Uk Oil & Gas Share Discussion Threads

[gismo] 19/5/2018 09:33

Thanks 25 you too

[nocrapversion4] 19/5/2018 09:30

yes andy agreed,

put the lot in UKOG, it makes so much sense.

where else can you spend your ESA or JSA.( apart from Iceland on meatballs)

on a side note the BBC did an interview at windsor castle, with some fans, they said "the wedding is a valuable distraction"

I wonder if they are UKOG investors???

I wonder

[jack4691] 19/5/2018 09:28

"Just passed Toulouse" !!! Oh dear, oh dear, how could she loose Toulouse on her stopovers? Some lovely Lamp Post over there which one just cannot afford to-loose.

[25wbh] 19/5/2018 09:21

Hi Gismo,have a good day!!

[nocrapversion4] 19/5/2018 09:18

hey gismo, if you cant hear, you can still read, and you love bella magazine and the motley fool articles imo. dont cha.

you will probably find the books i mentioned above, far, far too superior to your best seller,that you wrote, that im still looking for in Waterstones.

remember dont go drinking foreign water from down wells, you never know what folk have done down wells,imo.

glad to see you entered the screwball rally, its a tour across europe in a £750 banger for charity.

whats your chosen charity ???.


www.screwballrally.co.uk/

[si phillis] 19/5/2018 09:14

Well you are getting on a bit. Time for the hearing aid?

[gismo] 19/5/2018 09:06

I can't hear you!! :-))

[nocrapversion4] 19/5/2018 09:05

recent article from motley fool as all bulls love the motley fool. imo.



Cash position?
AIM-listed UK Oil & Gas (LSE: UKOG) is also on my ‘sell’ list, despite the shares at 1.55p now being at a huge discount to their 52-week high of 8.97p. Shareholder dilution here has been significant, partly due to this cash-burning company having to raise £10m last year in a so-called ‘death spiral financing’, which has still to fully play out.

A protracted and ultimately unsuccessful flow-testing programme at what management had previously referred to as its ‘flagship̵7; Broadford Bridge asset will have been costly. And I see it as ominous that the company released its annual results for its financial year ended 30 September 2017 at the last possible date of 29 March and declined to update shareholders on its current cash position.

UKOG is currently awaiting Oil and Gas Authority permission to return to its Horse Hill asset for extended flow testing, this asset having previously flowed 1,688 barrels of oil per day but over periods of only a few hours. In the circumstances, I believe UKOG is significantly overvalued at its current market cap of close to £60m.

[nocrapversion4] 19/5/2018 09:03

markie look up the all seasons portfolio, google it, it is run by a manager Ray Dalio,for clients with $5 billion min to invest, the basic guidelines are in the book money , mastering the game.tony robbbins.

its not about stock picking individual nanocap oilies, its about how to set up a portfolio for all seasons, eg bonds, commodiites, stocks, metals.

how to proportion them, rebalance them.

the portfolio only ever lost 3.9% in its worst year ever, going back to the dot com drop and banking crisis in 2008.

3.9% down at its worst, thats amazing,

some folk here are 90% down which now requires a 900% uplift to breakeven due to the massively lowered share value.

[gismo] 19/5/2018 09:03

Morning 25 just passed Toulouse Spain by lunchtime. Morning Mikey!

[andy] 19/5/2018 09:03

mikeygit,


Absolutely, who wants to read the "rubbish" posted by people that correctly spotted the problems here and called the price down from 10p to the current level? Why would anyone do that when they have the option of putting their head in the sand and filtering such investing novices?


What you want is plenty of talk about Hoyer tankers, Lay bys, viewing galleries, the Weald being "bigger then the North Sea", recipes, boasts about where people say they are in the world, and how great the weather is there. That sort of post is much more educational isn't it?


And does it really matter if you're losing money as long as you're doing it collectively as a team?


Viva el collective!

[mikeygit] 19/5/2018 08:47

markie--don´t let it worry you. Most of u have them ALL on filter--for that reason, NOT to read the rubbish they post!

[nocrapversion4] 19/5/2018 08:41

Read the Snowball, Warren Buffett, or Money, mastering the game, tony Robbins,

or How anyone can make money trading shares 2014 edition by Robbie Burns,

thats all you need to know about investing and trading imo.

there you go mr frankie, i made a valuable contribution.

[nocrapversion4] 19/5/2018 08:37

what happens if UKOG turns out to be a scam, im a bit worried now,, i got spooked about the horse meat scandal, and then there was uzi cats in telit communications,

my cloudtag shares werent very good, neither my shares in Globo.

then sound energy gas field as big as Belgium disappointment,

gee, i sure can pick em wrongly.I must be related to Hazelist,

never mind me and her still have todays wedding to look forward to.

guess its time to look for nanocaps, with the word blockchain on their names, that seems to perk up their market cap.

UKOG Blockchain, nice !!!

[gizmogizmo] 19/5/2018 08:35

UJO.....not uno....sorry
Union Jack oil....might be worth a look. (IMO)

[andy] 19/5/2018 08:31

Good royal morning all decents,


Someone mentioned a Hoyer tanker, has it been officially verified on Twitter?

[nocrapversion4] 19/5/2018 08:30

do you reckon all the UKOG flag waving today will raise the price on Monday in UKOG,

cos in the past a flag raised at B bridge put the price up £30 mill or was it the viewing platform.

it wasnt the amount of oil they found anyway.

[nocrapversion4] 19/5/2018 08:24

ah, but i have no windows to wave my flag according to gismo, so I will just have to wave flag from the rooftop of my range rover sport.

I remember 1981 royal wedding, it was amongst the gloom of a recession, all we had was adam ant to look forward too, the wedding picked us up though.

just like todays wedding, help lift the spirits of us those that got tricked into buying UKOG shares.

I for one will not touch a glass of methylated spirits at all, im in a good mood. hip hip hoorah.

[markfrankie] 19/5/2018 08:23

Morning all LTH's are we getting closer to action? Trolls appear to think so.
Almost time to Get this show on the road? Ujo are starting to recover.

[si phillis] 19/5/2018 08:22

Why the hatred against nicebut anyway? It's surely not just because he called this right whilst you all sat on your hands and lost a fortune?

HOYER TANKER!!

[nocrapversion4] 19/5/2018 08:16

morning all desperates, i will be waving my UKOG flag to the wedding of prince henry hewitt and meghan sparkle me kitchen cillit bang.

all uk residents can applaud , except ex pats, cos they dont belong here anyway. they prefer paella.

shame hazelst will miss it, she had a hard night last night,imo, shes well bushed.

[25wbh] 19/5/2018 08:07

Good morning all ,mikey ,Gismo amr Rayrac