Upland Resources Share Discussion Threads

[soulsauce] 20/1/2021 08:52

'This is not a duster like Wick', what is that even supposed to mean tyler?

I am sure when they were doing all the interpretations on Wick it didn't look like a duster or they wouldn't have drilled it. In fact Staley was that sure from the interpretations that he set us up to have more %age holding than we should have done.

Nothing is definite or produce-able until the drill bit hits & flow tests are carried out.
Unless you know something different.

[tyler90] 20/1/2021 08:33

Just been tweeted by Upland:"Completion of detailed multidisciplinary interpretation of all vintage data revealing a rich array of new plays & material prospectivityTechnical results to be published in near term"This is not a duster like Wick...read between the lines

[tyler90] 20/1/2021 08:11

The 'extension' is not as bad as it sounds. It can be used as leverage to get the potential partners to get into a JV asap. I think the results are what Roberto was hoping for so they are sitting on something big/large/huge...whatever you want to call it AIMHO of course

[soulsauce] 20/1/2021 07:17

Is that it? The sum total of what we have waited all these months for? A one year extension and nothing more than they suspected in the zoom meeting. Pathetic.

And this is our highest priority lol.

[nlmbidc] 18/1/2021 13:56

If they can limp on until Sarawak news we should be OK.

[soulsauce] 18/1/2021 12:29

That is with company x. Cash must be getting low again.

[nlmbidc] 18/1/2021 12:23

Thats where company X comes in.....

[soulsauce] 18/1/2021 11:51

And along the lines of, oh and by the way our cash levels are on life support as well.

[tyler90] 18/1/2021 11:48

Even such news will propel the share price from these levels. A third-party putting up cash is a massive sign of confidence and reassurance to the markets. Agree, it can multi-bag on just such news and that is not including IMF, Sarawak or Brunei but getting good news from UPL is like drawing blood from a stone lol!

[baggins100] 18/1/2021 11:25

Easy multibag from these levels nash81

[nlmbidc] 18/1/2021 11:07

I don't think there will be any sub-salt numbers associated with any news from Tunisia.

Possible positive news will be along the lines of;

1) we are encouraged by the recent results from he additional seismic data and we now plan further seismic in Q3.

2) Company X will pay all forward costs for a % of the license.

[soulsauce] 18/1/2021 10:54

It's probably just as likely to land as anything else in the portfolio of none movers 👎

[tyler90] 18/1/2021 10:50

If you know it then you can assume others do, & if that were the case then the share price would not be at this level. I may be wrong and I hope I am wrong but I think you are just hoping too!

[soulsauce] 18/1/2021 10:13

Really, when??

[baggins100] 18/1/2021 10:08

Tunisia news about to land, I wonder what sort of numbers we are looking at for the new sub-salt play!

[nash81] 13/1/2021 23:59

UPL is very off radar. i am going to top up and average down later this week before the crowd start jumping in.

still have EOG and EDR for multibag later this month on Wressle

[soulsauce] 08/1/2021 09:05

nlmbidc6 Jan '21 - 13:22 - 10002 of 10018

End of next week maybe.

Luckily you didn't say which week nimbidc. There is another 51 of them this year, so here's hoping.

[yogaboy] 07/1/2021 11:33

The BoD are wide awake DanDaDanDan, but they are all NonExecs, so no-one is doing anything.

[spangle93] 06/1/2021 16:36

If you knew pre-CoVid about Covid, you'd have probably made different decisions, to be sure.

However, while your question appears more rhetorical than genuine, no, I can't see any reason why you'd invest for Tunisia now versus last Feb.

Even the exciting new deep play was in the 2019 mid-year report.

[tyler90] 06/1/2021 16:02

If you knew pre-COViD about Tunisia, any reason for waiting to invest now rather than then? Genuine question

[stark industries] 06/1/2021 15:46

You will have a better chance in SYME for that 5p imo ;)

[actybod] 06/1/2021 15:26

Wake me up when we are at 5p!!

[soulsauce] 06/1/2021 15:23

Anything please 🥱