Urals Energy Share Discussion Threads

[chavitravi2] 21/2/2017 09:28

At least the mm's aren't knocking it down to get business so far.

[gregpeck7] 21/2/2017 09:01

Agreed, the tone is very bullish IMO.. I think we are in for a very decent update...

[martyn9] 21/2/2017 08:58

Gregpeck,the information is appreciated,alot to digest but sounds realistic.

[gregpeck7] 20/2/2017 21:10

Sent you a PM martyn..

[calmtrader] 20/2/2017 20:44

Where's the octopus..was this on the list?

[basem1] 20/2/2017 17:23

Online limits did creep up. Friday close I could only sell 50k above 5p at 5.07. 100k was 4.95pTonight close could sell 100k at 5.25p Hope this helps. (200k was 4.79p tonight )

[topicel] 20/2/2017 17:13

Didn't budge the market one bit though Calm.

Probably wondering why we always go back to sober bank (lol) for a loan when, if we'd wait until June we'd have plenty of cash coming in?

Debt can be good but is it justified in this case at 15% and a charge against us once more? The 'substantial' bit is just words until delivered though, right?

Topicel

[calmtrader] 20/2/2017 16:04

they are normally very reserved with there words so I like this bit "as well as get substantial saving in commercial and transportation expenses."

[gregpeck7] 20/2/2017 15:06

Think it just needs some volume, what is excellent is no one is selling up here, I took another few today and if possible will do the same tomorrow as my thoughts are this will suddenly just take off.

[wanna brew] 20/2/2017 15:02

As said by others a plan is unfolding. Strangely quiet with what looks like 5.25 / 5.75 bid / offer. Mm's not too interested. Still think there is more here. We'll see.

[chavitravi2] 20/2/2017 14:28

I read this as no more of the old promises, promises. They are doing it. Putting things together even for near future increases of production and income. A plan coming together me thinks.

[tone the bone1] 20/2/2017 14:23

Gradual positive growth continues .Excellent !

djmoggy..19647 Your analysis makes total sense. A whole new market place for UEN's Petrosakh high grade oil is now 'The World'

The boring, silent, sleepy months of no news from our BOD are over .(Hooray for that)

[calmtrader] 20/2/2017 14:15

they really are getting their act together

[downsize] 20/2/2017 13:08

So that's both Sakhalin and Petrosakh taken care of in terms of increased reserves, capacity, reduced costs and increased revenues and margins.

[gregpeck7] 20/2/2017 12:44

Reassuring to see them building up the story here with action not just words.

[djmoggy] 20/2/2017 12:42

Just to add netback on exports would be significantly higher (between $10-$25 per barrel) - so the increased revenue would pay for the loan within months.

[djmoggy] 20/2/2017 12:38

This is positive.

The plan I would assume is that rather then selling Petrosakh crude oil/refined products on the local markets at reduced margins given increased MET (mineral extraction tax) the plan would be to use the storage facilities procured, build up stock and then export at higher margins thereby also taking advantage of reduced Export Tax.

[gregpeck7] 20/2/2017 12:31

Sounds very positive

[gregpeck7] 20/2/2017 12:31

The proceeds of the Loan will be used by the Company for acquisition of the storage facilities for refined products in Yuzhno-Sakhalinsk on Sakhalin Island (where Petrosakh operates). The storage facilities include: land plot, railway siding and a range of tanks. This acquisition will allow the Company to increase turnover and net backs in new niches, small wholesale and retail, as well as get substantial saving in commercial and transportation expenses.

[gregpeck7] 20/2/2017 12:29

Looks that wayLooks like things are getting moving

[calmtrader] 20/2/2017 12:29

yep...it all helps

[sportbilly1976] 20/2/2017 12:23

Positive rns?

[gregpeck7] 20/2/2017 10:04

Lol yes... panr will be the death of me mate..Looks like 5.8 to buy here.. ripe for a move up imo.. any buying and the bid will come up.

[martyn9] 20/2/2017 09:30

Sorry for o/t i hope these go the same direction as PANR,hey greg?

[gregpeck7] 20/2/2017 08:54

Will be making final top up next month..