Member Info for wizard125

Cont.

The directors imo. opinion have a responsibility to either communicate effectively or take responsible action.
I am not a Angus shareholder but I have to take my hat off to George Lucan who responded directly to a poster on the LSE board who was bringing the company into disrepute leaving no doubt that if it continued that the company would take action to protect it's directors & the companies reputation.

FOTH

https://mobile.twitter.com/Adrianwfire/status/1265230904621969408

So you say you had a deal about going onsite with the ops's manager but that chat changed after SS received his bonus.

Well I think that just about explain the reason why!

I don't think that the problem was SS getting his bonus.

I think the problem was your reaction to it?

I have to say that imo. the way you have behaviour has been a total discrase & as if you think you run the company so no wader you were not allowed on site.

Your behavior is almost as if you can blackmail the company. I am glad this is all out in the open.

The reality imo. is that although you have helped investors over many years with you pictures at the moment it has become disruptive to the company & to investors.

You conduct certainly can not be described as constructive more that of a spoilt child who does not get his way.

I have posted twice some of the reasons that I believe SS received the bonus & will do again. I believe in future that the renumeration committee should ensure that any bonus & the timings of the announcement should be more considered & that they should be at a beneficial time with rewards for directors & shareholders.

I say this with the understanding of the difficult & very likely medium term beneficial decision to buy Tellurians 35% stake as it seems to bring tensions & ill feeling between the company, shareholder & the directors.

To explain we are coming to a point at the AGM where the directors are requesting the support of shareholders, which it is most likely is in shareholders best interests to continue to follow the path that they are on but let's hope the lack of communication & shareholder value creation does not backfire for which the directors hold the responsibility for there own fate & that of the company in which shareholders invest as despite previous promises the situation has not greatly improved.

This appears to be part of the companies legal responsibilities & duty of care for shareholders. I strongly suggest that apart from all the great plans that Mr Sanderson has that he is reigned in far enough to meet the companies corporate responsibilities to it's shareholders. Maybe the directors should make time for shareholder consultations & question & answer sessions on a quarterly or monthly basis. This should form part of the role & responsibilities of the directors as it seems to be a weakness in which Angus are currently leading the way. At the moment it feels as if shareholders are only being used for a purpose without seeing rewards.

I understand the disruption & delays caused by the regulations, planning, coronavirus & the oil price colapse, but the directors have failed to instill the confidence into many holders as if they read this board on occasion the would see the sentiment issues exasterbated by the trolls peddling there lies.

The directors imo. opinion have a responsibility to either communicate effectivel

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The fool on the hill
@Adrianwfire
#ukog I'm the best Eyes on #Horsehill.

Always have been. Pete and Tony are never at HH. JR and John. Yea

I'm the best . I tell the truth.I'll have SS if he doesn't perform. I won't lick the ****s arse like JR.

Follow me if you want live updates and the truth from #Horsehill,

.............
Foth

I think you have taken your eye off the ball & missed lots lately.

Making Fool news is unreliable news.

Stay tuned for the original and best eyes for the reliable & true news.

Read the RNS & the real fact there not some emotional short term baloney from the fire extinguisher pressure tester.

As any realist knows a purchase of a 35% stake in a licence can be painfully but SS knows the underlying value & will make UKOG pay dividends this may not be a short term play but anything worthwhile is worth the wait which traders are not prepared to do.

All good thing's come to those who wait!

Gl to the patient.

Heid

Do you really believe that Wressle will be in production by October?

I know that UJO have had to wait for the planning inspector but I think you may need a little more patience as October is very optimistic

StoneFold

Great news about the IOW branch lines reopening.

Someone on twitter should share this with UKOG.

betterupthandown

Is that the Angus who are down from 13p per share?

Is th

Exploration

We will see but UKOG does hold a valid PEDL licence for the IOW issued by the OGA & the last planning refusal that went to the planning inspector cost the council £403,000.00.

LONGWAIT

Where are you now & what have you got to say now Hurricane currently down 36% this morning?

Plenty to say yesterday!

Come back in 2 years & tell me again once reality has hit!

Long wait

The reality is that the market does not believe you.

If the market believed Hurricane will be that price in 2 years it would being bought now at this discount price by investors but obviously it is not.

The market is buying UKOG as following this price discount it will receive a extra 69% of any revenue & value from the HH licences.

Ukog share volume 55.3 million
Hurricane share volume 10,669,309

Long wait

Come back in 2 years & tell me the same thing if there still around?

Mirasol

Do you think they furloughed themselves as we have not heard anything?

Brent Crude 36.88 +1.13

But

Ukog still has not lost £1.2 billion off it's market cap or got the debts to repay that Hurricane has.

Just think how many new shares that will create & at what price. Definitely less than UKOG when that happens.

Ironhide
I know that it isn't very transparent at the moment but SS comments before buying Tellurians 35% holding were that it would equate to a 69% rise on would be revenues.

If they had raised the money by a placing at 0.85p I think we would be in a better place right now but nobody saw the coronavirus effects that we currently have on top of the CLN.

It will pass & better times will come.

Ironhide

It is interesting to note from there comments how much research & what they really know about UKOG & what they are doing.

Had they not been so shallow they would have considered that UKOG could only credit oil sales to revenue since they started into production in April.

That means none of the oil sales from the HH, EWT over the 12 month period will be calculated into that figure.

Interim figures will not either but by the time the full year figures are released revenues & production should have picked up significantly from this low point.

The other consideration is that UKOG will now receive 86% of the oil revenues & net asset value from Horse Hill not the 20% it would have done 5 years ago.

More Backwoods trash?

Hollybean

A share consolidation would only change the share price as it is on like a cosmetic procedure.

It leaves the market cap unchanged so has no real benefit & would be an additional when we don't need any more.

Brent Crude 36.66 +0.91 +2.55%

Going the right way.

Ironhide

How can they be priced onto the share price untill the CPR is issued to give the value & SS specifically excluded any value for the Kimmeridge when UKOG became a operating company so it will hold a 100% value upside imo.