Member Info for Vernony

What Angus reports is almost the same sort of flow as HH did so it looks like there is an accumulation down there and a large one at that

Thoughts of insider spring to mind

Would have expected it on at least one of the KLs last week, but the dribbles of info we get suggests that they had technical problems. So it must be due very soon now

I suppose in the long run when they seek PP to go into production the planners will slap a maximum number of tankers per day. Somebody was speaking of 14,000 burls per day, that is 63 tankers full, I would hazard a guess that they will get pp for about 15 to 20 . It will not, therefore, be what could be produced, but what you are allowed to produce

Highly risky I would have thought trying to go short on a share worth only 1.95 and with an rns due. Sounds more like suicide to me :))

downhole - thanks speak check !

Guess work suggests that there is a delay 'probably" - that is not a fact just an assumption - to a download problem. If correct they ought to be able to correct that over the weekend then they're off again

It was canon capable of firing nuclear shells to a distance if 15 miles and was purchased from the Americans and used by the British forces of the Rhine in the 1960s Also know as the largest rolling roadblock in history

Lots of dire warnings in here today. I wonder sometimes if these people should ever buy shares at all ?

Sorry I misread your post it was written to appear that you were holding off until they reached a 1pps. bad English or bad tenses on your part !
As for your other comment, no come to think of it you do not appear to be too bright your self !

Well so much for studying the market then ! ? You are predicting that these shares will be sub 1p, with an RNS due anytime . Its not a normal tactic, but if you can make money out of it good luck !

UUUm Why are you reading it then ?

I have just put a comment on the snowflake website D or D pointing out that wind and tidal power are extracting natural energy from the established sources of the planet . Coal, Plastic, Petrol etc.. were all thought to be friendly when they were first put to use. So would extracting, say a couple of billion watts from the winds over Europe not have some effect elsewhere on the planet. It could say actually disturb the balance and we get even greater melt at the icecaps or 300 mph hurricanes where they once used to be only 150 mph. So the snowflakes may not be saving the planet at all, but making it a lot worse in the future !

We can only guess, but suggest it is a lot of people who were betting on an RNS for last week have become disappointed and their selling has triggered other sales. My bet is that we have reached the bottom of the teacup and it will recover a bit today onwards to the next RNS

We can only guess, but suggest it is a lot of people who were betting on an RNS for last week have become disappointed and their selling has triggered other sales. My bet is that we have reached the bottom of the teacup and it will recover a bit today onwards to the next RNS

Have faith IMO this share is acting as if it has with a life of its own. I don't know of any other share in AIM that has better prospects (well perhaps Angus Energy may have similar ones) yet the share is going down with a RNS imminent ?? ! If this comes off UKOG in the way that is expected to, (and there are very good indications that it may) then UKOG will have a licence to print money in the future

Has anybody worked out what the company would be worth assuming that there were a billion barrels down the hole

Yes you are right, if the assets they are buying are productive assets then eventually those assets will outweigh what they cost to buy and reflect in the SP. But, IMO it does make a share price consolidation very likely unless the SP can maintain a much higher price

Personally I don't normally approve of UKOG buying others out because it dilutes the shares for no advantage if the field is duff. However, in the case of HH, it seems pretty safe to bet that they have something of value, so buying bits more of it balances the dilution in shares. In theory there should be no dilution if all goes well. In fact, as time goes by, they will contribute to an enhancement of the SP

It is not tied to how much it costs to produce them. They have to be issued at certain stages, I imagine where something is afoot which materially changes the value or perceived value of the company. If they held onto those facts it would lead to accusations that insider dealing was taking place (i.e some people would be in an advantageous position v/v the general share holders) Lots of people would get to know who cannot be checked on. Management and workers at refineries, tanker drivers, delivery people, families of rig workers, local people . Logically, unless they have run into problems, then there should be an rns this week, or in the first half of next week