Upland Resources Share Discussion Threads

[stark industries] 02/7/2018 08:02

Expect to pay premiums for Qty now

[hulltiger] 02/7/2018 08:02

Good morning, looks like the folk I spoke to like what they see and so they should. Please excuse me but I could not find a full list of Share Ownership on the website, must be the sun or my age!! Would somebody be so kind and point ne in the right direction.

[doughty] 02/7/2018 07:56

The Captain held back the flight to let a few on with standby tickets...the doors are now closed...we are all strapped in and moving off the stand....

[thejaba] 02/7/2018 07:50

twitter...

#UPL full ASK 3.5p paid. It’s been a journey for the patient investor however feels like the masterplan is coming together nicely. The Malaysians are fully loaded and ready to go. Free float in this one is very low for good reason.

[michaelwhight] 02/7/2018 07:49

4p before long and then the real fun will start.

[tburns] 02/7/2018 07:45

Great start to the day guys. onwards and upwards

[doughty] 02/7/2018 07:42

3.7p being paid...looking v juicy :-)

[michaelwhight] 02/7/2018 07:33

Can't get a firm price with iii. Something's brewing.

[doughty] 02/7/2018 06:34

So the world is waking up to UPL...even with the absence of news we should see strong demand today ! :-)

[tburns] 01/7/2018 19:35

If we can get anywhere near even 1/2 of a Cove valuation there will be a lot of people not needing to work again. I have 1M here and been trading TERN almost daily making profits and continue to plough them in here to increase my stake, the upside is phenominal here.

[thejaba] 01/7/2018 11:46

The Clap

1st July today bud, I expect regular news re: Wick and Sarawak and NAfrica very soon.

Dr S said NAfrica could b before Sarawak....imagine all three coming in....get your rocket pictures ready we will go stratospheric if it does.

[argyle underclap] 01/7/2018 11:12

Jabs - when the bean counter gets on board it’s time to take note. Zakaria the chartered accountant bagging 120M sends an emphatic message.

Also Bolhassen took another 4m (£100k) in the June placing...

Placing
Shares Price
=============== =============== ==================
Bolhassan Bin 4,000,000 GBP100,000.00
Haji Di
=============== =============== ==================
Stephen Staley 800,000 GBP20,000.00
=============== =============== ==================
Jeremy King 330,770 GBP8,269.25
=============== =============== ==================

[sja123] 01/7/2018 10:56

Its all about the management here imo and the confidence generated by the decisions made to date.....and those decisions going forward...

Main market....willing to take on board the extra cost and oversight involved
Multiple jurisdictions....spreading risk, Sarawak, North Sea, North Africa to come
Quality cornerstone investors....Tune Gp, Chairman etc
Money where mouth is.....lots of skin in the game
In country knowledge & influence.....particularly in Sarawak but also with Staley knowing N Africa well from his Cove days

Its also my belief that they will probably purchase producing assets and it won't be all about exploration but a combination of that with producing assets, oil & gas...

They will build a diversified oil & gas exploration and production company here imo and those invested now need do very little but just wait and watch it unfold....its certainly what I intend to do!

All IMO etc

[yogaboy] 01/7/2018 10:33

One of the most encouraging facts about this BOD is that they're not in it for their salaries.

[thejaba] 01/7/2018 10:18

so we have Bolhassan Di who has millions of shares in his name and in the name of his wife,

Zakaria holding 120m shares (ex Petronas senior mgmt.)

Tune group as a cornerstone investor with Tony Fernandes (Air Asia and QPR) on board

Optiva brokers hold stock and are in the mgmt. of associated uplands companies in Tunisia etc

Steve Staley has around 10m shares I think

all in all the mgmt. are aligned with the shareholders and we are main market listed....with mgmt. salaries amounting to £100k pa for the entire BOD.

[thejaba] 01/7/2018 09:52

SJA

Zakaria is a qualified accountant, he holds 120m shares, ....he used to work for petronas.

Norza Zakaria – Non-Executive Chairman - Norza Zakaria is a highly experienced businessman and as well as Chartered Accountant with the Malaysian Institute of Accountants (MIA) he is a Fellow of the Australian Certified Practising Accountants(FCPA).

He is currently a director of several public listed companies in Malaysia including Bintulu Port Holdings Bhd.

Previously, he has also held senior positions with PETRONAS, Central Bank of Malaysia and Arthur Andersen & Co. He is also currently the Chairman of National Sports Institute of Malaysia.

[stark industries] 01/7/2018 09:41

SJA that's the way I'm reading it and I'm sure most on here are.Steve is the main man and investors are backing UPL based on Steve and his heavy hitters.

[stark industries] 01/7/2018 09:36

Thanks for pointing that out Spangle Steve Staley was close to management and was behind the success of Cove Energy and we can all see that the UPL is following a similar path imo on the cove success model.I'm confident as we move on Steve Staley will be creating a lot of value for his investors / share holders All to look forward to here as each opportunity UPL bring on board will be adding value to the SPAll is good and I'm just trying to connect the dots on what I'm unravelling :)

[sja123] 01/7/2018 09:35

"Dr Stephen Staley – CEO, Director

Dr Staley has over 30 years of wide-ranging technical and commercial experience in the international oil, gas and power sectors. He co-founded and brought to the AIM market both Fastnet Oil & Gas plc (where he was the founding CEO) and Independent Resources plc (where he was the founding Managing Director).

He was also both a technical consultant to, and non-executive director of, Cove Energy plc – the highly successful East Africa focused explorer that went from having a market capitalisation of £2 million in mid-2009 to being sold to PTTP for £1.2 billion in less than three years. Dr Staley is owner & founder of Derwent Resources Limited, an upstream consultancy advising on oil and gas opportunities. Prior to this he has worked for Cinergy Corp., Conoco and BP.

He holds a BSc(Hons.) in Geophysics from Edinburgh University, a PhD in Petroleum Geology from Sheffield University and an MBA from Warwick University. He is a Fellow of the Geological Society and a member of the EAGE, the PESGB and The Arctic Club."

Staley not just an NED at Cove......he was more importantly, a technical consultant...and therefore a major player in decision making at Cove Energy....

[poppet123] 01/7/2018 09:04

Am I not correct in thinking that one of the directors of the company holding 120 million shares is a local man ? If that is so, then I seriously hope with his wealth he would also have influence.
Sarawak is a poor area compared to near neighbours Bruni , and if this oil deal comes off then it would be life changing for so many people , all IMO.

[tyler90] 01/7/2018 08:32

Upland in a very good position with the Sarawak authorities IMOhTTp://www.theborneopost.com/2018/07/01/sarawak-set-to-exercise-regulatory-rights-from-today/

[tyler90] 01/7/2018 08:30

and more press hTTp://www.malaymail.com/s/1647449/sarawak-starts-exerting-control-over-oil-and-gas