Member Info for Wolfofsomewhere

I can only see last years?

Have been in this one for months now and have been wondering for ages why its so quiet. I work in the oil industry and don’t think i have ever come across a company with such a small mcap having an asset where one drill can bring in 20,000 bopd net to the company with a 95% COS. This sort of thing is usually reserved for the big boys, great bit of business by the board to pick up these assets when they did. For me this is a once in a lifetime opportunity, especially for those willing to hold until january!!!

Yes, that was the only slight disappointment for me, however they are still ahead of expectations for the tear and we still await well test results for Al-Jahraa 8 development well so the BOPD is only going to keep increasing.

Greg, they are reinvesting their profits to increase production. Most small companies raise funds to do this, we have the luxury of using existing cash flows.

Absolutely belting RNS, revenue is now over $10 million a half and Hibiscus payment could be made in this quarter putting another $2.85 m in the war chest.
Other positive news is there are a number of companies conducting evaluations into Jamaica if one of those attempts to strike a deal the share price will go exponential.

So undervalued this stock, cant wait to see the test results as i have feeling this could be another biggy, 40m of net pay is not to be sniffed at. Ash-3 had 27.5m of net pay and had a max flow rate of 6379 bopd. If this well has similar characteristics we could have over 8000 bopd coming out of this well. Happy days coming.

Seems we have a few nervous investors although have really no idea why unless its just a reaction the wider markets as a whole. As i am confident of the long term oil price and the profits uog are currently making i see no reason to be worried and have just bought 2 more tranches. As cash becomes freed up elsewhere i will be making more top ups. Always worth ensuring u have a decent investment in UOG as news on Jamiaca could make the stock explode.

Seems to be waking up this afternoon, wonder if there has been a leak about the drilling results.

There has been a constant drip seller which i believe started pre raise and was forward selling for the placing. Am hoping now that this could be the end of the forward selling, as is often the case that right at the end of the dump the share price has a final quick 10% drop as the last bits get pushed through. If am right the only way is up from here as normal trading resumes and people start buying in knowing the seller is out and drilling results are imminent.

Looks like more buys to me but with the buy price being below the mid price, all buys are showing as sells.

The incentive was the forward selling and the attached warrants.

With LC’s track record there must be a placing coming. All the signs are there, price been constantly falling, even when positive news comes out it gets sold into. I am out until the pacing which i suspect will be at 1p and allows for the forward selling over the last placing to be cleared. Then it allows the placing to take place and the guys who took part in the last placing now have twice the shares for the same investment. Easy win for those in the know.

One in a lifetime opportunity. This will bag on relisting due to the new company being valued so much higher.

Its certainly not immediate i can still trade

Knock mrex off the ask and we are away.

Bear, i think thats about to happen, order book just changed. All set for fireworks tomorrow, in anticipation for Monday RNS

Bear, i think thats about to happen. Order just changed

Latest RNS states they need to do an Optimisation study. This is just another opportunity for Leon to delay things even longer and probably raise more cash so he can pay his wages for a little longer. Very disappointed i must say.

If your looking near term rocket ships, surely COPL should be put in that category. UOG and COPL my current largest holdings. COPL has had a tainted past but it seems now with Atomic acquisition near completion things are about to change in a dramatic way.

Pl, am fully loaded here but with ii i can buy at 9.228 which is a more fair price. I cant buy many but if i was getting quoted what you were with current level 2 data i would refuse the trade also.