Simple question Russ, why are you here if youre so convinced ukog is hot air? Antagonising people or simply making fun of others losses is just vindictive. We are all adults making choices and whilst you have a right to express yoir thoughts its just repetitive, factless and dull.
The key here is that the fundamentals have not changed, its potential, as of Friday that potential is more substantial. Feels as though a new baseline will only form on actual flow rates. The annoying issues is how the fluctuations do not seem to be offered to PI's.
Next Steps. Fantastic news, upgrade and validation of the work completed by Nutech. The potential of the Weald is huge under UKOGs licenses. I wonder whether flow rates on the HH-1 well and further validatuon of the license area is the point of sale. The big fish are now in the pond.
'is expected shortly' and suspension 'very temporary' I hope everyone can have an ironic smile with those phrases and the imminent nature of an RNS
Difficult to determine: Holders are automatically going to want to lean towards positive news, I know I do. The suspension seems odd in terms relation to increases in SP yesterday and the fact that news on new estimates, reduced estimates and clarification hasn't resulted in a suspension. There is also the absence of derampers Russ and Mineyours over the last day or so which might be quite telling. I just hope for those patient PI's and holders who have seen a slide in the last month that this potential share delivers.
I thought the position on fracking was quite clearly clarified in previous statements by DL. If the site gets sold which again is to be established then perhaps the incumbent would have significant lobbying channels to make whatever it needs to the black gold out.
I dont mind anyone expressing an opinion but why constantly so negative. Everyone present is aware of the risks and potential. Its quite crass to drop comments like atb whilst revelling in others losses.
Rayjess a 65% interest in IOW. [link] download the presentation it has all the details and lots of other bits of useful information. Ive been monitoring this thread for a month so by no means UKOG pi royalty. Ive invested in other markets but this has been entertainment. Also keep an eye on DL and his twitter account which is equally intetesting. Invested here and holding.
Patience is a virtue. Always been told that a good thing is worth waiting for. Looking at the existing assets and multiple prospects its worth the wait.