Uk Oil & Gas Share Discussion Threads

[moneymunch] 25/7/2021 19:32

That's only Yes from you because that's what you desperately want it to be, isn't that right???

[hans christian andersen] 25/7/2021 19:31

Probably because Eid al-Adha lasts from 20–23 July this year.

[bionicdog] 25/7/2021 19:28

I'll go "yes".

[moneymunch] 25/7/2021 19:21

That's correct yougotitbadly, but do you think for one moment they would use Basur-3 as a back drop after all this time, if it was a duster...Yes or No!!!???

[hans christian andersen] 25/7/2021 19:12

The picture is like his posts. 4 weeks out of date.

[jtidsbadly] 25/7/2021 18:56

I suppose Monsieur moneymunch is aware that the workers are being congratulated on the Eid Al-Adha holiday, not on success in finding visible or literal oil?

[jtidsbadly] 25/7/2021 18:52

..literally. Literally see the oil.

[bionicdog] 25/7/2021 18:50

Sorry , that's cataracts for you.

[moneymunch] 25/7/2021 18:41

No you can't, but I can't imagine Oceanmec making that post emblazoned with the Basur-3 logo if it was a duster...Don't you think??? Gl :-)

Ps hence my top UP!!!:-)

[bionicdog] 25/7/2021 18:37

You can actually see the oil.

[moneymunch] 25/7/2021 18:32

Yep, Oceanmec are congratulating their workers at Basur-3....not too sure if they would have made that post if it was a duster...Don't you think??? Ho ho ho :-)

[jtidsbadly] 25/7/2021 18:24

Well, that seems to tell your readers all they need to know.

[jtidsbadly] 25/7/2021 17:01

Hmmm, yes. HH, Loxley, Turkey, Geothermal - so undervalued.

So what accounts for the £27mm. market capitalisation? I suppose one pays a premium for superior management. No, hang on, that can’t be right.

[bionicdog] 25/7/2021 16:28

Yes , can everyone please stop posting unpalatable facts about the company and let MM get on with scamming people . . . I mean conning people into buying . . . I mean helping people to understand the potential of this little winner.

[moneymunch] 25/7/2021 15:28

Lol cyan et al, isn't it about time you all moved on...i really don't understand why you're all here, bitter and twisted and wasting your valuable time posting endless negativity on a share you're not invested....surely you would be better off posting positives on a share you might be invested, it can't be good for your soul or mental health....unless of course you're all betting short.....in the meantime i'm extremely excited at the prospect of potential good news from Basur-3 which could add signifcant value to my recent investment here, a feeling that i expect you all haven't experienced for some time.... Gl ;-)

[cardinal3] 25/7/2021 14:28

Cyan


'No-one will ever be retiring to The Bahamas with Sanderson's next get rich quick scheme.'

Sorry, wrong. Sanderson will.

[cyan] 25/7/2021 14:21

Supposed to be fully funded for 18 months from 4th July 2018 .Look at the fund raises in the last 4 years , in particular those within 18 months of being "fully funded";

Last 4 years fund raises;

19.5.17 £6.5m placing

15.11.17 £10m loan

15.6.18 £5.5m Placing

2.7.18 £5m placing

4.7.18 £2m placing

27.3.19 £3.5m placing

7.8.19 £5.5m loan

2.12.19 £2m placing

28.4. 20 £1.275m placing

4.6.20 £ 4.2m placing

2.10.20 £2.2m placing

5.7.21 £5 m Placing

Total £52. 675m

EVERY MONTH for the last 4 years plus ; UKOG has required a MILLION quid to keep this farce going.

Off out now. Can not wait to read tomorrows RNS.....if there is one........

[cyan] 25/7/2021 14:07

MM; Do you remember posting this in 2018;

moneymunch - 02 Jul 2018 - 16:32:58 - 89664 of 149176 UKOG strikes oil 2016 - UKOG

Fully funded for 18 months...All systems GO!!! :-)

Together with the funds raised in June, these funds will allow UKOG to embark on its projects' current 18-month work programme.

Stephen Sanderson, UKOG's Executive Chairman, commented:
"Together with the funds raised in June, the Company has now secured GBP10.5 million of investment during the last month, which given UKOG's current plans, mean that it has sufficient working capital for the next 18 months. UKOG is now in a robust financial position to confidently pursue its projects' ambitious exploration and appraisal programme in the Weald Basin."
----------------------------------------------
That was announced on 2nd July in this RNS



Fully funded eh?

TWO DAYS later UKOG place AGAIN

4th July 2021 RNS

"Use of Proceeds

This placing is intended for opportunistic investment to help deliver the Company's stated goal of consolidating and expanding its asset base in the Weald Basin. The placing represents an additional GBP2 million to the previously announced GBP10.5 million investment secured to deliver sufficient working capital for its core projects over the next 18 months."


+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

Just TWO effing days later; talk about taking the.........................


MM; Didn't you feel like you were conned ?

Can you take at FACE value ANYTHING Sanderson says?

fully funded........not so

directors will take 20 to 50% pay cuts...don't make me laugh

Directors will buy shares on July 2nd.....................ho ho ho

[cyan] 25/7/2021 12:41

MM writes;

"ridiculous display of negativity from the derampers of Ukog"

Reflect for a moment on the history here as to what IS ridiculous.

Just 4 years ago it was all talk of getting rich from billions of barrels of oil in the Weald.

4 years ago there were 2.59 Billion shares in issue. Over £52 million cash raised and with 15.98 Billion shares NOW in issue, what have shareholders got to be positive about; what can they celebrate ?

Now Sanderson reveals that the Weald is NOT such a great place after all, see here;



Now he is gambling; YES GAMBLING on what he himself described as a 'roll of the dice' in TURKEY!!!

How ridiculous is that?

The negativity is justifiable and evidenced.

And IF Turkey fails to be a torrential success; never mind; he has another 'get rich quick scheme' to keep UKOG going; geothermal. The story is just incredible.

Will there be an RNS tomorrow detailing a stunning Turkish drill result AND providing shareholders with a reason for why the board failed to buy shares on 2nd July; or will there be continued ominous silence.?

Place your bets