Member Info for Vernony

As bets go this is probably one of the most attractive bets in AIM at the moment, but for some reason the public seem to have lost faith in UKOG. Perhaps the hype over BB (Remember 1400 ft of oil bearing strata !) turned out to just about yield back up the hole what had been put down the hole. But, the hype for this has been, all but, proved right

Quote A simultaneous pressure data recorded in overlying KL4 is indicative that KL3 and KL4 are a single connected oil pool with an implied minimum vertical extent of 358 ft Unquote. If so we don't need the 50 ewt of KL4 we know it !

Seems to be a resistance point we keep coming back to it, a preset sell point maybe ?

Wasn't there a buy of 4.5m at close yesterday too ? , could be linked ?

The previous two RNS's were sufficient, there is something odd going on here with this share

Portland has been tested and has been declared commercial.

KL3 and KL4 are said to be interconnected, if so we have the results inc the EWT for both of them already. It is almost certain that KL3 and KL4 will be declared commercial. So it seems to have little to do with the viability of UKOG HH but a lack of interest !

Yep and they have to advertise cheaply on the internet in forums ! Have they filed a Company report ?

Re my earlier post. They are not permitted to delay results . If they have them then they have to publish them. The alternative is that they could be guilty of share manipulation and fined by AIM

From time to time some contributors express a theory that the Company are with-holding information, usually so it can be tied to another event, or that a delay in announcing it may be advantageous. Here is the info here on what a company must tell its share-holders especially in paragraph 2 'Disclosure'
https://www.mainmarketaimguide.com/continuingobligations/aimcompanies

I think they are a figment of imagination in here along with most references to professional stock market trading practices. I think we saw late yesterday people betting on an RNS this morning and when that did not happen they sold

Its being quoted at 1.98 at the moment, so it has broken through the 1.925 at last

It seems to be stuck on two figures 1.875 and 1.97 and goes from to the other on a daily basis

Well he has tested the KL3 already but it is acedemic now because his last RNS suggested that KL3 and KL4 are interconnected. In the event then we already know the flow rate of K4, it is the same a K3 depending upon the choke used, of course. I don't think that the BoD can hold up results (by that I mean with-hold results) because these results materially reflect the value of the company. Meantime, there would be people that do know such as contractors etc. Who maybe sworn to secrecy, but there is is always a mate or an uncle who can buy shares for them ! So SS has to keep to the schedule of testing and announce the results as and when , or it would be subject to share manipulation

It is incredulous that somebody into stocks and shares should complain about a Tory government. Dealing in shares is the top end of capitalism and people are buy and selling the efforts of the oppressed poor working people is their usual bleat. Of course Boyzee, if you are not in this for yourself then obviously you intend to settle any profits on the Tory oppressed poor people of the land ?Thing is that the poor oppressed people of the world tend to become good capitalists overnight if they win a significant amount on the lotto, for example, indeed most people are latent capitalists but have not yet figured out how to become one

I don 't why the hurry to get austerity over, lets get the debt down. Presently the country owes 1.7 trillion £s, most of it the debt from the last Labour government. Of the moment it costs the country
c. £50, 000,000,000 a year in interest payments alone to service the debt. I am afraid that Mr Corbyn sounds irresponsible in his utterances. Under his leadership it would appear that we could end up paying £100,000,000,000 in interest payments and eventually lenders would conclude that the UK was a bad investment and not lend to us at all. We need to about half the present debt to bring us into line with other countries borrowing. I am afraid that the back of a fag packet calculations of the Labour Party will make things worse. Indeed, since the war no Labour government has left office with the UK being better off than when they came to power, mostly they have just ranked up more debt

It went up to 11pps for BB before they had even produced an egg cup of oil. Yet this with just about as good a certainty as you can get at the exploration stage really ought at this stage with an RNS probably half written be straining at the bit around 3-4 pps . Did BB put them off ?

If they are selling then it is not because of doubt over HH, it will be because they have other irons in the fire and they must be pretty good to ignore the fact that these shares ought to be worth at least 50% higher shortly and absurdly higher in 2 years time

Insults in general by people on internet who you have never met, nor ever likely to meet and have no address are hardly 'men'. So don't worry about it, they are just little human non events of no significance, effectively they have self classified themselves as whimps

Lots of things to read into that Mark, big news coming out being one, although I doubt that he can cash his options right away. A take over in the offing could be another one which will bump the shares. My daydream on that is 3 to 5 pence per share. Let me see, where is my calculator :))

We are heading for our old favourite of 1.975, seems to be a sticking point :((