to get in the game here :-)
GLA
Yes, I'm expecting a good update from the lads on site this week.
Should be some very interesting pictures or truck trundling up that new road and onto site :-)
But what's on the trucks...how much storage are they planning..... maybe a rig this week or next??
Going to be fund watching it unfold and the market reaction.
We know this share is highly followed and an army of investors / traders waiting to jump back in at the right time for them.
I'm a long term investors so I've been loading up on the lows. But others sell on the way down (why we are oversold now) and then buy back in on news developments. The market is made up of all types.
GLA