United Oil & Gas Share Discussion Threads

[spangle93] 01/3/2021 15:12

Someuwin - you only re-scaled one axis...

[mustbefunny] 01/3/2021 11:33

2nd arrow would do for me

[valhalla3] 01/3/2021 11:26

Some that graph is spot on pal when we get to the 3rd arrow can you wake me up. :÷¥

[someuwin] 01/3/2021 11:14

To put things in perspective I've re-scaled the chart with the blue line showing the new target price of 28p issued by Cenkos last week.

"...Valuation - We update our model with the latest Brent forward curve, increasing our price target to 28p, c.7.8x the current share price."


free stock charts from uk.advfn.com

[parob] 01/3/2021 10:29

So it looks like the rest of the stale bulls are now out.IG clients that needed to sell out are now out (deadline was Friday just gone).Higher low in at 4p and oil price climbing again.

[the manini] 26/2/2021 15:02

BL has already said they may add a further two wells this year dependant upon results and oil price. Both those are as good as you could have asked for so imo 2 more drills are more likely than not.

[thirdtimelucky1] 26/2/2021 14:57

You earned a Lora Lora laughs for that :)

[vespasianthesubguest] 26/2/2021 13:46

Blind Date Episode 50
Cilla Black: Number 1, what's your name luv, what do you do and where d'ya come from?
Clive Richards: Hi Cilla, I'm Clive Richards, and I'm a Venture Capitalist And Entrepreneur from Hereford Herefordshire
Audience: "ooooooooo"

[bozzawozza] 26/2/2021 13:36

It's going to pop. I hope

[fbrj] 26/2/2021 13:25

Parob - I think you've given Mr Richards a bit of a "thin" CV!

Previously he was Managing Partner at Wedd Durlacher (a leading stock exchange jobbing firm at the time), then subsequently Chief Executive of Rothschild Investment Trust, and Group Finance Director NM Rothschild.

More info here

[myn0k] 26/2/2021 12:28

Looks like it went through yesterday. Hopefully the announcement (and the after effects) will see an upward rise again

[parob] 26/2/2021 12:24

Quick search on new 3% TR1 holder:OverviewMR WILLIAM SAMUEL CLIVE RICHARDS is a Venture Capitalist And Entrepreneur from Hereford Herefordshire

[spangle93] 26/2/2021 11:38

If they have 35 targets, and it's such fantastic economics, why are they only drilling 3 wells a year? Why wouldn't you bring in a second rig?

[90005nelson] 26/2/2021 10:35

What's Jamaica worth 10 or 11p to the broker note? We have 3 working wells with over 30 target drills. If you stick around long enough we're quite likely to have six times more wells. IMO

[soulsauce] 26/2/2021 10:22

Well not really as the biggest chunk of that broker valuation is for Jamaica and until we get a partner for that with deep pockets (possibly Q4) much of that will go unrealised.
That said, due to the chicanery that has gone on with trading over the last year against a huge upswing in production, this still remains undervalued.

[vespasianthesubguest] 26/2/2021 10:09

"value share buyers will drive this up towards the broker target of 28p" if you're right, we're all sorted!

[someuwin] 26/2/2021 09:50

Looks likely that the forced closing of IG positions has held this back a bit. They'll soon be gone and value share buyers will drive this up towards the broker target of 28p.

[bozzawozza] 26/2/2021 09:44

Lol. If I sold my entire holding no one would blink an eye. I hold a lot for me but in the grand scheme of things it's not that much. And I only have one mate in this and he topped up yesterday.

[homebrewruss] 26/2/2021 09:40

UOG is one of the shares going 100% margin at IG today and then will be removed from spread betting in 30 days I think.

[mustbefunny] 26/2/2021 09:39

Do we know that IG are closing UOG? I've tried buying UOG there for about 3 months but it was closing only

[valhalla3] 26/2/2021 09:31

It'll be bozza the secret seller keeping this down for his mates.

[dandadandan] 26/2/2021 09:22

Are IG clearing those spreadbets? Last day was 26th Feb.

DDDD.

[parob] 26/2/2021 09:14

Hopefully see a higher low going in at 4p.

[dandadandan] 26/2/2021 09:13

Added a few yesterday at end of day and again today and no sign of the trades.
Someone is storing these up somewhere.
Last trade was for 170,000.

Mcap still going lower. This market is being controlled tightly.
Crazy activity.

DDDD.