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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
Great user name UKOG_11p :-)
I guess you are focussed on a single share and confident of it's potential to reach it's previous 2017 high.
If Turkey is a success in the coming weeks, we could smash though that this year :-)
Looking forward to an update next week.
Wouldn't want to be out for the weekend :-)
This is a news driven stock.
The chart trend is meaningless right now until we are in Turkish production.
The rig arrival and production results will jump this stock back to fair value in pretty quick time over the coming weeks.
Drill will be in place this month and looking forward to the next update.
11p and then some is certainly possible if Turkey is proven early this summer and oil prices continue to rise... above $71 now.
UKOG's potential keeps on getting bigger.
They have an initial five well plan in Turkey but if they make the first one work it'll be a rocket from here.
Keep on building ya position while it's give away cheap IMHO. GLA
As predicted Brent (UKOG oil) over $71 today and keeps rising on demand and supply calculation.
Looks like the whole market is going strong now which will increase demand as industry swings back into action across the globe.
UKOG well placed to do well on all this.
Good luck team and investors.
Absolutely agree Ocelot and why Sanderson chose Turkey.
He knows ROI is fast and he knows there a lot of oil there.
The information on UKOG's website shows the geology of the land and modern techniques can get the oil out.
Roll the rig Mr Sanderson....let's show 'em :-)
Keep 'em rolling Sanderson :-)
Agreed, we should be seeing 1p again this summer and most likes 2p to 3p by Winter at the word spreads and the big money starts to flood in.
Look at the interest and number in 2017.
UKOG was and will be again top of the traders and interest on chat boards.
Take ya positions chaps and sit back to enjoy the journey.
GLA
Ocelot, I think you are the only one that bothers to actually read the overly lengthy garbage posted by the flightless bird.
Just ignore is like the rest of us and don't give it's twisted agenda oxygen.
We all know investing is about realising the potential and investing for future returns.
If it was producing future potential cash flow now we wouldn't be able to buy this stock so ridiculously cheap.
It's an absolute give away right now this close to production.
The rest of the market is distracted with other stocks but once the news of the rig arrives the market starts to take notice and we start to gain the rewards of our foresight and research.
Warren Buffet style :-)
GLA
'this could rise ten fold' - that's a good and valid opinion Zoom.
And that's probably just be then end of the Summer..... with future reserves and plans we'll be talking ten fold again on that!
GLA
Coming soon.
Trolls busy trying to keep a lid on the rise this morning I see. Ignore them like true investors do.
Do your own research like high value investors do and sit back and wait.
Potential is huge from here and in rising oil price market...could easily break $71 per barrel today and keep motoring.
Every dollar increase is a dollar increase in profit for UKOG.
They built the case for Turkey around $40-$50 per barrel....we'll soon be double that but the profit margin will be triple because costs are fixed below $20 per barrel.
GLA
Yes, looking forward to the next set of site pictures.
Should see equipment arriving and the site being built up ready for the drill.
That will interest the market further.
Loxley to play out in the coming months. Technically that's a slam dunk and will be easily funded my Turkish oil revenue...as will further Horse Hill wells into the Portland and Kimmeridge.
Loxley is green agenda gas and the plans for solar etc at Horse Hill further demonstrates UKOG plan to move with the times and build a strong long term business.
All set to build a mid-cap oil, gas and green energy company :-)
21.5% per day will do very nicely... and without news or update.
Should keep going this week on anticipation of the huge deal to come.
Way oversold down at this level but great to build a position below 1p :-)
GLA
21.5% per day will do very nicely... and without news or update.
Should keep going this week on anticipation of the huge deal to come.
Way oversold down at this level but great to build a position below 1p :-)
GLA
As I see it, Mr Sanderson is an oil man with expertise in drilling and delivering oil wells.
He has not got so much experience of running and finance a company....some may say obviously.
But he has chosen Turkey from all his years experience and now is the time he comes into his own.
Let's give him the chance to deliver his plan and why we invested.
It would be crazy not to let him have shot at delivering his plan.
Horse Hill was not his choice but Turkey is purely Sanderson. His life's work and experience has led him to this.
Let's see if we can all make a bit of cash investing in that life of experience and knowledge.
Good luck UKOG team and especially Mr Sanderson.
Keep drilling and carry on :-)
Topping up on this breather.... thanks traders :-)
Day traders taken their little slice and now expecting the investor demand to keep pushing this rise this afternoon and through the week.
We've seen it many times before on this and other shares.
They sit low for ages and then when the time is right...near rig arrive and new drills the market comes back.
OKOG's time is approaching :-)
Agreed, fair value should have us sitting at 3p awaiting Turkey results and then push north on a revaluation from there.
Should be a hot summer for UKOG shareholders :-)
and continuing through the afternoon and the week ahead.....0.5p by Friday anyone :-)