Member Info for YorkshireLife

Bladesharp...

I hardly think the eyes on site "bend the truth" - they're human like all of us and try to gauge what's happening with stills and video and make assumptions based on the visual evidence available.

The point the critics seem to be missing here, is that "without them" we would be played mercilessly by the MM's - as we would have had no updates or news in weeks! As far as I can see, the SP is "at the very least" being partially supported here by their FREE efforts!

BE GRATEFUL that they are there offering info to shareholders. By all means debate the images - but don't shoot the messengers.

And NO... I do not know them personally, I'm not allied to them in any way, and live miles away in North Yorkshire... so happy to get news from the ground as and when available.

GL A :-)

Bhargav,

I agree with your premise. And I would argue that most fair minded people have no issue with "reasoned" argument - positive or negative. What they don't approve of however, is preaching, gloating, and constant negative bombardment by "SOME" posters on here who appear to enjoy the sound of their own voices a little too much.

If "those" posters have a point to make... one or two posts a day should be more than adequate - instead, by filling the BB with their rhetoric it seems they have either:

A) No life

or

B) An agenda

GL A "genuine" holders :-)

Two to one. The MM's won't be able to keep the SP down forever given blatantly "obvious" demand here.

Just more manipulation today... as usual!

Just how many people open brand new accounts on this BB specifically in order to TROLL!

Agenda perhaps... or mental illness... maybe both?

Here's a suggestion: Go get a life!

GL A "Genuine" LTH's :-)

Fair summary Starbright.

Factoring in the shared exploration and production costs that Solo would have had to contribute to on-going site work, if they had retained their holding in HH, I think taking an early profit and freeing funding for their on-going other campaigns was a wise move. A profit is a profit.

In business - if you fail to request a guaranteed deadline, it's very easy to stretch delivery of news from a third party legally... even though you probably "already" have a good idea what that news is very likely to be. It happens all the time...
Portland final figures would have / will be played by the MM's anyway... they will simply move the argument of success over to results at the Kim. UKOG know this... We will need all three results to be positive before we see anything like a consolidated re-rate and to see true value for shareholders.

IMHO.

Hi Starbright -

I think there may be a chance of a buy-out by a bigger company at some later stage and a consolidation makes perfect sense in this case. We already know that Solo for instance needed funds... perhaps the others too? They still all have some exposure and will benefit financially from any gain in SP.

Timing is everything in business and whilst UKOG are in control of drilling campaigns, they have the upper hand on other partners. Playing information close to their chest may have unnerved some of the partners too and made them more eager to reduce their direct exposure and also their shared costs associated with the drill campaign. Dragging out the news plays into UKOG's hands. Alba for instance also need further funding... will they be next to offer up their percentage if the silence drags on?

As a businessman with over thirty years experience myself I find it amusing how some people here say that news must be released as soon as available to shareholders. Stretching time-lines is easily achieved legally... especially where money is to be made and profits are at stake.

GL A :-)

Hold your hand up (honestly) if you haven't lost "any" money (temporarily) investing in AIM companies... Good grief... it goes with the territory!

I really can't see how banging on, and on, AND ON... about how bad the company is - will help you to recover your losses... in fact (despite many people's opinion to the contrary) it may just discourage a handful of potential new investors from taking a punt here - therefore prolonging your own agony.

So, looking on the positive side (as is in my nature):

"UK Oil & Gas PLC (London AIM: UKOG) announces that it has completed the acquisition of the 22% shareholding in Horse Hill Developments Ltd ("HHDL") from Gunsynd PLC, Primorus Investments PLC and Solo Oil PLC ("the Vendors")."

Can anyone explain why SS would have done this "unless" he had a very sound reason to expect excellent results here? Either he is barking mad, or else all is going quietly to plan here!

Let the story play out fully and who knows? maybe even Scandic will end up back in profit!

IMHO :-)

The Facts:

1) We already know "all" three layers flow - from past tests. Portland we know flows in commercial volume from the recent test (even if we haven't had final depletion numbers).

2) We know that UKOG have "very recently" bought out two further stake holders of HH in anticipation of those up and coming flow rates.

Seems to me that the likelihood of failure is therefore "considerably" de-risked...

SS must be as mad as a March Hare if this is not a success now!

Market playing games (as usual) hold your nerve and await news via official RNS.

GLA :-)

I am invested in several AIM companies and comment now and then on them on the BB.

I also follow quite a few more (either where I have been previously invested or am considering making a first investment) but I rarely comment on shares in which I am not invested, unless I can offer constructive advice "without" sounding condescending to those already knowledgeably invested.

The issue I have with trolls (we all know them by name!) is that they drool over every SP dip or crash, and seem to take genuine pleasure in the misfortune of other investors at such times. They also clearly fabricate time-lines - offering smug advice "after the event" whilst pretending they saw the news coming weeks or months before. They always "apparently" buy in at the lowest price and sell out at the highest peak, and really love to gloat each time they achieve this miracle!

Memory lapses on previous posts betray many, whilst a short fuse and inability to adhere to BB rules catches out many more.

It beggars belief that such cretins exist and flourish in our society, but I guess the world is home to all sorts!

I am greatful to LSE however, in that their new BB terms are fully and frequently policed, and the conversations here are infinitely better as a direct result.

GL A LTH's :-)

Quite obvious that the MM's are playing with news on both here. Encouraging traders to sell out of one and invest in the other in the hope of riding a spike before returning.
Watching the SP movements, it seems to me that whenever one company is flagged up as being first in line for production figures... the SP spikes, then drops back again and the other company is immediately flagged to be ahead for first RNS release.
I'm staying put. Both companies should benefit and both SP's should recover on news. Whichever Weald company you're in... sit tight and don't risk diluting your holding until the news we're all waiting for lands!

The MM's are milking the swing traders right now,

IMHO :-)

RC banned (yet again) obviously :-)

IQE: 3rd most shorted share according to:

on https://shorttracker.co.uk/companies/short trackers

Another 0.2% and we'll be number 2 and ahead of even Debenhams!!!!!!!

Shorting: Great way to destroy early stage company growth by starving new investment. Should be made illegal! :-(

RTC... Answers on a postcard:

A) Mental illness
B) Day Trader / Shorter
C) Attention Seeking
D) Fantasist
E) Combination of the above!

...and too many of your de-ramping posts too I.M.O

Good job admin have deleted so many of them ;-)

Certainly surprised that the SP is still being held down at this level - given the strong progress GGP have made this year across multiple projects. There again, many companies in this sector find themselves in the same holding pattern too.

Personally, I think the MM's are missing a trick with many resources companies right now.

A positive shift in sentiment across the sector would drive a phenomenal amount of investment activity and generate huge profits for them. After all: "Everyone" knows just how undervalued this market sector has been... and for how long. That there is terrific value in this market sector is surely without question after such a long time in the doldrums?

A sector re-rate is well overdue IMHO. Without it... sadly, we're stuck in the mud until significant partnership news lands.

For the record: I have been invested since 2016 and continue to trade 10% here and there, whilst growing the bulk of my investment for better longer term news which I have every confidence we will see in the not too distant future.

That's imminent in Aim language... Which usually translates as a reasonable wait! :-)

"This guy never gives up (DL) with his ramping he sails as close to the wind as is possible anything he is involved in is worrying..."

Just countering the MM SP manipulation & shorter negativity as far as I can see... nothing wrong with stating facts (makes a change from all the usual bull!)

Great appraisal Tiburn.

Although I have no direct industry experience, I am invested here and have been following a few companies in this market sector for the past couple of years. I remain invested and keep adding for the following reasons:

What we really need right now is a change in market sentiment (which although predicted by the brokers and wider press... is yet to fully materialise!) My guess is that a full re-rate on this sector is still a few months away and we will perhaps not see anything like true market valuations until 2019 at the earliest.

That said, I honestly believe that the big boys out there (Newmont / Rio etc...) are well aware of how undervalued company assets are within this sector right now. On this basis, it makes "perfect" business sense to invest sooner rather than later!

It would not surprise me, to see an out-of-the-blue offer for some, or all, of our prospects, given that we have such massive potential at such a low current valuation.

GL :-)

What would be a great feature:

once you filter one ... their multiple accounts are filtered at the same time. If they ever log-in again under a new account... these would automatically be filtered too...

Bliss!!!!!!!!!!!! :-)

Hi Rumple:

The financial authority overseeing AIM is paid for by the brokers and market makers and is NOT independent. Some countries have made illegal "naked shorting" for instance by the MM's. Not ours... they are happy for it to continue. They make a lot of money out of it at PI's expense! Naked shorting is known to be rife among mining stocks and is one of the reasons these stocks have been so undervalued for so long. Manipulation of the very worst kind IMHO.