Clean Burning Hydrogen4 Mar 2021 10:54
What an oil and gas company making a green product... whatever next!
Looks like they could be rolling the trucks by the end of the year according to the latest schedule and hearing dates.
"As per the Company's release of 9th February 2020, UKOG's wholly owned Loxley project, located in licence PEDL234, centres upon appraising the second largest undeveloped gas accumulation discovered and flow tested in the UK onshore. If successful, the Company plans to use the gas as a feedstock for reformulation into clean burning hydrogen with the energy capacity to power around 200,000 homes per year."
So I guess a jump back to 0.5p just based on Loxley is likely at some point this year.
0.13p looks like quite a good investment then.
Even more so with Horse Hill and Resan development to continue.
Either way the share is very oversold and sitting tight and/or topping up is the way to go IMHO! :-)