RE: will be adding more this week14 Aug 2019 23:28
UKOG - £64 million ANGS -£6 million, 1000 objections from Surrey County Council from the Nimbys for the extra wells there. Tellurion not interested in Horse Hill, sold out. SS forced into making the dream come true as every other investor walks away *Solo, Dor, Eog, Prim... They paid £12m for a 35% stake in Horse Hill, but really they were forced too I bet as Tellurian said no way.
RE: will be adding more this week14 Aug 2019 23:18
No way is Sanderson going to let PIs benefit themselves above securing his own fat salary. The King of Dilution Stephen Sanderson, he has no shares, he uses the overpriced market cap. to continuously raise money from issue of equity thanks to extradited Lenigas/
RE: will be adding more this week14 Aug 2019 23:10
So many derampers posting even at the all time low. Very suspicious. The company has cash, it has guaranteed cash producing assets in Saltfleetby and Balcombe. UKOG is worth less on paper than Angus' assets.
Yes, despite Sefton's ramps here and on WideCells, now Iconic Labs, the smart investor will wait here for the rig to actually turn up at Tilapia and for the spud to be announced, unfortunately, the reality of trying to get in before the herd has failed miserably thanks to Sefton's BS and change of plans from Mengo to Djeno.
Is there time for one more bounce before the inevitable massive dilution? October is a while off yet. Neset Kockar's still holding 8%, should have sold at 12p. *** Since this announcement, Thomas Cook has made significant progress towards finalising the key transaction terms of the recapitalisation with Fosun, the Group's core lending banks and subsequently with noteholders representing approximately 50 per cent of the Company's 2022 and 2023 senior notes. *** Existing shareholders are therefore expected to be significantly diluted as part of the recapitalisation, although they may be given the opportunity to participate in the recapitalisation on terms to be agreed between among others, the Company, Fosun, and the converting financial creditors. The Group expects to implement the recapitalisation in early October 2019.
Yeah, stop trying to scare off PIs from investing here at the all time lows, it's a great buy at this price. £6.5 million market cap. with cash for Balcombe and Saltfleetby already in the bank with the £2.5 million just for Saltfleetby.
I don't believe HSBC would take this long to process a money transaction from Chinese investors. It was first announced in early July. 'Due to delays associated with internal transaction processing with their investors, APEC have formally requested a further extension of time for the payment of the initial US$ 9 million loan. EXOLA and Lansdowne have agreed to this further extension of the backstop date to no later than July 5, 2019. '
Yes, TYM have appealed but don't know when the decision is - 'The Company, together with its Swedish Lawyers, has prepared and submitted, on the 3 May 2019, a detailed appeal to the Swedish government against the decision by the Swedish Mining Inspectorate to reject Tertiary's Exploitation (Mine) Permit in its current form'
The minimum 227,772 shares will be allowed to be sold daily even if trade volumes are low. No demand from buyers for the shares will see the SP fall. The daily volume needs to be over 1.1 million to sell more than the minimum. ie. 400,000 ISA shares can be sold if the daily volume of trades is 2 million or 20%
ISA shares will start being sold 30 days from admission on 22nd July, I make that next Tuesday when they will start selling the shares to raise cash. Only 99.99% of the daily volume can be sold each day. *** In particular, the Investors have covenanted with the Company not to trade such number of Ordinary Shares as is the greater of (i) 19.99% of the daily traded volume of the Ordinary Shares; or (ii) 227,772 Ordinary Shares (being 1/20th of the Minimum Monthly Shares).
Tiptop - "we are now fully funded to go for the big Djeno prize" - I don't think so. Why then is the Investor Sharing (ISA) Agreement taking place then to try and raise £5.6 million? *** Risk and Rationale As explained above, the Company will not receive the full value of the Returned ISA Proceeds if the One Month VWAP is below the Benchmark Price and there is therefore no guarantee to the amount, if any, that the Company will receive.