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Most of the climate warriors have never really studied it, they are generally speaking about the climate in their own lifetimes .Historically the oceans were up to 400 ft higher than they are today. Only 14,000 years ago the ice was more than a mile deep just North of london and if you wanted to see pollution then wind the clock back to pre 1960 when every house belches smoke and every factory and business . A haze was over every town of a winter's evening and black smoke pilloried into the sky above chimneys . Coal fired railway trains and still some ships . Not so long back but dendrcronolgy shows , during the Roman times things were warmer than they are to day .The truths are that the climate is cyclical, there is not nd there has never been an optimum temperature . The Earth has always and always will cycle between hot and cold . Ask the question , why should the output from the sun be stable , it probably mot isn't but the inmature University brain has zeroed in on the motor car .If anyone here can remember the winters of 1947 nd 1963 , then they are probably pleased that its not quite so cold as it used to be !
Funny how many experts on oil seem to be in here . Lets reminds ourselves that the oilies do employ 'competent persons and they pay a lot for them . They are not short of experts who are probaby even more qualified than the self proclaimed experts one often see in here .The facts are you can be expert as you like but until until they actually drill down then it is largely based upon what happened in similar circumstances elsewhere , plus signs . All of which can be wrong and are often wrong too. So proclaiming that one is an expert in oil to everybody has no bearing on the likely success of Pinova , its still guess work with a lot of indications that do not add much confidence to this adventure
They are insignificant, buys of £10 and probably up and above £3000 do not indicate insider knowledge or professional inspired buying .Overall it may turn it blue but it is the quality of buyers that counts not speculative buys used upon no new information
Oh that is funny the self proclaimed 'oil experts', what on earth are they doing in AIM ? The oil companies can call in more than 100 years of exploration experience and hire 'competent persons' by the sack full but none of them can actually predict accurately. They can only read signs , it takes a drill to go down to investigate the signs and only one in five of those explorations ever lead to commercial oil. And as UKOG has demonstrated there are risks with water too. So are we to be led to believe that Shell and BP and the rest sink millions into finding commercial deposits when all they had to do was to consult the experts in AIM ?
Oh I don't believe that .Without the last throw of the dice in Turkey then with HH1 in decline then UKOG would have folded ages ago but hope and upbeat .Of course I hope I am proved wrong but I understand the larger projectiles are more powerful and penetrate deeper into the target area. They may have done better to employ Merlin .Still without a fatal RNS there is always hope . As for salaries I think it is reasonable that they should have announced due to the lack of success they were going to halve BoD salaries until, or if, the situation improved .By not doing something to ease the financial burden they have attracted the suspicion of their shareholders .
I dont think we have to worry about the £100's to the 3/4 thousands , at higher numbers and the higher they are the worse because it speaks of someone with either expertise or somebody in the know rig workers , confidents etc
I take that they are wimps the people that slate each other off in here, anonymous , like pumping up somebody in a car going in the opposite direction , no danger involved ! Wouldn't dare do it face to face ! Anyway just had a thought that I like about this company, say for example Pinova came up with a good result. I think this may make UKOG the fasted growth share in history .Just in time for Christmas !
It has already failed from the point of view of those, like myself, invested when it as 11ps .Now, of course, even if they did hit the motherland in Turkey, production would probably be a couple years to come and more borrowing .Then they would not wish to keep that many shares on the market , they will consolidate. Normally, from what I have seen, consolidation is around 40:1 to 50:1 .That is 20 shares per thousand you own.I dont know if there are stock broking rules which will permit even higher figures but if there are I would suggest 100:1 would seem appropriate ?
I did complain once to LSE that imo ukog had failed to release information news about the reason for the delay southing the perforators (as per AIM rules) this was information vital to the SP because no news could be construed as failure and the BoD and anyone administratively connected to UKOG could benefit from being in a privileged position to buy or sell shares. based upon information with-held from general shareholders. We got an RNS about 7 days later, not sure if that was due to the complaint !