Member Info for Uggy100

Voted your post up as I agree to an extent. I hold shares in both & I have to say some UJO acolytes are just as bad. I can't understand this spat & care even less. We're all (on the WN front) in it so why the carp ?

luckyman, you seem to have gone from a huge fan to a deramper.

Cali updates will come when they come. As for the fundraising I am quite happy for S&S to continue to work on the best use of that capital. Sure we would all like more info from the US but it they can't do so right now & are busy with the wider portfolio I'm happy enough with that.

In short I'm happy to hold/add & we will get newsflow as & when it is appropriate to release it to the market.
If you think there are issues then don't add & top slice/sell, your choice but stop harping on. Do you not think that the liquid aspect of WN has changed everything & that they may have an awful lot more on their plate ?

Quite right Simon
As SW is on the Rathlin Board I'm guessing he has a pretty good idea of what funding they will be looking for tho!

They were just my thoughts Angela.

As to how good a deal they have pulled out of the bag ! I would expect further news this week on that plus, with a bit of luck, core sample results. Cali due too, overdue really but the information may have been kept back whilst placing negotiations were ongoing.

GLAH

Not sure I agree Angela. If we have 5 mil in the bank we have enough to cover current works. But as WN seems to be a potential monster & Rathlin may require more funding a placing should be highly value accretive for us. They need to prove up the reservoir with WN-B & that also gives us a free stab at the Cadeby formation which also excites me.
It was also nice to Hear DB at UJO complimenting Rathlin.
If there is a placing (& I think there will be one) I would expect it to be no lower than 1.1p with a substantial amount of info to follow in short order.

I reckon they'll try to prove up a bit more of the licence area first but if the price is right who knows.

For the benefit of Selfish McNimby I bought some UJO stock on thursday so don't bother trying to jump down my throat again ****.

If the rumours of a placing turn out to be true I would expect it to be immediately followed by RBD taking a further interest in Raithlin. All good in my book.

The previous resource estimate of 189bcf was based on data points taken from the first drill which had a few issues. Listening to SW & DB from UJO data points were far better across the board so I'd expect a much higher number going forward. Condensate or Oil for the liquids ? either way it's only going to make this project far more lucrative !
It seems UJO & Raithlin may need to raise funds for future drills, I wonder whether we'll be involved in providing some of that ?

Persimmon

How can you sell when you never had any shares in the first place.
As usual complete drivel from a serial wind up merchant & numpty.

Yeah right, like you hold shares in RBD.

And the ask comes back in at .80. So very annoying !

Tradinglad
Never heard so much rubbish in my life. Get back under the stone u crawled out from.

To be honest we have no idea on the flow rates at MS. Let's just wait & see what the flow tests reveal.

Depends on the sea ice, unlikely tho' imo.

Thanks very much Jinkar.

I can't find the bl00dy RNS !!!

Well I have to say Bluejay have walked right into this after an extremely poorly worded RNS again, why create confusion over the cash position just before the accounts are released in full ? Easy target for TW & co. Over the last few months I have become increasingly concerned about my investment in this Co.

Until such time as this interminably late PFS is completed it's difficult to see how the sp can noticeably improve. There is also the uncertainty that there may be issues with it ( I hope not).

I see our resident non holder & serial offender can;t stop himself from spouting rubbish.

It;s not a question of the price settling down. We seem to be blessed with a BOD who are completely incapable of delivering. So shabby it defies belief. Perhaps our glorious CEO should step up to the plate.