Member Info for Yanis2005

What is the point of being concerned about the Esso pipeline? Let us find the oil first? Let us start HH EWT to find the oil ... then find a way to transport it. There will be plenty of time between finding it and going to production to work out how to transport it. As things stand, according to the CPR report is only 21 million barrels of oil (two days worth of Saudi Arabian production), it can be tankered out.

2.2 Director Interests UKOG have informed Xodus that no UKOG director, Competent Persons or promoter has any direct or indirect interest in any of the company�s assets. Extract from the CPR report - Why? Before you shout troll or deramper, I am a shareholder deeply under water. ****ed off with the issue of yesterdays incomplete CPR report. Is about time the UKOG BOD came up with something positive for once! HH EWT is severely delayed - this is what yesterdays RNS should have been about.

Issuing that report is the biggest self harm ever ...

I am puzzled by yesterdays RNS - why was an incomplete CPR report issued? I do not buy the statement in the RNS that is for re-admission to AIM as an operating company. Why not wait for the HH EWT and significantly add to the UKOG resources. Where are the 100 billion barrels in the Weald ... the resources of National Significance ... Where are they? Why not wait for HH EWT before issuing the CPR report? Why now? Why now with a pittiful 21 million barrels of oil? Operating company wiith 21 million barrrels recoverable resources? Saudi Arabia can pump this out in 2 days ... Yes just two days! Operating Company with this resource? Really? There hasn�t been a good RNS for a very long time now. Is time to hear about OGA approval and commencement of HH EWT.

IMO, the bounce off 3p resistance is overdone. We should finish above 2.63 today, hopefully. GLA.

Thanks Eddie, I read that. But why now? Why before HH EWT?

I am puzzled by it, cannot understand why it was issued. Can anybody shine any light as to the reason for issuing an incomplete CPR report?

A few days ago, the idea of trading below the issue price would have been unthinkable. It is very frustratiting that this share is been trading below 0.3p for the last 3 days and now looks comfortable staying there. The pathetic UKOG RNS and the CPR report yesterday has shuttered sentiment. All of the Weald oilers SP is suffering. Is hard to see what the UKOG BOD is up to, why they did it. That RNS was completely unnecessary, it did not have to be issued now because evaluation of the Weald oil reserves has not been completed yet. At BB UKOG would not announce anything because testing was not completed, now before completion they issue an incomplete report. Talk of 100 billion barrels of oil in the Weald ... issue of national significance ... and here comes a CPR that shows the UKOG recoverable resources at 21 million barrels of oil ... Saudi Arabia can pump that out in 2 days! Why RNS this pathetic figure? National significance? Have been addressing UKOG because we are joined at the hips, for now. All Weald oilers SPs have dropped after the RNS, and the pressure is now downwards. The big oil is in the untested Kimmeridge. The HH EWT is what everybody is waiting for. We should have had an RNS on OGA approval and commencement of the now severely delayed testing. Instead we got that stupid RNS yesterday. Yes, where is the ALBA RNS? Long overdue.

Is past lunchtime and practically no trades, only about 25,000 shares traded so far. No more sellers at this level, should be getting ready for lift off. Where is everyone gone?

12346, I read the Mining Projects Update, 2nd May 2018, RNS and did not see a plan in it. Maybe I am missing something? Would you be kind enough to point where in the RNS it states an estimated date for obtaining TBS JORG? And where in the RNS it states an estimated date for completion of the conceptual studies for Amitsoq? Date of first exploration drill? Thanks.

Mrnaddy, fully agree with that. We are indeed at rock bottom now and the HH events will drive the SP up. But let�s have feet on the ground, if TBS JORG, or something substantial on graphite or gold, doesn�t come before the next cash call we will very likely be down here again. I hope not. I do wish the BOD will come up with some kind of development plan with dates.

OGA approval is the key. SP not likely to move until the approval is received. When approval arrives the SP will very likely shoot up immediately, eating up the rest of the placing shares in the process. OGA should eventually appriove this test. I wish the BOD will let us know where we are in this approval process, but judging from past history they are not likely to do that. Patience is our only option. Let��s just sit tight and wait.

Most of the aim companies don�t bother to answer PI questions and quite a lot of them do miss deadlines. MPL is not unique in this. There may be an issue with the customs approval, but it should come eventually. There are lots of big guns invested in this share (see link) and I am siding with them. http://www.mercpl.com/article/shareholder-information/7

Hi Rambo23, very good explanation thank you. IMO this is very positive for us, the odds are for the SP rising. Bought another million at 0.3 yesterday, as I believe that we must be at the bottom now. Excellent explanation of why Spreadex bought the shares, you must be very experienced in these matters :).

If you look on the TR-1 form, Rows no 7, Resulting situation ... 7.68% Position of previous ... blank They went straight from zero holding to 7.68%.

SPREADEX LTD 218,666,666 shares equivalent to 7.68% Date threshold was crossed 10/5/2018 Date issuer was notified 23/5/2018 Something doesn�t add up. If they got that many shares, how come we are down at 0.3?

They want their 10%++, last conversion 1.272p add 10% it makes it 1.4p. That is where the last few conversions have been and why 1.4 is become a strong support.

Hardy lol, may be that is what is holding up!

Hopefully customs approval will be in the next RNS.

Should not be long before flow test starting.