Upland Resources Share Discussion Threads

[stark industries] 13/6/2018 06:35

That's a good vote of confidence by the board 4 million is not small fry News also looks like it will be coming soon in all 3 fronts and more

[hofan111] 13/6/2018 06:34

My thoughts exactly argyle, cash to fund North African asset ... estimated 1TCF gip!!! GLA

[argyle underclap] 13/6/2018 06:32

Secure the funds, bag the asset, deal therefore likely very close, and likely North Africa.

Absolutely brill to AGAIN see the CEO/etc fire their Dysons up.

Oversubscribed too.

[doughty] 13/6/2018 06:32

When some canny lads buy £3m worth of shares at 2.5p its not because they expect them to go to 1p...and they also know exactly what the current position is with wick...sarawak...north africa...whatever...so its brilliant news for all of us IMHO...and I see lots of news to come v soon and new highs !

[tburns] 13/6/2018 06:23

And new institutions on board too, should rebound from here. If it was oversubscribed and allocation was pro-rata to amount requested then the board were looking for even more shares than they managed to get.

[sull75] 13/6/2018 06:23

The last placing we had was at 1.30 now at 2.50 and no doubt we will have more placings but at significantly higher SPs. Very similar to how Cove operated. All very positive!

[maverick247] 13/6/2018 06:16

Thats put a floor in would now expect this too push back to previous highs given roadmap - could see a lot of buying from the bell

[soulsauce] 13/6/2018 06:15

Well the reason for the fall back is now explained but a decent price and oversubscribed.

Good news is there is plenty of of good words in there regarding north Africa and sarawak.
I suspect this extra money was required as the final piece to land the north Africa asset. We will see soon I think.

[sull75] 13/6/2018 06:14

Fully funded now and yet again the directors have bought even more shares, all very encouraging which can only mean that the next step is to announce assets.

[gersemi] 13/6/2018 06:13

Yes, one would think a floor's now in place but this is the stock market so anything's possible - uncertainty and unpredictability is a natural aspect of this area of human activity

[thejaba] 13/6/2018 06:13

Bolhassan invested another £100k...wow he's got millions and millions of shares already.

[jammytass] 13/6/2018 06:09

Don’t hold your breath Sarawak 50/50”

[gersemi] 13/6/2018 06:08

Price fall explained

[billyboychrisd] 13/6/2018 06:05

Fair value placing at 2.5, no discount. With that out of the way, let's take some leaps forward this year :-)

[tburns] 13/6/2018 03:28

Thanks for that Jaba. Busy summer ahead then hopefully

[thejaba] 12/6/2018 22:48

I stock ever goes up in a straight line. The main short term drivers here are Wick, which if successful could add up to 30p and North Africa which if they get a 1TCF permit would conservatively add 75p plus. The best time to add is when the share price is stagnant or eroding. There will come a time, given the tightness of the shares that this will explode. Upl have no current financial commitment in Sarawak and when that resolves itself it could truly be the cream on the cake.In the meantime with NAfrica and Wick the share price in those two alone could be close to three figures.Remain a holder and adding where I can .

[tburns] 12/6/2018 12:49

You do wonder how far this can drop and why the position is any different here now compared to when we hit 4p

[soulsauce] 12/6/2018 12:06

Nicely Zengas.

[zengas] 12/6/2018 12:05

Got 500k in that pullback at 2.6p

Wick Q3 spud and expect a deal in Sarawak to materialise.

[jarega85] 12/6/2018 10:31

Same chart as THR??

[billyboychrisd] 12/6/2018 07:41

I see this pattern time and time again. The rise, the slow pullback followed by the inevitable rise again. It's your choice whether you sell with your profit or hold for the potential bigger prize. With Wick spudding in q3, this will rise again. With other opportunities, this may rise significantly.

[argyle underclap] 12/6/2018 07:15

Yes yes -
Interesting food for thought will read up.

All -

Very happy holding. Tonnes to look forward to. Silly low mkt cap. Hoover standing by

[duplicate book] 12/6/2018 06:42

UPLoader........hoovers have the ability to blow out as well as to suck up!

[doughty] 12/6/2018 06:14

Re Petros v Petronas...it seems clear that the change of government has muddied the waters somewhat and the deal that was done in March may not be so watertight !...but listening to how Malaysian politics and law works ( interesting that a law can exist but it can be agreed to not enforce it ! ) I detect much going on behind the scenes...one thing to be clear about...and a thing that the new government is keen on too...is that Sarawak has been trying to get more autonomy over its O&G assets for some time...I remain happy to hold because I think a deal is there to be done in Sarawak...and that there other company changing irons also in the fire !