Member Info for warrantwatcher

Theres a short podcast out this evening from Justin , it's a teaser for a video that will come out over the weekend which he states there is some new news in, that should help keep the momentum up

you're assuming that he is still holding them ?

LuckyStar, thanks for such an informed & incisive post, really have excelled for your 1st post on this board

LT,

Well done for running a successful business for 40 years, that is some achievement in the current climate and what you choose to do with the gains are clearly your choice. But I do think that when you post something that states your belief "maintaining the patience to see my investment in NUOG rewarded ................ and quite soon too I believe! " you leave yourself exposed.

You hold a large position and previously held " insider ' status & have had dialogue with Minty directly, one assumes ' off the record ' therefore some people will take your views based on your history & assume that the view is based on you being given the ' nod & wink ' which we all know Minty has utilised for many years.

If you are deducing that we are seeing progress " quite soon " and this is based on the recent RNS's & the tweets off the back of the Siemans client event yesterday then personally I don't take the comments too seriously. As you know previously we have seen a flurry of tweets about many other areas of the business that haven't been followed up, this could be the case here ?

Like you I haven't sold a single share & have an average above where we sit today, which is painful after being handsomely up on my investment previously. However unlike others on here I don't carry a chip on my shoulder, I pressed the buy button based on my research & the story and I knew the risk & the history when I did so, I'm content to let the story play out. But what has happened here has been exaggerated by people continually making claims that something is happening very soon & then nothing, I recall you being very confident that we would see deals announced before your daughters wedding, by my recollection maybe the deal will be an anniversary present ?

The only source of information about a deal that I will take any comfort from will be via the official channels, until then I do hope the continual back & forth on timings based on speculation stops, as all it creates is false expectations that when they aren't delivered creates negativity.

After all we have 1 head in the business who's main role is share holder communications, I gather he spends most of his day responding to PI's, I'd rather they are left alone to focus on closing business.

Ironic that should Hogan pop up on the URU placing then that would send the SP further down !

I think that if you go back through the history on this BB Amnesic has updated a pretty solid account of the amount in sticky hands & how pragmatic he has been in his calculations.

There is a significant amount that are very tightly held, from last year highs so can't see their grip on the golden tickets being released anytime soon at all. We've seen evidence of this in the past as it moves on very little volume.

There is so much news due on 3 fronts in the coming days / weeks I would expect us to move very soon

Can you imagine what Royscot would do with his life if/when news does come, what will he have to worry about all his waking hours ?

Jono, interesting that the day that MRS gets the vote through they release an update on URU after month of silence, whats more interesting is that they are saying there that they need circa £1m to develop Zeb........ all sounds rather convenient ?

I am pretty sure that the approach they have used is that pre the premium raise their buy in was massively lower, then with the rise they will have sold into it to fund their purchase in the premium raise, then more than likely they will have shorted it through the decline.

All done behind the veil of anonymity with the regulators ( joke ) being in the UK, the business being in South Africa, office in Canada & the individuals using a business listed in Cyprus

All of this is just a gut feel that I have on how JZ & crew have benefitted from the rise & fall in SP

Trouble is that even if Zorbas can convince someone else other than PI's to raise the cash do you trust him with it being spent in the right way, look at what he's promised to do in the past & then what he has actually done ? then look at how wisely he has spent the MRS money ??

Invest & hold with caution

I wonder if the next collection of figures is a Games of Thrones set ?

So it looks like we have Codemasters well aligned to us, I wonder if the next studio to cotton on to BIDS would be EA Sports ?

BIDS already has inventory ( companies wanting to advertise ) called DSP ( Demand Side Platforms ) worth taking a look at this to fully understand it all

https://digiday.com/media/wtf-demand-side-platform

Its an old article but really explains the high level technology

Call me a cynic but how much did MRS pay for the Drone made in a kitchen ?

I am sure that will have flowed through to Cyprus some how, then via some investment vehicle based in Cyprus they take a major slug of the upcoming placement, maybe even at a premium ? sound familiar ?

Grid is one of the biggest titles across all platforms, and yes the Bids agreement means that we will market the available space using the automated DSP technology

This is great news

I would say that we are pretty much in the sweet spot for the Oil & Gas Authority to release news on the North Sea License as last year they announced on the 23rd and the last few years its been released before the end of May.

Could be a nice Wednesday or Thursday RNS

I am pretty sure that even by URU standards they can't have uploaded the presentation by mistake, therefore there must have been something in there that was incorrect, just a question of what it was, I guess we will find out once the next version is uploaded and then see what was missing / was added ?

I would also raise the question why have they updated the presentation as it must be for some specific purpose, especially as we all know that JZ doesn't do anything that he doesn't have to !

Without wanting to piss on anyones fire it looks very similar to the presentation given 2 years ago at the O2, just a couple of changes, the concern that I have is that at that event the lady ( I can't recall her name ) has been on Zeb since the 1st drill, she appears to have vanished, also the Russian fella that was the leaching expert that massively reduced the Capex has also seemed to have moved on.

The cynic in me says this is the start of the pump here before cash raising as his MRS toy is in the process of being taken away from him

Some interesting movements in the SP this afternoon with the MM making it hard to buy, I know there is a core of very sticky holders that are moping up at these levels, this means that when the news that we are all expecting starts to flow the re-rate could be quite aggressive

Really has been a pathetic last 6 months for the business in terms of SP performance, just hope it starts to recover soon