Member Info for ziquarat

Hooking up gas to the national grid, yes, makes sense, but may take a few years. it needs to be cleaned and dried, trace water and condensate removed, mercury removed, CO2 removed, hydrogen sulphide removed, cant have too much oxygen in it or carbon monoxide. All of these removal skids, scavengers and filters cost money and take time to test and accept. the rules are very stringent, as ive recently found out.

strikes dont last long. usually pay related and sorted within 4 working days. thats how it works in norway. all very amicable.

Norway has plenty of gas. im working on one project now that will supply 5 million UK homes with norwegian gas for the next 5 years, from one small gas field. Norway has more gas than it knows what to do with and a whole section of the norwegian sea that is banned from exploration for the moment.

Getting there, this only has to 4 bag from here for me to break even..... c'mon, keep going.

Its a difficult one. if you removed the UK from the planet, the earth would be better off by about 1.48% of the global carbon footprint. meantime angola and nigeria flare off as mush gas in one week, as we use both domestically and industrially. I wont even mention Australia, China, south america, poland.... oh, hang on...i just did

Youre in a little deeper than me Echo1, i have 300k at 0.75, though, i to would be quite happy with your position.
i think we will be fine, i think this is going places.
that said, i do expect another equity raise within the next 6 months. There is a track record for it, BUT, that said, we have recovered 11 diamonds, in the rarest way possible, so, im feeling quite good.

GLA

Im with you, been in this for a while. we are STILL 15% down since consolidation 9 months ago. It is a little frustrating.

MM’s stopping this from being sold..... or deterring people from a quick buy and sell....so, day traders are out. Either way, this has to be a strong buy

You'll know when this gets good, because this forum, this board, will be filled with comments from people who have never commented on here before. good and bad. we can just sit back and smile inwardly.

To me, the RNS is not a bad thing. issue of options but they cannot be excercised until certain market conditions ar reached, 1, 2 and 3 year intervals and a price over 2.5 pence. ok, this will be at a 29% premium to the holder, but, if the market cap is climbing, why would the holders cash in early? i think this is very positive and as someone alluded to earlier, bring on the 5p party.

hahahahahaha, ok, Mr James, youre correct it could be any sort of hot sh*te and YES, Y1101284... i will wait for other long term holders to get their money back

This has been an utter dog of a share, if it 5 bags from here, im gonna drop this like hot weasel sh*te and get the hell out of dadge having broken even. i will then spend my days detering any, and everyone from investing (gambling) on anything lenigas and morzai et al, are every in charge of.

BUT... doesnt the RNS say that the current funding with a further 2 million to draw down, is only for further exploration and to allow furthe testing of the limits and sizing of the potential find, nothing to do with actual mining. the company will reqyuire further funding to actually mine in any of the areas. also, this funding can then e turned into shares, because it is a convertible loan note, so potentially, this is another 2.2 billion shares added to the current 12.2 billion shares, and THAT is only if the shares are offered at the current market rate...not mates rates or warrants...

i am not deramping, just sifting through the RNS, this is how i read it. it is what it is. correct me if im wrong.

Hi Onemac

in theory, your investment amount in pounds, will NOT change, just the number of shares in circulation. so, you will have all of your current shares divided by 200, BUT, your investment total, will be a mulitple of 200 of each share held.

EXAMPLE, if you held 200 shares worth £200 pounds and they were consolidated to one share for every 200 you held. you would now have....1 share, worth £200 pounds.

However, EXPECT drop in the SP of around 10 to 15% around the time of the consolidation. i use MTR as an example and they consolidated back in july, and remain 15% down. UJO , in my opininon, is a stronger stock and will hopefully recover any small dip within the first 30 days.

Go on then, im listening. every days a school day. my break even is now 39.4, so im just lue at the moment, averaged down throughout the drop every month but wont add anymore for now. ive only got £15k in the game, but, thats a lot for me. so, if you have time, tell me your thoughts, im willing to listen without deriding anyone. its good to listen.

got the better part of 15k GBP in this, not as much as most of you, but, i blame Mclaren for their service costs. anyway... the point is... 39.4 is the blue border...yeeehhhaaaa

yeah....bleddy de-rampers.... cant ramp with em...cant ramp without em

1.7 to 1.8 is my guess..... anything lowwer would be absolutely criminal

i didnt mean to say down for months, just initial drop. i used MTR as an example that has been down 10 to 15% and struggled to maintain or climb above its pre consolidation level. I just think initially, UJO will drop 10 to 15% and will never go above 66p. (whch in current terms is 0.003p) - all my own opinion.

Consolidation. should make these new shares around 33.2p per share, allow for a 10% drop on the first day (before you go off on one, thats what generally happens MTR as an example is still 15% down 8 months post consolidation)...BUT.... the 4 billion shares sold at mates rates for 7 million quid, will still be worth 7 million quid (ish) but will now be 20million shares, of the new 99 million share market. so, still 20% of the shares will be those sold at mates rates (0.0015 originally). so to make 100% of their money back and still maintain a 10% holding, they will now need the price to reach 66p ish. so i reckon that the new level that we will not pass will be, 66p. for further interest, Heids predicted 3p share, will now be £6 post consolidation. as a ong term holder, i would be massively happy to be wrong and see this consolidation be a good thing. but i think what this really does, is give room to issue more equity in the future and thus water down shares. i know, i know, we are cash rich, bla blah blah....heard it all before. these are just my opinions for a free to post bulletin board