Member Info for TT1981

@Jwoz - nice work!

I think we could get a lot of money from UKOG back into this early next week. If it wasn’t for other stocks exploding at same time as recent updates from HE1 this would likely have been considerably higher by now. Such is AIM…

@Blastoid

NFA

DYOR

@Blastoid - unless you think this is all one big scam (which I very much doubt) then this seems like a good opportunity to average down. I guess you have to ask whether they seem confident at this stage… every update I’ve seen recently suggests that they are.

From earlier in the year:

Lorna Blaisse, Chief Executive Officer, commented:

"The initial results from the Itumbula West-1 well are very positive. We have encountered elevated helium shows, as the team had anticipated pre-drill, all the way to Basement. The wireline logs are the crucial next step in identifying which intervals we will test and sample for further evaluation.

This stock is a day traders paradise at the moment and will continue this way for the forseeable I'm afraid

Once again MMS are quoting me 1.3151p for ALL of my shares in one go. They want these ahead of next week! NO CHANCE! :-)

@brookieboy69 - Agreed! I also don't think they would have released that update today if they were doubtful of the following update being very positive. I think they've already had a very strong inclination of what we have "down there" for some time now... hence why they've proactively pushed ahead with future plans and partnerships post EWT.

I'm staggered this isn't closer to 2 right now tbh but it remains a fantastic opportunity for an entry point or a top up ahead of next week.

GL to all genuine and LTH!!!

Looks like this is set to tick up pretty soon… prob from 12pm onwards.

@london_ - "There is an air of professionalism and confidence"

Couldn't agree more. Also, It's pretty unusual, especially in AIM. The confidence displayed in every update , interaction and future planning scenarios being prepped for already are all particularly exciting.

Fantastic video update. No issues. Everything working as it should. Mike sounds upbeat and confident and they have on-site lab testing with them already.

Lovely stuff!

@Pearls - for SK to still suggest a chance of breaking even by end of year shows how much he must have lined up for Q4! However I do expect it to drop further before then hence why I’m trying to time by top up appropriately. I think if this hits 30s then I will be ready to dive back in.

For the first time in a while today the MMs were prepared to take all of my shares in one go which I can assure you is many millions... A good sign! It was also difficult to buy anything more than 100 pounds worth of shares for large sections of the day.

Do not let them get hold of your shares on the cheap.

Friday FOMO day or RNS first thing tomorrow morning? Either way, this is sitting perfectly for me right now.

@Sinitta - lol agreed. It's great to know he is committed. I'm trying to time my top up here... but might wait a bit longer as I think it's still got a bit to drop.

Looks good to me for another leg up this afternoon. Chance of RNS tomorrow or Monday prob 50/50 IMO

@london_ very risky business trying to trade this ahead of RNS' that could be released at any time (IMO)

@Sinitta - The biggest positive I took from it is that SK seems committed to staying. I'm sure he has been approached about "easier" opportunities elsewhere but does seem like he is fully committed to this. Him leaving would be disastrous.

Fair enough. I would just have expected a much higher initial return of profits on each ton of SC6, especially considering what it has taken to get to this point in time. I wonder if the costs associated with producing a ton will decrease over time. You would like to think so as they tweak and optimise the circuit on an ongoing basis.

Hopefully Spod prices increase along the way too, of course.

Can someone please check my understanding here... The gamble paying off at best will be approx. $100-200 profit a ton of SC6 (IF that grade can consistently be reached and filtered). That is a LOT of work for very small profit margins with a lot of risk attached along the way.

Am I missing something?

I am staggered that today's vague and quite desperate RNS has led to the SP rising so significantly (so far).... This is the reason why we have to write "do not drink the bleach" as instructions on the bottles...