Upland Resources Share Discussion Threads

[soulsauce] 30/10/2018 17:46

Can't disagree with any of that Argyle but they need to start putting some meat on the bones and provide the excitement he talks of.

[argyle underclap] 30/10/2018 16:59

Each to their own I guess chaps. Respect. For me the bigger longer term picture it comes down to whether u trust management to give their upmost to deliver. Track record suggests yes. Contacts and experience says yes. Money in bank via placing and access to more via LN if reqd is key component in taking on board additional prospect(s) So for me was an exciting development. War chest ready to go. Wick slipped a bit, mitigatingly weather and TP timing somewhat outta UPLS hands doesn’t bother me but can understand the frustration when it’s so close. Tunisia we do know has been derisked somewhat, gas discovered etc etc, and Sarawak tantalising too given their unique position, although I think the political fallout from the surprise election result maybe threw matters somewhat in the air for a while. There’s the near term prospect of more detail on Tunisia once the govt has brandished its rubber stamp. And with Sarawak I do think it now fair to expect some general update. I’m very excited for the near term and long term prospects here.

[soulsauce] 30/10/2018 16:00

Argyle like michaelwhight I don't want to sound too negative either.
I'll give you the Tune investment as a positive but loan notes and placing is hardly excitement for shareholders, neither was the Wick news which was taken on in the previous year.
So we have had the Sarawak mou and news on Tunisia, both of which we know very little about as there is no meat on the bones of either. Sarawak for too long.

So I hold to my statement.

[michaelwhight] 30/10/2018 15:52

Yes fair enough and I don't want to appear too negative but we were lead to expect good news flow to the end of September and the delay was just slipped in without much explanation. I'm happy to hold but I think we could be kept in the loop a bit better via a conference call or something like that. If there is a delay then give some revised guidelines to quell uncertainty. Q4 is too comfortable a margin after missing their target of 30 September.

[argyle underclap] 30/10/2018 14:47

Since the feb interims of note we’ve had...

Wick farm in confirmation

Tune group going above 16% ( & commitment to add more)

Commitment for additional £3.5M interest free loan notes (if deemed reqd by UPL)

Sarawak unique MoU

Oversubscribed placing to raise £3M

Tunisia new permit

Personally im over the moon with the newsflow when I just had a refresher of a look back. Major steps made in financing and addition of potentially transformational prospects.

Big fat juicy ducks being lined up. We might not bag the lot but just one coming home to roost will send this B.B. and the share price quackers.

[soulsauce] 30/10/2018 12:24

Yes the last sentence very much the same as used in the interims in February.
Let's hope these coming months are a little more exciting than the ones following the interims.

[myst1] 30/10/2018 12:16

michaelwhight post 6080. I think the Chairman has said all he can until he is allowed to:

Outlook

'This year Upland has secured one potentially transformative asset and is close to securing the second, whilst strengthening its finances. I expect the coming months to be exciting ones for investors'.

Chairman

25 October 2018

[yogaboy] 30/10/2018 11:37

Someone's picking up a bargain this morning.

[tburns] 30/10/2018 10:26

Tern is flying again, seems these 2 shares are a bit Ying and Yang but glad to still be in both

[soulsauce] 30/10/2018 09:59

michaelwhight agree.

[goodbloke1] 30/10/2018 09:38

I love hull spent university days there

[michaelwhight] 30/10/2018 09:31

The share price seems to be reflecting the general temperature outside. Very little coming from the company which is disappointing. I think we could all do with some reassurance now.

[nlmbidc] 30/10/2018 09:24

Very quiet this morning. Not even a good morning from Hull.

[yogaboy] 29/10/2018 21:50

Looking promising.

[henrymcivor1] 29/10/2018 20:41

Brage Viking heading back to Ensco 72 now.

Wave heights forecast down to 1.5m ish from mid Wednesday until end of the week.


hxxps://www.windfinder.com/forecast/sean_p

[nlmbidc] 29/10/2018 19:27

Baron oil (15% of Wick) have a 121 presentation on their web-site - hxxp://www.baronoilplc.com/reports.php

Not much new there, but they refer to drilling Wick late 2018, but don;t do the same for Colter. Possible indication that Wick remains the priority over Colter...

[yogaboy] 29/10/2018 15:26

Thanks henry

[henrymcivor1] 29/10/2018 15:13

Transponder on the rig will be turned on when moving. Switched off just now as it’s stationary. Waves are still a bit high to be working on a move.

[yogaboy] 29/10/2018 13:56

Brage Viking now moored at Gt Yarmouth, but marinetraffic.com seems coy about the precise location of ENSCO 72.Does anyone know better?

[soulsauce] 29/10/2018 13:28

I got a small top up at 3p. Nice turnaround and good turnover today. Would still nice to have some news from some quarter though.

[argyle underclap] 29/10/2018 13:23

Lots of buys from the twitter group including a straight million, buy showing

[moormoney] 29/10/2018 13:20

Anyone get a bargain this morning? I was too slow! Good recovery and now ready to forge ahead I hope.

[nlmbidc] 29/10/2018 11:54

Latest bid round for new blocks in Tunisia end on 31st October.

If we have bid and been successful we could get an RNS on Thursday.

Is there a tie up with Petronas???

[soulsauce] 29/10/2018 09:07

I don't think Optiva are in it for Wick, more likely Sarawak.