Upland Resources Share Discussion Threads

[doughty] 25/5/2018 08:40

...we should have firm news on Sarawak and North Africa by Wick spud...we should really be flying high by then...onwards and upwards...GLA !

[doughty] 25/5/2018 08:39

...so what "hope value" at spud ?

[doughty] 25/5/2018 08:37

...that equates to around 40p per share btw

[cudmore] 25/5/2018 08:36

Anyone selling now is crazy. The massive upside that is so clear to see should be seeing huge institutional buying here imho.

[doughty] 25/5/2018 08:30

...this may be a little out of date but helps fill in some small gaps of our understanding of the current situation...

hxxps://www.voxmarkets.co.uk/blogs/3-reasons-to-add-upland-resources-upl-to-your-watchlist/

And this re Wick...

"The licence area benefits from an extensive 3D dataset. Upland continues to interpret the data and believes additional, attractive prospects are likely to be found in the permit area."

"With a, “a conservative NPV of only $7.50/bbl indicates an unrisked valuation of up to US$225m net to Upland”, this prospect alone has the potential to be transformational."

[stark industries] 25/5/2018 08:19

Good morning BlueYes had a look but am fully invested right now.I only tend to hold 1 or 2 stocks at a time but with this one I'm a kinda fat.Will keep my eyes on it though and see what I can do ;)

[1bluehorseshoe] 24/5/2018 15:42

Stark-did you do your research?

[doughty] 24/5/2018 11:41

Get in quick my son !

[doughty] 24/5/2018 11:41

"At 3.3p a share, it could soon leap in the face of the right news flow"

[argyle underclap] 24/5/2018 11:28

Doughty / moormoney - I’m tempted to add more too. Cheap as chips

[doughty] 24/5/2018 11:21

Argyle...as good read that...re Sarawak...

"Our operations here are very much ongoing, and there is a lot of newsflow to come"

( the writer also thought we are an AIM stock btw !

[moormoney] 24/5/2018 11:11

A few more for me while it’s quiet...thank you mms!

[argyle underclap] 24/5/2018 10:55

“Wick could be a game changer”

A must re-read given today’s RNS (and other prospects)...

[argyle underclap] 24/5/2018 10:32

The CEO thinks UPL is currently undervalued on wick alone. It’s very easy to see why. I’m surprised we’re not already 10p+ given the MoU.

The Market is WAY behind the curve.

But it won’t be for long

[78steve] 24/5/2018 10:22

The share price is finding it difficult to break 4p this will probably only happen with big news i.e. major oil discovery in Wick.

[doughty] 24/5/2018 10:06

...still cheap as chips here...it could blow at any moment with the right news !

...and thats without "the unknown"...did I mention that ? :-)

[doughty] 24/5/2018 10:04

Argyle....vox cast was pre-election and pre-new increased impetus by Sarawak/Petros so SS was props quite genuine when he made the statement re africa before sarawak...we will only know when it happens but africa asset announcement will be a nice little egg to add to the growing nest !...we have one ticking bomb in Wick...another couple...in whichever order they are announced would be very nice !...am sure the share price would like too !

[argyle underclap] 24/5/2018 09:57

Doughty, just a hunch really and just for fun, but I feel the vox market comments re North Africa was a subtle heads up that the CEO defo thought it would cross the line first.

Which horse am I backing?

Despite Sarawak charging up the inside...

North Africa takes it by a nose

Just

[doughty] 24/5/2018 09:50

...he talks about acquiring an "ASSET" ( singular ) in Sarawak but then goes on to say announcement of "ASSETS" plural...could be a phased thing with asset by asset announcements ?...could be I am reading too much into it and need to lie down in a darkened room !

[doughty] 24/5/2018 09:47

...Everything going to plan re North Africa ?...."very much so"

...hopes to say more "in the near future"

[doughty] 24/5/2018 09:45

SS says...."a fair way through looking at assessing assets, we are not starting from scratch"..."several months away from acquiring* an asset"...cant give a figure re timescale because it depends on negotiations, governments, third parties, we will move as fast as we can".

Sarawak is very keen to moving things on ASAP so that may all be brought forward...so yes Argyle...could be running neck a neck for the next RNS !

*ACQUIRING...intentions clearly laid down there

[argyle underclap] 24/5/2018 09:37

With upland saying Petros is clearly moving forward faster than expected, it seems reasonable to assume the timetable for a significant announcement has also got nearer.

North Africa was ‘likely’ the first to cross the line according to the last vox market podcast. Now, it feels very much neck and neck with Sarawak galloping alongside

[yogaboy] 24/5/2018 09:36

160,337 buyer at 10:10:11 wasn't in for the long term then!

[cudmore] 24/5/2018 09:25

Topped up......this is going only one way and that’s north!! Surprised the herd hasn’t arrived!