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The horizontal well has to flow more 1000b a day then the SP will rise and stabilize without that this will a day trader share selling for a point difference which is not worth my time unfortunately but people do it.
Seadoc
I understand how shorts work like borrowed stock getting sold with hope of buying back cheaper.
PI like me can only do it by writing off as a loss then buy back cheaper but its pointless to write off loss and buy back cheaper however I'm planning to do so when its 2p or more...
Should have sold at 1.90 in February then I could have bought back cheaper.
Unlikely as they have more knowledge that the spikes get sold off and people are left with massive losses.
I think the spike could be steady max 2p I think I would love 3p but dont think this will happen.
Today it went to 1.0250 and around 5m got sold off. Someone buys 1m and 5m gets sold off this way no chance there needs to be positive momentum this is ridiculous people who bought at maybe 0.94/95/97 ard selling of for few pennies it's crazy.
Last summer we had around 2.2bn shares over 3 days when we had around 4bn shares in issue to get to 2.95.
In 2017 700m to 800m were traded each day in that period now we barely get to 50m shares traded.
In February we had close to 300m over 2 days and close to 150m on day 1 to get to 1.92p.
Bottom line not many people interested without the rig as they know if you buy now this could easily drop before rig so I think everyone if there is anybody waiting to jump in.
FOTH kept saying UJO people will jump in I don't know about it but yesterday they traded 477m when 10bn are in issue.
Unless you see demand the MM are not going to increase the SP and people like me wont be selling at this price offer me 2p I will think about it for that we need buyers....not sellers.
Another thing people talk a out shorters I phoned a few brokers nobody gives this stock to short.....can anyone help me where can I get this to short.
Well it went up for half an hour and then back....until rig arrives nothing will happen here. We can all go to sleep and come back end of July could be still here.
I'm very annoyed and frustrated I can't tell you.
I'm ready to cut my losses at 2p just keep bloody waiting should have got rid at 1.90 in February could have bought back at 1p or less disaster.
Do we have any assets?
Going to vote postal not attending.
Nope I bought at 2.84p but it doesn't matter.
What happens happens. Sadly FLFL did not honour the original deal of 15p to make it 29.9% and changed into 2 tranches.
I have written this off mentally but will vote in favour get Biyani to pay.
Then he may take 100 years to pay. It's nearly impossible to take money from the Biyani's.
Good Luck
No where it will go trust me.
What is % chance this will be approved? With KOOVS anything is possible from 15p per share to this new 2 tranches its complete bullocks!
We are all underwater. The folks that dont hold any stock are not underwater.
They should go somewhere else and rot please dont come here. We dont need your dumb advice, opinions or suggestions.
Leave us alone and F off!
I think today is the day (rampers and derampers) like some dummies will say fill your boots or whatever as looking at the chart there is lot more buying than selling and you may not get sub 1p if this touches 1p today.
Remember last summer this will hoover around 1p to 1.15p before this rockets not long to wait just keep praying and keep faith.
I have sat on negative equity for past 12 months so looking at the crane we could be switching to KIM any time now and then prep will start for Portland and may have to wait for UJO like some suggested.
As long as the work carried out proper I dont mind delay as I have waited for 12 months add 1/2 months more.
RNS should come tomorrow or Monday not inside news that's just my gut feeling.
Good luck to the LTH and bad luck to non holders and time wasters!
Sadly lot of shares been dumped by holders at loss causing SP drop but not to worry. I'm expecting RNS on Friday or Monday as we should cross 50000b of oil tomorrow.
Just keep patience I know the stock keeps dropping but once the rig arrives or date confirmation we should be at least 2p regardless what people believe here.
Just keep praying hopefully the day will come when we get our money back.
Sage
Without this money SS wont get paid for next 6 months plus other cronies like FOTH on maybe UKOG payroll.
Who sits outside taking pics not getting paid? That has kept this SP st 1p otherwise with zero daily updates this would have been 0.000001p and I would have passed away with heart attack.
V
We have more chance of getting No Deal Brexit but NO CHANCE of any decent organization to come and take over the billion shares.
I was delusional to think HSBC & BARCLAYS owned shares however they were nominee shares which I understood thanks to LSE here.
If I was a betting man I would put money on SS helping us get to TRILLION shares first than a powerhouse taking a stake in UKOG.