Upland Resources Share Discussion Threads

[yogaboy] 25/6/2018 10:38

Oh go on. You know you want to!

[doughty] 25/6/2018 09:58

You can sell for above the mid price at the moment...looks like its only going one way once they let it go !

[nlmbidc] 25/6/2018 09:30

I topped up this morning as well.

Could be a good couple of weeks.

[tburns] 25/6/2018 09:22

Buys going through full on the offer, tick up due again soon. Just umming and aahing as to whether to sell some more TERN and add here

[michaelwhight] 25/6/2018 09:02

I added 305k this morning. Not showing.

[nlmbidc] 25/6/2018 09:01

Share price going up on very low volume.

Always a good sign.

[thejaba] 25/6/2018 06:31

We should see things starting to move volume and share price wise this week

[tyler90] 25/6/2018 06:28

Yes, Stark, they are adamant that they want things to run smoothly as possible and will not make it difficult for Petronas which is the sensible approach. All good vibes from the weekend :-)

[stark industries] 25/6/2018 06:22

Good news Tyler All ready and set to go :))

[nlmbidc] 24/6/2018 11:04

The npv value I am using is specific to the wick well from February 2018.

you may be able to find the link on this bb if you go back to Feb.

[euclid5] 24/6/2018 10:57

do you mean CPR reports or various geologists?

It should depend on the location / country in question

Exactly in what context are you using the $7.50 Npv value - is this in the ground value - a 1P value or 2C value

The NPv value would extract after using a discount rate - capex etc

Think Optiva are using an IGV for the location Wick well is in
You can use various Npv per barrel values - even ultra conservative of $1 IGV for deep offshore West Africa wells - however it would be done to the Independant CPR values to read & see exactly what they place as the NPV

For example i3E, 11mmbls appraisal field is valued at $328m or $29 Npv/Barrel

"Independent valuers use $7.5 dollars for the npv figure"

[stark industries] 24/6/2018 10:49

The bottom line is :Can you make money at the current share price ?I can see a minimum natural uplift to 10p and beyond in the weeks ahead prior to Wick drill and I am not counting any else inGL

[nlmbidc] 24/6/2018 10:12

Independent valuers use $7.5 dollars for the npv figure.

Perhaps this is another example of why 9 out of 10 Broker Note valuations are never met.

[euclid5] 24/6/2018 09:51

Nlm, you are using the incorrect $per barrel value - Optiva uses $14.50, that's why you are not getting to 63p npv/share

All exploration well drilling is high risk - have to ask yourself the type of investor you are - high risk / very high risk - low risk with little capital to lose - if so you may be much better off in investing in FT100 - 250 co's & not High risk Aim Explorers

[henrymcivor1] 23/6/2018 13:30

Duplicate post.

[henrymcivor1] 23/6/2018 13:30

Forgivable for someone just starting to look at this company. Unforgivable for someone trying to be an authority putting a blog out there, commenting on twitter or a BB. IMO :)

[argyle underclap] 23/6/2018 12:00

For the record people I do believe Henry is referring to The article incorrectly presenting UPL as an AIM stock. UPL is listed on the main market.

[henrymcivor1] 23/6/2018 11:51

Can't believe that article hasn't been edited to remove a glaring mistake in it.

[argyle underclap] 23/6/2018 10:24

May 2018 interview with UPL CEO (value the markets)

[jarega85] 23/6/2018 09:52

LSE was down yesterday, presuming it still is now

[copperpot] 23/6/2018 07:57

kemche,

Great post! You are obviously a broker, a good one too....lol. Off topic a bit, is anybody having problems accessing the LSE chat board?

[nlmbidc] 23/6/2018 06:48

We are all holders so lets enjoy the ride.

As you say there is much more than Wick to come.