Thx for the reply Oktane.
Will we ever get back to 2p. That is around my breakeven. Only sensible reasoned replies pls. I'm more than happy to hear both sides of the argument (that's what BB's are meant for) but pls no guff. Anyway, hope everyone is well, stay safe, all the best, Welsh.
Hi AK. I believe (someone please correct me if i'm wrong) that a TR-1 is needed when someone takes a 3% stake in the company. By my calcs, with 68 Million shares in issue, that would require the holding to be 2,040,000 shares for a TR-1 to be issued. They also tend to be posted a few days after the threshold has been breached. All the best, Welsh
Why is the UK price for NCYT ahead of the French price today? They pretty much mirror each other every day, but not today. Any reasonable explanations pls? Cheers Welsh
Suspension?
Hold your nerve & your shares! Good luck everyone. Welsh
Thx Mark & Rich Ken for the replies. Have a good w'end both. All the best Welsh.
Hi Wolf. Thx for reply. So using your figure of 500 Million MCAP to be able to move to FTSE. That would mean a share price of £7.35??? If my math is correct (not sure it is) and we do reach this share price, does the switch happen automatically or by some other process? Cheers Welsh
Good morning all. What Market Cap would we have to reach to leave Aim and be admitted to FTSE please? Cheers Welsh
Hi all. Why we struggling to break £2.50? Thought we'd have been closer to £3 than £2.50 I'm guessing some are selling, but is there anything else holding us back? Would like to see £3 before the nxt Sales update. Good luck everyone. Welsh
Everyone just please calm down. Nothing has changed. Yes we've found out SS and his cronies have been dipping their hands into the pot more than they should be, but the fundamentals of the business are the same as yesterday. Wait for the HH2-z update. Wait for the Dual completion of HH1. Wait for the CPR. Wait for YA shares to be entered to market, dumped and cleared. I'm massively underwater here like most i'd imagine, but there are still positives to come I believe. Oil price will obviously come back at some point too! Keep the faith, stay safe, all the best, Welsh.
Maybe we are upping the rates to buyout ALBA for cash instead of issuing more shares. Stay safe everyone. Welsh
When can YA convert again please? Great ending to the week. Fingers crossed we get the water fix sorted and keep on moving up clearing the stock overhangs along the way. Keep the faith. Have a good weekend all. Welsh.
Granted Seadoc, but if you were a genuine investor, you would mention we are waiting on an updated CPR! You too like Mirasol are disingenuous, you only post negative facts! I wonder why? All the best to you and your agenda. Regards Welsh
Hi Mirasol. Aren't oil companies valued by not only what they are producing, but what proven reserves they have in the ground? You are being disingenuous basing whether UKOG can be a mid cap Oiler based on just production figures. Wait for the updated CPR at HH please before posting pie in the sky estimates. Cheers Welsh.
Was the tanker in today (Sat) picking up oil do we know? (Hope so) or was it waste? Cheers Welsh
Thx for replying Norfork. If we need a rig, that's fine. I would just like know like many others I'm guessing. It obviously has implications on a time and monetary front potentially. Hopefully next week things may become clearer which way we are heading. All the best Welsh.
With all the kit that has gone into site this week, do we definitely need a rig to complete works on HH2-z? Or are there other options? Trolls need not reply, just genuine investors who can give respectable credible ones pls? Cheers Welsh
Why is everyone getting 'excited' every day about the Big sells that are occurring? We know they are going to happen, so just except it. This isn't sentiment selling, it's necessity selling by YA & Telleriun. Take it as a positive people. The quicker they sell the shares, the less resistance there will be when we do finally get positive news from SS. Good luck all, filter and report the noise. Keep the faith, Welsh.
Sorry Martyn, didn't see the UT to the side. Cheers Welsh.